1512 Harbor Club DrTallahasseeFL32308
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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 1512 Harbor Club Dr, Tallahassee, FL, 32308 priced at $330,000 converts $2,826/mo rent into $371/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,826/mo, and annual cash flow totals $4,458/yr on $109,395 invested. Return on cash invested prints 23.98% in year one, and rental yield reads 10.28% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 126.34% and total cumulative return in cash sums $138,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
5,662 sqft lot
$N/A/sqft
$920 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: Jim M Butler • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #385699
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.