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$724,990

For Sale - Active
5007 Booth Rd, Plant City, FL 33565
5 Beds
4 Baths
3,358 Square Feet
2.01 Acres Lot
Built in 1989
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 17, 2025 at 05:57AM

Investment Summary


Monthly Cash Flow
-$2,270
Cap Rate
2.4%
Cash-on-Cash Return
-16.3%
Debt Coverage Ratio
0.39
Internal Rate of Return (5 years)
-11.8%

Property Description


2.01 Acres Lot
Built in 1989
For Sale - Active
1 Units

Fully remodeled 5BR/3.5BA farmhouse-style home on 2 private acres in Plant City—offering the perfect blend of modern upgrades and country charm. With 3,385 sq ft of living space, this beautifully updated home features a brand-new kitchen with stylish cabinetry, countertops, and appliances, renovated bathrooms, new flooring throughout, and a new HVAC system. Built in 1989, the home also includes a newer roof (2018) and an attached 2-car garage. The thoughtful layout includes a unique 5th bedroom connected to the master suite, ideal for a nursery, home office, or sitting room. Step outside and enjoy a peaceful duck pond, mature trees, and wide-open views—ideal for those seeking privacy and space. The property is partially fenced and ready for you to start your own mini farm or homestead lifestyle. Bring your boats, RVs, and toys—there’s plenty of room, and best of all, no HOA restrictions or dues! Located in a USDA loan eligible area, qualified buyers can take advantage of zero down payment financing, making this rural retreat more affordable and accessible than ever. Just minutes from Keel Farms and major commuting routes, this competitively priced home is move-in ready and packed with value. A rare opportunity to enjoy peaceful country living without sacrificing convenience—schedule your tour today!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 10
  • # of Stories: 2
  • Basement Description: Crawl Space
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U142821ZZZ000003563800
  • Lot Size: 87340 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1989

Tax Information

  • Annual Tax: $4,201

Utilities

  • Water & Sewer: Private, Well
  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Viral Doshi, PA.
GRAYSTONE REAL ESTATE
(954) 842-8683

Source:
Stellar MLS
MLS#: TB8396276
Stellar MLS

Investment Summary


Monthly Cash Flow
-$2,270
Cap Rate
2.4%
Cash-on-Cash Return
-16.3%
Debt Coverage Ratio
0.39
Internal Rate of Return (5 years)
-11.8%

Purchase Details

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Purchase price:
$724,990
Amount financed:
-$579,992
Down payment:
$144,998
Closing costs:
$21,750
Rehab costs:
$0
Initial cash invested:
$166,748
Square feet:
3,358
Cost per square foot:
$216
Monthly rent per square foot:
$0.77

Financing Details

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Loan amount:
$579,992
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,714
Property tax:
$350
Insurance:
$182
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,246

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,600 $31,200
Vacancy loss: (6%)
6% -$156 -$1,872
Operating income:
$2,444 $29,328

Operating Expenses


% Rent Monthly Yearly
Property taxes: (13%)
13%-$350-$4,201
Insurance: (7%)
7%-$182-$2,184
Property management: (8%)
8%-$208-$2,496
Repairs & maintenance: (5%)
5%-$130-$1,560
Capital expenditures: (5%)
5%-$130-$1,560
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (38%)
38%-$1,000-$12,001

Cash Flow


Monthly Yearly
Net operating income:
$1,444 $17,328
Mortgage payments:
-$3,714 -$44,568
Cash flow:
$2,270 $27,240