Red Drum Dr #85FreeportFL32439
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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 Red Drum Dr #85, Freeport, FL, 32439 earns $230/mo cash flow from $1,381/mo rent with a $849/mo payment. Total monthly income totals $1,381/mo, and annual cash flow totals $2,758/yr on $57,515 capital. ROI tracks 24.7% on current figures, and rental yield reads 9.55% at a $173,500 purchase. Equity gained on principal adds $1,120/yr, and 5% annual appreciation supports $47,935 over five years. Five-year ROI reaches 129.13% and total cumulative return in cash sums $74,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,381/mo property income instead of your personal income.
Manufactured
Built in 2025
N/A 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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