4793 Sunset Rd · St. Cloud, FL 34771

$350,000

3 bd · 2.0 ba · 1,620 sqft · Land · 43 Days on market

Built 2005 0.26 ac lot

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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 +14.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Schools +3.6/10.0
• Rent growth +3.3/5.0
• 1% rule +2.7/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

IMPACT FEES PAID!! If you are looking for a manufactured home lot in close proximity to East Lake Tohopekaliga in St. Cloud, FL. which has well, septic, and electric in place already, this is it! Located in close proximity to St. Cloud and also the Lake Nona area, this area is becoming the sought after location for home buyers. Zoned for manufactured homes, has private boat ramp access to East Lake Toho and also very close proximity to lake with views. Just have your manufactures home delivered to this location and you are ready to start enjoying the peace and tranquility that this area has to offer. No HOA and low taxes! More pictures coming soon!

Key facts

• Updated property
• Laminate flooring
• New water well

Tags

• UPDATED PROPERTY
• NEW ROOF
• NEW SEPTIC SYSTEM
• NEW WATER WELL
• LAMINATE FLOORING
• UPDATED KITCHEN

Property features AI

Finance

• Other: Property on approximately 0.26 acre (1/4 to less than 1/2 acre); Zoned RMH
• HOA & community: No HOA association indicated

Exterior

• Utilities: Well water; Septic tank; Public utilities available
• Home design: Residential manufactured home (double wide); One story; East-facing
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Completed condition
• Exterior features: Private mailbox; Chain link fencing; Lake view

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Tankless water heater
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Split bedroom layout; Electric fireplace
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $350k.

Deal economics

• At list price, monthly cash flow is $-360 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $286k (18.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $268k (23.4% below list).
• Recommended offer: $268k (23.4% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.0% in St. Cloud — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Osceola (suburban): math 39% / reading 45% proficiency, ranked #60 of 73 in FL (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Narcoossee Elementary School (math 55% / reading 65%, grade B-, #680 of 2,144 statewide, top 32%, 1,467 students, 38% FRL); Harmony High School (math 40% / reading 46%, grade F, #255 of 667 statewide, top 39%, 2,822 students, 42% FRL) — zoned schools average 40% FRL vs 60% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.0%/yr); 1378 active listings in the ZIP; 10 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; 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).
• This rent runs 33% of the median local income ($97k/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 $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Osceola County population projected at +73% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($340k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 18y 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 $89k; list at $350k implies a 293% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $268,020 (23.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.77% ✗
• Cap rate: 6.52%
• Cash-on-cash: 0.81%
• DSCR: 1.04
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.02% rent growth · sell at horizon

5-year hold

• IRR: -23.7%
• Equity multiple: 0.19×
• Total profit: $-79,533
• Equity at exit: $52,186

10-year hold

• IRR: -18.5%
• Equity multiple: -0.00×
• Total profit: $-98,272
• Equity at exit: $30,262

Cash invested: $98,000 (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 34771

• Home prices YoY: -30.0%
• Rents YoY: 3.0%
• Active inventory: 1378
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,680 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$70 /mo · $838/yr
• Insurance: −$146
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$563
• Net cashflow: $-360

Break-even live

Break-even rent $3,136

Max offer price $286,350

Occupancy floor —

Sensitivity live

Price	-10% $-162	-5% $-261	+0% $-360	+5% $-459	+10% $-558
Rent	-10% $-572	-5% $-466	+0% $-360	+5% $-254	+10% $-149
Rate	-1.0pp $-184	-0.5pp $-271	base $-360	+0.5pp $-451	+1.0pp $-543

