10050 Blue Waters RdTallahasseeFL32305
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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 10050 Blue Waters Rd, Tallahassee, FL, 32305 offers a 11.09% rental yield on a $178,500 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $874/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,473/yr on $59,173 to close, and return on cash invested stands at 29.16% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 153.17% and total cumulative return in cash at $90,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
1.32 Acres lot
$N/A/sqft
$108 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Lucia Aufdembrink • Bluewater Realty Group
Mls Name: TBR
Mls Provider:
Mls ID: #390570
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.