4610 Granada Ave · Sebring, FL 33870

$110,000

2 bd · 2.0 ba · 840 sqft · Manufactured public records · 101 Days on market

Built 2018 6,250 sqft lot Est $96k · 15% over

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Why this score? — see what drove the C- 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 +25.3/30.0
• DSCR +8.3/10.0
• 1% rule +6.5/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• ARV discount +0.8/15.0
• Appreciation +0.0/10.0

Listing remarks

Wow!! Prepared to be impressed as soon as you walk into this move-in ready mobile home on owned land (NO LOT RENT!) located in the Sebring Manor neighborhood of Sebring, FL (NO HOA FEES)! Impressively spacious and super clean Mobile Home on Owned Land - 3 bedrooms on a split floor plan, 2 full bathrooms, nicely appointed central eat-in kitchen - ALL CUSTOM UPDATED! You will love the illuminated beam ceilings in the main living area providing such a comfortable setting. The 11’x7’ kitchen offers plenty of white cabinets, custom counter space, white appliances, custom tile backsplash/accents, and recessed lighting! The spacious primary bedroom offers a generously sized closet and

Key facts

• Move-in ready
• Owned land
• Custom updated

Tags

• MOVE-IN READY
• OWNED LAND
• SEBRING MANOR NEIGHBORHOOD
• CUSTOM UPDATED
• ILLUMINATED BEAM CEILINGS
• CENTRAL EAT-IN KITCHEN

Property features AI

Exterior

• Parking: Driveway; On-street parking
• Utilities: Public water; Septic tank (sewer not available)
• Home design: Residential mobile home; One level; M1 zoning
• Construction: Aluminum siding and frame construction; Rolled/Hot Mop roof
• Exterior features: No patio or porch; Paved road frontage

Interior

• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: High-speed internet; Blinds

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $110k.

Deal economics

• At list price, monthly cash flow is $250 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $100k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.2% in Sebring — 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 66/100 on livability (#618 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: amenities F, commute F, employment F.
• Highlands (other): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fred Wild Elementary School (math 49% / reading 41%, grade D-, #1,271 of 2,144 statewide, top 60%, 563 students, 87% FRL); Sebring Middle School (math 52% / reading 40%, grade D+, #300 of 571 statewide, top 53%, 815 students, 64% FRL); Sebring High School (math 32% / reading 48%, grade F, #296 of 667 statewide, top 45%, 1,809 students, 56% FRL) — zoned schools at 69% FRL track the district average.
• Market conditions: Rents soft (-0.3%/yr); 480 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).
• This rent runs 30% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($100k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $15k; list at $110k implies a 633% 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; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $100,100 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 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. 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: 1.15% ✓
• Cap rate: 9.02%
• Cash-on-cash: 9.73%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $95,760
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4710 Mundell Ave	0.09mi	2/2.0	840 (0%)	19mo	$99,000	$118	80
3401 Howze Ave	0.61mi	2/1.0	784 (-7%)	6mo	$89,000	$114	51
3424 Howze Ave	0.61mi	2/1.0	784 (-7%)	9mo	$50,000	$64	49
2742 Cactus Ln	0.56mi	2/2.0	800 (-5%)	22mo	$32,000	$40	48

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.0%
• Equity multiple: 0.82×
• Total profit: $-5,612
• Equity at exit: $16,401

10-year hold

• IRR: 0.7%
• Equity multiple: 1.04×
• Total profit: $1,316
• Equity at exit: $9,511

Cash invested: $30,800 (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 33870

• Home prices YoY: -20.0%
• Rents YoY: -0.3%
• Active inventory: 480
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,266 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$128 /mo · $1,531/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $250

Break-even live

Break-even rent $950

Max offer price $110,000

Occupancy floor 75%

Sensitivity live

Price	-10% $312	-5% $281	+0% $250	+5% $219	+10% $188
Rent	-10% $150	-5% $200	+0% $250	+5% $300	+10% $350
Rate	-1.0pp $305	-0.5pp $278	base $250	+0.5pp $221	+1.0pp $192

