5690 Craft Ct · Wildwood, FL 32162

$315,900

2 bd · 2.0 ba · 1,314 sqft · SingleFamily public records · 6 Days on market

Built 2018 3,696 sqft lot Est $319k · at est. $199/mo HOA · 7% of rent

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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 +11.6/30.0
• ARV discount +8.0/15.0
• Schools +5.2/10.0
• 1% rule +4.1/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• DSCR +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Settled in the new construction area near the Village of Fenney, this Patio Villa has a fantastic view of water to enjoy your mornings or evenings watching nature to the rear of the home. Its open floorplan is light and bright with volume ceilings and white cabinetry in the kitchen with stainless steel appliances and quartz countertops. Throughout the main areas of the home is hard surface vinyl plank flooring and carpet in the bedrooms. The home has been very well cared for and is like new with some of the builder warranty is still in place. VA financing is an option if needed. So what are you waiting for. .. schedule your private showing today!!!

Key facts

• Ev charger
• Epoxy floors
• Soaring ceilings

Tags

• OVERSIZED GARAGE
• EPOXY FLOORS
• ELECTRIC SCREEN
• EV CHARGER
• BRIGHT OPEN-CONCEPT FLOOR PLAN
• SOARING CEILINGS

Property features AI

Finance

• Other: CDD present; Deed restrictions apply
• Financial info: Total monthly fees approximately $199; Total annual association fees approximately $2,388
• HOA & community: The Villages community association (monthly fee $199); HOA fee includes sewer, trash and water; Association amenities: golf course, pool, tennis courts, pickleball courts, shuffleboard, basketball court, trails, dog park; Senior community; Pets allowed (cats and dogs, number limit)

Exterior

• Parking: Attached 1-car garage (17 x 19); Driveway parking; Off-street parking; Garage door opener; Electric vehicle charging station(s); Ground level access
• Security: Wheelchair access available (community amenity)
• Utilities: Public water; Public sewer; Electricity connected; Natural gas available and connected; Cable available and connected; Underground utilities; Water connected; Sewer connected
• Home design: Residential villa; One story; Completed condition; Faces east; PUD
• Construction: Vinyl siding and frame construction; Shingle roof; Slab foundation; Built as part of a completed development
• Exterior features: Covered, enclosed, screened rear porch; Sliding doors; Rain gutters; Shade shutters; Sidewalk; Landscaped yard with mature trees; Florida-friendly/native landscaping; Pond frontage and pond view (20 feet); Community pool (in-ground)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stone and solid surface counters; Solid wood cabinets; Exhaust fan
• Bedrooms: 2 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heat; Central air
• Interior features: Ceiling fans; High ceilings; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Solid surface counters; Solid wood cabinets; Stone counters; Thermostat; Walk-in closet(s); Window treatments; Skylight(s)
• Laundry & utility: Inside laundry room with washer and dryer hookups; Gas dryer hookup; Tankless water heater; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $316k.

Deal economics

• At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $298k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $286k (9.3% below list).
• Recommended offer: $286k (9.3% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.9% in Wildwood — 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 69/100 on livability (#471 in FL) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, crime A-; Watch: amenities F, commute F, employment D-.
• Sumter (rural): math 61% / reading 61% proficiency, ranked #11 of 73 in FL (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Wildwood Elementary School (math 49% / reading 52%, grade D+, #1,055 of 2,144 statewide, top 50%, 940 students, 76% FRL); South Sumter Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 897 students, 61% FRL) — zoned schools average 68% FRL vs 51% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.9%/yr); 551 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 3,961 units permitted in Sumter County in 2024 (248 in 5+ unit buildings).
• At $2,865/mo this rent would consume 46% of the median local household income ($74k/yr) (locally 987% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Sumter County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y 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 $235k; 34% 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; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $286,471 (9.3% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 0.91% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.37%
• DSCR: 0.94
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $319,302
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5690 Craft Ct	0.00mi	2/2.0	1,314 (0%)	0mo	$310,000	$236	100
5705 Craft Ct	0.03mi	3/2.0 (+1)	1,426 (+8%)	0mo	$280,000	$196	79
2443 Dooley St	0.19mi	2/2.0	1,146 (-13%)	2mo	$320,000	$279	68
2306 Sheehan St	0.41mi	2/2.0	1,227 (-7%)	5mo	$272,000	$222	65
5859 Tupelo Ter	0.42mi	3/2.0 (+1)	1,409 (+7%)	1mo	$342,000	$243	62
2466 Soper St	0.42mi	2/2.0	1,148 (-13%)	1mo	$273,000	$238	58
5829 Tupelo Ter	0.39mi	3/2.0 (+1)	1,409 (+7%)	11mo	$355,000	$252	56
2434 Soper St	0.44mi	2/2.0	1,192 (-9%)	15mo	$304,000	$255	52
2378 Hill St	0.71mi	2/2.0	1,159 (-12%)	6mo	$299,000	$258	42
5694 Moon Flower Pl	0.74mi	2/2.0	1,148 (-13%)	3mo	$295,000	$257	42
2142 Weber Ct	0.69mi	2/2.0	1,148 (-13%)	7mo	$255,000	$222	41
2061 Biller Cir	0.61mi	3/2.0 (+1)	1,459 (+11%)	10mo	$322,000	$221	40

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 · 3.92% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.38×
• Total profit: $-54,798
• Equity at exit: $47,102

10-year hold

• IRR: -7.6%
• Equity multiple: 0.50×
• Total profit: $-44,192
• Equity at exit: $27,313

Cash invested: $88,452 (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 32162

