OFF_MARKETRisky Deal33 days on market

6161 Oriole Blvd

6161 Oriole Blvd, Englewood, FL 34224, Englewood, FL 34224
$119,900
Zestimate®:$95,400

Listing Price

Property image 1
6161 Oriole Blvd, Englewood, FL 34224
Loc: Englewood, FL
Days Listed
33
Tax Assessed
$133k
Zestimate®
$95k
Market Rate
Lot Size
7,506 sqft
Type
manufactured

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.

6

Myakka River Elementary School

PK-5
4.6 mi away
7

L. A. Ainger Middle School

6-8
2.4 mi away
5

Lemon Bay High School

9-12
1.7 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: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.30%
Total ROI
21.2%
Cash Flow
$24/mo
DSCR
1.04
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Data provided by Haven AI. Disclaimer

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Haven AI

This property presents a marginal investment profile. While the $119,900 entry price is accessible, the monthly cash flow of $23.55 is dangerously thin, leaving zero margin for unexpected repairs, vacancies, or rising insurance premiums common in coastal Florida. As a manufactured home, the structure likely depreciates faster than stick-built alternatives, placing the burden of ROI on land appreciation. A 6.3% yield is respectable, but after accounting for Florida's volatile property tax and insurance landscape, the net return is insufficient to cover capital expenditure reserves. From a conservative standpoint, the risk of a cash-flow-negative year is high.

Strengths
  • Low entry price point for the Florida market
  • Strong rental demand in the Englewood area
  • Moderate 4% appreciation target
  • Functional 2-bed/2-bath layout attractive to retirees
Considerations
  • Extremely thin $23.55 monthly cash flow buffer
  • High volatility in Florida homeowners insurance costs
  • Manufactured homes typically offer lower resale liquidity
  • Exposure to severe weather and flood zones in Englewood
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-21Sold$95,000$85
2026-07-08Contingent$114,900$103
2026-06-18Pending sale$114,900$103
2026-05-19Price change$114,900$103
2026-04-15Price change$119,900$107
2026-03-17Listed for sale$129,900$116
2018-10-30Sold$120,000$107
2018-05-16Listed for sale$124,900$112
2014-03-26Sold$78,000$70
2014-02-10Listed for sale$83,000$74
2007-11-13Sold$79,000$71

Tax History

YearProperty TaxTax Assessment
2025$1,708.33$122,336
2024$1,007.64$53,281
2023$1,376.86$104,425
2022$1,502.67$109,656
2021$1,464.11$106,462
2020$1,427.4$104,992
2019$2,363.89$104,293
2018$1,151.86$96,849
2017$1,151.86$76,928
2016$1,794.07$69,025
2015$1,555.68$65,954
2014$1,493.33$47,765
2013$386.58$46,272
2012$365.66$49,197
2011$412.37$49,197
2010$456.63$53,009
2009$415.38$51,615
2006$0$51,958
2005$0$48,976
2004$0$42,565
2003$0$42,565
2002$525.59$41,567
2001$519.79$40,912
2000$496.24$39,720
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,120
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: $119,900Rent Basis: Modeled Estimate ($959/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.80%

NOI: $5,753/yr

Cash-on-Cash Yield
-6.2%

On $27,577 invested

DSCR Ratio
0.77x

Negative debt coverage

5-Yr Leveraged ROI
+63.2%

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)-$109/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$48/mo
Repairs & Maintenance (10% of rent)-$96/mo
Property Management (8% of rent)-$77/mo
Total Pure Operating Expenses-$480/mo
Net Investor Cash Flow
Gross Scheduled Rent+$959/mo
Less: Operating Expenses-$480/mo
Net Operating Income (NOI)+$479/mo
Less: Debt Service (30yr @ 6.75%)-$622/mo
Net Cash Flow
$-143/mo
$-1,712/year
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6161 Oriole Blvd | Englewood, FL | Haven AI Analysis | Haven by ScoutHavens