9000 US Highway 192 #517 · Four Corners, FL 34714

$109,990

1 bd · 1.0 ba · 748 sqft · Condo public records · 46 Days on market

Built 1995 $256/mo HOA · 18% 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 +17.1/30.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Appreciation +4.8/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0

Listing remarks MLS

Pretty 1/1 mobile home on one-level with views of the club house, golf course and lake is situated within easy walking distance of clubhouse and community amenities. This desirable home has no immediate rear neighbors providing ample space for outside entertainment. The bonus room has a closet so could be made into a second bedroom with external access, if required. All this and lots of in-park entertainment including 9 hole golf, mini golf, tennis, shuffleboard, swimming pool, etc. as well as being less than 15 minutes away from the world famous theme parks. Enjoy the Florida lifestyle.

Key facts

• 9 hole golf course
• External access
• 1,265 sq ft lot

Tags

• NO IMMEDIATE REAR NEIGHBORS
• BONUS ROOM WITH CLOSET
• EXTERNAL ACCESS
• 9 HOLE GOLF COURSE
• MULTIPLE SWIMMING POOLS
• CLOSE TO MAJOR HIGHWAYS

Property features AI

Finance

• Other: Furnished; Association approval required
• Financial info: Total annual fees reported $3,072; Lease restrictions apply
• HOA & community: SABRINA STONE association with required approval; Monthly HOA approximately $256 (quarterly fee $768); Association fees cover 24-hour guard, cable TV, common area taxes, pool, escrow reserves, grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Community amenities include clubhouse, pool, pickleball, tennis, shuffleboard, playground, dog park, golf, street lights, community mailbox, gated entry, and recreation facilities; Buyer approval required; senior community; pets allowed; golf carts OK; deed restrictions and special community restrictions

Exterior

• Parking: Driveway; 2-space carport
• Security: Gated community; Smoke detector(s)
• Utilities: Private water; Private sewer; Cable connected; BB/HS internet available; Electricity connected; Phone available; Water connected; Sewer connected
• Home design: Manufactured single wide home; One level; Northwest facing; Completed condition
• Construction: Vinyl siding over frame construction; Shingle roof; Slab foundation; Built in 1 story (single level)
• Exterior features: Patio; Balcony; Rain gutters; Near golf course; Paved and private lot; In county

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Kitchen/family room combo; Thermostat; Window treatments (blinds)
• Laundry & utility: Washer; Dryer; Laundry closet; Electric water heater; Inside utility/bonus room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $110k.

Deal economics

• At list price, monthly cash flow is $76 ($907/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.1% 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 falling (-3.5%/yr); 716 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).

Forward outlook

• In year one you build about $397 of equity ($760 loan paydown + $-363 appreciation (-0.3% local appreciation)).
• 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 46 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y 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 $58k; list at $110k implies a 90% 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; 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 $106,690 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.26% ✓
• Cap rate: 7.12%
• Cash-on-cash: 2.94%
• DSCR: 1.13
• GRM: 6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.33% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -2.9%
• Equity multiple: 0.87×
• Total profit: $-3,986
• Equity at exit: $30,135

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $291
• Equity at exit: $34,814

Cash invested: $30,797 (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 34714

• Home prices YoY: -0.1%
• Rents YoY: -3.5%
• Active inventory: 716
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,387 high
• Mortgage (P&I): −$577
• Tax from tax record: −$142 /mo · $1,702/yr
• Insurance: −$46
• HOA: −$256
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $76

Break-even live

Break-even rent $1,292

Max offer price $109,990

Occupancy floor 90%

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: $27,498
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9000 US Highway 192 #115 Clermont, FL	1.0	1.0	364	$950	$2.61	10d	1	0.17mi
9000 US Highway 192 #929 Clermont, FL	1.0	1.0	674	$1,350	$2.00	23d	1	0.19mi
1000 Ketner St Davenport, FL	1.0–3.0	1.0–2.0	1057	$1,469	$1.39	3d	22	0.42mi
130 Town Center Blvd Clermont, FL	1.0–3.0	1.0–2.0	904	$1,550	$1.71	2d	19	0.66mi
145 Town Center Blvd Clermont, FL	1.0–3.0	1.0–3.0	1029	$1,410	$1.37	2d	22	0.67mi
8929 Legacy Ct #107 Kissimmee, FL	1.0	1.0	636	$1,400	$2.20	23d	1	0.74mi
8929 Legacy Ct Unit 8929 Kissimmee, FL	1.0	1.0	750	$1,616	$2.15	23d	1	0.74mi
17825 Avalon Grove Loop Winter Garden, FL	1.0–3.0	1.0–2.0	972	$1,499	$1.54	2d	120	0.81mi
8913 Legacy Ct #111 Kissimmee, FL	1.0	1.0	747	$1,500	$2.01	23d	1	0.82mi
130 Orlando Breeze Cir Davenport, FL	1.0–3.0	1.0–2.0	1022	$1,688	$1.65	14d	21	0.84mi
50989 Highway 27 #33 Davenport, FL	2.0	1.0	408	$1,800	$4.41	19d	1	0.96mi
8807 Dunes Ct Unit 5-305 Kissimmee, FL	1.0	1.0	712	$1,300	$1.83	10d	1	1.01mi
8807 Dunes Ct #207 Kissimmee, FL	1.0	1.0	747	$1,400	$1.87	23d	1	1.01mi
8822 Dunes Ct #205 Kissimmee, FL	1.0	1.0	636	$1,600	$2.52	7d	1	1.03mi
223 Washington Palm Loop Unit B Davenport, FL	1.0	1.0	745	$1,000	$1.34	23d	1	1.08mi
14520 Avalon Rd Winter Garden, FL	1.0–2.0	1.0–2.0	891	$1,699	$1.91	2d	80	1.09mi
613 Coconut Palm Way Unit 613 Davenport, FL	1.0	1.0	600	$1,000	$1.67	3d	1	1.10mi
621 Washington Palm Loop Unit Lockout Davenport, FL	1.0	1.0	600	$1,000	$1.67	23d	1	1.12mi
308 Australian Way Davenport, FL	1.0	1.0	600	$1,100	$1.83	3d	1	1.14mi
308 Australian Way Unit B Davenport, FL	1.0	1.0	650	$1,100	$1.69	14d	1	1.14mi
1325 Washington Palm Loop Davenport, FL	1.0	1.0	600	$1,000	$1.67	3d	1	1.16mi
217 Australian Way Unit B Davenport, FL	1.0	1.0	600	$1,100	$1.83	3d	1	1.18mi
1232 Washington Palm Loop Unit 1bed/1bath Davenport, FL	1.0	1.0	450	$925	$2.06	23d	1	1.19mi
2306 Fan Palm Dr Unit B Davenport, FL	1.0	1.0	600	$900	$1.50	23d	1	1.21mi

