686 Stonehouse RdTallahasseeFL32301
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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 686 Stonehouse Rd, Tallahassee, FL, 32301 uses $122,655 cash to close to unlock $1,235/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $2,587/mo, and a $1,811/mo payment keeps the spread at $103/mo. Purchase price stands at $370,000, and rental yield measures 8.39% with $2,587/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 108.92% and total cumulative return in cash records $133,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,587/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.25 Acres 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
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Listed by: Anil Kabani • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #391540
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.