2530 Snapping Turtle Dr · Dundee, FL 33898

$149,000

2 bd · 1.0 ba · 1,166 sqft · SingleFamily · 310 Days on market

Built 1965 0.48 ac lot

---

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 +20.8/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• 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

YOU NEED TO SEE THIS HOME TO APPRECIATE THE VALUE. THIS 3 BEDROOM MOBILE HOME HAS BEEN COMPLETELY UPDATED AND RENOVATED. THE INTERIOR HAS BEEN GUTTED AND REMODELED. THERE ARE 2 DETACHED BUILDINGS THAT ARE ADDITIONAL LIVING & BEDROOMS. BLDG 1 IS 23x16WITH A LIVING ROOM/BEDROOM, BATH & UTILITY ROOM WITH TILED FLOORS. BLDG 2 IS 28x11 WITH A 17x11 LIV RM/BEDROOM WITH WOOD LAMINATE FLOORS & AN 11x11 STORAGE ROOM. BOTH BUILDINGS HAVE WALL UNIT AC'S. SCREEN PORCH. CARPORT. SOME FURNISHINGS ARE INCLUDED. LESS THAN A MILE FROM THE POLK CO. BOAT LANDING ON LAKE PIERCE. THE SELLER WILL CONSIDER FINANCING THE HOME WITH $14,000. DOWN, 6% INTEREST, AMORTIZED OVER A 15 OR 20 YEAR PERIOD WITH A BALLOON PAYMENT AT THE END OF 5 YEARS.

Key facts

• Washer dryer hook up
• 1/2 acre lot
• Detached building

Tags

• 1/2 ACRE LOT
• PUBLIC BOAT RAMP
• SCREENED PORCH
• DETACHED BUILDING
• WASHER DRYER HOOK UP
• PATIO

Property features AI

Finance

• Other: Homestead exempt; Zoned R-3
• HOA & community: No association; Pets allowed

Exterior

• Parking: Paved parking
• Utilities: Public and well water available; Septic tank; Electricity connected; Cable available; Water connected
• Home design: Mobile home (single wide); One level; Faces west
• Construction: Metal siding and frame construction; Metal and shingle roof; Crawlspace and slab foundation; Built as single wide
• Exterior features: Covered front and rear porches; Screened porch; Storage shed(s); Guest house; Chain link fencing; Corner lot; Landscaped yard with mature oak trees; Level, paved lot; Publicly maintained asphalt roads

Interior

• Kitchen: Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air; Wall/window unit(s)
• Interior features: Ceiling fans; Living room/dining room combo; Bonus room; Nine total rooms
• Laundry & utility: Inside laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $205 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $131k (12.0% 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+, schools 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: 500 active listings in the ZIP; 2 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 33% 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 $1k 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 310 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $16k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $59k; list at $149k implies a 153% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 310 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 1.05% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.89%
• DSCR: 1.26
• GRM: 7.9

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: -7.2%
• Equity multiple: 0.73×
• Total profit: $-11,085
• Equity at exit: $22,216

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $7,228
• Equity at exit: $12,883

Cash invested: $41,720 (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: 500
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,562 medium
• Mortgage (P&I): −$781
• Tax est. 1.5%: −$186 /mo · $2,235/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $205

Break-even live

Break-even rent $1,303

Max offer price $149,000

Occupancy floor 82%

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5954 Skokie Rd Lake Wales, FL	2.0	1.5	925	$1,400	$1.51	18d	1	1.02mi
2694 Chuck Wagon Way Lake Wales, FL	2.0	2.0	924	$1,400	$1.52	14d	1	1.27mi

Listing history 22 events

1. 2026-06-18
   days on market $149,000 Active 310 DOM
2. 2026-06-17
   days on market $149,000 Active 309 DOM
3. 2026-06-16
   days on market $149,000 Active 308 DOM
4. 2026-06-15
   days on market $149,000 Active 307 DOM
5. 2026-06-13
   days on market $149,000 Active 305 DOM
6. 2026-06-10
   days on market $149,000 Active 302 DOM
7. 2026-06-09
   days on market $149,000 Active 301 DOM
8. 2026-06-08
   days on market $149,000 Active 300 DOM
9. 2026-06-07
   days on market $149,000 Active 299 DOM
10. 2026-06-05
    days on market $149,000 Active 296 DOM
11. 2026-06-03
    days on market $149,000 Active 294 DOM
12. 2026-06-01
    remarks 654-char remark
13. 2026-06-01
    pricedays on market $149,000 Active 293 DOM
14. 2026-05-31
    days on market $164,900 Active 292 DOM
15. 2026-02-05
    status Active
16. 2026-01-30
    historical
17. 2025-08-06
    status Active
18. 2025-08-01
    listed $164,900 Active
19. 2011-04-04
    soldstatus $59,000 745-char remark

