3288 Emerson LnTallahasseeFL32317
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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 3288 Emerson Ln, Tallahassee, FL, 32317 listed at $274,000 pairs $2,374/mo rent with a $1,341/mo payment to leave $556/mo cash flow. Total monthly income runs $2,374/mo, and annual cash flow reaches $6,669/yr on $90,831 cash to close. Return on cash invested measures 27.25% in year one, and rental yield registers 10.4% at a $274,000 basis. Equity gained on principal adds $1,768/yr, and annual property appreciation at 5% supports $75,701 by year five. Five-year ROI tracks 142.8% and total cumulative return in cash totals $129,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,374/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32317, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,036 (100%) |
| Owner Occupied HU | 5,221 (86.5%) |
| Renter Occupied HU | 652 (10.8%) |
| Vacant Housing Units | 163 ( 2.7%) |
| Median Home Value | $392,602 |
| Average Home Value | $426,789 |
Housing Distribution
Address Breakdown
Residential
6,068
Single Family
5,859
Multi-Family
209
Businesses
942
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Nearby investment properties with comparable prices
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