3320 Addison 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 3320 Addison Ln, Tallahassee, FL, 32317 earns $783/mo cash flow from $2,670/mo rent with a $1,392/mo payment. Total monthly income totals $2,670/mo, and annual cash flow totals $9,390/yr on $94,312 capital. ROI tracks 29.87% on current figures, and rental yield reads 11.26% at a $284,500 purchase. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 over five years. Five-year ROI reaches 156.83% and total cumulative return in cash sums $147,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,670/mo property income instead of your personal income.
Single Family
Built in 2001
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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Listed by: Danya Wilson • Superior Realty Group LLC
Mls Name: TBR
Mls ID: #394964