4214 Eire 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
Investment property for sale in Tallahassee at 4214 Eire St, Tallahassee, FL, 32305 listed at $194,900 pairs $1,669/mo rent with a $954/mo payment to leave $376/mo cash flow. Total monthly income runs $1,669/mo, and annual cash flow reaches $4,507/yr on $64,609 cash to close. Return on cash invested measures 26.88% in year one, and rental yield registers 10.28% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 140.84% and total cumulative return in cash totals $90,999. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,669/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.54 Acres 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: Karen Ann Ward • Bluewater Realty Group
Mls Name: TBR
Mls ID: #391134