915 Lantania Pl · Oviedo, FL 32765

$125,000

2 bd · 2.0 ba · 1,440 sqft · Manufactured · 31 Days on market

Built 2018 Good condition Est $128k · at est.

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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 +8.6/15.0
• Schools +5.1/10.0
• Livability +4.0/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome Home to this beautifully maintained home nestled in one of Oviedo’s desirable active 55+ communities! This spacious residence features an OPEN FLOOR PLAN with HIGH CEILINGS, abundant natural light, and a large ISLAND EAT-IN KITCHEN perfect for entertaining or everyday living. In addition to the generously sized bedrooms, the home also offers a versatile DEN currently being used as a home office, but easily adaptable as a THIRD BEDROOM, hobby room, or flex space to fit your needs. Enjoy the convenience of INSIDE LAUNDRY, generous CLOSET STORAGE throughout, and TWO LARGE SCREENED PORCHES ideal for relaxing and enjoying the Florida lifestyle. Conveniently located near major shopp

Key facts

• Closet storage
• Open floor plan
• Swimming pool

Tags

• OPEN FLOOR PLAN
• ISLAND EAT-IN KITCHEN
• INSIDE LAUNDRY
• CLOSET STORAGE
• LARGE SCREENED PORCHES
• SWIMMING POOL

Property features AI

Finance

• Other: Unfurnished
• Financial info: Land lease: $1,040
• HOA & community: Has HOA (association name: Susan Haupt); HOA covers pool, grounds maintenance, private road, recreational facilities; Community features include clubhouse, fitness center, pool, tennis courts, sidewalks, deed restrictions; Golf carts allowed; No truck/RV/motorcycle parking; Senior community; Pets allowed

Exterior

• Parking: Carport (1 space)
• Utilities: Electricity connected; Water connected; Sewer connected (private sewer); Cable available; Private utilities
• Home design: Manufactured home (double wide); One story; North facing; Residential property
• Construction: Metal siding; Shingle roof; Crawlspace foundation; Built as a manufactured double wide
• Exterior features: Outdoor lighting; Exterior storage

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Linoleum
• Bathrooms: 2 full baths
• Heating & cooling: Central heating; Central air
• Interior features: Cathedral ceilings; Ceiling fans; Eat-in kitchen; High ceilings; Open floorplan; Window treatments
• Laundry & utility: Washer; Dryer; Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $125k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $775 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.7% vs local median 3.0% in Oviedo — 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 80/100 on livability (#112 in FL, #1,732 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities C-, cost of living D, commute 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.
• Zoned schools: Carillon Elementary School (math 67% / reading 72%, grade A-, #364 of 2,144 statewide, top 19%, 985 students, 29% FRL); Hagerty High School (math 67% / reading 74%, grade B+, #55 of 667 statewide, top 8%, 2,495 students, 23% FRL).
• Market conditions: Rents flat; 446 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $864 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 0.2% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($121k) 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 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-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: 1.66% ✓
• Cap rate: 13.73%
• Cash-on-cash: 26.57%
• DSCR: 2.18
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $128,160
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3685 Coconut Palm Cir	0.38mi	2/2.0	1,344 (-7%)	3mo	$120,000	$89	68
4030 Sugar Palm Ter	0.26mi	2/2.0	1,289 (-10%)	6mo	$22,500	$17	65
4071 Madre Dr	0.51mi	2/2.0	1,344 (-7%)	2mo	$75,000	$56	64
4063 Madre Dr	0.51mi	3/2.0 (+1)	1,456 (+1%)	8mo	$139,000	$95	62

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 · 0.18% rent growth · sell at horizon

5-year hold

• IRR: 17.2%
• Equity multiple: 1.67×
• Total profit: $23,414
• Equity at exit: $18,638

10-year hold

• IRR: 23.6%
• Equity multiple: 2.77×
• Total profit: $61,875
• Equity at exit: $10,808

Cash invested: $35,000 (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 32765

• Home prices YoY: -19.6%
• Rents YoY: 0.2%
• Active inventory: 446
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,075 high
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $775

