313 Johnston StTallahasseeFL32303
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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
Total monthly income runs $1,993/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 6.21% with $1,993/mo rent. Return on cash invested shows 14.63% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 75.13% and total cumulative return in cash records $95,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,993/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1927
8,712 sqft lot
$N/A/sqft
No 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: Harry M Elwell • NAI TALCOR Commercial
Mls Name: TBR
Mls Provider:
Mls ID: #376578
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.