1614 2nd St · Lynn Haven, FL 32409

$129,000

3 bd · 2.0 ba · 960 sqft · Manufactured public records · 319 Days on market

Built 1989 7,492 sqft lot $134/sqft · at area comps Est $129k · at est.

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Why this score? — see what drove the B+ 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 +30.0/30.0
• DSCR +10.0/10.0
• Appreciation +9.5/10.0
• 1% rule +8.4/10.0
• ARV discount +7.4/15.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

Key facts

• 7,492 sq ft lot
• Built 1989
• Listed 318 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $129k.

Deal economics

• At list price, monthly cash flow is $573 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.6% vs local median 3.5% in Lynn Haven — 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 81/100 on livability (#96 in FL, #1,472 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D+, commute F.
• Bay (suburban): math 51% / reading 51% proficiency, ranked #29 of 73 in FL (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 299 active listings in the ZIP; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($892 loan paydown + $12k appreciation (9.1% local appreciation)).
• Bay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (9.1% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 319 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 10y ago; this cycle's ask has dropped $30k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; list at $129k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 319 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.34% ✓
• Cap rate: 11.62%
• Cash-on-cash: 19.03%
• DSCR: 1.85
• GRM: 6.2

CMA / ARV

• ARV (median comp): $128,744
• List price: $129,000
• Delta: 0.20%
• Verdict: FAIR
• Comps: 1 within 2.0 mi

Projected returns pro-forma

9.08% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 36.8%
• Equity multiple: 3.73×
• Total profit: $98,685
• Equity at exit: $107,670

10-year hold

• IRR: 32.2%
• Equity multiple: 8.20×
• Total profit: $260,165
• Equity at exit: $223,665

Cash invested: $36,120 (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 32409

• Home prices YoY: 2.4%
• Active inventory: 299
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,734 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$67 /mo · $804/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $573

Break-even live

Break-even rent $1,009

Max offer price $129,000

Occupancy floor 62%

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Listing history 48 events

1. 2026-06-19
   days on market $129,000 Active 319 DOM
2. 2026-06-18
   days on market $129,000 Active 318 DOM
3. 2026-06-17
   days on market $129,000 Active 317 DOM
4. 2026-06-16
   days on market $129,000 Active 316 DOM
5. 2026-06-15
   days on market $129,000 Active 315 DOM
6. 2026-06-14
   days on market $129,000 Active 313 DOM
7. 2026-06-13
   days on market $129,000 Active 312 DOM
8. 2026-06-10
   days on market $129,000 Active 310 DOM
9. 2026-06-09
   days on market $129,000 Active 309 DOM
10. 2026-06-08
    days on market $129,000 Active 308 DOM
11. 2026-06-07
    pricedays on market $129,000 Active 307 DOM
12. 2026-06-05
    days on market $139,000 Active 304 DOM
13. 2026-06-03
    days on market $139,000 Active 303 DOM
14. 2026-06-02
    days on market $139,000 Active 302 DOM
15. 2026-06-01
    days on market $139,000 Active 301 DOM
16. 2026-05-31
    days on market $139,000 Active 300 DOM
17. 2026-05-30
    days on market $139,000 Active 299 DOM
18. 2026-03-19
    price $139,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

19. 2026-02-04
    status Active 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

20. 2026-02-02
    historical 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

21. 2026-01-01
    price $144,500 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

22. 2025-12-19
    price $145,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

23. 2025-12-10
    price $148,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

24. 2025-11-27
    price $148,300 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

25. 2025-11-15
    price $148,800 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

26. 2025-10-31
    price $148,900 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

27. 2025-10-25
    price $149,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

28. 2025-09-30
    price $155,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

29. 2025-09-19
    price $158,100 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

30. 2025-08-22
    price $158,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

31. 2025-08-22
    price $154,000 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

32. 2025-08-02
    listed $159,000 Active 425-char remark

    Show marketing remark (425 chars)

    Charming little 960sqft home in quiet neighborhood. Close to the beautiful Lynn Haven parks, bayous, schools and shopping. Spacious open kitchen with new modern stainless steel deep sink and gooseneck faucet. Real wood-burning fireplace in living room. All new bathrooms with tile flooring. Cozy shaded backyard for your future dream garden. Move-in-ready waiting for your finishing touches. Schedule your private tour today!

33. 2024-08-19
    soldstatus $75,000 Closed 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

34. 2024-08-19
    soldstatus $75,000

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

35. 2024-08-08
    status Pending 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

36. 2024-08-05
    price $89,000 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

37. 2024-08-05
    price $92,000 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

38. 2024-06-27
    price $97,000 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

39. 2024-05-28
    listed $100,000 Active 377-char remark

    Show marketing remark (377 chars)

    AS IS mobile home for sale. 3 bedroom/2 bath with a good layout. Needs basic cosmetic work and yard clean up. Home has mini split ductless units which are a great addition to any home. Good central location in Southport. Easy cosmetic fixes for a family or a good investment property with immediate equity built into this home with its current price. Priced ready to sell fast!

