7720 Arezzo Ave · Tangelo Park, FL 32819

$215,000

3 bd · 1.0 ba · 1,557 sqft · SingleFamily public records · 13 Days on market

Built 1958 6,122 sqft lot Est $358k · 40% under

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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 +26.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.9/10.0
• 1% rule +5.8/10.0
• Livability +4.4/5.0
• Schools +4.1/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. CASH ONLY. This 3 bedroom, 2 full bathroom home has a 2023 ROOF and 2024 HVAC - but needs full renovation for everything else. This is a perfect opportunity for an investor to complete a renovation and bring the property to its full potential. The property features spacious bedrooms and large living areas. Don't miss this opportunity!

Key facts

• 6,122 sq ft lot
• Parking
• Built 1958

Property features AI

Finance

• Other: Zoned R-1; Unfurnished; Living area approximately 1,557 sq ft (public records); Building area approximately 1,890 sq ft (public records)

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; One story; East-facing
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.14-acre lot
• Exterior features: Other exterior features; Asphalt/paved road access

Interior

• Kitchen: Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Thermostat
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $556 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $215k).

Location & tenants

• Location reads 87/100 on livability (#9 in FL, #303 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, cost of living A+; Watch: employment D+, schools F.
• Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.7%/yr); 319 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 8,053 units permitted in Orange County in 2024 (3,133 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 $6k of value loss. Plan a longer hold.
• Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts 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 $175k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,000

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.08% ✓
• Cap rate: 9.40%
• Cash-on-cash: 11.08%
• DSCR: 1.49
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $358,110
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7621 Arezzo Ave	0.05mi	3/2.0	1,480 (-5%)	20mo	$340,000	$230	69

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 · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -1.1%
• Equity multiple: 0.96×
• Total profit: $-2,467
• Equity at exit: $32,057

10-year hold

• IRR: 7.3%
• Equity multiple: 1.52×
• Total profit: $31,292
• Equity at exit: $18,589

Cash invested: $60,200 (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 32819

• Rents YoY: 1.7%
• Active inventory: 319
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,313 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$54 /mo · $652/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $556

Break-even live

Break-even rent $1,609

Max offer price $215,000

Occupancy floor 71%

Sensitivity live

Price	-10% $678	-5% $617	+0% $556	+5% $495	+10% $434
Rent	-10% $373	-5% $465	+0% $556	+5% $647	+10% $739
Rate	-1.0pp $664	-0.5pp $611	base $556	+0.5pp $500	+1.0pp $444

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5102 Manduria St Orlando, FL	2.0	1.0	1055	$1,900	$1.80	11d	1	0.05mi
4919 Steyr St Orlando, FL	3.0	2.0	1189	$2,000	$1.68	22d	1	0.24mi
4833 Crow St Orlando, FL	4.0	2.0	1325	$2,050	$1.55	5d	1	0.49mi
5801 Lakehurst Dr Orlando, FL	1.0–2.0	1.0–2.0	943	$2,290	$2.43	13d	22	0.77mi
5885 Lakehurst Dr Orlando, FL	1.0–2.0	1.0–2.0	847	$2,704	$3.19	21d	10	0.79mi
7405 Universal Blvd Orlando, FL	1.0–3.0	1.0–2.0	1088	$3,575	$3.28	2d	145	0.94mi
7420 Universal Blvd Orlando, FL	1.0–3.0	1.0–2.0	956	$2,665	$2.79	2d	18	0.97mi
8000 Essex Point Cir Orlando, FL	1.0–3.0	1.0–2.0	1033	$2,498	$2.42	3d	22	1.19mi
6331 Adriana Ave Orlando, FL	3.0	1.0–2.0	1034	$3,130	$3.03	3d	46	1.27mi
5587 Millenia Blvd Unit 1 Orlando, FL	3.0	2.0	1215	$2,400	$1.98	5d	1	1.38mi
5935 Antilla Dr Orlando, FL	3.0	1.0	1074	$2,000	$1.86	22d	1	1.40mi
9703 Avellino Ave Orlando, FL	3.0	1.0–2.0	967	$2,740	$2.83	2d	41	1.41mi
9707 Mia Cir Orlando, FL	1.0–3.0	1.0–2.0	1014	$2,684	$2.65	3d	37	1.49mi

Listing history 9 events

1. 2026-05-15
   status Pending
2. 2026-05-06
   status Active
3. 2026-04-23
   status Pending
4. 2026-04-21
   status Active
5. 2026-04-09
   status Pending
6. 2026-04-07
   listed $215,000 Active
7. 2026-03-19
   soldstatus $175,000
8. 2000-06-09
   soldstatus $42,000
9. 1972-06-01
   soldstatus $10,200

ⓘ 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: $652 · $54/mo
• Projected year-2 tax: $1,784 · $149/mo
• Expected delta: +$1,132/yr (+$94/mo · 173.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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: $27,758
• − Mortgage interest: −$12,043
• − Property taxes: −$652
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,221
• − Management: −$2,221
• − Depreciation: −$6,255
• Taxable income: $3,292
• Est. tax owed @ 24.0%: −$790
• After-tax cash flow: $5,882/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: Orange
• NCES district ID: 1201440
• Math proficiency: 46% ▼ -9.00%
• Reading proficiency: 51% ▼ -2.00%
• Median HH income: $49,350
• Composite: 41.47/100
• National rank: #3461
• State rank: #43 of 73 in FL

Livability — Tangelo Park

• Score: 87/100
• State rank: #9
• US rank: #303

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tangelo Park, FL
• County: Orange County · 1,471,359 people
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 30,213
• Household income: $98,109
• Rent vs Own: 44.4% rent · 55.6% own
• Severe rent burden: 930.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 1,618,226 people
• By 2030: 1,787,404 · +10.5%
• By 2040: 2,125,621 · +31.4%
• By 2050: 2,454,016 · +51.6%
• By 2075: 3,173,711 · +96.1%
• By 2100: 3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 51% Hispanic / Latino 20% Two or more races 17% Black 12% Asian 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 4% Dominican 2%
• Common ancestry: Estonian 4% Romanian 3% Lithuanian 2%
• Foreign-born: 27% · Canada, China, Jamaica
• Languages at home: 65% English-only · Spanish 17% Other Indo-European 9% French/Haitian/Cajun 2%

Political lean MEDSL · Orange

• 2024 margin: D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
• 2008→2024 swing: -5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
• All cycles: 2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -265.00%
• Current HPI: 285.9384
• Rent YoY: ▲ 1.72%
• 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

+2007.8% since first listed

9 events — show timeline

• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Listed $215,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-19 Sold (Public Records) $175,000 Public Records
• 2000-06-09 Sold (Public Records) $42,000 Public Records
• 1972-06-01 Sold (Public Records) $10,200 Public Records

Property tax history

+5.4%/yr

Latest (2025): $652 · +23.8% YoY. Source: county tax records.