481 Hildalgo Dr · The Villages, FL 32159

$219,995

2 bd · 2.0 ba · 1,121 sqft · SingleFamily public records · 11 Days on market

Built 1996 6,324 sqft lot Est $251k · 12% under $147/mo HOA · 7% 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 +17.2/30.0
• ARV discount +13.1/15.0
• DSCR +5.3/10.0
• Schools +5.2/10.0
• 1% rule +4.6/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Bond Paid! No HOA! Priced Below Market for Quick Sale in The Villages. Welcome to The Villages lifestyle at an exceptional value! This 2-bedroom, 2-bath villa is ideally located in the desirable Village of De La Vista West and offers a rare opportunity to own in one of Florida's premier active adult communities at a price that allows room for your personal updates and improvements. (Roof 2015, AC 2012) Home does need some cosmetic repairs. Inside, you'll find a spacious open-concept living and dining area, a functional kitchen with breakfast bar, a large primary suite featuring an oversized walk-in closet, and a comfortable guest bedroom for visiting family and friends. The enclosed porch

Key facts

• Enclosed porch
• Breakfast bar
• 6,324 sq ft lot

Tags

• ENCLOSED PORCH
• BREAKFAST BAR
• OVERSIZED WALK-IN CLOSET
• SOUGHT-AFTER LOCATION

Property features AI

Finance

• Other: Unfurnished; Directions available; Living area and building area recorded in public records
• Financial info: Total monthly association fees approximately $147; Total annual association fees approximately $1,764; Other annual assessment approximately $285; Annual taxes listed
• HOA & community: Association recreation owned; Clubhouse; Community mailbox; Deed restrictions; Dog park; Fitness center; Golf and golf cart friendly; Pool; Sidewalks; Tennis courts; Street lights; 24-hour guard; Maintenance of grounds included; Recreational facilities and security included; Senior community; Pets allowed (max ~40 lbs)

Exterior

• Parking: Driveway; Attached garage with garage door opener (1 car)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; High-speed internet available; Cable connected; Electricity connected; Phone available; Water connected; Sewer connected
• Home design: Residential villa; One story; Faces northeast; Homestead property; CDD present
• Construction: Vinyl siding with frame construction; Shingle roof; Slab foundation; Built using standard frame materials
• Exterior features: Enclosed patio/porch; Exterior lighting; Sliding doors; Paved road access; Lot approximately 0.15 acres

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Open floorplan; Walk-in closet(s); Window treatments; Blinds
• Laundry & utility: Washer; Dryer; Laundry located in garage; Irrigation equipment

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (3.6% below list).
• Recommended offer: $212k (3.6% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 5.0% in The Villages — 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 70/100 on livability (#431 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A; Watch: amenities F, commute F, health & safety F.
• Sumter (rural): math 61% / reading 61% proficiency, ranked #11 of 73 in FL (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+4.0%/yr); 576 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 3,961 units permitted in Sumter County in 2024 (248 in 5+ unit buildings).
• This rent runs 43% of the median local income ($59k/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 $7k of value loss. Plan a longer hold.
• Sumter County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $136k; list at $220k implies a 62% 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $212,082 (3.6% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 0.96% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.02%
• DSCR: 1.13
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $251,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1721 Sonora St	0.06mi	2/2.0	1,121 (0%)	1mo	$235,000	$210	97
1710 Morelos Rd	0.07mi	2/2.0	1,121 (0%)	2mo	$230,000	$205	95
432 Hildalgo Dr	0.11mi	2/2.0	1,121 (0%)	2mo	$230,000	$205	93
221 Montoya Dr	0.44mi	2/2.0	1,121 (0%)	2mo	$269,000	$240	78
1546 Lozano Ave	0.49mi	2/2.0	1,139 (+2%)	0mo	$230,000	$202	74
1501 Alfonso Ln	0.33mi	2/2.0	1,014 (-10%)	2mo	$233,000	$230	67
1657 Zadora Ln	0.64mi	2/2.0	1,098 (-2%)	2mo	$285,000	$260	65
620 Nuevo Leon Ln	0.49mi	2/2.0	1,210 (+8%)	1mo	$300,000	$248	63
242 Juarez Way	0.63mi	2/2.0	1,066 (-5%)	0mo	$197,000	$185	62
342 San Marino Dr	0.53mi	2/2.0	1,230 (+10%)	1mo	$255,000	$207	59
419 Santa Clara Cir	0.52mi	2/2.0	1,248 (+11%)	1mo	$280,000	$224	56
604 Nuevo Leon Ln	0.44mi	2/2.0	970 (-14%)	2mo	$249,000	$257	55

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 · 4.03% rent growth · sell at horizon

5-year hold

• IRR: -10.4%
• Equity multiple: 0.62×
• Total profit: $-23,518
• Equity at exit: $32,802

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,674
• Equity at exit: $19,021

Cash invested: $61,599 (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 32159

