2141 Poppy StTallahasseeFL32310
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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 2141 Poppy St, Tallahassee, FL, 32310 with 5% annual appreciation on a $164,900 basis while $1,543/mo rent supports operations. Total monthly income totals $1,543/mo and a $807/mo payment preserves $449/mo for cash returns. Annual cash flow comes to $5,386/yr on $54,664 deployed, and return on cash invested reaches 29.76% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 11.23%. Five-year ROI measures 156.28% and total cumulative return in cash totals $85,432.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,543/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
5,400 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: Mariela Bartens • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #374644
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.