3534 New York Ave · Sebring, FL 33870

$99,900

3 bd · 2.0 ba · 792 sqft · Manufactured public records · 62 Days on market

Built 1974 5,663 sqft lot Est $110k · 9% under

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Why this score? — see what drove the B 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).

• Cash flow +30.0/30.0
• ARV discount +11.7/15.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Come see this very well kept home in Sebring. NO HOA AND OWNED LAND!!! Home comes fully furnished with beautiful furniture. Close to shopping, restaurants and doctors. Home is priced to sell. It's a must see! SCHEDULE TODAY!!

Key facts

• Close to restaurants
• Close to doctors
• Owned land

Tags

• NO HOA
• OWNED LAND
• FULLY FURNISHED
• CLOSE TO SHOPPING
• CLOSE TO RESTAURANTS
• CLOSE TO DOCTORS

Property features AI

Exterior

• Parking: 2-space carport
• Utilities: Public water; Public sewer
• Home design: Mobile home; Single-story; Residential property
• Construction: Metal siding; Shingle roof
• Exterior features: Enclosed patio/porch; Side porch; Paved road frontage (50 ft)

Interior

• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: 8 total rooms; Vinyl flooring; Central heating (electric); Central electric cooling

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $100k.

Deal economics

• At list price, monthly cash flow is $436 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 4.3% in Sebring — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#618 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools D, amenities F, commute F.
• Highlands (other): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.3%/yr); 475 active listings in the ZIP; 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).
• This rent runs 34% of the median local income ($50k/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 $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $23k; list at $100k implies a 334% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $93,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.40% ✓
• Cap rate: 11.52%
• Cash-on-cash: 18.68%
• DSCR: 1.83
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $110,088
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3622 Delaware Ave	0.07mi	3/2.0	816 (+3%)	1mo	$120,000	$147	90
3336 Maine Ave	0.21mi	2/1.5 (-1)	786 (-1%)	6mo	$98,500	$125	77
3447 Delaware Ave	0.10mi	2/2.0 (-1)	720 (-9%)	5mo	$85,000	$118	71
2634 Georgia St	0.27mi	2/2.0 (-1)	784 (-1%)	12mo	$109,000	$139	71
3352 Illinois Ave	0.12mi	2/1.5 (-1)	842 (+6%)	10mo	$83,400	$99	68
3407 New York Ave	0.10mi	2/1.0 (-1)	784 (-1%)	21mo	$110,000	$140	67
3328 Illinois Ave	0.14mi	2/2.0 (-1)	732 (-8%)	14mo	$82,500	$113	64
3345 New York Ave	0.12mi	2/1.0 (-1)	720 (-9%)	11mo	$110,000	$153	61
3320 Michigan Ave	0.18mi	2/2.0 (-1)	854 (+8%)	16mo	$111,900	$131	60
2413 Georgia St	0.15mi	2/1.5 (-1)	720 (-9%)	13mo	$112,000	$156	60

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: 7.1%
• Equity multiple: 1.27×
• Total profit: $7,452
• Equity at exit: $14,895

10-year hold

• IRR: 13.6%
• Equity multiple: 1.94×
• Total profit: $26,373
• Equity at exit: $8,638

Cash invested: $27,972 (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 33870

• Home prices YoY: -20.0%
• Rents YoY: -0.3%
• Active inventory: 475
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,401 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$106 /mo · $1,273/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $436

Break-even live

Break-even rent $850

Max offer price $99,900

Occupancy floor 64%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $99,900 Active 62 DOM
2. 2026-06-18
   days on market $99,900 Active 61 DOM
3. 2026-06-17
   days on market $99,900 Active 60 DOM
4. 2026-06-16
   days on market $99,900 Active 59 DOM
5. 2026-06-15
   days on market $99,900 Active 58 DOM
6. 2026-06-14
   days on market $99,900 Active 56 DOM
7. 2026-06-10
   days on market $99,900 Active 53 DOM
8. 2026-06-09
   days on market $99,900 Active 52 DOM
9. 2026-06-08
   days on market $99,900 Active 51 DOM
10. 2026-06-07
    days on market $99,900 Active 50 DOM
11. 2026-06-02
    days on market $99,900 Active 45 DOM
12. 2026-06-01
    days on market $99,900 Active 44 DOM
13. 2026-05-31
    days on market $99,900 Active 43 DOM
14. 2026-05-30
    days on market $99,900 Active 42 DOM
15. 2026-04-26
    status Active
16. 2026-04-21
    historical Active Under Contract
17. 2026-04-18
    listed $99,900 Active
18. 2025-10-20
    price $104,900
19. 1998-02-12
    soldstatus $23,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,273 · $106/mo
• Projected year-2 tax: $1,273 · $106/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,817
• − Mortgage interest: −$5,596
• − Property taxes: −$1,273
• − Insurance: −$500
• − Repairs & maintenance: −$1,345
• − Management: −$1,345
• − Depreciation: −$2,906
• Taxable income: $3,851
• Est. tax owed @ 24.0%: −$924
• After-tax cash flow: $4,302/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: Highlands
• NCES district ID: 1200840
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,276
• Composite: 36.42/100
• National rank: #4672
• State rank: #54 of 73 in FL

Livability — Sebring

• Score: 66/100
• State rank: #618
• US rank: #11992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Highlands County · 98,898 people
• City population: 50,797
• Metro: Sebring-Avon Park, FL
• Population (ZIP): 25,195
• Household income: $49,942
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 994.0

Population outlook (Highlands County) Hauer SSP2

• Today (2025): 99,674 people
• By 2030: 99,615 · -0.1%
• By 2040: 99,342 · -0.3%
• By 2050: 98,242 · -1.4%
• By 2075: 93,291 · -6.4%
• By 2100: 79,894 · -19.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 22% Black 13% Two or more races 10% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 7% Cuban 5%
• Common ancestry: Slovak 2% Romanian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Jamaica, China
• Languages at home: 80% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Highlands

• 2024 margin: Solid R (+40.8) · D 29.3% · R 70.1%
• 2008→2024 swing: -22.7pp toward R · 2008: -18.1pp · 2024: -40.8pp
• All cycles: 2024: R+40.8 2020: R+34.4 2016: R+32.0 2012: R+23.0 2008: R+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.68%
• Current HPI: 273.9861
• Rent YoY: ▼ -0.29%
• Metro: Sebring-Avon Park, 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

+334.3% since first listed

5 events — show timeline

• 2026-04-26 Relisted — HAOR as distributed by MLS GRID
• 2026-04-21 Contingent — HAOR as distributed by MLS GRID
• 2026-04-18 Listed $99,900 HAOR as distributed by MLS GRID
• 2025-10-20 Price Changed $104,900 HAOR as distributed by MLS GRID
• 1998-02-12 Sold (Public Records) $23,000 Public Records

Property tax history

+7.2%/yr

Latest (2025): $1,273 · -7.3% YoY. Source: county tax records.