Tallahassee, FL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.0%

Below average

Monthly Cash Flow

-$344

After all expenses

Price-to-Rent

12.2

Investor-friendly

DSCR

0.79

Fails

📊 Key Metrics

Median Home Price
$287,099
Average Rent (3BR)
$1,815/mo
Price-to-Rent Ratio
12.2(good)
1% Rule
0.68%(fails — need 1%+)
Cash-on-Cash Return
-5.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Tallahassee for Investors

32304
Cap Rate: 8.1%Cash Flow: +$234/mo$168,474
32301
Cap Rate: 6.8%Cash Flow: +$69/mo$207,625
32310
Cap Rate: 6.2%Cash Flow: -$35/mo$181,612

All Zip Codes in Tallahassee

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
323048.1%+$234$168,474$1,670/mo1.26
323016.8%+$69$207,625$1,790/mo1.06
323106.2%-$35$181,612$1,450/mo0.96
323055.7%-$116$197,253$1,480/mo0.89
323035.7%-$143$241,513$1,810/mo0.89
323114.4%-$545$332,686$2,070/mo0.69
323083.6%-$786$338,126$1,820/mo0.56
323173.3%-$1,059$410,214$2,080/mo0.52
323123.1%-$1,248$455,287$2,220/mo0.49
323093.0%-$1,140$397,865$1,880/mo0.46