• Home prices YoY: -16.0%
• Rents YoY: 4.0%
• Active inventory: 576
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,121 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$128 /mo · $1,536/yr
• Insurance: −$92
• HOA: −$147
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $155

Break-even live

Break-even rent $1,925

Max offer price $219,995

Occupancy floor 88%

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: $54,999
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1688 Garcia Ct Lady Lake, FL	2.0	2.0	1075	$1,700	$1.58	21d	1	0.23mi
722 Camino del Rey Dr Lady Lake, FL	3.0	2.0	1205	$2,000	$1.66	21d	1	0.47mi
613 Enconto St Unit 1525268P The Villages, FL	2.0	2.0	1097	$1,788	$1.63	21d	1	0.48mi
314 Juarez Way Lady Lake, FL	2.0	2.0	1200	$1,800	$1.50	21d	1	0.52mi
1330 La Jolla Cir The Villages, FL	2.0	2.0	1214	$3,000	$2.47	21d	1	0.65mi
628 Dominguez Dr Lady Lake, FL	2.0	2.0	1214	$2,245	$1.85	21d	1	0.75mi
1524 Martinez Dr Lady Lake, FL	2.0	2.0	1199	$2,095	$1.75	21d	1	0.78mi
716 Dominguez Dr Lady Lake, FL	2.0	2.0	1094	$2,450	$2.24	21d	1	0.80mi
1304 Santa Rosa Ct Lady Lake, FL	2.0	2.0	1286	$4,500	$3.50	21d	1	0.94mi
10840 NE 89th Dr The Villages, FL	1.0–3.0	1.0–2.0	919	$1,634	$1.78	21d	21	1.06mi
943 Mendoza Blvd Lady Lake, FL	2.0	2.0	1268	$5,800	$4.57	23d	1	1.13mi
932 Chula Ct Lady Lake, FL	2.0	2.0	1346	$3,000	$2.23	3d	1	1.27mi
323 Chula Vista Ave Lady Lake, FL	2.0	2.0	1486	$2,700	$1.82	23d	1	1.28mi
2006 Cardona Way Lady Lake, FL	2.0	2.0	1428	$3,900	$2.73	21d	1	1.37mi

HOA detail

• Monthly dues: $147 · $1,764/yr

Listing history 10 events

1. 2026-06-19
   pricedays on market $219,995 Active 11 DOM
2. 2026-06-18
   days on market $225,000 Active 10 DOM
3. 2026-06-17
   days on market $225,000 Active 9 DOM
4. 2026-06-16
   days on market $225,000 Active 8 DOM
5. 2026-06-15
   days on market $225,000 Active 7 DOM
6. 2026-06-14
   days on market $225,000 Active 5 DOM
7. 2026-06-13
   days on market $225,000 Active 4 DOM
8. 2026-06-10
   days on market $225,000 Active 2 DOM
9. 2026-06-09
   remarks 699-char remark
10. 2026-06-09
    listed $225,000 Active 1 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: $1,536 · $128/mo
• Projected year-2 tax: $1,826 · $152/mo
• Expected delta: +$290/yr (+$24/mo · 18.9%)

ⓘ 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 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,450
• − Mortgage interest: −$12,323
• − Property taxes: −$1,536
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,036
• − Management: −$2,036
• − HOA: −$1,764
• − Depreciation: −$6,400
• Taxable loss: −$1,745
• Est. tax savings @ 24.0%: +$419
• After-tax cash flow: $2,280/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: Sumter
• NCES district ID: 1201800
• Math proficiency: 61% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $48,240
• Composite: 51.74/100
• National rank: #1682
• State rank: #11 of 73 in FL

Livability — The Villages

• Score: 70/100
• State rank: #431
• US rank: #7363

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: The Villages, FL
• County: Lake County · 364,602 people
• City population: 83,973
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 32,107
• Household income: $58,518
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 1047.0

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 161,172 people
• By 2030: 180,083 · +11.7%
• By 2040: 209,892 · +30.2%
• By 2050: 234,186 · +45.3%
• By 2075: 284,602 · +76.6%
• By 2100: 317,039 · +96.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 6% Two or more races 5% Black 4% Asian 1%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Sumter

• 2024 margin: Solid R (+37.6) · D 30.9% · R 68.6%
• 2008→2024 swing: -10.6pp toward R · 2008: -27.0pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+36.1 2016: R+39.2 2012: R+34.9 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.24%
• Current HPI: 237.6208
• Rent YoY: ▲ 4.03%
• 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

+196.1% since first listed

5 events — show timeline

• 2026-06-08 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2026-06-08 Listed $219,000 Stellar MLS as Distributed by MLS Grid
• 2009-08-20 Sold (Public Records) $136,000 Public Records
• 1998-12-31 Sold (Public Records) $83,000 Public Records
• 1996-12-20 Sold (Public Records) $76,000 Public Records

Property tax history

+2.1%/yr

Latest (2025): $1,536 · +1.3% YoY. Source: county tax records.