3229 Hester 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 3229 Hester Dr, Tallahassee, FL, 32309 listed at $270,000 pairs $2,138/mo rent with a $1,322/mo payment to leave $244/mo cash flow. Total monthly income runs $2,138/mo, and annual cash flow reaches $2,923/yr on $89,505 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 9.5% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 121.44% and total cumulative return in cash totals $108,697. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,138/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Paul Fenstermaker • Fenstermaker & Associates Real
Mls Name: TBR
Mls Provider:
Mls ID: #386908
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