2420 E 2nd Plz, Panama City, FL 32401

3 bd · 2 ba · 1,848 sqft · built 1973 · Panama City · SINGLE_FAMILY·source listing ↗

$165,000

$175,000 first listed

seller intel

Price cut

−5.7%

from $175,000

Motivation score

31/100

OnePercent model (vv1)$2,240/mo

p10–p90 confidence band

HUD Fair Market Rent · 32401 · 3BR$1,930/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Bay

Flood risk indexVery High FEMA NRI

Median household income$52,523

Median area rent$1,152/mo

Median home value$230,500

the verdict

1.36%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$165,000

1.36% · rent $2,240

Intrinsic value · income approach

$329,644

50% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.