5483 Karen Ct · Orlando, FL 32811

$249,000

4 bd · 2.0 ba · 1,176 sqft · SingleFamily public records · 19 Days on market

Built 1972 7,697 sqft lot Est $312k · 20% under

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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).

• ARV discount +15.0/15.0
• Cash flow +12.6/30.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• DSCR +3.8/10.0
• 1% rule +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This residence features a 1-car attached garage and a spacious backyard complete with a convenient storage shed. The interior is well-maintained and includes all appliances. Key updates include a 2010 HVAC system and a roof installed in 2008. Connected to public water and sewer, this home is in good shape and offers a great foundation for those looking to add their own personal touch.

Key facts

• Public sewer
• Spacious backyard
• Attached garage

Tags

• ATTACHED GARAGE
• SPACIOUS BACKYARD
• STORAGE SHED
• HVAC SYSTEM
• PUBLIC WATER
• PUBLIC SEWER

Property features AI

Finance

• Other: Unfurnished; Zoned R-1; Lot about 0.18 acres; Living area approximately 1,176 sq ft (public records)

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single family residence; One story; Facing east
• Construction: Concrete construction; Shingle roof; Slab foundation; Built as residential
• Exterior features: Other exterior features

Interior

• Kitchen: Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: In-home laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $249k.

Deal economics

• At list price, monthly cash flow is $-32 ($-382/yr) — negative.
• To cash-flow at today's rent, offer at most $244k (1.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (14.1% below list).
• Recommended offer: $214k (14.1% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 3.0% in Orlando — 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 86/100 on livability (#12 in FL, #360 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 238 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
• At $2,138/mo this rent would consume 47% of the median local household income ($54k/yr) (locally 2728% 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 $7k of value loss. Plan a longer hold.
• Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $45k; list at $249k implies a 455% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $213,796 (14.1% 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. Built in 1972 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.86% ✗
• Cap rate: 6.14%
• Cash-on-cash: -0.55%
• DSCR: 0.98
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $311,640
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1229 Lescot Ln	0.62mi	4/2.0	1,104 (-6%)	9mo	$259,000	$235	54
5133 Luna Negra Dr	0.59mi	3/2.0 (-1)	1,148 (-2%)	23mo	$340,000	$296	44
5022 Lanette St	0.47mi	3/1.5 (-1)	1,020 (-13%)	8mo	$270,000	$265	42
4752 Amoy Ct	0.72mi	3/1.5 (-1)	1,104 (-6%)	20mo	$196,000	$178	33

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 · 0.15% rent growth · sell at horizon

5-year hold

• IRR: -20.4%
• Equity multiple: 0.31×
• Total profit: $-48,303
• Equity at exit: $37,127

10-year hold

• IRR: -21.6%
• Equity multiple: 0.03×
• Total profit: $-67,643
• Equity at exit: $21,529

Cash invested: $69,720 (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 32811

• Home prices YoY: -33.8%
• Rents YoY: 0.1%
• Active inventory: 238
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,138 high
• Mortgage (P&I): −$1,306
• Tax est. 1.5%: −$311 /mo · $3,735/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $-32

