3830 Edgewater DrTallahasseeFL32310
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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 3830 Edgewater Dr, Tallahassee, FL, 32310 with 5% annual appreciation on a $665,000 basis while $3,107/mo rent supports operations. 9% in year one. Equity gained on principal adds $4,291/yr, and five-year appreciation sums $183,727 alongside rental yield of 5.61%. Five-year ROI measures 65.79% and total cumulative return in cash totals $143,935. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,107/mo property income versus a $3,255/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32310, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,359 (100%) |
| Owner Occupied HU | 3,341 (40.0%) |
| Renter Occupied HU | 3,847 (46.0%) |
| Vacant Housing Units | 1,171 (14.0%) |
| Median Home Value | $214,020 |
| Average Home Value | $279,575 |
Housing Distribution
Address Breakdown
Residential
6,808
Single Family
6,155
Multi-Family
653
Businesses
397
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Listed by: Devin Lohman • Lohman Realty LLC
Mls Name: TBR
Mls ID: #393119