808 Premier DrPanama CityFL32401
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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 at 808 Premier Dr, Panama City, FL, 32401 priced at $173,700 pairs $2,116/mo rent with $963/mo cash flow after a $850/mo payment. Total monthly income equals $2,116/mo, and annual cash flow comes to $11,562/yr on $57,582 invested. Return on cash invested is 39.99% in year one, and rental yield stands at 14.62% on a $173,700 basis. Equity gained on principal adds $1,121/yr, and 5% annual appreciation accumulates to $47,990 by year five. Five-year ROI measures 211.14% and total cumulative return in cash reaches $121,579. For financing, Ziffy Mortgage’s DSCR program evaluates $2,116/mo property income against a $850/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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Listed by: Mary Sowell • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #765367
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.