904 Chase Creek CirTallahasseeFL32311
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 904 Chase Creek Cir, Tallahassee, FL, 32311 with 5% annual appreciation on a $221,500 basis while $2,216/mo rent supports operations. Total monthly income totals $2,216/mo and a $1,084/mo payment preserves $733/mo for cash returns. Annual cash flow comes to $8,799/yr on $73,427 deployed, and return on cash invested reaches 31.89% in year one. Equity gained on principal adds $1,429/yr, and five-year appreciation sums $61,196 alongside rental yield of 12.01%. Five-year ROI measures 167.83% and total cumulative return in cash totals $123,230.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,216/mo property income versus a $1,084/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2008
3,920 sqft lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard LeBlanc • LEBLANC REALTY GROUP INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7868163
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511