9165 Luna Dr · Saint Cloud, FL 34773

$369,000

4 bd · 2.0 ba · 1,836 sqft · Manufactured public records · 35 Days on market

Built 2021 0.86 ac lot Est $353k · at est.

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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 +10.6/30.0
• ARV discount +5.4/15.0
• Appreciation +4.8/10.0
• Schools +3.6/10.0
• DSCR +3.1/10.0
• Rent growth +2.9/5.0
• 1% rule +2.5/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

Key facts

• Expansive lot
• Spacious backyard
• Entry gate

Tags

• EXPANSIVE LOT
• 40X30 POLE BARN
• KITCHEN ISLAND
• ENTRY GATE
• BACK PATIO
• SPACIOUS BACKYARD

Property features AI

Finance

• Other: Property zoned OPUD; Approximately 0.86 acres (0.5 to <1 acre)
• Financial info: Homestead exempt; No lease restrictions
• HOA & community: No HOA association indicated; Pets allowed

Exterior

• Parking: Asphalt-paved driveway/road access
• Security: Security gate; Smoke detectors
• Utilities: Well water; Septic tank; Public utilities available
• Home design: Manufactured double-wide home; One level; South-facing
• Construction: Vinyl siding; Shingle roof; Built as a manufactured home; Pole barn on property; Shed and workshop on property
• Exterior features: Covered rear porch; Wire fencing; Drainage canal on lot; Wooded vegetation

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate; Crawlspace foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Split bedroom layout; Walk-in closets; Blinds; Free-standing fireplace
• Laundry & utility: Washer and dryer inside (laundry room)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $369k.

Deal economics

• At list price, monthly cash flow is $-181 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $337k (8.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $277k (24.8% below list).
• Recommended offer: $277k (24.8% below list) — sets the bar for 1% rule.

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: Harmony Community School (math 70% / reading 64%, grade B+, #450 of 2,144 statewide, top 22%, 1,012 students, 38% FRL); Narcoossee Middle School (math 55% / reading 57%, grade B-, #175 of 571 statewide, top 31%, 1,371 students, 46% FRL); Harmony High School (math 40% / reading 46%, grade F, #255 of 667 statewide, top 39%, 2,822 students, 42% FRL) — zoned schools average 42% FRL vs 60% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 55% at this address vs 42% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Osceola average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.8%/yr); 388 active listings in the ZIP; solid renter incomes; 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).
• This rent runs 41% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $829 of equity ($3k loan paydown + $-2k appreciation (-0.5% local appreciation)).
• 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 35 days — a 3% lower offer ($358k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y 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 $285k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $277,372 (24.8% 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 35 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.75% ✗
• Cap rate: 5.70%
• Cash-on-cash: -2.10%
• DSCR: 0.91
• GRM: 11.1

CMA / ARV

• ARV (on-the-fly): $352,512
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9200 Mercury Dr	0.55mi	4/2.0	1,890 (+3%)	7mo	$205,000	$108	64
5005 Nova Ave	0.35mi	3/2.0 (-1)	1,680 (-8%)	2mo	$387,000	$230	63
5100 Apollo Ave	0.61mi	4/2.0	1,716 (-6%)	6mo	$325,000	$189	56
4935 Satellite Ave	0.15mi	3/2.0 (-1)	1,568 (-15%)	11mo	$329,000	$210	55
9040 Mercury Dr	0.62mi	4/2.0	2,052 (+12%)	1mo	$349,000	$170	51
9060 Mercury Dr	0.61mi	3/2.0 (-1)	1,560 (-15%)	4mo	$300,000	$192	38

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

Projected returns pro-forma

-0.47% appreciation · 1.79% rent growth · sell at horizon

5-year hold

• IRR: -7.3%
• Equity multiple: 0.67×
• Total profit: $-33,733
• Equity at exit: $98,617

10-year hold

• IRR: -1.8%
• Equity multiple: 0.82×
• Total profit: $-18,300
• Equity at exit: $111,934

Cash invested: $103,320 (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 34773

• Home prices YoY: -0.2%
• Rents YoY: 1.8%
• Active inventory: 388
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,774 medium
• Mortgage (P&I): −$1,935
• Tax from tax record: −$283 /mo · $3,399/yr
• Insurance: −$154
• HOA: −$0
• Vacancy / Maint / Mgmt: −$582
• Net cashflow: $-181

