373 Dolores Blvd · DeLand, FL 32724

$214,900

3 bd · 3.0 ba · 1,170 sqft · Manufactured public records · 65 Days on market

Built 2008 8,625 sqft lot

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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).

• Cash flow +18.6/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• 1% rule +4.9/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

NO HOA-NO LOT RENT! Amazing Snowbird Retreat! Pride of ownership shines in this well-maintained, like-new manufactured home—gently lived in only six months out of the year. Major update includes a roof replaced in 11/2019. Step inside to a light and bright interior featuring upgraded luxury vinyl plank flooring in the main living areas and primary bedroom. All rooms are equipped with ceiling fans and upgraded blinds for added comfort and style. The spacious primary suite offers a walk-in closet and a large ensuite bathroom complete with double sinks, a stand-up shower, featuring an upgraded commode, and an oversized linen closet with ample storage. The desirable split floor plan provides privacy, with the secondary bedrooms and guest bath located on the opposite side of the home. The open-concept kitchen overlooks the dining and living areas and includes white cabinetry with crown molding, a breakfast bar, and an upgraded Bosch dishwasher. All appliances convey, including the washer and dryer. Exterior features include a front ramp for easy accessibility, a covered carport, and a large screened porch—perfect for relaxing. The backyard offers additional space to enjoy, complete with a large shed and partial fencing. Bonus: This home can be sold fully furnished—just bring your clothes and start enjoying your Florida retreat right away! Energy Efficiency: Home is equipped with leased solar panels, helping to offset utility costs. Buyer to assume lease (details available). Move-in ready and ideal for seasonal or year-round living!

Key facts

• Double sinks
• Stand-up shower
• Walk-in closet

Tags

• WALK-IN CLOSET
• LARGE ENSUITE BATHROOM
• DOUBLE SINKS
• STAND-UP SHOWER
• OVERSIZED LINEN CLOSET
• SPLIT FLOOR PLAN

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $215k.

Deal economics

• At list price, monthly cash flow is $208 ($3k/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 (1.5% below list).
• Recommended offer: $202k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#498 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B; Watch: schools D+, amenities F, commute F.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.8%/yr); 662 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 35% of the median local income ($74k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $24k; list at $215k implies a 777% 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $202,006 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
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: 0.99% ✗
• Cap rate: 7.46%
• Cash-on-cash: 4.16%
• DSCR: 1.18
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.82% rent growth · sell at horizon

5-year hold

• IRR: -10.0%
• Equity multiple: 0.64×
• Total profit: $-21,914
• Equity at exit: $32,042

10-year hold

• IRR: -0.8%
• Equity multiple: 0.94×
• Total profit: $-3,479
• Equity at exit: $18,581

Cash invested: $60,172 (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 32724

• Rents YoY: 2.8%
• Active inventory: 662
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,118 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$248 /mo · $2,977/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $208

Break-even live

Break-even rent $1,854

Max offer price $214,900

Occupancy floor 85%

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
255 Tupelo Honey Cir Deland, FL	1.0–4.0	1.0–3.0	1516	$2,200	$1.45	4d	4	0.71mi
1077 Quail Dr DeLand, FL	2.0	2.0	1080	$1,600	$1.48	23d	1	1.06mi

Listing history 18 events

1. 2026-06-18
   days on market $214,900 Active 65 DOM
2. 2026-06-17
   days on market $214,900 Active 64 DOM
3. 2026-06-16
   days on market $214,900 Active 63 DOM
4. 2026-06-15
   days on market $214,900 Active 62 DOM
5. 2026-06-14
   days on market $214,900 Active 60 DOM
6. 2026-06-10
   days on market $214,900 Active 57 DOM
7. 2026-06-09
   days on market $214,900 Active 56 DOM
8. 2026-06-08
   days on market $214,900 Active 55 DOM
9. 2026-06-07
   days on market $214,900 Active 54 DOM
10. 2026-06-05
    days on market $214,900 Active 51 DOM
11. 2026-06-03
    days on market $214,900 Active 50 DOM
12. 2026-06-03
    days on market $214,900 Active 49 DOM
13. 2026-06-01
    days on market $214,900 Active 48 DOM
14. 2026-05-31
    days on market $214,900 Active 47 DOM
15. 2026-05-31
    days on market $214,900 Active 46 DOM
16. 2026-05-09
    price $214,900 1572-char remark

