252 Cornelia StFreeportFL32439
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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 252 Cornelia St, Freeport, FL, 32439 priced at $375,000 converts $3,388/mo rent into $571/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,388/mo, and annual cash flow totals $6,846/yr on $124,313 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 10.84% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 134.12% and total cumulative return in cash sums $166,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,388/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2018
4,600 sqft lot
$N/A/sqft
$988 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: The Stephens Group • The Premier Property Group Seacrest Office
Mls Name: ECAOR
Mls Provider:
Mls ID: #956330
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