629 Knotted Pine DrTallahasseeFL32312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Tallahassee at 629 Knotted Pine Dr, Tallahassee, FL, 32312 priced at $598,600 converts $3,000/mo rent into after a $2,930/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 13.56% in year one, and rental yield reads 6.01% against a $598,600 entry. Equity gained on principal adds $3,863/yr, while 5% annual appreciation compiles into $165,382 by year five. Five-year ROI reaches 69.58% and total cumulative return in cash sums $137,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,930/mo payment, not borrower’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Porter Chandler • Tallahassee Homes Realty LLC
Mls Name: TBR
Mls Provider:
Mls ID: #378753
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.