2008 Sheridan RdTallahasseeFL32303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2008 Sheridan Rd, Tallahassee, FL, 32303 earns $279/mo cash flow from $1,738/mo rent with a $1,076/mo payment. Total monthly income totals $1,738/mo, and annual cash flow totals $3,348/yr on $72,897 capital. ROI tracks 24.5% on current figures, and rental yield reads 9.48% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 128.13% and total cumulative return in cash sums $93,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,738/mo property income instead of your personal income.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32303, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,147 (100%) |
| Owner Occupied HU | 11,585 (50.0%) |
| Renter Occupied HU | 9,782 (42.3%) |
| Vacant Housing Units | 1,780 ( 7.7%) |
| Median Home Value | $289,980 |
| Average Home Value | $349,236 |
Housing Distribution
Address Breakdown
Residential
22,352
Single Family
19,528
Multi-Family
2,824
Businesses
1,781
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ziggy Dantzler • Superior Realty Group LLC
Mls Name: TBR
Mls ID: #394391