2519 Independence Ln · St. Cloud, FL 34772

$164,999

3 bd · 2.0 ba · 1,104 sqft · Manufactured public records · 69 Days on market

Built 1983 5,894 sqft lot Est $191k · 14% under $120/mo HOA · 6% of rent

---

Why this score? — see what drove the B- 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 +26.4/30.0
• ARV discount +13.6/15.0
• DSCR +9.0/10.0
• 1% rule +8.0/10.0
• Schools +3.6/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wait to see this Charming two bedrooms and two bathrooms in Active Adult Gated Community - Teka Village! Welcome to this lovely double-wide mobile home located in the desirable Teka Village, a gated 55+ community in St. Cloud, Florida, where the sunshine and warm weather make for a perfect retirement setting! This spacious 2-bedrooms, 2-bathrooms home offers comfortable living with an inviting lanai, ideal for dining outside or enjoying extra living space. Inside, you'll find a well-appointed kitchen with ample cabinet space, along with a cozy living room and dining area. The owner's suite offers a dual-sink vanity, a relaxing shower, and a separate tub, creating a personal retreat. The home also includes a full carport, providing convenience and protection for your vehicle. The vibrant Teka Village community offers a variety of amenities, including a clubhouse, recreation center, and a refreshing pool for residents to enjoy.

Key facts

• 5,894 sq ft lot
• Parking
• Community pool

Property features AI

Finance

• Other: Property type: Residential — Manufactured Home; Lot size about 0.13 acre (0 to less than 1/4 acre); Road is public and maintained (asphalt/paved)
• Financial info: Monthly HOA $120 (Total monthly fees listed as $120; total annual fees $1,440); Lease restrictions apply
• HOA & community: Has HOA (monthly fee $120) — fee includes pool; Association amenities: clubhouse, fitness center, pool; Association approval required; Senior community; Pets allowed

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Public sewer; Cable available; Public utilities
• Home design: Manufactured home (double wide); One level; North-facing entry
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Completed condition; Built as double wide
• Exterior features: Enclosed patio/porch; Side porch; Paved lot; Mature landscaping with trees

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Eat-in kitchen; 7 rooms total
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $429 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $155k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.0% in St. Cloud — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Zoned schools: Neptune Elementary School (math 42% / reading 44%, grade F, #1,366 of 2,144 statewide, top 64%, 993 students, 46% FRL); St. Cloud High School (math 32% / reading 50%, grade F, #289 of 667 statewide, top 44%, 2,264 students, 51% FRL).
• Market conditions: Rents rising (+2.3%/yr); 868 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 69 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 15y 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 $17k; list at $165k implies a 871% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,099 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% 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. 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.
6. 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.
7. 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: 1.30% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $190,992
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4418 Brave Ln	0.07mi	2/2.0 (-1)	1,175 (+6%)	3mo	$177,000	$151	79
2490 Longpine Ln	0.14mi	3/2.0	1,186 (+7%)	6mo	$205,000	$173	76
4707 Lanca Ln	0.14mi	2/2.0 (-1)	1,200 (+9%)	13mo	$238,000	$198	63
2538 Longpine Ln	0.12mi	2/2.0 (-1)	1,248 (+13%)	11mo	$192,000	$154	58

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 · 2.3% rent growth · sell at horizon

5-year hold

• IRR: -0.4%
• Equity multiple: 0.98×
• Total profit: $-775
• Equity at exit: $24,602

10-year hold

• IRR: 8.5%
• Equity multiple: 1.63×
• Total profit: $28,917
• Equity at exit: $14,266

Cash invested: $46,200 (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 34772

• Home prices YoY: -32.5%
• Rents YoY: 2.3%
• Active inventory: 868
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,149 high
• Mortgage (P&I): −$865
• Tax from tax record: −$214 /mo · $2,569/yr
• Insurance: −$69
• HOA: −$120
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $429

