1027 Vermont Ave · Lady Lake, FL 32159

$160,000

2 bd · 1.0 ba · 872 sqft · Manufactured public records · 21 Days on market

Built 1973 7,000 sqft 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 +27.0/30.0
• DSCR +9.4/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Schools +4.2/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into your new home in the prime and desirable Villages Community! This No Bond home is located in the Orange Blossom Gardens district. It is a Three bedroom, Two bathroom, 1,335 sqft home that features a sun room and screened in patio. In addition to these rooms, the home boasts of ample storage space, with an updated HVAC, and a Golf car garage that includes your cart awaiting you for all journeys! This home comes furnished, move-in ready and grants you nearby access to the Mark Twain library, Chapel of All faith, Paradise Regional pool and recreation center, Orange Blossom Hills Country club, Paradise dog park, a view of the Hill top Golf course and lake from your backyard but most importantly, a golf cart ride near to the popular Village center which hosts a plethora of shops, restaurants and spaces for entertainment! If you're looking for a home that is in a great location, peaceful, ideal for vacation, and beautiful enough to make your own, consider yourself a Villager and make this your HOME!

Key facts

• Ample storage space
• Sun room
• Lake view

Tags

• SUN ROOM
• SCREENED IN PATIO
• AMPLE STORAGE SPACE
• UPDATED HVAC
• GOLF CAR GARAGE
• LAKE VIEW

Property features AI

Finance

• Other: Furnished; Located on paved/asphalt road
• HOA & community: Senior community

Exterior

• Parking: Has carport (1 carport space)
• Utilities: Public water; Public sewer; Other utilities
• Home design: Residential mobile home (single wide); One level; Faces south; Homesteaded
• Construction: Other construction materials; Other roof type; Crawlspace foundation; Built on a lot of about 0.16 acres
• Exterior features: Other exterior features

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan
• Laundry & utility: Laundry: other (unspecified)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $450 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $158k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.7% vs local median 4.1% in Lady Lake — 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 69/100 on livability (#457 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment D, amenities F, commute F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.0%/yr); 576 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 40% of the median local income ($59k/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 $5k of value loss. Plan a longer hold.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y ago 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 $74k; list at $160k implies a 116% 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $157,600 (1.5% below list)

Questions for the listing agent

1. Built in 1973 — 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 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?
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: 1.22% ✓
• Cap rate: 9.67%
• Cash-on-cash: 12.06%
• DSCR: 1.54
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.03% rent growth · sell at horizon

5-year hold

• IRR: 2.8%
• Equity multiple: 1.11×
• Total profit: $4,807
• Equity at exit: $23,857

10-year hold

• IRR: 13.3%
• Equity multiple: 2.11×
• Total profit: $49,742
• Equity at exit: $13,834

Cash invested: $44,800 (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 32159

• Home prices YoY: -16.0%
• Rents YoY: 4.0%
• Active inventory: 576
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,950 high
• Mortgage (P&I): −$839
• Tax from tax record: −$185 /mo · $2,215/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $450

Break-even live

Break-even rent $1,380

Max offer price $160,000

Occupancy floor 72%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
739 Heathrow Ave Lady Lake, FL	2.0	2.0	1040	$2,250	$2.16	2d	1	0.46mi
804 Weeping Willow Ave Lady Lake, FL	2.0	1.0	672	$1,300	$1.93	16d	1	0.46mi
1532 W Schwartz Blvd Lady Lake, FL	2.0	2.0	1092	$2,950	$2.70	24d	1	0.46mi
1214 Dustin Dr Lady Lake, FL	2.0	2.0	1040	$1,400	$1.35	24d	1	0.61mi
1715 Pebble Beach Ln Lady Lake, FL	2.0	2.0	1040	$3,500	$3.37	24d	1	0.75mi
909 Orchid St Lady Lake, FL	2.0	1.0	936	$1,600	$1.71	24d	1	0.81mi
13740 Lead LN The Villages, FL	1.0–3.0	1.0–2.0	1029	$1,720	$1.67	21d	38	0.82mi
13765 NE 136th Loop Lady Lake, FL	1.0–3.0	1.0–2.0	1078	$1,639	$1.52	21d	36	0.88mi
716 Dominguez Dr Lady Lake, FL	2.0	2.0	1094	$2,450	$2.24	21d	1	1.08mi
508 Tarrson Blvd Unit 1525263P Lady Lake, FL	2.0	2.0	1011	$1,262	$1.25	12d	1	1.22mi
613 Enconto St Unit 1525268P The Villages, FL	2.0	2.0	1097	$1,788	$1.63	21d	1	1.30mi

