315 Wymore Rd #104 · Altamonte Springs, FL 32714

$102,500

1 bd · 1.0 ba · 650 sqft · Condo public records · 225 Days on market

Built 1971 $323/mo HOA · 27% 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 +10.0/30.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Schools +5.1/10.0
• Livability +4.1/5.0
• DSCR +2.8/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor Alert. Nice first-floor 1 bedroom, 1 bathroom condo located in the heart of Altamonte Springs. Enjoy great community amenities with a large pool, tennis courts, gym, and sauna. HOA fee includes water, trash, and sewer.

Key facts

• First-floor condo
• Community amenities
• Large pool

Tags

• FIRST-FLOOR CONDO
• COMMUNITY AMENITIES
• LARGE POOL
• TENNIS COURTS
• GYM
• SAUNA

Property features AI

Finance

• Other: Property subtype: Condominium; Zoning: R-3
• Financial info: Total monthly fees: $323; Total annual fees: $3,876; Lease restrictions apply
• HOA & community: Monthly HOA fee of $323 (includes pool, insurance, building and grounds maintenance, management, sewer, trash, and water); Association name: Eva Valencia; Association approval required; Pets allowed: Cats and dogs; Community pool

Exterior

• Utilities: Private and public water available; Private sewer; Cable available
• Home design: Condominium; Residential property; North-facing; One level (unit on floor 1); 2 total stories in building; Entry level: One
• Construction: Stucco construction; Shingle roof; Concrete perimeter foundation; Slab foundation; Building/Unit number 104
• Exterior features: Balcony; Paved road access

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; 3 total rooms
• Laundry & utility: Laundry located in the kitchen; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $102k.

Deal economics

• At list price, monthly cash flow is $-62 ($-743/yr) — negative.
• To cash-flow at today's rent, offer at most $92k (10.7% below list).
• Meets the 1% rule at list price ($1k rent vs $102k).
• Recommended offer: $90k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.6% vs local median 3.4% in Altamonte Springs — 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 82/100 on livability (#62 in FL, #1,095 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime D+, amenities D-.
• Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-0.8%/yr); 257 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,979 units permitted in Seminole County in 2024 (1,191 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $709 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 225 days — a 12% lower offer ($90k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $22k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 27% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,200 (12.0% 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 225 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.19% ✓
• Cap rate: 5.57%
• Cash-on-cash: -2.59%
• DSCR: 0.88
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.5%
• Equity multiple: 0.17×
• Total profit: $-23,906
• Equity at exit: $15,283

10-year hold

• IRR: -46.6%
• Equity multiple: -0.35×
• Total profit: $-38,808
• Equity at exit: $8,862

Cash invested: $28,700 (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 32714

• Rents YoY: -0.8%
• Active inventory: 257
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,216 high
• Mortgage (P&I): −$538
• Tax from tax record: −$119 /mo · $1,431/yr
• Insurance: −$43
• HOA: −$323
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $-62

