212 W Juniper Ave · DeFuniak Springs, FL 32433

$199,000

3 bd · 2.0 ba · 1,512 sqft · Manufactured public records · 10 Days on market

Built 2022 9,583 sqft lot Est $189k · 5% over

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Why this score? — see what drove the C 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 +19.7/30.0
• Appreciation +10.0/10.0
• DSCR +6.2/10.0
• Schools +5.2/10.0
• ARV discount +5.1/15.0
• 1% rule +4.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

BRAND NEW & MOVE IN READY Nestled in the heart of Mossy Head this BRAND NEW 3 -bedroom , 2 -bathroom home offers a perfect blend of comfort and charm. Boasting large wooden decks on both the front and back of the home, a fenced backyard, and freshly laid sod, this home is ready to go. This property provides an inviting outdoor oasis where you can easily entertain friends and family, while 4 dedicated parking spaces ensure convenience for all.

Key facts

• Built in 2022
• Inspection ready
• Fenced backyard

Tags

• LARGE WOODEN DECKS
• FENCED BACKYARD
• DEDICATED PARKING SPACES
• BUILT IN 2022
• INSPECTION READY

Property features AI

Finance

• HOA & community: Located in the Oakwood Hills subdivision

Exterior

• Parking: Driveway with space for 4 vehicles
• Utilities: Electric service; Public water; Septic tank; Tap fee paid
• Home design: Mobile home style; Single-story; Built in 2022; Facing direction not specified
• Construction: Shingle roof; Pitched roof; Vinyl siding and trim; Cement fiberboard siding
• Exterior features: Privacy fencing; Porch; Survey available; Road frontage on a county road (dirt/clay road access)

Interior

• Kitchen: Dishwasher; Range hood; Refrigerator
• Bedrooms: 3 bedrooms; Primary bedroom on the first floor with walk-in closet and double vanity; All bedrooms located on the first floor
• Flooring: Vinyl flooring; Carpet
• Bathrooms: 2 full bathrooms; Primary bathroom with shower and double vanity
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Kitchen island
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $233 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (7.0% below list).
• Recommended offer: $185k (7.0% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 4.8% in DeFuniak Springs — 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 64/100 on livability (#694 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime D, amenities F.
• Walton (rural): math 62% / reading 61% proficiency, ranked #10 of 73 in FL (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Mossy Head School (math 72% / reading 57%, grade B, #525 of 2,144 statewide, top 26%, 439 students, 86% FRL); Walton High School (math 52% / reading 53%, grade C-, #154 of 667 statewide, top 24%, 856 students, 65% FRL) — zoned schools average 75% FRL vs 48% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 422 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,883 units permitted in Walton County in 2024 (1,322 in 5+ unit buildings).
• This rent runs 43% of the median local income ($52k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
• Walton County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $21k (10%) 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; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $185,141 (7.0% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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.
5. 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.
6. 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: 0.93% ✗
• Cap rate: 7.70%
• Cash-on-cash: 5.01%
• DSCR: 1.22
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $189,000
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
40 E Poinsetta Ave	0.37mi	3/2.0	1,475 (-2%)	7mo	$225,000	$153	72
350 W Dogwood Ave	0.15mi	3/2.0	1,320 (-13%)	7mo	$165,000	$125	66
249 Willow Bend Dr	0.62mi	3/2.0	1,498 (-1%)	8mo	$185,000	$123	63
130 E Dogwood Ave	0.36mi	3/2.0	1,456 (-4%)	19mo	$204,900	$141	61
524 E Tiger Lily Ln	0.63mi	4/2.0 (+1)	1,480 (-2%)	3mo	$192,000	$130	60
275 E Violet Ln	0.35mi	4/2.0 (+1)	1,400 (-7%)	10mo	$130,000	$93	57
216 Girl Scout Rd	0.47mi	4/2.0 (+1)	1,475 (-2%)	20mo	$178,000	$121	52
236 Laurel Dr	0.58mi	3/2.0	1,344 (-11%)	6mo	$60,000	$45	50