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8761 Watersound Cir Sebring, FL	2.0–3.0	2.0	1090	$1,210	$1.11	22d	1	1.44mi

Listing history 20 events

1. 2026-06-21
   days on market $110,000 Active 101 DOM
2. 2026-06-19
   days on market $110,000 Active 99 DOM
3. 2026-06-18
   days on market $110,000 Active 98 DOM
4. 2026-06-17
   days on market $110,000 Active 97 DOM
5. 2026-06-16
   days on market $110,000 Active 96 DOM
6. 2026-06-15
   days on market $110,000 Active 95 DOM
7. 2026-06-14
   days on market $110,000 Active 93 DOM
8. 2026-06-10
   days on market $110,000 Active 90 DOM
9. 2026-06-09
   days on market $110,000 Active 89 DOM
10. 2026-06-08
    days on market $110,000 Active 88 DOM
11. 2026-06-07
    days on market $110,000 Active 87 DOM
12. 2026-06-02
    days on market $110,000 Active 82 DOM
13. 2026-06-01
    days on market $110,000 Active 81 DOM
14. 2026-05-31
    days on market $110,000 Active 80 DOM
15. 2026-05-30
    days on market $110,000 Active 79 DOM
16. 2026-04-24
    price $110,000
17. 2026-03-12
    listed $115,000 Active
18. 2017-04-20
    soldstatus $15,000
19. 1986-09-01
    soldstatus $22,000
20. 1983-07-01
    soldstatus $14,500

ⓘ 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: $1,531 · $128/mo
• Projected year-2 tax: $1,531 · $128/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 · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,191
• − Mortgage interest: −$6,162
• − Property taxes: −$1,531
• − Insurance: −$550
• − Repairs & maintenance: −$1,215
• − Management: −$1,215
• − Depreciation: −$3,200
• Taxable income: $1,318
• Est. tax owed @ 24.0%: −$316
• After-tax cash flow: $2,681/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: Highlands
• NCES district ID: 1200840
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,276
• Composite: 36.42/100
• National rank: #4672
• State rank: #54 of 73 in FL

Livability — Sebring

• Score: 66/100
• State rank: #618
• US rank: #11992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Highlands County · 98,898 people
• City population: 50,797
• Metro: Sebring-Avon Park, FL
• Population (ZIP): 25,195
• Household income: $49,942
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 994.0

Population outlook (Highlands County) Hauer SSP2

• Today (2025): 99,674 people
• By 2030: 99,615 · -0.1%
• By 2040: 99,342 · -0.3%
• By 2050: 98,242 · -1.4%
• By 2075: 93,291 · -6.4%
• By 2100: 79,894 · -19.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 22% Black 13% Two or more races 10% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 7% Cuban 5%
• Common ancestry: Slovak 2% Romanian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Jamaica, China
• Languages at home: 80% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Highlands

• 2024 margin: Solid R (+40.8) · D 29.3% · R 70.1%
• 2008→2024 swing: -22.7pp toward R · 2008: -18.1pp · 2024: -40.8pp
• All cycles: 2024: R+40.8 2020: R+34.4 2016: R+32.0 2012: R+23.0 2008: R+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.68%
• Current HPI: 273.9861
• Rent YoY: ▼ -0.29%
• Metro: Sebring-Avon Park, 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

+658.6% since first listed

5 events — show timeline

• 2026-04-24 Price Changed $110,000 HAOR as distributed by MLS GRID
• 2026-03-12 Listed $115,000 HAOR as distributed by MLS GRID
• 2017-04-20 Sold (Public Records) $15,000 Public Records
• 1986-09-01 Sold (Public Records) $22,000 Public Records
• 1983-07-01 Sold (Public Records) $14,500 Public Records

Property tax history

+11.7%/yr

Latest (2025): $1,531 · +304.7% YoY. Source: county tax records.