3042 Fermanagh 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
Investment property for sale in Tallahassee at 3042 Fermanagh Dr, Tallahassee, FL, 32309 earns from $3,840/mo rent with a $3,304/mo payment. Total monthly income totals $3,840/mo. ROI tracks 16.6% on current figures, and rental yield reads 6.83% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 85.68% and total cumulative return in cash sums $190,275. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1973
0.53 Acres lot
$N/A/sqft
No HOA
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Listed by: Carol D Cartee • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #394894