2008 Ted Hines DrTallahasseeFL32308
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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 2008 Ted Hines Dr, Tallahassee, FL, 32308 earns $326/mo cash flow from $2,887/mo rent with a $1,889/mo payment. Total monthly income totals $2,887/mo, and annual cash flow totals $3,911/yr on $127,926 capital. ROI tracks 22.97% on current figures, and rental yield reads 8.98% at a $385,900 purchase. Equity gained on principal adds $2,490/yr, and 5% annual appreciation supports $106,617 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash sums $153,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,887/mo property income instead of your personal income.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32308, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,408 (100%) |
| Owner Occupied HU | 6,012 (48.5%) |
| Renter Occupied HU | 5,451 (43.9%) |
| Vacant Housing Units | 945 ( 7.6%) |
| Median Home Value | $377,340 |
| Average Home Value | $429,502 |
Housing Distribution
Address Breakdown
Residential
11,653
Single Family
8,949
Multi-Family
2,704
Businesses
1,528
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Listed by: Blair J LaPete • Superior Realty Group LLC
Mls Name: TBR
Mls Provider:
Mls ID: #386554
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.