204 Parkwood CirNicevilleFL32578
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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 204 Parkwood Cir, Niceville, FL, 32578 uses $113,340 cash to close to unlock $306/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,673/mo payment keeps the spread at $26/mo. Purchase price stands at $341,900, and rental yield measures 8.05% with $2,294/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $94,461 over five years. Five-year ROI reaches 104.87% and total cumulative return in cash records $118,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,673/mo payment rather than investor’s personal income.
Single Family
Built in 1987
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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