OFF_MARKETRisky Deal3 days on market

928 Stewart St

928 Stewart St, Englewood, FL 34223, Englewood, FL 34223
$500,000
Zestimate®:$471,000

Listing Price

Property image 1
928 Stewart St, Englewood, FL 34223
Loc: Englewood, FL
Days Listed
3
Tax Assessed
$336k
Zestimate®
$471k
Market Rate
Lot Size
0.41 acres
Rent Estimate
$2,984/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.

8

Englewood Elementary School

PK-5
1 mi away
9

Sky Academy Englewood

6-8
2.5 mi away
8

STATE COLLEGE OF FLA COLLEGIATE SCHOOL-VENICE-0122

9-12
5.9 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
Risky
Confidence Score: 4.5/10
Exercise caution due to potential market volatility.
Cap Rate
5.40%
Total ROI
16.7%
Cash Flow
$-278/mo
DSCR
0.89
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Data provided by Haven AI. Disclaimer

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Haven AI

The property at 928 Stewart St presents a challenging profile for a conservative investor. While a 5.4% gross rental yield is respectable for Englewood, the negative monthly cash flow of -$278.47 creates an immediate 'cash drag' on a portfolio. This deficit implies that the asset is not self-sustaining under current financing and expense assumptions, requiring the investor to subsidize the property monthly. From a conservative standpoint, relying on the 4% annual appreciation to offset operational losses is a speculative strategy. In a high-interest-rate environment with rising Florida insurance premiums, this property fails to provide the necessary margin of safety required for a stable income-producing asset.

Strengths
  • High-demand 3-bedroom, 2-bathroom configuration for the local rental market
  • Consistent 4% annual appreciation forecast for the Gulf Coast region
  • Gross rental yield of 5.4% suggests strong top-line revenue potential
Considerations
  • Negative monthly cash flow necessitates consistent out-of-pocket capital injections
  • Exposure to volatile Florida property insurance and flood risk premiums
  • Negative leverage where debt service costs likely exceed the property's cap rate
  • Low margin of error for unexpected maintenance or vacancy periods
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-22Pending sale$500,000$338
2026-04-16Listed for sale$500,000$338
2020-07-02Listing removed$1,599$1
2020-06-10Price change$1,599$1
2020-05-14Listed for rent$1,650$1
2020-04-28Listing removed$260,000$176
2020-03-31Price change$260,000$176
2020-03-27Listed for sale$267,500$181
2020-03-07Pending sale$267,500$181
2020-02-28Listed for sale$267,500$181
2020-02-24Pending sale$267,500$181
2020-02-24Listed for sale$267,500$181
2020-02-20Pending sale$267,500$181
2020-02-20Price change$267,500$181
2020-02-13Price change$275,000$186
2020-02-03Listed for sale$285,000$193
2020-02-02Pending sale$285,000$193
2020-01-30Listed for sale$285,000$193
2020-01-29Pending sale$285,000$193
2020-01-27Price change$285,000$193
2019-12-29Price change$299,999$203
2019-11-29Listed for sale$325,000$220
2008-03-14Sold$156,000$105
2008-02-19Listed for sale$159,900$108
2005-03-14Sold$200,000$135

Tax History

YearProperty TaxTax Assessment
2025$4,151.93$335,800
2024$4,192.08$345,698
2023$3,154.69$258,736
2022$3,065.76$251,200
2021$2,681.47$153,370
2020$2,412.72$139,427
2019$2,292.16$126,752
2018$2,292.16$143,300
2017$2,105.97$101,761
2016$1,587.27$94,600
2015$1,687.4$84,100
2014$1,663.4$82,200
2013$1,577.18$82,200
2012$1,529.38$79,600
2011$995.28$76,500
2010$1,123.18$84,900
2009$1,936.66$83,300
2008$1,936.66$118,000
2007$2,360.8$151,500
2006$0$149,400
2005$0$118,300
2004$1,159.1$59,949
2003$1,155.74$58,831
2002$1,194.96$57,452
2001$868.95$56,547
2000$833.34$54,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,480
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: $500,000Rent Basis: Observed Comp Model ($2,984/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $250/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.26%

NOI: $21,281/yr

Cash-on-Cash Yield
-8.6%

On $115,000 invested

DSCR Ratio
0.68x

Negative debt coverage

5-Yr Leveraged ROI
+51.4%

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)-$274/mo
Homeowner / Hazard Insurance-$250/mo
Vacancy Reserve (5% of rent)-$149/mo
Repairs & Maintenance (10% of rent)-$298/mo
Property Management (8% of rent)-$239/mo
Total Pure Operating Expenses-$1,211/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,984/mo
Less: Operating Expenses-$1,211/mo
Net Operating Income (NOI)+$1,773/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-821/mo
$-9,851/year
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