7700 Eden Park Rd · Lockhart, FL 32810

$260,000

4 bd · 1.0 ba · 1,620 sqft · SingleFamily public records · 44 Days on market

Built 1940 0.90 ac lot Est $356k · 27% 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 +12.9/30.0
• Schools +4.1/10.0
• DSCR +3.9/10.0
• Livability +3.8/5.0
• 1% rule +3.5/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Cash buyers and investors, this is your opportunity to unlock serious potential! Situated on a rare 0.90-acre lot in Orlando, this 4-bedroom, 2-bath single-family home offers 1,620 sq ft of living space and was originally built in 1940. The home is a true fixer-upper, ready for a full renovation and your vision. There is a detached shed adds extra storage and utility space. Location is key and this one balance seclusion with accessibility - Just 10 mins to Downtown Orlando, 7 mins from Advent Hospital Orlando, and easy access to major roadways like State Road 528, you’re just a short drive from shopping, dining, and employment hubs while still enjoying the peace and privacy of a large

Key facts

• 0.90-acre lot
• Detached shed
• 0.9 acre lot

Tags

• 0.90-ACRE LOT
• ZONED FOR AGRICULTURE
• DETACHED SHED
• SOLAR PANELS AVAILABLE
• 10 MINS TO DOWNTOWN ORLANDO
• EASY ACCESS TO MAJOR ROADWAYS

Property features AI

Finance

• Other: Zoned R-1; Lot is oversized, paved, unincorporated and zoned for horses; Approximately 0.9 acre (about 1/2 to less than 1 acre); Vegetation includes trees/landscaping; Other structures on site: shed(s), storage, workshop; Farm type listed for chickens and livestock
• HOA & community: No HOA association indicated

Exterior

• Utilities: Well water; Septic tank; Cable available; Electricity connected; Public utilities available; Water connected
• Home design: Single family residence; Residential property; Two levels; Faces east; Fixer condition; Homestead exempt
• Construction: Stucco and frame construction; Metal roof; Slab foundation; Built as part of a building totaling about 2,076 square feet
• Exterior features: Sliding doors; Other exterior features

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate; Wood; Other
• Bathrooms: 3 full bathrooms
• Heating & cooling: Ductless heating; Mini-split cooling
• Interior features: Living room and dining room combined
• Laundry & utility: Laundry inside the home

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-19 ($-223/yr) — negative.
• To cash-flow at today's rent, offer at most $257k (1.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (15.3% below list).
• Recommended offer: $220k (15.3% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.6% in Lockhart — 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 76/100 on livability (#228 in FL, #3,605 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, health & safety F.
• 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.
• Zoned schools: Lockhart Elementary (math 42% / reading 32%, grade F, #1,609 of 2,144 statewide, top 77%, 388 students, 77% FRL); Wekiva High (math 17% / reading 37%, grade F, #478 of 667 statewide, top 73%, 2,207 students, 62% FRL).
• Zoned-school proficiency averages 32% at this address vs 48% district-wide (-16 pts) — the specific schools serving this property underperform the Orange average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 159 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
• This rent runs 43% of the median local income ($61k/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 $2k of loan paydown is wiped out by about $8k 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 44 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $60k; list at $260k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $220,228 (15.3% 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 44 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.85% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.31%
• DSCR: 0.99
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $356,400
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4554 Malik Cres	0.14mi	3/2.0 (-1)	1,586 (-2%)	15mo	$343,750	$217	69
8315 Camphor Tree Dr	0.60mi	3/2.0 (-1)	1,594 (-2%)	2mo	$415,000	$260	58
4568 Eden Woods Cir	0.20mi	3/2.0 (-1)	1,798 (+11%)	21mo	$376,000	$209	46
7215 Mott Ave	0.32mi	3/2.0 (-1)	1,505 (-7%)	23mo	$280,000	$186	45
5548 Burlwood Dr	0.70mi	3/2.0 (-1)	1,557 (-4%)	13mo	$379,900	$244	40
6656 Ryan Chase Ct	0.68mi	3/2.5 (-1)	1,499 (-8%)	7mo	$329,900	$220	39
3954 Cherry Apple Cir	0.53mi	4/2.0	1,799 (+11%)	23mo	$430,000	$239	34
5580 Berwood Dr	0.75mi	4/2.0	1,860 (+15%)	14mo	$399,000	$215	24

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 · 0.5% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.33×
• Total profit: $-48,712
• Equity at exit: $38,767

10-year hold

• IRR: -18.6%
• Equity multiple: 0.11×
• Total profit: $-65,001
• Equity at exit: $22,480

Cash invested: $72,800 (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 32810

• Home prices YoY: -18.5%
• Rents YoY: 0.5%
• Active inventory: 159
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,202 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$287 /mo · $3,439/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$462
• Net cashflow: $-19

