8415 Glendalin RdTallahasseeFL32311
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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 8415 Glendalin Rd, Tallahassee, FL, 32311 offers a 8.05% rental yield on a $229,900 purchase with $1,542/mo rent. Total monthly income registers $1,542/mo, and a $1,125/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $199/yr on $76,212 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 104.85% and total cumulative return in cash at $79,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,542/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No 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: Danielle Galvin • 1st Choice Real Estate Service
Mls Name: TBR
Mls ID: #393497