1831 Staunton Ave · Lakeland, FL 33803

$229,900

3 bd · 2.0 ba · 1,454 sqft · SingleFamily public records · 258 Days on market

Built 1958 0.25 ac 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 +14.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Livability +3.9/5.0
• Schools +3.5/10.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well-maintained Mid Century charmer in desirable zip code featuring fresh paint and new flooring throughout. Office could be converted back to a third bedroom. All the windows and architectural details keep the home light and bright while the wood beamed ceiling adds character. The open floorplan and tons of built-in storage provide a great deal of flexibility in personalization. The home is located on a large quarter-acre city lot dotted with majestic oak trees providing shade from the Florida sunshine. Enjoy the evening breezes from the screened in porch while chatting with the neighbors. The roof and AC were replaced five years ago and the gas water heater is only two years old. There is also a bonus Smithbuilt workshop with electricity and a window AC on the property perfect for a man cave. With no HOA, feel free to drive your RV or boat through the double gate for parking. Enjoy favorite nearby sites like Lake Hollingsworth and Common Ground Park. All that is needed is you!

Key facts

• Engineered drawings
• New exterior doors
• New interior doors

Tags

• MID-CENTURY MODERN HOME
• BRAND-NEW KITCHEN CABINETS
• BRAND-NEW BATHROOM CABINETS
• NEW INTERIOR DOORS
• NEW EXTERIOR DOORS
• ENGINEERED DRAWINGS

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence; Zoning: RA-3; Lot size approximately 0.25 acre (1/4 to less than 1/2 acre)
• Financial info: Homestead exemption: Yes; No CDD; No lease restrictions reported; Tax information not included per instructions
• HOA & community: No HOA or association; No community association indicated

Exterior

• Parking: No parking details provided
• Security: No security features listed
• Utilities: Public water; Public sewer; Utilities: Other
• Home design: Single-family residence; Residential property in fixer condition; One story; East-facing
• Construction: Block and wood siding construction; Shingle roof; Slab foundation; Building area reported as 1,830 square feet; Living area reported as 1,454 square feet; Property built details not provided
• Exterior features: Private mailbox; Chain-link fencing; Paved road access; Lot within city limits; Lot dimensions approximately 104 x 106

Interior

• Kitchen: No appliances listed
• Bedrooms: 2 bedrooms
• Flooring: Concrete floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No notable interior features listed
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $37 ($442/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 $186k (19.0% below list).
• Recommended offer: $186k (19.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 77/100 on livability (#206 in FL, #3,179 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, amenities F, commute 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 (-0.1%/yr); 223 active listings in the ZIP; 20 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).
• This rent runs 34% of the median local income ($66k/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 $2k of loan paydown is wiped out by about $7k 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 258 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y 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 $151k; list at $230k implies a 52% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,148 (19.0% below list)

Questions for the listing agent

1. It's been on market 258 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 6.49%
• Cash-on-cash: 0.69%
• DSCR: 1.03
• GRM: 10.3

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: -18.3%
• Equity multiple: 0.37×
• Total profit: $-40,431
• Equity at exit: $34,279

10-year hold

• IRR: -17.2%
• Equity multiple: 0.17×
• Total profit: $-53,542
• Equity at exit: $19,878

Cash invested: $64,372 (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 33803

• Home prices YoY: -26.4%
• Rents YoY: -0.1%
• Active inventory: 223
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,861 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$132 /mo · $1,588/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $37

