271 Indian Bay DrFreeportFL32439
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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 271 Indian Bay Dr, Freeport, FL, 32439 priced at $1,375,000 pairs $9,329/mo rent with $183/mo cash flow after a $6,730/mo payment. Total monthly income equals $9,329/mo, and annual cash flow comes to $2,190/yr on $445,500 invested. Return on cash invested is 20.86% in year one, and rental yield stands at 8.14% on a $1,375,000 basis. Equity gained on principal adds $8,873/yr, and 5% annual appreciation accumulates to $379,887 by year five. Five-year ROI measures 108.47% and total cumulative return in cash reaches $483,246. For financing, Ziffy Mortgage’s DSCR program evaluates $9,329/mo property income against a $6,730/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.53 Acres lot
$N/A/sqft
$260 annually 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: Sean R Lauten • Realty Pro Group LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #941842
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