97 Graham St · DeFuniak Springs, FL 32435

$238,900

3 bd · 2.0 ba · 1,320 sqft · SingleFamily public records · 126 Days on market

Built 1971 0.43 ac lot Est $199k · 20% over

---

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 +7.6/30.0
• 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 +1.1/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

Key facts

• Fully renovated
• Fresh paint
• New water heater

Tags

• FULLY RENOVATED
• NEW HVAC SYSTEM
• NEW WATER HEATER
• LVP FLOORING
• NEW CABINETRY
• FRESH PAINT

Property features AI

Finance

• HOA & community: No recorded subdivision

Exterior

• Utilities: Electric service; Public water; Public sewer
• Home design: Ranch-style home; Single-story
• Construction: Block construction; Metal roof; Built in 1971
• Exterior features: Open patio; Open porch; Interior lot; City street frontage; Paved road access

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Bedrooms: 4 bedrooms (all on the first floor)
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Recessed lighting; Newly painted
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-291 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $187k (21.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (39.2% below list).
• Recommended offer: $145k (39.2% 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: 122 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 2,883 units permitted in Walton County in 2024 (1,322 in 5+ unit buildings).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k 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 ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 126 days — a 12% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 2y 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 $90k; list at $239k implies a 165% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,338 (39.2% 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 126 days. Have you received any prior offers? Is the seller open to a 39% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 4.83%
• Cash-on-cash: -5.23%
• DSCR: 0.77
• GRM: 13.7

CMA / ARV

• ARV (on-the-fly): $199,320
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
42 Roosevelt Ave	0.60mi	4/2.0 (+1)	1,276 (-3%)	3mo	$193,000	$151	59
136 Alice Dr	0.44mi	4/1.5 (+1)	1,248 (-6%)	17mo	$128,700	$103	49
37 Beech Ln	0.37mi	3/1.5	1,196 (-9%)	20mo	$206,300	$172	49

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: $111,453
• Equity at exit: $215,220

10-year hold

• IRR: 18.7%
• Equity multiple: 6.12×
• Total profit: $342,583
• Equity at exit: $464,130

Cash invested: $66,892 (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 32435

• Home prices YoY: 4.0%
• Active inventory: 122
• Price-to-rent: 13.7×

Monthly cashflow live

• Estimated rent: $1,453 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$87 /mo · $1,045/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $-291

Break-even live

Break-even rent $1,822

Max offer price $187,447

Occupancy floor —

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: $59,725
• Closing costs: $7,167
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
125 N Davis Ln Apt 133 Defuniak Springs, FL	3.0	1.0	925	$1,250	$1.35	21d	1	0.74mi
90 Andrews Ave Defuniak Springs, FL	3.0	1.0	1118	$1,550	$1.39	13d	1	0.75mi
712 Bruce Ave Defuniak Springs, FL	3.0	2.0	1040	$1,600	$1.54	13d	1	1.39mi

Listing history 50 events

1. 2026-06-18
   days on market $238,900 Active 126 DOM
2. 2026-06-17
   days on market $238,900 Active 125 DOM
3. 2026-06-16
   days on market $238,900 Active 124 DOM
4. 2026-06-15
   days on market $238,900 Active 123 DOM
5. 2026-06-14
   days on market $238,900 Active 121 DOM
6. 2026-06-13
   days on market $238,900 Active 120 DOM
7. 2026-06-10
   days on market $238,900 Active 118 DOM
8. 2026-06-09
   days on market $238,900 Active 117 DOM
9. 2026-06-08
   days on market $238,900 Active 116 DOM
10. 2026-06-07
    days on market $238,900 Active 115 DOM
11. 2026-06-05
    days on market $238,900 Active 112 DOM
12. 2026-06-03
    days on market $238,900 Active 111 DOM
13. 2026-06-03
    days on market $238,900 Active 110 DOM
14. 2026-06-01
    days on market $238,900 Active 109 DOM
15. 2026-05-31
    days on market $238,900 Active 108 DOM
16. 2026-05-30
    days on market $238,900 Active 107 DOM
17. 2026-05-10
    price $238,900
18. 2026-03-03
    price $239,900
19. 2026-02-12
    listed $244,900 Active
20. 2025-08-19
    soldstatus $90,000
21. 2025-08-15
    soldstatus $90,000 Closed 891-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

22. 2025-08-15
    soldstatus $90,000 Sold 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

23. 2025-08-15
    soldstatus $90,000 Sold 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

24. 2025-08-08
    status Pending 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

25. 2025-08-01
    status Pending 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

26. 2025-07-29
    status Active 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

27. 2025-07-20
    status Pending 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

28. 2025-07-17
    status Active 793-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

29. 2025-07-17
    status Active 793-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

30. 2025-07-17
    status Active 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

31. 2025-06-26
    status Pending 793-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

32. 2025-06-26
    status Pending 793-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

33. 2025-06-26
    status Pending 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

34. 2025-06-03
    price $129,000 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

35. 2025-06-03
    price $129,000 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

36. 2025-06-02
    price $129,000 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

37. 2025-05-13
    price $139,999 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

38. 2025-05-13
    price $139,999 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

39. 2025-05-12
    price $139,999 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

40. 2025-05-07
    listed $149,900 Active 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

41. 2025-05-07
    listed $149,900 Active 793-char remark

    Show marketing remark (793 chars)

    Discover this charming home located just minutes from the historic heart of downtown Defuniak Springs. This property offers a wonderful opportunity for those looking to move to the beautiful town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out - schedule your showing today and explore the possibilities.