Break-even live

Break-even rent $1,815

Max offer price $229,900

Occupancy floor 93%

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2025 Sylvester Rd Lakeland, FL	1.0–2.0	1.0–2.0	1099	$1,850	$1.68	23d	2	0.30mi
2025 Sylvester Rd Unit N109 Lakeland, FL	2.0	2.0	1099	$1,750	$1.59	3d	1	0.35mi
2020 E Edgewood Dr Lakeland, FL	2.0	1.5	1200	$1,395	$1.16	3d	1	0.40mi
1885 N Crystal Lake Dr Apt 7 Lakeland, FL	2.0	1.5	900	$1,395	$1.55	23d	1	0.47mi
2623 New Jersey Rd Lakeland, FL	4.0	3.0	1647	$2,101	$1.28	3d	1	0.56mi
1836 N Crystal Lake Dr Unit 3 Lakeland, FL	2.0	1.5	1158	$1,495	$1.29	14d	1	0.61mi
1509 Phyllis St Lakeland, FL	3.0	1.0	1064	$1,660	$1.56	14d	1	0.61mi
1836 N Crystal Lake Dr #5 Lakeland, FL	3.0	2.5	1482	$1,695	$1.14	23d	1	0.67mi
1836 N Crystal Lake Dr #112 Lakeland, FL	3.0	3.0	1482	$2,000	$1.35	23d	1	0.70mi
1233 Honeytree Ln E Lakeland, FL	3.0	2.0	1355	$2,250	$1.66	3d	1	0.74mi
1922 Crystal Grove Dr #1922 Lakeland, FL	2.0	2.0	1014	$1,547	$1.53	23d	1	0.85mi
1108 Bartow Rd Lakeland, FL	1.0–2.0	1.0	797	$1,395	$1.75	3d	2	0.88mi
2402 Kiwanis Ave Unit 1258725P Lakeland, FL	3.0	1.0	1194	$3,262	$2.73	14d	1	0.96mi
2524 Kiwanis Ave Lakeland, FL	3.0	1.5	1468	$1,670	$1.14	11d	1	1.09mi
2023 Tennyson St Unit 2025 Lakeland, FL	2.0	1.0	884	$1,095	$1.24	23d	1	1.14mi
821 Hollingsworth Rd Lakeland, FL	2.0	2.0	1238	$2,200	$1.78	19d	1	1.34mi
510 Longfellow Blvd Lakeland, FL	3.0	2.0	1315	$1,825	$1.39	3d	1	1.42mi
1048 Lexington St Lakeland, FL	2.0	2.0	1125	$3,100	$2.76	3d	1	1.43mi
3115 Buckingham Ave Lakeland, FL	3.0	1.0	1112	$1,850	$1.66	14d	1	1.45mi
3595 New Jersey Rd Lakeland, FL	2.0	2.0	1172	$1,589	$1.36	3d	5	1.47mi

Listing history 23 events

1. 2026-06-18
   days on market $229,900 Active 258 DOM
2. 2026-06-17
   days on market $229,900 Active 257 DOM
3. 2026-06-16
   days on market $229,900 Active 256 DOM
4. 2026-06-15
   days on market $229,900 Active 255 DOM
5. 2026-06-13
   days on market $229,900 Active 253 DOM
6. 2026-06-10
   days on market $229,900 Active 250 DOM
7. 2026-06-09
   days on market $229,900 Active 249 DOM
8. 2026-06-08
   days on market $229,900 Active 248 DOM
9. 2026-06-07
   days on market $229,900 Active 247 DOM
10. 2026-06-05
    days on market $229,900 Active 244 DOM
11. 2026-06-03
    days on market $229,900 Active 242 DOM
12. 2026-06-01
    days on market $229,900 Active 241 DOM
13. 2026-05-31
    days on market $229,900 Active 240 DOM
14. 2025-12-17
    status Active
15. 2025-05-24
    status Pending
16. 2025-05-12
    status Active
17. 2025-05-08
    status Pending
18. 2025-03-07
    listed $229,900 Active
19. 2017-08-08
    soldstatus $151,000
20. 2017-08-07
    soldstatus $151,000 Sold 1003-char remark

    Show marketing remark (1003 chars)

    Well-maintained Mid Century charmer in desirable zip code featuring fresh paint and new flooring throughout. Office could be converted back to a third bedroom. All the windows and architectural details keep the home light and bright while the wood beamed ceiling adds character. The open floorplan and tons of built-in storage provide a great deal of flexibility in personalization. The home is located on a large quarter-acre city lot dotted with majestic oak trees providing shade from the Florida sunshine. Enjoy the evening breezes from the screened in porch while chatting with the neighbors. The roof and AC were replaced five years ago and the gas water heater is only two years old. There is also a bonus Smithbuilt workshop with electricity and a window AC on the property perfect for a man cave. With no HOA, feel free to drive your RV or boat through the double gate for parking. Enjoy favorite nearby sites like Lake Hollingsworth and Common Ground Park. All that is needed is you!

