310 E Magnolia St · Kissimmee, FL 34744

$250,000

5 bd · 3.5 ba · 1,312 sqft · SingleFamily public records · 76 Days on market

Built 1940 10,019 sqft lot Est $297k · 16% under

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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 +23.2/30.0
• ARV discount +14.6/15.0
• DSCR +7.4/10.0
• 1% rule +5.9/10.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

Key facts

• Proximity to schools
• Extended driveway
• Fully fenced lot

Tags

• FULLY FENCED LOT
• EXTENDED DRIVEWAY
• PROXIMITY TO SCHOOLS
• MINUTES FROM LAKE TOHOPEKALIGA

Property features AI

Finance

• Other: Property type: Residential, single family; Zoning: KRA2; Living area reported as 1,312 sq ft (building area 1,444 sq ft); Property is unfurnished; No waterfront or water access
• HOA & community: No association indicated; No association approval required

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single Family Residence; One-story; Faces north
• Construction: Shingle roof; Other construction materials; Concrete perimeter foundation; Built on one level
• Exterior features: Other exterior features; Paved road access; Lot dimensions approximately 66 x 150; Lot size approximately 0.23 acres

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Electric heating; Central air; Wall/window unit(s)
• Interior features: Other interior features
• Laundry & utility: Interior laundry (inside)

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $451 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $235k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 3.5% in Kissimmee — 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 77/100 on livability (#181 in FL, #2,841 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime D-, employment D-.
• Osceola (suburban): math 39% / reading 45% proficiency, ranked #60 of 73 in FL (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.5%/yr); 554 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).
• This rent runs 44% of the median local income ($75k/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 $8k of value loss. Plan a longer hold.
• Osceola County population projected at +73% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 13y 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 $215k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $235,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.09% ✓
• Cap rate: 8.46%
• Cash-on-cash: 7.73%
• DSCR: 1.34
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $296,512
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1906 Damon Ave	0.56mi	4/2.0 (-1)	1,224 (-7%)	0mo	$190,000	$155	52
1209 Marygon St	0.63mi	4/3.0 (-1)	1,438 (+10%)	4mo	$324,900	$226	44
2161 RJ Cir	0.70mi	4/2.0 (-1)	1,444 (+10%)	5mo	$302,000	$209	35
1711 Smith St	0.42mi	4/3.0 (-1)	1,500 (+14%)	20mo	$375,000	$250	33
1231 Delaware Ave	0.71mi	4/1.5 (-1)	1,170 (-11%)	17mo	$306,000	$262	22

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.72×
• Total profit: $-19,743
• Equity at exit: $37,276

10-year hold

• IRR: -2.7%
• Equity multiple: 0.84×
• Total profit: $-10,921
• Equity at exit: $21,615

Cash invested: $70,000 (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 34744

• Rents YoY: -2.5%
• Active inventory: 554
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,719 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$282 /mo · $3,382/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$571
• Net cashflow: $451

Break-even live

Break-even rent $2,148

Max offer price $250,000

Occupancy floor 78%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2151 Ranch Side Rd Kissimmee, FL	3.0–5.0	2.0–3.0	2136	$3,052	$1.43	4d	6	0.57mi
2139 Penny Ln Kissimmee, FL	4.0	2.5	1548	$1,900	$1.23	14d	1	1.33mi
2141 Penny Ln Kissimmee, FL	4.0	2.5	1548	$1,900	$1.23	23d	1	1.33mi
2147 Penny Ln Kissimmee, FL	4.0	2.5	1548	$1,900	$1.23	23d	1	1.33mi

Listing history 26 events

1. 2026-06-07
   statusdays on market $250,000 Pending 76 DOM
2. 2026-06-04
   days on market $250,000 Active 75 DOM
3. 2026-06-03
   days on market $250,000 Active 74 DOM
4. 2026-06-02
   days on market $250,000 Active 73 DOM
5. 2026-06-02
   days on market $250,000 Active 72 DOM
6. 2026-05-31
   days on market $250,000 Active 71 DOM
7. 2026-05-04
   status Active
8. 2026-04-20
   status Pending
9. 2026-04-16
   status Active
10. 2026-04-08
    status Pending
11. 2026-03-25
    status Active
12. 2026-03-23
    status Pending
13. 2026-02-28
    status Active
14. 2026-02-10
    status Pending
15. 2026-02-05
    listed $250,000 Active
16. 2021-11-16
    soldstatus $215,000
17. 2021-11-11
    soldstatus $215,000 Closed 542-char remark

    Show marketing remark (542 chars)

    Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

18. 2021-10-08
    status Pending 542-char remark

    Show marketing remark (542 chars)

    Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

19. 2021-10-01
    status Active 542-char remark

    Show marketing remark (542 chars)

    Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

20. 2021-09-19
    price $209,900 542-char remark

    Show marketing remark (542 chars)

    Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

21. 2021-06-28
    listed $229,900 Active 542-char remark

    Show marketing remark (542 chars)

    Investors, here is your chance to enhance your rental portfolio. Here is an amazing investment opportunity to come into a cash flowing solid rental property. We are in a prime location blocks from the heart of Downtown Kissimmee! There are plenty of restaurants , jobs, and all sorts opportunities. This property is set up with built in equity, with an already great income, from long term tenants. The Home has a detatched garage that is being utilized as extra income, making this property a very solid rental at $1,700/mo. in total income.

