14351 SW Divot Dr Unit A-44 · Indiantown, FL 34956

$129,900

2 bd · 2.0 ba · 1,343 sqft · Manufactured · 97 Days on market

Built 2026 Good condition $97/sqft · 457% above area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +8.3/10.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Condition / age +4.0/5.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Welcome to this beautifully upgraded 2 bed, 2 bath home with a study, offering modern comfort and style throughout. Enjoy a bright interior with recessed and LED lighting, ceiling fans, luxury plank flooring, and elegant crown molding. The spacious layout includes a walk-in closet, smooth glide drawers, and a versatile den/office space. The kitchen features stainless steel appliances, including a refrigerator with ice maker, microwave, dishwasher, electric stove, and garbage disposal, along with a convenient laundry room with hookups. Outside, you'll find a screened porch, front porch, professional landscaping, gutters, and concrete stairs. A double tandem carport and shed with electricity provide added storage and functionality. Move-in ready and designed for easy living-schedule your tour today!

Key facts

• Screened-in porch
• Walk-in closet
• 2 garage spots

Tags

• WALK-IN CLOSET
• DEDICATED LAUNDRY ROOM
• SCREENED-IN PORCH

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $130k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $936 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.9% vs local median 10.9% in Indiantown — 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 59/100 on livability (#829 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Martin (suburban): math 52% / reading 53% proficiency, ranked #24 of 73 in FL (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 135 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($898 loan paydown + $9k appreciation (6.7% local appreciation)).
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (6.7% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

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

Recommended offer $118,209 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% 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 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?
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: 1.79% ✓
• Cap rate: 14.94%
• Cash-on-cash: 30.87%
• DSCR: 2.37
• GRM: 4.7

CMA / ARV

• ARV (median comp): $23,329
• List price: $129,900
• Delta: 456.81%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15988 SW Indianwood Cir Unit F-39	0.15mi	2/2.0	1,232 (-8%)	1mo	$21,900	$18	78
14532 SW Divot Dr	0.16mi	2/2.0	1,232 (-8%)	1mo	$25,000	$20	78
14473 SW Rake Dr	0.12mi	2/2.0	1,456 (+8%)	6mo	$10,000	$7	75
16222 SW Five Wood Way	0.23mi	2/2.0	1,456 (+8%)	1mo	$1,000	$1	75
14621 SW Divot Dr Unit A-17	0.24mi	2/2.0	1,456 (+8%)	2mo	$25,000	$17	73
16241 SW Sw Five Wood Way Unit J-15	0.24mi	2/2.0	1,456 (+8%)	2mo	$20,000	$14	73
14581 Divot Dr SW	0.21mi	2/2.0	1,456 (+8%)	4mo	$32,000	$22	72
16387 SW Two Wood Way	0.37mi	2/2.0	1,271 (-5%)	8mo	$10,000	$8	67
16446 SW Three Wood Way	0.36mi	2/2.0	1,456 (+8%)	5mo	$20,000	$14	65
14389 SW Sand Wedge Dr	0.47mi	2/2.0	1,456 (+8%)	2mo	$34,000	$23	62
16375 SW Three Wood Way	0.33mi	2/2.0	1,232 (-8%)	11mo	$12,000	$10	62
16328 SW Indianwood Cir	0.42mi	2/2.0	1,456 (+8%)	8mo	$8,000	$5	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.65% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 42.6%
• Equity multiple: 3.81×
• Total profit: $102,210
• Equity at exit: $87,066

10-year hold

• IRR: 39.2%
• Equity multiple: 7.95×
• Total profit: $252,918
• Equity at exit: $162,780

Cash invested: $36,372 (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 34956

• Home prices YoY: 1.2%
• Active inventory: 135
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,321 medium
• Mortgage (P&I): −$681
• Tax est. 1.5%: −$162 /mo · $1,948/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $936

Break-even live

Break-even rent $1,136

Max offer price $129,900

Occupancy floor 55%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15817 SW Winter Rd Indiantown, FL	3.0	2.5	1428	$2,300	$1.61	14d	1	0.34mi
15760 SW Hammock Way Indiantown, FL	3.0–4.0	2.0–3.5	1918	$2,420	$1.26	1d	41	1.21mi

