2074 Victory Garden LnTallahasseeFL32301
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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 2074 Victory Garden Ln, Tallahassee, FL, 32301 priced at $199,900 converts $1,574/mo rent into $240/mo cash flow after a $978/mo obligation. Total monthly income equals $1,574/mo, and annual cash flow totals $2,883/yr on $66,267 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.45% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 126.85% and total cumulative return in cash sums $84,061. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,574/mo property income covering a $978/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
7,405 sqft lot
$N/A/sqft
$91 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
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Listed by: Kelly H Vinson • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #384016
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.