2002 Chowkeebin NeneTallahasseeFL32301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2002 Chowkeebin Nene, Tallahassee, FL, 32301 listed at $262,000 pairs $2,025/mo rent with a $1,282/mo payment to leave $287/mo cash flow. Total monthly income runs $2,025/mo, and annual cash flow reaches $3,440/yr on $86,853 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 9.27% at a $262,000 basis. Equity gained on principal adds $1,691/yr, and annual property appreciation at 5% supports $72,386 by year five. Five-year ROI tracks 124.68% and total cumulative return in cash totals $108,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,025/mo property income relative to a $1,282/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jody Harbin • Equity Realty and Management
Mls Name: TBR
Mls ID: #394542