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: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4843 Calasans Ave Saint Cloud, FL	4.0	3.0	2022	$2,600	$1.29	8d	1	0.37mi
5265 Luke Hammock St Saint Cloud, FL	4.0	2.5	2168	$2,660	$1.23	5d	1	1.17mi
5261 Luisa Ct Saint Cloud, FL	4.0	2.5	1860	$2,350	$1.26	24d	1	1.17mi
5273 Luisa Ct Saint Cloud, FL	4.0	2.5	1860	$2,375	$1.28	13d	1	1.19mi
994 Teal Creek Dr Saint Cloud, FL	4.0	2.5	1790	$2,799	$1.56	24d	1	1.24mi
1029 Ladyfish Trl Saint Cloud, FL	4.0	2.5	2197	$3,100	$1.41	14d	1	1.26mi
5172 Goldfinch Dr Saint Cloud, FL	3.0	2.5	1992	$2,600	$1.31	18d	1	1.27mi
1260 Stockwell Ave Saint Cloud, FL	4.0	3.0	1786	$2,390	$1.34	24d	1	1.36mi
1305 Stockwell Ave Saint Cloud, FL	3.0	2.5	1704	$2,169	$1.27	5d	1	1.40mi
5327 Timberland Ave Saint Cloud, FL	4.0	2.0	1828	$2,550	$1.39	24d	1	1.46mi

Listing history 33 events

1. 2026-06-18
   days on market $350,000 Active 43 DOM
2. 2026-06-17
   days on market $350,000 Active 42 DOM
3. 2026-06-16
   days on market $350,000 Active 41 DOM
4. 2026-06-15
   days on market $350,000 Active 40 DOM
5. 2026-06-13
   days on market $350,000 Active 38 DOM
6. 2026-06-13
   days on market $350,000 Active 37 DOM
7. 2026-06-09
   days on market $350,000 Active 34 DOM
8. 2026-06-08
   days on market $350,000 Active 33 DOM
9. 2026-06-07
   days on market $350,000 Active 32 DOM
10. 2026-06-04
    days on market $350,000 Active 29 DOM
11. 2026-06-03
    days on market $350,000 Active 28 DOM
12. 2026-06-02
    days on market $350,000 Active 27 DOM
13. 2026-06-01
    days on market $350,000 Active 26 DOM
14. 2026-05-31
    days on market $350,000 Active 25 DOM
15. 2026-05-06
    listed $350,000 Active
16. 2025-07-13
    historical
17. 2025-06-21
    listed $364,500 Active
18. 2020-10-27
    soldstatus $89,000
19. 2020-10-26
    soldstatus $89,000 Sold 656-char remark

    Show marketing remark (656 chars)

    IMPACT FEES PAID!! If you are looking for a manufactured home lot in close proximity to East Lake Tohopekaliga in St. Cloud, FL. which has well, septic, and electric in place already, this is it! Located in close proximity to St. Cloud and also the Lake Nona area, this area is becoming the sought after location for home buyers. Zoned for manufactured homes, has private boat ramp access to East Lake Toho and also very close proximity to lake with views. Just have your manufactures home delivered to this location and you are ready to start enjoying the peace and tranquility that this area has to offer. No HOA and low taxes! More pictures coming soon!

20. 2020-10-07
    status Pending 656-char remark

    Show marketing remark (656 chars)

    IMPACT FEES PAID!! If you are looking for a manufactured home lot in close proximity to East Lake Tohopekaliga in St. Cloud, FL. which has well, septic, and electric in place already, this is it! Located in close proximity to St. Cloud and also the Lake Nona area, this area is becoming the sought after location for home buyers. Zoned for manufactured homes, has private boat ramp access to East Lake Toho and also very close proximity to lake with views. Just have your manufactures home delivered to this location and you are ready to start enjoying the peace and tranquility that this area has to offer. No HOA and low taxes! More pictures coming soon!

21. 2020-08-31
    listed $89,000 Active 656-char remark

    Show marketing remark (656 chars)

    IMPACT FEES PAID!! If you are looking for a manufactured home lot in close proximity to East Lake Tohopekaliga in St. Cloud, FL. which has well, septic, and electric in place already, this is it! Located in close proximity to St. Cloud and also the Lake Nona area, this area is becoming the sought after location for home buyers. Zoned for manufactured homes, has private boat ramp access to East Lake Toho and also very close proximity to lake with views. Just have your manufactures home delivered to this location and you are ready to start enjoying the peace and tranquility that this area has to offer. No HOA and low taxes! More pictures coming soon!

