OFF_MARKETExcellent Deal5 days on market

10364 Bedford Rd

10364 Bedford Rd, Spring Hill, FL 34608, Spring Hill, FL 34608
$389,900
Zestimate®:$383,600

Listing Price

Property image 1
10364 Bedford Rd, Spring Hill, FL 34608
Loc: Spring Hill, FL
Days Listed
5
Tax Assessed
$342k
Zestimate®
$384k
Market Rate
Lot Size
0.53 acres
Rent Estimate
$2,844/mo
Est. Cash Flow base
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.

4

Explorer K-8

PK-8
1.7 mi away
4

Frank W. Springstead High School

9-12
1.3 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
Average
Confidence Score: 6.8/10
Exercise caution due to potential market volatility.
Cap Rate
7.40%
Total ROI
26.7%
Cash Flow
$433/mo
DSCR
1.22
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Data provided by Haven AI. Disclaimer

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Haven AI

This 4-bedroom property in Spring Hill presents a solid entry point for family-oriented rental strategies, featuring a strong gross rental yield of 7.4%. At approximately $158 per square foot, the purchase price is competitive for the 2,465 sqft footprint. However, a conservative analysis identifies significant headwinds regarding net cash flow due to Florida's escalating homeowners insurance premiums and property tax liabilities. While the 4/3 configuration is highly desirable for long-term tenants, the net cap rate is likely to compress toward 4.2% once operating expenses are factored. Investors should anticipate stable but modest appreciation and maintain a robust contingency fund for insurance volatility and structural maintenance.

Strengths
  • High gross rental yield exceeding 7%
  • Desirable 4-bed/3-bath layout attractive to stable family tenants
  • Competitive price per square foot for the North Tampa submarket
  • Steady 4% expected appreciation providing a reliable hedge against inflation
Considerations
  • Exposure to rising Florida insurance costs which impacts net operating income
  • Property tax reassessment at the sale price may increase annual carry costs
  • Larger square footage increases long-term capital expenditure requirements
  • Spring Hill market exhibits lower liquidity compared to primary Tampa metros
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-08Sold$385,000$156
2026-04-08Pending sale$389,900$158
2026-03-10Contingent$389,900$158
2026-03-04Listed for sale$389,900$158

Tax History

YearProperty TaxTax Assessment
2025$0$135,452
2024$0$131,635
2023$0$127,801
2022$0$124,079
2021$0$120,465
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,465
Built
1988
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: $389,900Rent Basis: Observed Comp Model ($2,844/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $195/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.28%

NOI: $20,588/yr

Cash-on-Cash Yield
-4.1%

On $89,677 invested

DSCR Ratio
0.85x

Negative debt coverage

5-Yr Leveraged ROI
+73.6%

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)-$279/mo
Homeowner / Hazard Insurance-$195/mo
Vacancy Reserve (5% of rent)-$142/mo
Repairs & Maintenance (10% of rent)-$284/mo
Property Management (8% of rent)-$228/mo
Total Pure Operating Expenses-$1,128/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,844/mo
Less: Operating Expenses-$1,128/mo
Net Operating Income (NOI)+$1,716/mo
Less: Debt Service (30yr @ 6.75%)-$2,023/mo
Net Cash Flow
$-307/mo
$-3,690/year
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