2876 Hannon Hill DrTallahasseeFL32309
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 2876 Hannon Hill Dr, Tallahassee, FL, 32309 in Tallahassee is a conservative rental investment at $639,000. Rental yield 7.11%. A 1.32 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $176,544; $5,885/yr in principal paydown supplements. Total projected return: $203,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.5% |
| Monthly Cash Flow | $(632) | $300 |
City averages based on Tallahassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,787 |
| Total Monthly Debt Service | $4,165 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
0.55 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
0.55 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jillyann McGowan • Keller Williams Town & Country
Mls Name: TBR
Mls Provider:
Mls ID: #383981
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