2965 Shamrock St N APT K40TallahasseeFL32309
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2965 Shamrock St N APT K40, Tallahassee, FL, 32309 in Tallahassee delivers $1,884/mo in gross rent and $224/mo in net monthly income at a $229,000 entry. The 9.87% yield and 1.83 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $63,268 over five years and $2,109/yr in equity from loan paydown, total projected return is $102,354.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.5% |
| Monthly Cash Flow | $224 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,884 |
| Total Monthly Debt Service | $1,569 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1978
1,306 sqft lot
$N/A/sqft
$1,680 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1978
1,306 sqft lot
$N/A/sqft
$1,680 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Hansen • Frog Real Estate Company, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #379186
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