222 4th St W · Zolfo Springs, FL 33890

$94,900

3 bd · 1.0 ba · 1,269 sqft · SingleFamily public records · 42 Days on market

Built 1944 0.34 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 +28.2/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• Appreciation +5.2/10.0
• Schools +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming opportunity in the heart of Zolfo Springs. This 3 bedroom, 1 bath home offers 1269 square feet of living space on a spacious 1/3 acre corner lot. The home has a metal roof and needs updating inside, ideal for investors. Conveniently situated near local schools, parks, and downtown amenities. Don't miss out on this affordable opportunity to make it your own

Key facts

• Metal roof
• Downtown amenities
• Local schools

Tags

• METAL ROOF
• CORNER LOT
• LOCAL SCHOOLS
• PARKS
• DOWNTOWN AMENITIES

Property features AI

Finance

• Other: Unfurnished; Corner lot with asphalt road access; Directions available: from US 17 turn west onto 4th St, continue 0.2 miles; home on the right
• Financial info: Property type: Residential, single-family; Zoning: R-1A; Total lot about 0.34 acres (approx. 100 x 150); No investor/cash-flow details provided
• HOA & community: No HOA/association

Exterior

• Parking: Parking details not provided
• Security: No security features listed
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family residence; One story; Faces south; Entry level: One
• Construction: Frame construction; Metal roof; Crawlspace foundation; Built area approximately 1,269 (public records)
• Exterior features: Corner lot; Located in county (not city)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: No central heating; Wall/window air conditioning units
• Interior features: No notable interior features listed
• Laundry & utility: Laundry located inside; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $302 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $92k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#417 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment C-, schools D, amenities F.
• Hardee (town): math 46% / reading 46% proficiency, ranked #50 of 73 in FL (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 53 active listings in the ZIP; 123 units permitted in Hardee County in 2024 (22 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($656 loan paydown + $407 appreciation (0.4% local appreciation)).
• Hardee County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (0.4% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $95k implies a 659% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,053 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.32% ✓
• Cap rate: 10.12%
• Cash-on-cash: 13.65%
• DSCR: 1.61
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $256,338
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3362 Poplar St	0.41mi	3/2.0	1,286 (+1%)	2mo	$260,000	$202	73
115 7th St W	0.32mi	3/1.0	1,256 (-1%)	24mo	$95,000	$76	64
3455 Hickory St	0.61mi	3/2.0	1,215 (-4%)	1mo	$259,000	$213	60
524 E Seventh St	0.56mi	3/2.0	1,237 (-2%)	13mo	$263,000	$213	54
3644 Suwannee St	0.53mi	3/2.0	1,232 (-3%)	22mo	$239,900	$195	49
3028 Brantwood Dr	0.48mi	2/1.0 (-1)	1,116 (-12%)	9mo	$182,000	$163	45

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

Projected returns pro-forma

0.43% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.1%
• Equity multiple: 1.69×
• Total profit: $18,442
• Equity at exit: $29,607

10-year hold

• IRR: 18.2%
• Equity multiple: 3.10×
• Total profit: $55,671
• Equity at exit: $37,269

Cash invested: $26,572 (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 33890

• Home prices YoY: 0.1%
• Active inventory: 53
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,251 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$149 /mo · $1,788/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $302

Break-even live

Break-even rent $869

Max offer price $94,900

Occupancy floor 71%

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $94,900 Active 42 DOM
2. 2026-06-18
   days on market $94,900 Active 41 DOM
3. 2026-06-17
   days on market $94,900 Active 40 DOM
4. 2026-06-16
   days on market $94,900 Active 39 DOM
5. 2026-06-15
   days on market $94,900 Active 38 DOM
6. 2026-06-14
   days on market $94,900 Active 36 DOM
7. 2026-06-13
   pricedays on market $94,900 Active 35 DOM
8. 2026-06-10
   days on market $104,900 Active 33 DOM
9. 2026-06-09
   days on market $104,900 Active 32 DOM
10. 2026-06-08
    days on market $104,900 Active 31 DOM
11. 2026-06-07
    days on market $104,900 Active 30 DOM
12. 2026-06-05
    pricedays on market $104,900 Active 27 DOM
13. 2026-06-03
    days on market $109,900 Active 26 DOM
14. 2026-06-02
    days on market $109,900 Active 25 DOM
15. 2026-06-01
    days on market $109,900 Active 24 DOM
16. 2026-05-31
    days on market $109,900 Active 23 DOM
17. 2026-05-30
    days on market $109,900 Active 22 DOM
18. 2026-05-15
    price $114,900 367-char remark

