For SaleExcellent Deal192 days on market
408 MCKAY DRIVE
408 MCKAY DRIVE, HAINES CITY, FL 33844, Haines City, FL 33844
$225,000
Estimate®:$222,700
Listing Price
408 MCKAY DRIVE, HAINES CITY, FL 33844
Loc: Haines City, FL
Days Listed
192
Tax Assessed
$208k
Estimate®
$223k
Market Rate
Lot Size
0.77 acres
Rent Estimate
$2,469/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.
2
Horizons Elementary School
PK-5
3.9 mi away
3
Shelley S. Boone Middle School
6-8
1.8 mi away
2
Ridge Community High School
9-12
2.8 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
Single Family Residence1920Central, Wall Units / Window UnitCentral Air, Wall/Window Unit(s)2 Garage spaces0.77 Acres192 Days$105
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 9/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
8.43%
Total ROI
142.1%
Cash Flow
$414/mo
DSCR
1.35
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $414/mo net cash flow with a 8.4% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.4%)
- • Strong rental demand in Haines 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 |
|---|---|---|---|
| 2026-08-14 | Price change | $225,000 | $105 |
| 2026-08-05 | Price change | $249,999 | $117 |
| 2026-07-26 | Price change | $275,000 | $129 |
| 2026-06-14 | Price change | $285,000 | $133 |
| 2026-06-01 | Price change | $315,000 | $147 |
| 2026-04-09 | Price change | $325,000 | $152 |
| 2026-03-16 | Listed for sale | $399,900 | $187 |
| 2022-03-02 | Sold | $249,900 | $117 |
| 2022-01-30 | Contingent | $249,900 | $117 |
| 2022-01-27 | Pending sale | $249,900 | $117 |
| 2022-01-13 | Listed for sale | $249,900 | $117 |
| 1992-03-01 | Sold | $8,000 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,051.26 | $208,319 |
| 2024 | $4,209.21 | $213,544 |
| 2023 | $4,135.51 | $207,951 |
| 2022 | $301.1 | $48,081 |
| 2021 | $289.58 | $46,681 |
| 2020 | $283.22 | $46,036 |
| 2019 | $272.14 | $45,001 |
| 2018 | $600.42 | $44,162 |
| 2017 | $596.98 | $43,254 |
| 2016 | $248.2 | $42,364 |
| 2015 | $253.32 | $42,070 |
| 2014 | $1,693.33 | $110,350 |
| 2013 | $1,514.86 | $108,719 |
| 2012 | $1,481.33 | $106,902 |
| 2011 | $1,370.76 | $103,788 |
| 2010 | $1,384.52 | $102,254 |
| 2009 | $1,335.25 | $99,566 |
| 2008 | $1,282.08 | $99,467 |
| 2006 | $1,651.05 | $0 |
| 2004 | $1,509.1 | $0 |
| 2003 | $1,506.88 | $89,243 |
| 2002 | $1,436.64 | $85,108 |
| 2001 | $1,404.61 | $83,768 |
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