342 Grove Park DrNicevilleFL32578
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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 342 Grove Park Dr, Niceville, FL, 32578 with 5% annual appreciation on a $1,075,000 basis while $5,198/mo rent supports operations. 7% in year one. Equity gained on principal adds $6,937/yr, and five-year appreciation sums $297,003 alongside rental yield of 5.8%. Five-year ROI measures 70.04% and total cumulative return in cash totals $243,954. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,198/mo property income versus a $5,262/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
0.32 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
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