8926 Jericho Ct · Polk City, FL 33868

$84,900

2 bd · 1.0 ba · 1,012 sqft · Manufactured public records · 144 Days on market

Built 1982 0.26 ac lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

Key facts

• Metal roof
• Large bonus room
• Screened front room

Tags

• WELL ESTABLISHED SUBDIVISION
• CONVENIENT ACCESS TO I-4
• LARGE BONUS ROOM
• SCREENED FRONT ROOM
• CONCRETE DRIVEWAY
• METAL ROOF

Property features AI

Finance

• Other: Lot approximately 0.26 acres (about 1/4 to less than 1/2 acre)
• HOA & community: No association indicated

Exterior

• Utilities: Public water; Public sewer; Broadband/high-speed internet available; Electricity connected
• Home design: Manufactured home (single wide); Residential property; One level; North-facing
• Construction: Metal siding; Metal roof; Crawlspace foundation; Completed condition; Built as single wide manufactured home
• Exterior features: Private mailbox; Paved road access

Interior

• Kitchen: Range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Thermostat
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $85k.

Deal economics

• At list price, monthly cash flow is $819 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#501 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D, amenities F, commute F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 422 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 144 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 13y ago; this cycle's ask has dropped $100k (54%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 144 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.18% ✓
• Cap rate: 17.87%
• Cash-on-cash: 41.36%
• DSCR: 2.84
• GRM: 3.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 38.0%
• Equity multiple: 2.62×
• Total profit: $38,492
• Equity at exit: $12,659

10-year hold

• IRR: 44.5%
• Equity multiple: 5.25×
• Total profit: $100,969
• Equity at exit: $7,341

Cash invested: $23,772 (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 33868

• Home prices YoY: -9.3%
• Active inventory: 422
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,850 medium
• Mortgage (P&I): −$445
• Tax from tax record: −$162 /mo · $1,938/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $819

Break-even live

Break-even rent $813

Max offer price $84,900

Occupancy floor 51%

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
349 Honey Bee Ln Polk City, FL	3.0	2.0	1325	$1,850	$1.40	23d	1	1.42mi

Listing history 28 events

1. 2026-06-05
   statusdays on market $84,900 Pending 144 DOM
2. 2026-06-03
   days on market $84,900 Active 142 DOM
3. 2026-06-01
   days on market $84,900 Active 141 DOM
4. 2026-05-31
   days on market $84,900 Active 140 DOM
5. 2026-05-12
   price $84,900
6. 2026-04-08
   price $119,990
7. 2026-02-27
   price $159,900
8. 2026-01-11
   listed $184,900 Active
9. 2023-06-23
   soldstatus $166,000 Closed 421-char remark

   Show marketing remark (421 chars)

   Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

10. 2023-06-07
    soldstatus $166,000
11. 2023-04-12
    status Pending 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

12. 2023-04-05
    status Active 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

13. 2023-04-04
    status Pending 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

14. 2023-03-17
    status Active 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

15. 2023-03-08
    status Pending 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

16. 2023-02-10
    price $164,900 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

17. 2023-01-02
    listed $169,900 Active 421-char remark

    Show marketing remark (421 chars)

    Very nice remodeled manufactured home. Great location in a nice subdivision. Easy access to I-4 and Disney. 1,057 SF Home has 2 bedrooms & 1 bath. Has an extra real big room off the living room that could be converted to a 3rd bedroom. New carpet, vinyl and paint throughout. Big screen room on front. Concrete driveway. Metal roof, and lap siding. Nice big shed with power & water. Home is move-in ready!

18. 2022-10-25
    soldstatus $89,000
19. 2016-06-08
    soldstatus $15,000 Sold 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

20. 2016-05-31
    status Pending 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

21. 2016-05-28
    status Active 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

22. 2016-05-24
    historical 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

23. 2016-05-20
    price $12,500 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

24. 2016-05-11
    price $19,800 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

25. 2016-04-13
    listed $22,000 Active 412-char remark

    Show marketing remark (412 chars)

    Great location with convenient access to Berkley Road and Commonwealth Avenue. This 2 bedroom 1 bathroom manufactured home also features an open living room, spacious kitchen, and covered porch. Bring the toys, with over 1/4 acre, there is plenty of yard. Also within close proximity to Berkley Charter school as well as The Florida Polytechnic University. Call us today!! This is a Fannie Mae HomePath property.

26. 2013-08-30
    historical
27. 2013-07-23
    listed $22,500
28. 1993-08-10
    soldstatus $26,500

ⓘ 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: $1,938 · $162/mo
• Projected year-2 tax: $1,938 · $162/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,200
• − Mortgage interest: −$4,756
• − Property taxes: −$1,938
• − Insurance: −$424
• − Repairs & maintenance: −$1,776
• − Management: −$1,776
• − Depreciation: −$2,470
• Taxable income: $9,060
• Est. tax owed @ 24.0%: −$2,174
• After-tax cash flow: $7,658/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: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Polk City

• Score: 68/100
• State rank: #501
• US rank: #9243

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 13,676

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Hispanic / Latino 22% Two or more races 14% Black 6%
• Hispanic origin (detail): Mexican 6% Puerto Rican 11% Dominican 2%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 80% English-only · Spanish 17% Other Indo-European 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -33.52%
• Current HPI: 325.6917
• Rent YoY: —
• Metro: —
• 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

+220.4% since first listed

24 events — show timeline

• 2026-05-12 Price Changed $84,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-08 Price Changed $119,990 Stellar MLS as Distributed by MLS Grid
• 2026-02-27 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-11 Listed $184,900 Stellar MLS as Distributed by MLS Grid
• 2023-06-23 Sold (MLS) $166,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-07 Sold (Public Records) $166,000 Public Records
• 2023-04-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-04-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-04-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-03-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-10 Price Changed $164,900 Stellar MLS as Distributed by MLS Grid
• 2023-01-02 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2022-10-25 Sold (Public Records) $89,000 Public Records
• 2016-06-08 Sold (MLS) $15,000 Stellar MLS as Distributed by MLS Grid
• 2016-05-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-05-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-05-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-05-20 Price Changed $12,500 Stellar MLS as Distributed by MLS Grid
• 2016-05-11 Price Changed $19,800 Stellar MLS as Distributed by MLS Grid
• 2016-04-13 Listed $22,000 Stellar MLS as Distributed by MLS Grid
• 2013-08-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-07-23 Listed $22,500 Stellar MLS as Distributed by MLS Grid
• 1993-08-10 Sold (Public Records) $26,500 Public Records

Property tax history

+9.9%/yr

Latest (2025): $1,938 · -17.0% YoY. Source: county tax records.