382 Citrus Highlands Dr E · Bartow, FL 33830

$196,000

4 bd · 2.0 ba · 1,404 sqft · Manufactured public records · 149 Days on market

Built 1993

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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 +26.4/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-Bedroom Home with Flex Room & Spacious Living! Discover this beautiful 3-bedroom, 2-bathroom home featuring a versatile flex room—perfect for an office, playroom, or guest space. The spacious living room offers plenty of room for entertaining, while the stunning back door opens to a generous yard, ideal for outdoor enjoyment. Nestled on a lovely piece of land, this home is just minutes from local amenities and downtown Bartow. Don’t miss out—schedule your showing today!

Key facts

• Fenced yard
• Bonus room
• Private bathroom

Tags

• FENCED YARD
• BONUS ROOM
• PRIVATE BATHROOM
• FUNCTIONAL LAYOUT
• SCENIC SURROUNDINGS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $196k.

Deal economics

• At list price, monthly cash flow is $515 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $196k).
• Recommended offer: $172k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#526 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime 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 rising (+2.7%/yr); 386 active listings in the ZIP; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 41% of the median local income ($64k/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 $1k of loan paydown is wiped out by about $6k 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 149 days — a 12% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y 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; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,480 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% 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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.11% ✓
• Cap rate: 9.44%
• Cash-on-cash: 11.26%
• DSCR: 1.50
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.72% rent growth · sell at horizon

5-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $355
• Equity at exit: $29,224

10-year hold

• IRR: 9.5%
• Equity multiple: 1.72×
• Total profit: $39,785
• Equity at exit: $16,946

Cash invested: $54,880 (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 33830

• Home prices YoY: -19.8%
• Rents YoY: 2.7%
• Active inventory: 386
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,166 medium
• Mortgage (P&I): −$1,028
• Tax from tax record: −$87 /mo · $1,040/yr
• Insurance: −$82
• HOA: −$0
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $515

Break-even live

Break-even rent $1,514

Max offer price $196,000

Occupancy floor 71%

Sensitivity live

Price	-10% $626	-5% $570	+0% $515	+5% $459	+10% $404
Rent	-10% $344	-5% $429	+0% $515	+5% $600	+10% $686
Rate	-1.0pp $614	-0.5pp $565	base $515	+0.5pp $464	+1.0pp $412

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: $49,000
• Closing costs: $5,880
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-18
   days on market $196,000 Active 149 DOM
2. 2026-06-17
   days on market $196,000 Active 148 DOM
3. 2026-06-16
   days on market $196,000 Active 147 DOM
4. 2026-06-15
   days on market $196,000 Active 146 DOM
5. 2026-06-13
   days on market $196,000 Active 144 DOM
6. 2026-06-10
   days on market $196,000 Active 141 DOM
7. 2026-06-09
   days on market $196,000 Active 140 DOM
8. 2026-06-08
   days on market $196,000 Active 139 DOM
9. 2026-06-07
   days on market $196,000 Active 138 DOM
10. 2026-06-05
    days on market $196,000 Active 135 DOM
11. 2026-06-03
    days on market $196,000 Active 133 DOM
12. 2026-06-01
    days on market $196,000 Active 132 DOM
13. 2026-05-31
    days on market $196,000 Active 131 DOM
14. 2026-01-19
    listed $196,000 Active
15. 2025-06-26
    soldstatus $196,000
16. 2025-06-18
    soldstatus $196,000 Closed 512-char remark

    Show marketing remark (512 chars)

    Charming 3-Bedroom Home with Flex Room & Spacious Living! Discover this beautiful 3-bedroom, 2-bathroom home featuring a versatile flex room—perfect for an office, playroom, or guest space. The spacious living room offers plenty of room for entertaining, while the stunning back door opens to a generous yard, ideal for outdoor enjoyment. Nestled on a lovely piece of land, this home is just minutes from local amenities and downtown Bartow. Don’t miss out—schedule your showing today!

17. 2025-05-02
    status Pending 512-char remark

    Show marketing remark (512 chars)

    Charming 3-Bedroom Home with Flex Room & Spacious Living! Discover this beautiful 3-bedroom, 2-bathroom home featuring a versatile flex room—perfect for an office, playroom, or guest space. The spacious living room offers plenty of room for entertaining, while the stunning back door opens to a generous yard, ideal for outdoor enjoyment. Nestled on a lovely piece of land, this home is just minutes from local amenities and downtown Bartow. Don’t miss out—schedule your showing today!

18. 2025-03-14
    listed $194,000 Active 512-char remark

    Show marketing remark (512 chars)

    Charming 3-Bedroom Home with Flex Room & Spacious Living! Discover this beautiful 3-bedroom, 2-bathroom home featuring a versatile flex room—perfect for an office, playroom, or guest space. The spacious living room offers plenty of room for entertaining, while the stunning back door opens to a generous yard, ideal for outdoor enjoyment. Nestled on a lovely piece of land, this home is just minutes from local amenities and downtown Bartow. Don’t miss out—schedule your showing today!

19. 2021-01-12
    historical
20. 2021-01-04
    listed $130,000 Active
21. 2021-01-01
    historical
22. 2020-12-05
    price $130,000
23. 2020-11-22
    status Active
24. 2020-11-14
    status Pending
25. 2020-10-06
    price $135,000
26. 2020-08-26
    price $140,000
27. 2020-07-15
    listed $145,000 Active
28. 2009-09-02
    soldstatus $79,900

ⓘ 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: $1,040 · $87/mo
• Projected year-2 tax: $1,627 · $136/mo
• Expected delta: +$586/yr (+$49/mo · 56.4%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,990
• − Mortgage interest: −$10,979
• − Property taxes: −$1,040
• − Insurance: −$980
• − Repairs & maintenance: −$2,079
• − Management: −$2,079
• − Depreciation: −$5,702
• Taxable income: $3,131
• Est. tax owed @ 24.0%: −$751
• After-tax cash flow: $5,426/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 — Bartow

• Score: 68/100
• State rank: #526
• US rank: #9835

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 33,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 33,740
• Household income: $63,918
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 681.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 22% Black 18% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 13% Puerto Rican 5%
• Common ancestry: Italian 3% Slovak 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 1% Other Asian/Pacific 1%

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: ▼ -82.47%
• Current HPI: 333.3392
• Rent YoY: ▲ 2.72%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+145.3% since first listed

15 events — show timeline

• 2026-01-19 Listed $196,000 Fizber.com
• 2025-06-26 Sold (Public Records) $196,000 Public Records
• 2025-06-18 Sold (MLS) $196,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-14 Listed $194,000 Stellar MLS as Distributed by MLS Grid
• 2021-01-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-01-04 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 2021-01-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-12-05 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2020-11-22 Relisted — Stellar MLS as Distributed by MLS Grid
• 2020-11-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-10-06 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-26 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2020-07-15 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2009-09-02 Sold (Public Records) $79,900 Public Records

Property tax history

+13.4%/yr

Latest (2025): $1,040 · +15.3% YoY. Source: county tax records.