The McKenzie Plan, Pine Dove EstatesTallahasseeFL32311
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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
Rental property for sale in Tallahassee at The McKenzie Plan, Pine Dove Estates, Tallahassee, FL, 32311 offers $4,200/mo rent that, after a $3,010/mo payment, leaves $119/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $1,429/yr on $202,302 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 8.2% at a $614,900 entry. Equity gained on principal adds $3,968/yr while 5% annual appreciation compounds into $169,886 by year five. Five-year ROI records 108.02% and total cumulative return in cash reaches $218,530. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $3,010/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A