1956 Greenlawn Dr
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Englewood Elementary School
Sky Academy Englewood
STATE COLLEGE OF FLA COLLEGIATE SCHOOL-VENICE-0122
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
With a monthly cash flow of -$568.49, this property represents a significant liquidity drain, making it a poor fit for a conservative income-focused portfolio. The rental yield of 4.64% is insufficient to cover debt service and operating expenses in the current interest rate environment. While the 4% expected appreciation offers some long-term upside, the 'negative carry' requires the investor to subsidize the asset by nearly $7,000 annually, increasing risk during market downturns. Located in Englewood, Florida, the investment also faces headwinds from rising property insurance premiums and potential climate-related costs. Unless acquired with a substantial cash down payment to neutralize the deficit, this asset remains a speculative play on appreciation rather than a sound income-producing investment.
- • Stable 4% projected annual appreciation in a desirable Florida coastal market
- • Generous 1,518 sqft footprint for a 2-bedroom configuration
- • Single-family asset class typically offers higher exit liquidity than condos
- • Significant negative monthly cash flow of -$568.49 creates a high-risk liquidity drain
- • Rental yield of 4.64% is below current risk-free rates and mortgage interest costs
- • Exposure to rising Florida property insurance and hurricane-related maintenance costs
- • Negative leverage scenario where the cost of debt exceeds the property's cap rate
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-03-26 | Price change | $479,000 | $316 |
| 2026-03-08 | Listed for sale | $498,000 | $328 |
| 2026-01-01 | Listing removed | $549,000 | $362 |
| 2025-06-12 | Price change | $549,000 | $362 |
| 2025-03-25 | Price change | $585,000 | $385 |
| 2025-02-12 | Listed for sale | $629,900 | $415 |
| 2025-01-27 | Listing removed | $660,000 | $435 |
| 2024-12-17 | Price change | $660,000 | $435 |
| 2024-09-11 | Price change | $685,000 | $451 |
| 2024-07-31 | Listed for sale | $700,000 | $461 |
| 2017-12-29 | Sold | $18,785 | $12 |
| 2017-10-09 | Listed for sale | $319,000 | $210 |
| 2017-10-05 | Listing removed | $1,800 | $1 |
| 2017-06-16 | Listed for rent | $1,800 | $1 |
| 2017-06-11 | Listing removed | $314,000 | $207 |
| 2017-03-27 | Price change | $314,000 | $207 |
| 2017-02-09 | Price change | $319,000 | $210 |
| 2016-03-24 | Price change | $329,900 | $217 |
| 2015-09-28 | Price change | $339,000 | $223 |
| 2015-09-10 | Listed for sale | $349,900 | $231 |
| 2015-06-10 | Sold | $220,000 | $145 |
| 2015-05-20 | Pending sale | $228,000 | $150 |
| 2015-05-01 | Listed for sale | $228,000 | $150 |
| 2013-04-02 | Listing removed | $250,000 | $165 |
| 2013-04-01 | Listed for sale | $250,000 | $165 |
| 1999-07-08 | Sold | $144,000 | $95 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,218.9 | $393,600 |
| 2024 | $3,129.3 | $251,743 |
| 2023 | $3,004.28 | $244,411 |
| 2022 | $2,909.62 | $237,292 |
| 2021 | $2,918.64 | $230,381 |
| 2020 | $3,793.35 | $227,200 |
| 2019 | $3,833.35 | $234,268 |
| 2018 | $3,833.35 | $229,900 |
| 2017 | $3,751.9 | $201,900 |
| 2016 | $3,485.93 | $187,200 |
| 2015 | $3,744.26 | $167,000 |
| 2014 | $3,321.21 | $130,600 |
| 2013 | $3,081.73 | $130,600 |
| 2012 | $2,919.79 | $120,000 |
| 2011 | $2,993.86 | $127,700 |
| 2010 | $2,131.57 | $125,400 |
| 2009 | $2,887.24 | $138,200 |
| 2008 | $2,887.24 | $196,100 |
| 2007 | $3,993.15 | $282,900 |
| 2006 | $0 | $320,300 |
| 2005 | $0 | $212,900 |
| 2004 | $3,016.39 | $182,100 |
| 2003 | $2,616.82 | $150,400 |
| 2002 | $2,150.58 | $117,700 |
| 2001 | $1,787.67 | $99,900 |
| 2000 | $1,723.64 | $95,900 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $17,361/yr
On $110,170 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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