7666 Shadow Lake DrPanama City BeachFL32407
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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
Rental property for sale in Panama City Beach at 7666 Shadow Lake Dr, Panama City Beach, FL, 32407 priced at $390,000 converts $2,495/mo rent into after a $1,909/mo obligation. Total monthly income equals $2,495/mo. Return on cash invested prints 16.24% in year one, and rental yield reads 7.68% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 84.77% and total cumulative return in cash sums $109,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,495/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: Ramone C Silvera • Salty Marlin Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #753473
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.