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5981 Windhover Dr Unit A10 🌊 Lakefront
D+ Composite 49.11
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).

  • ARV discount +15.0/15.0
  • Cash flow +9.6/30.0
  • 1% rule +7.4/10.0
  • Schools +4.4/10.0
  • Livability +4.3/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.8/5.0
  • DSCR +2.7/10.0
  • Appreciation +0.0/10.0

$125,800

5981 Windhover Dr Unit A10 · Orlando, FL 32819
1 bd · 1.0 ba · 591 sqft · Condo · 126 Days on market
Built 1974 Average condition $213/sqft · 37% below area Est $199k · 37% under · waterfront $448/mo HOA · 29% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to 5981 Windhover Dr, Unit 7-A10-2! This charming condo offers the perfect blend of resort-style living and unbeatable convenience, making it an ideal choice for homebuyers or savvy investors. ? Key Features: Unbeatable Location: Just minutes from Universal Studios, International Drive, premium outlets, and world-class dining. Bright & Cozy Layout: Features a functional open floor plan with great natural light, perfect for modern living or a vacation getaway. Resort Amenities: Enjoy access to the community’s sparkling swimming pool, sundeck, and beautifully landscaped grounds.

Key facts

  • Resort amenities
  • End unit
  • Corner unit

Tags

UNBEATABLE LOCATIONRESORT AMENITIESCOMMUTERS DREAMEXCELLENT INVESTMENT POTENTIALCORNER UNITEND UNIT

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $126k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $-85 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $114k (9.8% below list).
  • Meets the 1% rule at list price ($2k rent vs $126k).
  • Recommended offer: $111k (12.0% below list) — sets the bar for market timing.
  • Cap rate 5.5% vs local median 3.1% in Orlando — 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 86/100 on livability (#12 in FL, #360 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
  • Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Palm Lake Elementary (math 59% / reading 59%, grade B-, #722 of 2,144 statewide, top 34%, 651 students, 48% FRL); Chain of Lakes Middle (math 39% / reading 37%, grade F, #388 of 571 statewide, top 69%, 1,209 students, 46% FRL); Dr. Phillips High (math 21% / reading 49%, grade F, #379 of 667 statewide, top 58%, 3,202 students, 44% FRL).
  • Market conditions: Rents rising (+1.7%/yr); 424 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $870 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 126 days — a 12% lower offer ($111k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 29% of rent.
Recommended offer $110,704 (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 126 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 1974 — 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. 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?
  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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  11. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  12. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  13. 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.
  14. 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.
  15. 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
1.24%
Cap rate
5.48%
Cash-on-cash
-2.89%
DSCR
0.87
GRM
6.7

CMA / ARV

ARV (median comp)
$198,595
List price
$125,800
Delta
-36.65%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.72% rent growth · sell at horizon

5-year hold
IRR
-23.1%
Equity multiple
0.22×
Total profit
$-27,471
Equity at exit
$18,757
10-year hold
IRR
-22.9%
Equity multiple
-0.07×
Total profit
$-37,596
Equity at exit
$10,877

Cash invested: $35,224 (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.

ZIP-level market 32819

Rents YoY
1.7%
Active inventory
424
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,560 high interval (Pro) →
Mortgage (P&I)
$660
Tax est. 1.5%
$157 /mo · $1,887/yr
Insurance
$52
HOA
$448
Vacancy / Maint / Mgmt
$328
Net cashflow
$-85

Break-even live

Break-even rent $1,668
Max offer price $113,530
Occupancy floor

Sensitivity live

Price -10% $2 -5% $-41 +0% $-85 +5% $-128 +10% $-172
Rent -10% $-208 -5% $-146 +0% $-85 +5% $-23 +10% $38
Rate -1.0pp $-21 -0.5pp $-53 base $-85 +0.5pp $-117 +1.0pp $-151

