3608 Cagney 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 3608 Cagney Dr, Tallahassee, FL, 32309 priced at $249,500 pairs $2,328/mo rent with $672/mo cash flow after a $1,221/mo payment. Total monthly income equals $2,328/mo, and annual cash flow comes to $8,069/yr on $82,709 invested. Return on cash invested is 29.67% in year one, and rental yield stands at 11.2% on a $249,500 basis. Equity gained on principal adds $1,610/yr, and 5% annual appreciation accumulates to $68,932 by year five. Five-year ROI measures 155.76% and total cumulative return in cash reaches $128,829. For financing, Ziffy Mortgage’s DSCR program evaluates $2,328/mo property income against a $1,221/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1996
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: TBR
Mls Provider:
Mls ID: #374991
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.