2560 Centerville Ct #11TallahasseeFL32308
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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 2560 Centerville Ct #11, Tallahassee, FL, 32308 at $200,000 posts ROI 20.01% with $6/mo cash flow from $1,503/mo rent. Total monthly income equals $1,503/mo, and annual cash flow records $68/yr on $66,300 to close. Return on cash invested measures 20.01% and rental yield reads 9.02% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 105.12% and total cumulative return in cash totals $69,692.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,503/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2001
1,306 sqft lot
$N/A/sqft
$2,040 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32308, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,408 (100%) |
| Owner Occupied HU | 6,012 (48.5%) |
| Renter Occupied HU | 5,451 (43.9%) |
| Vacant Housing Units | 945 ( 7.6%) |
| Median Home Value | $377,340 |
| Average Home Value | $429,502 |
Housing Distribution
Address Breakdown
Residential
11,653
Single Family
8,949
Multi-Family
2,704
Businesses
1,528
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Listed by: Marylou Johnston • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #380347
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.