Break-even live

Break-even rent $2,178

Max offer price $244,399

Occupancy floor 96%

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1401 S Kirkman Rd Orlando, FL	1.0–3.0	1.0–2.0	975	$2,116	$2.17	1d	32	0.24mi
1025 Clovercrest Rd Orlando, FL	3.0	2.0	1050	$2,100	$2.00	23d	1	0.25mi
1025 Clovercrest Rd Orlando, FL	3.0	2.0	1050	$2,100	$2.00	17d	1	0.25mi
907 S Kirkman Rd Orlando, FL	2.0–4.0	2.0	1131	$1,871	$1.65	2d	14	0.25mi
5300 Lescot Ln Orlando, FL	3.0	2.0	1143	$1,900	$1.66	23d	1	0.27mi
5235 Florida Holly Dr Orlando, FL	3.0	2.0	1107	$2,100	$1.90	23d	1	0.31mi
1601 S Kirkman Rd Orlando, FL	1.0–3.0	1.0–2.0	876	$1,980	$2.26	1d	23	0.37mi
5132 Elese St Orlando, FL	3.0	2.0	960	$1,800	$1.88	16d	1	0.40mi
5425 Wood Crossing St Orlando, FL	4.0	2.0	1300	$2,200	$1.69	4d	1	0.50mi
1343 Croyle Dr Orlando, FL	4.0	2.0	1273	$1,900	$1.49	23d	1	0.52mi
5915 Raleigh St Orlando, FL	1.0–3.0	1.0–2.0	1039	$3,204	$3.08	1d	28	0.53mi
1935 S Kirkman Rd Orlando, FL	1.0–3.0	1.0–2.0	1020	$2,150	$2.11	2d	14	0.60mi
4957 Vista Lago Dr Orlando, FL	4.0	2.0	1364	$2,228	$1.63	7d	1	0.64mi
6168 Raleigh St Orlando, FL	1.0–4.0	1.0–2.0	1261	$2,947	$2.34	2d	34	0.67mi
6101 Raleigh St Orlando, FL	1.0–4.0	1.0–2.0	1120	$2,284	$2.04	2d	41	0.70mi
464 S Kirkman Rd Orlando, FL	1.0–3.0	1.0–2.0	977	$2,375	$2.43	2d	19	0.74mi
5036 College Dr Orlando, FL	3.0	1.0	1500	$1,800	$1.20	23d	1	0.76mi
5979 Westgate Dr #1021 Orlando, FL	3.0	2.0	1308	$1,800	$1.38	14d	1	0.83mi
4655 Cepeda St Orlando, FL	3.0	1.5	1266	$1,695	$1.34	23d	1	0.89mi
4995 Mercer St Orlando, FL	3.0	2.0	1386	$2,500	$1.80	2d	1	0.91mi
6141 Metrowest Blvd Orlando, FL	3.0	2.0	1285	$1,772	$1.38	7d	2	0.94mi
5578 Metrowest Blvd #203 Orlando, FL	3.0	2.0	1362	$1,800	$1.32	7d	1	0.96mi
5578 Metrowest Blvd Orlando, FL	1.0–3.0	1.0–2.0	1101	$1,800	$1.63	4d	3	0.96mi
5578 Metrowest Blvd Orlando, FL	1.0–3.0	1.0–2.0	1101	$1,800	$1.63	10d	2	0.96mi
5578 Metrowest Blvd Orlando, FL	1.0–3.0	1.0–2.0	1101	$1,800	$1.63	3d	2	0.96mi
4638 America St Orlando, FL	5.0	1.0	1500	$1,700	$1.13	13d	1	1.00mi
6169 Metrowest Blvd #307 Orlando, FL	3.0	2.0	1369	$1,900	$1.39	21d	1	1.05mi
6169 Metrowest Blvd Orlando, FL	3.0	2.0	1327	$1,818	$1.37	1d	2	1.05mi
1920 Willie Mays Pkwy Orlando, FL	4.0	2.0	1446	$2,070	$1.43	19d	1	1.06mi
4529 W Gore Ave Orlando, FL	3.0	2.0	1439	$2,549	$1.77	19d	1	1.06mi
4487 Wheatley St Orlando, FL	4.0	2.0	1249	$1,950	$1.56	20d	1	1.12mi
6402 Cava Alta Dr Orlando, FL	3.0	2.0	1331	$1,900	$1.43	7d	1	1.15mi
6402 Cava Alta Dr Orlando, FL	3.0	2.0	1248	$1,900	$1.52	23d	2	1.15mi
1224 S Hiawassee Rd #620 Orlando, FL	3.0	2.0	1206	$1,875	$1.55	23d	1	1.17mi
1212 S Hiawassee Rd Orlando, FL	2.0–3.0	2.0	1229	$1,900	$1.55	23d	3	1.17mi
2484 San Tecla St Orlando, FL	2.0–3.0	2.0	1279	$2,100	$1.64	20d	3	1.18mi
2484 San Tecla St Orlando, FL	2.0–3.0	2.0	1262	$2,100	$1.66	17d	2	1.18mi
6500 Metrowest Blvd Orlando, FL	1.0–3.0	1.0–2.0	911	$2,260	$2.48	1d	19	1.26mi
3313 S Kirkman Rd Orlando, FL	3.0	2.0	1431	$1,745	$1.22	3d	2	1.26mi
3313 S Kirkman Rd Orlando, FL	3.0	2.0	1431	$1,745	$1.22	2d	2	1.26mi

Listing history 3 events

1. 2026-05-07
   status Pending
2. 2026-04-18
   listed $249,000 Active
3. 1989-12-01
   soldstatus $44,900

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 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: $25,656
• − Mortgage interest: −$13,948
• − Property taxes: −$3,735
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,052
• − Management: −$2,052
• − Depreciation: −$7,244
• Taxable loss: −$4,621
• Est. tax savings @ 24.0%: +$1,109
• After-tax cash flow: $727/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: Orange
• NCES district ID: 1201440
• Math proficiency: 46% ▼ -9.00%
• Reading proficiency: 51% ▼ -2.00%
• Median HH income: $49,350
• Composite: 41.47/100
• National rank: #3461
• State rank: #43 of 73 in FL

Livability — Orlando

• Score: 86/100
• State rank: #12
• US rank: #360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Orlando, FL
• County: Orange County · 1,471,359 people
• City population: 964,969
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 41,475
• Household income: $54,082
• Rent vs Own: 69.9% rent · 30.1% own
• Severe rent burden: 2728.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 1,618,226 people
• By 2030: 1,787,404 · +10.5%
• By 2040: 2,125,621 · +31.4%
• By 2050: 2,454,016 · +51.6%
• By 2075: 3,173,711 · +96.1%
• By 2100: 3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 50% Hispanic / Latino 27% Two or more races 17% White 12% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Dominican 2%
• Common ancestry: Hispanic 7% Estonian 4% Russian 1%
• Foreign-born: 31% · Canada, Jamaica, China
• Languages at home: 62% English-only · Spanish 21% French/Haitian/Cajun 8% Other Indo-European 6%

Political lean MEDSL · Orange

• 2024 margin: D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
• 2008→2024 swing: -5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
• All cycles: 2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -145.37%
• Current HPI: 284.9191
• Rent YoY: ▲ 0.15%
• Metro: Orlando-Kissimmee-Sanford, 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

+454.6% since first listed

3 events — show timeline

• 2026-05-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-18 Listed $249,000 Stellar MLS as Distributed by MLS Grid
• 1989-12-01 Sold (Public Records) $44,900 Public Records

Property tax history

+4.1%/yr

Latest (2025): $272 · +20.9% YoY. Source: county tax records.