57 NW Hemlock Dr
Fort Walton Beach, FL 32548View map
- Single-family
- 4 bd
- 3.5 ba
- 2,300 sq ft
- Built 1961
$305,000
List price
Our test at 20, 25 and 30% down
Does it carry itself?
Nets positive at 30% down, not at 20% or 25%
- 20% downNot nets positive
- 25% downNot nets positive
- 30% downNets positive
Members see the rent, the monthly payment and what it nets at each down payment.
For members
What members see
- The estimated rent and its range, based on two independent rent estimates
- The monthly payment (PITIA) at 20, 25 and 30% down
- What it nets each month at each down payment
- DSCR, the ratio a lender measures, at each down payment
- The price it nets positive at
- A calculator to change any assumption
How we test a home
Every home we list gets the same test.
- Rent
- A 12-month unfurnished lease, based on two independent rent estimates. Never a seasonal or short-term rent.
- Property tax
- Tax is estimated at the buyer's reassessed value. Where the listing's own tax bill is higher, we use the bill.
- Insurance
- An estimate from local rates for a home this size. It is not in a flood zone.
- HOA
- Not listed; we assume none.
- Loan
- 7.25% interest over 30 years, at 20, 25 and 30% down.
- Nets positive
- When its rent covers the whole monthly payment: loan, tax, insurance and HOA (PITIA). We use gross rent, as a DSCR lender does, with nothing set aside for vacancy, repairs, capex or management.
Facts
- Type
- Single-family
- Units
- 1
- Bedrooms
- 4
- Bathrooms
- 3 full, 1 half
- Size
- 2,300 sq ft
- Year built
- 1961
- HOA fee
- Not listed
- Annual tax bill
- $2,971, as listed
- Days on market
- 200 days (listed Apr 19, 2026)
- Flood zone
- Not in a flood zone
- Status
- For sale
Location
Pinned from the listing's street address.
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In Fort Walton Beach, 12 nets positive at 20% down. Members see which ones, with the rent, the monthly payment and what each one nets.
See which onesListing information comes from third-party sources and may be wrong or out of date. Our rent, tax and insurance figures are estimates for screening, not advice. Verify taxes, insurance, HOA and rents before you offer.