416 Flagler StTallahasseeFL32301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 416 Flagler St, Tallahassee, FL, 32301 in Tallahassee hard to pass up. The 12.3% gross yield on a $155,000 purchase results in $1,589/mo in rent and $560/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.28). Annual cash flow of $6,725, five-year appreciation of $42,824, and $1,428/yr in equity build-up combine for a projected total cumulative return of $95,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.5% |
| Monthly Cash Flow | $560 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,589 |
| Total Monthly Debt Service | $967 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
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
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32301, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,100 (100%) |
| Owner Occupied HU | 4,657 (27.2%) |
| Renter Occupied HU | 10,397 (60.8%) |
| Vacant Housing Units | 2,046 (12.0%) |
| Median Home Value | $263,068 |
| Average Home Value | $330,301 |
Housing Distribution
Address Breakdown
Residential
14,157
Single Family
9,547
Multi-Family
4,610
Businesses
1,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie Perkins • Coldwell Banker Hartung
Mls Name: TBR
Mls ID: #393637