2858 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 2858 Hampton Meadow Dr, Tallahassee, FL, 32311 uses $81,947 cash to close to unlock $5,286/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,210/mo payment keeps the spread at $440/mo. Purchase price stands at $247,200, and rental yield measures 10.17% with $2,094/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $68,297 over five years. Five-year ROI reaches 138.11% and total cumulative return in cash records $113,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,210/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
3,484 sqft lot
$N/A/sqft
$13 monthly 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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