106 3rd StNicevilleFL32578
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 Niceville at 106 3rd St, Niceville, FL, 32578 priced at $222,500 pairs $1,639/mo rent with $154/mo cash flow after a $1,089/mo payment. Total monthly income equals $1,639/mo, and annual cash flow comes to $1,847/yr on $73,759 invested. Return on cash invested is 22.41% in year one, and rental yield stands at 8.84% on a $222,500 basis. Equity gained on principal adds $1,436/yr, and 5% annual appreciation accumulates to $61,473 by year five. Five-year ROI measures 116.9% and total cumulative return in cash reaches $86,224. For financing, Ziffy Mortgage’s DSCR program evaluates $1,639/mo property income against a $1,089/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
7,840 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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Listed by: Pam Weeks • Compass
Mls Name: ECAOR
Mls Provider:
Mls ID: #975685
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. Member number: 28189