1847 Pointed Leaf Ln · Wright, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +13.9/30.0
- Schools +5.2/10.0
- ARV discount +5.1/15.0
- DSCR +4.2/10.0
- Livability +4.0/5.0
- 1% rule +3.1/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$243,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Are you ready to be home? This roomy 3-bedroom, 2.5-bath townhome is move-in ready and designed for comfortable living. The bright, open floor plan connects the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The kitchen offers ample cabinet and counter space, making everyday living easy. Upstairs, the spacious primary suite features a private ensuite bath and generous closet space, while two additional bedrooms provide flexibility for guests, family, or a home office. A convenient half bath is located on the main level. Well maintained and ready for its next owner, this townhome offers the perfect combination of space, comfort, and low-maintenance living.
Key facts
- 2 parking spots
- Built 1999
- Listed 105 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath townhouse listed at $243k.
Deal economics
- At list price, monthly cash flow is $25 ($299/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 $196k (19.1% below list).
- Recommended offer: $196k (19.1% below list) — sets the bar for 1% rule.
- Cap rate 6.4% vs local median 4.2% in Wright — 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 80/100 on livability (#117 in FL, #1,790 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, amenities 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.
- Market conditions: Rents soft (-0.1%/yr); 232 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,268 units permitted in Okaloosa County in 2024 (175 in 5+ unit buildings).
- This rent runs 33% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 105 days — a 9% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 28y ago; this cycle's ask has dropped $17k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $193k; 26% 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; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 105 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 6.42%
- Cash-on-cash
- 0.44%
- DSCR
- 1.02
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $230,770
- List price
- $243,000
- Delta
- 5.30%
- 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 |
|---|---|---|---|---|---|---|---|
| 1845 Pointed Leaf Ln | 0.00mi | 3/2.5 | 1,496 (0%) | 6mo | $238,500 | $159 | 93 |
| 1823 Pointed Leaf Ln | 0.06mi | 3/2.5 | 1,467 (-2%) | 1mo | $235,000 | $160 | 91 |
| 1815 Pointed Leaf Ln | 0.08mi | 3/2.5 | 1,540 (+3%) | 1mo | $179,000 | $116 | 88 |
| 1838 Whispering Oaks Ln Ln | 0.16mi | 3/2.5 | 1,459 (-2%) | 0mo | $232,000 | $159 | 86 |
| 1832 Pointed Leaf Ln #1832 | 0.05mi | 3/2.5 | 1,404 (-6%) | 2mo | $238,000 | $170 | 84 |
| 1819 Stable Ln | 0.18mi | 3/2.5 | 1,428 (-4%) | 5mo | $300,000 | $210 | 78 |
| 1810 Pointed Leaf Ln | 0.09mi | 2/2.5 (-1) | 1,329 (-11%) | 4mo | $235,000 | $177 | 67 |
| 1036 Blue Ridge Dr | 0.48mi | 3/2.0 | 1,425 (-5%) | 0mo | $269,000 | $189 | 66 |
| 1828 Sod Dr #2 | 0.50mi | 3/2.0 | 1,425 (-5%) | 3mo | $254,000 | $178 | 62 |
| 1942 Woodcrest Rdg #2 | 0.67mi | 2/2.0 (-1) | 1,516 (+1%) | 2mo | $330,000 | $218 | 55 |
| 1100 Crosswinds Lndg Unit 19 | 0.44mi | 2/2.0 (-1) | 1,330 (-11%) | 4mo | $290,000 | $218 | 48 |
