2772 Crestline RdTallahasseeFL32308
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2772 Crestline Rd, Tallahassee, FL, 32308 in Tallahassee deserves attention. This $474,000 property earns $4,278/mo in rent, a 10.83% gross yield, and nets $835/mo after the $2,131/mo payment. DSCR 2.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $130,957 compounds alongside $4,366/yr in yearly equity build, for a total cumulative return of $235,761.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $835 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,278 |
| Total Monthly Debt Service | $3,254 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
4,791 sqft lot
$N/A/sqft
$75 annually 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
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
Single Family
Built in 2018
4,791 sqft lot
$N/A/sqft
$75 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda S Laudadio • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls Provider:
Mls ID: #383496
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.