1865 Nena Hills DrTallahasseeFL32304
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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 Tallahassee at 1865 Nena Hills Dr, Tallahassee, FL, 32304 earns $334/mo cash flow from $1,760/mo rent with a $1,052/mo payment. Total monthly income totals $1,760/mo, and annual cash flow totals $4,002/yr on $71,273 capital. ROI tracks 25.52% on current figures, and rental yield reads 9.82% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash sums $95,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,760/mo property income instead of your personal income.
Townhouse
Built in 2005
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32304, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,529 (100%) |
| Owner Occupied HU | 2,683 (10.9%) |
| Renter Occupied HU | 18,172 (74.1%) |
| Vacant Housing Units | 3,674 (15.0%) |
| Median Home Value | $178,435 |
| Average Home Value | $231,156 |
Housing Distribution
Address Breakdown
Residential
12,996
Single Family
10,156
Multi-Family
2,840
Businesses
904
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Listed by: Kyle Footman • Coldwell Banker Hartung
Mls Name: TBR
Mls ID: #392788