1551 Flowing Well RdBonifayFL32425
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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 Bonifay at 1551 Flowing Well Rd, Bonifay, FL, 32425 priced at $199,900 converts $1,889/mo rent into $563/mo cash flow after a $978/mo obligation. Total monthly income equals $1,889/mo, and annual cash flow totals $6,754/yr on $66,267 invested. Return on cash invested prints 30.1% in year one, and rental yield reads 11.34% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 158.09% and total cumulative return in cash sums $104,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,889/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1944
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32425, Bonifay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,120 (100%) |
| Owner Occupied HU | 3,931 (64.2%) |
| Renter Occupied HU | 1,287 (21.0%) |
| Vacant Housing Units | 902 (14.7%) |
| Median Home Value | $138,027 |
| Average Home Value | $194,559 |
Housing Distribution
Address Breakdown
Residential
5,312
Single Family
5,267
Multi-Family
45
Businesses
390
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Listed by: Kyle Collins • Elite Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #768123
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.