OFF_MARKETRisky Deal139 days on market

233 Rio Vista Circle

233 Rio Vista Circle, Atlantis, FL 33462, Atlantis, FL 33462
$795,000
Zestimate®:$753,100

Listing Price

Property image 1
233 Rio Vista Circle, Atlantis, FL 33462
Loc: Atlantis, FL
Days Listed
139
Tax Assessed
$433k
Zestimate®
$753k
Market Rate
Rent Estimate
$3,423/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

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
Risky
Confidence Score: 3/10
Exercise caution due to potential market volatility.
Cap Rate
3.85%
Total ROI
8.9%
Cash Flow
$-1,472/mo
DSCR
0.63
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Data provided by Haven AI. Disclaimer

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Haven AI

The property at 233 Rio Vista Circle presents a significant financial challenge for conservative investors. Despite the desirable Atlantis, FL location and steady 4% projected appreciation, the monthly cash flow deficit of -$1,472.37 is unsustainable for most traditional portfolios. A rental yield of 3.85% is fundamentally insufficient to cover debt service and operating expenses in the current interest rate environment. This 'negative carry' situation requires the investor to subsidize the property heavily, relying solely on speculative long-term capital gains to offset immediate monthly losses. From a conservative standpoint, the lack of immediate income and high entry price relative to rent make this a high-risk acquisition.

Strengths
  • Located in the exclusive, gated community of Atlantis, FL
  • Generous 2,380 square footage for a 3-bedroom configuration
  • Steady 4% projected annual appreciation provides a hedge against inflation
Considerations
  • Severe negative monthly cash flow of -$1,472.37
  • Rental yield of 3.85% is significantly below the current cost of capital
  • High 'negative carry' requires substantial liquid reserves to maintain
  • Investment success is overly dependent on appreciation rather than fundamentals
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,380
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: $795,000Rent Basis: Observed Comp Model ($3,423/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $398/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.84%

NOI: $22,608/yr

Cash-on-Cash Yield
-14.7%

On $182,850 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+20.7%

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)-$354/mo
Homeowner / Hazard Insurance-$398/mo
Vacancy Reserve (5% of rent)-$171/mo
Repairs & Maintenance (10% of rent)-$342/mo
Property Management (8% of rent)-$274/mo
Total Pure Operating Expenses-$1,539/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,423/mo
Less: Operating Expenses-$1,539/mo
Net Operating Income (NOI)+$1,884/mo
Less: Debt Service (30yr @ 6.75%)-$4,125/mo
Net Cash Flow
$-2,241/mo
$-26,893/year
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233 Rio Vista Circle | Atlantis, FL | Haven AI Analysis | Haven by ScoutHavens