1233 Tapley TrlTallahasseeFL32311
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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 1233 Tapley Trl, Tallahassee, FL, 32311 earns from $2,359/mo rent with a $1,757/mo payment. Total monthly income totals $2,359/mo. ROI tracks 19.67% on current figures, and rental yield reads 7.89% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $121,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
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Listed by: Karen Ann Ward • Bluewater Realty Group
Mls Name: TBR
Mls ID: #393445