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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$1,500,000
2 bds1 ba7052sqft
700 Palm Blvd NNicevilleFL32578
1.16%
Gross Yield
-0.63%
ROI
$1,451/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
Rental Income
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $1,451/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 1.16% with $1,451/mo rent. Return on cash invested shows -0.63% in year one, and 5% annual appreciation builds toward $414,422 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Multi Family
Built in 1985
N/A 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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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved