2514 Lindsey CtTallahasseeFL32310
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
Rental property for sale in Tallahassee at 2514 Lindsey Ct, Tallahassee, FL, 32310 priced at $260,000 converts $2,100/mo rent into $183/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $2,197/yr on $86,190 invested. Return on cash invested prints 22.46% in year one, and rental yield reads 9.69% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 118.13% and total cumulative return in cash sums $101,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Hope Gaines • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #380067
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.