| 208 Cloverdale Blvd Unit 8 | 0.62mi | 2/1.5 (-1) | 1,280 (-14%) | 1mo | $230,000 | $180 | 35 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -18.7%
- Equity multiple
- 0.36×
- Total profit
- $-43,611
- Equity at exit
- $36,232
- IRR
- -18.0%
- Equity multiple
- 0.14×
- Total profit
- $-58,443
- Equity at exit
- $21,010
Cash invested: $68,040 (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
ZIP-level market 32547
- Home prices YoY
- -29.3%
- Rents YoY
- -0.1%
- Active inventory
- 232
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $1,965 high interval (Pro) →
- Mortgage (P&I)
- −$1,274
- Tax from tax record
- −$152 /mo · $1,821/yr
- Insurance
- −$101
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$413
- Net cashflow
- $25
Break-even live
Sensitivity live
| Price | -10% $162 | -5% $94 | +0% $25 | +5% $-44 | +10% $-113 |
|---|---|---|---|---|---|
| Rent | -10% $-130 | -5% $-53 | +0% $25 | +5% $103 | +10% $180 |
| Rate | -1.0pp $147 | -0.5pp $87 | base $25 | +0.5pp $-38 | +1.0pp $-102 |
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
- $60,750
- Closing costs
- $7,290
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1329 White Blossom Ln Fort Walton Beach, FL | 3.0 | 2.5 | 1735 | $1,900 | $1.10 | 15d | 1 | 0.11mi |
| 1128 Sweetbriar Station Fort Walton Beach, FL | 3.0 | 2.0 | 1150 | $1,850 | $1.61 | 22d | 1 | 0.12mi |
| 309 Union St Fort Walton Beach, FL | 3.0 | 2.0 | 1602 | $2,100 | $1.31 | 15d | 1 | 0.18mi |
| 1319 Greendale Ave Fort Walton Beach, FL | 2.0 | 2.0 | 900 | $1,400 | $1.56 | 22d | 1 | 0.30mi |
| 1004 McLaren Cir Fort Walton Beach, FL | 3.0 | 2.5 | 1537 | $2,500 | $1.63 | 45d | 1 | 0.33mi |
| 507 Landview St Fort Walton Beach, FL | 2.0 | 1.5 | 900 | $1,300 | $1.44 | 22d | 1 | 0.34mi |
| 699 Woodlawn Ave NW Fort Walton Beach, FL | 3.0 | 2.5 | 1567 | $2,240 | $1.43 | 15d | 1 | 0.35mi |
| 537 Schneider Dr Unit A Fort Walton Beach, FL | 2.0 | 1.5 | 1250 | $1,650 | $1.32 | 22d | 1 | 0.38mi |
| 713 N Park Blvd Fort Walton Beach, FL | 3.0 | 2.5 | 1363 | $1,950 | $1.43 | 45d | 1 | 0.43mi |
| 702 Terrance Ct Unit A Fort Walton Beach, FL | 2.0 | 2.0 | 1009 | $1,700 | $1.68 | 15d | 1 | 0.44mi |
| 1839 Sod Dr Fort Walton Beach, FL | 3.0 | 2.0 | 1425 | $1,925 | $1.35 | 22d | 1 | 0.46mi |
| 1705 Conservation Trl Unit 104 Fort Walton Beach, FL | 2.0 | 2.0 | 1190 | $1,900 | $1.60 | 22d | 1 | 0.51mi |
| 216 Cloverdale Blvd Unit C Fort Walton Beach, FL | 2.0 | 1.5 | 1224 | $1,700 | $1.39 | 45d | 1 | 0.58mi |
| 1917 Heartland Dr Fort Walton Beach, FL | 3.0 | 2.0 | 1190 | $2,200 | $1.85 | 22d | 1 | 0.59mi |
| 1008 Pineview Blvd Unit D Fort Walton Beach, FL | 2.0 | 2.0 | 1200 | $1,650 | $1.38 | 22d | 1 | 0.60mi |
| 1825 Hunters Path Fort Walton Beach, FL | 2.0 | 2.0 | 1192 | $1,825 | $1.53 | 45d | 1 | 0.63mi |
| 913 Landry St #5 Fort Walton Beach, FL | 2.0 | 1.0 | 884 | $1,200 | $1.36 | 22d | 1 | 0.66mi |
| 1916 Squirrel Path Fort Walton Beach, FL | 2.0 | 2.0 | 1056 | $1,795 | $1.70 | 45d | 1 | 0.68mi |
| 1867 Heartland Dr Fort Walton Beach, FL | 3.0 | 2.0 | 1300 | $2,095 | $1.61 | 22d | 1 | 0.69mi |
| 1112 Green Tree Ct Fort Walton Beach, FL | 3.0 | 2.0 | 1181 | $1,900 | $1.61 | 45d | 1 | 0.73mi |
| 1504 E Ponderosa Rd Fort Walton Beach, FL | 3.0 | 2.0 | 1000 | $1,650 | $1.65 | 22d | 1 | 0.75mi |
| 2113 Wilderness Path Fort Walton Beach, FL | 3.0 | 2.0 | 1253 | $2,095 | $1.67 | 15d | 1 | 0.77mi |
