5506 Clove Row · Haines City, FL 33844

$285,210

4 bd · 2.0 ba · 1,607 sqft · Land · 183 Days on market

Built 2025 4,400 sqft lot $50/mo HOA · 2% of rent ↓ 8% since listing

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Why this score? — see what drove the D- 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 +11.1/30.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• 1% rule +3.5/10.0
• Schools +3.5/10.0
• DSCR +3.2/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Brand new, energy-efficient home available NOW! An open floorplan that makes entertaining easy in the open kitchen, dining, and great room that flow to the patio. The primary suite is tucked in the rear of the home offering plenty of privacy and features a spacious walk-in closet and shower. Now pre-selling from the low $300s, Crosswinds Classic Series offers single-family homes in Davenport and Haines City. Residents will have access to an array of resort-style amenities including a pool and cabana, 2 dog parks, playground, walking trails, and 2 sports fields. Schedule an appointment today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy mor

Key facts

• Dog parks
• Open floorplan
• Pool and cabana

Tags

• OPEN FLOORPLAN
• ENERGY-EFFICIENT HOME
• SPACIOUS WALK-IN CLOSET
• RESORT-STYLE AMENITIES
• POOL AND CABANA
• DOG PARKS

Property features AI

Finance

• Other: Irrigation equipment included; Home warranty included; Green / energy-efficient features: ENERGY STAR windows, efficient appliances, HVAC, insulation, roof, thermostat, water heater, and windows; Green indoor air quality features: MERV 10+ air filters, low-VOC cabinets/counters/flooring/paint; Green water conservation: low-flow fixtures
• Financial info: Other annual assessment amount listed
• HOA & community: Crosswinds East Homeowners Association (monthly HOA about $50.31 / $150.92 quarterly); Community amenities: park, pool, trails, sidewalks, street lights; Pets allowed

Exterior

• Parking: Attached 2-car garage with 15x20 dimensions; Driveway; Garage door opener
• Security: Security system; Smoke detector(s)
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected; Water connected; Underground utilities; Cable available; Phone available; Fire hydrant
• Home design: Single-family residence; One-story; Under construction (projected completion October 24, 2025); North-facing
• Construction: Built by Meritage Homes (model: Acadia); Block, cement siding, stucco and frame construction; Shingle roof; Slab foundation; New construction
• Exterior features: Covered front porch; Patio; Sidewalk; Sliding doors; Drip irrigation; Florida-friendly/native landscaping

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stone countertops; Exhaust fan
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Open floorplan; Split-bedroom layout; Stone counters; Programmable thermostat; Walk-in closet(s); Window treatments; ENERGY STAR qualified windows; Security system; Smoke detector(s)
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $285k.

Deal economics

• At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $268k (5.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (15.5% below list).
• Recommended offer: $241k (15.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 74/100 on livability (#285 in FL, #4,575 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment 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.
• Zoned schools: Eastside Elementary School (math 33% / reading 29%, grade F, #1,854 of 2,144 statewide, top 87%, 615 students, 66% FRL); Ridge Community High School (math 12% / reading 33%, grade F, #539 of 667 statewide, top 81%, 2,711 students, 48% FRL) — zoned schools at 57% FRL track the district average.
• Zoned-school proficiency averages 27% at this address vs 41% district-wide (-14 pts) — the specific schools serving this property underperform the Polk average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.2%/yr); 1333 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• At $2,410/mo this rent would consume 45% of the median local household income ($64k/yr) (locally 1107% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 183 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $241,004 (15.5% below list)

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. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.85% ✗
• Cap rate: 5.80%
• Cash-on-cash: -1.76%
• DSCR: 0.92
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.16% rent growth · sell at horizon

5-year hold

• IRR: -21.3%
• Equity multiple: 0.27×
• Total profit: $-57,988
• Equity at exit: $42,526

10-year hold

• IRR: -19.9%
• Equity multiple: 0.03×
• Total profit: $-77,153
• Equity at exit: $24,660

Cash invested: $79,859 (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 33844

• Home prices YoY: -26.7%
• Rents YoY: 1.2%
• Active inventory: 1333
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,410 high
• Mortgage (P&I): −$1,496
• Tax est. 1.5%: −$357 /mo · $4,278/yr
• Insurance: −$119
• HOA: −$50
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $-117

