65 Sidney Ave · DeFuniak Springs, FL 32433

$285,000

3 bd · 2.0 ba · 1,270 sqft · SingleFamily public records · 64 Days on market

Built 2007 0.30 ac lot Est $226k · 26% over

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Why this score? — see what drove the F 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
• Cash flow +7.5/30.0
• Schools +5.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• 1% rule +1.4/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to your charming oasis at 65 Sidney Ave, Defuniak Springs, FL 32533. This adorable, meticulously cared for home is a rare find. Equipped with a durable metal roof, this property offers both durability and timeless charm. Key features include: Location: Nestled in the heart of Defuniak Springs, this home is conveniently located near schools, shopping, and entertainment, offering the perfect balance of convenience and tranquility. Metal Roof: Enjoy the peace of mind that comes with a durable and long-lasting metal roof, providing years of protection and low maintenance. Meticulously Cared For: This home has been lovingly maintained, ensuring that it is in pristine condition, both inside and out. Offered furnished for an additional $6000 paid outside of closing. Please check document section for list of furnishings being offered. Charming Interior: Step inside to discover a cozy interior filled with character and warmth. From the inviting living spaces to the well-appointed kitchen, every detail has been thoughtfully designed. Spacious Yard: Outside, you'll find a spacious yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine.

Key facts

• Craftsman style home
• Vaulted ceiling
• Walk-in closet

Tags

• CRAFTSMAN STYLE HOME
• VAULTED CEILING
• FULL APPLIANCE PACKAGE
• WALK-IN CLOSET
• EN-SUITE BATH
• FULLY FENCED YARD

Property features AI

Finance

• Other: Resid Single Family zoning

Exterior

• Parking: Attached garage (1 car); Driveway with 3 spaces; Street parking for 3 vehicles
• Security: Smoke detectors
• Utilities: Electric service; Public water; Public sewer; Electric water heater
• Home design: Single-story ranch; Built in 2007; Entry and main living areas on the first floor
• Construction: Vinyl siding; Metal roof; Slab foundation
• Exterior features: Covered porch; Yard building; Privacy fencing; Corner, level lot; Paved county road frontage

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms; Primary bedroom on the first floor with walk-in closet
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms; Primary bathroom with tile
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans; High-efficiency AC; Electric heat controls
• Interior features: Cathedral ceilings; Recessed lighting; Track lighting; Split-bedroom layout; Washer/dryer hookup; Window treatments; Furnished
• Laundry & utility: Washer; Dryer; Washer/dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $285k.

Deal economics

• At list price, monthly cash flow is $-349 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (21.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (35.5% below list).
• Recommended offer: $184k (35.5% 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: Maude Saunders Elementary School (math 58% / reading 52%, grade C, #872 of 2,144 statewide, top 42%, 553 students, 87% FRL); Emerald Coast Middle School (math 70% / reading 65%, grade A-, #77 of 571 statewide, top 14%, 868 students, 24% FRL); Walton High School (math 52% / reading 53%, grade C-, #154 of 667 statewide, top 24%, 856 students, 65% FRL).
• Market conditions: 423 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 2,883 units permitted in Walton County in 2024 (1,322 in 5+ unit buildings).
• This rent runs 42% 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 $30k of equity ($2k loan paydown + $28k 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 ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 19y 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.

Risks & watch-outs

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

Recommended offer $183,810 (35.5% 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. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 36% 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 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.64% ✗
• Cap rate: 4.82%
• Cash-on-cash: -5.25%
• DSCR: 0.77
• GRM: 12.9

CMA / ARV

• ARV (on-the-fly): $226,060
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
51 Spooner St	0.08mi	3/2.0	1,295 (+2%)	1mo	$246,800	$191	92
81 Spooner St	0.43mi	3/2.0	1,295 (+2%)	1mo	$245,000	$189	76
948 Lakeview Dr	0.14mi	3/1.0	1,200 (-6%)	22mo	$125,000	$104	62
145 Timber Wind Dr	0.70mi	3/2.0	1,233 (-3%)	2mo	$200,000	$162	61
481 Timber Wind Dr	0.74mi	3/2.0	1,240 (-2%)	3mo	$250,000	$202	59
480 Timber Wind Dr	0.71mi	3/2.0	1,218 (-4%)	2mo	$225,000	$185	58
329 Timber Wind Dr	0.74mi	3/2.0	1,304 (+3%)	11mo	$225,000	$173	52
179 Timber Wind Dr	0.68mi	3/2.0	1,179 (-7%)	12mo	$210,000	$178	46
97 Timber Wind Dr	0.71mi	3/2.0	1,182 (-7%)	12mo	$225,000	$190	45
140 Orson Dr	0.21mi	4/1.0 (+1)	1,456 (+15%)	15mo	$227,000	$156	44
1155 N 20th St. St	0.74mi	3/1.5	1,400 (+10%)	7mo	$225,000	$161	41
83 Timber Wind Dr	0.72mi	4/2.0 (+1)	1,426 (+12%)	22mo	$242,000	$170	23

