1205 Clay StTallahasseeFL32304
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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 1205 Clay St, Tallahassee, FL, 32304 listed at $113,500 pairs $886/mo rent with a $556/mo payment to leave $79/mo cash flow. Total monthly income runs $886/mo, and annual cash flow reaches $950/yr on $37,625 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 9.37% at a $113,500 basis. Equity gained on principal adds $732/yr, and annual property appreciation at 5% supports $31,358 by year five. Five-year ROI tracks 117.7% and total cumulative return in cash totals $44,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $886/mo property income relative to a $556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32304, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,529 (100%) |
| Owner Occupied HU | 2,683 (10.9%) |
| Renter Occupied HU | 18,172 (74.1%) |
| Vacant Housing Units | 3,674 (15.0%) |
| Median Home Value | $178,435 |
| Average Home Value | $231,156 |
Housing Distribution
Address Breakdown
Residential
12,996
Single Family
10,156
Multi-Family
2,840
Businesses
904
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Listed by: Sean Crosier • Homepie, Inc
Mls Name: My State MLS
Mls ID: #11432916