Break-even live

Break-even rent $1,294

Max offer price $91,560

Occupancy floor —

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: $25,625
• Closing costs: $3,075
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
315 Wymore Rd Altamonte Springs, FL	1.0	1.0	650	$1,172	$1.80	23d	2	0.03mi
315 Wymore Rd Altamonte Springs, FL	1.0	1.0	650	$1,150	$1.77	17d	1	0.03mi
285 Wymore Rd Unit 285-104 Altamonte Springs, FL	1.0	1.0	651	$1,100	$1.69	23d	1	0.05mi
325 Wymore Rd Unit 325-106 Altamonte Springs, FL	1.0	1.0	651	$1,000	$1.54	23d	1	0.05mi
334 Wymore Rd Altamonte Springs, FL	1.0	1.0	663	$995	$1.50	21d	1	0.10mi
360 Wymore Rd Altamonte Springs, FL	1.0–3.0	1.0–2.0	1108	$995	$0.90	1d	6	0.14mi
264 Springs Colony Cir Altamonte Springs, FL	1.0–3.0	1.0–2.0	1000	$1,362	$1.36	2d	9	0.17mi
435 Wymore Rd #207 Altamonte Springs, FL	1.0	1.0	650	$1,300	$2.00	17d	1	0.18mi
351 Northlake Blvd Altamonte Springs, FL	1.0–2.0	1.0–2.0	837	$1,388	$1.66	1d	26	0.27mi
122 Water Front Way #170 Altamonte Springs, FL	1.0	1.0	496	$1,300	$2.62	17d	1	0.45mi
693 Wymore Rd Altamonte Springs, FL	1.0–2.0	1.0–2.0	860	$1,454	$1.69	2d	15	0.45mi
128 Water Front Way Altamonte Springs, FL	1.0	1.0	496	$1,095	$2.21	12d	1	0.46mi
131 Water Front Way #150 Altamonte Springs, FL	1.0	1.0	496	$1,200	$2.42	2d	1	0.48mi
120 Blue Point Way Altamonte Springs, FL	1.0	1.0	496	$1,170	$2.36	20d	2	0.48mi
123 Blue Point Way #100 Altamonte Springs, FL	1.0	1.0	496	$1,300	$2.62	23d	1	0.51mi
136 Blue Point Way #310 Altamonte Springs, FL	1.0	1.0	496	$1,095	$2.21	2d	1	0.51mi
129 Blue Point Way #150 Altamonte Springs, FL	1.0	1.0	496	$1,175	$2.37	17d	1	0.51mi
465 Forestway Cir #302 Altamonte Springs, FL	1.0	1.0	664	$1,249	$1.88	1d	1	0.54mi
320 Black Oak Ct #207 Altamonte Springs, FL	1.0	1.0	712	$1,350	$1.90	23d	1	0.57mi
230 Country Walk Pl Altamonte Springs, FL	1.0–3.0	1.0–2.5	1068	$1,297	$1.21	1d	52	0.58mi
380 Lakepointe Dr #204 Altamonte Springs, FL	1.0	1.0	712	$1,345	$1.89	4d	1	0.62mi
365 Forestway Cir Altamonte Springs, FL	1.0	1.0	644	$1,325	$2.06	23d	2	0.64mi
365 Forestway Cir #306 Altamonte Springs, FL	1.0	1.0	644	$1,350	$2.10	14d	1	0.64mi
351 Lone Hill Dr #306 Altamonte Springs, FL	1.0	1.0	644	$1,350	$2.10	4d	1	0.64mi
370 Lake Tahoe Ct Altamonte Springs, FL	1.0	1.0	712	$1,295	$1.82	17d	2	0.67mi
375 Lake Ontario Ct Altamonte Springs, FL	1.0	1.0	678	$1,322	$1.95	3d	2	0.67mi
385 Woodside Dr #201 Altamonte Springs, FL	1.0	1.0	708	$1,500	$2.12	23d	1	0.68mi
300 Lakepointe Dr #204 Altamonte Springs, FL	1.0	1.0	712	$1,225	$1.72	23d	1	0.69mi
390 Lake Placid Ct #303 Altamonte Springs, FL	1.0	1.0	644	$1,350	$2.10	17d	1	0.72mi
245 Loraine Dr Altamonte Springs, FL	—	1.0	500	$1,000	$2.00	23d	1	0.77mi
293 Loraine Dr Altamonte Springs, FL	1.0–2.0	1.0	730	$1,030	$1.41	23d	1	0.80mi
425 Centerpointe Cir Altamonte Springs, FL	2.0	1.0–2.0	779	$2,450	$3.14	2d	130	0.86mi
486 Centerpointe Cir Altamonte Springs, FL	1.0–3.0	1.0–2.0	1037	$1,816	$1.75	2d	15	0.87mi
895 Wymore Rd Altamonte Springs, FL	1.0–4.0	1.0–2.5	1304	$1,293	$0.99	1d	21	0.90mi
599 Calibre Crest Pkwy Altamonte Springs, FL	1.0–2.0	1.0–2.5	951	$1,352	$1.42	1d	23	1.05mi
944 Lake Destiny Rd Altamonte Springs, FL	1.0	1.0	625	$1,142	$1.83	19d	3	1.07mi
946 Lake Destiny Rd Unit E Altamonte Springs, FL	1.0	1.0	462	$1,150	$2.49	23d	1	1.08mi
948 Lake Destiny Rd Altamonte Springs, FL	1.0	1.0	625	$1,250	$2.00	3d	1	1.09mi
948 Lake Destiny Rd Unit C Altamonte Springs, FL	1.0	1.0	625	$1,200	$1.92	23d	1	1.09mi
700 Altamira Cir Altamonte Springs, FL	1.0–2.0	1.0–2.0	825	$1,226	$1.49	1d	33	1.09mi

HOA detail condo

• Monthly dues: $323 · $3,876/yr
• Likely covers: watersewertrashpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 32 events

