Off MarketGood Deal393 days on market
1009 MERCER LOOP
1009 MERCER LOOP, PLANT CITY, FL 33567, Plant City, FL 33567
$189,900
Listing Price
1009 MERCER LOOP, PLANT CITY, FL 33567
Loc: Plant City, FL
Days Listed
393
Tax Assessed
$185k
Lot Size
0.53 acres
Rent Estimate
$1,871/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.
7
Trapnell Elementary School
PK-5
0.4 mi away
2
Turkey Creek Middle School
6-8
2.8 mi away
4
Durant High School
9-12
5.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylestucco exteriorsingle storyconcrete drivewaylarge yardunfenced lawndetached residencemature treesopen landsimple architectureresidentialfixer upper vibe
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
7.20%
Total ROI
115.4%
Cash Flow
$154/mo
DSCR
1.16
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $154/mo net cash flow with a 7.2% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.2%)
- • Strong rental demand in Plant City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2024-06-18 | Sold | $142,100 | $99 |
| 2023-10-20 | Listing removed | $0 | – |
| 2023-10-12 | Listed for rent | $2,000 | $1 |
| 2023-01-23 | Listing removed | $0 | – |
| 2023-01-04 | Price change | $259,900 | $180 |
| 2022-12-08 | Listed for sale | $269,000 | $187 |
| 2022-12-05 | Listing removed | $0 | – |
| 2022-11-19 | Listed for sale | $279,999 | $194 |
| 2022-09-26 | Listing removed | $0 | – |
| 2022-09-03 | Listed for sale | $350,000 | $243 |
| 2018-07-30 | Sold | $193,000 | $134 |
| 2018-05-31 | Listed for sale | $184,900 | $128 |
| 2005-01-31 | Sold | $82,000 | $57 |
| 1999-09-23 | Sold | $24,500 | $17 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,978.07 | $185,234 |
| 2024 | $3,714.57 | $181,708 |
| 2023 | $3,621.8 | $178,134 |
| 2022 | $4,073.34 | $207,880 |
| 2021 | $2,227.43 | $142,269 |
| 2020 | $2,144.12 | $140,305 |
| 2019 | $2,052.06 | $137,151 |
| 2018 | $2,052.06 | $93,895 |
| 2017 | $1,912.36 | $79,925 |
| 2016 | $1,739.36 | $70,862 |
| 2015 | $1,605.72 | $67,558 |
| 2014 | $1,476.78 | $63,382 |
| 2013 | $1,476.78 | $61,549 |
| 2012 | $831.33 | $60,520 |
| 2011 | $876.42 | $66,037 |
| 2010 | $925.81 | $73,714 |
| 2009 | $1,080.61 | $82,350 |
| 2008 | $1,303.17 | $93,714 |
| 2007 | $1,910.37 | $110,018 |
| 2006 | $1,994.61 | $107,335 |
| 2005 | $2,137.12 | $85,880 |
| 2004 | $0 | $67,639 |
| 2003 | $0 | $61,525 |
| 2002 | $0 | $60,083 |
| 2001 | $0 | $42,299 |
| 2000 | $449.67 | $36,481 |
Similar Properties Nearby
Explore other investment opportunities in Plant City.