6982 Grenville RdTallahasseeFL32309
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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 6982 Grenville Rd, Tallahassee, FL, 32309 generates $3,676/mo in rent, after a $5,384/mo payment. Total monthly income is $3,676/mo. Return on cash invested sits at 8.17% in year one, and rental yield is 4.01% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 40.4% and total cumulative return in cash sums $143,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,676/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1.42 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Barry W Bevis • Bevis Realty
Mls Name: TBR
Mls ID: #388255