CashFlowRE
Sign in Sign up
310 Knottwood Ct
D+ Composite 49.59
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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +4.2/10.0
  • Livability +3.9/5.0
  • Appreciation +3.4/10.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0

$5,000

310 Knottwood Ct · Sun City Center, FL 33573
2 bd · 2.0 ba · 1,073 sqft · Condo public records · 10 Days on market
Built 1988

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

Listing remarks

Foreclosure Auction Ends June 08, 2026 at 10:00 AM EST. Discover this inviting 2-bedroom, 2-bathroom single-family home, offering a great opportunity in the desirable Sun City Center area. The list price is the opening bid for the online auction. Sold As-is. Explore more details and submit your bid through Federa.

Key facts

  • Built 1988
  • Listed 10 days

Property features AI

Exterior

  • Security: Gated community with security gate
  • Home design: Condominium; Residential property; Single-story
  • Exterior features: Planned Development (PD) zoning

Interior

  • Bathrooms: 2 full bathrooms
  • Interior features: One-story interior

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $5k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $5k).

Location & tenants

  • Location reads 78/100 on livability (#178 in FL, #2,736 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime B+; Watch: schools D+, amenities F.
  • Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+2.6%/yr); 602 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $35 of loan paydown is wiped out by about $150 of value loss. Plan a longer hold.
  • Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 2.6% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $5,000

Questions for the listing agent

  1. 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?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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 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
33.56%
Cap rate
316.11%
Cash-on-cash
1106.49%
DSCR
50.23
GRM
0.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.65% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
58.75×
Total profit
$80,845
Equity at exit
$746
10-year hold
IRR
Equity multiple
125.27×
Total profit
$173,972
Equity at exit
$432

Cash invested: $1,400 (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 33573

Home prices YoY
-1.2%
Rents YoY
2.6%
Active inventory
602
Price-to-rent
0.2×

Monthly cashflow live

Estimated rent
$1,678 high interval (Pro) →
Mortgage (P&I)
$26
Tax est. 1.5%
$6 /mo · $75/yr
Insurance
$2
HOA
$0
Vacancy / Maint / Mgmt
$352
Net cashflow
$1,291

Break-even live

Break-even rent $44
Max offer price $5,000
Occupancy floor 18%

Sensitivity live

Price -10% $1,294 -5% $1,293 +0% $1,291 +5% $1,289 +10% $1,287
Rent -10% $1,158 -5% $1,225 +0% $1,291 +5% $1,357 +10% $1,423
Rate -1.0pp $1,293 -0.5pp $1,292 base $1,291 +0.5pp $1,290 +1.0pp $1,288

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
$1,250
Closing costs
$150
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
323 Knottwood Ct Sun City Center, FL 1.0 1.0 908 $1,290 $1.42 25d 1 0.05mi
323 Knottwood Ct #1 Sun City Center, FL 1.0 1.0 908 $1,090 $1.20 5d 1 0.05mi
301 Kings Blvd #138 Sun City Center, FL 1.0 1.5 1020 $1,800 $1.76 22d 1 0.22mi
1902 Dandridge St #12 Sun City Center, FL 1.0 1.5 800 $1,495 $1.87 15d 1 0.26mi
409 Feltham Trl Unit B Sun City Center, FL 2.0 2.0 984 $1,650 $1.68 25d 1 0.26mi
403 Finchley Ct Unit B Sun City Center, FL 2.0 2.0 960 $2,000 $2.08 25d 1 0.31mi
302 Canton Ct #62 Sun City Center, FL 1.0 1.5 800 $1,575 $1.97 18d 1 0.31mi
704 Tremont Greens Ln Unit 107 Sun City Center, FL 2.0 2.0 974 $1,700 $1.75 25d 1 0.34mi
306 Fowling Ct Sun City Center, FL 2.0 2.0 960 $1,700 $1.77 25d 1 0.38mi
1814 Foxhunt Dr Unit A Sun City Center, FL 1.0 1.5 800 $1,475 $1.84 25d 1 0.40mi
1901 Andover Way #38 Sun City Center, FL 1.0 1.5 800 $1,495 $1.87 25d 1 0.40mi
201 Bedford Trl Unit F128 Sun City Center, FL 2.0 2.0 960 $1,275 $1.33 25d 1 0.40mi
202 Bedford Trl #99 Sun City Center, FL 1.0 1.0 800 $1,500 $1.88 5d 1 0.42mi
101 Cambridge Trl Sun City Center, FL 1.0–2.0 1.5–2.0 880 $1,650 $1.88 12d 1 0.44mi
1906 Canterbury Ln #26 Sun City Center, FL 2.0 2.0 1200 $1,750 $1.46 0d 1 0.46mi
201 Bedford St #95 Sun City Center, FL 1.0 1.5 800 $1,450 $1.81 15d 1 0.46mi
201 Kings Blvd #19 Sun City Center, FL 1.0 1.5 800 $1,495 $1.87 25d 1 0.46mi
2202 Clubhouse Dr #169 Sun City Center, FL 2.0 2.0 984 $1,450 $1.47 5d 1 0.51mi
2202 Clubhouse Dr #187 Sun City Center, FL 1.0 1.5 800 $1,550 $1.94 25d 1 0.51mi
1802 Bedford Ln Sun City Center, FL 1.0–2.0 2.0 952 $1,800 $1.89 11d 2 0.51mi
1802 Bedford Ter #182 Sun City Center, FL 1.0 1.5 800 $1,400 $1.75 18d 1 0.53mi
1802 Bedford Ter #182 Sun City Center, FL 1.0 1.5 960 $1,375 $1.43 22d 1 0.53mi
110 Gloucester Blvd Sun City Center, FL 2.0 2.0 1136 $1,950 $1.72 25d 1 0.56mi
2345 Glenmore Cir Unit 294 Sun City Center, FL 2.0 2.0 984 $1,500 $1.52 25d 1 0.59mi
2117 Harleston Pl Unit 2117 Sun City Center, FL 2.0 2.0 1448 $2,500 $1.73 25d 1 0.93mi
1103 Villeroy Dr Sun City Center, FL 3.0 2.0 1490 $2,500 $1.68 11d 1 0.95mi
1415 Langley Dr Sun City Center, FL 2.0 2.0 1359 $1,850 $1.36 25d 1 0.95mi
1528 Chevy Chase Dr Sun City Center, FL 2.0 2.0 1346 $2,000 $1.49 25d 1 0.98mi
207 Islip Way Sun City Center, FL 2.0 1.5 992 $1,500 $1.51 18d 1 0.99mi
2124 Hailstone Cir Sun City Center, FL 2.0 2.0 1000 $1,800 $1.80 25d 1 1.00mi
2006 Hampstead Cir Unit N/A Sun City Center, FL 2.0 2.0 1474 $1,800 $1.22 25d 1 1.06mi
1301 Warwick Ct Unit 1301 Sun City Center, FL 1.0 1.0 1102 $1,575 $1.43 25d 1 1.12mi
1005 Rickenbacker Dr Sun City Center, FL 2.0 1.0 1224 $1,595 $1.30 3d 1 1.14mi
2102 Hereford Dr #513 Sun City Center, FL 2.0 2.0 1000 $1,500 $1.50 25d 1 1.15mi
1309 Fairway Greens Dr Sun City Center, FL 3.0 2.0 1420 $1,750 $1.23 25d 1 1.23mi
1256 Corinth Greens Dr Sun City Center, FL 2.0 2.0 1450 $2,150 $1.48 15d 1 1.30mi
2052 Inverness Greens Dr Sun City Center, FL 2.0 2.0 1376 $2,100 $1.53 25d 1 1.32mi
1104 Desert Hills Dr Sun City Center, FL 2.0 2.0 1383 $1,825 $1.32 18d 1 1.44mi
1161 Jameson Greens Dr Sun City Center, FL 3.0 2.0 1292 $1,900 $1.47 25d 1 1.44mi
717 Indian Wells Ave Sun City Center, FL 2.0 2.0 1264 $1,595 $1.26 25d 1 1.49mi

