2840 Hampton Meadow DrTallahasseeFL32311
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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 2840 Hampton Meadow Dr, Tallahassee, FL, 32311 listed at $239,000 pairs $2,988/mo rent with a $1,170/mo payment to leave $1,333/mo cash flow. Total monthly income runs $2,988/mo, and annual cash flow reaches $15,999/yr on $79,229 cash to close. Return on cash invested measures 40.1% in year one, and rental yield registers 15% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 212.15% and total cumulative return in cash totals $168,084. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,988/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
3,484 sqft lot
$N/A/sqft
$150 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: Sara Wagner • Xcellence Realty
Mls Name: TBR
Mls Provider:
Mls ID: #374664
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.