8707 Sand Dollar 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 8707 Sand Dollar Dr, Panama City Beach, FL, 32413 priced at $479,500 pairs $2,874/mo rent with after a $2,347/mo payment. Total monthly income equals $2,874/mo. Return on cash invested is 15.15% in year one, and rental yield stands at 7.19% on a $479,500 basis. Equity gained on principal adds $3,094/yr, and 5% annual appreciation accumulates to $132,477 by year five. Five-year ROI measures 78.79% and total cumulative return in cash reaches $125,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,874/mo property income against a $2,347/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
3,500 sqft lot
$N/A/sqft
$322 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: Sheryl Lewis • Coldwell Banker Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #772597
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.