3296 Sugar Berry WayTallahasseeFL32303
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 3296 Sugar Berry Way, Tallahassee, FL, 32303 uses $67,958 cash to close to unlock $14,792/yr annual cash flow and $1,233/mo monthly cash flow. Total monthly income runs $2,672/mo, and a $1,003/mo payment keeps the spread at $1,233/mo. Purchase price stands at $205,000, and rental yield measures 15.64% with $2,672/mo rent. Return on cash invested shows 41.68% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 220.66% and total cumulative return in cash records $149,958. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,672/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
2,613 sqft lot
$N/A/sqft
$21 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shervin Ighani • Xcellence Realty Independent, Inc.
Mls Name: My State MLS
Mls ID: #11289979