7538 Whisperwood DrPanama CityFL32404
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Panama City at 7538 Whisperwood Dr, Panama City, FL, 32404 uses $88,676 cash to close to unlock $3,121/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,309/mo payment keeps the spread at $260/mo. Purchase price stands at $267,500, and rental yield measures 9.13% with $2,035/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash records $108,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1986
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: Daryle Burkey • Coldwell Banker Realty
Mls Name: CPAR
Mls ID: #779667