3486 Colonnade 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 3486 Colonnade Dr, Tallahassee, FL, 32309 generates $2,815/mo in rent, after a $2,447/mo payment. Total monthly income is $2,815/mo. Return on cash invested sits at 14.76% in year one, and rental yield is 6.76% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 76.36% and total cumulative return in cash sums $126,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,815/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.34 Acres lot
$N/A/sqft
$150 annually HOA
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Listed by: Chelsey N Hough • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #389359
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