Panama City Beach, FL — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.3%

Below average

Monthly Cash Flow

-$1,081

After all expenses

Price-to-Rent

16.4

Overpriced for rent

DSCR

0.52

Fails

📊 Key Metrics

Median Home Price
$432,834
Average Rent (3BR)
$2,170/mo
Price-to-Rent Ratio
16.4(high)
1% Rule
0.51%(fails — need 1%+)
Cash-on-Cash Return
-13.2%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+5.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

41.3%

Stretched

Section 8 Max Rent

$2,170/mo

3BR voucher payment

🏛️ FL Investor Climate

Landlord Friendly

8/10

State Income Tax

✅ None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

🏘️ Best Zip Codes in Panama City Beach for Investors

32407
Cap Rate: 5.2%Cash Flow: -$401/mo$397,705
32408
Cap Rate: 3.8%Cash Flow: -$789/mo$368,989
32413
Cap Rate: 2.9%Cash Flow: -$1,374/mo$467,963

All Zip Codes in Panama City Beach

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
324075.2%-$401$397,705$2,780/mo0.81
324083.8%-$789$368,989$2,070/mo0.60
324132.9%-$1,374$467,963$2,170/mo0.45
324132.9%-$1,374$467,963$2,170/mo0.45