1. 2026-06-18
   days on market $102,500 Active 225 DOM
2. 2026-06-17
   days on market $102,500 Active 224 DOM
3. 2026-06-16
   days on market $102,500 Active 223 DOM
4. 2026-06-15
   days on market $102,500 Active 222 DOM
5. 2026-06-13
   days on market $102,500 Active 220 DOM
6. 2026-06-09
   days on market $102,500 Active 216 DOM
7. 2026-06-08
   days on market $102,500 Active 215 DOM
8. 2026-06-07
   days on market $102,500 Active 214 DOM
9. 2026-06-04
   days on market $102,500 Active 211 DOM
10. 2026-06-03
    days on market $102,500 Active 210 DOM
11. 2026-06-02
    days on market $102,500 Active 209 DOM
12. 2026-06-02
    pricedays on market $102,500 Active 208 DOM
13. 2026-05-31
    days on market $103,000 Active 207 DOM
14. 2026-05-20
    price $103,000
15. 2026-05-18
    price $105,000
16. 2026-05-02
    status Active
17. 2026-05-02
    price $107,888
18. 2026-04-30
    historical
19. 2026-04-08
    price $108,999
20. 2026-03-16
    price $108,900
21. 2026-02-12
    price $112,500
22. 2026-02-05
    price $115,000
23. 2026-01-13
    price $116,500
24. 2025-11-26
    price $119,500
25. 2025-11-04
    listed $125,000 Active
26. 2025-10-27
    historical
27. 2025-08-18
    price $114,900
28. 2025-06-07
    price $119,900
29. 2025-05-29
    listed $124,900 Active
30. 2021-11-09
    soldstatus $80,000
31. 2013-05-09
    soldstatus $49,500
32. 2012-10-01
    soldstatus $3,995,000

ⓘ 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: $1,431 · $119/mo
• Projected year-2 tax: $1,431 · $119/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 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,591
• − Mortgage interest: −$5,742
• − Property taxes: −$1,431
• − Insurance: −$512
• − Repairs & maintenance: −$1,167
• − Management: −$1,167
• − HOA: −$3,876
• − Depreciation: −$2,982
• Taxable loss: −$2,287
• Est. tax savings @ 24.0%: +$549
• After-tax cash flow: $-194/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: Seminole
• NCES district ID: 1201710
• Math proficiency: 57% ▼ -7.00%
• Reading proficiency: 61% ▼ -1.00%
• Median HH income: $58,478
• Composite: 51.05/100
• National rank: #1769
• State rank: #13 of 73 in FL

Livability — Altamonte Springs

• Score: 82/100
• State rank: #62
• US rank: #1095

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Seminole County · 436,154 people
• City population: 62,497
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 37,905
• Household income: $70,955
• Rent vs Own: 49.1% rent · 50.9% own
• Severe rent burden: 1961.0

Population outlook (Seminole County) Hauer SSP2

• Today (2025): 515,494 people
• By 2030: 545,713 · +5.9%
• By 2040: 598,068 · +16.0%
• By 2050: 640,663 · +24.3%
• By 2075: 724,461 · +40.5%
• By 2100: 755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 43% Hispanic / Latino 31% Two or more races 17% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 10% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 4% Hispanic 3% Scotch-Irish 2%
• Foreign-born: 18% · Canada, Jamaica, South Korea
• Languages at home: 71% English-only · Spanish 22% French/Haitian/Cajun 3% Other Indo-European 1%

Political lean MEDSL · Seminole

• 2024 margin: Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
• 2008→2024 swing: -0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -200.78%
• Current HPI: 338.6894
• Rent YoY: ▼ -0.79%
• Metro: Orlando-Kissimmee-Sanford, 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

-97.4% since first listed

19 events — show timeline

• 2026-05-20 Price Changed $103,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-18 Price Changed $105,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-02 Price Changed $107,888 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-08 Price Changed $108,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-16 Price Changed $108,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-12 Price Changed $112,500 Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Price Changed $116,500 Stellar MLS as Distributed by MLS Grid
• 2025-11-26 Price Changed $119,500 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-18 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-07 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-29 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2021-11-09 Sold (Public Records) $80,000 Public Records
• 2013-05-09 Sold (Public Records) $49,500 Public Records
• 2012-10-01 Sold (Public Records) $3,995,000 Public Records

Property tax history

+10.9%/yr

Latest (2025): $1,431 · +9.7% YoY. Source: county tax records.