3024 Shamrock STallahasseeFL32309
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3024 Shamrock S, Tallahassee, FL, 32309 in Tallahassee is a solid income-producing rental, 8.91% gross yield, $3,528/mo rent, $346/mo net cash flow on a $475,000 buy. DSCR 1.65 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $131,234 and $4,375/yr in principal reduction project a total cumulative return of $203,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.5% |
| Monthly Cash Flow | $346 | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,528 |
| Total Monthly Debt Service | $2,993 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1976
0.66 Acres lot
$N/A/sqft
$150 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
Single Family
Built in 1976
0.66 Acres lot
$N/A/sqft
$150 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.