42051 Cherry Ave · Pine Lakes, FL 32720

$249,900

3 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 24 Days on market

Built 2026 0.26 ac lot Est $300k · 17% under

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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 +15.0/15.0
• Cash flow +12.9/30.0
• Schools +4.2/10.0
• DSCR +3.9/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

Key facts

• 10 yr 2-10 warranty
• 0.26 acre lot
• Built 2026

Tags

• WIND ZONE 2 CONSTRUCTION
• 10 YR 2-10 WARRANTY
• LUXURY MODERN ENSUITE BATHROOM
• SPACIOUS CENTER ISLAND
• STAINLESS STEEL APPLIANCES
• ENERGY EFFICIENT WINDOWS

Property features AI

Finance

• Other: Lease restrictions: none
• Financial info: No investor or income/expense details provided
• HOA & community: No association

Exterior

• Parking: No parking details provided
• Security: No security features listed
• Utilities: Well water; Septic tank; Broadband/High-Speed Internet available; Cable available; Electricity connected; Water connected
• Home design: Residential manufactured home (double wide); One story; New construction; Model: Economy; Orientation: Faces east
• Construction: Vinyl siding with frame construction; Shingle roof; Crawlspace foundation; Building area about 1,479 total (builder source)
• Exterior features: Awning(s); Fruit trees on property; Asphalt road access

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Range; Range hood; Refrigerator; Freezer; Ice maker; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Crown molding; Kitchen/family room combo; Solid wood cabinets; Split bedroom floorplan; Thermostat; Walk-in closet(s); Blinds; ENERGY STAR qualified windows
• Laundry & utility: Washer hookup; Dryer hookup (electric); Inside laundry; Laundry closet; Inside utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $250k.

Deal economics

• At list price, monthly cash flow is $-17 ($-208/yr) — negative.
• To cash-flow at today's rent, offer at most $247k (1.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (25.9% below list).
• Recommended offer: $185k (25.9% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.0% in Pine Lakes — 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 63/100 on livability (#710 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.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Seminole Springs Elementary School (math 63% / reading 58%, grade B-, #664 of 2,144 statewide, top 32%, 479 students, 57% FRL); Umatilla Middle School (math 58% / reading 46%, grade C+, #217 of 571 statewide, top 40%, 595 students, 57% FRL); Umatilla High School (math 24% / reading 29%, grade F, #489 of 667 statewide, top 74%, 861 students, 51% FRL).
• Market conditions: Rents rising (+3.4%/yr); 444 active listings in the ZIP; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 32% of the median local income ($69k/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.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 2y 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 $33k; list at $250k implies a 658% 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; major wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $185,127 (25.9% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
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: 0.74% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.30%
• DSCR: 0.99
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $299,520
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
42316 Pond View Ln	0.69mi	3/2.0	1,296 (-10%)	1mo	$270,000	$208	50

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 · 3.36% rent growth · sell at horizon

5-year hold

• IRR: -16.5%
• Equity multiple: 0.41×
• Total profit: $-41,052
• Equity at exit: $37,261

10-year hold

• IRR: -7.8%
• Equity multiple: 0.50×
• Total profit: $-34,894
• Equity at exit: $21,607

Cash invested: $69,972 (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 32720

• Rents YoY: 3.4%
• Active inventory: 444
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,851 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$65 /mo · $783/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $-17

Break-even live

Break-even rent $1,873

Max offer price $246,831

Occupancy floor 96%

Sensitivity live

Price	-10% $124	-5% $53	+0% $-17	+5% $-88	+10% $-159
Rent	-10% $-164	-5% $-90	+0% $-17	+5% $56	+10% $129
Rate	-1.0pp $108	-0.5pp $46	base $-17	+0.5pp $-82	+1.0pp $-148

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-05-20
   status Pending 2912-char remark

   Show marketing remark (2912 chars)

   One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

2. 2026-05-19
   status Pending
3. 2026-05-07
   price $249,900

   Show marketing remark (2912 chars)

   One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

4. 2026-05-07
   price $249,900 2912-char remark

   Show marketing remark (2912 chars)

   One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

5. 2026-04-25
   listed $250,000 Active 2912-char remark

   Show marketing remark (2912 chars)

   One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

6. 2026-04-25
   listed $250,000 Active

   Show marketing remark (2912 chars)

