382 Lightning Bug LnFreeportFL32439
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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
Investment property for sale in Freeport at 382 Lightning Bug Ln, Freeport, FL, 32439 uses $132,600 cash to close to unlock $616/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $2,706/mo, and a $1,958/mo payment keeps the spread at $51/mo. Purchase price stands at $400,000, and rental yield measures 8.12% with $2,706/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 105.94% and total cumulative return in cash records $140,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,706/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5,662 sqft lot
$N/A/sqft
No 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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