123 Wright CirNicevilleFL32578
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 123 Wright Cir, Niceville, FL, 32578 priced at $374,500 pairs $2,616/mo rent with $131/mo cash flow after a $1,833/mo payment. Total monthly income equals $2,616/mo, and annual cash flow comes to $1,569/yr on $124,147 invested. Return on cash invested is 21.17% in year one, and rental yield stands at 8.38% on a $374,500 basis. Equity gained on principal adds $2,417/yr, and 5% annual appreciation accumulates to $103,467 by year five. Five-year ROI measures 110.2% and total cumulative return in cash reaches $136,814. For financing, Ziffy Mortgage’s DSCR program evaluates $2,616/mo property income against a $1,833/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
4,356 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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