6983 Proctor 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
Investment property for sale in Tallahassee at 6983 Proctor Rd, Tallahassee, FL, 32309 offers a 6.73% rental yield on a $685,000 purchase with $3,840/mo rent. 3% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 84.04% and total cumulative return in cash at $189,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,840/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Mariela Bartens • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #376532
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