3321 Spring Valley LnBonifayFL32425
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3321 Spring Valley Ln, Bonifay, FL, 32425 in Bonifay is capital appreciation. Rental yield 4.19%. The 4.19% gross yield at $634,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $175,411 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.78) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $113,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 7.2% |
| Monthly Cash Flow | $(1,997) | $350 |
City averages based on Bonifay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,216 |
| Total Monthly Debt Service | $3,961 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
61.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2005
61.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy R Birge • Elite Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #754172
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.