7406 Charles Loring Jr Rd · Panama City, FL 32404

$249,900

3 bd · 2.0 ba · 1,443 sqft · SingleFamily · 47 Days on market

Built 2026 Good condition 5,663 sqft lot $173/sqft · 10% below area Est $278k · 10% under ↓ 4% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.1/15.0
• Cash flow +8.2/30.0
• Schools +4.3/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• 1% rule +2.6/10.0
• DSCR +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Ryker Plan, one of our new plans at Liberty I Panama City, Florida. The Ryker is a spacious single-story home with 1,443 square feet of comfortable living. This beautiful home offers 3 bedrooms with 2 bathrooms, and a 1-car garage. Met with a cozy covered porch as you enter the home, The foyer welcomes you with beautiful EVP flooring which spans throughout the home in the main areas and bathrooms. Right by the front door is a bonus area which can serve as an office or a creative space. The hallway leads to the garage and laundry room into the open kitchen and living room area and the second and third bedrooms with the second bathroom in between. Each bedroom boasts plenty of space and sizeable closets for organization with soft carpet flooring. The kitchen includes an island for extra counterspace and seating with granite countertops, stainless steel appliances, and beautiful white cabinetry. Natural light illuminates this main area for your family and friends to enjoy. Nearby, covered patio access is located by the primary bedroom and the dining area. The spacious primary bedroom features its own bathroom complete with double vanity granite countertops, a large walk-in closet, and a relaxing shower. In addition to all the features and amenities our Ryker plan offers, each is built with our Smart Home technology package, designed to bring the ease and convenience of life right to your fingertips. On the outside of this popular plan, you will see durable vinyl siding, a rear patio to enjoy the spacious back yard and the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. To learn more about this home for yourself, call us to get connected today!

Key facts

• Covered porch
• Evp flooring
• Granite countertops

Tags

• COVERED PORCH
• EVP FLOORING
• BONUS AREA
• ISLAND FOR COUNTERSPACE
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-234 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (13.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (24.4% below list).
• Recommended offer: $189k (24.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#350 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Bay (suburban): math 51% / reading 51% proficiency, ranked #29 of 73 in FL (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.1%/yr); 981 active listings in the ZIP; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
• This rent runs 30% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Bay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,009 (24.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.17%
• Cash-on-cash: -4.01%
• DSCR: 0.82
• GRM: 11.0

CMA / ARV

• ARV (median comp): $278,417
• List price: $249,900
• Delta: -10.24%
• Verdict: UNDERPRICED
• Comps: 14 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7374 Charles Loring Jr Rd	0.00mi	3/2.0	1,443 (0%)	0mo	$254,900	$177	100
7347 Charles Loring Jr Rd	0.00mi	3/2.0	1,443 (0%)	0mo	$249,900	$173	100
7323 Charles Loring Jr Rd	0.00mi	3/2.0	1,443 (0%)	2mo	$259,900	$180	99
7334 Charles Loring Jr Rd	0.00mi	3/2.0	1,443 (0%)	2mo	$264,900	$184	98
7335 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,439 (-0%)	0mo	$244,900	$170	94
7346 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,439 (-0%)	1mo	$259,900	$181	94
7330 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,504 (+4%)	1mo	$269,900	$179	87
7315 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,504 (+4%)	1mo	$264,900	$176	87
7358 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,504 (+4%)	2mo	$265,000	$176	86
7338 Charles Loring Jr Rd	0.00mi	4/2.0 (+1)	1,504 (+4%)	2mo	$269,900	$179	86
7362 Charles Loring Jr Rd	0.00mi	3/2.0	1,281 (-11%)	1mo	$254,900	$199	81
6308 Dune Creek Way	0.65mi	3/2.0	1,565 (+8%)	1mo	$299,900	$192	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.12% rent growth · sell at horizon

5-year hold

• IRR: -25.2%
• Equity multiple: 0.16×
• Total profit: $-58,869
• Equity at exit: $37,261

10-year hold

• IRR: -28.0%
• Equity multiple: -0.20×
• Total profit: $-84,191
• Equity at exit: $21,607

Cash invested: $69,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32404

• Home prices YoY: -16.1%
• Rents YoY: 1.1%
• Active inventory: 981
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,890 medium
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,748/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $-234

Break-even live

Break-even rent $2,186

Max offer price $216,064

Occupancy floor —

Sensitivity live

Price	-10% $-61	-5% $-147	+0% $-234	+5% $-320	+10% $-407
Rent	-10% $-383	-5% $-308	+0% $-234	+5% $-159	+10% $-85
Rate	-1.0pp $-108	-0.5pp $-170	base $-234	+0.5pp $-299	+1.0pp $-364

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-07
   statusdays on market $249,900 Pending 47 DOM
2. 2026-06-05
   days on market $249,900 Active 45 DOM
3. 2026-06-03
   days on market $249,900 Active 44 DOM
4. 2026-06-02
   days on market $249,900 Active 43 DOM
5. 2026-06-01
   days on market $249,900 Active 42 DOM
6. 2026-05-31
   days on market $249,900 Active 41 DOM
7. 2026-05-30
   days on market $249,900 Active 40 DOM
8. 2026-04-30
   price $254,900 2078-char remark

   Show marketing remark (2078 chars)

