3598 Jim Lee RdTallahasseeFL32301
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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 3598 Jim Lee Rd, Tallahassee, FL, 32301 earns $97/mo cash flow from $1,866/mo rent with a $1,224/mo payment. Total monthly income totals $1,866/mo, and annual cash flow totals $1,169/yr on $82,875 capital. ROI tracks 21.32% on current figures, and rental yield reads 8.96% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 111.59% and total cumulative return in cash sums $92,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,866/mo property income instead of your personal income.
Single Family
Built in 2005
4,791 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
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Listed by: Meridee Escalera • Destination Real Estate Corp
Mls Name: TBR
Mls Provider:
Mls ID: #384985
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.