8700 Front Beach Rd UNIT 4104Panama City BeachFL32407
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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
Investment property for sale in Panama City Beach at 8700 Front Beach Rd UNIT 4104, Panama City Beach, FL, 32407 offers a 8.16% rental yield on a $289,000 purchase with $1,965/mo rent. Total monthly income registers $1,965/mo, and a $1,415/mo payment leaves $47/mo available for distribution. Annual cash flow reaches $560/yr on $95,804 to close, and return on cash invested stands at 20.49% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 106.58% and total cumulative return in cash at $102,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,965/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: Tina M Quick • Gulf Life Real Estate Inc
Mls Name: CPAR
Mls ID: #781639