2605 Cotuit LnTallahasseeFL32309
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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 2605 Cotuit Ln, Tallahassee, FL, 32309 generates $2,508/mo in rent and, after a $1,566/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,508/mo, and annual cash flow is $2,638/yr on $106,080 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 9.4% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 117.45% and total cumulative return in cash sums $124,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,508/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
4,791 sqft lot
$N/A/sqft
$490 annually HOA
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Listed by: Kristin Rising • Tally Property Management, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #382287
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.