11 SE Hidalgo Ln · River Park, FL 34952

$49,900

2 bd · 2.0 ba · 945 sqft · Manufactured · 159 Days on market

Built 2005 ↓ 17% since listing

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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
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Meticulously maintained home situated at the end of a quiet cul-de-sac. Home is located in the much sought after Spanish Lakes One Community and comes partially furnished. Lot rent of $862 covers all amenities, taxes, lawn care and trash removal. Amenities include golf, two pools, tennis, pickle ball, bocce, shuffleboard, billiards, ping pong, clubhouse, party room, game room, library, dog park and much much more. Do as much as you like or just relax by the pool. Future residents must be approved by Spanish Lakes. Please call for application.

Key facts

• Partially furnished
• Tennis
• Pickle ball

Tags

• QUIET CUL-DE-SAC
• SPANISH LAKES ONE COMMUNITY
• PARTIALLY FURNISHED
• TWO POOLS
• TENNIS
• PICKLE BALL

Property features AI

Finance

• Financial info: Pets allowed (pet restrictions possible)
• HOA & community: Has association; Association amenities include clubhouse, pool, fitness center, tennis courts, pickleball courts, shuffleboard, bocce ball, golf course, dog park, billiard room, game room, community room, and library; Association provides grounds maintenance, security, trash service, and golf

Exterior

• Parking: Attached carport (1 car; 1 covered space; 1 open space)
• Security: Security patrol
• Utilities: Three-phase electric; Cable available; Water available
• Home design: Manufactured home (model: PALM); Single-story (multi/split levels); Resale; Faces north; Road frontage east of US-1
• Construction: Modular construction; Manufactured roof; Aluminum skirting; Built by Wynne Building Corporation; Mobile dimensions approximately 41' x 23'
• Exterior features: Open patio; Patio; Shed(s); Located on a cul-de-sac; Not waterfront

Interior

• Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Laminate
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Cathedral ceilings; Vaulted ceilings; Kitchen island; Blinds; Partially furnished
• Laundry & utility: Laundry closet inside with washer and dryer hookups

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
• Cap rate 32.6% vs local median 6.4% in River Park — 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 (#451 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: amenities F, employment F, health & safety D-.
• St. Lucie (urban): math 40% / reading 48% proficiency, ranked #51 of 73 in FL (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Manatee Academy K-8 (math 53% / reading 51%, grade C-, #990 of 2,144 statewide, top 48%, 1,664 students, 65% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% FRL); Fort Pierce Central High School (math 15% / reading 45%, grade F, #441 of 667 statewide, top 67%, 3,091 students, 62% FRL).
• Market conditions: Rents rising (+1.9%/yr); 645 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 35% of the median local income ($62k/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 $345 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• St. Lucie County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 159 days. Have you received any prior offers? Is the seller open to a 12% 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: 3.65% ✓
• Cap rate: 32.61%
• Cash-on-cash: 93.98%
• DSCR: 5.18
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $27,405
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 El Camino Real	0.32mi	2/2.0	984 (+4%)	1mo	$15,000	$15	77
12 Nuestra Calle Ln	0.43mi	2/2.0	984 (+4%)	6mo	$26,000	$26	68
46 Spanish Way	0.45mi	2/2.0	984 (+4%)	13mo	$15,000	$15	62
8471 Florence Dr	0.73mi	2/2.0	966 (+2%)	6mo	$110,000	$114	57
66 Spanish Way	0.54mi	2/2.0	984 (+4%)	14mo	$28,900	$29	57
5 Espanola Ln	0.27mi	2/1.5	850 (-10%)	16mo	$33,000	$39	56
18 Cozumel Ln	0.53mi	2/2.0	840 (-11%)	8mo	$20,000	$24	50
541 Natalie Dr	0.68mi	2/2.0	1,032 (+9%)	22mo	$85,000	$82	35

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 · 1.92% rent growth · sell at horizon

5-year hold

• IRR: 93.6%
• Equity multiple: 5.27×
• Total profit: $59,675
• Equity at exit: $7,440

10-year hold

• IRR: 96.2%
• Equity multiple: 10.59×
• Total profit: $133,951
• Equity at exit: $4,314

Cash invested: $13,972 (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 34952

• Home prices YoY: -29.6%
• Rents YoY: 1.9%
• Active inventory: 645
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,822 high
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $748/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $1,094