HOA detail condo

• Monthly dues: $256 · $3,072/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $109,990 Active 46 DOM
2. 2026-06-17
   days on market $109,990 Active 45 DOM
3. 2026-06-16
   days on market $109,990 Active 44 DOM
4. 2026-06-15
   days on market $109,990 Active 43 DOM
5. 2026-06-13
   days on market $109,990 Active 41 DOM
6. 2026-06-10
   days on market $109,990 Active 38 DOM
7. 2026-06-09
   days on market $109,990 Active 37 DOM
8. 2026-06-08
   days on market $109,990 Active 36 DOM
9. 2026-06-07
   days on market $109,990 Active 35 DOM
10. 2026-06-05
    days on market $109,990 Active 32 DOM
11. 2026-06-03
    days on market $109,990 Active 31 DOM
12. 2026-06-03
    days on market $109,990 Active 30 DOM
13. 2026-06-01
    days on market $109,990 Active 29 DOM
14. 2026-05-31
    days on market $109,990 Active 28 DOM
15. 2026-05-03
    listed $109,990 Active
16. 2013-02-15
    soldstatus $58,000 594-char remark

    Show marketing remark (594 chars)

    Pretty 1/1 mobile home on one-level with views of the club house, golf course and lake is situated within easy walking distance of clubhouse and community amenities. This desirable home has no immediate rear neighbors providing ample space for outside entertainment. The bonus room has a closet so could be made into a second bedroom with external access, if required. All this and lots of in-park entertainment including 9 hole golf, mini golf, tennis, shuffleboard, swimming pool, etc. as well as being less than 15 minutes away from the world famous theme parks. Enjoy the Florida lifestyle.

17. 2012-11-28
    listed $64,900 594-char remark

    Show marketing remark (594 chars)

    Pretty 1/1 mobile home on one-level with views of the club house, golf course and lake is situated within easy walking distance of clubhouse and community amenities. This desirable home has no immediate rear neighbors providing ample space for outside entertainment. The bonus room has a closet so could be made into a second bedroom with external access, if required. All this and lots of in-park entertainment including 9 hole golf, mini golf, tennis, shuffleboard, swimming pool, etc. as well as being less than 15 minutes away from the world famous theme parks. Enjoy the Florida lifestyle.

18. 1994-08-03
    soldstatus $27,500
19. 1989-04-01
    soldstatus $23,000

ⓘ 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: $1,702 · $142/mo
• Projected year-2 tax: $1,702 · $142/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 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: $16,648
• − Mortgage interest: −$6,161
• − Property taxes: −$1,702
• − Insurance: −$550
• − Repairs & maintenance: −$1,332
• − Management: −$1,332
• − HOA: −$3,072
• − Depreciation: −$3,200
• Taxable loss: −$700
• Est. tax savings @ 24.0%: +$168
• After-tax cash flow: $1,075/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

• Census place: Four Corners, FL
• County: Lake County · 364,602 people
• City population: 27,422
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 28,200
• Household income: $75,392
• Rent vs Own: 49.3% rent · 50.7% own
• Severe rent burden: 953.0

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 0.59)
• Race & ethnicity: White 56% Hispanic / Latino 30% Two or more races 25% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 17% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 3% Italian 2%
• Foreign-born: 13% · Canada, Jamaica
• Languages at home: 76% English-only · Spanish 19% 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: ▼ -0.33%
• Current HPI: 256.1331
• Rent YoY: ▼ -3.46%
• 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

+378.2% since first listed

5 events — show timeline

• 2026-05-03 Listed $109,990 Stellar MLS as Distributed by MLS Grid
• 2013-02-15 Sold (MLS) $58,000 Stellar MLS as Distributed by MLS Grid
• 2012-11-28 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 1994-08-03 Sold (Public Records) $27,500 Public Records
• 1989-04-01 Sold (Public Records) $23,000 Public Records

Property tax history

+15.2%/yr

Latest (2025): $1,702 · +12.8% YoY. Source: county tax records.