4274 Calinda Ln APT 215NicevilleFL32578
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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 4274 Calinda Ln APT 215, Niceville, FL, 32578 uses $84,533 cash to close to unlock $3,135/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,248/mo payment keeps the spread at $261/mo. Purchase price stands at $255,000, and rental yield measures 11.6% with $2,464/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 125.97% and total cumulative return in cash records $106,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$486 monthly 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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Listed by: Olivia J Catanese • Sandy Life LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #976397
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189