246 Intrepid CtTallahasseeFL32312
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 246 Intrepid Ct, Tallahassee, FL, 32312 at $420,000 posts ROI 20.64% with $85/mo cash flow from $2,872/mo rent. Total monthly income equals $2,872/mo, and annual cash flow records $1,014/yr on $139,230 to close. Return on cash invested measures 20.64% and rental yield reads 8.21% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 107.35% and total cumulative return in cash totals $149,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32312, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 11,213 (81.3%) |
| Renter Occupied HU | 2,059 (14.9%) |
| Vacant Housing Units | 524 ( 3.8%) |
| Median Home Value | $462,180 |
| Average Home Value | $525,896 |
Housing Distribution
Address Breakdown
Residential
13,727
Single Family
12,909
Multi-Family
818
Businesses
495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth L Yon • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #394441