5168 Conroy Rd · Orlando, FL 32811

$130,000

2 bd · 2.0 ba · 919 sqft · SingleFamily · 37 Days on market

Built 1988 Fair condition ↓ 26% since listing

---

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 +28.1/30.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• ARV discount +7.5/15.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Be in the MIDST of it all! LOCATION! LOCATION! Move in Ready ! Perfect for you! Welcome to this AWESOME FIRST FLOOR 2 bedroom 1 Bath, upgraded Condo, in the desired area near Millenia Mall. Spacious with an Open Floor Plan, and upgraded features; TILES thru out the living areas! and Study/ Office Nook as well as tile flooring in the Bedrooms! Perfect to live in or for investment. Kitchen with Granite counters and wood cabinets with Stainless Steel Appliances! Reserved parking spaces and Walking distance to the clubhouse where you can enjoy all the amenities it has to offer (fitness Center, Tennis court and much more). Location is key! close to shopping, theme parks, dining that Orlando city beautiful has to offer! Close to major highways like I4, Turnpike and the 408. You don't want to miss this Opportunity. Call me for your private showing! * Room sizes, square footage and HOA are approximate and should be independently verified by buyer/buyer's agent. All information contained in this listing is believed to be reliable but is not guaranteed or warranted

Key facts

• First floor unit
• Bbq area
• Gym

Tags

• FIRST FLOOR UNIT
• GRANITE COUNTER TOPS
• GYM
• CLUB HOUSE
• POOL
• BBQ AREA

Property features AI

Finance

• Other: Living area approximately 919
• Financial info: Financial details not provided
• HOA & community: HOA or community details not provided

Exterior

• Parking: Parking details not provided
• Security: Security details not provided
• Utilities: Utility details not provided
• Home design: Built in 1988
• Construction: Construction details not provided
• Exterior features: Located in the Southwest Orlando subdivision

Interior

• Kitchen: Kitchen details not provided
• Bedrooms: Bedroom details not provided
• Flooring: Flooring details not provided
• Bathrooms: Bathroom details not provided
• Heating & cooling: Heating and cooling details not provided
• Interior features: No interior feature details provided
• Laundry & utility: Laundry and utility details not provided

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $130k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $410 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $126k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.1% vs local median 3.0% in Orlando — 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 86/100 on livability (#12 in FL, #360 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 238 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
• This rent runs 37% of the median local income ($54k/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 $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago; this cycle's ask has dropped $17k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $126,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.27% ✓
• Cap rate: 10.08%
• Cash-on-cash: 13.52%
• DSCR: 1.60
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.15% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $468
• Equity at exit: $19,383

10-year hold

• IRR: 6.8%
• Equity multiple: 1.45×
• Total profit: $16,251
• Equity at exit: $11,240

Cash invested: $36,400 (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 32811

• Home prices YoY: -33.8%
• Rents YoY: 0.1%
• Active inventory: 238
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,656 high
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $410

