1053 Sutor 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
Rental property for sale in Tallahassee at 1053 Sutor Rd, Tallahassee, FL, 32311 generates $811/mo in rent and, after a $524/mo payment, leaves $101/mo in cash flow. Total monthly income is $811/mo, and annual cash flow is $1,208/yr on $35,471 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.1% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 121.74% and total cumulative return in cash sums $43,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $811/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
5,662 sqft 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: Gabrielle N Washington • Faith Investment Group
Mls Name: TBR
Mls ID: #386305