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: 20.6%
• Equity multiple: 2.67×
• Total profit: $132,927
• Equity at exit: $256,751

10-year hold

• IRR: 18.7%
• Equity multiple: 6.12×
• Total profit: $408,768
• Equity at exit: $553,692

Cash invested: $79,800 (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: 423
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $1,838 medium
• Mortgage (P&I): −$1,495
• Tax from tax record: −$188 /mo · $2,251/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $-349

Break-even live

Break-even rent $2,280

Max offer price $223,383

Occupancy floor —

Sensitivity live

Price	-10% $-187	-5% $-268	+0% $-349	+5% $-429	+10% $-510
Rent	-10% $-494	-5% $-421	+0% $-349	+5% $-276	+10% $-204
Rate	-1.0pp $-205	-0.5pp $-276	base $-349	+0.5pp $-423	+1.0pp $-498

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
51 Yearling Ct Defuniak Springs, FL	3.0	2.0	1397	$1,895	$1.36	23d	1	1.04mi
51 Yearling Ct Defuniak Springs, FL	3.0	2.0	1397	$1,750	$1.25	15d	1	1.04mi
594 Hunters Ridge Rd Defuniak Springs, FL	3.0	2.0	1654	$1,950	$1.18	15d	1	1.14mi

Listing history 40 events

1. 2026-06-21
   days on market $285,000 Active 64 DOM
2. 2026-06-18
   days on market $285,000 Active 61 DOM
3. 2026-06-17
   days on market $285,000 Active 60 DOM
4. 2026-06-16
   days on market $285,000 Active 59 DOM
5. 2026-06-15
   days on market $285,000 Active 58 DOM
6. 2026-06-14
   days on market $285,000 Active 56 DOM
7. 2026-06-13
   days on market $285,000 Active 55 DOM
8. 2026-06-10
   days on market $285,000 Active 53 DOM
9. 2026-06-09
   days on market $285,000 Active 52 DOM
10. 2026-06-08
    days on market $285,000 Active 51 DOM
11. 2026-06-07
    days on market $285,000 Active 50 DOM
12. 2026-06-05
    days on market $285,000 Active 47 DOM
13. 2026-06-03
    days on market $285,000 Active 46 DOM
14. 2026-06-03
    days on market $285,000 Active 45 DOM
15. 2026-06-01
    days on market $285,000 Active 44 DOM
16. 2026-05-31
    days on market $285,000 Active 43 DOM
17. 2026-05-30
    days on market $285,000 Active 42 DOM
18. 2026-04-30
    price $285,000
19. 2026-04-18
    listed $290,000 Active
20. 2024-07-02
    soldstatus $260,000
21. 2024-07-01
    soldstatus $260,000 Sold 1184-char remark

    Show marketing remark (1184 chars)

    Welcome to your charming oasis at 65 Sidney Ave, Defuniak Springs, FL 32533. This adorable, meticulously cared for home is a rare find. Equipped with a durable metal roof, this property offers both durability and timeless charm. Key features include: Location: Nestled in the heart of Defuniak Springs, this home is conveniently located near schools, shopping, and entertainment, offering the perfect balance of convenience and tranquility. Metal Roof: Enjoy the peace of mind that comes with a durable and long-lasting metal roof, providing years of protection and low maintenance. Meticulously Cared For: This home has been lovingly maintained, ensuring that it is in pristine condition, both inside and out. Offered furnished for an additional $6000 paid outside of closing. Please check document section for list of furnishings being offered. Charming Interior: Step inside to discover a cozy interior filled with character and warmth. From the inviting living spaces to the well-appointed kitchen, every detail has been thoughtfully designed. Spacious Yard: Outside, you'll find a spacious yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine.

22. 2024-06-25
    status Pending 1184-char remark

    Show marketing remark (1184 chars)

    Welcome to your charming oasis at 65 Sidney Ave, Defuniak Springs, FL 32533. This adorable, meticulously cared for home is a rare find. Equipped with a durable metal roof, this property offers both durability and timeless charm. Key features include: Location: Nestled in the heart of Defuniak Springs, this home is conveniently located near schools, shopping, and entertainment, offering the perfect balance of convenience and tranquility. Metal Roof: Enjoy the peace of mind that comes with a durable and long-lasting metal roof, providing years of protection and low maintenance. Meticulously Cared For: This home has been lovingly maintained, ensuring that it is in pristine condition, both inside and out. Offered furnished for an additional $6000 paid outside of closing. Please check document section for list of furnishings being offered. Charming Interior: Step inside to discover a cozy interior filled with character and warmth. From the inviting living spaces to the well-appointed kitchen, every detail has been thoughtfully designed. Spacious Yard: Outside, you'll find a spacious yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine.

