3402 Corgi LnChipleyFL32428
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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 3402 Corgi Ln, Chipley, FL, 32428 priced at $255,000 pairs $1,038/mo rent with after a $1,248/mo payment. Total monthly income equals $1,038/mo. Return on cash invested is 10.56% in year one, and rental yield stands at 4.88% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 53.34% and total cumulative return in cash reaches $45,092. For financing, Ziffy Mortgage’s DSCR program evaluates $1,038/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
5.52 Acres lot
$N/A/sqft
$50 annually 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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Listed by: Tonia Hathaway • CENTURY 21 Commander Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #760323
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.