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 70%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5168 Conroy Rd Unit 21 Orlando, FL	2.0	1.0	919	$1,525	$1.66	23d	1	0.03mi
5168 Conroy Rd #28 Orlando, FL	2.0	1.0	919	$1,650	$1.80	11d	1	0.04mi
5120 Conroy Rd #511 Orlando, FL	2.0	2.0	988	$1,595	$1.61	16d	1	0.04mi
5120 Conroy Rd #511 Orlando, FL	2.0	2.0	988	$1,595	$1.61	23d	1	0.04mi
5120 Conroy Rd Orlando, FL	1.0–2.0	1.0–2.0	849	$1,650	$1.94	14d	1	0.04mi
5120 Conroy Rd #28 Orlando, FL	2.0	2.0	988	$1,750	$1.77	23d	1	0.05mi
5112 Conroy Rd Unit 311 Orlando, FL	2.0	2.0	988	$1,600	$1.62	23d	1	0.05mi
5112 Conroy Rd #315 Orlando, FL	1.0	1.0	711	$1,250	$1.76	11d	1	0.05mi
5164 Conroy Rd Orlando, FL	1.0	1.0	711	$1,275	$1.79	23d	1	0.06mi
5124 Conroy Rd Orlando, FL	1.0–2.0	1.0–2.0	849	$1,700	$2.00	14d	2	0.07mi
5160 Conroy Rd #1422 Orlando, FL	2.0	2.0	988	$1,680	$1.70	23d	1	0.09mi
5128 Conroy Rd Unit 713HOA Orlando, FL	1.0	1.0	597	$1,350	$2.26	3d	1	0.11mi
5152 Conroy Rd Unit 1316 Orlando, FL	1.0	1.0	597	$1,250	$2.09	16d	1	0.12mi
5156 Conroy Rd #1116 Orlando, FL	2.0	2.0	1028	$1,550	$1.51	23d	1	0.13mi
4000 Middlebrook Rd Orlando, FL	1.0–3.0	1.0–2.0	979	$1,824	$1.86	7d	27	0.14mi
5144 Conroy Rd Unit 10-33 Orlando, FL	2.0	2.0	1028	$1,600	$1.56	23d	1	0.15mi
4860 Cypress Woods Dr Orlando, FL	1.0–2.0	1.0–2.0	786	$1,849	$2.35	3d	18	0.18mi
4849 Cypress Woods Dr #1102 Orlando, FL	2.0	2.0	1107	$1,925	$1.74	23d	1	0.27mi
4771 Walden Cir Orlando, FL	2.0	1.0	798	$1,799	$2.25	3d	12	0.29mi
4822 Cason Cove Dr Orlando, FL	1.0–3.0	1.0–2.0	884	$1,774	$2.01	2d	9	0.31mi
4618 Middlebrook Rd Orlando, FL	2.0	1.0–2.0	710	$1,999	$2.82	2d	28	0.42mi
5303 Indian Creek Dr Orlando, FL	2.0	2.0	1123	$1,500	$1.34	2d	1	0.42mi
4700 Cason Cove Dr Orlando, FL	1.0–4.0	1.0–2.0	1002	$1,766	$1.76	3d	12	0.42mi
5587 Millennia Park Dr Unit 224 Orlando, FL	2.0	2.0	1022	$2,400	$2.35	23d	1	0.42mi
5587 Millennia Park Dr Unit 424 Orlando, FL	2.0	2.0	1023	$1,990	$1.95	23d	1	0.42mi
5587 Millennia Park Dr Unit 519 Orlando, FL	1.0	1.0	750	$1,800	$2.40	23d	1	0.42mi
5587 Millennia Park Dr Unit 121 Orlando, FL	3.0	2.0	1023	$1,700	$1.66	23d	1	0.42mi
5587 Millennia Park Dr Unit 508 Orlando, FL	2.0	2.0	1023	$1,900	$1.86	7d	1	0.42mi
5587 Millennia Park Dr Unit 206 Orlando, FL	2.0	2.0	1023	$1,850	$1.81	23d	1	0.42mi
5587 Millennia Park Dr Unit 215 Orlando, FL	1.0	1.0	750	$1,700	$2.27	23d	1	0.42mi
5579 Millennia Park Dr Unit 124 Orlando, FL	2.0	2.0	1023	$2,050	$2.00	23d	1	0.42mi
5587 Millennia Park Dr Unit 113 Orlando, FL	2.0	2.0	1023	$2,200	$2.15	23d	1	0.42mi
5587 Millennia Park Dr Unit 110 Orlando, FL	1.0	1.0	750	$1,900	$2.53	23d	1	0.42mi
5587 Millennia Park Dr Orlando, FL	1.0	1.0	750	$1,595	$2.13	17d	1	0.42mi
5587 Millennia Park Dr Unit 319 Orlando, FL	1.0	1.5	1000	$1,475	$1.48	23d	1	0.42mi
5587 Millennia Park Dr Unit 210 Orlando, FL	2.0	2.0	1023	$2,250	$2.20	23d	1	0.42mi
5587 Millennia Park Dr Unit 402 Orlando, FL	2.0	2.0	1023	$2,000	$1.96	23d	1	0.42mi
5587 Millennia Park Dr Unit 409 Orlando, FL	2.0	2.0	1023	$2,380	$2.33	23d	1	0.42mi
5587 Millennia Park Dr Unit 514 Orlando, FL	2.0	2.0	1023	$1,890	$1.85	20d	1	0.42mi
5579 Millennia Park Dr Unit 409 Orlando, FL	3.0	2.0	1023	$2,000	$1.96	14d	1	0.42mi

