3232 Albert 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 3232 Albert Dr, Tallahassee, FL, 32309 with 5% annual appreciation on a $214,900 basis while $1,849/mo rent supports operations. Total monthly income totals $1,849/mo and a $1,052/mo payment preserves $331/mo for cash returns. Annual cash flow comes to $3,977/yr on $71,239 deployed, and return on cash invested reaches 25.49% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,373 alongside rental yield of 10.32%. Five-year ROI measures 133.97% and total cumulative return in cash totals $95,442.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,849/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1983
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David P Rossetti • Exit Realty Cafe
Mls Name: TBR
Mls Provider:
Mls ID: #377222
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.