4345 Aetna Dr · Orlando, FL 32808

$190,000

2 bd · 1.0 ba · 812 sqft · SingleFamily public records · 154 Days on market

Built 1958 6,575 sqft lot

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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 +12.9/30.0
• ARV discount +7.5/15.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• DSCR +3.9/10.0
• 1% rule +3.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

Key facts

• Attached carport
• Fenced backyard
• 6,575 sq ft lot

Tags

• STAINLESS STEEL APPLIANCES
• FENCED BACKYARD
• ATTACHED CARPORT

Property features AI

Finance

• Other: Property zoned R-1/W; Property type: Residential — Single Family Residence; Lot size approximately 0.15 acres
• HOA & community: No HOA association indicated

Exterior

• Parking: Driveway; 1-car carport
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single-family residence; One story; West-facing
• Construction: Stucco exterior; Shingle roof; Slab foundation; Built on a 0.15-acre lot
• Exterior features: Other exterior features; Paved road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $-12 ($-150/yr) — negative.
• To cash-flow at today's rent, offer at most $188k (1.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $166k (12.5% below list).
• Recommended offer: $166k (12.5% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.0% 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.
• Market conditions: Rents soft (-0.3%/yr); 246 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
• This rent runs 40% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 154 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y 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.
• Current owner paid $112k; list at $190k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,196 (12.5% 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 154 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.87% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.28%
• DSCR: 0.99
• GRM: 9.5

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: -20.2%
• Equity multiple: 0.32×
• Total profit: $-36,422
• Equity at exit: $28,330

10-year hold

• IRR: -21.8%
• Equity multiple: 0.03×
• Total profit: $-51,431
• Equity at exit: $16,428

Cash invested: $53,200 (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 32808

• Home prices YoY: -22.6%
• Rents YoY: -0.3%
• Active inventory: 246
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,662 high
• Mortgage (P&I): −$996
• Tax from tax record: −$250 /mo · $2,999/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $-12

Break-even live

Break-even rent $1,678

Max offer price $187,792

Occupancy floor 96%

Sensitivity live

Price	-10% $95	-5% $41	+0% $-12	+5% $-66	+10% $-120
Rent	-10% $-144	-5% $-78	+0% $-12	+5% $53	+10% $119
Rate	-1.0pp $83	-0.5pp $36	base $-12	+0.5pp $-62	+1.0pp $-112

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1216 Lawne Blvd Orlando, FL	3.0	2.0	1000	$1,800	$1.80	24d	1	0.22mi
1625 Mercy Dr Orlando, FL	1.0	1.0	750	$1,200	$1.60	24d	1	0.43mi
3750 W D Judge Dr Orlando, FL	1.0–2.0	1.0–2.0	805	$1,612	$2.00	8d	1	0.46mi
936 Pinedale Ave Unit A Orlando, FL	3.0	2.0	950	$1,499	$1.58	22d	1	0.76mi
936 Pinedale Ave Orlando, FL	3.0	2.0	950	$1,499	$1.58	3d	1	0.76mi
1407 Sunridge Rd Orlando, FL	3.0	2.0	1124	$1,945	$1.73	8d	1	0.96mi
1100 N John Young Pkwy Orlando, FL	1.0–3.0	1.0–2.0	977	$2,120	$2.17	2d	12	0.99mi
4333 Cynthia St Orlando, FL	3.0	2.0	1039	$1,813	$1.74	22d	1	1.08mi
4919 Erleen Pl Orlando, FL	1.0	1.0	965	$800	$0.83	24d	1	1.12mi
1214 N Pine Hills Rd Unit 2 Orlando, FL	1.0	1.0	868	$2,100	$2.42	20d	1	1.22mi
2800 W Concord St Orlando, FL	3.0	1.0	864	$844	$0.98	24d	1	1.23mi
4610 Barley St Orlando, FL	2.0	1.0	805	$1,699	$2.11	24d	1	1.29mi
200 Fanfair Ave Orlando, FL	3.0	1.0	941	$1,730	$1.84	8d	1	1.31mi
1020 barnett villas Dr Orlando, FL	1.0–3.0	1.0–2.0	934	$1,439	$1.54	24d	1	1.37mi
4306 Silver Star Rd Orlando, FL	3.0	2.0	1080	$1,800	$1.67	24d	1	1.39mi
4697 Rose Coral Dr Orlando, FL	2.0	1.0	576	$1,437	$2.49	2d	15	1.42mi
4500 Silver Star Rd Orlando, FL	2.0	2.0	1000	$1,309	$1.31	24d	1	1.44mi

