754 Gold Nugget TrlTallahasseeFL32304
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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 754 Gold Nugget Trl, Tallahassee, FL, 32304 priced at $154,000 converts $1,512/mo rent into $490/mo cash flow after a $754/mo obligation. Total monthly income equals $1,512/mo, and annual cash flow totals $5,877/yr on $51,051 invested. Return on cash invested prints 31.42% in year one, and rental yield reads 11.78% against a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation compiles into $42,547 by year five. Five-year ROI reaches 165.18% and total cumulative return in cash sums $84,326. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,512/mo property income covering a $754/mo payment, not borrower’s personal income.
Townhouse
Built in 1990
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32304, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,529 (100%) |
| Owner Occupied HU | 2,683 (10.9%) |
| Renter Occupied HU | 18,172 (74.1%) |
| Vacant Housing Units | 3,674 (15.0%) |
| Median Home Value | $178,435 |
| Average Home Value | $231,156 |
Housing Distribution
Address Breakdown
Residential
12,996
Single Family
10,156
Multi-Family
2,840
Businesses
904
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Listed by: Steven Koleno • BEYCOME OF FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6351207