4458 Hancock CtChipleyFL32428
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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 4458 Hancock Ct, Chipley, FL, 32428 priced at $199,989 pairs $1,860/mo rent with $533/mo cash flow after a $979/mo payment. Total monthly income equals $1,860/mo, and annual cash flow comes to $6,392/yr on $66,296 invested. Return on cash invested is 29.55% in year one, and rental yield stands at 11.16% on a $199,989 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,253 by year five. Five-year ROI measures 155.13% and total cumulative return in cash reaches $102,844. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.26 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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