1440 Jake DrTallahasseeFL32305
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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 Tallahassee at 1440 Jake Dr, Tallahassee, FL, 32305 generates $1,641/mo in rent and, after a $523/mo payment, leaves $932/mo in cash flow. Total monthly income is $1,641/mo, and annual cash flow is $11,182/yr on $35,437 invested. Return on cash invested sits at 51.46% in year one, and rental yield is 18.42% on a $106,900 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,535 over five years. Five-year ROI reaches 272.62% and total cumulative return in cash sums $96,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,641/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Katherine Cave • Epique Realty Inc
Mls Name: CPAR
Mls ID: #776705