9850 S Thomas Dr UNIT 211EPanama CityFL32408
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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
Investment property for sale in Panama City at 9850 S Thomas Dr UNIT 211E, Panama City, FL, 32408 earns $314/mo cash flow from $2,398/mo rent with a $1,537/mo payment. Total monthly income totals $2,398/mo, and annual cash flow totals $3,769/yr on $104,091 capital. ROI tracks 23.53% on current figures, and rental yield reads 9.16% at a $314,000 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $127,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,398/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Laina Dillman • Lifes A Beach Real Estate, LLC
Mls Name: CPAR
Mls ID: #783144