888 Walsonham DrPanama 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
Rental property for sale in Panama City Beach at 888 Walsonham Dr, Panama City Beach, FL, 32407 offers $5,618/mo rent that, after a $2,462/mo payment, leaves $2,220/mo cash flow. Total monthly income is $5,618/mo, and annual cash flow is $26,641/yr on $165,461 cash. Return on cash invested measures 36.16% in year one, and rental yield stands at 13.4% at a $502,920 entry. Equity gained on principal adds $3,245/yr while 5% annual appreciation compounds into $138,948 by year five. Five-year ROI records 190.74% and total cumulative return in cash reaches $315,601. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,618/mo property income versus a $2,462/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$180 quarterly 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: Truland Homes • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #753445
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.