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
$31,450
Closing costs
$3,774
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5974 Windhover Dr Orlando, FL 1.0–2.0 1.0–2.5 1200 $1,049 $0.87 43d 1 0.08mi
5109 Eaglesmere Dr Unit 11A Orlando, FL 1.0 1.0 591 $1,250 $2.12 68d 1 0.22mi
5467 Vineland Rd Orlando, FL 1.0–2.0 1.0–2.0 824 $1,380 $1.67 30d 2 0.57mi
5467 Vineland Rd #6214 Orlando, FL 1.0 1.0 645 $1,350 $2.09 117d 1 0.58mi
5475 Vineland Rd #8311 Orlando, FL 1.0 1.0 734 $1,500 $2.04 119d 1 0.60mi
5475 Vineland Rd Orlando, FL 1.0 1.0 777 $1,312 $1.69 82d 3 0.60mi
5455 Vineland Rd Orlando, FL 1.0–3.0 1.0–2.0 977 $1,395 $1.43 0d 2 0.64mi
5455 Vineland Rd #3214 Orlando, FL 1.0 1.0 645 $1,375 $2.13 103d 1 0.65mi
5451 Vineland Rd #2111 Orlando, FL 1.0 1.0 734 $1,195 $1.63 74d 1 0.66mi
5451 Vineland Rd #2111 Orlando, FL 1.0 1.0 734 $1,195 $1.63 88d 1 0.66mi
5447 Vineland Rd Orlando, FL 1.0–3.0 1.0–2.0 983 $1,650 $1.68 100d 3 0.69mi
5447 Vineland Rd Orlando, FL 1.0 1.0 777 $1,900 $2.45 10d 2 0.69mi
5447 Vineland Rd Orlando, FL 1.0 1.0 734 $1,925 $2.62 56d 2 0.69mi
5447 Vineland Rd Orlando, FL 1.0 1.0 734 $1,875 $2.55 68d 2 0.69mi
5447 Vineland Rd Orlando, FL 1.0–3.0 1.0–2.0 983 $1,350 $1.37 110d 4 0.69mi
5447 Vineland Rd #1211 Orlando, FL 1.0 1.0 734 $2,350 $3.20 63d 1 0.69mi
6025 Oakshadow St Orlando, FL 1.0–3.0 1.0–2.0 949 $1,385 $1.46 0d 46 0.73mi
4601 S Kirkman Rd Orlando, FL 1.0 1.0 550 $1,024 $1.86 23d 3 0.75mi
6421 Conroy Rd Orlando, FL 1.0–2.0 1.0–2.0 847 $1,256 $1.48 0d 19 0.79mi
4618 Middlebrook Rd Orlando, FL 2.0 1.0–2.0 710 $1,454 $2.05 0d 18 0.86mi
4368 S Kirkman Rd Orlando, FL 1.0–2.0 1.0–2.0 863 $1,700 $1.97 110d 2 0.89mi
4368 S Kirkman Rd Orlando, FL 1.0 1.0 730 $2,700 $3.70 119d 1 0.89mi
5579 Millennia Park Dr Unit 517 Orlando, FL 1.0 1.0 750 $1,490 $1.99 10d 1 0.89mi
5587 Millennia Park Dr Unit 519 Orlando, FL 1.0 1.0 750 $1,800 $2.40 119d 1 0.89mi
5587 Millennia Park Dr Unit 110 Orlando, FL 1.0 1.0 750 $1,900 $2.53 119d 1 0.89mi
5579 Millennia Park Dr #403 Orlando, FL 1.0 1.0 750 $1,600 $2.13 119d 1 0.89mi
5587 Millennia Park Dr Unit 515 Orlando, FL 1.0 1.0 750 $1,500 $2.00 119d 1 0.89mi
5563 Millennia Park Dr Apt 508 Orlando, FL 1.0 1.0 750 $1,500 $2.00 59d 1 0.89mi
5563 Millennia Park Dr Orlando, FL 1.0 1.0 750 $1,350 $1.80 43d 1 0.89mi
5563 Millennia Park Dr Apt 209 Orlando, FL 1.0 1.0 750 $1,450 $1.93 29d 1 0.89mi
5563 Millennia Park Dr Unit 309 1 Orlando, FL 1.0 1.0 750 $1,400 $1.87 0d 1 0.89mi
4332 S Kirkman Rd #1003 Orlando, FL 1.0 1.0 729 $1,300 $1.78 62d 1 0.89mi
4352 S Kirkman Rd Orlando, FL 1.0–2.0 1.0–2.0 964 $1,300 $1.35 10d 3 0.89mi
4352 S Kirkman Rd Orlando, FL 1.0–2.0 1.0–2.0 964 $1,365 $1.42 98d 2 0.89mi
4324 S Kirkman Rd Orlando, FL 1.0 1.0 730 $2,700 $3.70 119d 1 0.93mi
4860 Cypress Woods Dr Orlando, FL 1.0–2.0 1.0–2.0 830 $1,199 $1.44 3d 8 0.96mi
6331 Adriana Ave Orlando, FL 1.0–3.0 1.0–2.0 1038 $1,680 $1.62 0d 30 1.08mi
5148 Conroy Rd Unit 1216 Orlando, FL 1.0 1.0 711 $1,250 $1.76 77d 1 1.13mi
4771 Walden Cir Orlando, FL 2.0 1.0 798 $1,264 $1.58 0d 10 1.13mi
5152 Conroy Rd Unit 1316 Orlando, FL 1.0 1.0 597 $1,200 $2.01 0d 1 1.14mi

