173 Jakes WayFreeportFL32439
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Freeport at 173 Jakes Way, Freeport, FL, 32439 generates $3,666/mo in rent and, after a $1,698/mo payment, leaves $1,304/mo in cash flow. Total monthly income is $3,666/mo, and annual cash flow is $15,648/yr on $115,031 invested. Return on cash invested sits at 33.51% in year one, and rental yield is 12.68% on a $347,000 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 176.59% and total cumulative return in cash sums $203,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,666/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.35 Acres lot
$N/A/sqft
$179 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32439, Freeport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,758 (100%) |
| Owner Occupied HU | 6,065 (69.3%) |
| Renter Occupied HU | 1,455 (16.6%) |
| Vacant Housing Units | 1,238 (14.1%) |
| Median Home Value | $440,147 |
| Average Home Value | $573,561 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
7,447
Multi-Family
106
Businesses
335
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Listed by: Jennifer P Anthony Mims • Mims Real Estate Advisors Llc
Mls Name: ECAOR
Mls Provider:
Mls ID: #954137
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189