1501 Wynnewood Dr · Sanford, FL 32771

$200,000

2 bd · 1.0 ba · 1,011 sqft · SingleFamily public records · 3 Days on market

Built 1958 10,125 sqft lot Est $233k · 14% under

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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 +16.7/30.0
• ARV discount +13.8/15.0
• DSCR +5.2/10.0
• Schools +5.1/10.0
• 1% rule +3.9/10.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. ( Roof, AC and Hotwater heater less then 5 yrs old ) Block home. Welcome to 1501 Wynnewood Dr in the heart of Sanford! This charming property is the perfect opportunity for first-time homebuyers, downsizers, or savvy investors looking to add to their portfolio. Featuring a functional layout with comfortable living spaces, this home offers great potential with plenty of room to make it your own. Enjoy a spacious yard, established neighborhood, and convenient location close to shopping, dining, schools, major highways, and historic downtown Sanford. Whether you’re searching for a beginner home to start your homeownership journey or an income-produ

Key facts

• Spacious yard
• Convenient location
• 0.23 acre lot

Tags

• SPACIOUS YARD
• ESTABLISHED NEIGHBORHOOD
• CONVENIENT LOCATION

Property features AI

Finance

• Other: Homestead exempt; Zoned SR1A; Lot size about 0.23 acres (0 to less than 1/4 acre)

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Public sewer; Cable connected; Electricity connected
• Home design: Single-family residence; One story; Faces north
• Construction: Block construction; Shingle roof; Slab foundation; Built area approximately 1,011 square feet
• Exterior features: Private mailbox; Asphalt road frontage; Lot dimensions approximately 75 x 135

Interior

• Kitchen: Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $123 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (11.4% below list).
• Recommended offer: $177k (11.4% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 3.6% in Sanford — 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 73/100 on livability (#316 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime F, amenities F.
• Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents flat; 561 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,979 units permitted in Seminole County in 2024 (1,191 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.
• Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $99k; list at $200k implies a 102% gain — meaningful room to come down on a strong offer.

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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $177,127 (11.4% below list)

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 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.89% ✗
• Cap rate: 7.03%
• Cash-on-cash: 2.64%
• DSCR: 1.12
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $232,530
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1501 Wynnewood Dr	0.00mi	3/1.0 (+1)	1,011 (0%)	0mo	$196,000	$194	95
2402 Stevens Ave	0.17mi	2/1.0	993 (-2%)	8mo	$140,000	$141	82
2408 Decottes Ave	0.14mi	3/1.0 (+1)	1,125 (+11%)	3mo	$292,000	$260	67
1906 S Summerlin Ave	0.56mi	3/1.0 (+1)	1,015 (+0%)	12mo	$225,000	$222	58
2519 Yale Ave	0.60mi	3/2.0 (+1)	1,059 (+5%)	3mo	$271,000	$256	53
1920 S Summerlin Ave	0.49mi	3/1.0 (+1)	1,122 (+11%)	4mo	$257,000	$229	50
1807 S Summerlin Ave	0.66mi	3/1.0 (+1)	995 (-2%)	21mo	$228,000	$229	44
2429 Willow Ave	0.44mi	3/1.5 (+1)	954 (-6%)	24mo	$260,000	$273	43
2426 Orange Ave	0.53mi	3/1.0 (+1)	1,147 (+14%)	21mo	$264,000	$230	30
2516 Yale Ave	0.63mi	3/1.0 (+1)	891 (-12%)	23mo	$205,000	$230	27

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 · 0.38% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.48×
• Total profit: $-29,150
• Equity at exit: $29,821

10-year hold

• IRR: -11.0%
• Equity multiple: 0.41×
• Total profit: $-33,154
• Equity at exit: $17,292

Cash invested: $56,000 (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 32771

• Rents YoY: 0.4%
• Active inventory: 561
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,771 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$144 /mo · $1,727/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $123

