24112 Lone Star RdTallahasseeFL32310
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
Investment Highlights
Investment property for sale in Tallahassee at 24112 Lone Star Rd, Tallahassee, FL, 32310 earns $87/mo cash flow from $1,481/mo rent with a $1,028/mo payment. Total monthly income totals $1,481/mo, and annual cash flow totals $1,047/yr on $69,615 capital. ROI tracks 21.41% on current figures, and rental yield reads 8.46% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 111.53% and total cumulative return in cash sums $77,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 1963
0.37 Acres 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: Daniel P Neall • Ketcham Realty Group, Inc.
Mls Name: TBR
Mls ID: #394292