Listing history 21 events

1. 2026-06-18
   days on market $130,000 Active 37 DOM
2. 2026-06-17
   pricedays on market $130,000 Active 36 DOM
3. 2026-06-16
   days on market $147,000 Active 35 DOM
4. 2026-06-15
   days on market $147,000 Active 34 DOM
5. 2026-06-13
   days on market $147,000 Active 32 DOM
6. 2026-06-13
   days on market $147,000 Active 31 DOM
7. 2026-06-09
   days on market $147,000 Active 28 DOM
8. 2026-06-08
   days on market $147,000 Active 27 DOM
9. 2026-06-07
   days on market $147,000 Active 26 DOM
10. 2026-06-04
    days on market $147,000 Active 23 DOM
11. 2026-06-03
    days on market $147,000 Active 22 DOM
12. 2026-06-02
    days on market $147,000 Active 21 DOM
13. 2026-06-02
    days on market $147,000 Active 20 DOM
14. 2026-05-31
    days on market $147,000 Active 19 DOM
15. 2026-05-12
    listed $147,000 Active
16. 2025-08-07
    historical $1,195
17. 2025-07-02
    listed $1,195
18. 2021-09-15
    soldstatus $128,000 Closed 1072-char remark

    Show marketing remark (1072 chars)

    Be in the MIDST of it all! LOCATION! LOCATION! Move in Ready ! Perfect for you! Welcome to this AWESOME FIRST FLOOR 2 bedroom 1 Bath, upgraded Condo, in the desired area near Millenia Mall. Spacious with an Open Floor Plan, and upgraded features; TILES thru out the living areas! and Study/ Office Nook as well as tile flooring in the Bedrooms! Perfect to live in or for investment. Kitchen with Granite counters and wood cabinets with Stainless Steel Appliances! Reserved parking spaces and Walking distance to the clubhouse where you can enjoy all the amenities it has to offer (fitness Center, Tennis court and much more). Location is key! close to shopping, theme parks, dining that Orlando city beautiful has to offer! Close to major highways like I4, Turnpike and the 408. You don't want to miss this Opportunity. Call me for your private showing! * Room sizes, square footage and HOA are approximate and should be independently verified by buyer/buyer's agent. All information contained in this listing is believed to be reliable but is not guaranteed or warranted

19. 2021-08-17
    status Pending 1072-char remark

    Show marketing remark (1072 chars)

    Be in the MIDST of it all! LOCATION! LOCATION! Move in Ready ! Perfect for you! Welcome to this AWESOME FIRST FLOOR 2 bedroom 1 Bath, upgraded Condo, in the desired area near Millenia Mall. Spacious with an Open Floor Plan, and upgraded features; TILES thru out the living areas! and Study/ Office Nook as well as tile flooring in the Bedrooms! Perfect to live in or for investment. Kitchen with Granite counters and wood cabinets with Stainless Steel Appliances! Reserved parking spaces and Walking distance to the clubhouse where you can enjoy all the amenities it has to offer (fitness Center, Tennis court and much more). Location is key! close to shopping, theme parks, dining that Orlando city beautiful has to offer! Close to major highways like I4, Turnpike and the 408. You don't want to miss this Opportunity. Call me for your private showing! * Room sizes, square footage and HOA are approximate and should be independently verified by buyer/buyer's agent. All information contained in this listing is believed to be reliable but is not guaranteed or warranted

20. 2021-08-09
    listed $139,995 Active 1072-char remark

    Show marketing remark (1072 chars)