Break-even live

Break-even rent $1,605

Max offer price $164,999

Occupancy floor 75%

Sensitivity live

Price	-10% $523	-5% $476	+0% $429	+5% $383	+10% $336
Rent	-10% $260	-5% $345	+0% $429	+5% $514	+10% $599
Rate	-1.0pp $513	-0.5pp $471	base $429	+0.5pp $387	+1.0pp $343

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2478 Pine Chase Cir Saint Cloud, FL	3.0	2.0	1383	$2,310	$1.67	5d	1	0.49mi
3221 Villa Way Cir Saint Cloud, FL	3.0	2.0	1370	$1,650	$1.20	24d	1	0.55mi
2438 Pine Chase Cir Saint Cloud, FL	3.0	2.0	1482	$2,199	$1.48	3d	1	0.70mi
4240 Settlers Ct Saint Cloud, FL	3.0	2.0	1435	$2,300	$1.60	24d	1	0.89mi
3085 Soldier City Way Unit 202 St Cloud, FL	3.0	2.0	1125	$1,800	$1.60	24d	1	0.92mi
3085 Soldier City Way Unit 203 St Cloud, FL	3.0	2.0	1045	$1,850	$1.77	24d	1	0.92mi
3075 Soldier City Way Unit 202 St Cloud, FL	3.0	2.0	1125	$1,800	$1.60	21d	1	0.92mi
3075 Soldier City Way Unit 102 St Cloud, FL	3.0	2.0	1045	$1,800	$1.72	24d	1	0.92mi
3075 Soldier City Way Unit 103 St Cloud, FL	3.0	2.0	1045	$1,850	$1.77	24d	1	0.92mi
3075 Soldier City Way Unit 101 St Cloud, FL	3.0	2.0	1045	$1,850	$1.77	4d	1	0.92mi
3065 Soldier City Way Unit 202 St Cloud, FL	3.0	2.0	1125	$1,800	$1.60	21d	1	0.93mi
3100 Soldier City Way St Cloud, FL	3.0	2.0	1085	$1,875	$1.73	4d	6	0.94mi
3010 Camber Dr Saint Cloud, FL	1.0–2.0	1.0–2.0	1007	$1,971	$1.96	2d	18	1.07mi
5000 Revolutionary Way Saint Cloud, FL	3.0	2.5	1373	$2,100	$1.53	24d	1	1.32mi
5080 Revolutionary Way Saint Cloud, FL	3.0	2.5	1365	$2,350	$1.72	24d	1	1.33mi
4988 Prairie Preserve Run Saint Cloud, FL	3.0	2.5	1354	$2,295	$1.69	24d	1	1.37mi
3528 Bay Ct Saint Cloud, FL	2.0	1.0	884	$1,495	$1.69	24d	1	1.43mi

HOA detail

• Monthly dues: $120 · $1,440/yr
• Likely covers: poolsecurity

Listing history 28 events

1. 2026-06-18
   days on market $164,999 Active 69 DOM
2. 2026-06-17
   days on market $164,999 Active 68 DOM
3. 2026-06-16
   days on market $164,999 Active 67 DOM
4. 2026-06-15
   days on market $164,999 Active 66 DOM
5. 2026-06-13
   days on market $164,999 Active 64 DOM
6. 2026-06-13
   days on market $164,999 Active 63 DOM
7. 2026-06-09
   days on market $164,999 Active 60 DOM
8. 2026-06-08
   days on market $164,999 Active 59 DOM
9. 2026-06-07
   days on market $164,999 Active 58 DOM
10. 2026-06-04
    days on market $164,999 Active 55 DOM
11. 2026-06-03
    days on market $164,999 Active 54 DOM
12. 2026-06-02
    days on market $164,999 Active 53 DOM
13. 2026-06-02
    days on market $164,999 Active 52 DOM
14. 2026-05-31
    days on market $164,999 Active 51 DOM
15. 2026-04-10
    listed $170,000 Active

    Show marketing remark (939 chars)

