8555 Congressional DrTallahasseeFL32312
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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 8555 Congressional Dr, Tallahassee, FL, 32312 priced at $780,000 converts $4,104/mo rent into after a $3,818/mo obligation. Total monthly income equals $4,104/mo. Return on cash invested prints 15.05% in year one, and rental yield reads 6.31% against a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,500 by year five. Five-year ROI reaches 77.32% and total cumulative return in cash sums $198,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,104/mo property income covering a $3,818/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.77 Acres 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: DeAna Herndon • EXP Realty, LLC
Mls Name: TBR
Mls ID: #393428