1565 Sage Ave · Haines City, FL 33844

$359,999

5 bd · 3.0 ba · 2,470 sqft · Land · 56 Days on market

Built 2026 5,227 sqft lot $59/mo HOA · 2% of rent ↓ 57% since listing

---

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
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Under Construction. Indigo - Check out the Indigo, a spacious two-story, 5-bedroom, 3-bathroom, 2-car garage home perfect for growing families or hosting guests. Enter the impressive foyer with soaring ceilings that creates an immediate sense of openness. From the foyer, the home effortlessly flows into the main living areas and kitchen. With quartz countertops throughout, stainless-steel appliances and a smart thermostat for energy efficient climate control, the Indigo brings all the things that matter together. The downstairs guest suite and bathroom are tucked away for added seclusion, while the open concept living space is perfect for entertaining. Upstairs, you'll find a generously s

Key facts

• Spacious two-story
• Quartz countertops
• Impressive foyer

Tags

• SPACIOUS TWO-STORY
• IMPRESSIVE FOYER
• QUARTZ COUNTERTOPS
• STAINLESS-STEEL APPLIANCES
• SMART THERMOSTAT
• DOWNSTAIRS GUEST SUITE

Property features AI

Finance

• Other: Total lot about 0.12 acre (approx. 486 m²)
• Financial info: Lease restrictions apply
• HOA & community: HOA managed by Prime Community Management, LLC; HOA fees: $177 quarterly (approx. $59/month); Association approval required; Community pool; Pets allowed

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single family residence; Two-story; Under construction (projected completion: 2026-07-31); Faces south
• Construction: Block and stucco construction; Shingle roof; Slab foundation; New construction; Built by Casa Fresca Homes (Indigo model)
• Exterior features: Sliding doors; Asphalt road access

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stone countertops
• Bedrooms: 5 bedrooms
• Flooring: Carpet
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High ceilings; In-wall pest system; Open floorplan; Stone counters; Walk-in closet(s)
• Laundry & utility: Dedicated laundry room; Washer; Dryer

🏗️ 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 5-bed/3.0-bath land listed at $360k.

Deal economics

• At list price, monthly cash flow is $-508 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (24.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $245k (31.9% below list).
• Recommended offer: $245k (31.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 74/100 on livability (#285 in FL, #4,575 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment 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.
• Zoned schools: Alta Vista Elementary School (math 35% / reading 36%, grade F, #1,684 of 2,144 statewide, top 79%, 769 students, 60% FRL); Shelley S. Boone Middle School (math 25% / reading 25%, grade F, #517 of 571 statewide, top 91%, 1,403 students, 52% FRL); Haines City Senior High School (math 12% / reading 32%, grade F, #544 of 667 statewide, top 82%, 2,700 students, 58% FRL) — zoned schools at 56% FRL track the district average.
• Zoned-school proficiency averages 28% at this address vs 41% district-wide (-14 pts) — the specific schools serving this property underperform the Polk average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.2%/yr); 1344 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• At $2,452/mo this rent would consume 46% of the median local household income ($64k/yr) (locally 1107% 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 $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 56 days — a 3% lower offer ($349k) is reasonable based on typical stale-listing flexibility.

Recommended offer $245,192 (31.9% 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 56 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.68% ✗
• Cap rate: 4.60%
• Cash-on-cash: -6.05%
• DSCR: 0.73
• GRM: 12.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.16% rent growth · sell at horizon

5-year hold

• IRR: -28.7%
• Equity multiple: 0.06×
• Total profit: $-95,154
• Equity at exit: $53,677

10-year hold

• IRR: -37.3%
• Equity multiple: -0.41×
• Total profit: $-142,127
• Equity at exit: $31,126

Cash invested: $100,800 (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 33844

• Home prices YoY: -26.7%
• Rents YoY: 1.2%
• Active inventory: 1344
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $2,452 high
• Mortgage (P&I): −$1,888
• Tax from tax record: −$348 /mo · $4,181/yr
• Insurance: −$150
• HOA: −$59
• Vacancy / Maint / Mgmt: −$515
• Net cashflow: $-508

Break-even live

Break-even rent $3,095

Max offer price $270,210

Occupancy floor —

Sensitivity live

Price	-10% $-304	-5% $-406	+0% $-508	+5% $-610	+10% $-712
Rent	-10% $-702	-5% $-605	+0% $-508	+5% $-411	+10% $-315
Rate	-1.0pp $-327	-0.5pp $-417	base $-508	+0.5pp $-602	+1.0pp $-696

