6615 Kingman TrlTallahasseeFL32309
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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 6615 Kingman Trl, Tallahassee, FL, 32309 generates $2,700/mo in rent and, after a $1,835/mo payment, leaves $212/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $2,542/yr on $124,313 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 8.64% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash sums $142,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Mariana D Doseanu • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #394158