504 Thunderbird Hill Rd · Sebring, FL 33872

$75,000

3 bd · 3.0 ba · 1,632 sqft · Manufactured · 157 Days on market

Manufactured home Built 1987 Good condition $46/sqft · 46% below area Est $140k · 46% under ↓ 23% since listing

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.9/10.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +2.9/5.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -6.6

Listing remarks

2008 Double wide, 3 bed 3 bath, new roof and A/C 2023 per seller. Vinyl/laminate floors, double pane windows, SS appliances plus large carport, furnished ready for a new owner. 2 refrigerators included, shed/outbuilding and large lot with a pond behind the home. Tons of square footage, large carport and amenities. Lot rent only 633 per month includes trash and lawn care plus park amenities. Location is great, close to shopping, restaurants, hospitals and much more. Lots to offer here. Make an appointment today to view this must see property.

Key facts

• Shed
• Double pane windows
• New a/c

Tags

• NEW ROOF
• NEW A/C
• DOUBLE PANE WINDOWS
• SS APPLIANCES
• LARGE CARPORT
• SHED

🏷️ Possibly a rental listed for sale. The $75,000 price doesn't fit this home's estimated sale value (~$140,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $75k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $674 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.1% vs local median 4.7% 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: amenities F, commute F, employment 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.
• Zoned schools: Sun 'N Lake Elementary School (math 63% / reading 59%, grade B, #653 of 2,144 statewide, top 31%, 618 students, 67% FRL); Sebring Middle School (math 52% / reading 40%, grade D+, #300 of 571 statewide, top 53%, 815 students, 64% FRL); Sebring High School (math 32% / reading 48%, grade F, #296 of 667 statewide, top 45%, 1,809 students, 56% FRL).
• Market conditions: Rents rising (+1.6%/yr); 1055 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 157 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.

Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 157 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.01% ✓
• Cap rate: 17.07%
• Cash-on-cash: 38.49%
• DSCR: 2.71
• GRM: 4.1

CMA / ARV

• ARV (median comp): $140,000
• List price: $75,000
• Delta: -46.43%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
112 Sunbird Pl	0.22mi	2/2.0 (-1)	1,620 (-1%)	8mo	$140,000	$86	73
1108 Sunbird Ct	0.21mi	2/2.0 (-1)	1,544 (-5%)	1mo	$154,000	$100	72
518 Sunbird Sq	0.15mi	2/2.5 (-1)	1,352 (-17%)	0mo	$25,000	$18	60
206 Pine Tree Ln	0.28mi	2/2.0 (-1)	1,476 (-10%)	21mo	$118,000	$80	44
128 Pine Tree Ln	0.30mi	4/2.0 (+1)	1,864 (+14%)	17mo	$160,000	$86	40
2036 Robin Ct	1.04mi	2/2.0 (-1)	1,404 (-14%)	16mo	$154,000	$110	19

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.65% rent growth · sell at horizon

5-year hold

• IRR: 33.1%
• Equity multiple: 2.37×
• Total profit: $28,752
• Equity at exit: $11,183

10-year hold

• IRR: 39.3%
• Equity multiple: 4.44×
• Total profit: $72,300
• Equity at exit: $6,485

Cash invested: $21,000 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 9 active · 2 under contract
• Months of supply: 27.0 mo (4%/mo absorbed)
• Median asking: $154,997 ($110/sqft)
• Median days on market: 1 d
• This list price: 22% of active listings are priced below it
• ARV vs active asking: -22.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33872

• Home prices YoY: -25.8%
• Rents YoY: 1.6%
• Active inventory: 1055
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,509 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $674

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 50%

Sensitivity live

Price	-10% $725	-5% $700	+0% $674	+5% $648	+10% $622
Rent	-10% $554	-5% $614	+0% $674	+5% $733	+10% $793
Rate	-1.0pp $711	-0.5pp $693	base $674	+0.5pp $654	+1.0pp $634

