840 Joiner RdChipleyFL32428
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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
Investment property for sale in Chipley at 840 Joiner Rd, Chipley, FL, 32428 earns $377/mo cash flow from $1,306/mo rent with a $685/mo payment. Total monthly income totals $1,306/mo, and annual cash flow totals $4,528/yr on $46,377 capital. ROI tracks 29.67% on current figures, and rental yield reads 11.2% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 155.88% and total cumulative return in cash sums $72,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,306/mo property income instead of your personal income.
Manufactured
Built in 2010
0.72 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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