OFF_MARKETGood Deal192 days on market

425 Cypress Forest Dr

425 Cypress Forest Dr, Englewood, FL 34223, Englewood, FL 34223
$359,000

Listing Price

Property image 1
425 Cypress Forest Dr, Englewood, FL 34223
Loc: Englewood, FL
Days Listed
192
Tax Assessed
$266k
Lot Size
7,500 sqft
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
0.6 mi away
9

Sky Academy Englewood

6-8
1.2 mi away
8

STATE COLLEGE OF FLA COLLEGIATE SCHOOL-VENICE-0122

9-12
5.3 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
7.42%
Total ROI
26.8%
Cash Flow
$404/mo
DSCR
1.22
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

At approximately $155 per square foot, this Englewood property is priced competitively for its size. The reported $404 monthly cash flow is a strong indicator of immediate viability, providing a necessary buffer against Florida's volatile carrying costs. However, a conservative approach is mandatory due to the region's rising property insurance premiums and potential flood zone implications which can rapidly erode net operating income. While the 7.4% yield is attractive, the long-term success of this investment hinges on rigorous expense management and the 4% appreciation target, which may be optimistic if local inventory increases. Overall, the positive cash flow makes it a defensive asset in a high-demand retirement and vacation corridor.

Strengths
  • Below-average price per square foot for the Sarasota/Charlotte County region
  • Reliable positive monthly cash flow for a single-family entry-level asset
  • Strong 3-bed/2-bath configuration appeals to a wide tenant demographic
  • Steady demand driven by proximity to Gulf Coast amenities
Considerations
  • Escalating property insurance rates in coastal Florida markets
  • Potential for high maintenance and cooling costs on a 2,309 sqft floor plan
  • Risk of special assessments if the property is part of a homeowners association
  • Vulnerability to seasonal market fluctuations and extreme weather events
Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-02Price change$359,000$155
2026-03-18Price change$369,000$160
2026-03-11Price change$381,000$165
2026-02-23Price change$385,000$167
2026-02-11Listed for sale$394,000$171
2026-02-03Pending sale$394,000$171
2025-12-24Price change$394,000$171
2025-11-03Price change$399,000$173
2025-10-09Listed for sale$425,000$184
2025-05-23Sold$235,000$102
2025-05-08Pending sale$289,900$126
2025-04-07Price change$289,900$126
2025-02-21Price change$299,900$130
2025-01-19Price change$319,900$139
2024-12-27Price change$349,900$152
2024-10-29Price change$374,900$162
2024-07-29Price change$389,900$169
2024-06-19Listed for sale$399,000$173
2024-06-10Listing removed$0
2023-06-02Listed for rent$2,450$1
2022-12-28Listing removed$0
2022-12-06Listed for rent$2,450$1
2022-11-10Listing removed$0
2022-03-04Listed for rent$2,450$1
2008-01-03Sold$190,000$82

Tax History

YearProperty TaxTax Assessment
2025$3,766.73$265,500
2024$4,282.99$304,549
2023$3,887.26$258,863
2022$3,945.75$253,330
2021$3,299.72$230,300
2020$3,155.47$215,700
2019$3,206.63$223,700
2018$3,206.63$194,200
2017$2,809.35$186,000
2016$2,752.67$190,800
2015$2,840.98$179,400
2014$2,573.6$150,100
2013$2,396.37$150,100
2012$2,257.53$141,400
2011$2,302.68$147,300
2010$2,248.63$139,400
2009$2,826.56$150,300
2008$2,826.56$196,300
2007$1,931.28$149,800
2006$0$146,146
2005$0$141,889
2004$1,951.81$137,756
2003$1,965.2$135,187
2002$1,961.41$132,019
2001$1,837.1$129,940
2000$1,776.11$126,155
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,309
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: $359,000Rent Basis: Modeled Estimate ($2,872/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $180/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.07%

NOI: $21,775/yr

Cash-on-Cash Yield
-0.7%

On $82,570 invested

DSCR Ratio
0.97x

Negative debt coverage

5-Yr Leveraged ROI
+90.7%

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)-$217/mo
Homeowner / Hazard Insurance-$180/mo
Vacancy Reserve (5% of rent)-$144/mo
Repairs & Maintenance (10% of rent)-$287/mo
Property Management (8% of rent)-$230/mo
Total Pure Operating Expenses-$1,057/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,872/mo
Less: Operating Expenses-$1,057/mo
Net Operating Income (NOI)+$1,815/mo
Less: Debt Service (30yr @ 6.75%)-$1,863/mo
Net Cash Flow
$-48/mo
$-578/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Englewood.