3120 Crystal Lake DrChipleyFL32428
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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 Chipley at 3120 Crystal Lake Dr, Chipley, FL, 32428 priced at $245,900 pairs $1,695/mo rent with $63/mo cash flow after a $1,204/mo payment. Total monthly income equals $1,695/mo, and annual cash flow comes to $753/yr on $81,516 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 8.27% on a $245,900 basis. Equity gained on principal adds $1,587/yr, and 5% annual appreciation accumulates to $67,938 by year five. Five-year ROI measures 108.38% and total cumulative return in cash reaches $88,351. For financing, Ziffy Mortgage’s DSCR program evaluates $1,695/mo property income against a $1,204/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2021
1.08 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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