2008 Juniper Lake Rd · DeFuniak Springs, FL 32433

$262,000

3 bd · 2.0 ba · 1,146 sqft · SingleFamily public records · 20 Days on market

Built 1983 0.41 ac lot

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +7.4/30.0
• Schools +5.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• 1% rule +1.1/10.0

Listing remarks MLS

Renovated 3 bedroom and 2 bath home located only minutes to the boat launch at Lake Juniper and downtown Defuniak Springs, FL. This 1146 sq foot home features a new roof, new HVAC and new hot water heater! Insurance will not be an issue on this home! The kitchen features new, white, shaker cabinetry with brushed nickel hardware, tiled back splash, new countertops, sink and faucet! The appliances include a slide in electric stove and top and bottom mount 18 cubic foot refrigerator. There is a window over the sink that has a great view of the large back yard! This home sits on a .46 acre lot! All the interior lighting has been updated, there are new raised panel doors, new 2 inch vinyl blinds, newly tiled and luxury vinyl plank flooring. Bathrooms have many updates and include a new tub and shower surround, frameless glass sliding door, new faucets and fixtures, new vanity, lighting, and bath hardware. There is also a walk in shower and large single vanity in the ensuite primary bathroom. The home also features a one car garage, front covered patio and back open paver patio! This lot is beautiful and there is plenty of room for boats, trailers, and Rvs. This home has been a successful rental property and makes a great short or long term rental! Buyer to verify all dimensions and information.

Key facts

• Quiet area
• Juniper lake
• 0.41 acre lot

Tags

• QUIET AREA
• NORTH DEFUNIAK SPRINGS
• JUNIPER LAKE
• CONVENIENT ACCESS TO SHOPPING
• CONVENIENT ACCESS TO DINING

Property features AI

Finance

• HOA & community: Located in the Juniper Lake Road subdivision

Exterior

• Parking: Attached covered carport (1 carport space)
• Utilities: Electric service; Public water; Septic tank
• Home design: Ranch-style single-story home; Built in 1983
• Construction: 1 story
• Exterior features: Paved road access; Paved road surface; Lot dimensions approximately 110 x 190; Lot about 0.41 acre; Zoned for single-family residential

Interior

• Kitchen: Refrigerator included
• Bedrooms: 3 bedrooms (all on the first floor)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Ceiling fans; High-efficiency AC
• Interior features: 8 total rooms; Living room on the first floor; Kitchen on the first floor
• Laundry & utility: Laundry room on the first floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $262k.

Deal economics

• At list price, monthly cash flow is $-339 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $202k (22.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (39.5% below list).
• Recommended offer: $159k (39.5% below list) — sets the bar for 1% rule.

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: West Defuniak Elementary School (math 67% / reading 57%, grade B, #608 of 2,144 statewide, top 29%, 669 students, 69% FRL); Walton High School (math 52% / reading 53%, grade C-, #154 of 667 statewide, top 24%, 856 students, 65% FRL) — zoned schools average 67% FRL vs 48% district-wide (19 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 36% 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 $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• Walton County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $211k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $158,594 (39.5% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.61% ✗
• Cap rate: 4.74%
• Cash-on-cash: -5.55%
• DSCR: 0.75
• GRM: 13.8

CMA / ARV

• ARV (on-the-fly): $155,856
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
93 Windham Way	0.10mi	3/2.0	1,100 (-4%)	3mo	$149,900	$136	86

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: 20.3%
• Equity multiple: 2.65×
• Total profit: $120,977
• Equity at exit: $236,030

10-year hold

• IRR: 18.5%
• Equity multiple: 6.08×
• Total profit: $373,029
• Equity at exit: $509,008

Cash invested: $73,360 (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: 13.8×

Monthly cashflow live

• Estimated rent: $1,586 medium
• Mortgage (P&I): −$1,374
• Tax from tax record: −$109 /mo · $1,308/yr
• Insurance: −$109
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $-339

