8718 Pencil Thin AvePanama City BeachFL32413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8718 Pencil Thin Ave, Panama City Beach, FL, 32413 offers $2,760/mo rent that, after a $1,974/mo payment, leaves $84/mo cash flow. Total monthly income is $2,760/mo, and annual cash flow is $1,004/yr on $133,673 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 8.21% at a $403,238 entry. Equity gained on principal adds $2,602/yr while 5% annual appreciation compounds into $111,407 by year five. Five-year ROI records 107.47% and total cumulative return in cash reaches $143,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • Minto Communities
Mls Name: Minto Communities
Mls Provider:
Mls ID: #N/A