HOA detail condo

Monthly dues
$0 · $0/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 10 events

  1. 2026-06-07
    days on market $5,000 Active 10 DOM
  2. 2026-06-04
    days on market $5,000 Active 7 DOM
  3. 2026-06-03
    days on market $5,000 Active 6 DOM
  4. 2026-06-02
    days on market $5,000 Active 5 DOM
  5. 2026-06-01
    days on market $5,000 Active 4 DOM
  6. 2026-05-31
    days on market $5,000 Active 3 DOM
  7. 2026-05-28
    listed $5,000 Active
  8. 2025-03-19
    historical
  9. 2024-09-20
    listed $160,000 Active
  10. 1988-11-01
    soldstatus $59,500

ⓘ 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 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,134
− Mortgage interest
−$280
− Property taxes
−$75
− Insurance
−$25
− Repairs & maintenance
−$1,611
− Management
−$1,611
− Depreciation
−$145
Taxable income
$16,387
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,933
After-tax cash flow
$11,558/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
Hillsborough
NCES district ID
1200870
Math proficiency
47% ▼ -8.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$50,622
Composite
41.6/100
National rank
#3435
State rank
#41 of 73 in FL

Livability — Sun City Center

Score
78/100
State rank
#178
US rank
#2736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sun City Center, FL
County
Hillsborough County · 1,540,968 people
City population
35,362
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
35,362
Household income
$72,834
Rent vs Own
17.3% rent · 82.7% own
Severe rent burden
1382.0

Population outlook (Hillsborough County) Hauer SSP2

Today (2025)
1,607,022 people
By 2030
1,733,968 · +7.9%
By 2040
1,979,565 · +23.2%
By 2050
2,203,427 · +37.1%
By 2075
2,667,893 · +66.0%
By 2100
2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Hispanic / Latino 13% Two or more races 11% Black 10% Asian 1%
Hispanic origin (detail)
Mexican 1% Puerto Rican 6% Cuban 2%
Common ancestry
Romanian 3% Lithuanian 3% Slovak 2%
Foreign-born
8% · Canada, Vietnam
Languages at home
86% English-only · Spanish 10% French/Haitian/Cajun 1% German/W. Germanic 1%

Political lean MEDSL · Hillsborough

2024 margin
Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
2008→2024 swing
-10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
All cycles
2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -3.27%
Current HPI
272.9767
Rent YoY
▲ 2.65%
Metro
Tampa-St. Petersburg-Clearwater, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-91.6% since first listed
4 events — show timeline
  • 2026-05-28 Listed $5,000 NFMLS
  • 2025-03-19 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2024-09-20 Listed $160,000 Stellar MLS as Distributed by MLS Grid
  • 1988-11-01 Sold (Public Records) $59,500 Public Records

Property tax history

+3.6%/yr

Latest (2025): $343 · +11.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…