4766 Preston Johnson RdTallahasseeFL32310
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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 4766 Preston Johnson Rd, Tallahassee, FL, 32310 listed at $239,000 pairs $2,010/mo rent with a $1,170/mo payment to leave $424/mo cash flow. Total monthly income runs $2,010/mo, and annual cash flow reaches $5,085/yr on $79,229 cash to close. Return on cash invested measures 26.33% in year one, and rental yield registers 10.09% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 137.86% and total cumulative return in cash totals $109,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,010/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32310, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,359 (100%) |
| Owner Occupied HU | 3,341 (40.0%) |
| Renter Occupied HU | 3,847 (46.0%) |
| Vacant Housing Units | 1,171 (14.0%) |
| Median Home Value | $214,020 |
| Average Home Value | $279,575 |
Housing Distribution
Address Breakdown
Residential
6,808
Single Family
6,155
Multi-Family
653
Businesses
397
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Listed by: Fay Armstrong • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #395184