Off MarketRisky Deal91 days on market
1355 N REED TERRACE
1355 N REED TERRACE, INVERNESS, FL 34453, Inverness, FL 34453
$99,900
Listing Price
1355 N REED TERRACE, INVERNESS, FL 34453
Loc: Inverness, FL
Days Listed
91
Tax Assessed
$111k
Lot Size
10,525 sqft
Type
manufactured
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.
3
Hernando Elementary School
PK-5
1.4 mi away
4
Inverness Middle School
6-8
2.9 mi away
4
Citrus High School
9-12
3.7 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
mobile homemanufactured homesingle-storyranch stylemetal sidinglarge yardmature treescarportcovered patiorural settingspacious lotshaded yardresidential property
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.50%
Total ROI
56.7%
Cash Flow
$-144/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-144/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Inverness, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-01-22 | Sold | $80,200 | $64 |
| 2023-03-30 | Sold | $139,900 | $111 |
| 2023-02-16 | Pending sale | $139,900 | $111 |
| 2023-01-30 | Listed for sale | $139,900 | $111 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,824.28 | $110,700 |
| 2024 | $1,627.93 | $100,636 |
| 2023 | $1,349.83 | $81,100 |
| 2022 | $566.79 | $62,806 |
| 2021 | $773.88 | $43,567 |
| 2020 | $679.62 | $39,606 |
| 2019 | $666.04 | $37,753 |
| 2018 | $599.62 | $34,798 |
| 2017 | $599.62 | $31,201 |
| 2016 | $560.22 | $29,259 |
| 2015 | $548.16 | $29,887 |
| 2014 | $556.21 | $26,240 |
| 2013 | $498.1 | $27,370 |
| 2012 | $475.51 | $28,625 |
| 2011 | $533.59 | $32,191 |
| 2010 | $81.59 | $29,153 |
| 2009 | $126.51 | $31,755 |
| 2008 | $125.37 | $31,724 |
| 2007 | $108.24 | $30,800 |
| 2006 | $108.32 | $30,100 |
| 2005 | $102.32 | $29,300 |
| 2004 | $90.76 | $28,500 |
| 2003 | $79.59 | $28,000 |
| 2002 | $44.37 | $27,400 |
| 2000 | $75.75 | $28,200 |
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