6709 Betty Ln · Navarre, FL 32566

$125,000

3 bd · 2.0 ba · 1,294 sqft · Manufactured public records · 66 Days on market

Built 2000 0.27 ac lot Est $179k · 30% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.3/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

* As-Is Cash Sale Opportunity * This 1294 square foot Double Wide Manufactured Mobile Home is being sold in its current 'as-is' condition. The roof is 3 years old. There is mold in the ceiling of the master bathroom, so please enter with caution. Key details include:- 3 bedrooms, 2.0 bathrooms- Located on a beautiful lot with public water and septic- Electricity available * Important Notes: * - Cash purchase only - Sellers have never occupied the residence- No repairs will be made under any circumstances-Home needs alot of TLC-Close proximity to Hurlburt Field (approx. 10 miles)- Near public beaches and shopping. Nice location with potential for renovation or rebuilding. In a culdesac. If

Key facts

• Septic
• Usable space
• Culdesac

Tags

• PUBLIC WATER
• SEPTIC
• ELECTRICITY AVAILABLE
• CULDESAC
• INVESTMENT OPPORTUNITY
• USABLE SPACE

Property features AI

Finance

• Other: Lot is approximately 0.27 acres; Lot features include cleared lot, cul-de-sac, dead end

Exterior

• Utilities: Community water; Electric; Tap fee paid
• Home design: Manufactured home; Residential property; Construction complete; Road frontage on a county road; Zoned for mobile home and single-family residential
• Construction: Built in 2000; Other/N/A construction materials
• Exterior features: Yard building

Interior

• Kitchen: Dishwasher; Refrigerator; Electric stove/oven
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Has cooling
• Interior features: Single-story layout; Stories: 1

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 19.5% vs local median 4.2% in Navarre — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#435 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A, crime A-; Watch: health & safety C-, amenities F, commute F.
• Santa Rosa (suburban): math 63% / reading 60% proficiency, ranked #8 of 73 in FL (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: West Navarre Primary School (723 students, 39% FRL); Woodlawn Beach Middle School (math 68% / reading 60%, grade B+, #105 of 571 statewide, top 19%, 948 students, 34% FRL); Navarre High School (math 49% / reading 58%, grade C-, #146 of 667 statewide, top 22%, 2,406 students, 30% FRL) — zoned schools at 34% FRL track the district average.
• Market conditions: Rents rising (+2.7%/yr); 768 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,983 units permitted in Santa Rosa County in 2024 (128 in 5+ unit buildings).
• This rent runs 30% of the median local income ($106k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Santa Rosa County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.7% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $16k; list at $125k implies a 658% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.14% ✓
• Cap rate: 19.52%
• Cash-on-cash: 47.26%
• DSCR: 3.10
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $178,572
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2922 Crittenden Dr	0.18mi	3/2.0	1,404 (+8%)	13mo	$165,900	$118	67
3018 Ranney Dr	0.28mi	3/2.0	1,248 (-4%)	20mo	$172,000	$138	64
6732 Deena Ln	0.34mi	3/2.0	1,144 (-12%)	2mo	$190,000	$166	63
3004 Ferris Dr	0.25mi	3/2.0	1,127 (-13%)	21mo	$156,000	$138	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.74% rent growth · sell at horizon

5-year hold

• IRR: 44.3%
• Equity multiple: 2.91×
• Total profit: $66,792
• Equity at exit: $18,638

10-year hold

• IRR: 50.2%
• Equity multiple: 5.81×
• Total profit: $168,191
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32566

• Home prices YoY: -26.2%
• Rents YoY: 2.7%
• Active inventory: 768
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $2,675 high
• Mortgage (P&I): −$656
• Tax from tax record: −$28 /mo · $331/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$562
• Net cashflow: $1,378

Break-even live

Break-even rent $931

Max offer price $125,000

Occupancy floor 43%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2426 Houston Cir Gulf Breeze, FL	3.0	2.0	1474	$2,500	$1.70	23d	1	1.28mi
7223 Crown Ct Navarre, FL	3.0	2.5	1585	$1,950	$1.23	23d	1	1.29mi
2879 Leahs Ln Navarre, FL	3.0	2.5	1839	$2,150	$1.17	23d	1	1.34mi
7279 Majestic Blvd Navarre, FL	3.0	2.5	1574	$4,000	$2.54	23d	1	1.34mi
7288 Mossy Oaks Ct Navarre, FL	4.0	2.0	1705	$2,495	$1.46	23d	1	1.45mi

