2937 Tj Mitchell 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
Investment property for sale in Bonifay at 2937 Tj Mitchell Rd, Bonifay, FL, 32425 earns $18/mo cash flow from $2,107/mo rent with a $1,541/mo payment. Total monthly income totals $2,107/mo, and annual cash flow totals $211/yr on $104,389 capital. ROI tracks 20.11% on current figures, and rental yield reads 8.03% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 104.53% and total cumulative return in cash sums $109,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,107/mo property income instead of your personal income.
Single Family
Built in 1991
1.35 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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