   One or more photo(s) has been virtually staged. Not your average manufactured home. .. these homes have the WOW factor!!! SELLERS WILLING TO DO CONCESSIONS TOWARDS BUYER'S CLOSING!! Welcome to an exceptional opportunity to own a high-quality BRAND NEW Cavco Industries home, built with enhanced engineering standards and designed to withstand wind loads up to 100 MPH (Wind Zone 2 construction)--giving you peace of mind along with incredible value. Cavco received two national design awards from the Manufactured Housing Institute recognizing their continued focus on design innovation, product quality and expanding access to modern, affordable housing. For INVESTORS. .. NO INCOME VERIFICATION REQUIRED! For Home Buyers this home qualifies for the USDA loan with NO MONEY DOWN!! These homes come with a 10 yr 2-10 Warranty providing long term confidence and peace of mind. The 3 bedroom 2 bathroom split-bedroom floor plan offers privacy, with a standout primary suite that includes a luxury modern ensuite bathroom with a large walk-in shower, dual sinks and built in cabinetry. The primary also includes a ceiling fan and massive Walk-in closet for added functionality. This beautifully designed kitchen with a timeless look is the heart of the home, offering a perfect blend of style, functionality, and open-concept living. Featuring a spacious center island with bar seating, this layout is ideal for entertaining, casual dining, or gathering with family and friends. It includes Stainless steel appliances, Deep stainless steel sink with modern faucet, Recessed lighting for a clean, updated look, abundant cabinetry and plenty of counter space providing excellent storage and prep areas. Enjoy natural light pouring in through multiple windows, enhancing the bright and airy feel of the space. The open flow into the living and dining areas makes this kitchen feel expansive and connected--perfect for today's lifestyle. Bedrooms 2 and 3 offer a peaceful and versatile space, designed with comfort and simplicity in mind. Each room features large windows that bring in the natural light, creating a bright and inviting atmosphere with neutral finishes and durable flooring throughout, making it easy to personalize the space to fit any style. The layout provides flexibility for use as bedrooms, a home office, or guest space--perfect for today's lifestyle needs. This home is designed with the ENERGY STAR program including energy efficient windows and insulation and is situated on a 0.26 Ac lot OWNED not leased and with NO HOA and NO Floodzone!!! This home is within 20 minutes of Downtown Deland, 9 min to Ed Stone Park and Boat Ramp for the St Johns River and 30 minutes to I-4. Tucked away from the hustle and bustle, yet conveniently located near shopping, dining, and everyday amenities, this home offers the perfect balance of privacy and accessibility. Call for your private showing Today!!!

7. 2026-04-23
   historical
8. 2026-02-05
   listed $259,995 Active
9. 2025-05-17
   soldstatus $32,970 Closed
10. 2025-05-16
    soldstatus $32,970 Closed
11. 2025-05-06
    status Pending
12. 2025-05-06
    status Active
13. 2025-04-30
    status Pending
14. 2025-04-28
    historical
15. 2025-04-02
    status Pending
16. 2025-03-25
    listed $43,500 Active
17. 2025-03-03
    listed $43,500 Active
18. 2024-12-30
    historical
19. 2024-12-24
    listed $45,000 Active
20. 2024-11-15
    historical
21. 2024-11-05
    price $40,000
22. 2024-10-25
    price $45,000
23. 2024-10-09
    listed $65,000 Active

ⓘ 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: $783 · $65/mo
• Projected year-2 tax: $2,074 · $173/mo
• Expected delta: +$1,291/yr (+$108/mo · 164.9%)

ⓘ 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 7/10 Severe
• 🌡 Heat 8/10 Severe 6 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,215
• − Mortgage interest: −$13,998
• − Property taxes: −$783
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,777
• − Management: −$1,777
• − Depreciation: −$7,270
• Taxable loss: −$4,640
• Est. tax savings @ 24.0%: +$1,114
• After-tax cash flow: $905/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: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Pine Lakes

• Score: 63/100
• State rank: #710
• US rank: #15055

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 556,871 people
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 36,259
• Household income: $68,830
• Rent vs Own: 30.5% rent · 69.5% own
• Severe rent burden: 1145.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 21% Black 11% Two or more races 9%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 3%
• Common ancestry: Lithuanian 1% Slovak 1% Serbian 1%
• Foreign-born: 7% · Canada, Jamaica, Vietnam
• Languages at home: 85% English-only · Spanish 13%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -194.54%
• Current HPI: 330.7324
• Rent YoY: ▲ 3.36%
• Metro: Deltona-Daytona Beach-Ormond Beach, 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

+284.5% since first listed

23 events — show timeline

• 2026-05-20 Pending — Daytona MLS
• 2026-05-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Price Changed $249,900 Daytona MLS
• 2026-04-25 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-25 Listed $250,000 Daytona MLS
• 2026-04-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Listed $259,995 Stellar MLS as Distributed by MLS Grid
• 2025-05-17 Sold (MLS) $32,970 Stellar MLS as Distributed by MLS Grid
• 2025-05-16 Sold (MLS) $32,970 Daytona MLS
• 2025-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-04-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-04-28 Listing Removed — Daytona MLS
• 2025-04-02 Pending — Daytona MLS
• 2025-03-25 Listed $43,500 Daytona MLS
• 2025-03-03 Listed $43,500 Stellar MLS as Distributed by MLS Grid
• 2024-12-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-12-24 Listed $45,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-11-05 Price Changed $40,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-25 Price Changed $45,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-09 Listed $65,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+6.6%/yr

Latest (2025): $783 · +3.0% YoY. Source: county tax records.