5019 Mint Hill CtTallahasseeFL32309
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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 5019 Mint Hill Ct, Tallahassee, FL, 32309 priced at $247,000 pairs $1,899/mo rent with $237/mo cash flow after a $1,209/mo payment. Total monthly income equals $1,899/mo, and annual cash flow comes to $2,843/yr on $81,881 invested. Return on cash invested is 23.38% in year one, and rental yield stands at 9.23% on a $247,000 basis. Equity gained on principal adds $1,594/yr, and 5% annual appreciation accumulates to $68,242 by year five. Five-year ROI measures 122.14% and total cumulative return in cash reaches $100,012. For financing, Ziffy Mortgage’s DSCR program evaluates $1,899/mo property income against a $1,209/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1997
2,613 sqft lot
$N/A/sqft
$275 annually HOA
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Listed by: Suzanne M McGhee • Mattox Realty, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #384210
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.