40. 2022-05-27
    soldstatus $91,000
41. 2022-05-24
    soldstatus $91,000 Sold
42. 2022-05-24
    soldstatus $91,000 Sold
43. 2022-05-10
    status Pending
44. 2022-05-10
    status Pending
45. 2022-04-05
    listed $94,500 Active
46. 2022-04-04
    listed $94,500 Active
47. 2021-12-14
    historical
48. 2016-11-09
    listed $54,900

ⓘ 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: $804 · $67/mo
• Projected year-2 tax: $1,071 · $89/mo
• Expected delta: +$267/yr (+$22/mo · 33.2%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,813
• − Mortgage interest: −$7,226
• − Property taxes: −$804
• − Insurance: −$645
• − Repairs & maintenance: −$1,665
• − Management: −$1,665
• − Depreciation: −$3,753
• Taxable income: $5,055
• Est. tax owed @ 24.0%: −$1,213
• After-tax cash flow: $5,662/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: Bay
• NCES district ID: 1200090
• Math proficiency: 51% ▼ -8.00%
• Reading proficiency: 51% ▼ -7.00%
• Median HH income: $47,740
• Composite: 43.41/100
• National rank: #3014
• State rank: #29 of 73 in FL

Livability — Lynn Haven

• Score: 81/100
• State rank: #96
• US rank: #1472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 21,459
• Population (ZIP): 10,941

Population outlook (Bay County) Hauer SSP2

• Today (2025): 206,264 people
• By 2030: 217,740 · +5.6%
• By 2040: 238,738 · +15.7%
• By 2050: 255,545 · +23.9%
• By 2075: 288,295 · +39.8%
• By 2100: 288,638 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 7% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Slovak 3% Serbian 2%
• Foreign-born: 4% · Canada, Jamaica, South Korea
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Bay

• 2024 margin: Solid R (+47.4) · D 25.8% · R 73.1% · Other 1.1%
• 2008→2024 swing: -6.6pp toward R · 2008: -40.7pp · 2024: -47.4pp
• All cycles: 2024: R+47.4 2020: R+43.5 2016: R+46.3 2012: R+43.6 2008: R+40.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.08%
• Current HPI: 391.06
• Rent YoY: —
• Metro: —
• 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

+153.2% since first listed

31 events — show timeline

• 2026-03-19 Price Changed $139,000 CPARMLS
• 2026-02-04 Relisted — CPARMLS
• 2026-02-02 Listing Removed — CPARMLS
• 2026-01-01 Price Changed $144,500 CPARMLS
• 2025-12-19 Price Changed $145,000 CPARMLS
• 2025-12-10 Price Changed $148,000 CPARMLS
• 2025-11-27 Price Changed $148,300 CPARMLS
• 2025-11-15 Price Changed $148,800 CPARMLS
• 2025-10-31 Price Changed $148,900 CPARMLS
• 2025-10-25 Price Changed $149,000 CPARMLS
• 2025-09-30 Price Changed $155,000 CPARMLS
• 2025-09-19 Price Changed $158,100 CPARMLS
• 2025-08-22 Price Changed $158,000 CPARMLS
• 2025-08-22 Price Changed $154,000 CPARMLS
• 2025-08-02 Listed $159,000 CPARMLS
• 2024-08-19 Sold (Public Records) $75,000 Public Records
• 2024-08-19 Sold (MLS) $75,000 CPARMLS
• 2024-08-08 Pending — CPARMLS
• 2024-08-05 Price Changed $89,000 CPARMLS
• 2024-08-05 Price Changed $92,000 CPARMLS
• 2024-06-27 Price Changed $97,000 CPARMLS
• 2024-05-28 Listed $100,000 CPARMLS
• 2022-05-27 Sold (Public Records) $91,000 Public Records
• 2022-05-24 Sold (MLS) $91,000 ECAR
• 2022-05-24 Sold (MLS) $91,000 NAMLS
• 2022-05-10 Pending — ECAR
• 2022-05-10 Pending — NAMLS
• 2022-04-05 Listed $94,500 ECAR
• 2022-04-04 Listed $94,500 NAMLS
• 2021-12-14 Listing Removed — CPARMLS
• 2016-11-09 Listed $54,900 CPARMLS

Property tax history

+7.7%/yr

Latest (2025): $804 · +74.6% YoY. Source: county tax records.