| 2113 Wilderness Path Fort Walton Beach, FL | 3.0 | 2.0 | 1253 | $2,095 | $1.67 | 45d | 1 | 0.77mi |
| 984 Scenic Oak Ln Fort Walton Beach, FL | 2.0 | 2.5 | 1248 | $1,650 | $1.32 | 15d | 1 | 0.79mi |
| 2132 Wilderness Path Fort Walton Beach, FL | 3.0 | 2.0 | 1250 | $1,675 | $1.34 | 45d | 1 | 0.79mi |
| 977 Scenic Oak Ln Fort Walton Beach, FL | 2.0 | 2.5 | 1248 | $1,650 | $1.32 | 45d | 1 | 0.80mi |
| 976 Scenic Oak Ln Fort Walton Beach, FL | 2.0 | 2.5 | 1248 | $1,675 | $1.34 | 45d | 1 | 0.80mi |
| 905 Piedmont Pl Fort Walton Beach, FL | 3.0 | 2.0 | 1303 | $1,695 | $1.30 | 45d | 1 | 0.80mi |
| 2800 Bradford Pl NW Fort Walton Beach, FL | 2.0 | 2.0 | 850 | $1,395 | $1.64 | 15d | 5 | 0.84mi |
| 954 Scenic Oak Ln Fort Walton Beach, FL | 2.0 | 2.5 | 1248 | $1,700 | $1.36 | 22d | 1 | 0.84mi |
| 2720 Willow Grove Ln Fort Walton Beach, FL | 3.0 | 2.0 | 1075 | $1,800 | $1.67 | 45d | 1 | 0.86mi |
| 2817 Old Carriage Ln Fort Walton Beach, FL | 2.0 | 1.0 | 921 | $1,950 | $2.12 | 45d | 1 | 0.87mi |
| 940 Central Ave #16 Fort Walton Beach, FL | 3.0 | 2.0 | 1320 | $1,800 | $1.36 | 15d | 1 | 0.90mi |
| 2809 Bradford Pl NW Unit 4 Fort Walton Beach, FL | 2.0 | 2.0 | 928 | $1,250 | $1.35 | 45d | 1 | 0.90mi |
| 2809 Bradford Pl NW Unit 3 Fort Walton Beach, FL | 2.0 | 2.0 | 928 | $1,300 | $1.40 | 15d | 1 | 0.90mi |
| 2812 Bradford Pl NW Unit 4 Fort Walton Beach, FL | 2.0 | 2.0 | 928 | $1,250 | $1.35 | 22d | 1 | 0.93mi |
| 2813 Bradford Pl NW Unit 2 Fort Walton Beach, FL | 2.0 | 2.0 | 928 | $1,300 | $1.40 | 15d | 1 | 0.93mi |
| 2100 Pomegranate Ct Fort Walton Beach, FL | 3.0 | 2.5 | 1743 | $2,025 | $1.16 | 22d | 1 | 0.94mi |
| 2814 Bradford Pl NW Unit 3 Fort Walton Beach, FL | 2.0 | 2.0 | 928 | $1,250 | $1.35 | 22d | 1 | 0.94mi |
| 964 Southern Oaks Ct Fort Walton Beach, FL | 3.0 | 2.0 | 1315 | $2,000 | $1.52 | 45d | 1 | 0.96mi |
Listing history 39 events
-
2026-06-21days on market $243,000 Active 105 DOM
-
2026-06-18days on market $243,000 Active 102 DOM
-
2026-06-17days on market $243,000 Active 101 DOM
-
2026-06-16days on market $243,000 Active 100 DOM
-
2026-06-15days on market $243,000 Active 99 DOM
-
2026-06-14days on market $243,000 Active 97 DOM
-
2026-06-13days on market $243,000 Active 96 DOM
-
2026-06-10days on market $243,000 Active 94 DOM
-
2026-06-09days on market $243,000 Active 93 DOM
-
2026-06-08days on market $243,000 Active 92 DOM
-
2026-06-07pricedays on market $243,000 Active 91 DOM
-
2026-06-05days on market $249,000 Active 88 DOM
-
2026-06-02days on market $249,000 Active 86 DOM
-
2026-06-01days on market $249,000 Active 85 DOM
-
2026-05-31days on market $249,000 Active 84 DOM
-
2026-05-30days on market $249,000 Active 83 DOM
-
2026-05-06status Active 715-char remark
Show marketing remark (715 chars)
Are you ready to be home? This roomy 3-bedroom, 2.5-bath townhome is move-in ready and designed for comfortable living. The bright, open floor plan connects the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The kitchen offers ample cabinet and counter space, making everyday living easy. Upstairs, the spacious primary suite features a private ensuite bath and generous closet space, while two additional bedrooms provide flexibility for guests, family, or a home office. A convenient half bath is located on the main level. Well maintained and ready for its next owner, this townhome offers the perfect combination of space, comfort, and low-maintenance living.
