2939 Highway 90BonifayFL32425
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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 2939 Highway 90, Bonifay, FL, 32425 offers a 9.19% rental yield on a $349,000 purchase with $2,674/mo rent. Total monthly income registers $2,674/mo, and a $1,708/mo payment leaves $358/mo available for distribution. Annual cash flow reaches $4,298/yr on $115,694 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 123.38% and total cumulative return in cash at $142,740. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,674/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.57 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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