2525 Hartsfield Rd #24TallahasseeFL32303
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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 2525 Hartsfield Rd #24, Tallahassee, FL, 32303 uses $48,068 cash to close to unlock $10,494/yr annual cash flow and $875/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $710/mo payment keeps the spread at $875/mo. Purchase price stands at $145,000, and rental yield measures 17.36% with $2,098/mo rent. Return on cash invested shows 41.74% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 222.9% and total cumulative return in cash records $107,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 2002
871.20 sqft lot
$N/A/sqft
$2,460 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: Kristina Dove • EXP Realty, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #389116
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.