For SaleNeutral Deal365 days on market
1588 W Elder Ln
1588 W Elder Ln, Citrus Springs, FL 34434, Citrus Springs, FL 34434
$240,000
Listing Price
1588 W Elder Ln, Citrus Springs, FL 34434
Loc: Citrus Springs, FL
Days Listed
365
Tax Assessed
$17k
Lot Size
10,019 sqft
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.
4
Citrus Springs Elementary School
PK-5
2 mi away
6
Citrus Springs Middle School
6-8
1.8 mi away
5
Lecanto High School
9-12
11 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 Residence2025Central, ElectricCentral Air2 Attached Garage spaces10,018 sqft365 Days$186
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.57%
Total ROI
101.7%
Cash Flow
$69/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $69/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Citrus Springs
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 |
|---|---|---|---|
| 2026-06-02 | Price change | $240,000 | $186 |
| 2025-09-23 | Listed for sale | $260,000 | $201 |
| 2003-08-18 | Sold | $1,800 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $212.84 | $4,685 |
| 2024 | $146.26 | $4,259 |
| 2023 | $138.04 | $3,872 |
| 2022 | $281.23 | $3,520 |
| 2021 | $262.82 | $3,200 |
| 2020 | $243.21 | $3,400 |
| 2019 | $228.46 | $2,920 |
| 2018 | $232.39 | $3,200 |
| 2017 | $232.39 | $2,920 |
| 2016 | $229.16 | $4,150 |
| 2015 | $240.04 | $3,880 |
| 2014 | $237.12 | $2,465 |
| 2013 | $225.43 | $2,550 |
| 2012 | $252.26 | $4,505 |
| 2011 | $266.89 | $5,414 |
| 2010 | $274.77 | $6,030 |
| 2009 | $313.03 | $8,114 |
| 2008 | $321.9 | $8,715 |
| 2007 | $382.82 | $23,100 |
| 2006 | $407.22 | $23,700 |
| 2005 | $242.94 | $12,400 |
| 2004 | $66.97 | $2,500 |
| 2003 | $41.83 | $1,200 |
| 2002 | $53.28 | $1,800 |
| 2000 | $47.54 | $1,500 |
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