3029 Harpers Ferry DrTallahasseeFL32308
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
Investment Highlights
Investment property for sale in Tallahassee at 3029 Harpers Ferry Dr, Tallahassee, FL, 32308 listed at $413,500 pairs $2,986/mo rent with a $2,024/mo payment to leave $224/mo cash flow. Total monthly income runs $2,986/mo, and annual cash flow reaches $2,687/yr on $137,075 cash to close. Return on cash invested measures 21.87% in year one, and rental yield registers 8.67% at a $413,500 basis. Equity gained on principal adds $2,668/yr, and annual property appreciation at 5% supports $114,242 by year five. Five-year ROI tracks 114% and total cumulative return in cash totals $156,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,986/mo property income relative to a $2,024/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
$120 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: Camilo Perez • Home Sold Realty LLC
Mls Name: TBR
Mls Provider:
Mls ID: #386289
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.