1152 Alachua AveTallahasseeFL32308
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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 1152 Alachua Ave, Tallahassee, FL, 32308 at $257,000 posts ROI 24.85% with $351/mo cash flow from $2,147/mo rent. Total monthly income equals $2,147/mo, and annual cash flow records $4,210/yr on $85,196 to close. Return on cash invested measures 24.85% and rental yield reads 10.02% at the current $257,000. Equity gained on principal adds $1,658/yr, and 5% annual appreciation supports $71,004 by year five. Five-year ROI prints 130.39% and total cumulative return in cash totals $111,084.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32308, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,408 (100%) |
| Owner Occupied HU | 6,012 (48.5%) |
| Renter Occupied HU | 5,451 (43.9%) |
| Vacant Housing Units | 945 ( 7.6%) |
| Median Home Value | $377,340 |
| Average Home Value | $429,502 |
Housing Distribution
Address Breakdown
Residential
11,653
Single Family
8,949
Multi-Family
2,704
Businesses
1,528
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Listed by: Jesse L Jones • 850 Realty, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #375755
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.