75 Palmetto AveFreeportFL32439
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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 75 Palmetto Ave, Freeport, FL, 32439 priced at $268,000 pairs $1,845/mo rent with $66/mo cash flow after a $1,312/mo payment. Total monthly income equals $1,845/mo, and annual cash flow comes to $795/yr on $88,842 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.26% on a $268,000 basis. Equity gained on principal adds $1,729/yr, and 5% annual appreciation accumulates to $74,043 by year five. Five-year ROI measures 108.27% and total cumulative return in cash reaches $96,189. For financing, Ziffy Mortgage’s DSCR program evaluates $1,845/mo property income against a $1,312/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.25 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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