OFF_MARKETGood Deal52 days on market

5614 Pless Rd

5614 Pless Rd, Plant City, FL 33565, Plant City, FL 33565
$775,000
Zestimate®:$751,700

Listing Price

Property image 1
5614 Pless Rd, Plant City, FL 33565
Loc: Plant City, FL
Days Listed
52
Tax Assessed
$512k
Zestimate®
$752k
Market Rate
Lot Size
5.08 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

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: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.69%
Total ROI
28.1%
Cash Flow
$1,049/mo
DSCR
1.27
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Data provided by Haven AI. Disclaimer

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Haven AI

This Plant City property presents a strong yield profile with a calculated rental yield of 7.69%, significantly outperforming the national average for single-family residences at this price point. A monthly cash flow of $1,049.43 provides a comfortable buffer against rising Florida insurance premiums and property tax reassessments. While the $775,000 acquisition price is high for the immediate sub-market, the 4-bedroom, 3-bathroom configuration attracts stable, long-term tenants. The 4% appreciation forecast is realistic given the ongoing expansion of the I-4 corridor between Tampa and Orlando. However, investors must strictly account for high-end maintenance costs and potential vacancy periods at this premium rent level.

Strengths
  • High rental yield relative to asset class and price
  • Substantial monthly cash flow buffer of over $1,000
  • Strategic location in the growing Tampa-Lakeland corridor
  • Desirable 4-bedroom layout appeals to high-quality family tenants
Considerations
  • High entry price point for the specific zip code
  • Ongoing volatility in Florida homeowners insurance markets
  • Potential for property tax spikes following acquisition
  • Limited exit liquidity for single-family homes at the $775k+ level in this rural-suburban mix
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,072
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: $775,000Rent Basis: Modeled Estimate ($6,200/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $388/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.14%

NOI: $47,617/yr

Cash-on-Cash Yield
-0.4%

On $178,250 invested

DSCR Ratio
0.99x

Negative debt coverage

5-Yr Leveraged ROI
+92.4%

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)-$418/mo
Homeowner / Hazard Insurance-$388/mo
Vacancy Reserve (5% of rent)-$310/mo
Repairs & Maintenance (10% of rent)-$620/mo
Property Management (8% of rent)-$496/mo
Total Pure Operating Expenses-$2,232/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,200/mo
Less: Operating Expenses-$2,232/mo
Net Operating Income (NOI)+$3,968/mo
Less: Debt Service (30yr @ 6.75%)-$4,021/mo
Net Cash Flow
$-53/mo
$-639/year
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