604 Knotted Pine DrTallahasseeFL32312
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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 604 Knotted Pine Dr, Tallahassee, FL, 32312 at $619,900 posts ROI 11.08% with from $3,000/mo rent. Total monthly income equals $3,000/mo. Return on cash invested measures 11.08% and rental yield reads 5.81% at the current $619,900. Equity gained on principal adds $4,000/yr, and 5% annual appreciation supports $171,267 by year five. Five-year ROI prints 56.94% and total cumulative return in cash totals $116,120. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$1,125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32312, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 11,213 (81.3%) |
| Renter Occupied HU | 2,059 (14.9%) |
| Vacant Housing Units | 524 ( 3.8%) |
| Median Home Value | $462,180 |
| Average Home Value | $525,896 |
Housing Distribution
Address Breakdown
Residential
13,727
Single Family
12,909
Multi-Family
818
Businesses
495
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Listed by: Porter Chandler • Tallahassee Homes Realty LLC
Mls Name: TBR
Mls Provider:
Mls ID: #366379
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.