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179 Mcarthur St
D Composite 40.08
Why this score? — see what drove the D 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 +9.3/30.0
  • ARV discount +8.7/15.0
  • Schools +5.6/10.0
  • Condition / age +4.8/5.0
  • Livability +3.8/5.0
  • 1% rule +2.8/10.0
  • DSCR +2.6/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$209,990

179 Mcarthur St · Crestview, FL 32539
3 bd · 2.0 ba · 1,114 sqft · SingleFamily · 82 Days on market
Built 2026 Excellent condition 6,534 sqft lot $189/sqft · at area comps Est $216k · at est. ↓ 13% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

3 bed | 2 bath | 1114 sqft

Key facts

  • 6,534 sq ft lot
  • Built 2026
  • Listed 81 days

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $210k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-154 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $188k (10.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $164k (21.8% below list).
  • Recommended offer: $164k (21.8% below list) — sets the bar for 1% rule.
  • Cap rate 5.4% vs local median 4.4% in Crestview — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 75/100 on livability (#252 in FL, #3,858 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, amenities F, commute F.
  • Okaloosa (other): math 60% / reading 60% proficiency, ranked #12 of 73 in FL (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Northwood Elementary School (math 63% / reading 56%, grade B-, #690 of 2,144 statewide, top 34%, 828 students, 63% FRL); Crestview High School (math 49% / reading 54%, grade D+, #167 of 667 statewide, top 25%, 2,315 students, 42% FRL) — zoned schools average 53% FRL vs 36% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 822 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals lingering (median 117d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 63% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,268 units permitted in Okaloosa County in 2024 (175 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Okaloosa County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 82 days — a 6% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $164,181 (21.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 82 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-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?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. 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.
  8. 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.
  9. 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
0.78%
Cap rate
5.41%
Cash-on-cash
-3.15%
DSCR
0.86
GRM
10.7

CMA / ARV

ARV (median comp)
$215,874
List price
$209,990
Delta
-0.41%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
196 Mcarthur St 0.06mi 2/2.0 (-1) 1,154 (+4%) 3mo $227,000 $197 84
632 Long Dr 0.26mi 3/1.0 1,170 (+5%) 12mo $160,000 $137 65
154 Patch Ave 0.03mi 3/2.0 1,271 (+14%) 13mo $215,000 $169 64
117 Jeff Dr 0.75mi 3/2.0 1,107 (-1%) 5mo $225,000 $203 60
212 Aza Pl 0.67mi 3/1.5 1,100 (-1%) 7mo $206,000 $187 59
390 Brackin St 0.22mi 3/2.0 1,257 (+13%) 12mo $245,000 $195 59
2895 Pansy Ave 0.73mi 3/2.0 1,093 (-2%) 8mo $168,800 $154 56
512 Hyde Park Dr 0.62mi 3/2.0 1,083 (-3%) 13mo $240,000 $222 56
302 Dixie St 0.57mi 3/1.0 1,212 (+9%) 4mo $183,000 $151 51
5503 Brackin St 0.28mi 2/1.0 (-1) 975 (-12%) 12mo $120,000 $123 47
548 Hyde Park Dr 0.53mi 3/2.0 1,276 (+14%) 5mo $266,000 $208 47
502 E North Ave 0.74mi 3/2.0 1,267 (+14%) 5mo $248,050 $196 38

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 · 0.12% rent growth · sell at horizon

5-year hold
IRR
-24.8%
Equity multiple
0.18×
Total profit
$-48,446
Equity at exit
$31,310
10-year hold
IRR
-32.3%
Equity multiple
-0.24×
Total profit
$-72,643
Equity at exit
$18,156

Cash invested: $58,797 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
21 active · 11 under contract
Months of supply
6.6 mo (15%/mo absorbed)
Median asking
$229,990 ($206/sqft)
Median days on market
84 d
This list price
29% of active listings are priced below it
ARV vs active asking
-6.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32539

Home prices YoY
-17.8%
Rents YoY
0.1%
Active inventory
822
Price-to-rent
10.7×

Monthly cashflow live

Estimated rent
$1,642 high interval (Pro) →
Mortgage (P&I)
$1,101
Tax est. 1.5%
$262 /mo · $3,150/yr
Insurance
$87
HOA
$0
Vacancy / Maint / Mgmt
$345
Net cashflow
$-154

