1106 Woodland DrTallahasseeFL32305
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 1106 Woodland Dr, Tallahassee, FL, 32305 in Tallahassee earns a 10.21% gross yield at $197,750. Rent of $1,683/mo nets $371/mo after the $889/mo mortgage. The 1.89 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $54,635 and $1,821/yr in equity accumulation project a total cumulative return of $99,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.5% |
| Monthly Cash Flow | $371 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,683 |
| Total Monthly Debt Service | $1,234 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay A Young • Bevis Realty
Mls Name: TBR
Mls Provider:
Mls ID: #385048
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.