2679 Bending WayTallahasseeFL32308
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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
Rental property for sale in Tallahassee at 2679 Bending Way, Tallahassee, FL, 32308 generates $2,836/mo in rent, after a $2,349/mo payment. Total monthly income is $2,836/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 7.09% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 89.33% and total cumulative return in cash sums $142,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,836/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.27 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: Shehu Tagoe • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #394730