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1672 Astrid Rd 🏗️ New Construction
F Composite 28.99
Why this score? — see what drove the F 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 +7.5/15.0
  • Cash flow +7.1/30.0
  • Schools +3.5/10.0
  • Livability +3.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.8/5.0
  • 1% rule +1.7/10.0
  • DSCR +1.3/10.0
  • Appreciation +0.0/10.0

$357,770

1672 Astrid Rd · Davenport, FL 33837
4 bd · 2.0 ba · 1,715 sqft · Land · 28 Days on market
Built 2026 5,663 sqft lot $12/mo HOA ↓ 59% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Under Construction. New construction home with 1715 square feet on one-story including 4 bedrooms, 2 baths, and an open living area. Enjoy an open kitchen with Quartz countertops, Samsung stainless steel appliances, a walk-in pantry, and a spacious island, fully open to the dining café and gathering room. The living area, laundry room, and baths include luxury wood vinyl plank flooring, with stain-resistant carpet in the bedrooms. Your owner's suite is complete with a walk-in wardrobe and a private en-suite bath with dual vanities, a tiled shower, and a closeted toilet. Plus, enjoy a covered lanai, 2-car garage, custom-fit window blinds, architectural shingles, energy-efficient insul

Key facts

  • Spacious island
  • Quartz countertops
  • Walk-in wardrobe

Tags

OPEN KITCHENQUARTZ COUNTERTOPSWALK-IN PANTRYSPACIOUS ISLANDSTAIN-RESISTANT CARPETWALK-IN WARDROBE

Property features AI

Finance

  • Other: CDD present
  • HOA & community: HOA managed by Hcmanagement; HOA required; $150 annually ($12.50 monthly); Pets allowed

Exterior

  • Parking: Attached 2-car garage (approx. 18 x 21)
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Single-family residence; Under construction (projected completion May 31, 2026); One level; North-facing entry
  • Construction: Block construction; Shingle roof; Slab foundation; New construction by Highland Homes (Builder model: Parker)
  • Exterior features: Paved road frontage; Irrigation system; Deed-restricted community; Playground; Community pool

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
  • Bedrooms: 4 bedrooms
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: In-wall pest control system
  • Laundry & utility: Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath land listed at $358k.

Deal economics

  • At list price, monthly cash flow is $-501 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $269k (24.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $240k (32.8% below list).
  • Recommended offer: $240k (32.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 70/100 on livability (#423 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: schools D+, employment D+, amenities 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.
  • Market conditions: Rents soft (-2.7%/yr); 1382 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($81k/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 $11k 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 28 days — a 2% lower offer ($352k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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.
Recommended offer $240,427 (32.8% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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
0.67%
Cap rate
4.61%
Cash-on-cash
-6.00%
DSCR
0.73
GRM
12.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-29.9%
Equity multiple
0.03×
Total profit
$-96,927
Equity at exit
$53,345
10-year hold
IRR
-49.2%
Equity multiple
-0.52×
Total profit
$-152,739
Equity at exit
$30,933

Cash invested: $100,176 (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.

ZIP-level market 33837

Home prices YoY
-33.9%
Rents YoY
-2.7%
Active inventory
1382
Price-to-rent
12.4×

Monthly cashflow live

Estimated rent
$2,404 high interval (Pro) →
Mortgage (P&I)
$1,876
Tax from tax record
$363 /mo · $4,355/yr
Insurance
$149
HOA
$12
Vacancy / Maint / Mgmt
$505
Net cashflow
$-501

