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132 Sofia Ln
D- Composite 35.22
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).

  • ARV discount +12.2/15.0
  • Cash flow +6.6/30.0
  • Condition / age +4.0/5.0
  • Livability +3.6/5.0
  • Schools +3.2/10.0
  • Rent growth +2.5/5.0
  • 1% rule +2.4/10.0
  • DSCR +0.8/10.0
  • Appreciation +0.0/10.0

$285,000

132 Sofia Ln · Lake Alfred, FL 33850
3 bd · 2.0 ba · 1,690 sqft · SingleFamily public records · 200 Days on market
Built 2022 Good condition 5,750 sqft lot 2-car garage $169/sqft · 10% below area Est $318k · 10% under $11/mo HOA · 1% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

One or more photo(s) has been virtually staged. Under Construction. Come home to Eden Hills with this quaint, charming community, nestled between Orlando and Tampa, approximately 30 minutes to Disney and just minutes drive to I-4 making commuting and traveling a breeze. Residents will enjoy the abundance of local parks, lakes and recreation, perfect for the whole family! Our standard features include stainless steel appliances, Home Is Connected smart home technology, all concrete block construction and beautiful standard features! Amenities: Cabana, Pool, Tot Lot, Play Field, Stainless Steel Appliances, Ceramic Tile Flooring, Smart Home Technology, All Concrete Block Construction * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries.

Key facts

  • Open layout
  • Resort-style pool
  • Two playgrounds

Tags

FULLY FENCED YARDOPEN LAYOUTOWNER-UPGRADED VINYL FLOORINGRESORT-STYLE POOLWALKING TRAILSTWO PLAYGROUNDS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $285k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-474 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $201k (29.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (25.7% below list).
  • Recommended offer: $201k (29.4% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 72/100 on livability (#363 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing 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.
  • Zoned schools: Lake Alfred Elementary School (math 43% / reading 41%, grade F, #1,403 of 2,144 statewide, top 67%, 821 students, 49% FRL); Jere L. Stambaugh Middle (math 23% / reading 26%, grade F, #522 of 571 statewide, top 93%, 1,127 students, 65% FRL); Auburndale Senior High School (math 25% / reading 31%, grade F, #464 of 667 statewide, top 70%, 1,716 students, 53% FRL) — zoned schools at 56% FRL track the district average.
  • Market conditions: 417 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 39d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% of comp listings sitting > 30 days — soft ceiling on asking rent; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($62k/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 $9k 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 200 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 5y 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.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major 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 $201,192 (29.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 200 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.74% ✗
Cap rate
4.30%
Cash-on-cash
-7.13%
DSCR
0.68
GRM
11.2

CMA / ARV

ARV (median comp)
$317,914
List price
$285,000
Delta
-10.35%
Verdict
UNDERPRICED
Comps
2 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2307 Selenia St 0.23mi 3/2.0 1,477 (-13%) 0mo $299,990 $203 68
947 Griffon Ave 0.21mi 4/3.0 (+1) 2,070 (+22%) 3mo $335,838 $162 54
3728 Bergamot St 1.10mi 4/2.5 (+1) 1,811 (+7%) 3mo $370,900 $205 44
198 Stargrass Dr 1.19mi 3/2.0 1,992 (+18%) 0mo $513,000 $258 40
3704 Bergamot St 1.07mi 3/2.0 1,459 (-14%) 3mo $336,900 $231 40
3380 Chinotto Dr 1.15mi 4/2.0 (+1) 2,096 (+24%) 2mo $422,000 $201 34
3344 Chinotto Dr 1.07mi 4/2.0 (+1) 2,096 (+24%) 2mo $410,900 $196 33

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

Projected returns pro-forma

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

5-year hold
IRR
-28.6%
Equity multiple
0.04×
Total profit
$-76,257
Equity at exit
$42,494
10-year hold
IRR
-27.9%
Equity multiple
-0.31×
Total profit
$-104,739
Equity at exit
$24,642

