24414 Maxwell St · Astor, FL 32102

$199,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 8 Days on market

Built 1986 4,976 sqft lot Est $181k · 10% over

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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 +26.8/30.0
• DSCR +9.2/10.0
• 1% rule +6.2/10.0
• Appreciation +6.0/10.0
• Schools +4.2/10.0
• Livability +3.3/5.0
• ARV discount +3.1/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Completely remodeled 4-bedroom home in Astor offering modern upgrades and exceptional craftsmanship. This move-in-ready property features hurricane-impact windows, luxury vinyl plank flooring, a tankless water heater, an updated electrical panel, and an A/C system less than one year old. The roof has been replaced recently. The stunning kitchen showcases custom solid-wood cabinetry, a hidden microwave, quartz countertops, and a butcher-block island, perfect for entertaining and everyday living. The spacious primary suite includes two walk-in closets and a beautifully updated bath with a large tiled walk-in shower, double vanity, and designer finishes. The guest bathroom offers a large vanit

Key facts

• 4,976 sq ft lot
• Built 1986
• Listed 8 days

Property features AI

Finance

• Other: Pets allowed (cats and dogs)

Exterior

• Parking: Off-street parking; On-street parking
• Security: Carbon monoxide detector(s); Smoke detector(s)
• Utilities: 150 Amp electric service; Public sewer; Water available and connected; Sewer available and connected; Electricity available; Cable available
• Home design: Double wide mobile home; Single-story (entry level 1); Faces east; Used as manufactured residential single-family
• Construction: Vinyl siding; Metal roof
• Exterior features: Porch; Shed(s); Zero lot line; County road frontage; Asphalt / paved road

Interior

• Kitchen: Dishwasher; Electric cooktop; Microwave; Refrigerator; Plumbed for ice maker; Tankless water heater; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms; Primary bathroom with shower (no tub) and also tub with shower
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Ceiling fans; His and hers closets; Kitchen island; Open floor plan; Split bedrooms; Vaulted ceilings; Walk-in closets; Wood-burning fireplace (1)
• Laundry & utility: In-unit laundry; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $546 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).

Location & tenants

• Location reads 66/100 on livability (#613 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, 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: 77 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($1k loan paydown + $4k appreciation (1.9% local appreciation)).
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.9% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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.
4. 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.
5. 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: 1.12% ✓
• Cap rate: 9.58%
• Cash-on-cash: 11.75%
• DSCR: 1.52
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $181,440
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
55045 6th St	0.39mi	3/2.0	1,188 (-12%)	1mo	$160,000	$135	62

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

Projected returns pro-forma

1.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.0%
• Equity multiple: 1.86×
• Total profit: $47,845
• Equity at exit: $77,964

10-year hold

• IRR: 18.4%
• Equity multiple: 3.43×
• Total profit: $135,607
• Equity at exit: $111,866

Cash invested: $55,720 (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 32102

• Home prices YoY: 0.8%
• Active inventory: 77
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,225 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$85 /mo · $1,025/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$467
• Net cashflow: $546

Break-even live

Break-even rent $1,534

Max offer price $199,000

Occupancy floor 70%

Sensitivity live

Price	-10% $658	-5% $602	+0% $546	+5% $489	+10% $433
Rent	-10% $370	-5% $458	+0% $546	+5% $634	+10% $722
Rate	-1.0pp $646	-0.5pp $596	base $546	+0.5pp $494	+1.0pp $442

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
55624 Sam St Astor, FL	2.0	2.0	1792	$2,225	$1.24	11d	1	0.95mi

Listing history 9 events

1. 2026-06-18
   days on market $199,000 Active 8 DOM
2. 2026-06-17
   days on market $199,000 Active 7 DOM
3. 2026-06-16
   days on market $199,000 Active 6 DOM
4. 2026-06-15
   days on market $199,000 Active 5 DOM
5. 2026-06-13
   statusdays on market $199,000 Active 3 DOM
6. 2026-06-08
   statusdays on marketlisting id $199,000 Pending 1 DOM
7. 2026-06-07
   days on market $199,000 Active 4 DOM
8. 2026-06-04
   remarks 699-char remark
9. 2026-06-04
   listed $199,000 Active 1 DOM

ⓘ 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: $1,025 · $85/mo
• Projected year-2 tax: $1,652 · $138/mo
• Expected delta: +$626/yr (+$52/mo · 61.1%)

ⓘ 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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,700
• − Mortgage interest: −$11,147
• − Property taxes: −$1,025
• − Insurance: −$995
• − Repairs & maintenance: −$2,136
• − Management: −$2,136
• − Depreciation: −$5,789
• Taxable income: $3,472
• Est. tax owed @ 24.0%: −$833
• After-tax cash flow: $5,717/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 — Astor

• Score: 66/100
• State rank: #613
• US rank: #11822

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Astor, FL
• Population (ZIP): 2,401

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: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 7% Hispanic / Latino 3%
• Common ancestry: Lithuanian 9% Portuguese 8% Slovak 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% German/W. Germanic 1% Russian/Polish/Slavic 1%

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: ▲ 1.95%
• Current HPI: 232.7974
• Rent YoY: —
• Metro: —
• 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

• 2026-06-03 Listed $199,000 SCMLS

Property tax history

+8.0%/yr

Latest (2025): $1,025 · +3.8% YoY. Source: county tax records.