2738 W Tharpe St, Apt 2505, Tallahassee, FL 32303

Tallahassee, FL 32303 · 3 bd · 3 ba · 1,209 sqft · Condo · 46 days on market

The math, in full

Asking price: $144,000
Down payment (15%): $21,600
Loan amount: $122,400
Est. monthly rent: $1,600/mo; Range $1,360 to $1,840/mo
Monthly payment, all-in: $1,408/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.14; $1,600 rent ÷ $1,408 payment
Monthly cashflow: +$192/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 32303, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$21,600

15% down on $144,000

Your local lender

View →

No credit pull. No obligation. A loan officer confirms real terms within one business day.

Screened against real lending criteria. This one fits 2 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

Not the one? Browse more in FL →

Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.