2920 Edenderry DrTallahasseeFL32309
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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
Investment property for sale in Tallahassee at 2920 Edenderry Dr, Tallahassee, FL, 32309 offers a 9.66% rental yield on a $430,000 purchase with $3,462/mo rent. Total monthly income registers $3,462/mo, and a $2,105/mo payment leaves $596/mo available for distribution. Annual cash flow reaches $7,147/yr on $142,545 to close, and return on cash invested stands at 24.92% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 130.36% and total cumulative return in cash at $185,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,462/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.47 Acres lot
$N/A/sqft
$150 annually HOA
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Listed by: Martin Chavez • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #387000
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.