1577 Metropolitan Blvd #3TallahasseeFL32308
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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 1577 Metropolitan Blvd #3, Tallahassee, FL, 32308 listed at $449,880 pairs $2,164/mo rent with a $2,202/mo payment. Total monthly income runs $2,164/mo. Return on cash invested measures 13.3% in year one, and rental yield registers 5.77% at a $449,880 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,294 by year five. Five-year ROI tracks 67.99% and total cumulative return in cash totals $101,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,164/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
0.66 Acres 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: Zhongli Wang • Sunflower Real Estate LLC
Mls Name: TBR
Mls Provider:
Mls ID: #373899
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.