Break-even live

Break-even rent $1,837
Max offer price $187,682
Occupancy floor

Sensitivity live

Price -10% $-9 -5% $-82 +0% $-154 +5% $-227 +10% $-299
Rent -10% $-284 -5% $-219 +0% $-154 +5% $-89 +10% $-24
Rate -1.0pp $-48 -0.5pp $-101 base $-154 +0.5pp $-209 +1.0pp $-264

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
$52,498
Closing costs
$6,300
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
812 Carlton St Crestview, FL 3.0 2.5 1393 $1,495 $1.07 117d 1 0.57mi
326 Dixie St Crestview, FL 3.0 1.0 1386 $1,400 $1.01 139d 1 0.57mi
502 Hyde Park Dr Crestview, FL 3.0 2.0 1302 $1,795 $1.38 109d 1 0.62mi
201 Dixie St Crestview, FL 2.0 1.0 1343 $1,250 $0.93 6d 1 0.65mi
498 North Ave E Unit A Crestview, FL 2.0 2.0 1081 $1,450 $1.34 139d 1 0.70mi
188 Park Ln Crestview, FL 3.0 2.0 1328 $1,800 $1.36 6d 1 0.72mi
503 Tall Pines St Crestview, FL 3.0 2.0 1070 $1,695 $1.58 6d 1 0.74mi
102 Lake St Crestview, FL 2.0 1.0 756 $950 $1.26 5d 1 0.74mi
815 Valley Rd Crestview, FL 3.0 2.5 1373 $1,550 $1.13 139d 1 0.75mi
824 Valley Rd Crestview, FL 3.0 2.0 1423 $1,900 $1.34 6d 1 0.80mi
129 Jeff Dr Crestview, FL 3.0 2.0 1050 $1,850 $1.76 6d 1 0.83mi
198 E 1st Ave Unit B Crestview, FL 2.0 2.0 945 $1,350 $1.43 6d 1 0.85mi
962 N Lloyd St Crestview, FL 3.0 2.0 1338 $1,550 $1.16 3d 1 0.86mi
720 Arbor Lake Dr Crestview, FL 2.0 2.5 1100 $1,375 $1.25 117d 1 0.86mi
720 Arbor Lake Dr Crestview, FL 2.0 2.5 1100 $1,400 $1.27 139d 1 0.86mi
830 Arbor Lake Dr Crestview, FL 2.0 2.5 1200 $1,400 $1.17 109d 1 0.87mi
205 Powell Dr Crestview, FL 3.0 1.5 1008 $1,400 $1.39 139d 1 0.89mi
2942 Sholtz Ave Crestview, FL 3.0 2.0 1266 $1,600 $1.26 139d 1 0.92mi
107 Hampton Dr Crestview, FL 2.0 1.5 972 $1,300 $1.34 117d 1 0.96mi
2955 Sholtz Ave Crestview, FL 3.0 2.0 1144 $1,600 $1.40 6d 1 0.98mi
122 Hampton Dr Crestview, FL 2.0 1.5 1080 $1,195 $1.11 139d 1 1.01mi
122 Hampton Dr Unit 1 Crestview, FL 2.0 2.0 1080 $1,195 $1.11 139d 1 1.01mi
124 Hampton Dr Crestview, FL 2.0 1.5 952 $1,195 $1.26 117d 1 1.01mi
124 Hampton Dr Unit 1 Crestview, FL 2.0 1.5 952 $1,195 $1.26 139d 1 1.01mi
407 E Field Ave Crestview, FL 3.0 2.0 1252 $1,700 $1.36 6d 1 1.08mi
398 N Spring St Crestview, FL 2.0 1.0 1200 $1,300 $1.08 139d 1 1.09mi
131 Adkinson Dr Crestview, FL 4.0 1.0 1332 $1,750 $1.31 109d 1 1.11mi
271 Bracewell St Crestview, FL 2.0 2.0 1140 $1,500 $1.32 6d 1 1.14mi
305 Seclusion Blvd Crestview, FL 4.0 2.0 1244 $1,725 $1.39 6d 1 1.20mi
292 Holland St Crestview, FL 2.0 1.0 964 $1,195 $1.24 6d 1 1.23mi
257 Lindberg St Crestview, FL 2.0 1.0 832 $1,100 $1.32 139d 1 1.30mi
237 Lindberg St Crestview, FL 2.0 1.0 832 $1,300 $1.56 6d 1 1.31mi
401 S Booker St Crestview, FL 3.0 1.5 1040 $1,225 $1.18 139d 1 1.35mi
503 W Griffith Ave Crestview, FL 3.0 1.0 962 $1,395 $1.45 139d 1 1.38mi
816 W Walnut Ave Crestview, FL 3.0 2.0 1297 $1,595 $1.23 139d 1 1.45mi
812 E Edney Ave Crestview, FL 2.0 2.0 1024 $1,400 $1.37 117d 1 1.47mi
812 E Edney Ave Crestview, FL 2.0 2.0 1024 $1,400 $1.37 140d 1 1.47mi
132 Cabana Way Crestview, FL 3.0 2.0 1408 $1,750 $1.24 109d 1 1.49mi

