111 S Gadsden St APT ATallahasseeFL32301
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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 111 S Gadsden St APT A, Tallahassee, FL, 32301 generates $3,645/mo in rent and, after a $2,607/mo payment, leaves $110/mo in cash flow. Total monthly income is $3,645/mo, and annual cash flow is $1,325/yr on $175,225 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 8.21% on a $532,600 entry. Equity gained on principal adds $3,437/yr, while 5% annual appreciation builds toward $147,148 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash sums $189,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,645/mo property income rather than buyer’s personal income.
Townhouse
Built in 1982
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
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