    Wait to see this Charming two bedrooms and two bathrooms in Active Adult Gated Community - Teka Village! Welcome to this lovely double-wide mobile home located in the desirable Teka Village, a gated 55+ community in St. Cloud, Florida, where the sunshine and warm weather make for a perfect retirement setting! This spacious 2-bedrooms, 2-bathrooms home offers comfortable living with an inviting lanai, ideal for dining outside or enjoying extra living space. Inside, you'll find a well-appointed kitchen with ample cabinet space, along with a cozy living room and dining area. The owner's suite offers a dual-sink vanity, a relaxing shower, and a separate tub, creating a personal retreat. The home also includes a full carport, providing convenience and protection for your vehicle. The vibrant Teka Village community offers a variety of amenities, including a clubhouse, recreation center, and a refreshing pool for residents to enjoy.

16. 2026-04-10
    listed $170,000 Active 939-char remark

    Show marketing remark (939 chars)

    Wait to see this Charming two bedrooms and two bathrooms in Active Adult Gated Community - Teka Village! Welcome to this lovely double-wide mobile home located in the desirable Teka Village, a gated 55+ community in St. Cloud, Florida, where the sunshine and warm weather make for a perfect retirement setting! This spacious 2-bedrooms, 2-bathrooms home offers comfortable living with an inviting lanai, ideal for dining outside or enjoying extra living space. Inside, you'll find a well-appointed kitchen with ample cabinet space, along with a cozy living room and dining area. The owner's suite offers a dual-sink vanity, a relaxing shower, and a separate tub, creating a personal retreat. The home also includes a full carport, providing convenience and protection for your vehicle. The vibrant Teka Village community offers a variety of amenities, including a clubhouse, recreation center, and a refreshing pool for residents to enjoy.

17. 2025-12-31
    historical
18. 2025-03-29
    price $180,000
19. 2025-03-25
    status Active
20. 2025-03-25
    price $180,000
21. 2025-03-11
    status Pending
22. 2025-03-11
    historical
23. 2024-12-16
    price $187,000
24. 2024-12-14
    price $187,000
25. 2024-10-16
    listed $200,000 Active
26. 2024-10-16
    listed $200,000 Active
27. 2011-10-18
    listed $75,000
28. 1989-06-01
    soldstatus $17,000

ⓘ 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: $2,569 · $214/mo
• Projected year-2 tax: $2,569 · $214/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 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,786
• − Mortgage interest: −$9,243
• − Property taxes: −$2,569
• − Insurance: −$825
• − Repairs & maintenance: −$2,063
• − Management: −$2,063
• − HOA: −$1,440
• − Depreciation: −$4,800
• Taxable income: $2,784
• Est. tax owed @ 24.0%: −$668
• After-tax cash flow: $4,486/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 — St. Cloud

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Cloud, FL
• County: Osceola County · 410,217 people
• City population: 29,247
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 35,390
• Household income: $97,868
• Rent vs Own: 17.2% rent · 82.8% own
• Severe rent burden: 443.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 44% Hispanic / Latino 44% Two or more races 19% Black 4% Asian 2%
• Hispanic origin (detail): Puerto Rican 20% Cuban 2% Dominican 6%
• Common ancestry: Lithuanian 2% Slovak 1% Iranian 1%
• Foreign-born: 18% · Canada, Jamaica
• Languages at home: 60% English-only · Spanish 36% German/W. Germanic 1% Other Indo-European 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: ▼ -132.55%
• Current HPI: 274.6517
• Rent YoY: ▲ 2.30%
• 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

+900.0% since first listed

14 events — show timeline

• 2026-04-10 Listed $170,000 SCMLS
• 2026-04-10 Listed $170,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-03-29 Price Changed $180,000 SCMLS
• 2025-03-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-25 Price Changed $180,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-11 Listing Removed — SCMLS
• 2024-12-16 Price Changed $187,000 SCMLS
• 2024-12-14 Price Changed $187,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-16 Listed $200,000 SCMLS
• 2024-10-16 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2011-10-18 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 1989-06-01 Sold (Public Records) $17,000 Public Records

Property tax history

+17.3%/yr

Latest (2025): $2,569 · +952.5% YoY. Source: county tax records.