-
2026-04-24price $249,000 715-char remark
Show marketing remark (715 chars)
Are you ready to be home? This roomy 3-bedroom, 2.5-bath townhome is move-in ready and designed for comfortable living. The bright, open floor plan connects the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The kitchen offers ample cabinet and counter space, making everyday living easy. Upstairs, the spacious primary suite features a private ensuite bath and generous closet space, while two additional bedrooms provide flexibility for guests, family, or a home office. A convenient half bath is located on the main level. Well maintained and ready for its next owner, this townhome offers the perfect combination of space, comfort, and low-maintenance living.
-
2026-03-20price $255,000 715-char remark
Show marketing remark (715 chars)
Are you ready to be home? This roomy 3-bedroom, 2.5-bath townhome is move-in ready and designed for comfortable living. The bright, open floor plan connects the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The kitchen offers ample cabinet and counter space, making everyday living easy. Upstairs, the spacious primary suite features a private ensuite bath and generous closet space, while two additional bedrooms provide flexibility for guests, family, or a home office. A convenient half bath is located on the main level. Well maintained and ready for its next owner, this townhome offers the perfect combination of space, comfort, and low-maintenance living.
-
2026-03-06$260,000 Active 715-char remark
Show marketing remark (715 chars)
Are you ready to be home? This roomy 3-bedroom, 2.5-bath townhome is move-in ready and designed for comfortable living. The bright, open floor plan connects the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The kitchen offers ample cabinet and counter space, making everyday living easy. Upstairs, the spacious primary suite features a private ensuite bath and generous closet space, while two additional bedrooms provide flexibility for guests, family, or a home office. A convenient half bath is located on the main level. Well maintained and ready for its next owner, this townhome offers the perfect combination of space, comfort, and low-maintenance living.
-
2021-05-11soldstatus $193,000
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2021-05-07soldstatus $193,000 Sold 502-char remark
Show marketing remark (502 chars)
Multiple Offers - Highest and best due by 12pm Thursday April 8th. Owner is replacing roof, both sliding glass doors and the balcony flooring in April. End unit with a fenced in yard and newer carpet inside (1 year old). The separate dining room and eat in kitchen give this unit lots of space to spread out and entertain downstairs; there is also a large half bath off the eat in kitchen area. The master bedroom is large and has a balcony overlooking the street, with double sinks in the master bath.
-
2021-05-07soldstatus $193,000 502-char remark
Show marketing remark (502 chars)
Multiple Offers - Highest and best due by 12pm Thursday April 8th. Owner is replacing roof, both sliding glass doors and the balcony flooring in April. End unit with a fenced in yard and newer carpet inside (1 year old). The separate dining room and eat in kitchen give this unit lots of space to spread out and entertain downstairs; there is also a large half bath off the eat in kitchen area. The master bedroom is large and has a balcony overlooking the street, with double sinks in the master bath.
-
2021-04-08status Pending 502-char remark
Show marketing remark (502 chars)
Multiple Offers - Highest and best due by 12pm Thursday April 8th. Owner is replacing roof, both sliding glass doors and the balcony flooring in April. End unit with a fenced in yard and newer carpet inside (1 year old). The separate dining room and eat in kitchen give this unit lots of space to spread out and entertain downstairs; there is also a large half bath off the eat in kitchen area. The master bedroom is large and has a balcony overlooking the street, with double sinks in the master bath.
-
2021-04-05$197,000 Active 502-char remark
Show marketing remark (502 chars)
Multiple Offers - Highest and best due by 12pm Thursday April 8th. Owner is replacing roof, both sliding glass doors and the balcony flooring in April. End unit with a fenced in yard and newer carpet inside (1 year old). The separate dining room and eat in kitchen give this unit lots of space to spread out and entertain downstairs; there is also a large half bath off the eat in kitchen area. The master bedroom is large and has a balcony overlooking the street, with double sinks in the master bath.
