2467 Tippecanoe RdgTallahasseeFL32303
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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 2467 Tippecanoe Rdg, Tallahassee, FL, 32303 with 5% annual appreciation on a $340,000 basis while $4,024/mo rent supports operations. Total monthly income totals $4,024/mo and a $1,664/mo payment preserves $1,755/mo for cash returns. Annual cash flow comes to $21,064/yr on $112,710 deployed, and return on cash invested reaches 38.6% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 14.2%. Five-year ROI measures 203.72% and total cumulative return in cash totals $229,614.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,024/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32303, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,147 (100%) |
| Owner Occupied HU | 11,585 (50.0%) |
| Renter Occupied HU | 9,782 (42.3%) |
| Vacant Housing Units | 1,780 ( 7.7%) |
| Median Home Value | $289,980 |
| Average Home Value | $349,236 |
Housing Distribution
Address Breakdown
Residential
22,352
Single Family
19,528
Multi-Family
2,824
Businesses
1,781
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Listed by: Amber M Miller • Golden Properties & Investment
Mls Name: TBR
Mls Provider:
Mls ID: #375175
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.