6734 Kensington Dr NE · Winter Haven, FL 33881

$124,900

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 139 Days on market

Built 1980 4,182 sqft lot $45/mo HOA · 3% 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 +25.1/30.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

Key facts

• Extra storage
• Florida room
• En suite bath

Tags

• FULLY EQUIPPED KITCHEN
• FLORIDA ROOM
• EN SUITE BATH
• WALK IN CLOSET
• EXTRA STORAGE
• COMPLETELY FURNISHED

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $277 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 74/100 on livability (#291 in FL, #4,898 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools C-, employment C-, 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 (+2.1%/yr); 491 active listings in the ZIP; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 31% of the median local income ($57k/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 $864 of loan paydown is wiped out by about $4k 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 139 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask is 4% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

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

Recommended offer $109,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 139 days. Have you received any prior offers? Is the seller open to a 12% 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. 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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
8. 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.
9. 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.
10. 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: 1.18% ✓
• Cap rate: 8.95%
• Cash-on-cash: 9.49%
• DSCR: 1.42
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.1% rent growth · sell at horizon

5-year hold

• IRR: -3.0%
• Equity multiple: 0.89×
• Total profit: $-3,912
• Equity at exit: $18,623

10-year hold

• IRR: 5.7%
• Equity multiple: 1.40×
• Total profit: $14,089
• Equity at exit: $10,799

Cash invested: $34,972 (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 33881

• Home prices YoY: -24.3%
• Rents YoY: 2.1%
• Active inventory: 491
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,478 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$139 /mo · $1,673/yr
• Insurance: −$52
• HOA: −$45
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $277

Break-even live

Break-even rent $1,128

Max offer price $124,900

Occupancy floor 76%

Sensitivity live

Price	-10% $347	-5% $312	+0% $277	+5% $241	+10% $206
Rent	-10% $160	-5% $218	+0% $277	+5% $335	+10% $393
Rate	-1.0pp $339	-0.5pp $308	base $277	+0.5pp $244	+1.0pp $211

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $45 · $540/yr

Listing history 12 events

1. 2026-04-02
   status Pending
2. 2026-03-06
   price $124,900
3. 2025-11-14
   listed $120,000 Active
4. 2025-08-12
   soldstatus $115,000
5. 2025-07-31
   soldstatus $115,000 Closed 1085-char remark

   Show marketing remark (1085 chars)

   Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

6. 2025-06-24
   status Pending 1085-char remark

   Show marketing remark (1085 chars)

   Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

7. 2025-03-24
   price $120,000 1085-char remark

   Show marketing remark (1085 chars)

   Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

8. 2025-03-14
   status Active 1085-char remark

   Show marketing remark (1085 chars)

   Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

9. 2025-03-10
   status Pending 1085-char remark

   Show marketing remark (1085 chars)

   Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

10. 2025-01-10
    status Active 1085-char remark

    Show marketing remark (1085 chars)

    Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

11. 2024-06-03
    listed $130,000 Active 1085-char remark

    Show marketing remark (1085 chars)

    Welcome Home! Discover this delightful 2-bedroom, 2-bathroom home with a 1-car carport and utility room, located in the picturesque 55 and older Lake-N-Golf community on the beautiful shores of Lake Henry. This charming home will win your heart immediately with its well-cared-for interiors and exteriors. The adorable kitchen is fully equipped to meet all your culinary needs. Featuring a spacious open floor plan and a lovely Florida room, this home is perfect for entertaining or simply relaxing at the end of the day. The large primary bedroom boasts an en suite bathroom and a walk-in closet. A comfortable guest bedroom and bathroom complete the living space. Beyond the carport, the utility room provides ample storage for all your household items. Home is sold completely furnished! Conveniently situated close to retail stores, medical offices, restaurants, and just minutes from the interstate, Disney parks, and international airports, this home offers the perfect blend of comfort and accessibility. This gem will not last long. Call today to schedule your private showing!

12. 1994-12-09
    soldstatus $40,000

ⓘ 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: $1,673 · $139/mo
• Projected year-2 tax: $1,673 · $139/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 ≥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: $17,742
• − Mortgage interest: −$6,996
• − Property taxes: −$1,673
• − Insurance: −$624
• − Repairs & maintenance: −$1,419
• − Management: −$1,419
• − HOA: −$540
• − Depreciation: −$3,633
• Taxable income: $1,436
• Est. tax owed @ 24.0%: −$345
• After-tax cash flow: $2,974/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 — Winter Haven

• Score: 74/100
• State rank: #291
• US rank: #4898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Winter Haven, FL
• County: Polk County · 740,051 people
• City population: 121,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 40,808
• Household income: $57,024
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1270.0

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 0.68)
• Race & ethnicity: White 44% Black 27% Hispanic / Latino 25% Two or more races 15%
• Hispanic origin (detail): Mexican 4% Puerto Rican 12% Cuban 1%
• Common ancestry: Hispanic 5% Slovak 1% Italian 1%
• Foreign-born: 15% · Canada, Jamaica
• Languages at home: 73% English-only · Spanish 20% French/Haitian/Cajun 6%

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: ▼ -88.95%
• Current HPI: 277.0597
• Rent YoY: ▲ 2.10%
• 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

+212.2% since first listed

12 events — show timeline

• 2026-04-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $124,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-14 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-12 Sold (Public Records) $115,000 Public Records
• 2025-07-31 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-24 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-01-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-06-03 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 1994-12-09 Sold (Public Records) $40,000 Public Records

Property tax history

+6.2%/yr

Latest (2025): $1,673 · +7.3% YoY. Source: county tax records.