323 Milestone DrTallahasseeFL32312
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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 323 Milestone Dr, Tallahassee, FL, 32312 listed at $562,500 pairs $4,156/mo rent with a $2,753/mo payment to leave $349/mo cash flow. Total monthly income runs $4,156/mo, and annual cash flow reaches $4,193/yr on $185,063 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 8.87% at a $562,500 basis. Equity gained on principal adds $3,630/yr, and annual property appreciation at 5% supports $155,408 by year five. Five-year ROI tracks 116.54% and total cumulative return in cash totals $215,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,156/mo property income relative to a $2,753/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.56 Acres lot
$N/A/sqft
$200 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
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Listed by: Elizabeth Ekk • Ekk Realty Group
Mls Name: TBR
Mls Provider:
Mls ID: #388393
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.