8469 Dreams Float CtPanama City BeachFL32413
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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 8469 Dreams Float Ct, Panama City Beach, FL, 32413 priced at $360,000 converts $4,162/mo rent into $1,456/mo cash flow after a $1,762/mo obligation. Total monthly income equals $4,162/mo, and annual cash flow totals $17,472/yr on $119,340 invested. Return on cash invested prints 34.55% in year one, and rental yield reads 13.87% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 183.07% and total cumulative return in cash sums $218,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,162/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2024
3,920 sqft lot
$N/A/sqft
$317 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Terri M Snyder • Bob Hodges And Sons Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #762159
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.