6519 Cedar Chase WayTallahasseeFL32311
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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 6519 Cedar Chase Way, Tallahassee, FL, 32311 earns $38/mo cash flow from $3,188/mo rent with a $2,276/mo payment. Total monthly income totals $3,188/mo, and annual cash flow totals $450/yr on $154,148 capital. ROI tracks 20.2% on current figures, and rental yield reads 8.23% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 105.19% and total cumulative return in cash sums $162,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,188/mo property income instead of your personal income.
Single Family
Built in 2007
0.78 Acres lot
$N/A/sqft
$775 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: Marylou Johnston • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #387235
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.