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.9%
• Equity multiple: 3.21×
• Total profit: $123,138
• Equity at exit: $179,275

10-year hold

• IRR: 24.3%
• Equity multiple: 7.30×
• Total profit: $350,846
• Equity at exit: $386,613

Cash invested: $55,720 (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 32433

• Home prices YoY: 4.2%
• Active inventory: 422
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,851 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$103 /mo · $1,241/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $233

Break-even live

Break-even rent $1,557

Max offer price $199,000

Occupancy floor 82%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
150 Hibiscus Ave Defuniak Springs, FL	3.0	2.0	1256	$1,950	$1.55	20d	1	0.33mi
135 Tiger Lily Ln Defuniak Springs, FL	3.0	2.0	1114	$1,795	$1.61	13d	1	0.87mi

Listing history 10 events

1. 2026-06-18
   days on market $199,000 Active 10 DOM
2. 2026-06-17
   days on market $199,000 Active 9 DOM
3. 2026-06-16
   days on market $199,000 Active 8 DOM
4. 2026-06-15
   pricedays on market $199,000 Active 7 DOM
5. 2026-06-14
   remarks 695-char remark
6. 2026-06-14
   days on market $220,000 Active 5 DOM
7. 2026-06-13
   days on market $220,000 Active 4 DOM
8. 2026-06-10
   days on market $220,000 Active 2 DOM
9. 2026-06-09
   remarks 686-char remark
10. 2026-06-09
    listed $220,000 Active 1 DOM

ⓘ 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: $1,241 · $103/mo
• Projected year-2 tax: $1,652 · $138/mo
• Expected delta: +$410/yr (+$34/mo · 33.1%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,217
• − Mortgage interest: −$11,147
• − Property taxes: −$1,241
• − Insurance: −$995
• − Repairs & maintenance: −$1,777
• − Management: −$1,777
• − Depreciation: −$5,789
• Taxable loss: −$510
• Est. tax savings @ 24.0%: +$122
• After-tax cash flow: $2,915/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: Walton
• NCES district ID: 1201980
• Math proficiency: 62% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $46,794
• Composite: 52.03/100
• National rank: #1634
• State rank: #10 of 73 in FL

Livability — DeFuniak Springs

• Score: 64/100
• State rank: #694
• US rank: #14475

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Walton County · 70,839 people
• City population: 19,746
• Metro: Crestview-Fort Walton Beach-Destin, FL
• Population (ZIP): 19,746
• Household income: $52,199
• Rent vs Own: 25.4% rent · 74.6% own
• Severe rent burden: 356.0

Population outlook (Walton County) Hauer SSP2

• Today (2025): 80,014 people
• By 2030: 88,120 · +10.1%
• By 2040: 103,537 · +29.4%
• By 2050: 117,034 · +46.3%
• By 2075: 143,901 · +79.8%
• By 2100: 155,138 · +93.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 10% Hispanic / Latino 8% Two or more races 7% Native American 1%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Walton

• 2024 margin: Solid R (+57.8) · D 20.7% · R 78.6%
• 2008→2024 swing: -12.0pp toward R · 2008: -45.8pp · 2024: -57.8pp
• All cycles: 2024: R+57.8 2020: R+51.7 2016: R+56.1 2012: R+52.0 2008: R+45.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.77%
• Current HPI: 367.046
• Rent YoY: —
• Metro: Crestview-Fort Walton Beach-Destin, 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

+587.5% since first listed

5 events — show timeline

• 2026-06-02 Listed $220,000 ECAR
• 2023-11-22 Sold (Public Records) $210,000 Public Records
• 2023-11-02 Sold (MLS) $210,000 ECAR
• 2023-09-22 Listed $219,900 ECAR
• 2005-12-27 Sold (Public Records) $32,000 Public Records

Property tax history

+65.3%/yr

Latest (2025): $1,241 · -13.8% YoY. Source: county tax records.