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Educational options and performance ratings in the area.
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Data provided by Haven AI. Disclaimer
From a conservative investment standpoint, this property represents a significant capital drain. A rental yield of 0.18% is effectively negligible, failing to cover basic property taxes and insurance, let alone debt service or maintenance. With a staggering negative monthly cash flow of $6,869, an investor would lose over $82,000 annually. Even with a 4% appreciation rate, the holding costs far outpace the equity gains in the short to medium term. The extreme price-to-rent ratio suggests this is a speculative play or a lifestyle purchase rather than a viable income-producing asset, posing a high risk to liquidity and overall portfolio performance.
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2023-12-02 | Listed for sale | $1,400,900 | $878 |
| 2023-11-23 | Listing removed | $1,400,900 | $878 |
| 2023-10-06 | Listed for sale | $1,400,900 | $878 |
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $-4,517/yr
On $322,207 invested
Negative debt coverage
Equity + cumulative cash
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