2729 Masterson LnTallahasseeFL32311
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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 2729 Masterson Ln, Tallahassee, FL, 32311 priced at $379,400 pairs $2,934/mo rent with $416/mo cash flow after a $1,857/mo payment. Total monthly income equals $2,934/mo, and annual cash flow comes to $4,995/yr on $125,771 invested. Return on cash invested is 23.88% in year one, and rental yield stands at 9.28% on a $379,400 basis. Equity gained on principal adds $2,448/yr, and 5% annual appreciation accumulates to $104,821 by year five. Five-year ROI measures 124.75% and total cumulative return in cash reaches $156,904. For financing, Ziffy Mortgage’s DSCR program evaluates $2,934/mo property income against a $1,857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32311, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 6,245 (57.5%) |
| Renter Occupied HU | 3,985 (36.7%) |
| Vacant Housing Units | 624 ( 5.7%) |
| Median Home Value | $377,301 |
| Average Home Value | $404,625 |
Housing Distribution
Address Breakdown
Residential
10,306
Single Family
7,603
Multi-Family
2,703
Businesses
210
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Listed by: James Alley • Cynergy Real Estate Services,
Mls Name: TBR
Mls Provider:
Mls ID: #380609
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.