2998 Cranbrooke 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
Rental property for sale in Tallahassee at 2998 Cranbrooke Dr, Tallahassee, FL, 32309 generates $2,693/mo in rent and, after a $1,659/mo payment, leaves $444/mo in cash flow. Total monthly income is $2,693/mo, and annual cash flow is $5,323/yr on $112,379 invested. Return on cash invested sits at 24.65% in year one, and rental yield is 9.53% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 128.84% and total cumulative return in cash sums $144,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,693/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Beth A Allen • R. J. Allen & Associates, Inc.
Mls Name: TBR
Mls ID: #388723