8145 Turkey Oak CtTallahasseeFL32305
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
Rental property for sale in Tallahassee at 8145 Turkey Oak Ct, Tallahassee, FL, 32305 generates $2,017/mo in rent and, after a $739/mo payment, leaves $1,001/mo in cash flow. Total monthly income is $2,017/mo, and annual cash flow is $12,011/yr on $50,057 invested. Return on cash invested sits at 43.9% in year one, and rental yield is 16.03% on a $151,000 entry. Equity gained on principal adds $974/yr, while 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 232.24% and total cumulative return in cash sums $116,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,017/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32305, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,904 (100%) |
| Owner Occupied HU | 5,307 (59.6%) |
| Renter Occupied HU | 2,774 (31.2%) |
| Vacant Housing Units | 823 ( 9.2%) |
| Median Home Value | $176,189 |
| Average Home Value | $279,668 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
7,766
Multi-Family
566
Businesses
300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Glover • Bulldog Properties, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #387513
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.