22534 Frances WayTallahasseeFL32310
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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 22534 Frances Way, Tallahassee, FL, 32310 with 5% annual appreciation on a $817,000 basis while $2,790/mo rent supports operations. 22% in year one. Equity gained on principal adds $5,272/yr, and five-year appreciation sums $225,722 alongside rental yield of 4.1%. Five-year ROI measures 40.75% and total cumulative return in cash totals $109,529. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,790/mo property income versus a $3,999/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
1.57 Acres lot
$N/A/sqft
$250 annually 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: Suzanne M McGhee • Mattox Realty, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #379038
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.