3808 Forsythe 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 3808 Forsythe Way, Tallahassee, FL, 32309 offers a 9.45% rental yield on a $390,000 purchase with $3,070/mo rent. Total monthly income registers $3,070/mo, and a $1,909/mo payment leaves $482/mo available for distribution. Annual cash flow reaches $5,781/yr on $129,285 to close, and return on cash invested stands at 24.38% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 127.41% and total cumulative return in cash at $164,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,070/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.44 Acres lot
$N/A/sqft
No HOA
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Listed by: Matt Hale • Capital City Real Estate Group
Mls Name: TBR
Mls Provider:
Mls ID: #384532
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.