OFF_MARKETExcellent Deal7 days on market

2 Springwood Dr

2 Springwood Dr, Palm Coast, FL 32137, Palm Coast, FL 32137

$299,990

Zestimate®:$296,900

Listing Price

2 Springwood Dr, Palm Coast, FL 32137

Loc: Palm Coast, FL

Days Listed

Tax Assessed

$48k

Zestimate®

$297k

Market Rate

Lot Size

6,011 sqft

Rent Estimate

$2,401/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.

Belle Terre Elementary School

PK-5,7

2.9 mi away

Matanzas High School

8-12

3.5 mi away

Indian Trails Middle School

6-8

3.2 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

8.14%

Total ROI

30.4%

Cash Flow

$519/mo

DSCR

1.34

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

Date	Event	Price	Price/sqft
2026-04-30	Sold	$291,000	$170
2026-03-28	Pending sale	$299,990	$175
2026-03-05	Listed for sale	$299,990	$175
2025-02-11	Sold	$293,990	$172

Tax History

Year	Property Tax	Tax Assessment
2025	$3,165.4	$47,500
2024	$2,747.93	$24,333

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

1,714

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: $299,990Rent Basis: Observed Comp Model ($2,401/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo

Haven ScoreNeutral

4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

6.64%

NOI: $19,920/yr

Cash-on-Cash Yield

1.8%

On $68,998 invested

DSCR Ratio

1.07x

Tight qualification

5-Yr Leveraged ROI

+103.2%

Equity + cumulative cash

Financing Scenario Controls

Adjust down payment & rates to model your personalized return

Down Payment

Mortgage Rate (%)

Amortization Term

Monthly Rent ($)

Monthly Cash Flow Breakdown

Monthly Operating Deductions

Property Taxes (0.98% of basis)-$39/mo

Homeowner / Hazard Insurance-$150/mo

Vacancy Reserve (5% of rent)-$120/mo

Repairs & Maintenance (10% of rent)-$240/mo

Property Management (8% of rent)-$192/mo

Total Pure Operating Expenses-$741/mo

Net Investor Cash Flow

Gross Scheduled Rent+$2,401/mo

Less: Operating Expenses-$741/mo

Net Operating Income (NOI)+$1,660/mo

Less: Debt Service (30yr @ 6.75%)-$1,557/mo

Net Cash Flow

$103/mo

$1,241/year

Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Palm Coast.