23
Map
3938 Peters Drive
About This Property
Step inside to discover new LVP flooring, fresh interior paint, and new appliances that give the home a clean, updated feel. The renovations make this property an appealing option for buyers looking for a move-in-ready home without the hassle of taking on major cosmetic updates.
Outside, you'll find a large, fully fenced backyard with plenty of room for pets, gardening, outdoor entertaining, or simply enjoying the Florida sunshine.
Situated in the desirable 32405 zip code, this turn-key property places you just minutes from local shopping, dining, top schools, Tyndall Air Force Base, and the pristine white sand beaches of the Emerald Coast.
Whether you're a first-time homebuyer, looking to downsize, or searching for an investment property in Panama City, this renovated home offers an attractive combination of updates, functional space, and affordability.
Updated 3-bedroom homes in Panama City with a fenced backyard and additional enclosed bonus space deserve a closer look, especially at $225,000! Schedule your private showing today and discover everything 3938 Peters Drive has to offer!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017