2332 Lexington Pond WayTallahasseeFL32311
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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 2332 Lexington Pond Way, Tallahassee, FL, 32311 at $334,400 posts ROI 28.2% with $766/mo cash flow from $3,120/mo rent. Total monthly income equals $3,120/mo, and annual cash flow records $9,193/yr on $110,854 to close. Return on cash invested measures 28.2% and rental yield reads 11.2% at the current $334,400. Equity gained on principal adds $2,158/yr, and 5% annual appreciation supports $92,389 by year five. Five-year ROI prints 148.46% and total cumulative return in cash totals $164,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
5,227 sqft lot
$N/A/sqft
$350 annually 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: Susan Gillespie • Lord & Stanley Realty, Inc.
Mls Name: TBR
Mls Provider:
Mls ID: #378783
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.