Property features AI

Finance

Other
Lot approximately 0.15 acre with paved road accessZoned for single-family residential
Financial info
Tax information provided but excluded per instructions
HOA & community
Subdivision: Cottages at Crestview

Exterior

Parking
Parking details not provided
Security
Security details not provided
Utilities
Public waterPublic sewerElectric water heater
Home design
Ranch-style home1 storyFacing information not provided
Construction
Vinyl sidingBuilt in 2026Building area recorded from building plan
Exterior features
Front porch

Interior

Kitchen
DishwasherMicrowaveRange hoodElectric water heater
Bedrooms
3 bedroomsPrimary bedroom on the first floor
Flooring
Vinyl flooringCarpet
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingElectric heat controls
Interior features
Washer/dryer hookupDouble pane windows
Laundry & utility
Washer/dryer hookup

Listing history 50 events

  1. 2026-09-24
    days on market $209,990 Active 82 DOM
  2. 2026-09-24
    days on market $209,990 Active 81 DOM
  3. 2026-09-22
    pricedays on market $209,990 Active 80 DOM
  4. 2026-09-21
    days on market $214,990 Active 79 DOM
  5. 2026-09-20
    days on market $214,990 Active 78 DOM
  6. 2026-09-19
    days on market $214,990 Active 77 DOM
  7. 2026-09-18
    days on market $214,990 Active 76 DOM
  8. 2026-09-17
    days on market $214,990 Active 75 DOM
  9. 2026-09-16
    days on market $214,990 Active 74 DOM
  10. 2026-09-15
    days on market $214,990 Active 73 DOM
  11. 2026-09-14
    days on market $214,990 Active 72 DOM
  12. 2026-09-13
    days on market $214,990 Active 71 DOM
  13. 2026-09-12
    days on market $214,990 Active 70 DOM
  14. 2026-09-11
    pricedays on market $214,990 Active 69 DOM
  15. 2026-09-05
    days on market $195,888 Active 63 DOM
  16. 2026-09-04
    price $195,888 Active 62 DOM
  17. 2026-09-04
    days on market $199,888 Active 62 DOM
  18. 2026-09-03
    statusdays on market $199,888 Active 61 DOM
  19. 2026-08-03
    statusdays on market $199,888 Pending 60 DOM
  20. 2026-07-31
    days on market $199,888 Active 57 DOM
  21. 2026-07-30
    days on market $199,888 Active 56 DOM
  22. 2026-07-29
    days on market $199,888 Active 55 DOM
  23. 2026-07-27
    days on market $199,888 Active 53 DOM
  24. 2026-07-25
    days on market $199,888 Active 51 DOM
  25. 2026-07-24
    days on market $199,888 Active 50 DOM
  26. 2026-07-23
    days on market $199,888 Active 49 DOM
  27. 2026-07-22
    days on market $199,888 Active 48 DOM
  28. 2026-07-21
    days on market $199,888 Active 47 DOM
  29. 2026-07-18
    days on market $199,888 Active 44 DOM
  30. 2026-07-16
    days on market $199,888 Active 42 DOM
  31. 2026-07-16
    days on market $199,888 Active 41 DOM
  32. 2026-07-14
    days on market $199,888 Active 40 DOM
  33. 2026-07-13
    days on market $199,888 Active 39 DOM
  34. 2026-07-12
    days on market $199,888 Active 38 DOM
  35. 2026-07-11
    days on market $199,888 Active 37 DOM
  36. 2026-07-10
    days on market $199,888 Active 36 DOM
  37. 2026-07-09
    days on market $199,888 Active 35 DOM
  38. 2026-07-08
    days on market $199,888 Active 34 DOM
  39. 2026-07-07
    days on market $199,888 Active 33 DOM
    Show marketing remark (26 chars)

