2602 Killarney WayTallahasseeFL32309
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 2602 Killarney Way, Tallahassee, FL, 32309 with 5% annual appreciation on a $550,000 basis while $4,217/mo rent supports operations. Total monthly income totals $4,217/mo and a $2,692/mo payment preserves $555/mo for cash returns. Annual cash flow comes to $6,655/yr on $180,950 deployed, and return on cash invested reaches 23.74% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 9.2%. Five-year ROI measures 123.96% and total cumulative return in cash totals $224,314.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,217/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.73 Acres lot
$N/A/sqft
$150 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blair J LaPete • Superior Realty Group LLC
Mls Name: TBR
Mls Provider:
Mls ID: #375402
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.