Listing history 37 events

1. 2026-06-18
   days on market $190,000 Active 154 DOM
2. 2026-06-17
   days on market $190,000 Active 153 DOM
3. 2026-06-16
   days on market $190,000 Active 152 DOM
4. 2026-06-15
   days on market $190,000 Active 151 DOM
5. 2026-06-13
   days on market $190,000 Active 149 DOM
6. 2026-06-13
   days on market $190,000 Active 148 DOM
7. 2026-06-09
   days on market $190,000 Active 145 DOM
8. 2026-06-08
   days on market $190,000 Active 144 DOM
9. 2026-06-07
   days on market $190,000 Active 143 DOM
10. 2026-06-04
    days on market $190,000 Active 140 DOM
11. 2026-06-03
    days on market $190,000 Active 139 DOM
12. 2026-06-02
    days on market $190,000 Active 138 DOM
13. 2026-06-02
    days on market $190,000 Active 137 DOM
14. 2026-05-31
    days on market $190,000 Active 136 DOM
15. 2026-03-17
    price $190,000
16. 2026-01-15
    listed $199,000 Active
17. 2019-08-02
    soldstatus $112,000
18. 2019-07-19
    soldstatus $112,000 Sold 306-char remark

    Show marketing remark (306 chars)

    Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

19. 2019-07-14
    status Pending 306-char remark

    Show marketing remark (306 chars)

    Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

20. 2019-06-13
    status Active 306-char remark

    Show marketing remark (306 chars)

    Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

21. 2019-05-17
    status Pending 306-char remark

    Show marketing remark (306 chars)

    Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

22. 2019-05-06
    listed $120,000 Active 306-char remark

    Show marketing remark (306 chars)

    Move in ready block home! This 3 bedroom one bath has been updated and sits on an oversized fenced yard! It also has a one car carport and a utility closet for washer and dryer. NEW AC UNIT is being installed! MOTIVATED SELLER send your offer! Room sizes are estimated and should be independently verified.

23. 2018-12-21
    soldstatus $84,900
24. 2018-12-19
    soldstatus $80,000
25. 2018-12-12
    soldstatus $80,000 Sold 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

26. 2018-11-26
    status Pending 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

27. 2018-11-14
    price $95,000 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

28. 2018-11-14
    status Active 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

29. 2018-11-05
    historical 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

30. 2018-10-30
    price $105,000 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

31. 2018-10-18
    listed $115,000 Active 505-char remark

    Show marketing remark (505 chars)

    BACK ON THE MARKET. Price reduced. This is a Ready to move in block home in Lake Lawne shores community. This house has been fully updated, brand new wood cabinets in kitchen and bathroom, new doors and window blinds, fresh paint inside and outside. This is a solid block home with tile floors throughout. Oversize yard fully fence in. One car carport and a long driveway for parking. Utility closet with washer and dryer hook ups. Easy access to major highways and close to Lake Lawne recreation Park.

32. 2011-10-12
    soldstatus $19,000
33. 2011-09-20
    listed $23,000
34. 2009-10-30
    soldstatus $13,300
35. 2009-07-30
    listed $13,100
36. 2007-01-25
    listed $130,000
37. 2001-08-17
    soldstatus $65,000

ⓘ 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: $2,999 · $250/mo
• Projected year-2 tax: $2,999 · $250/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,944
• − Mortgage interest: −$10,643
• − Property taxes: −$2,999
• − Insurance: −$950
• − Repairs & maintenance: −$1,595
• − Management: −$1,595
• − Depreciation: −$5,527
• Taxable loss: −$3,366
• Est. tax savings @ 24.0%: +$808
• After-tax cash flow: $658/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: 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

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 · 1,471,359 people
• City population: 964,969
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 60,203
• Household income: $49,700
• Rent vs Own: 58.0% rent · 42.0% own
• Severe rent burden: 4039.0

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: Predominantly Black (71%)
• Race & ethnicity: Black 71% Hispanic / Latino 13% White 10% Two or more races 7% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Dominican 2%
• Common ancestry: Hispanic 20% Lithuanian 1% Scandinavian 0%
• Foreign-born: 25% · Canada, Vietnam, Jamaica
• Languages at home: 69% English-only · French/Haitian/Cajun 18% Spanish 11% Other Indo-European 1%

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: —

Market trends

• HPI YoY: ▼ -110.15%
• Current HPI: 376.3801
• Rent YoY: ▼ -0.27%
• 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

+192.3% since first listed

23 events — show timeline

• 2026-03-17 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-15 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2019-08-02 Sold (Public Records) $112,000 Public Records
• 2019-07-19 Sold (MLS) $112,000 Stellar MLS as Distributed by MLS Grid
• 2019-07-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-06-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2019-05-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-05-06 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 2018-12-21 Sold (Public Records) $84,900 Public Records
• 2018-12-19 Sold (Public Records) $80,000 Public Records
• 2018-12-12 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2018-11-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-11-14 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2018-11-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-11-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-10-30 Price Changed $105,000 Stellar MLS as Distributed by MLS Grid
• 2018-10-18 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 2011-10-12 Sold (MLS) $19,000 Stellar MLS as Distributed by MLS Grid
• 2011-09-20 Listed $23,000 Stellar MLS as Distributed by MLS Grid
• 2009-10-30 Sold (MLS) $13,300 Stellar MLS as Distributed by MLS Grid
• 2009-07-30 Listed $13,100 Stellar MLS as Distributed by MLS Grid
• 2007-01-25 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 2001-08-17 Sold (Public Records) $65,000 Public Records

Property tax history

+16.1%/yr

Latest (2025): $2,999 · +8.2% YoY. Source: county tax records.