211 Glenwood Dr · Dundee, FL 33898

$139,900

2 bd · 2.0 ba · 1,120 sqft · Manufactured public records · 83 Days on market

Built 2002 4,617 sqft lot $180/mo HOA · 12% of rent

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• DSCR +4.6/10.0
• Schools +3.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

JUST LIKE NEW! MINT CONDITION. ALL APPLIANCES STAY. INSIDE LAUNDRY RM. WONDERFUL PARK. $78 MONTHLY FEE INCLUDES WATER, SEWER, LAWN CARE, TRIMMING, COMMON AREA UPKEEP, HEATED POOL, CLUBHOUSE AND SHUFFLEBOARD. NEW A/C 2006.20X12 ENCLOSED FLORIDA ROOM HAS HEAT & AIR.

Key facts

• Covered front porch
• Eat in kitchen
• Carport

Tags

• COVERED FRONT PORCH
• CARPORT
• EAT IN KITCHEN
• SKYLIGHT
• CLOSET PANTRY
• FLORIDA ROOM

Property features AI

Finance

• Other: Unfurnished; Directions provided to property
• Financial info: Total monthly fees $180; total annual fees $2,160; Lease restrictions apply
• HOA & community: Monthly HOA fee of $180; Association requires approval; Association amenities: cable TV, clubhouse, pool, recreational facilities; Association fee includes cable TV, pool, escrow reserves, internet, private road, recreational facilities, sewer, water; Community features: buyer approval required, clubhouse, deed restrictions, golf carts allowed, pool; Senior community; Pets allowed with limits (max ~25 lbs)

Exterior

• Parking: Driveway; Has carport (1 space); Has attached garage
• Utilities: Private water; Private sewer; Cable connected; Electricity connected; Sewer connected; Water connected
• Home design: Manufactured home (double wide); Clayton model; One story; Northeast facing; Crawlspace foundation
• Construction: Vinyl siding; Shingle roof; Built as double wide manufactured home
• Exterior features: Covered front porch; Sprinkler (metered); Mature landscaping with trees

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Eat-in kitchen; Thermostat; Vaulted ceilings; Walk-in closets; Blinds
• Laundry & utility: Inside laundry room; Washer; Dryer; Inside utility; Florida room (additional living space)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $-22 ($-260/yr) — negative.
• To cash-flow at today's rent, offer at most $136k (2.7% below list).
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#638 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment D+, amenities F, commute 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: Spook Hill Elementary School (math 28% / reading 33%, grade F, #1,862 of 2,144 statewide, top 88%, 584 students, 67% FRL); Mclaughlin Academy of Excellence (math 34% / reading 32%, grade F, #437 of 571 statewide, top 77%, 542 students, 68% FRL); Winter Haven Senior High School (math 26% / reading 38%, grade F, #415 of 667 statewide, top 63%, 2,467 students, 50% FRL) — zoned schools at 62% FRL track the district average.
• Market conditions: 501 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 32% of the median local income ($57k/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 $967 of loan paydown is wiped out by about $4k 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 83 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 20y 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.
• Current owner paid $66k; list at $140k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,506 (6.0% 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 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.09% ✓
• Cap rate: 6.68%
• Cash-on-cash: 1.37%
• DSCR: 1.06
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -17.2%
• Equity multiple: 0.39×
• Total profit: $-23,871
• Equity at exit: $20,860

10-year hold

• IRR: -8.9%
• Equity multiple: 0.44×
• Total profit: $-21,833
• Equity at exit: $12,096

Cash invested: $39,172 (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 33898

• Home prices YoY: -15.1%
• Active inventory: 501
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,520 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$184 /mo · $2,209/yr
• Insurance: −$58
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$180
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $-22

Break-even live

Break-even rent $1,547

Max offer price $136,069

Occupancy floor 96%

Sensitivity live

Price	-10% $58	-5% $18	+0% $-22	+5% $-61	+10% $-101
Rent	-10% $-142	-5% $-82	+0% $-22	+5% $38	+10% $98
Rate	-1.0pp $49	-0.5pp $14	base $-22	+0.5pp $-58	+1.0pp $-95

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
348 Gordon Ave Waverly, FL	2.0	1.0	936	$1,500	$1.60	25d	1	1.28mi

HOA detail

• Monthly dues: $180 · $2,160/yr
• Likely covers: watersewerlandscapingpool

Listing history 5 events

1. 2026-03-05
   listed $139,900 Active
2. 2008-04-14
   soldstatus $65,500
3. 2008-04-10
   soldstatus $65,500 270-char remark

   Show marketing remark (270 chars)

   JUST LIKE NEW! MINT CONDITION. ALL APPLIANCES STAY. INSIDE LAUNDRY RM. WONDERFUL PARK. $78 MONTHLY FEE INCLUDES WATER, SEWER, LAWN CARE, TRIMMING, COMMON AREA UPKEEP, HEATED POOL, CLUBHOUSE AND SHUFFLEBOARD. NEW A/C 2006.20X12 ENCLOSED FLORIDA ROOM HAS HEAT & AIR.

4. 2006-11-09
   listed $75,500 270-char remark

   Show marketing remark (270 chars)

   JUST LIKE NEW! MINT CONDITION. ALL APPLIANCES STAY. INSIDE LAUNDRY RM. WONDERFUL PARK. $78 MONTHLY FEE INCLUDES WATER, SEWER, LAWN CARE, TRIMMING, COMMON AREA UPKEEP, HEATED POOL, CLUBHOUSE AND SHUFFLEBOARD. NEW A/C 2006.20X12 ENCLOSED FLORIDA ROOM HAS HEAT & AIR.

5. 2001-11-05
   soldstatus $11,000

ⓘ 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: $2,209 · $184/mo
• Projected year-2 tax: $2,209 · $184/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 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $18,240
• − Mortgage interest: −$7,837
• − Property taxes: −$2,209
• − Insurance: −$1,497
• − Repairs & maintenance: −$1,459
• − Management: −$1,459
• − HOA: −$2,160
• − Depreciation: −$4,070
• Taxable loss: −$2,451
• Est. tax savings @ 24.0%: +$588
• After-tax cash flow: $328/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 — Dundee

• Score: 65/100
• State rank: #638
• US rank: #12542

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 5,431
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 18,527
• Household income: $57,224
• Rent vs Own: 12.6% rent · 87.4% own
• Severe rent burden: 148.0

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: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 17% Two or more races 10% Black 6%
• Hispanic origin (detail): Mexican 6% Puerto Rican 4% Cuban 3%
• Common ancestry: Slovak 3% Lithuanian 2% Italian 2%
• Foreign-born: 9% · Canada
• Languages at home: 81% English-only · Spanish 17% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -60.62%
• Current HPI: 340.6056
• Rent YoY: —
• 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

+1171.8% since first listed

5 events — show timeline

• 2026-03-05 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2008-04-14 Sold (Public Records) $65,500 Public Records
• 2008-04-10 Sold (MLS) $65,500 Stellar MLS as Distributed by MLS Grid
• 2006-11-09 Listed $75,500 Stellar MLS as Distributed by MLS Grid
• 2001-11-05 Sold (Public Records) $11,000 Public Records

Property tax history

+7.8%/yr

Latest (2025): $2,209 · +9.8% YoY. Source: county tax records.