3370 Lake Run 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
Rental property for sale in Tallahassee at 3370 Lake Run Dr, Tallahassee, FL, 32309 generates $3,158/mo in rent, after a $3,035/mo payment. Total monthly income is $3,158/mo. Return on cash invested sits at 13.91% in year one, and rental yield is 6.11% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 71.43% and total cumulative return in cash sums $145,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,158/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.35 Acres lot
$N/A/sqft
$550 annually HOA
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Listed by: Kathy Chitty • Ketcham Realty Group, Inc.
Mls Name: TBR
Mls Provider:
Mls ID: #386808
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