38 Florida DrSopchoppyFL32358
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
Investment Highlights
Rental property for sale in Sopchoppy at 38 Florida Dr, Sopchoppy, FL, 32358 offers $1,513/mo rent that, after a $978/mo payment, leaves $71/mo cash flow. Total monthly income is $1,513/mo, and annual cash flow is $853/yr on $66,267 cash. Return on cash invested measures 21.2% in year one, and rental yield stands at 9.08% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 111.15% and total cumulative return in cash reaches $73,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,513/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32358, Sopchoppy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,335 (100%) |
| Owner Occupied HU | 828 (62.0%) |
| Renter Occupied HU | 179 (13.4%) |
| Vacant Housing Units | 328 (24.6%) |
| Median Home Value | $304,887 |
| Average Home Value | $328,638 |
Housing Distribution
Address Breakdown
Residential
1,015
Single Family
1,013
Multi-Family
2
Businesses
50
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Listed by: Cole Davis • The Naumann Group Real Estate
Mls Name: TBR
Mls Provider:
Mls ID: #390304
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.