920 W Beach DrPanama CityFL32401
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 at 920 W Beach Dr, Panama City, FL, 32401 priced at $1,158,888 converts $4,149/mo rent into after a $5,672/mo obligation. Total monthly income equals $4,149/mo. Return on cash invested prints 9.05% in year one, and rental yield reads 4.3% against a $1,158,888 entry. Equity gained on principal adds $7,478/yr, while 5% annual appreciation compiles into $320,179 by year five. Five-year ROI reaches 45.12% and total cumulative return in cash sums $169,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,149/mo property income covering a $5,672/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sostheim Group • Corcoran Reverie
Mls Name: CPAR
Mls ID: #773243