2027 Continental AveTallahasseeFL32304
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2027 Continental Ave, Tallahassee, FL, 32304 in Tallahassee speaks for itself: 13.98% gross on a $189,900 price, generating $2,213/mo in rent and $853/mo in net income after the $854/mo debt service. DSCR 2.59, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,237 stacks alongside $52,466 in projected five-year appreciation and $1,749/yr in principal reduction. Projected total cumulative return: $127,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.5% |
| Monthly Cash Flow | $853 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,213 |
| Total Monthly Debt Service | $1,284 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
N/A lot
$N/A/sqft
$43 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32304, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,529 (100%) |
| Owner Occupied HU | 2,683 (10.9%) |
| Renter Occupied HU | 18,172 (74.1%) |
| Vacant Housing Units | 3,674 (15.0%) |
| Median Home Value | $178,435 |
| Average Home Value | $231,156 |
Housing Distribution
Address Breakdown
Residential
12,996
Single Family
10,156
Multi-Family
2,840
Businesses
904
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
Single Family
Built in 1983
N/A lot
$N/A/sqft
$43 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32304, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,529 (100%) |
| Owner Occupied HU | 2,683 (10.9%) |
| Renter Occupied HU | 18,172 (74.1%) |
| Vacant Housing Units | 3,674 (15.0%) |
| Median Home Value | $178,435 |
| Average Home Value | $231,156 |
Housing Distribution
Address Breakdown
Residential
12,996
Single Family
10,156
Multi-Family
2,840
Businesses
904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices