OFF_MARKETGood Deal6 days on market

5957 CARREVERO Drive S

5957 CARREVERO Drive S, Jacksonville, FL 32216, Jacksonville, FL 32216
$299,000
Zestimate®:$300,200$1,200 Under Market

Listing Price

Property image 1
5957 CARREVERO Drive S, Jacksonville, FL 32216
Loc: Jacksonville, FL
Days Listed
6
Tax Assessed
$249k
Zestimate®
$300k
0% Under Valued
Lot Size
8,276 sqft
Rent Estimate
$1,917/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.

4

Greenfield Elementary School

PK-5
0.6 mi away
3

Southside Middle School

6-8
0.6 mi away
2

Englewood High School

9-12
0.9 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: 6.8/10
Exercise caution due to potential market volatility.
Cap Rate
7.32%
Total ROI
26.3%
Cash Flow
$313/mo
DSCR
1.21
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Data provided by Haven AI. Disclaimer

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Haven AI

5957 Carrevero Drive S offers a stable entry point into the Jacksonville market, though it requires a disciplined management approach. The gross yield of 7.32% is respectable, but the $312.57 monthly cash flow is relatively thin for a $299,000 asset, leaving a limited margin for escalating Florida insurance premiums or unexpected capital expenditures. While the 4% appreciation rate is a conservative and achievable target for this submarket, the investment's success hinges on maintaining high occupancy and low turnover. Conservative investors should note that after factoring in vacancy and maintenance reserves, the net operating income provides only a modest buffer against potential economic volatility or rising property taxes.

Strengths
  • Desirable 3-bedroom/2-bathroom configuration appeals to long-term family tenants
  • Positive cash flow in a high-interest environment provides immediate ROI
  • Jacksonville's diversified economy supports the conservative 4% appreciation forecast
  • Entry price point is aligned with regional medians, reducing downside risk
Considerations
  • Florida's rising homeowners insurance costs could quickly erode the $312 monthly margin
  • Limited cash flow buffer for significant CapEx items like roof or HVAC replacement
  • Potential for property tax reassessment at the $299k purchase price to increase monthly carry
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-05Sold$299,000$214
2026-05-06Pending sale$299,000$214
2026-04-03Listed for sale$299,000$214
2026-02-03Sold$195,000$140

Tax History

YearProperty TaxTax Assessment
2025$1,487.19$103,708
2024$1,277.6$100,786
2023$1,231.78$97,851
2022$1,115.27$95,001
2021$1,096.13$92,234
2020$1,080.65$90,961
2019$1,060.79$88,916
2018$1,040.65$87,259
2017$1,040.65$85,465
2016$1,020.5$83,708
2015$1,007.63$83,127
2014$1,015.6$82,468
2013$0$81,250
2012$0$80,156
2011$0$77,822
2010$0$76,672
2009$0$74,657
2006$0$70,645
2005$809.65$68,587
2004$0$66,589
2003$782.38$65,347
2002$0$63,815
2001$0$62,810
2000$0$60,981
1999$0$59,378
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,396
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: $299,000Rent Basis: Observed Comp Model ($1,917/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.50%

NOI: $13,468/yr

Cash-on-Cash Yield
-7.5%

On $68,770 invested

DSCR Ratio
0.72x

Negative debt coverage

5-Yr Leveraged ROI
+56.8%

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)-$204/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$96/mo
Repairs & Maintenance (10% of rent)-$192/mo
Property Management (8% of rent)-$153/mo
Total Pure Operating Expenses-$795/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,917/mo
Less: Operating Expenses-$795/mo
Net Operating Income (NOI)+$1,122/mo
Less: Debt Service (30yr @ 6.75%)-$1,551/mo
Net Cash Flow
$-429/mo
$-5,149/year
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