4193 Ridge Haven RdTallahasseeFL32310
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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 4193 Ridge Haven Rd, Tallahassee, FL, 32310 uses $74,554 cash to close to unlock $5,224/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $1,101/mo payment keeps the spread at $435/mo. Purchase price stands at $224,900, and rental yield measures 10.29% with $1,928/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 141.03% and total cumulative return in cash records $105,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2006
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32310, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,359 (100%) |
| Owner Occupied HU | 3,341 (40.0%) |
| Renter Occupied HU | 3,847 (46.0%) |
| Vacant Housing Units | 1,171 (14.0%) |
| Median Home Value | $214,020 |
| Average Home Value | $279,575 |
Housing Distribution
Address Breakdown
Residential
6,808
Single Family
6,155
Multi-Family
653
Businesses
397
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Listed by: Kasey Gordon • Xcellence Realty
Mls Name: TBR
Mls ID: #390514