3024 Shamrock STallahasseeFL32309
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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 3024 Shamrock S, Tallahassee, FL, 32309 priced at $475,000 pairs $3,528/mo rent with $346/mo cash flow after a $2,325/mo payment. Total monthly income equals $3,528/mo, and annual cash flow comes to $4,149/yr on $157,463 invested. Return on cash invested is 22.54% in year one, and rental yield stands at 8.91% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 117.63% and total cumulative return in cash reaches $185,227. For financing, Ziffy Mortgage’s DSCR program evaluates $3,528/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.66 Acres lot
$N/A/sqft
$150 annually HOA
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Listed by: Bonnie S Scott-Walls • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #384655
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.