325 Elizabeth Ave · Mascotte, FL 34753

$244,900

3 bd · 2.0 ba · 1,089 sqft · SingleFamily public records · 162 Days on market

Built 1998 0.26 ac lot Est $209k · 17% over

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Why this score? — see what drove the D+ 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 +16.5/30.0
• Appreciation +10.0/10.0
• DSCR +5.1/10.0
• Schools +4.2/10.0
• 1% rule +4.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks

Sold As Is 3 bedroom 2 bath home with a large backyard No HOA Fees bring Your trucks, Boat, RV . This home is in a great location close to all Major highways . Minutes to Clermont . With just a TLC Your going to have a great home

Key facts

• Large backyard
• 0.26 acre lot
• Garage

Tags

• LARGE BACKYARD
• CLOSE TO ALL MAJOR HIGHWAYS

Property features AI

Finance

• Other: Lot size approximately 0.26 acres (about 1/4 to less than 1/2 acre)
• Financial info: Homestead exempt; No lease restrictions indicated
• HOA & community: No HOA association indicated

Exterior

• Parking: 1-car garage
• Utilities: Septic tank; Electricity available and connected; Cable available and connected; Sewer available
• Home design: Single family residence; One story; Faces west
• Construction: Block construction; Shingle roof; Block and slab foundation; Built on one level
• Exterior features: Paved road access; Lot dimensions approximately 75 x 150

Interior

• Kitchen: Range; Range hood; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Split bedroom floor plan
• Laundry & utility: Laundry area located in the garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $143 ($2k/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 $221k (9.9% below list).
• Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 4.8% in Mascotte — 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 71/100 on livability (#405 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools 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: 98 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 32% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $69k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 162 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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 $12k; list at $245k implies a 1941% 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; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 162 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 D-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.90% ✗
• Cap rate: 7.00%
• Cash-on-cash: 2.51%
• DSCR: 1.11
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $209,088
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
120 Brittany Rd	0.22mi	3/2.0	1,123 (+3%)	1mo	$295,000	$263	83
118 N Sunset Ave	0.54mi	3/2.0	1,174 (+8%)	2mo	$120,000	$102	60
10 Bay Ridge Loop	0.67mi	3/2.0	1,195 (+10%)	9mo	$230,000	$192	45
5001 Pine Needle Dr	0.72mi	3/2.0	1,228 (+13%)	7mo	$275,000	$224	39
15 E Mohawk St	0.61mi	2/1.0 (-1)	992 (-9%)	14mo	$155,000	$156	36

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.1%
• Equity multiple: 3.08×
• Total profit: $142,488
• Equity at exit: $220,625

10-year hold

• IRR: 22.9%
• Equity multiple: 7.01×
• Total profit: $412,374
• Equity at exit: $475,787

Cash invested: $68,572 (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 34753

• Home prices YoY: 7.2%
• Active inventory: 98
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,206 medium
• Mortgage (P&I): −$1,284
• Tax from tax record: −$213 /mo · $2,556/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$463
• Net cashflow: $143

Break-even live

Break-even rent $2,025

Max offer price $244,900

Occupancy floor 88%

Sensitivity live

Price	-10% $282	-5% $213	+0% $143	+5% $74	+10% $5
Rent	-10% $-31	-5% $56	+0% $143	+5% $231	+10% $318
Rate	-1.0pp $267	-0.5pp $206	base $143	+0.5pp $80	+1.0pp $15

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: $61,225
• Closing costs: $7,347
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
232 Boca Ciega Rd Mascotte, FL	4.0	2.0	1280	$2,095	$1.64	13d	1	0.24mi
538 Orange St Unit 538 Mascotte, FL	2.0	1.0	850	$1,450	$1.71	4d	1	0.47mi
4025 E Cardinal Pines Dr Mascotte, FL	3.0	2.0	1260	$2,100	$1.67	6d	1	0.88mi

Listing history 24 events

1. 2026-06-21
   days on market $244,900 Active 162 DOM
2. 2026-06-18
   days on market $244,900 Active 159 DOM
3. 2026-06-17
   days on market $244,900 Active 158 DOM
4. 2026-06-16
   days on market $244,900 Active 157 DOM
5. 2026-06-15
   days on market $244,900 Active 156 DOM
6. 2026-06-13
   days on market $244,900 Active 154 DOM
7. 2026-06-09
   days on market $244,900 Active 150 DOM
8. 2026-06-08
   days on market $244,900 Active 149 DOM
9. 2026-06-07
   days on market $244,900 Active 148 DOM
10. 2026-06-04
    days on market $244,900 Active 145 DOM
11. 2026-06-03
    days on market $244,900 Active 144 DOM
12. 2026-06-02
    days on market $244,900 Active 143 DOM
13. 2026-06-02
    days on market $244,900 Active 142 DOM
14. 2026-05-31
    days on market $244,900 Active 141 DOM
15. 2026-01-05
    listed $244,900 Active
16. 2024-04-30
    historical
17. 2024-01-04
    price $258,900
18. 2023-11-10
    listed $265,900 Active
19. 2021-04-23
    status Pending
20. 2021-04-20
    status Active
21. 2021-04-15
    status Pending
22. 2021-04-12
    listed $189,900 Active
23. 1997-07-17
    soldstatus $12,000
24. 1997-01-29
    soldstatus $50,000

ⓘ 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: $2,556 · $213/mo
• Projected year-2 tax: $2,556 · $213/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,472
• − Mortgage interest: −$13,718
• − Property taxes: −$2,556
• − Insurance: −$1,224
• − Repairs & maintenance: −$2,118
• − Management: −$2,118
• − Depreciation: −$7,124
• Taxable loss: −$2,387
• Est. tax savings @ 24.0%: +$573
• After-tax cash flow: $2,294/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 — Mascotte

• Score: 71/100
• State rank: #405
• US rank: #7156

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mascotte, FL
• County: Lake County · 364,602 people
• City population: 33,565
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 7,985
• Household income: $83,868
• Rent vs Own: 22.5% rent · 77.5% own
• Severe rent burden: 16.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 38% Hispanic / Latino 35% Two or more races 25% Black 20% Asian 3%
• Hispanic origin (detail): Mexican 11% Puerto Rican 12% Dominican 2%
• Common ancestry: Slovak 1% Serbian 1% Romanian 1%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 67% English-only · Spanish 32%

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: ▲ 19.01%
• Current HPI: 281.96
• Rent YoY: —
• 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

+389.8% since first listed

10 events — show timeline

• 2026-01-05 Listed $244,900 Stellar MLS as Distributed by MLS Grid
• 2024-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-01-04 Price Changed $258,900 Stellar MLS as Distributed by MLS Grid
• 2023-11-10 Listed $265,900 Stellar MLS as Distributed by MLS Grid
• 2021-04-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-04-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-04-12 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 1997-07-17 Sold (Public Records) $12,000 Public Records
• 1997-01-29 Sold (Public Records) $50,000 Public Records

Property tax history

+12.0%/yr

Latest (2025): $2,556 · +7.7% YoY. Source: county tax records.