4831 Rollinglen Loop W · Kathleen, FL 33810

$259,900

3 bd · 2.0 ba · 1,848 sqft · Manufactured public records · 75 Days on market

Built 1987 0.39 ac lot

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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 +22.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• 1% rule +5.6/10.0
• Schools +3.5/10.0
• Rent growth +3.2/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity for an investor or handyman. This home offers 3 bedrooms, 2 bathrooms, a back deck for entertaining, a HUGE 28X24 detached garage/workshop, and a metal roof over the home. AC is newer (2023-2024), the drain field was replaced in 2024, new electrical panel 2024, and bathroom showers 2022.

Key facts

• Front screened room
• New ductwork
• New skirting

Tags

• UPDATED KITCHEN
• NEW ROOF
• NEW SKIRTING
• NEW DUCTWORK
• NEW AC SYSTEM
• FRONT SCREENED ROOM

Property features AI

Finance

• Financial info: No lease restrictions
• HOA & community: No association

Exterior

• Parking: 2-car garage
• Utilities: Public water; Septic tank; Electricity connected
• Home design: Residential manufactured double wide; One level; North facing
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $260k.

Deal economics

• At list price, monthly cash flow is $456 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $260k).
• Recommended offer: $244k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#752 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, schools F, amenities 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 rising (+2.8%/yr); 504 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• At $2,752/mo this rent would consume 47% of the median local household income ($70k/yr) (locally 1208% 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 $8k of value loss. Plan a longer hold.
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $140k; list at $260k implies a 86% gain — meaningful room to come down on a strong offer.

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 $244,306 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% 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 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?
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: 1.06% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.52%
• DSCR: 1.33
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.78% rent growth · sell at horizon

5-year hold

• IRR: -5.0%
• Equity multiple: 0.81×
• Total profit: $-13,670
• Equity at exit: $38,752

10-year hold

• IRR: 4.4%
• Equity multiple: 1.32×
• Total profit: $23,005
• Equity at exit: $22,471

Cash invested: $72,772 (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 33810

• Rents YoY: 2.8%
• Active inventory: 504
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,752 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$246 /mo · $2,957/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$578
• Net cashflow: $456

Break-even live

Break-even rent $2,174

Max offer price $259,900

Occupancy floor 78%

Sensitivity live

Price	-10% $603	-5% $530	+0% $456	+5% $383	+10% $309
Rent	-10% $239	-5% $348	+0% $456	+5% $565	+10% $674
Rate	-1.0pp $587	-0.5pp $522	base $456	+0.5pp $389	+1.0pp $320

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: $64,975
• Closing costs: $7,797
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5537 Creek Haven Way Lakeland, FL	3.0	2.0	2106	$2,150	$1.02	19d	1	0.80mi
3987 Sunset Lake Dr Lakeland, FL	4.0	3.0	2223	$4,500	$2.02	15d	1	1.22mi

Listing history 10 events

1. 2026-05-19
   status Pending
2. 2026-05-01
   price $259,900
3. 2026-04-15
   price $262,900
4. 2026-04-03
   price $264,900
5. 2026-03-11
   price $267,900
6. 2026-03-05
   listed $269,900 Active
7. 2025-11-04
   soldstatus $140,000
8. 2025-10-31
   soldstatus $140,000 Closed 306-char remark

   Show marketing remark (306 chars)

   Great opportunity for an investor or handyman. This home offers 3 bedrooms, 2 bathrooms, a back deck for entertaining, a HUGE 28X24 detached garage/workshop, and a metal roof over the home. AC is newer (2023-2024), the drain field was replaced in 2024, new electrical panel 2024, and bathroom showers 2022.

9. 2025-09-13
   status Pending 306-char remark

   Show marketing remark (306 chars)

   Great opportunity for an investor or handyman. This home offers 3 bedrooms, 2 bathrooms, a back deck for entertaining, a HUGE 28X24 detached garage/workshop, and a metal roof over the home. AC is newer (2023-2024), the drain field was replaced in 2024, new electrical panel 2024, and bathroom showers 2022.

10. 2025-09-10
    listed $149,900 Active 306-char remark

    Show marketing remark (306 chars)

    Great opportunity for an investor or handyman. This home offers 3 bedrooms, 2 bathrooms, a back deck for entertaining, a HUGE 28X24 detached garage/workshop, and a metal roof over the home. AC is newer (2023-2024), the drain field was replaced in 2024, new electrical panel 2024, and bathroom showers 2022.

ⓘ 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: $2,957 · $246/mo
• Projected year-2 tax: $2,957 · $246/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 25 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,021
• − Mortgage interest: −$14,558
• − Property taxes: −$2,957
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,642
• − Management: −$2,642
• − Depreciation: −$7,561
• Taxable income: $1,362
• Est. tax owed @ 24.0%: −$327
• After-tax cash flow: $5,148/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 — Kathleen

• Score: 62/100
• State rank: #752
• US rank: #16450

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 52,734
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 55,137
• Household income: $69,986
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 1208.0

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 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 23% Black 12% Two or more races 10% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 9% Cuban 5%
• Common ancestry: Italian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 79% English-only · Spanish 17% French/Haitian/Cajun 1% Tagalog/Filipino 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: ▼ -194.94%
• Current HPI: 320.7366
• Rent YoY: ▲ 2.78%
• 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

+73.4% since first listed

10 events — show timeline

• 2026-05-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Price Changed $259,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Price Changed $262,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Price Changed $264,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-11 Price Changed $267,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-05 Listed $269,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Sold (Public Records) $140,000 Public Records
• 2025-10-31 Sold (MLS) $140,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-10 Listed $149,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+16.8%/yr

Latest (2025): $2,957 · +182.0% YoY. Source: county tax records.