Break-even live

Break-even rent $2,015

Max offer price $202,078

Occupancy floor —

Sensitivity live

Price	-10% $-191	-5% $-265	+0% $-339	+5% $-413	+10% $-488
Rent	-10% $-464	-5% $-402	+0% $-339	+5% $-277	+10% $-214
Rate	-1.0pp $-207	-0.5pp $-273	base $-339	+0.5pp $-407	+1.0pp $-476

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: $65,500
• Closing costs: $7,860
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
116 Blue Gill Loop Defuniak Springs, FL	2.0	1.0	790	$1,200	$1.52	14d	1	0.29mi
143 Joe Anderson Rd Defuniak Springs, FL	3.0	2.0	1216	$1,625	$1.34	14d	1	0.54mi

Listing history 17 events

1. 2026-06-18
   days on market $262,000 Active 20 DOM
2. 2026-06-17
   days on market $262,000 Active 19 DOM
3. 2026-06-16
   days on market $262,000 Active 18 DOM
4. 2026-06-15
   days on market $262,000 Active 17 DOM
5. 2026-06-14
   days on market $262,000 Active 15 DOM
6. 2026-06-13
   days on market $262,000 Active 14 DOM
7. 2026-06-10
   days on market $262,000 Active 12 DOM
8. 2026-06-09
   days on market $262,000 Active 11 DOM
9. 2026-06-08
   days on market $262,000 Active 10 DOM
10. 2026-06-07
    days on market $262,000 Active 9 DOM
11. 2026-06-05
    days on market $262,000 Active 6 DOM
12. 2026-06-03
    days on market $262,000 Active 5 DOM
13. 2026-06-02
    days on market $262,000 Active 4 DOM
14. 2026-06-01
    days on market $262,000 Active 3 DOM
15. 2026-05-31
    days on market $262,000 Active 2 DOM
16. 2026-05-30
    remarks 222-char remark
17. 2026-05-30
    listed $262,000 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: $1,308 · $109/mo
• Projected year-2 tax: $2,175 · $181/mo
• Expected delta: +$867/yr (+$72/mo · 66.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 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: $19,031
• − Mortgage interest: −$14,676
• − Property taxes: −$1,308
• − Insurance: −$1,310
• − Repairs & maintenance: −$1,523
• − Management: −$1,523
• − Depreciation: −$7,622
• Taxable loss: −$8,929
• Est. tax savings @ 24.0%: +$2,143
• After-tax cash flow: $-1,927/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

+376.4% since first listed

23 events — show timeline

• 2026-05-28 Listed $262,000 ECAR
• 2024-08-21 Sold (Public Records) $211,000 Public Records
• 2024-08-20 Sold (MLS) $211,000 ECAR
• 2024-07-14 Listed $219,900 ECAR
• 2024-05-27 Price Changed $220,000 ECAR
• 2024-05-06 Price Changed $238,000 ECAR
• 2024-04-15 Price Changed $265,000 ECAR
• 2024-04-15 Relisted — ECAR
• 2023-11-17 Relisted — ECAR
• 2023-10-04 Price Changed $249,900 ECAR
• 2023-07-22 Price Changed $254,900 ECAR
• 2023-06-09 Price Changed $275,000 ECAR
• 2023-04-14 Listed $295,000 ECAR
• 2022-04-29 Sold (Public Records) $170,000 Public Records
• 2022-04-29 Sold (MLS) $170,000 NAMLS
• 2022-04-29 Sold (MLS) $170,000 ECAR
• 2022-04-21 Pending — NAMLS
• 2022-04-21 Pending — ECAR
• 2022-04-13 Listed $192,500 ECAR
• 2022-04-13 Listed $192,500 NAMLS
• 1999-11-07 Sold (MLS) $59,950 ECAR
• 1999-10-08 Sold (Public Records) $60,000 Public Records
• 1999-04-02 Listed $55,000 ECAR

Property tax history

+7.8%/yr

Latest (2025): $1,308 · +38.6% YoY. Source: county tax records.