23. 2024-06-25
    status Active 1184-char remark

    Show marketing remark (1184 chars)

    Welcome to your charming oasis at 65 Sidney Ave, Defuniak Springs, FL 32533. This adorable, meticulously cared for home is a rare find. Equipped with a durable metal roof, this property offers both durability and timeless charm. Key features include: Location: Nestled in the heart of Defuniak Springs, this home is conveniently located near schools, shopping, and entertainment, offering the perfect balance of convenience and tranquility. Metal Roof: Enjoy the peace of mind that comes with a durable and long-lasting metal roof, providing years of protection and low maintenance. Meticulously Cared For: This home has been lovingly maintained, ensuring that it is in pristine condition, both inside and out. Offered furnished for an additional $6000 paid outside of closing. Please check document section for list of furnishings being offered. Charming Interior: Step inside to discover a cozy interior filled with character and warmth. From the inviting living spaces to the well-appointed kitchen, every detail has been thoughtfully designed. Spacious Yard: Outside, you'll find a spacious yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine.

24. 2024-05-16
    listed $260,000 Active 1184-char remark

    Show marketing remark (1184 chars)

    Welcome to your charming oasis at 65 Sidney Ave, Defuniak Springs, FL 32533. This adorable, meticulously cared for home is a rare find. Equipped with a durable metal roof, this property offers both durability and timeless charm. Key features include: Location: Nestled in the heart of Defuniak Springs, this home is conveniently located near schools, shopping, and entertainment, offering the perfect balance of convenience and tranquility. Metal Roof: Enjoy the peace of mind that comes with a durable and long-lasting metal roof, providing years of protection and low maintenance. Meticulously Cared For: This home has been lovingly maintained, ensuring that it is in pristine condition, both inside and out. Offered furnished for an additional $6000 paid outside of closing. Please check document section for list of furnishings being offered. Charming Interior: Step inside to discover a cozy interior filled with character and warmth. From the inviting living spaces to the well-appointed kitchen, every detail has been thoughtfully designed. Spacious Yard: Outside, you'll find a spacious yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine.

25. 2024-02-14
    listed $269,000 Active
26. 2023-09-03
    listed $269,000 Active
27. 2020-08-10
    soldstatus $141,500
28. 2020-08-10
    soldstatus $141,500 Sold
29. 2020-08-10
    soldstatus $141,500
30. 2020-07-28
    status Pending
31. 2020-07-25
    listed $139,900 Active
32. 2020-07-25
    listed $139,900
33. 2012-08-15
    soldstatus $83,000
34. 2012-08-15
    soldstatus $83,000
35. 2012-07-03
    listed $97,000
36. 2007-01-24
    soldstatus $162,000
37. 2007-01-24
    soldstatus $162,000
38. 2007-01-24
    soldstatus $162,000
39. 2007-01-23
    listed $162,000
40. 2007-01-23
    listed $162,000

ⓘ 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: $2,251 · $188/mo
• Projected year-2 tax: $2,366 · $197/mo
• Expected delta: +$115/yr (+$10/mo · 5.1%)

ⓘ 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 · 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: $22,057
• − Mortgage interest: −$15,964
• − Property taxes: −$2,251
• − Insurance: −$1,425
• − Repairs & maintenance: −$1,765
• − Management: −$1,765
• − Depreciation: −$8,291
• Taxable loss: −$9,403
• Est. tax savings @ 24.0%: +$2,257
• After-tax cash flow: $-1,929/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

• Census place: DeFuniak Springs, FL
• 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

+75.9% since first listed

23 events — show timeline

• 2026-04-30 Price Changed $285,000 ECAR
• 2026-04-18 Listed $290,000 ECAR
• 2024-07-02 Sold (Public Records) $260,000 Public Records
• 2024-07-01 Sold (MLS) $260,000 ECAR
• 2024-06-25 Pending — ECAR
• 2024-06-25 Relisted — ECAR
• 2024-05-16 Listed $260,000 ECAR
• 2024-02-14 Listed $269,000 ECAR
• 2023-09-03 Listed $269,000 ECAR
• 2020-08-10 Sold (Public Records) $141,500 Public Records
• 2020-08-10 Sold (MLS) $141,500 ECAR
• 2020-08-10 Sold (MLS) $141,500 NAMLS
• 2020-07-28 Pending — ECAR
• 2020-07-25 Listed $139,900 ECAR
• 2020-07-25 Listed $139,900 NAMLS
• 2012-08-15 Sold (MLS) $83,000 ECAR
• 2012-08-15 Sold (MLS) $83,000 NAMLS
• 2012-07-03 Listed $97,000 NAMLS
• 2007-01-24 Sold (Public Records) $162,000 Public Records
• 2007-01-24 Sold (MLS) $162,000 ECAR
• 2007-01-24 Sold (MLS) $162,000 NAMLS
• 2007-01-23 Listed $162,000 ECAR
• 2007-01-23 Listed $162,000 NAMLS

Property tax history

+16.9%/yr

Latest (2025): $2,251 · +492.6% YoY. Source: county tax records.