3430 Plowshare RdTallahasseeFL32309
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
Rental property for sale in Tallahassee at 3430 Plowshare Rd, Tallahassee, FL, 32309 priced at $379,900 converts $4,945/mo rent into $2,424/mo cash flow after a $1,859/mo obligation. Total monthly income equals $4,945/mo, and annual cash flow totals $29,092/yr on $125,937 invested. Return on cash invested prints 43.01% in year one, and rental yield reads 15.62% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 227.33% and total cumulative return in cash sums $286,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,945/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Lunt • Lunt Realty, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #376412
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.