    Show marketing remark (367 chars)

    Charming opportunity in the heart of Zolfo Springs. This 3 bedroom, 1 bath home offers 1269 square feet of living space on a spacious 1/3 acre corner lot. The home has a metal roof and needs updating inside, ideal for investors. Conveniently situated near local schools, parks, and downtown amenities. Don't miss out on this affordable opportunity to make it your own

19. 2026-05-15
    price $114,900

    Show marketing remark (367 chars)

    Charming opportunity in the heart of Zolfo Springs. This 3 bedroom, 1 bath home offers 1269 square feet of living space on a spacious 1/3 acre corner lot. The home has a metal roof and needs updating inside, ideal for investors. Conveniently situated near local schools, parks, and downtown amenities. Don't miss out on this affordable opportunity to make it your own

20. 2026-05-08
    listed $119,900 Active 367-char remark

    Show marketing remark (367 chars)

    Charming opportunity in the heart of Zolfo Springs. This 3 bedroom, 1 bath home offers 1269 square feet of living space on a spacious 1/3 acre corner lot. The home has a metal roof and needs updating inside, ideal for investors. Conveniently situated near local schools, parks, and downtown amenities. Don't miss out on this affordable opportunity to make it your own

21. 2026-05-08
    listed $119,900 Active

    Show marketing remark (367 chars)

    Charming opportunity in the heart of Zolfo Springs. This 3 bedroom, 1 bath home offers 1269 square feet of living space on a spacious 1/3 acre corner lot. The home has a metal roof and needs updating inside, ideal for investors. Conveniently situated near local schools, parks, and downtown amenities. Don't miss out on this affordable opportunity to make it your own

22. 1971-02-01
    soldstatus $12,500

ⓘ 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: $1,788 · $149/mo
• Projected year-2 tax: $1,788 · $149/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 9/10 Extreme 7 d/yr ≥108°F today · 27 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: $15,015
• − Mortgage interest: −$5,316
• − Property taxes: −$1,788
• − Insurance: −$474
• − Repairs & maintenance: −$1,201
• − Management: −$1,201
• − Depreciation: −$2,761
• Taxable income: $2,274
• Est. tax owed @ 24.0%: −$546
• After-tax cash flow: $3,082/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: Hardee
• NCES district ID: 1200750
• Math proficiency: 46% ▼ -13.00%
• Reading proficiency: 46% ▼ -2.00%
• Median HH income: $36,868
• Composite: 38.22/100
• National rank: #4251
• State rank: #50 of 73 in FL

Livability — Zolfo Springs

• Score: 70/100
• State rank: #417
• US rank: #7464

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Zolfo Springs, FL
• Population (ZIP): 4,991

Population outlook (Hardee County) Hauer SSP2

• Today (2025): 25,462 people
• By 2030: 24,340 · -4.4%
• By 2040: 21,801 · -14.4%
• By 2050: 19,217 · -24.5%
• By 2075: 13,159 · -48.3%
• By 2100: 7,806 · -69.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 51% Hispanic / Latino 42% Two or more races 17% Black 3% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 37% Cuban 1%
• Common ancestry: Lithuanian 1% Italian 1% Scotch-Irish 1%
• Foreign-born: 14% · Canada
• Languages at home: 62% English-only · Spanish 36% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Hardee

• 2024 margin: Solid R (+56.3) · D 21.5% · R 77.8%
• 2008→2024 swing: -26.7pp toward R · 2008: -29.6pp · 2024: -56.3pp
• All cycles: 2024: R+56.3 2020: R+45.1 2016: R+40.8 2012: R+30.9 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.43%
• Current HPI: 320.3818
• 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

+819.2% since first listed

5 events — show timeline

• 2026-05-15 Price Changed $114,900 HAOR as distributed by MLS GRID
• 2026-05-15 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $119,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $119,900 HAOR as distributed by MLS GRID
• 1971-02-01 Sold (Public Records) $12,500 Public Records

Property tax history

+8.6%/yr

Latest (2025): $1,788 · +7.8% YoY. Source: county tax records.