4891 Pimlico Dr,Tallahassee,FL,32309

Investment Highlights

Investment property for sale in Tallahassee at 4891 Pimlico Dr, Tallahassee, FL, 32309 offers a 9.04% rental yield on a $335,000 purchase with $2,524/mo rent. Total monthly income registers $2,524/mo, and a $1,640/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,606/yr on $111,053 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 120.85% and total cumulative return in cash at $134,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,524/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.