Break-even live

Break-even rent $437

Max offer price $49,900

Occupancy floor 35%

Sensitivity live

Price	-10% $1,129	-5% $1,111	+0% $1,094	+5% $1,077	+10% $1,060
Rent	-10% $950	-5% $1,022	+0% $1,094	+5% $1,166	+10% $1,238
Rate	-1.0pp $1,119	-0.5pp $1,107	base $1,094	+0.5pp $1,081	+1.0pp $1,068

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	16d	15	0.76mi
7700 Pine Lakes Blvd Port Saint Lucie, FL	1.0–3.0	1.0–2.0	1022	$1,878	$1.84	16d	16	0.88mi
124 E Arbor Ave Port Saint Lucie, FL	3.0	1.0	964	$2,550	$2.65	16d	1	1.01mi
13 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,375	$1.72	25d	1	1.13mi
11 Lake Vista Trl #206 Port Saint Lucie, FL	2.0	2.0	1080	$1,400	$1.30	25d	1	1.20mi
8 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,500	$1.88	25d	1	1.22mi
28 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,600	$2.00	25d	1	1.27mi
30 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,300	$1.62	25d	1	1.29mi
4 Lake Vista Trl #202 Port Saint Lucie, FL	2.0	2.0	1080	$1,700	$1.57	23d	1	1.31mi
326 Shady Ln Port Saint Lucie, FL	3.0	2.0	1030	$2,250	$2.18	25d	1	1.34mi

Listing history 20 events

1. 2026-06-22
   remarks 549-char remark
2. 2026-06-21
   days on market $49,900 Active 159 DOM
3. 2026-06-18
   days on market $49,900 Active 156 DOM
4. 2026-06-17
   days on market $49,900 Active 155 DOM
5. 2026-06-16
   days on market $49,900 Active 154 DOM
6. 2026-06-15
   days on market $49,900 Active 153 DOM
7. 2026-06-14
   days on market $49,900 Active 151 DOM
8. 2026-06-13
   days on market $49,900 Active 150 DOM
9. 2026-06-10
   days on market $49,900 Active 148 DOM
10. 2026-06-09
    days on market $49,900 Active 147 DOM
11. 2026-06-08
    days on market $49,900 Active 146 DOM
12. 2026-06-07
    days on market $49,900 Active 145 DOM
13. 2026-06-05
    days on market $49,900 Active 142 DOM
14. 2026-06-03
    days on market $49,900 Active 141 DOM
15. 2026-06-02
    days on market $49,900 Active 140 DOM
16. 2026-06-01
    days on market $49,900 Active 139 DOM
17. 2026-05-31
    days on market $49,900 Active 138 DOM
18. 2026-05-30
    days on market $49,900 Active 137 DOM
19. 2026-03-30
    price $49,900
20. 2026-01-13
    listed $59,900 Active

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,859
• − Mortgage interest: −$2,795
• − Property taxes: −$748
• − Insurance: −$250
• − Repairs & maintenance: −$1,749
• − Management: −$1,749
• − Depreciation: −$1,452
• Taxable income: $13,117
• Est. tax owed @ 24.0%: −$3,148
• After-tax cash flow: $9,983/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: St. Lucie
• NCES district ID: 1201770
• Math proficiency: 40% ▼ -11.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $44,737
• Composite: 37.28/100
• National rank: #4449
• State rank: #51 of 73 in FL

Livability — River Park

• Score: 69/100
• State rank: #451
• US rank: #8159

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 42,655
• Household income: $61,628
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 1759.0

Population outlook (St. Lucie County) Hauer SSP2

• Today (2025): 338,016 people
• By 2030: 355,687 · +5.2%
• By 2040: 385,521 · +14.1%
• By 2050: 406,106 · +20.1%
• By 2075: 441,054 · +30.5%
• By 2100: 436,885 · +29.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 62% Hispanic / Latino 19% Two or more races 14% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Hispanic 1%
• Foreign-born: 18% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 16% French/Haitian/Cajun 3% Tagalog/Filipino 2%

Political lean MEDSL · St. Lucie

• 2024 margin: Lean R (+9.1) · D 45.1% · R 54.2%
• 2008→2024 swing: -21.2pp toward R · 2008: 12.1pp · 2024: -9.1pp
• All cycles: 2024: R+9.1 2020: R+1.6 2016: R+2.5 2012: D+7.9 2008: D+12.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -155.80%
• Current HPI: 371.0573
• Rent YoY: ▲ 1.92%
• Metro: Port St. Lucie, 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

-16.7% since first listed

2 events — show timeline

• 2026-03-30 Price Changed $49,900 Beaches MLS
• 2026-01-13 Listed $59,900 Beaches MLS