3260 Thoreau AveTallahasseeFL32311
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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 3260 Thoreau Ave, Tallahassee, FL, 32311 listed at $665,000 pairs $3,761/mo rent with a $3,255/mo payment. Total monthly income runs $3,761/mo. Return on cash invested measures 16.48% in year one, and rental yield registers 6.79% at a $665,000 basis. Equity gained on principal adds $4,291/yr, and annual property appreciation at 5% supports $183,727 by year five. Five-year ROI tracks 85.03% and total cumulative return in cash totals $186,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,761/mo property income relative to a $3,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
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Listed by: Michael J Criswell • The Naumann Group Real Estate
Mls Name: TBR
Mls ID: #394852