Cash invested: $79,800 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
26 active · 7 under contract
Months of supply
78.0 mo (1%/mo absorbed)
Median asking
$307,495 ($187/sqft)
Median days on market
125 d
This list price
19% of active listings are priced below it
ARV vs active asking
+0.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33850

Home prices YoY
-8.5%
Active inventory
417
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,117 high interval (Pro) →
Mortgage (P&I)
−$1,495
Tax from tax record
−$523 /mo · $6,270/yr
Insurance
−$119
HOA
−$11
Vacancy / Maint / Mgmt
−$445
Net cashflow
$-474

Break-even live

Break-even rent $2,718
Max offer price $201,192
Occupancy floor —

Sensitivity live

Price -10% $-313 -5% $-394 +0% $-474 +5% $-555 +10% $-636
Rent -10% $-642 -5% $-558 +0% $-474 +5% $-391 +10% $-307
Rate -1.0pp $-331 -0.5pp $-402 base $-474 +0.5pp $-548 +1.0pp $-623

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
$71,250
Closing costs
$8,550
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 23 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
308 Sofia Ln Lake Alfred, FL 3.0 2.0 1690 $2,000 $1.18 55d 1 0.04mi
289 Sofia Ln Lake Alfred, FL 4.0 2.0 1828 $1,950 $1.07 10d 1 0.05mi
309 Sofia Ln Lake Alfred, FL 3.0 2.0 1690 $1,900 $1.12 55d 1 0.07mi
313 Sofia Ln Lake Alfred, FL 4.0 2.0 1828 $2,150 $1.18 164d 1 0.08mi
177 Sofia Ln Lake Alfred, FL 3.0 2.0 1498 $1,800 $1.20 118d 1 0.09mi
859 Griffon Ave Lake Alfred, FL 3.0 2.0 1690 $2,000 $1.18 10d 1 0.16mi
859 Griffon Ave Lake Alfred, FL 3.0 2.0 1690 $2,000 $1.18 16d 1 0.16mi
367 Sofia Ln Lake Alfred, FL 4.0 3.0 2066 $2,270 $1.10 108d 1 0.19mi
708 Griffon Ave Lake Alfred, FL 4.0 2.0 1910 $2,250 $1.18 118d 1 0.23mi
1880 Basenji Dr Lake Alfred, FL 3.0 2.0 1673 $2,200 $1.32 125d 1 0.25mi
992 Griffon Ave Lake Alfred, FL 4.0 2.0 1910 $2,250 $1.18 55d 1 0.34mi
1051 Griffon Ave Lake Alfred, FL 4.0 2.0 1830 $2,300 $1.26 55d 1 0.47mi
1055 Griffon Ave Lake Alfred, FL 3.0 2.0 1669 $2,300 $1.38 10d 1 0.48mi
3311 Chinotto Dr Lake Alfred, FL 2.0–5.0 2.0–2.5 1804 $2,307 $1.28 10d 1 1.02mi
444 Creek Rd Lake Alfred, FL 3.0 2.0 1680 $1,760 $1.05 38d 1 1.05mi
3910 Bigarade Ln Lake Alfred, FL 4.0 2.0 1850 $2,600 $1.41 6d 1 1.16mi
3845 Corsican Pl Lake Alfred, FL 4.0 2.5 1874 $2,400 $1.28 7d 1 1.18mi
3857 Corsican Pl Lake Alfred, FL 3.0 2.0 1445 $2,000 $1.38 52d 1 1.20mi
3857 Corsican Pl Lake Alfred, FL 3.0 2.0 1429 $2,095 $1.47 38d 1 1.20mi
3873 Corsican Pl Lake Alfred, FL 3.0 2.0 1878 $2,125 $1.13 38d 1 1.22mi
3480 Chinotto Dr Lake Alfred, FL 3.0 2.0 1487 $2,000 $1.34 2d 1 1.29mi
3504 Chinotto Dr Lake Alfred, FL 3.0 2.0 1487 $2,000 $1.34 2d 1 1.30mi
857 Lake Swoope Dr Unit 2 Lake Alfred, FL 2.0 1.0 1440 $950 $0.66 110d 1 1.45mi