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 58%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3404 Kayla Cir Oviedo, FL	3.0	2.0	1806	$2,495	$1.38	16d	1	0.52mi
3420 Harrow Ln Oviedo, FL	2.0	2.5	1136	$1,995	$1.76	23d	1	0.64mi
3431 Harrow Ln Oviedo, FL	3.0	2.0	1136	$2,145	$1.89	23d	1	0.64mi
3755 Collingwood Ln Oviedo, FL	3.0	2.5	1828	$2,200	$1.20	4d	1	0.73mi
3812 Silverbell Loop Oviedo, FL	3.0	2.5	1480	$2,450	$1.66	4d	1	0.85mi
4647 Lacebark Trl Oviedo, FL	3.0	2.5	1480	$950	$0.64	23d	1	0.90mi
3426 Caruso Pl Oviedo, FL	3.0	3.5	1480	$2,200	$1.49	23d	1	0.95mi
4338 Aristocrat Pt Oviedo, FL	3.0	2.5	1480	$2,200	$1.49	4d	1	0.97mi
116 Reserve Cir #204 Oviedo, FL	2.0	2.0	975	$1,000	$1.03	23d	1	0.97mi
505 Walnut Grove Pl Oviedo, FL	3.0	2.0	1360	$2,150	$1.58	23d	1	1.00mi
144 Reserve Cir #100 Oviedo, FL	2.0	2.0	1098	$1,599	$1.46	14d	1	1.03mi
209 Reserve Cir Unit 101 Oviedo, FL	2.0	2.0	975	$2,000	$2.05	23d	1	1.06mi
141 Reserve Cir #213 Oviedo, FL	2.0	2.0	985	$1,700	$1.73	10d	1	1.06mi
141 Reserve Cir #213 Oviedo, FL	2.0	2.0	985	$1,700	$1.73	4d	1	1.06mi
149 Reserve Cir #201 Oviedo, FL	2.0	2.0	985	$1,499	$1.52	10d	1	1.07mi
2980 Grandeville Cir Oviedo, FL	1.0–3.0	1.0–2.0	1365	$2,042	$1.50	2d	31	1.13mi
13820 Eagleridge Ct Orlando, FL	3.0	2.0	1248	$2,300	$1.84	21d	1	1.18mi
2590 Greenhill Way Oviedo, FL	1.0–2.0	1.0–2.0	1062	$2,020	$1.90	1d	18	1.24mi
14540 Lycastle Cir Orlando, FL	3.0	2.0	1264	$2,250	$1.78	4d	1	1.35mi
14509 Lycastle Cir Orlando, FL	3.0	2.0	1265	$2,000	$1.58	21d	1	1.36mi
13743 Riverpath Grove Dr Orlando, FL	3.0	2.0	1860	$2,380	$1.28	21d	1	1.36mi
3548 Stonefield Dr Orlando, FL	3.0	2.0	1264	$2,150	$1.70	23d	1	1.37mi
3548 Stonefield Dr Orlando, FL	3.0	2.0	1264	$2,150	$1.70	3d	1	1.37mi
1029 Beckstrom Dr Oviedo, FL	3.0	2.0	1446	$2,465	$1.70	3d	1	1.38mi

Listing history 15 events

1. 2026-06-18
   days on market $125,000 Active 31 DOM
2. 2026-06-17
   days on market $125,000 Active 30 DOM
3. 2026-06-16
   days on market $125,000 Active 29 DOM
4. 2026-06-15
   price $125,000 Active 28 DOM
5. 2026-06-15
   days on market $129,000 Active 28 DOM
6. 2026-06-13
   days on market $129,000 Active 26 DOM
7. 2026-06-09
   days on market $129,000 Active 22 DOM
8. 2026-06-08
   days on market $129,000 Active 21 DOM
9. 2026-06-07
   days on market $129,000 Active 20 DOM
10. 2026-06-04
    days on market $129,000 Active 17 DOM
11. 2026-06-03
    days on market $129,000 Active 16 DOM
12. 2026-06-02
    days on market $129,000 Active 15 DOM
13. 2026-06-01
    days on market $129,000 Active 14 DOM
14. 2026-05-31
    days on market $129,000 Active 13 DOM
15. 2026-05-18
    listed $129,000 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 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,895
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,992
• − Management: −$1,992
• − Depreciation: −$3,636
• Taxable income: $7,773
• Est. tax owed @ 24.0%: −$1,866
• After-tax cash flow: $7,435/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 · 12 photos

Good 75/100 Cosmetic rehab

This home is in good condition with a good exterior and interior. It has a good roof, flooring, and foundation. The home is located in a desirable active 55+ community and has two large screened porches. The home is move-in ready and has good curb appeal.

Value-add opportunities

• Both Paint exterior siding — Painting the exterior siding can enhance the home's curb appeal and increase its value.
• Both Inspect and clean gutters — Inspecting and cleaning gutters can prevent water damage and improve the home's overall appearance.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Painting the exterior siding can enhance the home's curb appeal and increase its value. ↑
• Both Inspect and clean gutters — Inspecting and cleaning gutters can prevent water damage and improve the home's overall appearance. ↑

ⓘ 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: 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 — Oviedo

• Score: 80/100
• State rank: #112
• US rank: #1732

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Seminole County · 436,154 people
• City population: 80,698
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 64,477
• Household income: $102,167
• Rent vs Own: 28.9% rent · 71.1% own
• Severe rent burden: 2059.0

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 0.60)
• Race & ethnicity: White 58% Hispanic / Latino 23% Two or more races 15% Black 8% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 9% Cuban 3% Dominican 1%
• Common ancestry: Romanian 3% Lithuanian 3% Italian 2%
• Foreign-born: 14% · Canada, China, Jamaica
• Languages at home: 76% English-only · Spanish 16% Other Indo-European 2% Chinese 2%

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: ▼ -76.94%
• Current HPI: 315.5484
• Rent YoY: ▲ 0.18%
• 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

1 event — show timeline

• 2026-05-18 Listed $129,000 Stellar MLS as Distributed by MLS Grid