751 Violet StTallahasseeFL32308
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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 751 Violet St, Tallahassee, FL, 32308 with 5% annual appreciation on a $390,000 basis while $2,730/mo rent supports operations. Total monthly income totals $2,730/mo and a $1,909/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,701/yr on $129,285 deployed, and return on cash invested reaches 21.22% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 8.4%. Five-year ROI measures 110.49% and total cumulative return in cash totals $142,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,730/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32308, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,408 (100%) |
| Owner Occupied HU | 6,012 (48.5%) |
| Renter Occupied HU | 5,451 (43.9%) |
| Vacant Housing Units | 945 ( 7.6%) |
| Median Home Value | $377,340 |
| Average Home Value | $429,502 |
Housing Distribution
Address Breakdown
Residential
11,653
Single Family
8,949
Multi-Family
2,704
Businesses
1,528
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Listed by: Margaret A Price • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls ID: #394753