3162 Corrib DrTallahasseeFL32309
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
Investment Highlights
Investment property for sale in Tallahassee at 3162 Corrib Dr, Tallahassee, FL, 32309 listed at $465,000 pairs $2,934/mo rent with a $2,276/mo payment. Total monthly income runs $2,934/mo. Return on cash invested measures 18.73% in year one, and rental yield registers 7.57% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 97.11% and total cumulative return in cash totals $149,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,934/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.53 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trecie Leachman • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls ID: #389451