42. 2025-04-19
    listed $149,900 Active 891-char remark

    Show marketing remark (891 chars)

    Back on market at not fault to the sellers. Bring your offers and your vision and make this charming home located just minutes from the historic heart of downtown DeFuniak Springs your own. This property offers a wonderful opportunity for those looking to move to the beautiful little town. The home's classic design provides a solid foundation for your personal updates and improvements. Enjoy outdoor living on large backyard perfect for relaxing or entertaining. The property is conveniently situated close to local shops, restaurants, parks, and the iconic Circle Drive, giving you easy access to all the amenities and attractions this charming town has to offer. Whether you're an investor, DIY enthusiast, or looking to create your dream home, this property offers great potential in a desirable location. Don't miss out—schedule your showing today and explore the possibilities!

43. 2025-03-26
    status Active
44. 2024-09-19
    price $154,000
45. 2024-08-02
    status Active
46. 2024-07-11
    price $158,000
47. 2024-05-31
    price $159,999
48. 2024-05-05
    price $163,500
49. 2024-04-25
    status Active
50. 2024-02-06
    listed $164,999 Active

ⓘ 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: $1,045 · $87/mo
• Projected year-2 tax: $1,983 · $165/mo
• Expected delta: +$938/yr (+$78/mo · 89.8%)

ⓘ 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 8/10 Severe 7 d/yr ≥107°F today · 19 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: $17,441
• − Mortgage interest: −$13,382
• − Property taxes: −$1,045
• − Insurance: −$1,194
• − Repairs & maintenance: −$1,395
• − Management: −$1,395
• − Depreciation: −$6,950
• Taxable loss: −$7,921
• Est. tax savings @ 24.0%: +$1,901
• After-tax cash flow: $-1,594/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
• City population: 19,746
• Population (ZIP): 6,359

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 (83%)
• Race & ethnicity: White 83% Black 6% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Slovak 5% Scottish 2% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▲ 12.25%
• Current HPI: 314.8146
• Rent YoY: —
• Metro: —
• 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

+44.8% since first listed

34 events — show timeline

• 2026-05-10 Price Changed $238,900 ECAR
• 2026-03-03 Price Changed $239,900 ECAR
• 2026-02-12 Listed $244,900 ECAR
• 2025-08-19 Sold (Public Records) $90,000 Public Records
• 2025-08-15 Sold (MLS) $90,000 NAMLS
• 2025-08-15 Sold (MLS) $90,000 ECAR
• 2025-08-15 Sold (MLS) $90,000 CPARMLS
• 2025-08-08 Pending — NAMLS
• 2025-08-01 Pending — CPARMLS
• 2025-07-29 Relisted — CPARMLS
• 2025-07-20 Pending — CPARMLS
• 2025-07-17 Relisted — ECAR
• 2025-07-17 Relisted — NAMLS
• 2025-07-17 Relisted — CPARMLS
• 2025-06-26 Pending — ECAR
• 2025-06-26 Pending — NAMLS
• 2025-06-26 Pending — CPARMLS
• 2025-06-03 Price Changed $129,000 ECAR
• 2025-06-03 Price Changed $129,000 NAMLS
• 2025-06-02 Price Changed $129,000 CPARMLS
• 2025-05-13 Price Changed $139,999 ECAR
• 2025-05-13 Price Changed $139,999 NAMLS
• 2025-05-12 Price Changed $139,999 CPARMLS
• 2025-05-07 Listed $149,900 NAMLS
• 2025-05-07 Listed $149,900 ECAR
• 2025-04-19 Listed $149,900 CPARMLS
• 2025-03-26 Relisted — ECAR
• 2024-09-19 Price Changed $154,000 ECAR
• 2024-08-02 Relisted — ECAR
• 2024-07-11 Price Changed $158,000 ECAR
• 2024-05-31 Price Changed $159,999 ECAR
• 2024-05-05 Price Changed $163,500 ECAR
• 2024-04-25 Relisted — ECAR
• 2024-02-06 Listed $164,999 ECAR

Property tax history

+32.8%/yr

Latest (2025): $1,045 · +35.1% YoY. Source: county tax records.