The Aldridge Plan, Hodges Bayou PlantationSouthportFL32409
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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 Southport at The Aldridge Plan, Hodges Bayou Plantation, Southport, FL, 32409 priced at $302,900 pairs $2,338/mo rent with $327/mo cash flow after a $1,483/mo payment. Total monthly income equals $2,338/mo, and annual cash flow comes to $3,929/yr on $100,411 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 9.26% on a $302,900 basis. Equity gained on principal adds $1,955/yr, and 5% annual appreciation accumulates to $83,686 by year five. Five-year ROI measures 124.44% and total cumulative return in cash reaches $124,954. For financing, Ziffy Mortgage’s DSCR program evaluates $2,338/mo property income against a $1,483/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
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