8144 Glenmore 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 8144 Glenmore Dr, Tallahassee, FL, 32312 with 5% annual appreciation on a $702,600 basis while $5,042/mo rent supports operations. Total monthly income totals $5,042/mo and a $3,439/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,628/yr on $231,155 deployed, and return on cash invested reaches 21.63% in year one. Equity gained on principal adds $4,534/yr, and five-year appreciation sums $194,115 alongside rental yield of 8.61%. Five-year ROI measures 112.78% and total cumulative return in cash totals $260,692.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,042/mo property income versus a $3,439/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.65 Acres lot
$N/A/sqft
$77 monthly 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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Nearby investment properties with comparable prices
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