3033 Rain Valley CirTallahasseeFL32308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3033 Rain Valley Cir, Tallahassee, FL, 32308 in Tallahassee at $190,000 earns $1,455/mo in rent and nets $194/mo after the $854/mo payment, a 9.19% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,494 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $84,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $194 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,455 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1986
4,791 sqft lot
$N/A/sqft
No 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
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
Townhouse
Built in 1986
4,791 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: TBR
Mls ID: #397787