8418 Lorento StPanama City BeachFL32408
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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 8418 Lorento St, Panama City Beach, FL, 32408 priced at $165,000 converts $3,656/mo rent into $2,561/mo cash flow after a $808/mo obligation. Total monthly income equals $3,656/mo, and annual cash flow totals $30,727/yr on $54,698 invested. Return on cash invested prints 76.09% in year one, and rental yield reads 26.59% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 404.68% and total cumulative return in cash sums $221,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,656/mo property income covering a $808/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Daniel Hagen • Robert Slack, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #755443
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.