Break-even live

Break-even rent $3,038
Max offer price $269,295
Occupancy floor

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
$89,442
Closing costs
$10,733
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1497 Fleur Dr Davenport, FL 4.0 2.5 2029 $2,150 $1.06 3d 1 0.11mi
1391 Mountain Flower Ln Davenport, FL 4.0 2.0 1855 $2,400 $1.29 23d 1 0.11mi
1387 Mountain Flower Ln Davenport, FL 4.0 2.0 1698 $2,300 $1.35 23d 1 0.12mi
2442 Matterhorn Trl Davenport, FL 4.0 2.5 2029 $2,400 $1.18 23d 1 0.15mi
145 Silver Maple Bnd Davenport, FL 3.0 2.0 1450 $2,100 $1.45 23d 1 0.34mi
703 Gotts Rd Davenport, FL 3.0 1.0 1160 $1,700 $1.47 23d 1 0.46mi
607 Lindbergh Way Davenport, FL 3.0 2.0 1407 $1,851 $1.32 3d 1 0.61mi
646 Lindbergh Way Davenport, FL 3.0 2.0 1407 $1,836 $1.30 3d 1 0.62mi
422 Earheart Dr Davenport, FL 4.0 2.0 2110 $2,001 $0.95 14d 1 0.64mi
1016 Gotts Rd Davenport, FL 3.0 2.5 2096 $2,150 $1.03 23d 1 0.67mi
670 Highland Meadows St Davenport, FL 3.0 2.0 1576 $2,350 $1.49 23d 1 0.68mi
202 Highland Meadows Pl Davenport, FL 3.0 2.0 1252 $2,000 $1.60 14d 1 0.69mi
481 Earheart Dr Davenport, FL 4.0 2.0 1938 $2,126 $1.10 14d 1 0.69mi
445 Earheart Dr Davenport, FL 4.0 2.0 2110 $2,036 $0.96 3d 1 0.70mi
120 Captain Hook Way Davenport, FL 4.0 3.0 1715 $2,124 $1.24 23d 1 0.70mi
250 Highland Meadows Ct Davenport, FL 3.0 2.0 1527 $1,999 $1.31 23d 1 0.74mi
2057 Barroso ST Davenport, FL 3.0 2.5 1465 $2,100 $1.43 23d 1 0.86mi
112 Andalusia Loop Davenport, FL 4.0 2.0 1972 $2,016 $1.02 21d 1 0.88mi
2380 Sanderling St Haines City, FL 4.0 2.0 1694 $2,300 $1.36 23d 1 0.89mi
2361 Sanderling St Haines City, FL 4.0 2.0 2113 $2,079 $0.98 3d 1 0.93mi
440 Tisone Ln Davenport, FL 4.0 2.0 2102 $3,500 $1.67 14d 1 1.02mi
210 E Palm St Davenport, FL 4.0 2.0 1126 $2,250 $2.00 21d 1 1.03mi
118 E Pine St Davenport, FL 3.0 2.0 1220 $1,975 $1.62 3d 1 1.04mi
401 Savannah Preserve Loop Davenport, FL 4.0 2.0 1966 $2,050 $1.04 23d 1 1.04mi
118 Aria Way Davenport, FL 3.0 2.0 1818 $2,400 $1.32 14d 1 1.05mi
250 Sandestin Dr Haines City, FL 3.0 2.0 1959 $2,026 $1.03 14d 1 1.06mi
220 Champions Way Davenport, FL 1.0–3.0 1.0–2.5 1107 $1,997 $1.80 2d 7 1.07mi
2606 Irish Elk Ave Davenport, FL 3.0 2.0 1700 $2,000 $1.18 3d 1 1.09mi
2622 Irish Elk Ave Davenport, FL 4.0 2.0 1840 $2,200 $1.20 23d 1 1.12mi
4466 Hummingbird Ln Haines City, FL 4.0 2.0 1547 $2,200 $1.42 3d 1 1.16mi
223 Bergamot Loop Davenport, FL 3.0 2.0 1080 $2,300 $2.13 3d 1 1.16mi
487 Eaglecrest Dr Haines City, FL 3.0 2.0 1414 $2,150 $1.52 23d 1 1.16mi
522 Pentas Ln Haines City, FL 4.0 2.0 1749 $2,200 $1.26 23d 1 1.18mi
365 Citrus Pointe Dr Davenport, FL 3.0 2.0 1975 $2,500 $1.27 21d 1 1.22mi
569 Disa Dr Davenport, FL 4.0 2.0 1767 $2,200 $1.25 3d 1 1.22mi
584 Disa Dr Davenport, FL 4.0 2.0 1767 $2,200 $1.25 3d 1 1.25mi
666 Persian Dr Haines City, FL 3.0 2.0 1572 $2,000 $1.27 23d 1 1.25mi
384 Citrus Pointe Dr Davenport, FL 4.0 2.0 1820 $2,250 $1.24 23d 1 1.26mi
353 Citrus Pointe Dr Davenport, FL 4.0 2.5 1923 $2,285 $1.19 3d 1 1.26mi
110 Forest Ave Unit 2 Davenport, FL 3.0 2.0 1250 $1,295 $1.04 3d 1 1.32mi

HOA detail

Monthly dues
$12 · $144/yr

Listing history 9 events

  1. 2026-06-18
    days on market $357,770 Active 28 DOM
  2. 2026-06-17
    days on market $357,770 Active 27 DOM
  3. 2026-06-16
    days on market $357,770 Active 26 DOM
  4. 2026-06-15
    status $357,770 Active 25 DOM
  5. 2026-05-21
    status Pending
  6. 2026-05-14
    status Active
  7. 2026-04-13
    status Pending
  8. 2026-03-26
    listed $357,770 Active
  9. 2026-03-10
    soldstatus $864,000

ⓘ 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
$4,355 · $363/mo
Projected year-2 tax
$4,355 · $363/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,851
− Mortgage interest
−$20,041
− Property taxes
−$4,355
− Insurance
−$1,789
− Repairs & maintenance
−$2,308
− Management
−$2,308
− HOA
−$144
− Depreciation
−$10,408
Taxable loss
−$12,502
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,000
After-tax cash flow
$-3,010/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 — Davenport

Score
70/100
State rank
#423
US rank
#7541

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Davenport, FL
County
Polk County · 740,051 people
City population
104,279
Metro
Lakeland-Winter Haven, FL
Population (ZIP)
47,389
Household income
$81,276
Rent vs Own
18.5% rent · 81.5% own
Severe rent burden
424.0

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 0.68)
Race & ethnicity
Hispanic / Latino 42% White 36% Two or more races 16% Black 15% Asian 2%
Hispanic origin (detail)
Mexican 7% Puerto Rican 22% Cuban 2% Dominican 1%
Common ancestry
Hispanic 5% Romanian 3% Lithuanian 1%
Foreign-born
18% · Canada, Jamaica
Languages at home
55% English-only · Spanish 35% French/Haitian/Cajun 6% Other Indo-European 2%

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
▼ -131.62%
Current HPI
256.8165
Rent YoY
▼ -2.73%
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

Price history

-58.6% since first listed
5 events — show timeline
  • 2026-05-21 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-05-14 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-04-13 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-03-26 Listed $357,770 Stellar MLS as Distributed by MLS Grid
  • 2026-03-10 Sold (Public Records) $864,000 Public Records

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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