Property features AI

Finance

Financial info
Total annual association fees $5,376Unfurnished unitNo lease restrictions
HOA & community
Monthly HOA fee of $448 covering pool, recreational facilities, grounds and structure maintenance, escrow reserves and general maintenanceCommunity features include deed restrictions, pool and street lightsPets allowed (up to 60 lbs)

Exterior

Utilities
Public waterPublic sewerElectricity connected
Home design
Condominium2 total storiesSecond-floor unitSouth-facing
Construction
Stucco and frame constructionShingle roofSlab foundationBuilt as part of Windhover Condo
Exterior features
Enclosed rear porchBalconyOutdoor grillStorageLightingTennis courts

Interior

Kitchen
DishwasherDisposalRefrigerator
Bedrooms
1 bedroom
Flooring
Ceramic tileLaminate
Bathrooms
1 full bathroom
Heating & cooling
Central heating (electric)Central air conditioningElectric water heater
Interior features
Ceiling fansExhaust fan
Laundry & utility
WasherDryerLaundry room (upper level, outside access)

HOA detail $448/mo · $5,376/yr condo

Likely covers
landscapingpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-09-23
    days on market $125,800 Active 126 DOM
  2. 2026-09-22
    days on market $125,800 Active 125 DOM
  3. 2026-09-21
    days on market $125,800 Active 124 DOM
  4. 2026-09-20
    days on market $125,800 Active 123 DOM
  5. 2026-09-19
    days on market $125,800 Active 122 DOM
  6. 2026-09-18
    days on market $125,800 Active 121 DOM
  7. 2026-09-17
    days on market $125,800 Active 120 DOM
  8. 2026-09-16
    days on market $125,800 Active 119 DOM
  9. 2026-09-15
    days on market $125,800 Active 118 DOM
  10. 2026-09-14
    days on market $125,800 Active 117 DOM
  11. 2026-09-13
    days on market $125,800 Active 116 DOM
  12. 2026-09-12
    days on market $125,800 Active 115 DOM
  13. 2026-09-11
    days on market $125,800 Active 114 DOM
  14. 2026-09-05
    days on market $125,800 Active 108 DOM
  15. 2026-09-04
    days on market $125,800 Active 107 DOM
  16. 2026-09-03
    days on market $125,800 Active 106 DOM
  17. 2026-08-31
    days on market $125,800 Active 103 DOM
  18. 2026-08-29
    days on market $125,800 Active 101 DOM
  19. 2026-08-28
    days on market $125,800 Active 100 DOM
  20. 2026-08-27
    days on market $125,800 Active 99 DOM
  21. 2026-08-25
    days on market $125,800 Active 97 DOM
  22. 2026-08-24
    days on market $125,800 Active 96 DOM
  23. 2026-08-23
    days on market $125,800 Active 95 DOM
  24. 2026-08-22
    days on market $125,800 Active 94 DOM
  25. 2026-08-21
    days on market $125,800 Active 93 DOM
  26. 2026-08-20
    days on market $125,800 Active 92 DOM
  27. 2026-08-19
    days on market $125,800 Active 91 DOM
  28. 2026-08-18
    days on market $125,800 Active 90 DOM
  29. 2026-08-17
    days on market $125,800 Active 89 DOM
  30. 2026-08-16
    days on market $125,800 Active 88 DOM
  31. 2026-08-15
    days on market $125,800 Active 87 DOM
  32. 2026-08-14
    days on market $125,800 Active 86 DOM
  33. 2026-08-13
    days on market $125,800 Active 85 DOM
  34. 2026-08-12
    days on market $125,800 Active 84 DOM
  35. 2026-08-11
    days on market $125,800 Active 83 DOM
  36. 2026-08-10
    days on market $125,800 Active 82 DOM
  37. 2026-08-09
    days on market $125,800 Active 81 DOM
  38. 2026-08-08
    days on market $125,800 Active 80 DOM
  39. 2026-08-06
    days on market $125,800 Active 78 DOM
  40. 2026-08-05
    days on market $125,800 Active 77 DOM
  41. 2026-08-04
    days on market $125,800 Active 76 DOM
  42. 2026-08-03
    days on market $125,800 Active 75 DOM
  43. 2026-07-31
    days on market $125,800 Active 72 DOM
  44. 2026-07-30
    days on market $125,800 Active 70 DOM
  45. 2026-07-28
    pricedays on market $125,800 Active 69 DOM
  46. 2026-07-26
    days on market $126,800 Active 67 DOM
  47. 2026-07-24
    days on market $126,800 Active 65 DOM
  48. 2026-07-23
    days on market $126,800 Active 64 DOM
  49. 2026-07-22
    days on market $126,800 Active 63 DOM
  50. 2026-07-21
    days on market $126,800 Active 62 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,723
− Mortgage interest
−$7,047
− Property taxes
−$1,887
− Insurance
−$629
− Repairs & maintenance
−$1,498
− Management
−$1,498
− HOA
−$5,376
− Depreciation
−$3,660
Taxable loss
−$2,871
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$689
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.

