2541 Grubbs RdTallahasseeFL32305
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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
Rental property for sale in Tallahassee at 2541 Grubbs Rd, Tallahassee, FL, 32305 offers $1,650/mo rent that, after a $1,733/mo payment. Total monthly income is $1,650/mo. Return on cash invested measures 11.71% in year one, and rental yield stands at 5.59% at a $354,000 entry. Equity gained on principal adds $2,284/yr while 5% annual appreciation compounds into $97,804 by year five. Five-year ROI records 59.82% and total cumulative return in cash reaches $70,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,650/mo property income versus a $1,733/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
4.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Briana R Holley • Southern Oaks Real Estate
Mls Name: TBR
Mls Provider:
Mls ID: #387120
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.