Property features AI

Finance

Other
CDD on propertyHomestead exemptLow-flow water-conserving fixtures
HOA & community
HOA managed by Prime ManagementHOA fee $143 annually (about $11.92/month)Community poolDeed restrictionsPlaygroundSidewalks and street lightsPets allowed (cats and dogs)

Exterior

Parking
Attached 2-car garage (20 x 20)DrivewayGarage door opener
Security
Security system
Utilities
Public waterPublic sewerCable connectedBB/HS internet availableElectricity connectedFire hydrant nearbyUnderground utilitiesSprinkler meter
Home design
Single family residenceOne storyProperty faces northResidential property
Construction
Block and concrete constructionShingle roofSlab foundationBuilt with durable materials
Exterior features
Covered patio/porch with rear porchPatioPorchSliding doorsSidewalkIrrigation / sprinkler meterFl. friendly / native landscapingAsphalt road access

Interior

Kitchen
DishwasherDisposalMicrowaveRangeRefrigeratorElectric water heater
Bedrooms
3 bedrooms
Flooring
CarpetVinyl
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingCentral air
Interior features
Ceiling fansEat-in kitchenLiving room / dining room comboOpen floorplanSolid wood cabinetsSplit bedroom planThermostatWalk-in closets
Laundry & utility
Dedicated laundry room

HOA detail $11/mo · $132/yr

Likely covers
pool

Listing history 50 events

  1. 2026-11-08
    days on market $285,000 Active 200 DOM
  2. 2026-11-07
    days on market $285,000 Active 199 DOM
  3. 2026-11-06
    days on market $285,000 Active 198 DOM
  4. 2026-11-05
    days on market $285,000 Active 197 DOM
  5. 2026-11-04
    days on market $285,000 Active 196 DOM
  6. 2026-11-02
    days on market $285,000 Active 194 DOM
  7. 2026-11-01
    days on market $285,000 Active 193 DOM
  8. 2026-10-31
    days on market $285,000 Active 192 DOM
  9. 2026-10-30
    days on market $285,000 Active 191 DOM
  10. 2026-10-29
    days on market $285,000 Active 190 DOM
  11. 2026-10-28
    days on market $285,000 Active 189 DOM
  12. 2026-10-27
    days on market $285,000 Active 188 DOM
  13. 2026-10-26
    days on market $285,000 Active 187 DOM
  14. 2026-10-25
    days on market $285,000 Active 186 DOM
  15. 2026-10-24
    days on market $285,000 Active 185 DOM
  16. 2026-10-23
    days on market $285,000 Active 184 DOM
  17. 2026-10-22
    days on market $285,000 Active 183 DOM
  18. 2026-10-21
    days on market $285,000 Active 182 DOM
  19. 2026-10-20
    days on market $285,000 Active 181 DOM
  20. 2026-10-19
    days on market $285,000 Active 180 DOM
  21. 2026-10-18
    days on market $285,000 Active 179 DOM
  22. 2026-10-17
    days on market $285,000 Active 178 DOM
  23. 2026-10-16
    days on market $285,000 Active 177 DOM
  24. 2026-10-15
    days on market $285,000 Active 176 DOM
  25. 2026-10-14
    days on market $285,000 Active 175 DOM
  26. 2026-10-13
    days on market $285,000 Active 174 DOM
  27. 2026-10-12
    days on market $285,000 Active 173 DOM
  28. 2026-10-11
    days on market $285,000 Active 172 DOM
  29. 2026-10-10
    days on market $285,000 Active 171 DOM
  30. 2026-10-09
    days on market $285,000 Active 170 DOM
  31. 2026-10-08
    days on market $285,000 Active 169 DOM
  32. 2026-10-07
    days on market $285,000 Active 168 DOM
  33. 2026-10-06
    days on market $285,000 Active 167 DOM
  34. 2026-10-05
    days on market $285,000 Active 166 DOM
  35. 2026-10-05
    days on market $285,000 Active 165 DOM
  36. 2026-10-03
    days on market $285,000 Active 164 DOM
  37. 2026-10-02
    days on market $285,000 Active 163 DOM
  38. 2026-10-01
    days on market $285,000 Active 162 DOM
  39. 2026-09-30
    days on market $285,000 Active 161 DOM
  40. 2026-09-29
    days on market $285,000 Active 160 DOM
  41. 2026-09-28
    days on market $285,000 Active 159 DOM
  42. 2026-09-27
    days on market $285,000 Active 158 DOM
  43. 2026-09-25
    days on market $285,000 Active 156 DOM
  44. 2026-09-24
    days on market $285,000 Active 155 DOM
  45. 2026-09-23
    days on market $285,000 Active 154 DOM
  46. 2026-09-22
    days on market $285,000 Active 153 DOM
  47. 2026-09-20
    days on market $285,000 Active 151 DOM
  48. 2026-09-19
    days on market $285,000 Active 150 DOM
  49. 2026-09-18
    days on market $285,000 Active 149 DOM
  50. 2026-09-17
    days on market $285,000 Active 148 DOM