22. 2017-08-25
    historical
23. 2017-06-29
    price $75,000
24. 2017-02-26
    listed $85,000 Active
25. 2009-11-06
    soldstatus $25,000
26. 2009-11-03
    soldstatus $25,000
27. 2009-10-28
    listed $35,000
28. 2009-09-21
    historical
29. 2009-03-06
    listed $35,000
30. 2009-02-05
    historical
31. 2008-02-29
    listed $65,000
32. 1991-01-11
    soldstatus $8,000
33. 1973-06-22
    soldstatus $11,000

ⓘ 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: $838 · $70/mo
• Projected year-2 tax: $2,905 · $242/mo
• Expected delta: +$2,067/yr (+$172/mo · 246.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AE · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,162
• − Mortgage interest: −$19,605
• − Property taxes: −$838
• − Insurance: −$6,868
• − Repairs & maintenance: −$2,573
• − Management: −$2,573
• − Depreciation: −$10,182
• Taxable loss: −$10,478
• Est. tax savings @ 24.0%: +$2,515
• After-tax cash flow: $-1,809/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: Osceola
• NCES district ID: 1201470
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $45,528
• Composite: 35.7/100
• National rank: #4865
• State rank: #60 of 73 in FL

Livability — St. Cloud

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Osceola County · 410,217 people
• City population: 29,247
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 35,257
• Household income: $97,415
• Rent vs Own: 15.0% rent · 85.0% own
• Severe rent burden: 338.0

Population outlook (Osceola County) Hauer SSP2

• Today (2025): 447,624 people
• By 2030: 511,823 · +14.3%
• By 2040: 642,986 · +43.6%
• By 2050: 774,552 · +73.0%
• By 2075: 1,078,144 · +140.9%
• By 2100: 1,269,660 · +183.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 45% Hispanic / Latino 41% Two or more races 20% Black 9% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 26% Cuban 2% Dominican 4%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 1%
• Foreign-born: 14% · Canada, Jamaica
• Languages at home: 64% English-only · Spanish 33% Other Indo-European 3%

Political lean MEDSL · Osceola

• 2024 margin: Toss-up / Even · D 48.7% · R 50.2% · Other 1.1%
• 2008→2024 swing: -21.2pp toward R · 2008: 19.7pp · 2024: -1.4pp
• All cycles: 2024: R+1.4 2020: D+13.8 2016: D+25.0 2012: D+24.5 2008: D+19.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -124.44%
• Current HPI: 290.3095
• Rent YoY: ▲ 3.02%
• 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

+3081.8% since first listed

19 events — show timeline

• 2026-05-06 Listed $350,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-21 Listed $364,500 Stellar MLS as Distributed by MLS Grid
• 2020-10-27 Sold (Public Records) $89,000 Public Records
• 2020-10-26 Sold (MLS) $89,000 Stellar MLS as Distributed by MLS Grid
• 2020-10-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-08-31 Listed $89,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-06-29 Price Changed $75,000 Stellar MLS as Distributed by MLS Grid
• 2017-02-26 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2009-11-06 Sold (Public Records) $25,000 Public Records
• 2009-11-03 Sold (MLS) $25,000 Stellar MLS as Distributed by MLS Grid
• 2009-10-28 Listed $35,000 Stellar MLS as Distributed by MLS Grid
• 2009-09-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-03-06 Listed $35,000 Stellar MLS as Distributed by MLS Grid
• 2009-02-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-02-29 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 1991-01-11 Sold (Public Records) $8,000 Public Records
• 1973-06-22 Sold (Public Records) $11,000 Public Records

Property tax history

+24.5%/yr

Latest (2025): $838 · +0.4% YoY. Source: county tax records.