4520 Hickory Forest CirTallahasseeFL32303
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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 4520 Hickory Forest Cir, Tallahassee, FL, 32303 listed at $175,000 pairs $1,315/mo rent with a $857/mo payment to leave $153/mo cash flow. Total monthly income runs $1,315/mo, and annual cash flow reaches $1,839/yr on $58,013 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 9.02% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 120.5% and total cumulative return in cash totals $69,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,315/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32303, Tallahassee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,147 (100%) |
| Owner Occupied HU | 11,585 (50.0%) |
| Renter Occupied HU | 9,782 (42.3%) |
| Vacant Housing Units | 1,780 ( 7.7%) |
| Median Home Value | $289,980 |
| Average Home Value | $349,236 |
Housing Distribution
Address Breakdown
Residential
22,352
Single Family
19,528
Multi-Family
2,824
Businesses
1,781
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Listed by: Kelly H Vinson • Keller Williams Town & Country
Mls Name: TBR
Mls ID: #391455