6375 Thomasville RdTallahasseeFL32312
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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
Rental property for sale in Tallahassee at 6375 Thomasville Rd, Tallahassee, FL, 32312 generates $3,708/mo in rent, after a $3,323/mo payment. Total monthly income is $3,708/mo. Return on cash invested sits at 15.78% in year one, and rental yield is 6.55% on a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation builds toward $187,595 over five years. Five-year ROI reaches 81.24% and total cumulative return in cash sums $181,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,708/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32312, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 11,213 (81.3%) |
| Renter Occupied HU | 2,059 (14.9%) |
| Vacant Housing Units | 524 ( 3.8%) |
| Median Home Value | $462,180 |
| Average Home Value | $525,896 |
Housing Distribution
Address Breakdown
Residential
13,727
Single Family
12,909
Multi-Family
818
Businesses
495
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Listed by: Molly Corder • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls Provider:
Mls ID: #387934
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.