7601 Canada Ave #325 · Orlando, FL 32819

$124,000

1 bd · 1.0 ba · 466 sqft · Condo public records · 49 Days on market

Built 1999 $619/mo HOA · 36% of rent ↓ 37% since listing

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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 +9.6/30.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• Rent growth +2.9/5.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Excellent opportunity to own a furnished condo-hotel unit in the desirable StaySky Suites Orlando. This spacious and comfortable unit offers a functional layout, making it ideal for personal use, vacation stays, or short-term rental opportunities. Located just minutes from Universal Studios, International Drive, premium outlets, restaurants, entertainment venues, and major highways, this property benefits from one of Orlando's most sought-after tourist locations. Residents and guests enjoy a pleasant resort-style environment with beautifully maintained common areas and a community pool, providing a comfortable atmosphere near Orlando's major attractions and entertainment districts. The mont

Key facts

• Functional design
• Strong rental demand
• Prime area

Tags

• PARTIALLY RENOVATED
• FUNCTIONAL DESIGN
• PRIME AREA
• STRONG RENTAL DEMAND

Property features AI

Finance

• Other: Property type: Residential, Condo - Hotel; Property condition: Completed; Zoning: C-2
• Financial info: No lease restrictions reported
• HOA & community: Monthly association fee of $764; Annual association fees total $9,168; Association required (Angela Perkins); Community amenities include fitness center, park, and pool; Pets allowed; Unit is furnished

Exterior

• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Water connected
• Home design: Condo - Hotel; West-facing; Located on 3rd floor; One level unit; 6-story building; Entry on slab foundation
• Construction: Block and stucco construction; Shingle roof; Built-in slab foundation
• Exterior features: Asphalt road access; Lot under 1/4 acre

Interior

• Kitchen: Cooktop; Dishwasher; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Thermostat; Building has an elevator
• Laundry & utility: Laundry in common area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $124k.

Deal economics

• At list price, monthly cash flow is $-84 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $109k (11.9% below list).
• Meets the 1% rule at list price ($2k rent vs $124k).
• Recommended offer: $109k (11.9% below list) — sets the bar for cash-flow.
• Cap rate 5.5% vs local median 3.0% in Orlando — 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 86/100 on livability (#12 in FL, #360 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• 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.
• Zoned schools: Tangelo Park Elementary (math 17% / reading 17%, grade F, #2,121 of 2,144 statewide, top 99%, 457 students, 83% FRL); Southwest Middle (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,385 students, 40% FRL); Dr. Phillips High (math 21% / reading 49%, grade F, #379 of 667 statewide, top 58%, 3,202 students, 44% FRL) — zoned schools at 55% FRL track the district average.
• Zoned-school proficiency averages 34% at this address vs 48% district-wide (-14 pts) — the specific schools serving this property underperform the Orange average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.7%/yr); 320 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $857 of loan paydown is wiped out by about $4k 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

• It's been on market 49 days — a 3% lower offer ($120k) is reasonable based on typical stale-listing flexibility.
• 2 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 $106k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.

Recommended offer $109,186 (11.9% 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. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.39% ✓
• Cap rate: 5.48%
• Cash-on-cash: -2.90%
• DSCR: 0.87
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -23.2%
• Equity multiple: 0.22×
• Total profit: $-27,242
• Equity at exit: $18,489

10-year hold

• IRR: -23.9%
• Equity multiple: -0.09×
• Total profit: $-37,804
• Equity at exit: $10,721

Cash invested: $34,720 (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: 320
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,728 medium
• Mortgage (P&I): −$650
• Tax from tax record: −$128 /mo · $1,538/yr
• Insurance: −$52
• HOA: −$619
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $-84

Break-even live

Break-even rent $1,834

Max offer price $109,186

Occupancy floor 100%

Sensitivity live

Price	-10% $-14	-5% $-49	+0% $-84	+5% $-119	+10% $-154
Rent	-10% $-220	-5% $-152	+0% $-84	+5% $-16	+10% $53
Rate	-1.0pp $-21	-0.5pp $-52	base $-84	+0.5pp $-116	+1.0pp $-149

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: $31,000
• Closing costs: $3,720
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8750 Universal Blvd Orlando, FL	—	1.0	300	$2,369	$7.90	9d	1	0.90mi

HOA detail condo

• Monthly dues: $619 · $7,428/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 7 events

1. 2026-06-21
   days on market $124,000 Active 49 DOM
2. 2026-06-18
   days on market $124,000 Active 46 DOM
3. 2026-06-17
   days on marketlisting id $124,000 Active 45 DOM
4. 2026-06-16
   days on market $124,000 Active 4 DOM
5. 2026-06-15
   days on market $124,000 Active 3 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $124,000 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: $1,538 · $128/mo
• Projected year-2 tax: $1,538 · $128/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,738
• − Mortgage interest: −$6,946
• − Property taxes: −$1,538
• − Insurance: −$620
• − Repairs & maintenance: −$1,659
• − Management: −$1,659
• − HOA: −$7,428
• − Depreciation: −$3,607
• Taxable loss: −$2,719
• Est. tax savings @ 24.0%: +$653
• After-tax cash flow: $-354/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 — Orlando

• Score: 86/100
• State rank: #12
• US rank: #360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 1,471,359 people
• City population: 964,969
• 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

-36.7% since first listed

8 events — show timeline

• 2026-06-12 Listed $124,000 Stellar MLS as Distributed by MLS Grid
• 2026-06-11 Price Changed $124,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $132,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-11 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Listed $136,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-02 Sold (Public Records) $106,000 Public Records
• 2017-06-22 Sold (Public Records) $52,000 Public Records
• 2008-01-17 Sold (Public Records) $196,000 Public Records

Property tax history

+8.6%/yr

Latest (2025): $1,538 · +14.3% YoY. Source: county tax records.