1008 Palm BlvdNicevilleFL32578
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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 Niceville at 1008 Palm Blvd, Niceville, FL, 32578 listed at $348,000 pairs $2,860/mo rent with a $1,703/mo payment to leave $551/mo cash flow. Total monthly income runs $2,860/mo, and annual cash flow reaches $6,611/yr on $115,362 cash to close. Return on cash invested measures 25.64% in year one, and rental yield registers 9.86% at a $348,000 basis. Equity gained on principal adds $2,246/yr, and annual property appreciation at 5% supports $96,146 by year five. Five-year ROI tracks 134.15% and total cumulative return in cash totals $154,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,860/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32578, Niceville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,993 (100%) |
| Owner Occupied HU | 11,177 (74.5%) |
| Renter Occupied HU | 3,110 (20.7%) |
| Vacant Housing Units | 706 ( 4.7%) |
| Median Home Value | $464,615 |
| Average Home Value | $536,480 |
Housing Distribution
Address Breakdown
Residential
14,829
Single Family
14,667
Multi-Family
162
Businesses
759
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