What rent should I use for a 3-bedroom rental in Defuniak Springs, FL?

In ZIP 32433 the typical figure is $1,191 a month ($1,191–$2,041); across Defuniak Springs's 2 ZIP codes it's $745–$2,041, with a median of $968. Check listings for the specific property.

Cap rate & gross rent multiplier calculator for Defuniak Springs, FL

Starts from local data for Defuniak Springs, FL (ZIP 32433): a 3-bedroom rent of $1,191 a month (range $1,191–$2,041). Every value stays editable.

Cap rate

6.58%

Gross rent multiplier

9.92

Gross annual rent: $50,400
NOI (yearly): $32,880

Cap rate6.58%

How this is calculated

1Gross annual rent = monthly rent × 12.
2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
3Cap rate = NOI ÷ price.
4GRM = price ÷ gross annual rent.

Neither metric accounts for financing. Use the rental cash flow calculator to see returns with a mortgage.

Frequently asked questions

What rent should I use for a 3-bedroom rental in Defuniak Springs, FL?: In ZIP 32433 the typical figure is $1,191 a month ($1,191–$2,041); across Defuniak Springs's 2 ZIP codes it's $745–$2,041, with a median of $968. Check listings for the specific property.

More for Defuniak Springs

Rent in Defuniak Springs, FL by bedrooms

This calculator nearby

All Florida cities