LOT 11 Lake Pisgah DrTallahasseeFL32309
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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 LOT 11 Lake Pisgah Dr, Tallahassee, FL, 32309 offers $3,840/mo rent that, after a $8,712/mo payment. Total monthly income is $3,840/mo. Return on cash invested measures 3.78% in year one, and rental yield stands at 2.59% at a $1,780,000 entry. Equity gained on principal adds $11,486/yr while 5% annual appreciation compounds into $491,781 by year five. Five-year ROI records 16.86% and total cumulative return in cash reaches $97,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $8,712/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Andrea D Meadows • Hill Spooner & Elliott Inc
Mls Name: TBR
Mls ID: #390313