211 S Ulysses Dr · Apopka, FL 32703

$5,000

3 bd · 1.0 ba · 1,194 sqft · SingleFamily public records · 7 Days on market

Built 1959

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +7.2/30.0
• Schools +4.1/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• Rent growth +1.8/5.0
• DSCR +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Foreclosure Auction Ends May 27, 2026 at 11:00 AM EST. Explore this charming 3-bedroom, 1-bath residence set in a peaceful and well-located Apopka community. The list price is the opening bid for the online auction. Sold As-is. Explore more details and submit your bid through Federa.

Key facts

• 2 garage spots
• Listed 7 days

Property features AI

Finance

• Other: Property is located at 211 S Ulysses Dr, Apopka, FL; Directions: From US-441, turn onto Park Ave, then onto S Ulysses Dr and continue to the property.

Exterior

• Parking: Attached or detached 2-car garage
• Home design: Residential property; Single-story home
• Exterior features: Lot is approximately 0.18 acre; Zoned R-1 (single-family residential)

Interior

• Bathrooms: One full bathroom
• Interior features: Single-story layout

🔨 Auction listing. The $5,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $318,798 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $-433 ($-5k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $5k).
• Cap rate 4.7% vs local median 3.8% in Apopka — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#594 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living B+, employment B; Watch: schools D+, crime D-, amenities F.
• Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.8%/yr); 573 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
• This rent runs 37% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 95.6% of price; built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.70% ✗
• Cap rate: 4.66%
• Cash-on-cash: -5.82%
• DSCR: 0.74
• GRM: 11.9

CMA / ARV

• ARV (on-the-fly): $318,798
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1816 Haperon St	0.26mi	3/2.0	1,311 (+10%)	12mo	$350,000	$267	58
141 Dovetail Ct	0.74mi	3/2.0	1,206 (+1%)	5mo	$322,500	$267	56
2125 Kilmer Ln	0.64mi	3/2.0	1,128 (-6%)	16mo	$340,000	$301	44
502 Roger Williams Rd	0.63mi	4/2.0 (+1)	1,236 (+4%)	17mo	$190,000	$154	42
2207 Deanna Dr	0.40mi	3/2.0	1,353 (+13%)	19mo	$285,000	$211	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -29.6%
• Equity multiple: 0.04×
• Total profit: $-85,764
• Equity at exit: $47,534

10-year hold

• IRR: -49.3%
• Equity multiple: -0.52×
• Total profit: $-135,426
• Equity at exit: $27,564

Cash invested: $89,263 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32703

• Rents YoY: -2.8%
• Active inventory: 573
• Price-to-rent: 0.2×

Monthly cashflow live

• Estimated rent: $2,241 high
• Mortgage (P&I): −$1,672
• Tax est. 1.5%: −$398 /mo · $4,782/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$471
• Net cashflow: $-433

Break-even live

Break-even rent $2,789

Max offer price $256,156

Occupancy floor —

Sensitivity live

Price	-10% $-213	-5% $-323	+0% $-433	+5% $-543	+10% $-653
Rent	-10% $-610	-5% $-521	+0% $-433	+5% $-344	+10% $-256
Rate	-1.0pp $-272	-0.5pp $-352	base $-433	+0.5pp $-516	+1.0pp $-600

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $79,700
• Closing costs: $9,564
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1548 Wekiva Crossing Blvd Apopka, FL	4.0	2.0	1422	$2,495	$1.75	25d	1	0.16mi
1722 Wekiva Crossing Blvd Apopka, FL	3.0	2.0	1292	$2,180	$1.69	3d	1	0.17mi
518 Lake Bridge Ln Apopka, FL	1.0–2.0	1.0–2.0	875	$1,796	$2.05	3d	18	0.46mi
900 Hyacinth Cove Ct Apopka, FL	3.0	2.0	1484	$2,649	$1.79	12d	1	0.75mi
178 Dovetail Ct Apopka, FL	3.0	2.0	1158	$2,150	$1.86	25d	1	0.76mi
1236 Dovehill Dr Unit 1244 Apopka, FL	2.0	2.5	1052	$1,700	$1.62	25d	1	0.78mi
487 Blue Bird St Apopka, FL	2.0	1.0	1075	$1,750	$1.63	25d	1	0.91mi
500 Jordan Stuart Cir Apopka, FL	1.0–3.0	1.0–2.0	967	$2,156	$2.23	3d	16	0.98mi
2748 Candlewood Ct Apopka, FL	3.0	2.5	1358	$2,199	$1.62	0d	1	1.07mi
850 E Votaw Rd Apopka, FL	2.0	1.0	912	$1,595	$1.75	16d	1	1.24mi
3000 Foxhill Cir Apopka, FL	1.0–3.0	1.0–2.5	1208	$2,236	$1.85	0d	19	1.32mi
617 E 1st St Apopka, FL	2.0	2.0	1288	$2,195	$1.70	25d	1	1.42mi

Listing history 2 events

1. 2026-05-19
   listed $5,000 Active
2. 1989-12-01
   soldstatus $38,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,890
• − Mortgage interest: −$17,858
• − Property taxes: −$4,782
• − Insurance: −$1,594
• − Repairs & maintenance: −$2,151
• − Management: −$2,151
• − Depreciation: −$9,274
• Taxable loss: −$10,920
• Est. tax savings @ 24.0%: +$2,621
• After-tax cash flow: $-2,574/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Orange
• NCES district ID: 1201440
• Math proficiency: 46% ▼ -9.00%
• Reading proficiency: 51% ▼ -2.00%
• Median HH income: $49,350
• Composite: 41.47/100
• National rank: #3461
• State rank: #43 of 73 in FL

Livability — Apopka

• Score: 66/100
• State rank: #594
• US rank: #11020

Category grades

Amenities F Commute F Cost of living B+ Crime D- Employment B Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 1,471,359 people
• City population: 109,852
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 59,269
• Household income: $72,880
• Rent vs Own: 34.2% rent · 65.8% own
• Severe rent burden: 2191.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 1,618,226 people
• By 2030: 1,787,404 · +10.5%
• By 2040: 2,125,621 · +31.4%
• By 2050: 2,454,016 · +51.6%
• By 2075: 3,173,711 · +96.1%
• By 2100: 3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 35% Hispanic / Latino 30% Black 28% Two or more races 16% Asian 3%
• Hispanic origin (detail): Mexican 6% Puerto Rican 12% Cuban 3% Dominican 2%
• Common ancestry: Hispanic 4% Romanian 1% Italian 1%
• Foreign-born: 18% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 22% French/Haitian/Cajun 3% Other Indo-European 1%

Political lean MEDSL · Orange

• 2024 margin: D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
• 2008→2024 swing: -5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
• All cycles: 2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -206.30%
• Current HPI: 319.2139
• Rent YoY: ▼ -2.75%
• Metro: Orlando-Kissimmee-Sanford, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-86.8% since first listed

2 events — show timeline

• 2026-05-19 Listed $5,000 NFMLS
• 1989-12-01 Sold (Public Records) $38,000 Public Records

Property tax history

+19.3%/yr

Latest (2025): $4,429 · +37.0% YoY. Source: county tax records.