170 Baywind DrNicevilleFL32578
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 170 Baywind Dr, Niceville, FL, 32578 priced at $840,000 pairs $4,206/mo rent with after a $4,111/mo payment. Total monthly income equals $4,206/mo. Return on cash invested is 14.12% in year one, and rental yield stands at 6.01% on a $840,000 basis. Equity gained on principal adds $5,420/yr, and 5% annual appreciation accumulates to $232,077 by year five. Five-year ROI measures 72.35% and total cumulative return in cash reaches $199,934. For financing, Ziffy Mortgage’s DSCR program evaluates $4,206/mo property income against a $4,111/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
0.44 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices