208 Corvina Dr · Four Corners, FL 33897

$349,990

5 bd · 3.0 ba · 2,673 sqft · SingleFamily public records · 9 Days on market

Built 2004 7,344 sqft lot Est $503k · 30% under $58/mo HOA · 2% of rent

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Why this score? — see what drove the C 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 +17.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.5/10.0
• Appreciation +4.7/10.0
• 1% rule +4.0/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0

Listing remarks

Under contract-accepting backup offers. Welcome to 208 Corvina Drive, a beautiful 5-bedroom, 3.5-bathroom home nestled in the charming community of Tuscan Hills, located in the heart of Davenport. This spacious home situated on a desirable corner lot offers the perfect blend of comfort, style, and convenience, making it an ideal choice for families and investors alike. This open-concept home boasts a bright and airy living room, perfect for family gatherings and entertaining guests. You will love preparing meals in the kitchen which features stainless steel appliances and ample cabinet space, making meal prep a breeze. The large breakfast bar provides additional seating, and the adjacent di

Key facts

• Master suite
• Large breakfast bar
• Walk-in closet

Tags

• CORNER LOT
• PRIVATE OUTDOOR SPACE
• LARGE BREAKFAST BAR
• MASTER SUITE
• WALK-IN CLOSET
• EN-SUITE BATH

Property features AI

Finance

• Other: Third-party listing; Directions available
• Financial info: No lease restrictions; Total annual fees listed as $700; total monthly fees listed as $58.33
• HOA & community: HOA required; Association: Garrison Property Services; Association: Tuscan Ridge Master / PMI Property Management; Monthly HOA approximately $35.42; Annual association fees of $425 and $275; Community amenities include clubhouse, fitness center, and tennis courts; Pets allowed

Exterior

• Parking: Attached garage; 2-car garage
• Utilities: No water source listed; Public sewer; Other utilities
• Home design: Single family residence; Residential property; Two levels; Facing south; Homesteaded
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on lot of about 0.17 acres
• Exterior features: Other exterior features; Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 5 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 3 full baths; 1 half bath
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; High ceilings
• Laundry & utility: Washer; Dryer; Laundry features: Other

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $268 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $314k (10.2% below list).
• Recommended offer: $314k (10.2% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 3.2% in Four Corners — 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 (#453 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-; Watch: schools F, amenities F, health & safety F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.7%/yr); 646 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• At $3,144/mo this rent would consume 53% of the median local household income ($71k/yr) (locally 926% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $288 of equity ($2k loan paydown + $-2k appreciation (-0.6% local appreciation)).
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $314,424 (10.2% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-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. 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.
5. 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.
6. 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: 0.90% ✗
• Cap rate: 7.21%
• Cash-on-cash: 3.28%
• DSCR: 1.15
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $502,524
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1424 Moon Valley Dr	0.48mi	5/4.5	2,842 (+6%)	4mo	$510,000	$179	58
1414 Wexford Way	0.56mi	5/4.5	2,842 (+6%)	1mo	$442,000	$156	56
9163 Wedge Dr	0.36mi	5/4.5	2,842 (+6%)	12mo	$550,000	$194	56
1401 Moon Valley Dr	0.59mi	5/4.5	2,842 (+6%)	1mo	$485,000	$171	55
9151 Wedge Dr	0.42mi	5/4.5	2,842 (+6%)	12mo	$470,000	$165	54
1494 Moon Valley Dr	0.56mi	5/4.5	2,842 (+6%)	7mo	$462,500	$163	52
1431 Thunderbird Rd	0.59mi	5/4.5	2,842 (+6%)	12mo	$540,000	$190	46
8956 Dove Valley Way	0.59mi	4/3.0 (-1)	2,381 (-11%)	7mo	$589,000	$247	44
1343 Palmetto Dunes St	0.67mi	4/3.0 (-1)	2,381 (-11%)	2mo	$505,000	$212	44
1302 Moss Creek Ln	0.71mi	4/3.0 (-1)	2,381 (-11%)	11mo	$465,000	$195	35
1473 Moon Valley Dr	0.48mi	6/6.0 (+1)	3,063 (+15%)	10mo	$575,000	$188	28
1423 Thunderbird Rd	0.56mi	6/6.0 (+1)	3,063 (+15%)	9mo	$485,000	$158	25

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

Projected returns pro-forma

-0.61% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -2.9%
• Equity multiple: 0.87×
• Total profit: $-12,372
• Equity at exit: $91,096

10-year hold

• IRR: 1.1%
• Equity multiple: 1.11×
• Total profit: $10,302
• Equity at exit: $101,417

Cash invested: $97,997 (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 33897

• Home prices YoY: -0.3%
• Rents YoY: -2.7%
• Active inventory: 646
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $3,144 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$177 /mo · $2,123/yr
• Insurance: −$146
• HOA: −$58
• Vacancy / Maint / Mgmt: −$660
• Net cashflow: $268

Break-even live

Break-even rent $2,805

Max offer price $349,990

Occupancy floor 86%

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: $87,498
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
752 Sonja Cir Davenport, FL	4.0	3.0	1878	$2,395	$1.28	23d	1	0.19mi
548 Old Bridge Cir Davenport, FL	4.0	3.0	1944	$2,600	$1.34	21d	1	0.22mi
1483 Rolling Fairway Dr Davenport, FL	6.0	6.0	3348	$4,000	$1.19	23d	1	0.33mi
333 Milford St Davenport, FL	4.0	2.0	1855	$2,319	$1.25	14d	1	0.34mi
458 Moscato Dr Davenport, FL	4.0	3.0	2161	$2,750	$1.27	10d	1	0.35mi
9161 Scramble Dr Unit 1038637P Championsgate, FL	6.0	6.0	3336	$4,680	$1.40	2d	1	0.36mi
633 Ogelthorpe Dr Davenport, FL	4.0	2.5	2550	$2,500	$0.98	3d	1	0.39mi
1476 Moon Valley Dr Unit 1018174P Davenport, FL	5.0	4.5	2841	$2,985	$1.05	7d	1	0.50mi
1427 Wexford Way Unit 1031315P Championsgate, FL	6.0	6.0	3336	$4,686	$1.40	7d	1	0.64mi
400 Montara Dr Davenport, FL	4.0	3.0	1903	$2,900	$1.52	19d	1	0.74mi
177 Bella Verano Way Davenport, FL	5.0	3.5	2768	$2,900	$1.05	23d	1	0.76mi
1573 Moon Valley Dr Davenport, FL	4.0	3.0	1902	$3,300	$1.74	23d	1	0.85mi
1184 Kingsbarn St Davenport, FL	4.0	3.0	1902	$2,950	$1.55	23d	1	0.89mi
337 Orista Dr Unit 1263250P Davenport, FL	4.0	3.0	1829	$2,258	$1.23	3d	1	0.90mi
1164 Kingsbarn St Davenport, FL	4.0	3.0	1914	$2,750	$1.44	23d	1	0.92mi
1264 Challenge Dr Unit 1379445P Kissimmee, FL	5.0	4.0	2163	$3,421	$1.58	7d	1	0.93mi
1248 Challenge Dr Unit 1359580P Kissimmee, FL	4.0	3.0	1905	$3,536	$1.86	7d	1	0.94mi
1236 Challenge Dr Davenport, FL	5.0	4.0	2167	$2,900	$1.34	20d	1	0.95mi
360 Tupelo Cir Davenport, FL	6.0	4.5	2835	$3,600	$1.27	23d	1	0.95mi
3079 Bella Vista Dr Davenport, FL	4.0	3.0	2627	$2,550	$0.97	3d	1	0.95mi
3079 Bella Vista Dr Davenport, FL	4.0	2.5	2627	$2,550	$0.97	23d	1	0.95mi
5030 Vellacito Way Unit 5030 Davenport, FL	5.0	3.0	2396	$2,495	$1.04	14d	1	1.02mi
1588 Flange Dr Unit 1018169P Championsgate, FL	6.0	5.0	3282	$3,556	$1.08	14d	1	1.02mi
1565 Flange Dr Davenport, FL	6.0	5.0	3291	$3,600	$1.09	17d	1	1.03mi
1585 Flange Dr Davenport, FL	5.0	5.0	3081	$3,500	$1.14	4d	1	1.04mi
1589 Flange Dr Davenport, FL	6.0	5.0	3291	$3,700	$1.12	23d	1	1.05mi
3152 Bella Vista Dr Davenport, FL	4.0	2.5	2167	$2,400	$1.11	23d	1	1.05mi
5007 Vellacito Way Davenport, FL	4.0	3.0	2106	$2,261	$1.07	3d	1	1.05mi
8988 Stinger Dr Unit 1346941P Davenport, FL	4.0	3.0	2109	$2,850	$1.35	7d	1	1.07mi
8969 Stinger Dr Unit 1502695P Championsgate, FL	4.0	3.0	1894	$3,172	$1.67	7d	1	1.10mi
1551 Sandbagger Dr Unit 1346942P Davenport, FL	5.0	4.0	2174	$3,405	$1.57	4d	1	1.11mi
1563 Sandbagger Dr Unit 1467669P Davenport, FL	5.0	4.0	2066	$6,444	$3.12	7d	1	1.12mi
1575 Sandbagger Dr Unit 1304295P Davenport, FL	5.0	4.0	2066	$3,432	$1.66	7d	1	1.13mi
1520 Maidstone Ct Unit 1263242P Championsgate, FL	6.0	6.0	3056	$3,043	$1.00	2d	1	1.16mi
8935 Stinger Dr Unit 1263244P Davenport, FL	4.0	3.0	1905	$2,916	$1.53	7d	1	1.17mi
3248 Bella Vista Dr Davenport, FL	4.0	2.5	2180	$2,550	$1.17	23d	1	1.17mi
969 Leader St Unit 1018221P Kissimmee, FL	6.0	5.0	3282	$4,579	$1.40	14d	1	1.19mi
5557 Tranquila Ln Davenport, FL	4.0	2.0	1845	$2,400	$1.30	14d	1	1.27mi
4828 Vellacito Way Davenport, FL	5.0	3.0	2351	$2,600	$1.11	14d	1	1.30mi
4828 Vellacito Way Davenport, FL	5.0	3.0	2287	$2,600	$1.14	3d	1	1.30mi

HOA detail

• Monthly dues: $58 · $696/yr

Listing history 2 events

1. 2026-05-14
   status Pending
2. 2026-05-05
   listed $349,990 Active

ⓘ 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: $2,123 · $177/mo
• Projected year-2 tax: $2,905 · $242/mo
• Expected delta: +$782/yr (+$65/mo · 36.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,731
• − Mortgage interest: −$19,605
• − Property taxes: −$2,123
• − Insurance: −$1,750
• − Repairs & maintenance: −$3,018
• − Management: −$3,018
• − HOA: −$696
• − Depreciation: −$10,182
• Taxable loss: −$2,662
• Est. tax savings @ 24.0%: +$639
• After-tax cash flow: $3,852/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: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Four Corners

• Score: 69/100
• State rank: #453
• US rank: #8218

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 27,422
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 30,159
• Household income: $70,982
• Rent vs Own: 26.8% rent · 73.2% own
• Severe rent burden: 926.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 45% Hispanic / Latino 43% Two or more races 12% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 21% Cuban 2% Dominican 2%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 1%
• Foreign-born: 16% · Canada, Jamaica, China
• Languages at home: 61% English-only · Spanish 34% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.61%
• Current HPI: 236.2905
• Rent YoY: ▼ -2.69%
• Metro: Lakeland-Winter Haven, 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

2 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-05 Listed $349,990 Stellar MLS as Distributed by MLS Grid

Property tax history

+4.9%/yr

Latest (2025): $2,123 · +8.7% YoY. Source: county tax records.