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: $90,000
• Closing costs: $10,800
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1728 Vanilla St Haines City, FL	4.0	2.0	1850	$2,400	$1.30	25d	1	0.20mi
1242 Tagliamento Ln Haines City, FL	4.0	2.0	1820	$2,000	$1.10	25d	1	0.26mi
2744 Ginger Ln Haines City, FL	4.0	2.0	1703	$2,250	$1.32	5d	1	0.47mi
2748 Ginger Ln Haines City, FL	4.0	2.5	1895	$2,100	$1.11	16d	1	0.47mi
835 Ofanto Way Haines City, FL	4.0	3.0	2080	$2,350	$1.13	25d	1	0.54mi
4904 Bluebell Ct Haines City, FL	4.0	2.5	2840	$2,700	$0.95	25d	1	0.55mi
4434 Petunia ST Lake Hamilton, FL	4.0	3.0	2122	$2,350	$1.11	12d	1	0.55mi
4520 Ranunculus St Haines City, FL	4.0	2.5	2290	$2,300	$1.00	16d	1	0.56mi
751 Staffora St Haines City, FL	4.0	2.0	1848	$2,300	$1.24	25d	1	0.58mi
660 Tanaro Ln Haines City, FL	4.0	2.0	1848	$2,000	$1.08	25d	1	0.61mi
671 Tanaro Ln Haines City, FL	4.0	2.0	1955	$2,200	$1.13	12d	1	0.64mi
3857 Geranium Ave Haines City, FL	4.0	2.5	2073	$2,050	$0.99	25d	1	0.67mi
304 Pearl St Haines City, FL	4.0	2.0	1706	$1,999	$1.17	16d	1	1.06mi
308 Pearl St Haines City, FL	4.0	2.0	1706	$1,999	$1.17	16d	1	1.06mi
1916 Verano Dr Unit 1916C Haines City, FL	4.0	3.0	1727	$1,900	$1.10	25d	1	1.12mi

HOA detail

• Monthly dues: $59 · $708/yr

Listing history 11 events

1. 2026-06-03
   statusdays on market $359,999 Pending 56 DOM
2. 2026-06-03
   days on market $359,999 Active 55 DOM
3. 2026-06-01
   days on market $359,999 Active 54 DOM
4. 2026-05-31
   days on market $359,999 Active 53 DOM
5. 2026-05-19
   price $359,999
6. 2026-05-06
   price $366,999
7. 2026-05-06
   price $359,990
8. 2026-04-29
   price $374,999
9. 2026-04-21
   price $379,999
10. 2026-04-08
    listed $384,999 Active
11. 2024-11-13
    soldstatus $840,000

ⓘ 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: $4,181 · $348/mo
• Projected year-2 tax: $4,181 · $348/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $29,423
• − Mortgage interest: −$20,166
• − Property taxes: −$4,181
• − Insurance: −$1,800
• − Repairs & maintenance: −$2,354
• − Management: −$2,354
• − HOA: −$708
• − Depreciation: −$10,473
• Taxable loss: −$12,612
• Est. tax savings @ 24.0%: +$3,027
• After-tax cash flow: $-3,072/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 — Haines City

• Score: 74/100
• State rank: #285
• US rank: #4575

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Haines City, FL
• County: Polk County · 740,051 people
• City population: 51,255
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 51,255
• Household income: $63,650
• Rent vs Own: 29.6% rent · 70.4% own
• Severe rent burden: 1107.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 48% White 31% Black 18% Two or more races 12% Asian 1%
• Hispanic origin (detail): Mexican 19% Puerto Rican 19% Cuban 1% Dominican 3%
• Common ancestry: Hispanic 4% Lithuanian 1% Romanian 1%
• Foreign-born: 15% · Canada, Jamaica, Guatemala
• Languages at home: 55% English-only · Spanish 39% French/Haitian/Cajun 4% Other Indo-European 0%

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: ▼ -105.94%
• Current HPI: 291.0798
• Rent YoY: ▲ 1.16%
• 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

-57.1% since first listed

7 events — show timeline

• 2026-05-19 Price Changed $359,999 Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Price Changed $366,999 Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Price Changed $359,990 Stellar MLS as Distributed by MLS Grid
• 2026-04-29 Price Changed $374,999 Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Price Changed $379,999 Stellar MLS as Distributed by MLS Grid
• 2026-04-08 Listed $384,999 Stellar MLS as Distributed by MLS Grid
• 2024-11-13 Sold (Public Records) $840,000 Public Records