21. 2017-07-11
    status Pending 1003-char remark

    Show marketing remark (1003 chars)

    Well-maintained Mid Century charmer in desirable zip code featuring fresh paint and new flooring throughout. Office could be converted back to a third bedroom. All the windows and architectural details keep the home light and bright while the wood beamed ceiling adds character. The open floorplan and tons of built-in storage provide a great deal of flexibility in personalization. The home is located on a large quarter-acre city lot dotted with majestic oak trees providing shade from the Florida sunshine. Enjoy the evening breezes from the screened in porch while chatting with the neighbors. The roof and AC were replaced five years ago and the gas water heater is only two years old. There is also a bonus Smithbuilt workshop with electricity and a window AC on the property perfect for a man cave. With no HOA, feel free to drive your RV or boat through the double gate for parking. Enjoy favorite nearby sites like Lake Hollingsworth and Common Ground Park. All that is needed is you!

22. 2017-07-09
    listed $146,000 Active 1003-char remark

    Show marketing remark (1003 chars)

    Well-maintained Mid Century charmer in desirable zip code featuring fresh paint and new flooring throughout. Office could be converted back to a third bedroom. All the windows and architectural details keep the home light and bright while the wood beamed ceiling adds character. The open floorplan and tons of built-in storage provide a great deal of flexibility in personalization. The home is located on a large quarter-acre city lot dotted with majestic oak trees providing shade from the Florida sunshine. Enjoy the evening breezes from the screened in porch while chatting with the neighbors. The roof and AC were replaced five years ago and the gas water heater is only two years old. There is also a bonus Smithbuilt workshop with electricity and a window AC on the property perfect for a man cave. With no HOA, feel free to drive your RV or boat through the double gate for parking. Enjoy favorite nearby sites like Lake Hollingsworth and Common Ground Park. All that is needed is you!

23. 1997-04-11
    soldstatus $62,000

ⓘ 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: $1,588 · $132/mo
• Projected year-2 tax: $1,908 · $159/mo
• Expected delta: +$320/yr (+$27/mo · 20.2%)

ⓘ 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 8/10 Severe 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: $22,338
• − Mortgage interest: −$12,878
• − Property taxes: −$1,588
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,787
• − Management: −$1,787
• − Depreciation: −$6,688
• Taxable loss: −$3,540
• Est. tax savings @ 24.0%: +$850
• After-tax cash flow: $1,291/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 — Lakeland

• Score: 77/100
• State rank: #206
• US rank: #3179

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lakeland, FL
• County: Polk County · 740,051 people
• City population: 277,690
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 29,321
• Household income: $65,807
• Rent vs Own: 36.5% rent · 63.5% own
• Severe rent burden: 1128.0

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: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 20% Two or more races 11% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 2% Dominican 1%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 11% · Canada, China, Jamaica
• Languages at home: 80% English-only · Spanish 17% Other Indo-European 1% Other Asian/Pacific 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: ▼ -110.05%
• Current HPI: 306.9789
• Rent YoY: ▼ -0.06%
• 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

+270.8% since first listed

10 events — show timeline

• 2025-12-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-05-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-05-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-07 Listed $229,900 Stellar MLS as Distributed by MLS Grid
• 2017-08-08 Sold (Public Records) $151,000 Public Records
• 2017-08-07 Sold (MLS) $151,000 Stellar MLS as Distributed by MLS Grid
• 2017-07-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-07-09 Listed $146,000 Stellar MLS as Distributed by MLS Grid
• 1997-04-11 Sold (Public Records) $62,000 Public Records

Property tax history

+7.5%/yr

Latest (2025): $1,588 · +3.7% YoY. Source: county tax records.