790 Bald Point RdPanaceaFL32346
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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 Panacea at 790 Bald Point Rd, Panacea, FL, 32346 priced at $989,000 pairs $2,395/mo rent with after a $4,841/mo payment. Total monthly income equals $2,395/mo. Return on cash invested is 4.69% in year one, and rental yield stands at 2.91% on a $989,000 basis. Equity gained on principal adds $6,382/yr, and 5% annual appreciation accumulates to $273,242 by year five. Five-year ROI measures 21.77% and total cumulative return in cash reaches $70,842. For financing, Ziffy Mortgage’s DSCR program evaluates $2,395/mo property income against a $4,841/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32346, Panacea, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 727 (36.3%) |
| Renter Occupied HU | 238 (11.9%) |
| Vacant Housing Units | 1,038 (51.8%) |
| Median Home Value | $268,662 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
84
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Listed by: Debbie Brett • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #373097
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.