Listing history 24 events

1. 2026-06-18
   days on market $160,000 Active 21 DOM
2. 2026-06-17
   days on market $160,000 Active 20 DOM
3. 2026-06-16
   days on market $160,000 Active 19 DOM
4. 2026-06-15
   days on market $160,000 Active 18 DOM
5. 2026-06-13
   days on market $160,000 Active 16 DOM
6. 2026-06-09
   days on market $160,000 Active 12 DOM
7. 2026-06-08
   days on market $160,000 Active 11 DOM
8. 2026-06-07
   days on market $160,000 Active 10 DOM
9. 2026-06-04
   days on market $160,000 Active 7 DOM
10. 2026-06-03
    days on market $160,000 Active 6 DOM
11. 2026-06-02
    days on market $160,000 Active 5 DOM
12. 2026-06-01
    days on market $160,000 Active 4 DOM
13. 2026-05-31
    days on market $160,000 Active 3 DOM
14. 2026-05-28
    listed $160,000 Active 1018-char remark

    Show marketing remark (1018 chars)

    Step into your new home in the prime and desirable Villages Community! This No Bond home is located in the Orange Blossom Gardens district. It is a Three bedroom, Two bathroom, 1,335 sqft home that features a sun room and screened in patio. In addition to these rooms, the home boasts of ample storage space, with an updated HVAC, and a Golf car garage that includes your cart awaiting you for all journeys! This home comes furnished, move-in ready and grants you nearby access to the Mark Twain library, Chapel of All faith, Paradise Regional pool and recreation center, Orange Blossom Hills Country club, Paradise dog park, a view of the Hill top Golf course and lake from your backyard but most importantly, a golf cart ride near to the popular Village center which hosts a plethora of shops, restaurants and spaces for entertainment! If you're looking for a home that is in a great location, peaceful, ideal for vacation, and beautiful enough to make your own, consider yourself a Villager and make this your HOME!

15. 2026-05-28
    listed $160,000 Active

    Show marketing remark (1018 chars)

    Step into your new home in the prime and desirable Villages Community! This No Bond home is located in the Orange Blossom Gardens district. It is a Three bedroom, Two bathroom, 1,335 sqft home that features a sun room and screened in patio. In addition to these rooms, the home boasts of ample storage space, with an updated HVAC, and a Golf car garage that includes your cart awaiting you for all journeys! This home comes furnished, move-in ready and grants you nearby access to the Mark Twain library, Chapel of All faith, Paradise Regional pool and recreation center, Orange Blossom Hills Country club, Paradise dog park, a view of the Hill top Golf course and lake from your backyard but most importantly, a golf cart ride near to the popular Village center which hosts a plethora of shops, restaurants and spaces for entertainment! If you're looking for a home that is in a great location, peaceful, ideal for vacation, and beautiful enough to make your own, consider yourself a Villager and make this your HOME!

16. 2010-12-21
    soldstatus $74,000
17. 2009-11-30
    historical
18. 2009-05-13
    listed $119,900
19. 2007-11-16
    listed $124,500
20. 2005-06-15
    soldstatus $88,900
21. 2005-06-13
    soldstatus $88,900
22. 2005-05-06
    listed $88,900
23. 2003-06-11
    soldstatus $72,000
24. 2000-05-23
    soldstatus $30,000

ⓘ 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: $2,215 · $185/mo
• Projected year-2 tax: $2,215 · $185/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°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 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,400
• − Mortgage interest: −$8,962
• − Property taxes: −$2,215
• − Insurance: −$800
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − Depreciation: −$4,655
• Taxable income: $3,024
• Est. tax owed @ 24.0%: −$726
• After-tax cash flow: $4,676/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: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Lady Lake

• Score: 69/100
• State rank: #457
• US rank: #8302

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lake County · 364,602 people
• City population: 32,107
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 32,107
• Household income: $58,518
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 1047.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 6% Two or more races 5% Black 4% Asian 1%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.24%
• Current HPI: 237.6208
• Rent YoY: ▲ 4.03%
• 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

+433.3% since first listed

11 events — show timeline

• 2026-05-28 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-28 Listed $160,000 HCAR
• 2010-12-21 Sold (Public Records) $74,000 Public Records
• 2009-11-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-05-13 Listed $119,900 Stellar MLS as Distributed by MLS Grid
• 2007-11-16 Listed $124,500 Stellar MLS as Distributed by MLS Grid
• 2005-06-15 Sold (Public Records) $88,900 Public Records
• 2005-06-13 Sold (MLS) $88,900 Stellar MLS as Distributed by MLS Grid
• 2005-05-06 Listed $88,900 Stellar MLS as Distributed by MLS Grid
• 2003-06-11 Sold (Public Records) $72,000 Public Records
• 2000-05-23 Sold (Public Records) $30,000 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,215 · +10.2% YoY. Source: county tax records.