Updated 12 months ago on . Most recent reply
Questions about Freeport FL
Contemplating buying a place near Destin. Thinking of Freeport, niceville, crestview, etc.
I like Freeport overall and naturally I’m looking at rentals rates vs the cost of townhomes and single family homes. I’m noticing that rent rates are surprisingly high compared to the somewhat competitive and affordable housing pricing.
Single-family homes, some new construction are going for mid 300’s and rent is usually $2500 or higher.
Some townhomes are like $250,000 and rent is still $2000+.
Where I’m from, a $400,000 house would probably rent for about $2000 so I was pleasantly surprised to see how much more rent you can get per dollar, is this pretty standard or am I missing something about Freeport?