3029 Bidhurst CtTallahasseeFL32317
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
Investment Highlights
Investment property for sale in Tallahassee at 3029 Bidhurst Ct, Tallahassee, FL, 32317 uses $135,882 cash to close to unlock $5,377/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $3,168/mo, and a $2,006/mo payment keeps the spread at $448/mo. Purchase price stands at $409,900, and rental yield measures 9.27% with $3,168/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 124.67% and total cumulative return in cash records $169,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,168/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2010
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32317, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,036 (100%) |
| Owner Occupied HU | 5,221 (86.5%) |
| Renter Occupied HU | 652 (10.8%) |
| Vacant Housing Units | 163 ( 2.7%) |
| Median Home Value | $392,602 |
| Average Home Value | $426,789 |
Housing Distribution
Address Breakdown
Residential
6,068
Single Family
5,859
Multi-Family
209
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elena Akopyan • E2 Executives LLC
Mls Name: TBR
Mls ID: #393795