94 Alegro DrSouthportFL32409
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
Investment property for sale in Southport at 94 Alegro Dr, Southport, FL, 32409 at $840,000 posts ROI 22.48% with $558/mo cash flow from $6,271/mo rent. Total monthly income equals $6,271/mo, and annual cash flow records $6,700/yr on $276,360 to close. Return on cash invested measures 22.48% and rental yield reads 8.96% at the current $840,000. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,077 by year five. Five-year ROI prints 117.43% and total cumulative return in cash totals $324,542.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,271/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.33 Acres lot
$N/A/sqft
$416 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mindi A Sato • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #759343
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.