    3 bed | 2 bath | 1114 sqft

  40. 2026-07-06
    days on market $199,888 Active 32 DOM
  41. 2026-07-05
    days on market $199,888 Active 31 DOM
  42. 2026-07-04
    days on market $199,888 Active 30 DOM
  43. 2026-07-03
    days on market $199,888 Active 29 DOM
  44. 2026-07-02
    days on market $199,888 Active 28 DOM
  45. 2026-07-01
    days on market $199,888 Active 27 DOM
  46. 2026-06-30
    days on market $199,888 Active 26 DOM
  47. 2026-06-29
    days on market $199,888 Active 25 DOM
  48. 2026-06-28
    days on market $199,888 Active 24 DOM
  49. 2026-06-28
    days on market $199,888 Active 23 DOM
  50. 2026-06-27
    days on market $199,888 Active 22 DOM

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 19 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,702
− Mortgage interest
−$11,763
− Property taxes
−$3,150
− Insurance
−$1,050
− Repairs & maintenance
−$1,576
− Management
−$1,576
− Depreciation
−$6,109
Taxable loss
−$5,522
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,325
After-tax cash flow
$-525/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.

Condition & rehab AI · 2 photos

Excellent 95/100 None rehab

This single-story home in Crestview is in excellent condition with no visible repairs needed. It offers a good return on investment with updates that can further enhance its resale and rental value.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value.
  • Both Replace low-E windows with energy-efficient glass — Improves energy efficiency and aesthetics.
  • Both Install smart home automation — Enhances comfort and energy savings, attracting buyers and renters alike.
D Composite school gradezoned avg 56/100

Zoned Schools

Elementary Northwood Elementary School B- FL #690/2,144 Nat'l #7,252/41,679 Middle Davidson Middle School B FL #157/571 Nat'l #2,146/14,009 High Crestview High School D+ FL #167/667 Nat'l #5,269/17,239

Schools (NCES district)

District
Okaloosa
NCES district ID
1201380
Math proficiency
60% ▼ -12.00%
Reading proficiency
60% ▼ -4.00%
Median HH income
$55,601
Composite
51.62/100
National rank
#1705
State rank
#12 of 73 in FL
B Composite livability gradescore 75/100

Livability — Crestview

Score
75/100
State rank
#252
US rank
#3858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Crestview, FL
County
Okaloosa County · 235,133 people
City population
58,889
Metro
Crestview-Fort Walton Beach-Destin, FL
Population (ZIP)
33,290
Household income
$74,369
Rent vs Own
21.7% rent · 78.3% own
Severe rent burden
16% of renters

Population outlook (Okaloosa County) Hauer SSP2

Today (2025)
235,133 people
By 2030
253,483 · +7.8%
By 2040
289,537 · +23.1%
By 2050
322,954 · +37.3%
By 2075
399,624 · +70.0%
By 2100
425,311 · +80.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Black 12% Two or more races 8% Hispanic / Latino 7% Asian 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Lithuanian 4% Iranian 2% Romanian 2%
Foreign-born
3% · Canada
Languages at home
94% English-only · Spanish 3% Russian/Polish/Slavic 1% Other Asian/Pacific 1%

Political lean MEDSL · Okaloosa

2024 margin
Solid R (+42.4) · D 28.2% · R 70.7% · Other 1.1%
2008→2024 swing
+2.5pp toward D · 2008: -44.9pp · 2024: -42.4pp
All cycles
2024: R+42.4 2020: R+39.1 2016: R+47.8 2012: R+49.4 2008: R+44.9

Not yet ingested

Civics

Price history

-13.1% since first listed
11 events — show timeline
  • 2026-07-07 Relisted Zillow
  • 2026-06-25 Delisted Zillow
  • 2026-06-23 Price Changed $199,888 ECAR
  • 2026-06-23 Price Changed $199,888 Zillow
  • 2026-06-16 Price Changed $209,888 ECAR
  • 2026-06-16 Price Changed $209,888 Zillow
  • 2026-06-09 Price Changed $214,888 ECAR
  • 2026-06-09 Price Changed $214,888 Zillow
  • 2026-06-05 Listed $229,990 Zillow
  • 2026-06-04 Relisted ECAR
  • 2026-06-04 Price Changed $229,990 ECAR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…