Listing history 19 events

1. 2026-06-18
   days on market $125,000 Active 66 DOM
2. 2026-06-17
   days on market $125,000 Active 65 DOM
3. 2026-06-16
   days on market $125,000 Active 64 DOM
4. 2026-06-15
   days on market $125,000 Active 63 DOM
5. 2026-06-14
   days on market $125,000 Active 61 DOM
6. 2026-06-10
   days on market $125,000 Active 58 DOM
7. 2026-06-09
   days on market $125,000 Active 57 DOM
8. 2026-06-08
   days on market $125,000 Active 56 DOM
9. 2026-06-07
   pricedays on market $125,000 Active 55 DOM
10. 2026-06-05
    days on market $150,000 Active 52 DOM
11. 2026-06-03
    days on market $150,000 Active 51 DOM
12. 2026-06-02
    days on market $150,000 Active 50 DOM
13. 2026-06-01
    days on market $150,000 Active 49 DOM
14. 2026-05-31
    days on market $150,000 Active 48 DOM
15. 2026-05-31
    days on market $150,000 Active 47 DOM
16. 2026-04-12
    listed $150,000 Active
17. 1997-03-03
    soldstatus $16,500
18. 1997-02-28
    soldstatus $16,500
19. 1986-02-01
    soldstatus $9,400

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $331 · $28/mo
• Projected year-2 tax: $1,038 · $86/mo
• Expected delta: +$706/yr (+$59/mo · 213.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,104
• − Mortgage interest: −$7,002
• − Property taxes: −$331
• − Insurance: −$625
• − Repairs & maintenance: −$2,568
• − Management: −$2,568
• − Depreciation: −$3,636
• Taxable income: $15,373
• Est. tax owed @ 24.0%: −$3,689
• After-tax cash flow: $12,850/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Santa Rosa
• NCES district ID: 1201650
• Math proficiency: 63% ▼ -6.00%
• Reading proficiency: 60% ▼ -5.00%
• Median HH income: $58,161
• Composite: 53.12/100
• National rank: #1511
• State rank: #8 of 73 in FL

Livability — Navarre

• Score: 70/100
• State rank: #435
• US rank: #7790

Category grades

Amenities F Commute F Cost of living B Crime A- Employment A Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Navarre, FL
• County: Santa Rosa County · 194,764 people
• City population: 43,883
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 43,883
• Household income: $105,551
• Rent vs Own: 17.5% rent · 82.5% own
• Severe rent burden: 608.0

Population outlook (Santa Rosa County) Hauer SSP2

• Today (2025): 195,978 people
• By 2030: 209,782 · +7.0%
• By 2040: 235,293 · +20.1%
• By 2050: 256,408 · +30.8%
• By 2075: 298,074 · +52.1%
• By 2100: 303,216 · +54.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Two or more races 9% Hispanic / Latino 9% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Scotch-Irish 3% Lithuanian 3% Romanian 2%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 92% English-only · Spanish 4% German/W. Germanic 1% Tagalog/Filipino 1%

Political lean MEDSL · Santa Rosa

• 2024 margin: Solid R (+51.0) · D 24.1% · R 75.0%
• 2008→2024 swing: -3.0pp toward R · 2008: -47.9pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+46.5 2016: R+53.5 2012: R+52.6 2008: R+47.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.87%
• Current HPI: 298.6821
• Rent YoY: ▲ 2.74%
• Metro: Pensacola-Ferry Pass-Brent, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1495.7% since first listed

4 events — show timeline

• 2026-04-12 Listed $150,000 NAMLS
• 1997-03-03 Sold (Public Records) $16,500 Public Records
• 1997-02-28 Sold (Public Records) $16,500 Public Records
• 1986-02-01 Sold (Public Records) $9,400 Public Records

Property tax history

-1.7%/yr

Latest (2025): $331 · +2.9% YoY. Source: county tax records.