70 Boundary Line RdFreeportFL32439
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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 70 Boundary Line Rd, Freeport, FL, 32439 priced at $224,990 converts $1,539/mo rent into $46/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,539/mo, and annual cash flow totals $554/yr on $74,584 invested. Return on cash invested prints 20.65% in year one, and rental yield reads 8.21% against a $224,990 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,161 by year five. Five-year ROI reaches 107.47% and total cumulative return in cash sums $80,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,539/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
0.34 Acres 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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Listed by: Paige A Brown • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #973092
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