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: $18,750
• Closing costs: $2,250
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4315 Vantage Cir Sebring, FL	2.0	2.0	1101	$1,600	$1.45	6d	1	0.31mi
4407 Sunbeam St Sebring, FL	3.0	2.0	1250	$2,200	$1.76	6d	1	0.65mi
4700 Sunbeam St Sebring, FL	3.0	2.0	1270	$1,900	$1.50	6d	1	0.76mi
108 Whatley Blvd Sebring, FL	3.0	2.0	1800	$1,950	$1.08	6d	1	0.80mi
1409 Palm Way Sebring, FL	3.0	2.0	1768	$1,900	$1.07	6d	1	1.07mi
3802 Peugeot St Sebring, FL	3.0	2.0	1563	$1,550	$0.99	6d	1	1.11mi
4402 Duffer Loop Sebring, FL	3.0	2.0	1688	$2,000	$1.18	2d	1	1.13mi
1419 Prospect Dr Sebring, FL	3.0	2.0	1231	$1,750	$1.42	6d	1	1.36mi

Property features AI

Finance

• Other: Park name: Thunderbird Hill
• HOA & community: Senior communityClubhouseLand is leased (monthly land lease $633)

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public waterPublic sewerSewer available
• Home design: Manufactured in park (mobile home)Double wideOne level
• Construction: Frame constructionMetal and shingle roof
• Exterior features: Community poolNo patio or porchShed(s)Workshop

Interior

• Kitchen: DishwasherMicrowaveRefrigerator
• Bedrooms: Total rooms: 8
• Flooring: Vinyl
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric)Central air (electric)
• Interior features: High-speed internetBlindsFurnished
• Laundry & utility: WasherDryer

Listing history 47 events

1. 2026-09-16
   days on market $75,000 Active 157 DOM
2. 2026-09-15
   days on market $75,000 Active 156 DOM
3. 2026-09-14
   days on market $75,000 Active 155 DOM
4. 2026-09-13
   days on market $75,000 Active 154 DOM
5. 2026-09-12
   days on market $75,000 Active 153 DOM
6. 2026-09-11
   days on market $75,000 Active 152 DOM
7. 2026-09-05
   days on market $75,000 Active 146 DOM
8. 2026-09-04
   days on market $75,000 Active 145 DOM
9. 2026-09-03
   status $75,000 Active 144 DOM
10. 2026-07-13
    status $75,000 Pending 144 DOM
11. 2026-07-12
    days on market $75,000 Active 144 DOM
12. 2026-07-11
    days on market $75,000 Active 143 DOM
13. 2026-07-10
    days on market $75,000 Active 142 DOM
14. 2026-07-09
    days on market $75,000 Active 141 DOM
15. 2026-07-08
    days on market $75,000 Active 140 DOM
16. 2026-07-07
    days on market $75,000 Active 139 DOM
17. 2026-07-07
    price $75,000 Active 138 DOM
18. 2026-07-06
    days on market $85,000 Active 138 DOM
19. 2026-07-05
    days on market $85,000 Active 137 DOM
20. 2026-07-04
    days on market $85,000 Active 136 DOM
21. 2026-07-03
    days on market $85,000 Active 135 DOM
22. 2026-07-02
    days on market $85,000 Active 134 DOM
23. 2026-07-01
    days on market $85,000 Active 133 DOM
24. 2026-06-30
    days on market $85,000 Active 132 DOM
25. 2026-06-29
    days on market $85,000 Active 131 DOM
26. 2026-06-28
    days on market $85,000 Active 130 DOM
27. 2026-06-28
    days on market $85,000 Active 129 DOM
28. 2026-06-27
    days on market $85,000 Active 128 DOM
29. 2026-06-26
    days on market $85,000 Active 127 DOM
30. 2026-06-23
    days on market $85,000 Active 124 DOM
31. 2026-06-21
    days on market $85,000 Active 123 DOM
32. 2026-06-19
    days on market $85,000 Active 121 DOM
33. 2026-06-18
    days on market $85,000 Active 120 DOM
34. 2026-06-17
    days on market $85,000 Active 119 DOM
35. 2026-06-16
    days on market $85,000 Active 118 DOM
36. 2026-06-15
    days on market $85,000 Active 117 DOM
37. 2026-06-14
    days on market $85,000 Active 115 DOM
38. 2026-06-10
    days on market $85,000 Active 112 DOM
39. 2026-06-09
    days on market $85,000 Active 111 DOM
40. 2026-06-08
    days on market $85,000 Active 110 DOM
41. 2026-06-07
    days on market $85,000 Active 109 DOM
42. 2026-06-02
    days on market $85,000 Active 104 DOM
43. 2026-06-01
    days on market $85,000 Active 103 DOM
44. 2026-05-31
    days on market $85,000 Active 102 DOM
45. 2026-05-30
    days on market $85,000 Active 101 DOM
46. 2026-03-05
    price $85,000
47. 2026-02-18
    listed $110,000 Active

