3803 Overlook DrTallahasseeFL32311
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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 3803 Overlook Dr, Tallahassee, FL, 32311 with 5% annual appreciation on a $583,000 basis while $3,520/mo rent supports operations. Equity gained on principal adds $3,762/yr, and five-year appreciation sums $161,072 alongside rental yield of 7.25%. Five-year ROI measures 88.11% and total cumulative return in cash totals $169,010. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,520/mo property income versus a $2,853/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
$780 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
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Listed by: Susana Willis • Ketcham Realty Group, Inc.
Mls Name: TBR
Mls Provider:
Mls ID: #385696
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.