1589 Quazar Rd, Tallahassee, FL 32311

Tallahassee, FL 32311 · 3 bd · 2 ba · 1,159 sqft · Townhouse · 141 days on market

The math, in full

Asking price: $212,000
Down payment (15%): $31,800
Loan amount: $180,200
Est. monthly rent: $2,250/mo; Range $1,913–$2,588/mo
Monthly payment, all-in: $1,777/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.27; $2,250 rent ÷ $1,777 payment
Monthly cashflow: +$473/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 32311, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$31,800

15% down on $212,000

Your local lender

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Screened against real lending criteria — this one fits 3 programs.
Qualifies on the property's rent — no W-2 or tax returns.
Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.