    Show marketing remark (745 chars)

    YOU NEED TO SEE THIS HOME TO APPRECIATE THE VALUE. THIS 3 BEDROOM MOBILE HOME HAS BEEN COMPLETELY UPDATED AND RENOVATED. THE INTERIOR HAS BEEN GUTTED AND REMODELED. THERE ARE 2 DETACHED BUILDINGS THAT ARE ADDITIONAL LIVING & BEDROOMS. BLDG 1 IS 23x16WITH A LIVING ROOM/BEDROOM, BATH & UTILITY ROOM WITH TILED FLOORS. BLDG 2 IS 28x11 WITH A 17x11 LIV RM/BEDROOM WITH WOOD LAMINATE FLOORS & AN 11x11 STORAGE ROOM. BOTH BUILDINGS HAVE WALL UNIT AC'S. SCREEN PORCH. CARPORT. SOME FURNISHINGS ARE INCLUDED. LESS THAN A MILE FROM THE POLK CO. BOAT LANDING ON LAKE PIERCE. THE SELLER WILL CONSIDER FINANCING THE HOME WITH $14,000. DOWN, 6% INTEREST, AMORTIZED OVER A 15 OR 20 YEAR PERIOD WITH A BALLOON PAYMENT AT THE END OF 5 YEARS.

20. 2010-08-30
    listed $59,000 745-char remark

    Show marketing remark (745 chars)

    YOU NEED TO SEE THIS HOME TO APPRECIATE THE VALUE. THIS 3 BEDROOM MOBILE HOME HAS BEEN COMPLETELY UPDATED AND RENOVATED. THE INTERIOR HAS BEEN GUTTED AND REMODELED. THERE ARE 2 DETACHED BUILDINGS THAT ARE ADDITIONAL LIVING & BEDROOMS. BLDG 1 IS 23x16WITH A LIVING ROOM/BEDROOM, BATH & UTILITY ROOM WITH TILED FLOORS. BLDG 2 IS 28x11 WITH A 17x11 LIV RM/BEDROOM WITH WOOD LAMINATE FLOORS & AN 11x11 STORAGE ROOM. BOTH BUILDINGS HAVE WALL UNIT AC'S. SCREEN PORCH. CARPORT. SOME FURNISHINGS ARE INCLUDED. LESS THAN A MILE FROM THE POLK CO. BOAT LANDING ON LAKE PIERCE. THE SELLER WILL CONSIDER FINANCING THE HOME WITH $14,000. DOWN, 6% INTEREST, AMORTIZED OVER A 15 OR 20 YEAR PERIOD WITH A BALLOON PAYMENT AT THE END OF 5 YEARS.

21. 2006-05-04
    soldstatus $50,000 156-char remark

    Show marketing remark (156 chars)

    BEAUTIFUL 1/2 ACRE LOT WITH LARGE OAKS, ACTUALLY MADE UP OF 6 SMALLER LOTS. THE S 1/2 MADE UP OF 3 LOTS, COULD MOST LIKELY BE ANOTHER BUILDING LOT. WORKSHOP

22. 2006-02-07
    listed $59,500 156-char remark

    Show marketing remark (156 chars)

    BEAUTIFUL 1/2 ACRE LOT WITH LARGE OAKS, ACTUALLY MADE UP OF 6 SMALLER LOTS. THE S 1/2 MADE UP OF 3 LOTS, COULD MOST LIKELY BE ANOTHER BUILDING LOT. WORKSHOP

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 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: $18,750
• − Mortgage interest: −$8,346
• − Property taxes: −$2,235
• − Insurance: −$745
• − Repairs & maintenance: −$1,500
• − Management: −$1,500
• − Depreciation: −$4,335
• Taxable income: $89
• Est. tax owed @ 24.0%: −$21
• After-tax cash flow: $2,435/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

+177.1% since first listed

8 events — show timeline

• 2026-02-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-01 Listed $164,900 Stellar MLS as Distributed by MLS Grid
• 2011-04-04 Sold (MLS) $59,000 Stellar MLS as Distributed by MLS Grid
• 2010-08-30 Listed $59,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-04 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2006-02-07 Listed $59,500 Stellar MLS as Distributed by MLS Grid