8668 Shell Sink DrPanama 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 8668 Shell Sink Dr, Panama City Beach, FL, 32413 generates $2,778/mo in rent and, after a $2,031/mo payment, leaves $24/mo in cash flow. Total monthly income is $2,778/mo, and annual cash flow is $291/yr on $137,573 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 8.03% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 104.58% and total cumulative return in cash sums $143,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,778/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
3,500 sqft lot
$N/A/sqft
No 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 ID: #774804