Break-even live

Break-even rent $1,615

Max offer price $200,000

Occupancy floor 88%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
131 Langston Dr Sanford, FL	3.0	1.5	1082	$1,697	$1.57	20d	1	0.30mi
810 E 20th St Sanford, FL	2.0	1.0	1204	$1,750	$1.45	4d	1	0.74mi
1711 Roseberry Ln Sanford, FL	3.0	2.0	984	$2,150	$2.18	4d	1	0.77mi
838 Rosalia Dr Sanford, FL	2.0	1.0	873	$1,600	$1.83	12d	1	0.80mi
1574 Effra Way Sanford, FL	3.0	2.0	1429	$2,270	$1.59	23d	1	0.95mi
619 San Lanta Cir Sanford, FL	3.0	2.0	1092	$1,796	$1.64	14d	1	1.00mi
2420 Daffadil Ter Sanford, FL	3.0	2.0	1097	$1,850	$1.69	17d	1	1.00mi
2441 Church St Sanford, FL	3.0	1.0	1057	$1,550	$1.47	23d	1	1.02mi
2847 Gale Pl Sanford, FL	3.0	1.5	1217	$1,750	$1.44	10d	1	1.07mi
2628 Daffadil Ter Sanford, FL	3.0	2.0	1099	$1,995	$1.82	4d	1	1.08mi
101 E 21st St Sanford, FL	3.0	2.0	896	$2,500	$2.79	23d	1	1.09mi
2522 S Oak Ave Unit A Sanford, FL	2.0	2.0	963	$1,300	$1.35	23d	1	1.13mi
2526 S Oak Ave Unit A Sanford, FL	2.0	2.0	962	$1,500	$1.56	14d	1	1.13mi
2541 Myrtle Ave Unit C Sanford, FL	2.0	2.0	1000	$1,465	$1.47	2d	1	1.15mi
2561 Daffadil Ter Sanford, FL	3.0	2.0	1099	$1,900	$1.73	23d	1	1.16mi
918 E 10th St Unit 918A Sanford, FL	2.0	1.0	745	$945	$1.27	23d	1	1.25mi
2340 Broadway St Sanford, FL	3.0	1.0	1084	$800	$0.74	17d	1	1.25mi
125 Bel Fiore Cv Sanford, FL	3.0	2.5	1371	$1,815	$1.32	16d	1	1.28mi
230 Belvedere Way Sanford, FL	3.0	2.5	1402	$1,700	$1.21	23d	1	1.30mi
308 E 13th St Sanford, FL	2.0	2.0	1129	$1,850	$1.64	23d	1	1.31mi
308 E 13th St Sanford, FL	2.0	2.0	1129	$1,750	$1.55	4d	1	1.31mi
1201 S Palmetto Ave Sanford, FL	2.0	1.0	1200	$2,500	$2.08	23d	1	1.34mi
135 Pinecrest Dr Sanford, FL	3.0	1.0	1132	$1,750	$1.55	23d	1	1.36mi
912 Pine Ave Sanford, FL	2.0	1.0	1122	$1,595	$1.42	23d	1	1.39mi
3291 Sanford Ave Sanford, FL	3.0	1.0–2.0	720	$1,608	$2.23	23d	1	1.40mi
220 Odham Dr Sanford, FL	3.0	2.0	1442	$2,210	$1.53	4d	1	1.46mi
816 W 25th St Sanford, FL	2.0	1.5	1134	$1,299	$1.15	2d	1	1.49mi

Listing history 4 events

1. 2026-05-15
   status Pending
2. 2026-05-11
   listed $200,000 Active
3. 2004-03-02
   soldstatus $99,000
4. 2002-01-05
   soldstatus $79,000

ⓘ 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: $1,727 · $144/mo
• Projected year-2 tax: $1,727 · $144/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $21,255
• − Mortgage interest: −$11,203
• − Property taxes: −$1,727
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,700
• − Management: −$1,700
• − Depreciation: −$5,818
• Taxable loss: −$1,894
• Est. tax savings @ 24.0%: +$455
• After-tax cash flow: $1,933/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: Seminole
• NCES district ID: 1201710
• Math proficiency: 57% ▼ -7.00%
• Reading proficiency: 61% ▼ -1.00%
• Median HH income: $58,478
• Composite: 51.05/100
• National rank: #1769
• State rank: #13 of 73 in FL

Livability — Sanford

• Score: 73/100
• State rank: #316
• US rank: #5359

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sanford, FL
• County: Seminole County · 436,154 people
• City population: 96,638
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 62,606
• Household income: $77,868
• Rent vs Own: 37.7% rent · 62.3% own
• Severe rent burden: 2645.0

Population outlook (Seminole County) Hauer SSP2

• Today (2025): 515,494 people
• By 2030: 545,713 · +5.9%
• By 2040: 598,068 · +16.0%
• By 2050: 640,663 · +24.3%
• By 2075: 724,461 · +40.5%
• By 2100: 755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 43% Black 24% Hispanic / Latino 23% Two or more races 13% Asian 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7% Cuban 2% Dominican 2%
• Common ancestry: Romanian 2% Slovak 1% Italian 1%
• Foreign-born: 18% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 15% Other Indo-European 3% Other Asian/Pacific 1%

Political lean MEDSL · Seminole

• 2024 margin: Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
• 2008→2024 swing: -0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -281.27%
• Current HPI: 299.2738
• Rent YoY: ▲ 0.38%
• 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

+153.2% since first listed

4 events — show timeline

• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-11 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2004-03-02 Sold (Public Records) $99,000 Public Records
• 2002-01-05 Sold (Public Records) $79,000 Public Records

Property tax history

+10.0%/yr

Latest (2025): $1,727 · -23.7% YoY. Source: county tax records.