ⓘ 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
$6,270 · $523/mo
Projected year-2 tax
$6,270 · $523/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 6/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,404
− Mortgage interest
−$15,964
− Property taxes
−$6,270
− Insurance
−$1,425
− Repairs & maintenance
−$2,032
− Management
−$2,032
− HOA
−$132
− Depreciation
−$8,291
Taxable loss
−$10,743
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,578
After-tax cash flow
$-3,115/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $8,450–$25,350 screening

This home is in good condition with minor cosmetic updates needed, particularly in the kitchen. It is move-in ready and offers a good value in Eden Hills.

Repairs flagged

  • Minor Kitchen Countertops — Worn appearance
  • Minor Kitchen Appliances — Some items on counters

Value-add opportunities

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
  • Both Replace worn kitchen countertops — New countertops improve functionality and appearance ↑
  • Both Clean and organize kitchen appliances — A clean and organized kitchen enhances the home's appeal ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 32/100

Zoned Schools

Elementary Lake Alfred Elementary School F FL #1,403/2,144 Nat'l #17,861/41,679 Middle Jere L. Stambaugh Middle F FL #522/571 Nat'l #10,474/14,009 High Auburndale Senior High School F FL #464/667 Nat'l #11,740/17,239

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
B Composite livability gradescore 72/100

Livability — Lake Alfred

Score
72/100
State rank
#363
US rank
#6406

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lake Alfred, FL
County
Polk County · 752,975 people
City population
9,757
Metro
Lakeland-Winter Haven, FL
Population (ZIP)
9,757
Household income
$61,622
Rent vs Own
27.2% rent · 72.8% own
Severe rent burden
28% of renters

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 0.63)
Race & ethnicity
White 54% Hispanic / Latino 24% Black 11% Asian 9% Two or more races 8%
Hispanic origin (detail)
Mexican 3% Puerto Rican 15% Dominican 2%
Languages at home
72% English-only · Spanish 21% Other Asian/Pacific 2% Other Indo-European 2%

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
—

Price history

+0.0% since first listed
6 events — show timeline
  • 2026-05-15 Price Changed $290,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-23 Listed $295,000 Stellar MLS as Distributed by MLS Grid
  • 2022-02-24 Sold (MLS) $291,990 Stellar MLS as Distributed by MLS Grid
  • 2021-11-23 Pending — Stellar MLS as Distributed by MLS Grid
  • 2021-11-19 Price Changed $291,990 Stellar MLS as Distributed by MLS Grid
  • 2021-11-08 Listed $289,990 Stellar MLS as Distributed by MLS Grid

Property tax history

+29.5%/yr

Latest (2025): $6,270 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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