1838 Highway 177a, Bonifay, FL, 32425 | 7.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1632 sft

6537 E State Highway 52, Hartford, AL, 36344

3 Bed
2 Bath
1346 sft

4749 Barron Rd, Graceville, FL, 32440

3 Bed
2 Bath
1152 sft

1097 Joy Meadows Cir, Bonifay, FL, 32425

3 Bed
2 Bath
1913 sft

7769 N State Highway 27, Chancellor, AL, 36316

Nearby investment properties with comparable prices

3 Bed
1 Bath
1248 sft

300 Woodland Dr, Hartford, AL, 36344

2 Bed
3 Bath
1130 sft

623 N 2nd St, Chipley, FL, 32428

2 Bed
2 Bath
1100 sft

700 W Commerce St, Hartford, AL, 36344

2 Bed
2 Bath
994 sft

1468 Highway 90, Chipley, FL, 32428

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Bonifay at 1838 Highway 177a, Bonifay, FL, 32425 offers a 7.41% rental yield on a $175,000 purchase with $1,080/mo rent. 22% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 94.42% and total cumulative return in cash at $54,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2020

1 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