OFF_MARKETRisky Deal173 days on market

8409 Roosevelt St

8409 Roosevelt St, Englewood, FL 34224, Englewood, FL 34224
$170,000

Listing Price

Property image 1
8409 Roosevelt St, Englewood, FL 34224
Loc: Englewood, FL
Days Listed
173
Tax Assessed
$161k
Lot Size
0.39 acres
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.

8

Vineland Elementary School

PK-5
1.8 mi away
7

L. A. Ainger Middle School

6-8
1.6 mi away
5

Lemon Bay High School

9-12
2.4 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
Risky
Confidence Score: 5.2/10
Exercise caution due to potential market volatility.
Cap Rate
6.80%
Total ROI
23.7%
Cash Flow
$104/mo
DSCR
1.12
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

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Haven AI

The property at 8409 Roosevelt St presents a low-cost entry into the Englewood market, yet a conservative analysis reveals significant operational headwinds. A monthly cash flow of just $103.84 leaves virtually no margin for property management fees, vacancy, or unexpected repairs, which are common in Florida coastal regions. While the 6.8% yield and 4% appreciation provide a baseline for long-term growth, the immediate net income is insufficient to cover the risk of rising insurance premiums or hurricane-related maintenance. For an investor, this property functions more as an appreciation play than a reliable income stream, carrying high risk due to its razor-thin liquidity buffer.

Strengths
  • Attractive entry-level price point for a 4-bedroom single-family residence
  • Consistent 4% projected annual appreciation in a growing Florida submarket
  • Gross rental yield of 6.8% is competitive for this specific asset class
Considerations
  • Extremely thin cash flow margin of $103 is easily wiped out by minor maintenance
  • High geographic exposure to rapidly increasing Florida property insurance costs
  • Significant risk of capital expenditure spikes on a property at this price point
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-11Listed for sale$170,000$121
2026-07-08Contingent$170,000$121
2026-05-07Pending sale$170,000$121
2026-04-07Listed for sale$170,000$121
2026-04-03Pending sale$170,000$121
2026-01-23Price change$170,000$121
2026-01-07Price change$185,000$131
2025-10-29Listed for sale$195,000$139
2025-09-23Listing removed$199,000$141
2025-09-08Price change$199,000$141
2025-08-21Listed for sale$210,000$149
2021-07-19Sold$195,000$139
2021-04-18Listed for sale$199,000$141
2009-12-02Sold$48,000$34
2009-08-16Listing removed$55,000$39
2009-08-01Listed for sale$55,000$39

Tax History

YearProperty TaxTax Assessment
2025$2,690.33$160,546
2024$2,997.35$181,212
2023$3,412.67$153,735
2022$2,997.59$139,759
2021$801.72$29,703
2020$604.42$29,293
2019$528.3$28,634
2018$463.08$28,100
2017$463.08$27,522
2016$447.41$26,956
2015$432.24$26,769
2014$399.32$26,557
2013$379.74$19,811
2012$340.53$36,491
2011$621.89$36,491
2010$764.5$44,137
2009$700.38$43,396
2007$0$28,232
2006$0$28,232
2005$0$26,612
2004$0$26,116
2003$0$26,116
2002$297$25,504
2001$297.87$25,102
2000$473.52$36,214
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,407
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: $170,000Rent Basis: Modeled Estimate ($1,360/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.41%

NOI: $9,193/yr

Cash-on-Cash Yield
-3.6%

On $39,100 invested

DSCR Ratio
0.87x

Negative debt coverage

5-Yr Leveraged ROI
+76.4%

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)-$131/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$68/mo
Repairs & Maintenance (10% of rent)-$136/mo
Property Management (8% of rent)-$109/mo
Total Pure Operating Expenses-$594/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,360/mo
Less: Operating Expenses-$594/mo
Net Operating Income (NOI)+$766/mo
Less: Debt Service (30yr @ 6.75%)-$882/mo
Net Cash Flow
$-116/mo
$-1,392/year
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