OFF_MARKETGood Deal3 days on market

1707 Hughes Dr

1707 Hughes Dr, Plant City, FL 33563, Plant City, FL 33563
$280,000
Zestimate®:$290,200$10,200 Under Market

Listing Price

Property image 1
1707 Hughes Dr, Plant City, FL 33563
Loc: Plant City, FL
Days Listed
3
Tax Assessed
$172k
Zestimate®
$290k
4% Under Valued
Lot Size
8,800 sqft
Rent Estimate
$1,891/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.

5

Burney Elementary School

PK-5
0.6 mi away
3

Tomlin Middle School

6-8
1.9 mi away
5

Plant City High School

9-12
0.5 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
Good
Confidence Score: 7.2/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.51%
Total ROI
27.2%
Cash Flow
$336/mo
DSCR
1.24
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Data provided by Haven AI. Disclaimer

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Haven AI

This 1,115 sqft property in Plant City offers a stable entry point for investors seeking exposure to the growing I-4 corridor. At a $280,000 price point, the 7.51% gross rental yield is competitive for the Tampa submarket. The projected monthly cash flow of $335.54 provides a decent safety margin; however, a conservative analyst must account for Florida's escalating property insurance premiums and the inevitable non-homestead tax adjustment, which will likely compress net margins. While the 4% appreciation is realistic, the primary value lies in the consistent cash-on-cash return. This asset is a reliable long-term hold, though limited square footage may restrict the tenant demographic to smaller households.

Strengths
  • Attractive gross rental yield of 7.51%
  • Strategic location in the Tampa-Lakeland growth corridor
  • Positive monthly cash flow exceeding $300
  • Lower entry price point compared to neighboring metro areas
Considerations
  • Exposure to rising Florida property insurance costs
  • Non-homestead tax reassessment will reduce net yield
  • Smaller square footage may limit long-term exit liquidity
  • Capex risks associated with 3/2 single-family residential maintenance
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-01Sold$290,000$260
2026-04-05Pending sale$280,000$251
2026-03-31Listed for sale$280,000$251
2024-12-26Sold$271,000$243
2024-11-26Pending sale$271,000$243
2024-11-19Listed for sale$271,000$243
2024-10-25Sold$242,800$218
2011-07-25Sold$40,000$36
2011-05-27Price change$49,900$45
2011-04-30Price change$53,000$48
2011-04-13Listed for sale$54,500$49
2011-03-05Listing removed$54,500$49
2011-02-28Price change$54,500$49
2010-09-05Listed for sale$65,000$58

Tax History

YearProperty TaxTax Assessment
2025$3,148.56$172,121
2024$2,743.77$153,380
2023$2,549.14$139,436
2022$2,463.36$126,760
2021$2,166.56$115,236
2020$1,975.24$104,760
2019$1,811.27$95,236
2018$1,811.27$98,149
2017$1,701.05$78,707
2016$1,495.82$80,252
2015$1,484.7$72,956
2014$1,265.63$67,133
2013$1,265.63$61,805
2012$1,178.73$60,546
2011$1,169.25$59,928
2010$1,350.38$69,587
2009$542.89$58,367
2008$532.16$58,309
2007$584.78$56,611
2006$610.55$55,230
2005$593.73$53,621
2004$0$52,059
2003$0$51,088
2002$0$67,566
2001$0$49,105
2000$510.55$60,203
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,115
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: $280,000Rent Basis: Observed Comp Model ($1,891/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.00%

NOI: $13,986/yr

Cash-on-Cash Yield
-5.4%

On $64,400 invested

DSCR Ratio
0.80x

Negative debt coverage

5-Yr Leveraged ROI
+67.4%

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)-$141/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$95/mo
Repairs & Maintenance (10% of rent)-$189/mo
Property Management (8% of rent)-$151/mo
Total Pure Operating Expenses-$725/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,891/mo
Less: Operating Expenses-$725/mo
Net Operating Income (NOI)+$1,166/mo
Less: Debt Service (30yr @ 6.75%)-$1,453/mo
Net Cash Flow
$-287/mo
$-3,448/year
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