7140 Towner TrceTallahasseeFL32312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7140 Towner Trce, Tallahassee, FL, 32312 earns $666/mo cash flow from $2,557/mo rent with a $1,395/mo payment. Total monthly income totals $2,557/mo, and annual cash flow totals $7,987/yr on $94,478 capital. ROI tracks 28.36% on current figures, and rental yield reads 10.77% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 148.77% and total cumulative return in cash sums $140,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,557/mo property income instead of your personal income.
Townhouse
Built in 1996
4,356 sqft 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: Natalie Mitchell • Engel & Vlkers Tallahassee
Mls Name: TBR
Mls ID: #394457