2959 Bay Shore Dr,Tallahassee,FL,32309

Investment Highlights

Investment property for sale in Tallahassee at 2959 Bay Shore Dr, Tallahassee, FL, 32309 offers a 9.77% rental yield on a $317,000 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,552/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,711/yr on $105,086 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $2,046/yr while 5% annual appreciation supports $87,581 over five years. Portfolio math shows five-year ROI at 132.56% and total cumulative return in cash at $139,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,552/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.