22. 2014-01-13
    soldstatus $38,500 673-char remark

    Show marketing remark (673 chars)

    ATTENTION INVESTORS OR THOSE LOOKING TO USE THEIR HANDY SKILLS ! ! ! GREAT FIXER-UPPER NEAR DOWNTOWN KISSIMMEE. ENTRY HAS ENCLOSED PATIO LEADING TO THE LIVING AREA WITH WOOD FLOORING. KITCHEN LEADS TO LAUNDRY ROOM AREA AND EXTRA STORAGE AREA. GARAGE IN THE REAR YARD. Information in this MLS listing is intended to be accurate but cannot be guaranteed and buyer is advised to verify. No Disclosures available. Buyer/Buyers Agent is responsible for verifying HOA Fees and Dues (if applicable), Community Rules, Taxes, etc. Room sizes are not exact, buyer to independently measure for exact room dimensions and square footage. VERY GOOD-SIZED LOT AND LOTS OF POTENTIAL ! ! !

23. 2013-12-11
    listed $34,900 673-char remark

    Show marketing remark (673 chars)

    ATTENTION INVESTORS OR THOSE LOOKING TO USE THEIR HANDY SKILLS ! ! ! GREAT FIXER-UPPER NEAR DOWNTOWN KISSIMMEE. ENTRY HAS ENCLOSED PATIO LEADING TO THE LIVING AREA WITH WOOD FLOORING. KITCHEN LEADS TO LAUNDRY ROOM AREA AND EXTRA STORAGE AREA. GARAGE IN THE REAR YARD. Information in this MLS listing is intended to be accurate but cannot be guaranteed and buyer is advised to verify. No Disclosures available. Buyer/Buyers Agent is responsible for verifying HOA Fees and Dues (if applicable), Community Rules, Taxes, etc. Room sizes are not exact, buyer to independently measure for exact room dimensions and square footage. VERY GOOD-SIZED LOT AND LOTS OF POTENTIAL ! ! !

24. 1996-04-09
    soldstatus $49,900
25. 1990-12-29
    soldstatus $38,500
26. 1980-12-01
    soldstatus $30,800

ⓘ 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: $3,382 · $282/mo
• Projected year-2 tax: $3,382 · $282/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 2/10 Low
• 🌡 Heat 8/10 Severe 5 d/yr ≥108°F today · 16 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: $32,625
• − Mortgage interest: −$14,004
• − Property taxes: −$3,382
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,610
• − Management: −$2,610
• − Depreciation: −$7,273
• Taxable income: $1,497
• Est. tax owed @ 24.0%: −$359
• After-tax cash flow: $5,051/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: Osceola
• NCES district ID: 1201470
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $45,528
• Composite: 35.7/100
• National rank: #4865
• State rank: #60 of 73 in FL

Livability — Kissimmee

• Score: 77/100
• State rank: #181
• US rank: #2841

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kissimmee, FL
• County: Osceola County · 410,217 people
• City population: 196,187
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 66,582
• Household income: $74,537
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 2462.0

Population outlook (Osceola County) Hauer SSP2

• Today (2025): 447,624 people
• By 2030: 511,823 · +14.3%
• By 2040: 642,986 · +43.6%
• By 2050: 774,552 · +73.0%
• By 2075: 1,078,144 · +140.9%
• By 2100: 1,269,660 · +183.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 23% White 21% Black 8% Asian 4% Native American 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 32% Cuban 4% Dominican 8%
• Common ancestry: Romanian 2% Lithuanian 1% Hispanic 1%
• Foreign-born: 27% · Canada, Jamaica, Dominican Republic
• Languages at home: 40% English-only · Spanish 53% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Osceola

• 2024 margin: Toss-up / Even · D 48.7% · R 50.2% · Other 1.1%
• 2008→2024 swing: -21.2pp toward R · 2008: 19.7pp · 2024: -1.4pp
• All cycles: 2024: R+1.4 2020: D+13.8 2016: D+25.0 2012: D+24.5 2008: D+19.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -231.17%
• Current HPI: 277.404
• Rent YoY: ▼ -2.54%
• 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

+711.7% since first listed

20 events — show timeline

• 2026-05-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-16 Sold (Public Records) $215,000 Public Records
• 2021-11-11 Sold (MLS) $215,000 Stellar MLS as Distributed by MLS Grid
• 2021-10-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-09-19 Price Changed $209,900 Stellar MLS as Distributed by MLS Grid
• 2021-06-28 Listed $229,900 Stellar MLS as Distributed by MLS Grid
• 2014-01-13 Sold (MLS) $38,500 Stellar MLS as Distributed by MLS Grid
• 2013-12-11 Listed $34,900 Stellar MLS as Distributed by MLS Grid
• 1996-04-09 Sold (Public Records) $49,900 Public Records
• 1990-12-29 Sold (Public Records) $38,500 Public Records
• 1980-12-01 Sold (Public Records) $30,800 Public Records

Property tax history

+10.0%/yr

Latest (2025): $3,382 · +7.5% YoY. Source: county tax records.