1985 Aladdin Ct · St. Cloud, FL 34771

$145,000

1 bd · 1.0 ba · 882 sqft · Manufactured public records · 230 Days on market

Built 1966 0.30 ac lot

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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 +28.0/30.0
• DSCR +9.9/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Schools +3.6/10.0
• Rent growth +3.3/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

NO HOA • NO LOT FEES • Endless Potential in Sunny Florida! Discover an affordable slice of Florida paradise in desirable St. Cloud! This charming manufactured home offers exceptional value with no HOA restrictions and no lot fees, giving you the freedom to enjoy your property your way. Inside, you'll find a comfortable one-bedroom layout plus a versatile bonus room that can easily function as a second bedroom, home office, or hobby space. Relax year-round in the enclosed porch or enjoy the additional Florida room, providing plenty of extra living space for entertaining guests or soaking in the sunshine. Step outside to find a spacious storage shed perfect for tools, outdoor gear,

Key facts

• 0.3 acre lot
• Parking
• Built 1966

Property features AI

Finance

• Other: Lot about 0.3 acre (dimensions ~108 x 121); Public records list living area and building area; Property zoned ORMH; Contains one well and one septic
• Financial info: No lease restrictions
• HOA & community: No association

Exterior

• Parking: Carport (1 space)
• Utilities: Well water; Septic tank; Broadband/High-speed internet available; Cable available; Electricity available; Phone service available; Water available
• Home design: Single-wide mobile home; One story; Faces west; Fixer condition
• Construction: Metal frame with metal siding; Metal roof; Crawlspace foundation; Built as a mobile home (single wide)
• Exterior features: Private mailbox; Asphalt road access

Interior

• Kitchen: Cooktop; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No interior features listed
• Laundry & utility: Outdoor laundry area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $452 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.0% 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 C — 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: Hickory Tree Elementary School (math 64% / reading 59%, grade B, #634 of 2,144 statewide, top 30%, 795 students, 48% FRL); Harmony High School (math 40% / reading 46%, grade F, #255 of 667 statewide, top 39%, 2,822 students, 42% FRL) — zoned schools average 45% FRL vs 60% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.0%/yr); 1378 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $4k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 230 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $12k; list at $145k implies a 1060% 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; 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 $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 230 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — 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. 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: 1.23% ✓
• Cap rate: 10.03%
• Cash-on-cash: 13.35%
• DSCR: 1.59
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.02% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $5,318
• Equity at exit: $21,620

10-year hold

• IRR: 12.9%
• Equity multiple: 2.03×
• Total profit: $41,841
• Equity at exit: $12,537

Cash invested: $40,600 (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 34771

• Home prices YoY: -30.0%
• Rents YoY: 3.0%
• Active inventory: 1378
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,789 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$141 /mo · $1,691/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $452

Break-even live

Break-even rent $1,217

Max offer price $145,000

Occupancy floor 70%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5476 Angel Way Saint Cloud, FL	1.0–3.0	1.0–2.0	984	$1,642	$1.67	2d	34	0.41mi
5930 Alligator Lake Shr W Unit A2 St Cloud, FL	1.0	1.0	700	$1,300	$1.86	17d	1	0.99mi

Listing history 20 events

1. 2026-06-18
   days on market $145,000 Active 230 DOM
2. 2026-06-17
   days on market $145,000 Active 229 DOM
3. 2026-06-16
   days on market $145,000 Active 228 DOM
4. 2026-06-15
   price $145,000 Active 227 DOM
5. 2026-06-15
   days on market $150,000 Active 227 DOM
6. 2026-06-13
   days on market $150,000 Active 225 DOM
7. 2026-06-13
   days on market $150,000 Active 224 DOM
8. 2026-06-10
   remarks 689-char remark
9. 2026-06-10
   days on market $150,000 Active 221 DOM
10. 2026-06-08
    days on market $150,000 Active 220 DOM
11. 2026-06-07
    days on market $150,000 Active 219 DOM
12. 2026-06-04
    days on market $150,000 Active 216 DOM
13. 2026-06-03
    days on market $150,000 Active 215 DOM
14. 2026-06-02
    days on market $150,000 Active 214 DOM
15. 2026-06-02
    days on market $150,000 Active 213 DOM
16. 2026-05-31
    days on market $150,000 Active 212 DOM
17. 2026-04-07
    price $150,000
18. 2026-01-27
    price $160,000
19. 2025-10-31
    listed $165,000 Active
20. 1979-08-01
    soldstatus $12,500

ⓘ 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: $1,691 · $141/mo
• Projected year-2 tax: $1,691 · $141/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 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,471
• − Mortgage interest: −$8,122
• − Property taxes: −$1,691
• − Insurance: −$725
• − Repairs & maintenance: −$1,718
• − Management: −$1,718
• − Depreciation: −$4,218
• Taxable income: $3,280
• Est. tax owed @ 24.0%: −$787
• After-tax cash flow: $4,635/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

• County: Osceola County · 410,217 people
• City population: 29,247
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 35,257
• Household income: $97,415
• Rent vs Own: 15.0% rent · 85.0% own
• Severe rent burden: 338.0

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 45% Hispanic / Latino 41% Two or more races 20% Black 9% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 26% Cuban 2% Dominican 4%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 1%
• Foreign-born: 14% · Canada, Jamaica
• Languages at home: 64% English-only · Spanish 33% Other Indo-European 3%

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: ▼ -124.44%
• Current HPI: 290.3095
• Rent YoY: ▲ 3.02%
• 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

+1100.0% since first listed

4 events — show timeline

• 2026-04-07 Price Changed $150,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-27 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-31 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 1979-08-01 Sold (Public Records) $12,500 Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,691 · +8.6% YoY. Source: county tax records.