800 Bay Dr APT 17NicevilleFL32578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 800 Bay Dr APT 17, Niceville, FL, 32578 earns from $2,149/mo rent with a $1,757/mo payment. Total monthly income totals $2,149/mo. ROI tracks 17.56% on current figures, and rental yield reads 7.18% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 90.82% and total cumulative return in cash sums $108,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,149/mo property income instead of your personal income.
Townhouse
Built in 1981
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices