3304 Aqua Ridge WayTallahasseeFL32309
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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 3304 Aqua Ridge Way, Tallahassee, FL, 32309 uses $148,844 cash to close to unlock $4,199/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $3,592/mo, and a $2,198/mo payment keeps the spread at $350/mo. Purchase price stands at $449,000, and rental yield measures 9.6% with $3,592/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 119.32% and total cumulative return in cash records $177,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,592/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,662 sqft lot
$N/A/sqft
$150 annually HOA
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Listed by: James Hodges • Armor Realty, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #377370
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.