2316 Windermere RdTallahasseeFL32311
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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 2316 Windermere Rd, Tallahassee, FL, 32311 earns $129/mo cash flow from $2,106/mo rent with a $1,458/mo payment. Total monthly income totals $2,106/mo, and annual cash flow totals $1,548/yr on $98,779 capital. ROI tracks 21.48% on current figures, and rental yield reads 8.48% at a $297,977 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,326 over five years. Five-year ROI reaches 111.89% and total cumulative return in cash sums $110,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,106/mo property income instead of your personal income.
Single Family
Built in 1981
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
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Listed by: Jeffrey S Ragan • Friendly Real Estate Group LLC
Mls Name: TBR
Mls ID: #390712