1631 McCaskill AveTallahasseeFL32310
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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 1631 McCaskill Ave, Tallahassee, FL, 32310 earns $548/mo cash flow from $1,311/mo rent with a $563/mo payment. Total monthly income totals $1,311/mo, and annual cash flow totals $6,573/yr on $38,123 capital. ROI tracks 37.15% on current figures, and rental yield reads 13.68% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 195.91% and total cumulative return in cash sums $74,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,311/mo property income instead of your personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32310, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,359 (100%) |
| Owner Occupied HU | 3,341 (40.0%) |
| Renter Occupied HU | 3,847 (46.0%) |
| Vacant Housing Units | 1,171 (14.0%) |
| Median Home Value | $214,020 |
| Average Home Value | $279,575 |
Housing Distribution
Address Breakdown
Residential
6,808
Single Family
6,155
Multi-Family
653
Businesses
397
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Listed by: Ric Hollifield • Hollifield Real Estate Group
Mls Name: TBR
Mls ID: #391810