279 E Tiger Lily Ln · DeFuniak Springs, FL 32433

$204,990

3 bd · 2.0 ba · 1,114 sqft · SingleFamily · 59 Days on market

Built 2026 Excellent condition 10,018 sqft lot Est $201k · at est.

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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 +13.2/30.0
• Appreciation +10.0/10.0
• ARV discount +6.5/15.0
• Schools +5.2/10.0
• Condition / age +4.8/5.0
• DSCR +4.0/10.0
• 1% rule +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

4 bed | 2 bath | 1114 sqft

Key facts

• Quartz countertops
• Open design
• Mossy head community

Tags

• SINGLE-STORY HOME
• MOSSY HEAD COMMUNITY
• OPEN DESIGN
• GORGEOUS CABINETS
• QUARTZ COUNTERTOPS
• STAINLESS-STEEL APPLIANCES

Property features AI

Finance

• HOA & community: Subdivision: Mossy Head

Exterior

• Utilities: Public water; Septic tank; Electric water heater
• Home design: Ranch style; 1 story; Entry level: first floor
• Construction: Vinyl siding; Built in 2026
• Exterior features: Paved road access; Paved road surface; Lot dimensions 125 x 80; Zoned for single-family residential

Interior

• Kitchen: Kitchen on the first floor; Dishwasher; Microwave
• Bedrooms: 3 bedrooms; Master bedroom on the first floor
• Flooring: Vinyl flooring; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Electric heat controls
• Interior features: Washer/dryer hookup; Double pane windows
• Laundry & utility: Washer/dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-3 ($-32/yr) — negative.
• To cash-flow at today's rent, offer at most $205k (0.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (12.7% below list).
• Recommended offer: $179k (12.7% below list) — sets the bar for 1% rule.
• Cap rate 6.3% 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: 423 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 41% 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 $22k 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 $57k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,984 (12.7% 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 59 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.87% ✗
• Cap rate: 6.28%
• Cash-on-cash: -0.06%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $200,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
135 E Tiger Lily Ln	0.15mi	3/2.0	1,114 (0%)	2mo	$179,888	$161	91
224 E Iris Ln	0.14mi	3/2.0	1,165 (+5%)	1mo	$209,000	$179	85
390 E Iris Ln	0.25mi	3/2.0	1,114 (0%)	9mo	$199,990	$180	81
624 Tiger Lily Ln	0.37mi	3/2.0	1,114 (0%)	9mo	$199,990	$180	75
1623 Trout Dr	0.55mi	3/2.0	1,114 (0%)	1mo	$179,888	$161	74
344 Marigold Ave	0.14mi	3/2.0	1,200 (+8%)	10mo	$229,000	$191	72
111 Girl Scout Rd	0.71mi	3/2.0	1,114 (0%)	2mo	$199,990	$180	65
1643 Trout Dr	0.62mi	3/2.0	1,114 (0%)	11mo	$204,990	$184	62
82 E Daisy Ln	0.34mi	3/1.0	975 (-12%)	0mo	$139,990	$144	59
969 Walden Rd	0.59mi	2/2.0 (-1)	1,152 (+3%)	8mo	$200,990	$174	55
675 Passion Flower St	0.72mi	3/2.0	1,145 (+3%)	10mo	$224,000	$196	53
114 W May Lilly Ct	0.61mi	3/1.0	1,028 (-8%)	5mo	$169,000	$164	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: 24.2%
• Equity multiple: 2.94×
• Total profit: $111,500
• Equity at exit: $184,671

10-year hold

• IRR: 21.5%
• Equity multiple: 6.72×
• Total profit: $328,537
• Equity at exit: $398,250

Cash invested: $57,397 (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: 9.5×

Monthly cashflow live

• Estimated rent: $1,790 medium
• Mortgage (P&I): −$1,075
• Tax est. 1.5%: −$256 /mo · $3,075/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $-3