Break-even live

Break-even rent $2,558

Max offer price $268,267

Occupancy floor 100%

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: $71,302
• Closing costs: $8,556
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5009 Katrina Dr Haines City, FL	4.0	2.0	1840	$2,500	$1.36	23d	1	0.04mi
5153 Green Belt Dr Haines City, FL	4.0	2.0	1824	$2,300	$1.26	14d	1	0.11mi
5157 Green Belt Dr Haines City, FL	4.0	3.0	2109	$2,900	$1.38	3d	1	0.11mi
5177 Green Belt Dr Haines City, FL	4.0	3.0	2109	$2,920	$1.38	3d	1	0.11mi
5193 Green Belt Dr Haines City, FL	4.0	2.0	1824	$2,099	$1.15	23d	1	0.12mi
4770 Katrina Dr Haines City, FL	3.0	2.0	2109	$2,000	$0.95	23d	1	0.16mi
4746 Katrina Dr Haines City, FL	4.0	2.0	1818	$2,095	$1.15	23d	1	0.16mi
4813 Katrina Dr Haines City, FL	4.0	2.0	2000	$2,000	$1.00	23d	1	0.21mi
914 Princess Sabal Pt Haines City, FL	3.0	2.0	1677	$1,775	$1.06	14d	1	0.33mi
1433 Princess Tree Ct Haines City, FL	4.0	2.0	1828	$1,999	$1.09	23d	1	0.42mi
3910 Amers Loop Haines City, FL	5.0	2.5	2112	$2,600	$1.23	23d	1	0.50mi
3898 Amers Loop Haines City, FL	4.0	2.5	1874	$2,150	$1.15	23d	1	0.51mi
3874 Amers Loop Haines City, FL	4.0	2.5	1874	$2,130	$1.14	3d	1	0.54mi
2203 Pigeon Plum Dr Haines City, FL	4.0	3.0	1887	$2,190	$1.16	10d	1	0.59mi
4156 Hummock Pl Haines City, FL	3.0	2.5	1548	$1,850	$1.20	23d	1	0.65mi
3754 King Hill Dr Haines City, FL	3.0	2.5	1720	$1,800	$1.05	23d	1	0.66mi
1950 Pond Pine Ct Haines City, FL	4.0	2.0	1939	$1,975	$1.02	23d	1	0.71mi
621 Sand Pine Ln Haines City, FL	4.0	2.5	2040	$2,350	$1.15	10d	1	0.74mi
1276 Tupelo Trl Haines City, FL	4.0	3.0	1900	$1,895	$1.00	11d	1	0.75mi
1361 Current Pl Haines City, FL	4.0	2.0	1630	$2,100	$1.29	23d	1	0.84mi
429 Silver Palm Dr Haines City, FL	4.0	2.0	1625	$1,990	$1.22	19d	1	0.86mi
1462 Sea Glass Rd Haines City, FL	4.0	2.5	2168	$2,200	$1.01	23d	1	0.92mi
1138 Foreshore Ln Haines City, FL	3.0	2.0	1734	$2,200	$1.27	23d	1	0.94mi
202 Hidden Lake Loop Haines City, FL	4.0	2.0	1981	$1,905	$0.96	12d	1	0.94mi
148 Summerlin Loop Haines City, FL	3.0	2.0	1579	$1,850	$1.17	14d	1	0.94mi
333 Hidden Lake Loop Haines City, FL	4.0	2.0	1909	$1,985	$1.04	12d	1	0.97mi
299 Bottle Brush Dr Haines City, FL	4.0	2.0	1763	$2,300	$1.30	23d	1	0.97mi
167 Hidden Lake Loop Haines City, FL	4.0	2.0	1981	$2,020	$1.02	19d	1	1.00mi
1105 Lexington Ln Haines City, FL	4.0	2.0	2123	$1,995	$0.94	19d	1	1.03mi
117 Hidden Lake Loop Haines City, FL	4.0	2.5	2099	$2,085	$0.99	23d	1	1.04mi
120 Hidden Lake Loop Haines City, FL	4.0	2.0	1909	$2,020	$1.06	14d	1	1.06mi
1364 Conch Key Ln Davenport, FL	3.0	2.0	1485	$2,150	$1.45	3d	1	1.07mi
432 Summer Grove Ln Haines City, FL	3.0	2.0	1286	$1,850	$1.44	23d	1	1.13mi
239 Summerlin Ln Haines City, FL	4.0	2.0	2168	$2,300	$1.06	23d	1	1.16mi
1053 Ambleside Dr Haines City, FL	4.0	3.0	2000	$2,550	$1.27	23d	1	1.41mi

HOA detail

• Monthly dues: $50 · $600/yr
• Likely covers: pool

Listing history 8 events

1. 2026-05-12
   status Pending
2. 2026-05-08
   price $285,210
3. 2026-05-08
   status Active
4. 2026-03-31
   status Pending
5. 2026-03-21
   price $285,640
6. 2026-02-13
   price $305,640
7. 2025-10-10
   price $311,640
8. 2025-10-03
   listed $310,640 Active

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

Taxation est. · year 1

• Rental income: $28,920
• − Mortgage interest: −$15,976
• − Property taxes: −$4,278
• − Insurance: −$1,426
• − Repairs & maintenance: −$2,314
• − Management: −$2,314
• − HOA: −$600
• − Depreciation: −$8,297
• Taxable loss: −$6,284
• Est. tax savings @ 24.0%: +$1,508
• After-tax cash flow: $103/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 — Haines City

• Score: 74/100
• State rank: #285
• US rank: #4575

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Haines City, FL
• County: Polk County · 740,051 people
• City population: 51,255
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 51,255
• Household income: $63,650
• Rent vs Own: 29.6% rent · 70.4% own
• Severe rent burden: 1107.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 48% White 31% Black 18% Two or more races 12% Asian 1%
• Hispanic origin (detail): Mexican 19% Puerto Rican 19% Cuban 1% Dominican 3%
• Common ancestry: Hispanic 4% Lithuanian 1% Romanian 1%
• Foreign-born: 15% · Canada, Jamaica, Guatemala
• Languages at home: 55% English-only · Spanish 39% French/Haitian/Cajun 4% Other Indo-European 0%

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: ▼ -105.94%
• Current HPI: 291.0798
• Rent YoY: ▲ 1.16%
• Metro: Lakeland-Winter Haven, 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

-8.2% since first listed

8 events — show timeline

• 2026-05-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Price Changed $285,210 Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Price Changed $285,640 Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Price Changed $305,640 Stellar MLS as Distributed by MLS Grid
• 2025-10-10 Price Changed $311,640 Stellar MLS as Distributed by MLS Grid
• 2025-10-03 Listed $310,640 Stellar MLS as Distributed by MLS Grid