Condition & rehab AI · 9 photos

Average 55/100 Cosmetic rehab Est. rehab $2,955–$8,865 screening

This charming townhouse offers a good starting point for investors, with minor repairs and updates needed to enhance its curb appeal and interior condition.

Repairs flagged

  • Minor Exterior siding — Weathered appearance
  • Minor Paint — Slight wear

Value-add opportunities

  • Both Painting and minor exterior repairs — Enhances curb appeal and interior appearance
  • Both Landscaping improvements — Boosts curb appeal and enhances property value
  • Both Kitchen and bathroom updates — Modernizes spaces and improves functionality

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 44/100

Zoned Schools

Elementary Palm Lake Elementary B- FL #722/2,144 Nat'l #8,048/41,679 Middle Chain Of Lakes Middle F FL #388/571 Nat'l #6,571/14,009 High Dr. Phillips High F FL #379/667 Nat'l #9,567/17,239

Schools (NCES district)

District
Orange
NCES district ID
1201440
Math proficiency
46% ▼ -9.00%
Reading proficiency
51% ▼ -2.00%
Median HH income
$49,350
Composite
41.47/100
National rank
#3461
State rank
#43 of 73 in FL
A Composite livability gradescore 86/100

Livability — Orlando

Score
86/100
State rank
#12
US rank
#360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Orlando, FL
County
Orange County · 1,618,226 people
City population
964,969
Metro
Orlando-Kissimmee-Sanford, FL
Population (ZIP)
30,213
Household income
$98,109
Rent vs Own
44.4% rent · 55.6% own
Severe rent burden
16% of renters

Population outlook (Orange County) Hauer SSP2

Today (2025)
1,618,226 people
By 2030
1,787,404 · +10.5%
By 2040
2,125,621 · +31.4%
By 2050
2,454,016 · +51.6%
By 2075
3,173,711 · +96.1%
By 2100
3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
White 51% Hispanic / Latino 20% Two or more races 17% Black 12% Asian 8%
Hispanic origin (detail)
Mexican 2% Puerto Rican 6% Cuban 4% Dominican 2%
Common ancestry
Estonian 4% Romanian 3% Lithuanian 2%
Foreign-born
27% · Canada, China, Jamaica
Languages at home
65% English-only · Spanish 17% Other Indo-European 9% French/Haitian/Cajun 2%

Political lean MEDSL · Orange

2024 margin
D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
2008→2024 swing
-5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
All cycles
2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2026-05-20 Listed $130,000 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…