462 Long Pine DrTallahasseeFL32305
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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 462 Long Pine Dr, Tallahassee, FL, 32305 with 5% annual appreciation on a $129,000 basis while $1,435/mo rent supports operations. Total monthly income totals $1,435/mo and a $631/mo payment preserves $579/mo for cash returns. Annual cash flow comes to $6,952/yr on $42,764 deployed, and return on cash invested reaches 36.17% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 13.35%. Five-year ROI measures 190.68% and total cumulative return in cash totals $81,541.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,435/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Alisa McMahon • Bluewater Realty Group
Mls Name: TBR
Mls ID: #392884