-
2021-03-18$197,000 502-char remark
Show marketing remark (502 chars)
Multiple Offers - Highest and best due by 12pm Thursday April 8th. Owner is replacing roof, both sliding glass doors and the balcony flooring in April. End unit with a fenced in yard and newer carpet inside (1 year old). The separate dining room and eat in kitchen give this unit lots of space to spread out and entertain downstairs; there is also a large half bath off the eat in kitchen area. The master bedroom is large and has a balcony overlooking the street, with double sinks in the master bath.
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2005-04-15soldstatus $169,900
-
2005-03-31soldstatus $169,900
-
2005-03-31soldstatus $169,900
-
2005-02-06$169,900
-
2005-02-06$169,900
-
2002-10-03soldstatus $87,900
-
2002-09-27soldstatus $87,900
-
2002-09-27soldstatus $87,900
-
2002-06-29$87,900
-
2002-06-29$87,900
-
1999-03-11soldstatus $77,000
-
1999-03-11soldstatus $77,000
-
1998-11-20$77,000
ⓘ 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
- $1,821 · $152/mo
- Projected year-2 tax
- $2,017 · $168/mo
- Expected delta
- +$196/yr (+$16/mo · 10.8%)
ⓘ 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 10/10 Extreme 7 d/yr ≥104°F today · 23 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 · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,578
- − Mortgage interest
- −$13,612
- − Property taxes
- −$1,821
- − Insurance
- −$1,215
- − Repairs & maintenance
- −$1,886
- − Management
- −$1,886
- − Depreciation
- −$7,069
- Taxable loss
- −$3,911
- Est. tax savings @ 24.0%
- +$939
- After-tax cash flow
- $1,238/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
- 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
Livability — Wright
- Score
- 80/100
- State rank
- #117
- US rank
- #1790
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wright, FL
- County
- Okaloosa County · 194,352 people
- City population
- 35,522
- Metro
- Crestview-Fort Walton Beach-Destin, FL
- Population (ZIP)
- 35,527
- Household income
- $70,711
- Rent vs Own
- Severe rent burden
- 1203.0
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
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 59% Hispanic / Latino 19% Two or more races 14% Black 11% Asian 3%
- Hispanic origin (detail)
- Mexican 5% Puerto Rican 3% Dominican 1%
- Common ancestry
- Slovak 2% Lithuanian 2% Scotch-Irish 2%
- Foreign-born
- 15% · Canada, Vietnam, Jamaica
- Languages at home
- 81% English-only · Spanish 14% Other Indo-European 1% Vietnamese 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
- —
Market trends
- HPI YoY
- ▼ -111.28%
- Current HPI
- 268.6497
- Rent YoY
- ▼ -0.13%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+223.4% since first listed23 events — show timeline
- 2026-05-06 Relisted — ECAR
- 2026-04-24 Price Changed $249,000 ECAR
- 2026-03-20 Price Changed $255,000 ECAR
- 2026-03-06 Listed $260,000 ECAR
- 2021-05-11 Sold (Public Records) $193,000 Public Records
- 2021-05-07 Sold (MLS) $193,000 NAMLS
- 2021-05-07 Sold (MLS) $193,000 ECAR
- 2021-04-08 Pending — ECAR
- 2021-04-05 Listed $197,000 ECAR
- 2021-03-18 Listed $197,000 NAMLS
- 2005-04-15 Sold (Public Records) $169,900 Public Records
- 2005-03-31 Sold (MLS) $169,900 ECAR
- 2005-03-31 Sold (MLS) $169,900 NAMLS
- 2005-02-06 Listed $169,900 ECAR
- 2005-02-06 Listed $169,900 NAMLS
- 2002-10-03 Sold (Public Records) $87,900 Public Records
- 2002-09-27 Sold (MLS) $87,900 NAMLS
- 2002-09-27 Sold (MLS) $87,900 ECAR
- 2002-06-29 Listed $87,900 NAMLS
- 2002-06-29 Listed $87,900 ECAR
- 1999-03-11 Sold (Public Records) $77,000 Public Records
- 1999-03-11 Sold (MLS) $77,000 ECAR
- 1998-11-20 Listed $77,000 ECAR
Property tax history
+6.0%/yrLatest (2025): $1,821 · +3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…