2938 Abbotsford WayTallahasseeFL32312
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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 2938 Abbotsford Way, Tallahassee, FL, 32312 at $599,400 posts ROI 15.24% with from $3,360/mo rent. Total monthly income equals $3,360/mo. Return on cash invested measures 15.24% and rental yield reads 6.73% at the current $599,400. Equity gained on principal adds $3,868/yr, and 5% annual appreciation supports $165,603 by year five. Five-year ROI prints 78.77% and total cumulative return in cash totals $155,343. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32312, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 11,213 (81.3%) |
| Renter Occupied HU | 2,059 (14.9%) |
| Vacant Housing Units | 524 ( 3.8%) |
| Median Home Value | $462,180 |
| Average Home Value | $525,896 |
Housing Distribution
Address Breakdown
Residential
13,727
Single Family
12,909
Multi-Family
818
Businesses
495
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Listed by: James Alley • Cynergy Real Estate Services,
Mls Name: TBR
Mls Provider:
Mls ID: #383996
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.