1187 Braemore WayTallahasseeFL32308
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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 1187 Braemore Way, Tallahassee, FL, 32308 with 5% annual appreciation on a $619,000 basis while $4,170/mo rent supports operations. Equity gained on principal adds $3,994/yr, and five-year appreciation sums $171,018 alongside rental yield of 8.08%. Five-year ROI measures 89.04% and total cumulative return in cash totals $181,333. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,170/mo property income versus a $3,030/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
3,484 sqft lot
$N/A/sqft
$3,871 annually 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: Stacie Spears Dixon • The Naumann Group Real Estate
Mls Name: TBR
Mls Provider:
Mls ID: #375896
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.