   Welcome to the Ryker Plan, one of our new plans at Liberty I Panama City, Florida. The Ryker is a spacious single-story home with 1,443 square feet of comfortable living. This beautiful home offers 3 bedrooms with 2 bathrooms, and a 1-car garage. Met with a cozy covered porch as you enter the home, The foyer welcomes you with beautiful EVP flooring which spans throughout the home in the main areas and bathrooms. Right by the front door is a bonus area which can serve as an office or a creative space. The hallway leads to the garage and laundry room into the open kitchen and living room area and the second and third bedrooms with the second bathroom in between. Each bedroom boasts plenty of space and sizeable closets for organization with soft carpet flooring. The kitchen includes an island for extra counterspace and seating with granite countertops, stainless steel appliances, and beautiful white cabinetry. Natural light illuminates this main area for your family and friends to enjoy. Nearby, covered patio access is located by the primary bedroom and the dining area. The spacious primary bedroom features its own bathroom complete with double vanity granite countertops, a large walk-in closet, and a relaxing shower. In addition to all the features and amenities our Ryker plan offers, each is built with our Smart Home technology package, designed to bring the ease and convenience of life right to your fingertips. On the outside of this popular plan, you will see durable vinyl siding, a rear patio to enjoy the spacious back yard and the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. To learn more about this home for yourself, call us to get connected today!

9. 2026-04-20
   listed $264,900 Active 2078-char remark

   Show marketing remark (2078 chars)

   Welcome to the Ryker Plan, one of our new plans at Liberty I Panama City, Florida. The Ryker is a spacious single-story home with 1,443 square feet of comfortable living. This beautiful home offers 3 bedrooms with 2 bathrooms, and a 1-car garage. Met with a cozy covered porch as you enter the home, The foyer welcomes you with beautiful EVP flooring which spans throughout the home in the main areas and bathrooms. Right by the front door is a bonus area which can serve as an office or a creative space. The hallway leads to the garage and laundry room into the open kitchen and living room area and the second and third bedrooms with the second bathroom in between. Each bedroom boasts plenty of space and sizeable closets for organization with soft carpet flooring. The kitchen includes an island for extra counterspace and seating with granite countertops, stainless steel appliances, and beautiful white cabinetry. Natural light illuminates this main area for your family and friends to enjoy. Nearby, covered patio access is located by the primary bedroom and the dining area. The spacious primary bedroom features its own bathroom complete with double vanity granite countertops, a large walk-in closet, and a relaxing shower. In addition to all the features and amenities our Ryker plan offers, each is built with our Smart Home technology package, designed to bring the ease and convenience of life right to your fingertips. On the outside of this popular plan, you will see durable vinyl siding, a rear patio to enjoy the spacious back yard and the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. To learn more about this home for yourself, call us to get connected today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 17% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,681
• − Mortgage interest: −$13,998
• − Property taxes: −$3,748
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,814
• − Management: −$1,814
• − Depreciation: −$7,270
• Taxable loss: −$7,214
• Est. tax savings @ 24.0%: +$1,731
• After-tax cash flow: $-1,075/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This Ryker Plan home is in excellent condition with no visible repairs needed. It offers a spacious layout and modern finishes, making it a great investment for both resale and rental.

Value-add opportunities

• Both Paint interior walls — Fresh paint can make a home more appealing
• Both Install smart home devices — Enhances convenience and energy efficiency
• Both Add smart locks — Enhances security and convenience

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls — Fresh paint can make a home more appealing ↑
• Both Install smart home devices — Enhances convenience and energy efficiency ↑
• Both Add smart locks — Enhances security and convenience ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Bay
• NCES district ID: 1200090
• Math proficiency: 51% ▼ -8.00%
• Reading proficiency: 51% ▼ -7.00%
• Median HH income: $47,740
• Composite: 43.41/100
• National rank: #3014
• State rank: #29 of 73 in FL

Livability — Panama City

• Score: 72/100
• State rank: #350
• US rank: #5823

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bay County · 163,593 people
• City population: 91,445
• Metro: Panama City, FL
• Population (ZIP): 42,514
• Household income: $74,708
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 1218.0

Population outlook (Bay County) Hauer SSP2

• Today (2025): 206,264 people
• By 2030: 217,740 · +5.6%
• By 2040: 238,738 · +15.7%
• By 2050: 255,545 · +23.9%
• By 2075: 288,295 · +39.8%
• By 2100: 288,638 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 12% Two or more races 10% Hispanic / Latino 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Slovak 2% Italian 2%
• Foreign-born: 7% · Canada, Vietnam, Mexico
• Languages at home: 90% English-only · Spanish 6% Vietnamese 1% Other Asian/Pacific 1%

Political lean MEDSL · Bay

• 2024 margin: Solid R (+47.4) · D 25.8% · R 73.1% · Other 1.1%
• 2008→2024 swing: -6.6pp toward R · 2008: -40.7pp · 2024: -47.4pp
• All cycles: 2024: R+47.4 2020: R+43.5 2016: R+46.3 2012: R+43.6 2008: R+40.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.59%
• Current HPI: 263.7178
• Rent YoY: ▲ 1.12%
• Metro: Panama City, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-3.8% since first listed

2 events — show timeline

• 2026-04-30 Price Changed $254,900 CPARMLS
• 2026-04-20 Listed $264,900 CPARMLS