1020 98 W · Frostproof, FL 33843

$179,000

3 bd · 3.0 ba · 960 sqft · Manufactured public records · 6 Days on market

Built 1995 1.00 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 +14.5/30.0
• ARV discount +7.5/15.0
• Appreciation +4.7/10.0
• DSCR +4.4/10.0
• 1% rule +3.5/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

Key facts

• Mobile home
• Major roadways
• 1 full acre

Tags

• 1 FULL ACRE
• MOBILE HOME
• FULLY FURNISHED
• QUIET AREA
• MAJOR ROADWAYS
• LOCAL AMENITIES

Property features AI

Finance

• Other: Furnished; CDD not applicable; Homestead not claimed
• Financial info: No investment or income/expense details provided
• HOA & community: No HOA association

Exterior

• Parking: No parking information provided
• Security: No security features listed
• Utilities: Public water; Septic tank sewer; Cable connected; Electricity connected; Sewer connected
• Home design: Manufactured home (double wide); One story; South-facing
• Construction: Vinyl siding; Metal roof; Slab foundation; Built as a double wide manufactured home
• Exterior features: Asphalt and concrete road access; Property on approximately 1 acre

Interior

• Kitchen: Dishwasher; Disposal; Range; Range hood; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Wood flooring
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Thermostat; No additional interior amenities listed
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $179k.

Deal economics

• At list price, monthly cash flow is $39 ($470/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 $153k (14.7% below list).
• Recommended offer: $153k (14.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#456 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Frostproof Ben Hill Griffin Jr Elementary School (math 34% / reading 36%, grade F, #1,697 of 2,144 statewide, top 80%, 917 students, 66% FRL).
• Market conditions: 438 active listings in the ZIP; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).

Forward outlook

• In year one you build about $37 of equity ($1k loan paydown + $-1k appreciation (-0.7% local appreciation)).
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 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 $75k; list at $179k implies a 139% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $152,672 (14.7% below list)

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 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?
3. 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?
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: 0.85% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.94%
• DSCR: 1.04
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.67% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.83×
• Total profit: $-8,334
• Equity at exit: $46,050

10-year hold

• IRR: 2.7%
• Equity multiple: 1.26×
• Total profit: $13,249
• Equity at exit: $50,821

Cash invested: $50,120 (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 33843

• Home prices YoY: -0.2%
• Active inventory: 438
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,527 medium
• Mortgage (P&I): −$939
• Tax from tax record: −$154 /mo · $1,844/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $39

Break-even live

Break-even rent $1,477

Max offer price $179,000

Occupancy floor 92%

Sensitivity live

Price	-10% $140	-5% $90	+0% $39	+5% $-12	+10% $-62
Rent	-10% $-81	-5% $-21	+0% $39	+5% $99	+10% $160
Rate	-1.0pp $129	-0.5pp $85	base $39	+0.5pp $-7	+1.0pp $-54

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-04-30
   status Pending
2. 2026-04-24
   listed $179,000 Active
3. 2026-03-31
   soldstatus $75,000 Closed 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

4. 2026-03-21
   status Pending 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

5. 2026-03-21
   status Active 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

6. 2026-02-23
   status Pending 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

7. 2026-02-03
   price $180,000 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

8. 2026-01-16
   price $224,900 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

9. 2025-12-17
   price $234,900 1185-char remark

   Show marketing remark (1185 chars)

   Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

10. 2025-12-03
    listed $239,000 Active 1185-char remark

    Show marketing remark (1185 chars)

    Price reduced and seller motivated—move in or start generating rental income immediately with this fully furnished property on a full acre. Looking for space, privacy, and a truly move-in-ready home that gives you the freedom to live the way you want? This beautifully maintained 3-bedroom, 3-bath double-wide mobile home sits on a full acre with no HOA, offering an incredible value—especially with the recent price reduction. With approximately 1,600 square feet of living space, this home is being sold fully furnished, making it ideal as a primary residence or an immediate income-producing rental. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating the perfect setting for entertaining, hosting gatherings, or enjoying quiet evenings at home. Each bedroom features its own private bathroom, providing comfort and privacy for families, guests, or roommates. Additional highlights include a water softener system, a new roof installed in 2022, and a new water softener installed in 2024. With space, privacy, no HOA, and a motivated seller, this is an opportunity you don’t want to miss. Schedule your showing today.

11. 2025-11-16
    historical
12. 2025-09-16
    price $235,000
13. 2025-08-22
    price $245,000
14. 2025-05-16
    listed $250,000 Active
15. 2021-04-25
    soldstatus $61,000 Closed
16. 2021-04-23
    soldstatus $61,000
17. 2021-04-08
    status Pending
18. 2021-03-12
    listed $61,900 Active

ⓘ 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: $1,844 · $154/mo
• Projected year-2 tax: $1,844 · $154/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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,321
• − Mortgage interest: −$10,027
• − Property taxes: −$1,844
• − Insurance: −$895
• − Repairs & maintenance: −$1,466
• − Management: −$1,466
• − Depreciation: −$5,207
• Taxable loss: −$2,584
• Est. tax savings @ 24.0%: +$620
• After-tax cash flow: $1,090/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: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Frostproof

• Score: 69/100
• State rank: #456
• US rank: #8297

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 11,072

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 24% Two or more races 14% Black 8%
• Hispanic origin (detail): Mexican 12% Puerto Rican 9% Cuban 2%
• Common ancestry: Slovak 3% Italian 1% Romanian 1%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 78% English-only · Spanish 20%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.67%
• Current HPI: 311.1519
• 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

+189.2% since first listed

18 events — show timeline

• 2026-04-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Listed $179,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Price Changed $180,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Price Changed $224,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-17 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-03 Listed $239,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-16 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-22 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-16 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2021-04-25 Sold (MLS) $61,000 Stellar MLS as Distributed by MLS Grid
• 2021-04-23 Sold (Public Records) $61,000 Public Records
• 2021-04-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-03-12 Listed $61,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.5%/yr

Latest (2025): $1,844 · +25.4% YoY. Source: county tax records.