2916 Quail Rise CtTallahasseeFL32309
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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 2916 Quail Rise Ct, Tallahassee, FL, 32309 priced at $550,000 converts $3,838/mo rent into $163/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,838/mo, and annual cash flow totals $1,957/yr on $180,950 invested. Return on cash invested prints 21.14% in year one, and rental yield reads 8.37% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 110.08% and total cumulative return in cash sums $199,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,838/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.69 Acres lot
$N/A/sqft
$300 annually HOA
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Listed by: Hettie R Spooner • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls Provider:
Mls ID: #379325
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