Break-even live

Break-even rent $2,226

Max offer price $256,711

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7151 Edgewater Shores Ct Orlando, FL	3.0	2.0	1155	$2,100	$1.82	2d	1	0.40mi
5420 Blue Grass St Orlando, FL	3.0	2.0	1544	$2,140	$1.39	7d	1	0.40mi
3806 Groome Dr Orlando, FL	3.0	2.0	1111	$2,400	$2.16	23d	1	0.60mi
5412 Ashmeade Rd Orlando, FL	3.0	2.0	1587	$2,320	$1.46	16d	1	0.60mi
3757 Clubside Pointe Dr Orlando, FL	3.0	2.0	1264	$1,750	$1.38	23d	1	0.60mi
3908 Magnolia Pointe Ln Orlando, FL	3.0	2.0	1208	$1,795	$1.49	23d	1	0.60mi
6741 Magnolia Pointe Cir Orlando, FL	3.0	2.0	1248	$1,695	$1.36	23d	1	0.62mi
3717 Clubside Pointe Dr Unit 1 Orlando, FL	3.0	3.0	1344	$2,100	$1.56	23d	1	0.64mi
3940 Alpert Dr Orlando, FL	3.0	1.5	1100	$1,695	$1.54	14d	1	0.66mi
5611 New Cambridge Rd Orlando, FL	4.0	2.0	1452	$2,050	$1.41	20d	1	0.69mi
3911 Alpert Dr Orlando, FL	3.0	2.0	1278	$1,795	$1.40	2d	1	0.70mi
8423 Baywood Vista Dr Orlando, FL	3.0	2.0	2082	$2,650	$1.27	23d	1	0.72mi
3709 Needles Dr Orlando, FL	3.0	1.5	1250	$1,750	$1.40	14d	1	0.78mi
4048 Mallard Point Ct Orlando, FL	3.0	2.5	2120	$3,000	$1.42	21d	1	0.89mi
1232 Woodridge Ct Altamonte Springs, FL	3.0	2.5	2036	$2,475	$1.22	23d	1	1.00mi
4437 Cluster Dr Orlando, FL	3.0	3.0	1518	$2,495	$1.64	23d	1	1.03mi
5410 Old Oak Tree Dr Orlando, FL	3.0	2.0	1627	$2,100	$1.29	20d	1	1.11mi
5419 Stirrup Way Orlando, FL	3.0	2.0	1420	$2,000	$1.41	23d	1	1.12mi
3108 Pembrook Dr Orlando, FL	3.0	2.0	1346	$2,210	$1.64	4d	1	1.14mi
3120 Drake Dr Unit 1258738P Orlando, FL	3.0	2.0	1442	$6,376	$4.42	2d	1	1.17mi
7618 Forest City Rd Orlando, FL	1.0–3.0	1.0–2.0	937	$1,662	$1.77	4d	3	1.24mi
7120 Forest City Rd Orlando, FL	1.0–3.0	1.0–2.0	912	$1,499	$1.64	7d	11	1.24mi
9434 Bear Lake Rd Forest City, FL	3.0	2.0	1074	$3,500	$3.26	4d	1	1.25mi
2600 Lake Betty Blvd Apopka, FL	1.0–3.0	1.0–2.0	956	$2,421	$2.53	1d	41	1.26mi
5224 Long Rd Orlando, FL	2.0–4.0	1.5–2.5	1426	$2,142	$1.50	2d	17	1.32mi
858 Grand Regency Pointe #103 Altamonte Springs, FL	3.0	2.0	1194	$1,800	$1.51	3d	1	1.40mi
860 Grand Regency Pointe Altamonte Springs, FL	3.0	2.0	1266	$1,750	$1.38	23d	1	1.41mi
2617 Drake Dr Orlando, FL	3.0	2.0	1347	$2,001	$1.49	23d	1	1.43mi
9301 Summit Dr Orlando, FL	3.0	1.0–2.0	1012	$2,495	$2.47	2d	51	1.46mi

Listing history 5 events

1. 2026-05-08
   price $260,000
2. 2026-04-15
   listed $310,000 Active
3. 1989-07-01
   soldstatus $60,000
4. 1976-06-01
   soldstatus $15,500
5. 1975-06-01
   soldstatus $12,000

ⓘ 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: $3,439 · $287/mo
• Projected year-2 tax: $3,439 · $287/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,427
• − Mortgage interest: −$14,564
• − Property taxes: −$3,439
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,114
• − Management: −$2,114
• − Depreciation: −$7,564
• Taxable loss: −$4,668
• Est. tax savings @ 24.0%: +$1,120
• After-tax cash flow: $897/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 — Lockhart

• Score: 76/100
• State rank: #228
• US rank: #3605

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lockhart, FL
• County: Orange County · 1,471,359 people
• City population: 37,127
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 36,927
• Household income: $60,799
• Rent vs Own: 48.8% rent · 51.2% own
• Severe rent burden: 1859.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Black 35% Hispanic / Latino 29% White 25% Two or more races 16% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 17% Cuban 3%
• Common ancestry: Hispanic 9% Lithuanian 1% Slovak 1%
• Foreign-born: 19% · Canada, Vietnam, Jamaica
• Languages at home: 67% English-only · Spanish 21% French/Haitian/Cajun 7% Other Indo-European 1%

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: ▼ -78.77%
• Current HPI: 347.7447
• Rent YoY: ▲ 0.50%
• 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

+2066.7% since first listed

5 events — show timeline

• 2026-05-08 Price Changed $260,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Listed $310,000 Stellar MLS as Distributed by MLS Grid
• 1989-07-01 Sold (Public Records) $60,000 Public Records
• 1976-06-01 Sold (Public Records) $15,500 Public Records
• 1975-06-01 Sold (Public Records) $12,000 Public Records

Property tax history

+8.9%/yr

Latest (2025): $3,439 · +9.7% YoY. Source: county tax records.