5717 Bascom LnTallahasseeFL32309
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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 5717 Bascom Ln, Tallahassee, FL, 32309 priced at $477,500 converts $3,857/mo rent into $345/mo cash flow after a $2,337/mo obligation. Total monthly income equals $3,857/mo, and annual cash flow totals $4,141/yr on $158,291 invested. Return on cash invested prints 22.52% in year one, and rental yield reads 9.69% against a $477,500 entry. Equity gained on principal adds $3,081/yr, while 5% annual appreciation compiles into $131,924 by year five. Five-year ROI reaches 118.42% and total cumulative return in cash sums $187,452. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,857/mo property income covering a $2,337/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
$1,350 annually HOA
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Listed by: Barbara A Slaughter • Re/Max Professionals Realty
Mls Name: TBR
Mls Provider:
Mls ID: #385228
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.