2814 Royal Isle DrTallahasseeFL32312
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
Investment property for sale in Tallahassee at 2814 Royal Isle Dr, Tallahassee, FL, 32312 earns from $5,470/mo rent with a $4,209/mo payment. Total monthly income totals $5,470/mo. ROI tracks 18.46% on current figures, and rental yield reads 7.63% at a $860,000 purchase. Equity gained on principal adds $5,549/yr, and 5% annual appreciation supports $237,602 over five years. Five-year ROI reaches 95.84% and total cumulative return in cash sums $271,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,470/mo property income instead of your personal income.
Single Family
Built in 1999
0.72 Acres lot
$N/A/sqft
$906 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32312, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 11,213 (81.3%) |
| Renter Occupied HU | 2,059 (14.9%) |
| Vacant Housing Units | 524 ( 3.8%) |
| Median Home Value | $462,180 |
| Average Home Value | $525,896 |
Housing Distribution
Address Breakdown
Residential
13,727
Single Family
12,909
Multi-Family
818
Businesses
495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikky Manausa • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls Provider:
Mls ID: #386817
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.