0 Speights Way
About This Property
Speights Way is about 20-30 minutes from downtown Marianna and I-10, where you will find Walmart, Lowes, Sonny's, and Beef O'Brady's. Along with a variety of fast-food options and gas stations. Dothan, Alabama, is about 50 minutes away, and the white sands of Panama City Beach are about an hour-and-a-half drive.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Listed by Florida Showcase Realty, LLC | $110,000 | |
| Listed by Florida Showcase Realty, LLC | |||
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