2362 Shenandoah BlvdChipleyFL32428
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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
Investment property for sale in Chipley at 2362 Shenandoah Blvd, Chipley, FL, 32428 listed at $260,900 pairs $1,038/mo rent with a $1,277/mo payment. Total monthly income runs $1,038/mo. Return on cash invested measures 10.29% in year one, and rental yield registers 4.77% at a $260,900 basis. Equity gained on principal adds $1,684/yr, and annual property appreciation at 5% supports $72,082 by year five. Five-year ROI tracks 51.85% and total cumulative return in cash totals $44,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,038/mo property income relative to a $1,277/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32428, Chipley, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 5,171 (67.1%) |
| Renter Occupied HU | 1,404 (18.2%) |
| Vacant Housing Units | 1,129 (14.7%) |
| Median Home Value | $223,466 |
| Average Home Value | $270,097 |
Housing Distribution
Address Breakdown
Residential
7,032
Single Family
7,032
Multi-Family
0
Businesses
598
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