9900 Thomas Dr UNIT 327Panama City BeachFL32408
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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 9900 Thomas Dr UNIT 327, Panama City Beach, FL, 32408 generates $2,330/mo in rent and, after a $1,550/mo payment, leaves $165/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $1,985/yr on $104,969 invested. Return on cash invested sits at 21.8% in year one, and rental yield is 8.83% on a $316,650 entry. Equity gained on principal adds $2,043/yr, while 5% annual appreciation builds toward $87,485 over five years. Five-year ROI reaches 113.86% and total cumulative return in cash sums $119,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Condo
Built in 2007
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: Alice de La Penha • Coldwell Banker Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #774814
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.