For SaleRisky Deal5 days on market
505 Hickory Rd
505 Hickory Rd, Inverness, FL 34450, Inverness, FL 34450
$259,900
Listing Price
505 Hickory Rd, Inverness, FL 34450
Loc: Inverness, FL
Days Listed
5
Tax Assessed
$152k
Lot Size
0.33 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Inverness Primary School
PK-5
1 mi away
4
Inverness Middle School
6-8
1 mi away
4
Citrus High School
9-12
1.1 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-storygabled entrycurb appealcozywell-manicured lawnshutterslandscapedresidentialoutdoor lightingtransom windowsuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.0%
Cash Flow
$-22/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-22/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Inverness
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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $259,900 | $152 |
| 2017-07-11 | Sold | $80,000 | $47 |
| 2017-07-10 | Listed for sale | $89,900 | $53 |
| 2017-06-02 | Pending sale | $89,900 | $53 |
| 2017-03-23 | Listed for sale | $89,900 | $53 |
| 2017-01-24 | Sold | $31,850 | $19 |
| 2016-12-15 | Pending sale | $43,400 | $25 |
| 2016-12-14 | Listed for sale | $43,400 | $25 |
| 2016-12-12 | Pending sale | $43,400 | $25 |
| 2016-12-12 | Listed for sale | $43,400 | $25 |
| 2016-12-08 | Pending sale | $43,400 | $25 |
| 2016-12-02 | Price change | $43,400 | $25 |
| 2016-10-30 | Price change | $49,600 | $29 |
| 2016-09-03 | Pending sale | $55,800 | $33 |
| 2016-08-22 | Price change | $55,800 | $33 |
| 2016-06-14 | Listed for sale | $62,000 | $36 |
| 2016-05-06 | Sold | $38,500 | $23 |
| 2015-12-07 | Sold | $15,100 | $9 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $882.29 | $84,862 |
| 2024 | $845.12 | $82,470 |
| 2023 | $802.3 | $80,068 |
| 2022 | $737.38 | $77,736 |
| 2021 | $692.98 | $75,472 |
| 2020 | $690.4 | $74,430 |
| 2019 | $697.62 | $72,757 |
| 2018 | $1,399.4 | $61,620 |
| 2017 | $1,399.4 | $50,122 |
| 2016 | $1,145.55 | $43,744 |
| 2015 | $1,003.6 | $38,416 |
| 2014 | $877.69 | $43,420 |
| 2013 | $571.89 | $49,150 |
| 2012 | $567.34 | $51,510 |
| 2011 | $581.37 | $53,845 |
| 2010 | $560.8 | $53,050 |
| 2009 | $650.22 | $64,042 |
| 2008 | $713.69 | $74,612 |
| 2007 | $997.77 | $74,500 |
| 2006 | $1,011.91 | $75,300 |
| 2005 | $1,485.02 | $63,600 |
| 2004 | $1,178.39 | $48,500 |
| 2003 | $433.71 | $43,300 |
| 2002 | $420.89 | $42,300 |
| 2000 | $381.71 | $40,500 |
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