OFF_MARKETRisky Deal9 days on market

5816 Garfield Rd

5816 Garfield Rd, Venice, FL 34293, Venice, FL 34293
$525,000
Zestimate®:$509,900

Listing Price

Property image 1
5816 Garfield Rd, Venice, FL 34293
Loc: Venice, FL
Days Listed
9
Tax Assessed
$344k
Zestimate®
$510k
Market Rate
Lot Size
8,000 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Taylor Ranch Elementary School

PK-5
2.2 mi away
7

Venice Middle School

6-8
4 mi away
7

Venice Senior High School

9-12
5.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.5%
Cash Flow
$-34/mo
DSCR
0.99
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-28Listing removed$2,695$1
2026-04-23Price change$2,695$1
2026-04-15Listed for rent$2,795$1
2026-03-12Listing removed$525,000$253
2026-02-16Listed for sale$525,000$253
2022-05-23Sold$585,000$282
2022-04-30Pending sale$485,000$234
2022-04-18Listed for sale$485,000$234
2001-03-05Sold$171,000$82

Tax History

YearProperty TaxTax Assessment
2025$4,267.74$344,400
2024$4,749.82$389,900
2023$4,764.1$395,100
2022$2,389.44$191,100
2021$2,316.48$185,534
2020$2,309.57$182,972
2019$2,216.37$178,858
2018$2,216.37$175,523
2017$2,151.53$171,913
2016$2,170.46$213,700
2015$2,136.63$189,400
2014$2,133.27$161,398
2013$2,129.14$161,398
2012$2,073.23$158,700
2011$2,089.33$162,200
2010$2,114.96$160,300
2009$2,111.01$170,569
2008$2,111.01$170,399
2007$2,197.46$165,436
2006$0$161,401
2005$0$156,700
2004$2,299.03$152,136
2003$2,317.83$149,299
2002$2,309.38$145,800
2001$1,954.77$128,285
2000$1,886.39$124,549
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,075
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $525,000Rent Basis: Modeled Estimate ($4,200/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $263/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.15%

NOI: $32,277/yr

Cash-on-Cash Yield
-0.3%

On $120,750 invested

DSCR Ratio
0.99x

Negative debt coverage

5-Yr Leveraged ROI
+92.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$281/mo
Homeowner / Hazard Insurance-$263/mo
Vacancy Reserve (5% of rent)-$210/mo
Repairs & Maintenance (10% of rent)-$420/mo
Property Management (8% of rent)-$336/mo
Total Pure Operating Expenses-$1,510/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,200/mo
Less: Operating Expenses-$1,510/mo
Net Operating Income (NOI)+$2,690/mo
Less: Debt Service (30yr @ 6.75%)-$2,724/mo
Net Cash Flow
$-34/mo
$-412/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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