    Show marketing remark (1572 chars)

    NO HOA-NO LOT RENT! Amazing Snowbird Retreat! Pride of ownership shines in this well-maintained, like-new manufactured home—gently lived in only six months out of the year. Major update includes a roof replaced in 11/2019. Step inside to a light and bright interior featuring upgraded luxury vinyl plank flooring in the main living areas and primary bedroom. All rooms are equipped with ceiling fans and upgraded blinds for added comfort and style. The spacious primary suite offers a walk-in closet and a large ensuite bathroom complete with double sinks, a stand-up shower, featuring an upgraded commode, and an oversized linen closet with ample storage. The desirable split floor plan provides privacy, with the secondary bedrooms and guest bath located on the opposite side of the home. The open-concept kitchen overlooks the dining and living areas and includes white cabinetry with crown molding, a breakfast bar, and an upgraded Bosch dishwasher. All appliances convey, including the washer and dryer. Exterior features include a front ramp for easy accessibility, a covered carport, and a large screened porch—perfect for relaxing. The backyard offers additional space to enjoy, complete with a large shed and partial fencing. Bonus: This home can be sold fully furnished—just bring your clothes and start enjoying your Florida retreat right away! Energy Efficiency: Home is equipped with leased solar panels, helping to offset utility costs. Buyer to assume lease (details available). Move-in ready and ideal for seasonal or year-round living!

17. 2026-04-14
    listed $219,900 Active 1572-char remark

    Show marketing remark (1572 chars)

    NO HOA-NO LOT RENT! Amazing Snowbird Retreat! Pride of ownership shines in this well-maintained, like-new manufactured home—gently lived in only six months out of the year. Major update includes a roof replaced in 11/2019. Step inside to a light and bright interior featuring upgraded luxury vinyl plank flooring in the main living areas and primary bedroom. All rooms are equipped with ceiling fans and upgraded blinds for added comfort and style. The spacious primary suite offers a walk-in closet and a large ensuite bathroom complete with double sinks, a stand-up shower, featuring an upgraded commode, and an oversized linen closet with ample storage. The desirable split floor plan provides privacy, with the secondary bedrooms and guest bath located on the opposite side of the home. The open-concept kitchen overlooks the dining and living areas and includes white cabinetry with crown molding, a breakfast bar, and an upgraded Bosch dishwasher. All appliances convey, including the washer and dryer. Exterior features include a front ramp for easy accessibility, a covered carport, and a large screened porch—perfect for relaxing. The backyard offers additional space to enjoy, complete with a large shed and partial fencing. Bonus: This home can be sold fully furnished—just bring your clothes and start enjoying your Florida retreat right away! Energy Efficiency: Home is equipped with leased solar panels, helping to offset utility costs. Buyer to assume lease (details available). Move-in ready and ideal for seasonal or year-round living!

18. 1994-08-26
    soldstatus $24,500

ⓘ 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: $2,977 · $248/mo
• Projected year-2 tax: $2,977 · $248/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) · 71% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,412
• − Mortgage interest: −$12,038
• − Property taxes: −$2,977
• − Insurance: −$1,074
• − Repairs & maintenance: −$2,033
• − Management: −$2,033
• − Depreciation: −$6,252
• Taxable loss: −$995
• Est. tax savings @ 24.0%: +$239
• After-tax cash flow: $2,739/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: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — DeLand

• Score: 68/100
• State rank: #498
• US rank: #9197

Category grades

Amenities F Commute F Cost of living A Crime B Employment C 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
• City population: 81,399
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 45,140
• Household income: $73,592
• Rent vs Own: 22.2% rent · 77.8% own
• Severe rent burden: 942.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 19% Two or more races 9% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 9% Puerto Rican 5%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 83% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -215.80%
• Current HPI: 297.1837
• Rent YoY: ▲ 2.82%
• 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

+777.1% since first listed

3 events — show timeline

• 2026-05-09 Price Changed $214,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 1994-08-26 Sold (Public Records) $24,500 Public Records

Property tax history

+5.4%/yr

Latest (2025): $2,977 · +3.6% YoY. Source: county tax records.