OFF_MARKETRisky Deal192 days on market

469 SE 38th St

469 SE 38th St, Ocala, FL 34480, Ocala, FL 34480
$499,900
Zestimate®:$494,000

Listing Price

Property image 1
469 SE 38th St, Ocala, FL 34480
Loc: Ocala, FL
Days Listed
192
Tax Assessed
$396k
Zestimate®
$494k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,620/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.

6

Shady Hill Elementary School

PK-5
1.6 mi away
8

Osceola Middle School

6-8
2.3 mi away
3

Belleview High School

9-12
5.8 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
4.47%
Total ROI
12.0%
Cash Flow
$-666/mo
DSCR
0.74
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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
2026-01-15Price change$499,900$240
2026-01-08Price change$519,900$249
2025-11-26Price change$525,000$252
2025-11-04Price change$535,000$256
2025-10-09Price change$539,900$259

Tax History

YearProperty TaxTax Assessment
2024$5,873.01$357,339
2023$5,729.13$346,931
2022$908.23$50,000
2021$917.44$45,254
2020$814.4$41,140
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,086
Built
2022
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: $499,900Rent Basis: Observed Comp Model ($2,620/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $250/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.47%

NOI: $17,326/yr

Cash-on-Cash Yield
-12.0%

On $114,977 invested

DSCR Ratio
0.56x

Negative debt coverage

5-Yr Leveraged ROI
+34.2%

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)-$324/mo
Homeowner / Hazard Insurance-$250/mo
Vacancy Reserve (5% of rent)-$131/mo
Repairs & Maintenance (10% of rent)-$262/mo
Property Management (8% of rent)-$210/mo
Total Pure Operating Expenses-$1,176/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,620/mo
Less: Operating Expenses-$1,176/mo
Net Operating Income (NOI)+$1,444/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-1,150/mo
$-13,800/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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