2116 Burnt Pine LnTallahasseeFL32317
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 2116 Burnt Pine Ln, Tallahassee, FL, 32317 listed at $140,000 pairs $1,077/mo rent with a $685/mo payment to leave $123/mo cash flow. Total monthly income runs $1,077/mo, and annual cash flow reaches $1,478/yr on $46,410 cash to close. Return on cash invested measures 23.09% in year one, and rental yield registers 9.23% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 120.85% and total cumulative return in cash totals $56,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,077/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1986
0.46 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32317, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,036 (100%) |
| Owner Occupied HU | 5,221 (86.5%) |
| Renter Occupied HU | 652 (10.8%) |
| Vacant Housing Units | 163 ( 2.7%) |
| Median Home Value | $392,602 |
| Average Home Value | $426,789 |
Housing Distribution
Address Breakdown
Residential
6,068
Single Family
5,859
Multi-Family
209
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Cain • Big Fish Real Estate Services
Mls Name: TBR
Mls Provider:
Mls ID: #384954
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.