1269 W Galgano St
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Nearby Schools
Educational options and performance ratings in the area.
Citrus Springs Elementary School
Citrus Springs Middle School
Lecanto High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This property represents a strong yield-focused opportunity in the Citrus Springs market. At a price point under $225k, the entry barrier is low, and the 3-bed, 2-bath configuration ensures consistent rental demand from families and retirees. While the 8.05% gross yield is attractive, a conservative analysis must account for Florida's escalating insurance premiums and property taxes which may compress net margins. The 4% appreciation forecast is realistic given the regional population shift toward more affordable inland Florida counties. After accounting for a 35-40% expense ratio, the net cap rate remains healthy for a long-term hold in a developing residential pocket.
- • High gross rental yield exceeding national averages
- • Favorable 3/2 layout provides maximum liquidity and tenant stability
- • Competitive entry price point reduces total capital risk
- • Growing demand for affordable housing in Citrus County
- • Rising property insurance costs common across Florida markets
- • Citrus Springs features a higher concentration of septic and well systems requiring specialized maintenance
- • Limited local job diversification may lead to longer vacancy periods during economic downturns
- • Property tax reassessments post-purchase could impact immediate cash flow
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-07 | Sold | $224,900 | $138 |
| 2026-03-06 | Pending sale | $224,900 | $138 |
| 2026-03-02 | Price change | $224,900 | $138 |
| 2026-02-22 | Listed for sale | $234,900 | $144 |
| 2026-02-20 | Pending sale | $234,900 | $144 |
| 2026-02-17 | Listed for sale | $234,900 | $144 |
| 2025-01-06 | Sold | $249,990 | $153 |
| 2024-12-22 | Pending sale | $249,990 | $153 |
| 2024-12-05 | Price change | $249,990 | $153 |
| 2024-12-03 | Price change | $253,990 | $156 |
| 2024-11-18 | Price change | $256,990 | $157 |
| 2024-11-10 | Price change | $249,990 | $153 |
| 2024-11-10 | Price change | $259,990 | $159 |
| 2024-10-04 | Pending sale | $249,990 | $153 |
| 2024-10-04 | Listed for sale | $249,990 | $153 |
| 2024-10-04 | Pending sale | $249,990 | $153 |
| 2024-06-20 | Price change | $253,990 | $156 |
| 2023-10-18 | Listed for sale | $264,990 | $162 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,645.07 | $203,225 |
| 2024 | $197.75 | $9,394 |
| 2023 | $183.72 | $8,540 |
| 2022 | $117.46 | $3,608 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $13,441/yr
On $51,727 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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