For SaleNeutral Deal5 days on market
8951 N MENDOZA WAY
8951 N MENDOZA WAY, CITRUS SPRINGS, FL 34434, Citrus Springs, FL 34434
$489,000
Estimate®:$486,000
Listing Price
8951 N MENDOZA WAY, CITRUS SPRINGS, FL 34434
Loc: Citrus Springs, FL
Days Listed
5
Tax Assessed
$43k
Estimate®
$486k
Market Rate
Lot Size
0.26 acres
Type
multi 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
2.8 mi away
6
Citrus Springs Middle School
6-8
1.9 mi away
5
Lecanto High School
9-12
12.1 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
Duplex, Multi Family2026ElectricCentral Air1 Attached Garage space5 Days$194
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.70%
Total ROI
104.6%
Cash Flow
$194/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $194/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $489,000 | $194 |
| 2025-12-08 | Sold | $43,500 | $17 |
| 2025-03-10 | Sold | $27,200 | $11 |
| 2017-02-03 | Sold | $1,820 | $1 |
| 2008-05-05 | Sold | $12,500 | $5 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $380.51 | $7,392 |
| 2024 | $264.62 | $6,720 |
| 2023 | $250.43 | $6,109 |
| 2022 | $174.5 | $5,554 |
| 2021 | $129.2 | $5,049 |
| 2020 | $122.57 | $4,590 |
| 2019 | $115.3 | $4,499 |
| 2018 | $84.48 | $4,090 |
| 2017 | $84.48 | $2,480 |
| 2016 | $59.34 | $2,080 |
| 2015 | $56.13 | $2,470 |
| 2014 | $63.41 | $2,471 |
| 2003 | $69.14 | $2,700 |
| 2002 | $77.31 | $3,100 |
| 2000 | $71.4 | $2,800 |
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