4905 Vernon RdTallahasseeFL32317
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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 4905 Vernon Rd, Tallahassee, FL, 32317 earns $896/mo cash flow from $2,886/mo rent with a $1,468/mo payment. Total monthly income totals $2,886/mo, and annual cash flow totals $10,748/yr on $99,417 capital. ROI tracks 30.72% on current figures, and rental yield reads 11.55% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash sums $160,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,886/mo property income instead of your personal income.
Single Family
Built in 1977
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32317, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,036 (100%) |
| Owner Occupied HU | 5,221 (86.5%) |
| Renter Occupied HU | 652 (10.8%) |
| Vacant Housing Units | 163 ( 2.7%) |
| Median Home Value | $392,602 |
| Average Home Value | $426,789 |
Housing Distribution
Address Breakdown
Residential
6,068
Single Family
5,859
Multi-Family
209
Businesses
942
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Listed by: Amber E Renaud • The Nova Group Realty
Mls Name: TBR
Mls Provider:
Mls ID: #390191
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.