Listing history 16 events

1. 2026-06-18
   days on market $129,900 Active 97 DOM
2. 2026-06-17
   days on market $129,900 Active 96 DOM
3. 2026-06-16
   days on market $129,900 Active 95 DOM
4. 2026-06-15
   days on market $129,900 Active 94 DOM
5. 2026-06-14
   days on market $129,900 Active 92 DOM
6. 2026-06-13
   days on market $129,900 Active 91 DOM
7. 2026-06-10
   days on market $129,900 Active 89 DOM
8. 2026-06-09
   days on market $129,900 Active 88 DOM
9. 2026-06-08
   days on market $129,900 Active 87 DOM
10. 2026-06-07
    days on market $129,900 Active 86 DOM
11. 2026-06-03
    days on market $129,900 Active 82 DOM
12. 2026-06-02
    days on market $129,900 Active 81 DOM
13. 2026-06-01
    days on market $129,900 Active 80 DOM
14. 2026-05-31
    days on market $129,900 Active 79 DOM
15. 2026-05-31
    days on market $129,900 Active 78 DOM
16. 2026-03-14
    listed $129,900 Active 808-char remark

    Show marketing remark (808 chars)

    Welcome to this beautifully upgraded 2 bed, 2 bath home with a study, offering modern comfort and style throughout. Enjoy a bright interior with recessed and LED lighting, ceiling fans, luxury plank flooring, and elegant crown molding. The spacious layout includes a walk-in closet, smooth glide drawers, and a versatile den/office space. The kitchen features stainless steel appliances, including a refrigerator with ice maker, microwave, dishwasher, electric stove, and garbage disposal, along with a convenient laundry room with hookups. Outside, you'll find a screened porch, front porch, professional landscaping, gutters, and concrete stairs. A double tandem carport and shed with electricity provide added storage and functionality. Move-in ready and designed for easy living-schedule your tour today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,848
• − Mortgage interest: −$7,276
• − Property taxes: −$1,948
• − Insurance: −$650
• − Repairs & maintenance: −$2,228
• − Management: −$2,228
• − Depreciation: −$3,779
• Taxable income: $9,739
• Est. tax owed @ 24.0%: −$2,337
• After-tax cash flow: $8,890/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.

Condition & rehab AI · 2 photos

Good 80/100 Cosmetic rehab

This beautifully upgraded 2-bedroom, 2-bathroom home with a study offers modern comfort and style. The property is in good condition with no visible repairs needed, making it move-in ready.

Value-add opportunities

• Both Painting exterior siding — Enhances curb appeal and value
• Both Landscaping improvements — Enhances curb appeal and value
• Both Replace light fixtures with energy-efficient LED — Saves on energy costs and enhances aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior siding — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both Replace light fixtures with energy-efficient LED — Saves on energy costs and enhances aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Martin
• NCES district ID: 1201290
• Math proficiency: 52% ▼ -14.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $52,482
• Composite: 45.1/100
• National rank: #2690
• State rank: #24 of 73 in FL

Livability — Indiantown

• Score: 59/100
• State rank: #829
• US rank: #20298

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indiantown, FL
• Population (ZIP): 9,639

Population outlook (Martin County) Hauer SSP2

• Today (2025): 172,383 people
• By 2030: 180,192 · +4.5%
• By 2040: 194,114 · +12.6%
• By 2050: 204,992 · +18.9%
• By 2075: 229,641 · +33.2%
• By 2100: 232,146 · +34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 49% Black 24% White 24% Two or more races 16% Native American 5% Asian 1%
• Hispanic origin (detail): Mexican 21% Puerto Rican 4% Cuban 1%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 22% · Canada
• Languages at home: 55% English-only · Spanish 42%

Political lean MEDSL · Martin

• 2024 margin: Solid R (+31.1) · D 34.1% · R 65.2%
• 2008→2024 swing: -17.5pp toward R · 2008: -13.6pp · 2024: -31.1pp
• All cycles: 2024: R+31.1 2020: R+24.6 2016: R+26.9 2012: R+22.9 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.65%
• Current HPI: 561.896
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-03-14 Listed $129,900 Zillow