This 3-bed, 1.5-bath single-family home in Tallahassee offers solid rental potential. With 945 sqft on a spacious 0.18-acre lot, it could yield $1,212-$1,700 monthly rent based on local comps. Recently appraised at $130K but listed at $80K, it presents an opportunity to add value through renovations. The Griffin College Heights location near universities is favorable for attracting tenants.
Consider purchasing and renovating to maximize rental income. Focus on kitchen and bathroom updates to justify higher rents. Market to students/young professionals, highlighting the convenient location. Add features like in-unit laundry or outdoor living space to stand out. Aim for a purchase price under $100K to ensure strong cash flow and ROI potential.