16957 Lake Christiana CtTallahasseeFL32310
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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 16957 Lake Christiana Ct, Tallahassee, FL, 32310 priced at $239,000 pairs $2,084/mo rent with $498/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,084/mo, and annual cash flow comes to $5,973/yr on $79,229 invested. Return on cash invested is 27.45% in year one, and rental yield stands at 10.46% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 143.86% and total cumulative return in cash reaches $113,976. For financing, Ziffy Mortgage’s DSCR program evaluates $2,084/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
3.35 Acres 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: Robyn P Yant • Paul Lizet Realty Group, LLC
Mls Name: TBR
Mls ID: #394225