8958 Parrot PlPanama 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 8958 Parrot Pl, Panama City Beach, FL, 32413 priced at $379,080 converts $2,760/mo rent into $245/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $2,937/yr on $125,665 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 8.74% against a $379,080 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,733 by year five. Five-year ROI reaches 115.97% and total cumulative return in cash sums $145,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Minto Communities
Mls Name: Minto Communities
Mls Provider:
Mls ID: #N/A