3410 Laura StTallahasseeFL32305
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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
Rental property for sale in Tallahassee at 3410 Laura St, Tallahassee, FL, 32305 generates $1,129/mo in rent and, after a $734/mo payment, leaves $134/mo in cash flow. Total monthly income is $1,129/mo, and annual cash flow is $1,607/yr on $49,692 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.04% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 120.79% and total cumulative return in cash sums $60,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,129/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
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Listed by: Bert S Pope • Bert Pope Realty, LLC
Mls Name: TBR
Mls ID: #387012