Break-even live

Break-even rent $1,793

Max offer price $204,604

Occupancy floor 95%

Sensitivity live

Price	-10% $139	-5% $68	+0% $-3	+5% $-73	+10% $-144
Rent	-10% $-144	-5% $-73	+0% $-3	+5% $68	+10% $139
Rate	-1.0pp $101	-0.5pp $49	base $-3	+0.5pp $-56	+1.0pp $-110

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: $51,248
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
135 Tiger Lily Ln Defuniak Springs, FL	3.0	2.0	1114	$1,795	$1.61	14d	1	0.13mi
71 Lafavre Ln Defuniak Springs, FL	2.0	1.0	806	$1,650	$2.05	22d	1	0.47mi
150 Hibiscus Ave Defuniak Springs, FL	3.0	2.0	1256	$1,950	$1.55	22d	1	0.86mi

Listing history 19 events

1. 2026-06-21
   days on market $204,990 Active 59 DOM
2. 2026-06-18
   days on market $204,990 Active 56 DOM
3. 2026-06-17
   days on market $204,990 Active 55 DOM
4. 2026-06-16
   days on market $204,990 Active 54 DOM
5. 2026-06-15
   days on market $204,990 Active 53 DOM
6. 2026-06-14
   days on market $204,990 Active 51 DOM
7. 2026-06-13
   days on market $204,990 Active 50 DOM
8. 2026-06-10
   days on market $204,990 Active 48 DOM
9. 2026-06-09
   days on market $204,990 Active 47 DOM
10. 2026-06-08
    days on market $204,990 Active 46 DOM
11. 2026-06-07
    days on market $204,990 Active 45 DOM
12. 2026-06-05
    days on market $204,990 Active 42 DOM
13. 2026-06-03
    days on market $204,990 Active 41 DOM
14. 2026-06-03
    days on market $204,990 Active 40 DOM
15. 2026-06-01
    days on market $204,990 Active 39 DOM
16. 2026-05-31
    days on market $204,990 Active 38 DOM
17. 2026-05-30
    days on market $204,990 Active 37 DOM
18. 2026-04-29
    listed $204,990 Active 26-char remark

    Show marketing remark (26 chars)

    4 bed | 2 bath | 1114 sqft

19. 2026-04-23
    listed $204,990 Active

ⓘ 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 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: $21,478
• − Mortgage interest: −$11,483
• − Property taxes: −$3,075
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,718
• − Management: −$1,718
• − Depreciation: −$5,963
• Taxable loss: −$3,504
• Est. tax savings @ 24.0%: +$841
• After-tax cash flow: $809/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 · 12 photos

Excellent 95/100 None rehab

This single-story home in the Mossy Head Community is in excellent condition with modern finishes and energy-efficient features. It is move-in ready and offers a great opportunity for both resale and rental.

Value-add opportunities

• Resale Painting exterior siding — Fresh paint can enhance curb appeal and home value.
• Resale Landscaping improvements — Enhanced landscaping can attract more buyers.
• Both Add smart home features — Smart home features can increase both resale and rental value.
• Resale Upgrade kitchen appliances — Upgrading to more modern or energy-efficient appliances can boost resale value.
• Rental Add smart thermostat — A smart thermostat can improve energy efficiency and attract renters.
• Both Add smart security system — A smart security system can increase both resale and rental value by enhancing safety and convenience.

Renovation cost estimate screening

Value-add ROI direction

• Resale Painting exterior siding — Fresh paint can enhance curb appeal and home value. ↑
• Resale Landscaping improvements — Enhanced landscaping can attract more buyers. ↑
• Both Add smart home features — Smart home features can increase both resale and rental value. ↑
• Resale Upgrade kitchen appliances — Upgrading to more modern or energy-efficient appliances can boost resale value. ↑
• Rental Add smart thermostat — A smart thermostat can improve energy efficiency and attract renters. ↑
• Both Add smart security system — A smart security system can increase both resale and rental value by enhancing safety and convenience. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

+0.0% since first listed

2 events — show timeline

• 2026-04-29 Listed $204,990 Zillow
• 2026-04-23 Listed $204,990 ECAR