231 Wilson Green BlvdTallahasseeFL32305
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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 231 Wilson Green Blvd, Tallahassee, FL, 32305 uses $71,273 cash to close to unlock $3,306/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,722/mo, and a $1,052/mo payment keeps the spread at $276/mo. Purchase price stands at $215,000, and rental yield measures 9.61% with $1,722/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 128.45% and total cumulative return in cash records $91,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,722/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Lasheriny Word • Word & Company Realty
Mls Name: TBR
Mls Provider:
Mls ID: #375854
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.