    Be in the MIDST of it all! LOCATION! LOCATION! Move in Ready ! Perfect for you! Welcome to this AWESOME FIRST FLOOR 2 bedroom 1 Bath, upgraded Condo, in the desired area near Millenia Mall. Spacious with an Open Floor Plan, and upgraded features; TILES thru out the living areas! and Study/ Office Nook as well as tile flooring in the Bedrooms! Perfect to live in or for investment. Kitchen with Granite counters and wood cabinets with Stainless Steel Appliances! Reserved parking spaces and Walking distance to the clubhouse where you can enjoy all the amenities it has to offer (fitness Center, Tennis court and much more). Location is key! close to shopping, theme parks, dining that Orlando city beautiful has to offer! Close to major highways like I4, Turnpike and the 408. You don't want to miss this Opportunity. Call me for your private showing! * Room sizes, square footage and HOA are approximate and should be independently verified by buyer/buyer's agent. All information contained in this listing is believed to be reliable but is not guaranteed or warranted

21. 2007-12-30
    listed $199,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,878
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,590
• − Management: −$1,590
• − Depreciation: −$3,782
• Taxable income: $3,034
• Est. tax owed @ 24.0%: −$728
• After-tax cash flow: $4,195/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 · 1 photo

Fair 45/100 Moderate rehab

The home requires moderate repairs and maintenance, particularly in the kitchen and interior walls. A fresh coat of paint would significantly improve its curb appeal and interior aesthetics, enhancing both resale and rental value.

Repairs flagged

• Major Paint — Paint appears worn and needs touch-up
• Minor Kitchen cabinets — Light wear

Value-add opportunities

• Both Paint touch-up — Enhances curb appeal and interior aesthetics
• Both Paint touch-up — Enhances curb appeal and interior aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint · Paint appears worn and needs touch-up	Major	$15,000–50,000
Kitchen cabinets · Light wear	Minor	$500–3,000
Total estimated repair cost · 2 items		$15,500–53,000

Value-add ROI direction

• Both Paint touch-up — Enhances curb appeal and interior aesthetics ↑
• Both Paint touch-up — Enhances curb appeal and interior aesthetics ↑

ⓘ 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: Orange
• NCES district ID: 1201440
• Math proficiency: 46% ▼ -9.00%
• Reading proficiency: 51% ▼ -2.00%
• Median HH income: $49,350
• Composite: 41.47/100
• National rank: #3461
• State rank: #43 of 73 in FL

Livability — Orlando

• Score: 86/100
• State rank: #12
• US rank: #360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Orlando, FL
• County: Orange County · 1,471,359 people
• City population: 964,969
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 41,475
• Household income: $54,082
• Rent vs Own: 69.9% rent · 30.1% own
• Severe rent burden: 2728.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 1,618,226 people
• By 2030: 1,787,404 · +10.5%
• By 2040: 2,125,621 · +31.4%
• By 2050: 2,454,016 · +51.6%
• By 2075: 3,173,711 · +96.1%
• By 2100: 3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 50% Hispanic / Latino 27% Two or more races 17% White 12% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Dominican 2%
• Common ancestry: Hispanic 7% Estonian 4% Russian 1%
• Foreign-born: 31% · Canada, Jamaica, China
• Languages at home: 62% English-only · Spanish 21% French/Haitian/Cajun 8% Other Indo-European 6%

Political lean MEDSL · Orange

• 2024 margin: D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
• 2008→2024 swing: -5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
• All cycles: 2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -145.37%
• Current HPI: 284.9191
• Rent YoY: ▲ 0.15%
• 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

-26.5% since first listed

7 events — show timeline

• 2026-05-12 Listed $147,000 FSBO.com
• 2025-08-07 Rental Removed $1,195 SHOWMOJO
• 2025-07-02 Listed for Rent $1,195 SHOWMOJO
• 2021-09-15 Sold (MLS) $128,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-08-09 Listed $139,995 Stellar MLS as Distributed by MLS Grid
• 2007-12-30 Listed $199,900 Stellar MLS as Distributed by MLS Grid