8431 S Lake Consuella Dr · Floral City, FL 34436

$136,000

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 97 Days on market

Built 1995 9,997 sqft lot

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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 +19.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• 1% rule +4.6/10.0
• Schools +4.1/10.0
• 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

One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

Key facts

• Storage shed
• 9,997 sq ft lot
• Garage

Tags

• FULLY FENCED BACK YARD
• STORAGE SHED

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $136k.

Deal economics

• At list price, monthly cash flow is $144 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $130k (4.4% below list).
• Recommended offer: $124k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.6% in Floral City — 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 67/100 on livability (#573 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, amenities F, commute F.
• Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Floral City Elementary School (math 47% / reading 52%, grade D, #1,088 of 2,144 statewide, top 53%, 389 students, 71% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL).
• Market conditions: 144 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $940 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($124k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,760 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% 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. 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?
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: 0.96% ✗
• Cap rate: 7.57%
• Cash-on-cash: 4.55%
• DSCR: 1.20
• GRM: 8.7

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: -9.2%
• Equity multiple: 0.66×
• Total profit: $-12,855
• Equity at exit: $20,278

10-year hold

• IRR: 0.2%
• Equity multiple: 1.02×
• Total profit: $587
• Equity at exit: $11,759

Cash invested: $38,080 (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 34436

• Home prices YoY: -3.1%
• Active inventory: 144
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,300 medium
• Mortgage (P&I): −$713
• Tax from tax record: −$113 /mo · $1,353/yr
• Insurance: −$57
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $144

Break-even live

Break-even rent $1,117

Max offer price $136,000

Occupancy floor 84%

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: $34,000
• Closing costs: $4,080
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9381 S Istachatta Rd Floral City, FL	2.0	1.0	1098	$1,300	$1.18	20d	1	1.42mi

Listing history 14 events

1. 2025-10-24
   status Pending 1289-char remark

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

2. 2025-10-24
   status Pending

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

3. 2025-10-17
   status Active 1289-char remark

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

4. 2025-10-17
   status Active

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

5. 2025-08-18
   status Pending 1289-char remark

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

6. 2025-08-18
   status Pending

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

7. 2025-05-20
   listed $136,000 Active
8. 2025-05-13
   listed $136,000 Active 1289-char remark

   Show marketing remark (1289 chars)

   One or more photo(s) has been virtually staged. The location says it all! This Floral City home is just a couple of blocks away from the famous 46 mile Withlacoochee State Trail, which is renowned for its scenic views through the small towns of three counties, from Dade City to Citrus Springs. Its paved surface is fantastic for jogging, bike riding, or just a leisurely stroll. Also just 5 minutes away is Floral Park, which is the home of the famous annual Floral City Strawberry Festival, which brings half a million people from all over for the 11 day festivities and has for over 90 years! If history is dear to your heart, you can drive through the beautiful Avenue of the Oaks and visit the Floral City Heritage Museum to see how this sweet town began and endures All floors have been done and the home has been upgraded. Brand new hot water heater just installed and all plumbing has been replaced. The back yard is fully fenced with a storage shed that houses your washer and dryer just outside your back door (although there is also a place for it inside!) and a new fence was added on the side. The large 16x24 shed in the front yard is optional. Its valued at $10K installed, can be purchased and retained on site for $5000, or removed at no cost before closing upon request.

9. 2023-04-20
   soldstatus $120,000
10. 2022-10-10
    historical
11. 2022-10-06
    status Active
12. 2022-08-04
    status Pending
13. 2022-07-12
    price $129,900
14. 2022-06-24
    listed $134,900 Active

ⓘ 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: $1,353 · $113/mo
• Projected year-2 tax: $1,353 · $113/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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: $15,600
• − Mortgage interest: −$7,618
• − Property taxes: −$1,353
• − Insurance: −$680
• − Repairs & maintenance: −$1,248
• − Management: −$1,248
• − Depreciation: −$3,956
• Taxable loss: −$503
• Est. tax savings @ 24.0%: +$121
• After-tax cash flow: $1,854/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: Citrus
• NCES district ID: 1200270
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $38,618
• Composite: 41.28/100
• National rank: #3519
• State rank: #44 of 73 in FL

Livability — Floral City

• Score: 67/100
• State rank: #573
• US rank: #10898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Floral City, FL
• City population: 8,170
• Population (ZIP): 8,170

Population outlook (Citrus County) Hauer SSP2

• Today (2025): 138,622 people
• By 2030: 136,886 · -1.3%
• By 2040: 132,009 · -4.8%
• By 2050: 125,196 · -9.7%
• By 2075: 108,570 · -21.7%
• By 2100: 84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 5% Hispanic / Latino 4% Black 4% Native American 2%
• Common ancestry: Lithuanian 4% Italian 4% Iranian 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 5% French/Haitian/Cajun 1%

Political lean MEDSL · Citrus

• 2024 margin: Solid R (+45.9) · D 26.8% · R 72.6%
• 2008→2024 swing: -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -12.20%
• Current HPI: 374.4353
• 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

+0.8% since first listed

14 events — show timeline

• 2025-10-24 Pending — RACC
• 2025-10-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-17 Relisted — RACC
• 2025-10-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-18 Pending — RACC
• 2025-08-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-20 Listed $136,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-13 Listed $136,000 RACC
• 2023-04-20 Sold (Public Records) $120,000 Public Records
• 2022-10-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-10-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-08-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-07-12 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2022-06-24 Listed $134,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+8.7%/yr

Latest (2025): $1,353 · +840.1% YoY. Source: county tax records.