615 Kathleen CtNicevilleFL32578
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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 615 Kathleen Ct, Niceville, FL, 32578 at $348,900 posts ROI 24.8% with $471/mo cash flow from $2,820/mo rent. Total monthly income equals $2,820/mo, and annual cash flow records $5,654/yr on $115,660 to close. Return on cash invested measures 24.8% and rental yield reads 9.7% at the current $348,900. Equity gained on principal adds $2,251/yr, and 5% annual appreciation supports $96,395 by year five. Five-year ROI prints 129.81% and total cumulative return in cash totals $150,136.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
8,276 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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Listed by: Shelby Burns • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #964744
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