Break-even live

Break-even rent $3,003

Max offer price $337,056

Occupancy floor —

Sensitivity live

Price	-10% $28	-5% $-76	+0% $-181	+5% $-285	+10% $-390
Rent	-10% $-400	-5% $-290	+0% $-181	+5% $-71	+10% $38
Rate	-1.0pp $5	-0.5pp $-87	base $-181	+0.5pp $-276	+1.0pp $-374

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: $92,250
• Closing costs: $11,070
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-10
   status $369,000 Pending 35 DOM
2. 2026-06-09
   days on market $369,000 Active 35 DOM
3. 2026-06-08
   days on market $369,000 Active 34 DOM
4. 2026-06-07
   days on market $369,000 Active 33 DOM
5. 2026-06-04
   days on market $369,000 Active 30 DOM
6. 2026-06-03
   days on market $369,000 Active 29 DOM
7. 2026-06-02
   days on market $369,000 Active 28 DOM
8. 2026-06-01
   days on market $369,000 Active 27 DOM
9. 2026-05-31
   days on market $369,000 Active 26 DOM
10. 2026-05-05
    listed $369,000 Active
11. 2023-11-01
    soldstatus $285,000
12. 2023-10-27
    soldstatus $285,000 Closed 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

13. 2023-09-25
    status Pending 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

14. 2023-09-18
    price $299,000 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

15. 2023-09-15
    status Active 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

16. 2023-07-28
    status Pending 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

17. 2023-06-19
    status Active 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

18. 2023-06-12
    status Active 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

19. 2023-06-12
    historical 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

20. 2023-05-04
    status Pending 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

21. 2023-04-28
    status Active 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

22. 2023-04-07
    status Pending 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

23. 2023-04-04
    price $326,000 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

24. 2023-01-11
    listed $331,000 Active 446-char remark

    Show marketing remark (446 chars)

    Take a look at this beautiful newly renovated mobile home with huge lot with more than half and acre (. 85 acres). VA, CONVENTIONAL or CASH!!! 4 bedrooms, 2 baths home with over 1800 sqft. This home has open floor plan with top of the line vinyl laminated floors throughout the house. Home has entrance driveway. Located in a great community with NO Home owner association! You must view this one to appreciate all it has to offer. Will not last!

25. 2001-07-05
    soldstatus $5,100

ⓘ 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: $3,399 · $283/mo
• Projected year-2 tax: $3,399 · $283/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 9/10 Extreme 7 d/yr ≥108°F today · 22 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: $33,285
• − Mortgage interest: −$20,670
• − Property taxes: −$3,399
• − Insurance: −$1,845
• − Repairs & maintenance: −$2,663
• − Management: −$2,663
• − Depreciation: −$10,735
• Taxable loss: −$8,689
• Est. tax savings @ 24.0%: +$2,085
• After-tax cash flow: $-85/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 — Saint Cloud

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

Census & demographics

• County: Osceola County · 410,217 people
• City population: 106,667
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 5,816
• Household income: $80,524
• Rent vs Own: 10.2% rent · 89.8% own
• Severe rent burden: 47.0

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: Majority White (59%)
• Race & ethnicity: White 59% Hispanic / Latino 33% Two or more races 11%
• Hispanic origin (detail): Puerto Rican 20%
• Common ancestry: Portuguese 5% Slovak 3% Romanian 2%
• Foreign-born: 12% · Canada, South Korea
• Languages at home: 67% English-only · Spanish 27% Other Indo-European 4% German/W. Germanic 1%

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: ▼ -0.47%
• Current HPI: 279.5662
• Rent YoY: ▲ 1.79%
• 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

+7135.3% since first listed

16 events — show timeline

• 2026-05-05 Listed $369,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-01 Sold (Public Records) $285,000 Public Records
• 2023-10-27 Sold (MLS) $285,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-09-18 Price Changed $299,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-07-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-06-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-06-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-06-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-05-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-04-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-04-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-04-04 Price Changed $326,000 Stellar MLS as Distributed by MLS Grid
• 2023-01-11 Listed $331,000 Stellar MLS as Distributed by MLS Grid
• 2001-07-05 Sold (Public Records) $5,100 Public Records

Property tax history

+41.2%/yr

Latest (2025): $3,399 · +5.4% YoY. Source: county tax records.