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

Taxation est. · year 1

• Rental income: $18,106
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,448
• − Management: −$1,448
• − Depreciation: −$2,182
• Taxable income: $7,326
• Est. tax owed @ 24.0%: −$1,758
• After-tax cash flow: $6,326/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 · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $8,160–$24,480 screening

This 2008 double-wide manufactured home is in good condition with recent updates, including a new roof and air conditioning. It offers a good balance of curb appeal and functionality, making it a solid investment.

Repairs flagged

• Minor porch railings — The railings appear to be made of wood and may need touch-up paint.

Value-add opportunities

• Resale paint exterior — A fresh coat of paint can enhance the home's curb appeal and value. ↑
• Resale update railings — New railings can improve safety and add a modern touch. ↑
• Both landscape — Landscaping can enhance curb appeal and attract more potential buyers/tenants. ↑

ⓘ 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 49/100

Zoned Schools

Elementary Sun 'n Lake Elementary School B FL #653/2,144 Nat'l #6,943/41,679 Middle Sebring Middle School D+ FL #300/571 Nat'l #4,433/14,009 High Sebring High School F FL #296/667 Nat'l #8,112/17,239

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

C Composite livability gradescore 66/100

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

• County: Highlands County · 99,674 people
• City population: 50,797
• Metro: Sebring-Avon Park, FL
• Population (ZIP): 13,746
• Household income: $69,578
• Rent vs Own: 10.6% rent · 89.4% own
• Severe rent burden: 6% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 22% Two or more races 11% Black 5% Asian 4% Native American 1%
• Hispanic origin (detail): Mexican 5% Puerto Rican 9% Cuban 3%
• Common ancestry: Romanian 2% Russian 2% Slovak 2%
• Foreign-born: 12% · Canada, Jamaica
• Languages at home: 79% English-only · Spanish 16% Other Asian/Pacific 2% Other Indo-European 1%

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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: ▼ -78.20%
• Current HPI: 225.3761
• Rent YoY: ▲ 1.65%
• Metro: Sebring-Avon Park, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Other: Park name: Thunderbird Hill
• HOA & community: Senior communityClubhouseLand is leased (monthly land lease $633)

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public waterPublic sewerSewer available
• Home design: Manufactured in park (mobile home)Double wideOne level
• Construction: Frame constructionMetal and shingle roof
• Exterior features: Community poolNo patio or porchShed(s)Workshop

Interior

• Kitchen: DishwasherMicrowaveRefrigerator
• Bedrooms: Total rooms: 8
• Flooring: Vinyl
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric)Central air (electric)
• Interior features: High-speed internetBlindsFurnished
• Laundry & utility: WasherDryer

Price history

-22.7% since first listed

2 events — show timeline

• 2026-03-05 Price Changed $85,000 HAOR as distributed by MLS GRID
• 2026-02-18 Listed $110,000 HAOR as distributed by MLS GRID