4029 Colleton CtTallahasseeFL32311
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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 4029 Colleton Ct, Tallahassee, FL, 32311 earns from $1,947/mo rent with a $1,341/mo payment. Total monthly income totals $1,947/mo. ROI tracks 13.24% on current figures, and rental yield reads 8.53% at a $274,000 purchase. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 over five years. Five-year ROI reaches 70.74% and total cumulative return in cash sums $64,257. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,947/mo property income instead of your personal income.
Townhouse
Built in 2002
2,178 sqft lot
$N/A/sqft
$475 monthly 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: Rimma Pennington • GREAT HOMES REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8378056
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511