1305 Finck RdNicevilleFL32578
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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 1305 Finck Rd, Niceville, FL, 32578 uses $140,888 cash to close to unlock $5,205/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $3,254/mo, and a $2,080/mo payment keeps the spread at $434/mo. Purchase price stands at $425,000, and rental yield measures 9.19% with $3,254/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash records $173,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,254/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2014
5,227 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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