None · Sebring, FL 33876

$120,000

3 bd · 2.0 ba · 1,088 sqft · Manufactured public records · 14 Days on market

Built 2000 5,663 sqft lot

---

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 +15.1/30.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• DSCR +4.6/10.0
• 1% rule +4.0/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This is a 3 BEDROOM 2 BATH mobile home on owned land. This mobile has been updated, vinyl plank flooring, newer roof. Screened porch and storage shed off the porch under the roof. Recently painted inside. Vacant lot next door. Mobile would be great as a full time residence, starter home, winter home or a rental.

Key facts

• Newer roof
• Storage shed
• Screened porch

Tags

• VINYL PLANK FLOORING
• NEWER ROOF
• SCREENED PORCH
• STORAGE SHED
• RECENTLY PAINTED

Property features AI

Finance

• Other: Zoning: M1

Exterior

• Parking: 2-space carport
• Utilities: Public water; Public sewer
• Home design: One level; Mobile home (residential)
• Construction: Frame construction with metal siding; Metal roof
• Exterior features: Screened porch; Side porch; Paved road frontage

Interior

• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Vinyl flooring; Total of 8 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $40 ($481/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $109k (9.5% below list).
• Recommended offer: $109k (9.5% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.3% in Sebring — 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 66/100 on livability (#618 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools D, amenities F, commute F.
• Highlands (other): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 211 active listings in the ZIP; 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).

Forward outlook

• In year one you build about $831 of equity ($830 loan paydown + $1 appreciation (0.0% local appreciation)).

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $104k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,541 (9.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.90% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.43%
• DSCR: 1.06
• GRM: 9.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -0.6%
• Equity multiple: 0.97×
• Total profit: $-942
• Equity at exit: $34,850

10-year hold

• IRR: 5.0%
• Equity multiple: 1.54×
• Total profit: $18,254
• Equity at exit: $41,897

Cash invested: $33,600 (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 33876

• Home prices YoY: 0.0%
• Active inventory: 211
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,085 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$138 /mo · $1,657/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$228
• Net cashflow: $40

Break-even live

Break-even rent $1,035

Max offer price $120,000

Occupancy floor 91%

Sensitivity live

Price	-10% $108	-5% $74	+0% $40	+5% $6	+10% $-28
Rent	-10% $-46	-5% $-3	+0% $40	+5% $83	+10% $126
Rate	-1.0pp $101	-0.5pp $71	base $40	+0.5pp $9	+1.0pp $-23

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-19
   days on market $120,000 Active 14 DOM
2. 2026-06-18
   price $120,000 Active 13 DOM
3. 2026-06-18
   days on market $130,000 Active 13 DOM
4. 2026-06-17
   days on market $130,000 Active 12 DOM
5. 2026-06-16
   days on market $130,000 Active 11 DOM
6. 2026-06-15
   days on market $130,000 Active 10 DOM
7. 2026-06-14
   days on market $130,000 Active 8 DOM
8. 2026-06-10
   days on market $130,000 Active 5 DOM
9. 2026-06-09
   days on market $130,000 Active 4 DOM
10. 2026-06-08
    days on market $130,000 Active 3 DOM
11. 2026-06-07
    remarks 313-char remark
12. 2026-06-07
    listed $130,000 Active 2 DOM

ⓘ 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: $1,657 · $138/mo
• Projected year-2 tax: $1,657 · $138/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 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 · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $13,025
• − Mortgage interest: −$6,722
• − Property taxes: −$1,657
• − Insurance: −$600
• − Repairs & maintenance: −$1,042
• − Management: −$1,042
• − Depreciation: −$3,491
• Taxable loss: −$1,529
• Est. tax savings @ 24.0%: +$367
• After-tax cash flow: $848/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: Highlands
• NCES district ID: 1200840
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,276
• Composite: 36.42/100
• National rank: #4672
• State rank: #54 of 73 in FL

Livability — Sebring

• Score: 66/100
• State rank: #618
• US rank: #11992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 50,797
• Population (ZIP): 7,378

Population outlook (Highlands County) Hauer SSP2

• Today (2025): 99,674 people
• By 2030: 99,615 · -0.1%
• By 2040: 99,342 · -0.3%
• By 2050: 98,242 · -1.4%
• By 2075: 93,291 · -6.4%
• By 2100: 79,894 · -19.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 20% Two or more races 11% Black 3%
• Hispanic origin (detail): Mexican 12% Puerto Rican 3% Cuban 4%
• Common ancestry: Scotch-Irish 4% Lithuanian 3% Iranian 2%
• Foreign-born: 8% · Canada
• Languages at home: 82% English-only · Spanish 17% Tagalog/Filipino 0%

Political lean MEDSL · Highlands

• 2024 margin: Solid R (+40.8) · D 29.3% · R 70.1%
• 2008→2024 swing: -22.7pp toward R · 2008: -18.1pp · 2024: -40.8pp
• All cycles: 2024: R+40.8 2020: R+34.4 2016: R+32.0 2012: R+23.0 2008: R+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▬ 0.00%
• Current HPI: 269.3526
• 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

-98.7% since first listed

4 events — show timeline

• 2026-06-07 Rental Removed $1,400 TENANTCLOUD
• 2026-06-05 Listed $130,000 HAOR as distributed by MLS GRID
• 2026-05-30 Listed for Rent $1,400 TENANTCLOUD
• 2022-06-06 Sold (Public Records) $104,000 Public Records

Property tax history

+10.5%/yr

Latest (2025): $1,657 · +1.4% YoY. Source: county tax records.