• Home prices YoY: -6.9%
• Rents YoY: 3.9%
• Active inventory: 551
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,865 medium
• Mortgage (P&I): −$1,657
• Tax from tax record: −$377 /mo · $4,524/yr
• Insurance: −$132
• HOA: −$199
• Vacancy / Maint / Mgmt: −$602
• Net cashflow: $-101

Break-even live

Break-even rent $2,993

Max offer price $298,041

Occupancy floor 99%

Sensitivity live

Price	-10% $78	-5% $-12	+0% $-101	+5% $-191	+10% $-280
Rent	-10% $-327	-5% $-214	+0% $-101	+5% $12	+10% $125
Rate	-1.0pp $58	-0.5pp $-21	base $-101	+0.5pp $-183	+1.0pp $-266

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: $78,975
• Closing costs: $9,477
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2408 Woods Way The Villages, FL	3.0	2.0	1419	$2,900	$2.04	23d	1	0.31mi
5828 Tupelo Ter Unit Posted to Internet Wildwood, FL	2.0	2.0	1147	$4,500	$3.92	23d	1	0.37mi

HOA detail

• Monthly dues: $199 · $2,388/yr
• Likely covers: water

Listing history 5 events

1. 2026-05-22
   listed $315,900 Active
2. 2020-06-12
   soldstatus $235,000
3. 2020-06-04
   soldstatus $235,000 Sold 656-char remark

   Show marketing remark (656 chars)

   Settled in the new construction area near the Village of Fenney, this Patio Villa has a fantastic view of water to enjoy your mornings or evenings watching nature to the rear of the home. Its open floorplan is light and bright with volume ceilings and white cabinetry in the kitchen with stainless steel appliances and quartz countertops. Throughout the main areas of the home is hard surface vinyl plank flooring and carpet in the bedrooms. The home has been very well cared for and is like new with some of the builder warranty is still in place. VA financing is an option if needed. So what are you waiting for. .. schedule your private showing today!!!

4. 2020-05-11
   status Pending 656-char remark

   Show marketing remark (656 chars)

   Settled in the new construction area near the Village of Fenney, this Patio Villa has a fantastic view of water to enjoy your mornings or evenings watching nature to the rear of the home. Its open floorplan is light and bright with volume ceilings and white cabinetry in the kitchen with stainless steel appliances and quartz countertops. Throughout the main areas of the home is hard surface vinyl plank flooring and carpet in the bedrooms. The home has been very well cared for and is like new with some of the builder warranty is still in place. VA financing is an option if needed. So what are you waiting for. .. schedule your private showing today!!!

5. 2020-03-01
   listed $241,900 Active 656-char remark

   Show marketing remark (656 chars)

   Settled in the new construction area near the Village of Fenney, this Patio Villa has a fantastic view of water to enjoy your mornings or evenings watching nature to the rear of the home. Its open floorplan is light and bright with volume ceilings and white cabinetry in the kitchen with stainless steel appliances and quartz countertops. Throughout the main areas of the home is hard surface vinyl plank flooring and carpet in the bedrooms. The home has been very well cared for and is like new with some of the builder warranty is still in place. VA financing is an option if needed. So what are you waiting for. .. schedule your private showing today!!!

ⓘ 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: $4,524 · $377/mo
• Projected year-2 tax: $4,524 · $377/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,377
• − Mortgage interest: −$17,695
• − Property taxes: −$4,524
• − Insurance: −$1,580
• − Repairs & maintenance: −$2,750
• − Management: −$2,750
• − HOA: −$2,388
• − Depreciation: −$9,190
• Taxable loss: −$6,500
• Est. tax savings @ 24.0%: +$1,560
• After-tax cash flow: $347/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: Sumter
• NCES district ID: 1201800
• Math proficiency: 61% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $48,240
• Composite: 51.74/100
• National rank: #1682
• State rank: #11 of 73 in FL

Livability — Wildwood

• Score: 69/100
• State rank: #471
• US rank: #8500

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wildwood, FL
• County: Sumter County · 110,591 people
• City population: 21,568
• Metro: The Villages, FL
• Population (ZIP): 55,424
• Household income: $74,119
• Rent vs Own: 7.1% rent · 92.9% own
• Severe rent burden: 987.0

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 161,172 people
• By 2030: 180,083 · +11.7%
• By 2040: 209,892 · +30.2%
• By 2050: 234,186 · +45.3%
• By 2075: 284,602 · +76.6%
• By 2100: 317,039 · +96.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 2% Asian 1% Black 1%
• Common ancestry: Romanian 7% Slovak 4% Lithuanian 4%
• Foreign-born: 5% · Canada
• Languages at home: 96% English-only · Spanish 1% Tagalog/Filipino 1%

Political lean MEDSL · Sumter

• 2024 margin: Solid R (+37.6) · D 30.9% · R 68.6%
• 2008→2024 swing: -10.6pp toward R · 2008: -27.0pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+36.1 2016: R+39.2 2012: R+34.9 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.16%
• Current HPI: 218.1956
• Rent YoY: ▲ 3.92%
• Metro: The Villages, 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

+30.6% since first listed

5 events — show timeline

• 2026-05-22 Listed $315,900 Stellar MLS as Distributed by MLS Grid
• 2020-06-12 Sold (Public Records) $235,000 Public Records
• 2020-06-04 Sold (MLS) $235,000 Stellar MLS as Distributed by MLS Grid
• 2020-05-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-03-01 Listed $241,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+16.5%/yr

Latest (2025): $4,524 · +1.0% YoY. Source: county tax records.