2347 Lake Hall RdTallahasseeFL32309
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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 2347 Lake Hall Rd, Tallahassee, FL, 32309 priced at $649,900 pairs $3,236/mo rent with after a $3,181/mo payment. Total monthly income equals $3,236/mo. Return on cash invested is 11.55% in year one, and rental yield stands at 5.98% on a $649,900 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,555 by year five. Five-year ROI measures 59.46% and total cumulative return in cash reaches $127,146. For financing, Ziffy Mortgage’s DSCR program evaluates $3,236/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,534 sqft lot
$N/A/sqft
$3,300 annually HOA
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Listed by: JJ Whetsel • Midtown Brokers Realty, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #384730
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.