1059 Greenskeep Dr · Kissimmee, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 8/10 · Major
- Hot days now (above 108°F)
- 6 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +14.7/30.0
- DSCR +4.5/10.0
- Livability +3.9/5.0
- Schools +3.6/10.0
- 1% rule +3.1/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$229,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
NO HOA – 3BR/2BA with Bonus Room, Large Carport & Detached Garage! Tucked in the established Country Green area, this move-in ready 2005 manufactured home sits on a quarter-acre (approx. 85’ x 132’) lot and features a covered carport 39'8" x 12'1" plus a detached garage—perfect for extra storage, hobbies, or a workshop. Inside you’ll find easy single-level living with tile floors throughout, an open living/dining area, and a kitchen with good prep space. The split layout includes a spacious primary bedroom (14'0" x 13'11") with an en-suite bath, a generous second bedroom (10'6" x 13'11"), and a third room (5'0" x 8'0&qu
Key facts
- Tile floors
- Huge covered carport
- Long driveway
Tags
Property features AI
Exterior
- Parking: Covered parking; Driveway; Guest parking; Alley access; Boat parking; Converted garage; 3-space carport
- Utilities: Public water; Septic tank; Cable connected; Electricity connected; Water connected
- Home design: Residential manufactured home (single wide); One story; Faces north; Located on a 0.26-acre lot (approx. 85 x 132)
- Construction: Concrete construction; Other roof; Other foundation
- Exterior features: Patio; Exterior lighting; Private mailbox; Chain link fencing; Asphalt/paved road access
Interior
- Kitchen: Dishwasher; Disposal; Microwave; Range
- Bedrooms: 3 bedrooms
- Flooring: Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans; Open floorplan; Thermostat
- Laundry & utility: Inside laundry room; Storage rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $230k.
Deal economics
- At list price, monthly cash flow is $57 ($682/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 $185k (19.4% below list).
- Recommended offer: $185k (19.4% below list) — sets the bar for 1% rule.
- Cap rate 6.6% vs local median 3.5% in Kissimmee — 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 77/100 on livability (#181 in FL, #2,841 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime D-, employment D-.
- 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: Pleasant Hill Elementary School (math 36% / reading 38%, grade F, #1,609 of 2,144 statewide, top 77%, 741 students, 59% FRL); Horizon Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,295 students, 75% FRL); Liberty High School (math 15% / reading 25%, grade F, #554 of 667 statewide, top 84%, 1,613 students, 52% FRL) — zoned schools at 62% FRL track the district average.
- Market conditions: Rents soft (-1.4%/yr); 378 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).
- This rent runs 42% of the median local income ($52k/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 $7k 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 231 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 12y 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 $55k; list at $230k implies a 318% 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; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 231 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 6.59%
- Cash-on-cash
- 1.06%
- DSCR
- 1.05
- GRM
- 10.3
CMA / ARV
- ARV (on-the-fly)
- $155,232
- Comps found
- 3
Show comp detail 3 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1043 Pineapple Way | 0.06mi | 3/2.0 | 924 (0%) | 10mo | $155,000 | $168 | 89 |
| 1090 Pineapple Way | 0.13mi | 2/2.0 (-1) | 840 (-9%) | 1mo | $110,000 | $131 | 73 |
| 1112 Dara Cay Dr | 0.25mi | 3/2.0 | 960 (+4%) | 12mo | $222,000 | $231 | 72 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -17.7%
- Equity multiple
- 0.39×
- Total profit
- $-39,145
- Equity at exit
- $34,279
- IRR
- -16.0%
- Equity multiple
- 0.21×
- Total profit
- $-50,744
- Equity at exit
- $19,878
Cash invested: $64,372 (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
ZIP-level market 34741
- Home prices YoY
- -28.3%
- Rents YoY
- -1.4%
- Active inventory
- 378
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $1,852 high interval (Pro) →
- Mortgage (P&I)
- −$1,206
- Tax from tax record
- −$105 /mo · $1,260/yr
- Insurance
- −$96
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$389
- Net cashflow
- $57
Break-even live
Sensitivity live
| Price | -10% $187 | -5% $122 | +0% $57 | +5% $-8 | +10% $-73 |
|---|---|---|---|---|---|
| Rent | -10% $-89 | -5% $-16 | +0% $57 | +5% $130 | +10% $203 |
| Rate | -1.0pp $173 | -0.5pp $115 | base $57 | +0.5pp $-3 | +1.0pp $-63 |
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
- $57,475
- Closing costs
- $6,897
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3201 Pershing St Unit 3207 Kissimmee, FL | 2.0 | 1.0 | 830 | $1,525 | $1.84 | 3d | 1 | 0.54mi |
| 3201 W Pershing St Unit 3223 Kissimmee, FL | 2.0 | 1.0 | 830 | $1,525 | $1.84 | 9d | 1 | 0.54mi |
| 2112 W Martin St Kissimmee, FL | 2.0 | 2.0 | 1023 | $1,595 | $1.56 | 16d | 1 | 1.13mi |
| 3190 Shingle Creek Ct Kissimmee, FL | 2.0 | 2.0 | 976 | $1,600 | $1.64 | 0d | 1 | 1.14mi |
| 2229 Bryan St #2231 Kissimmee, FL | 2.0 | 1.0 | 674 | $1,495 | $2.22 | 0d | 1 | 1.25mi |
| 801 Green Heron Ct Kissimmee, FL | 1.0–3.0 | 1.0–2.0 | 975 | $1,912 | $1.96 | 4d | 9 | 1.35mi |
| 701 7th Ave Kissimmee, FL | 3.0 | 1.0 | 1056 | $1,795 | $1.70 | 25d | 1 | 1.41mi |
| 900 Woodside Cir Kissimmee, FL | 1.0–3.0 | 1.0–2.5 | 1030 | $2,139 | $2.08 | 0d | 26 | 1.44mi |
Listing history 37 events
-
2026-06-21days on market $229,900 Active 231 DOM
-
2026-06-18days on market $229,900 Active 228 DOM
-
2026-06-17days on market $229,900 Active 227 DOM
-
2026-06-16days on market $229,900 Active 226 DOM
-
2026-06-15days on market $229,900 Active 225 DOM
-
2026-06-13days on market $229,900 Active 223 DOM
-
2026-06-13days on market $229,900 Active 222 DOM
-
2026-06-10days on market $229,900 Active 219 DOM
-
2026-06-08days on market $229,900 Active 218 DOM
-
2026-06-07days on market $229,900 Active 217 DOM
-
2026-06-04days on market $229,900 Active 214 DOM
-
2026-06-03days on market $229,900 Active 213 DOM
-
2026-06-02days on market $229,900 Active 212 DOM
-
2026-06-02days on market $229,900 Active 211 DOM
-
2026-05-31days on market $229,900 Active 210 DOM
-
2026-03-12status Active
-
2026-03-12price $229,900
-
2026-02-20status Active
-
2025-10-16price $224,900
-
2025-09-08$230,000 Active
-
2019-02-13status Pending
-
2019-02-13historical
-
2019-02-10$110,000 Active
-
2018-10-03status Pending
-
2018-09-29historical
-
2018-09-13price $100,000
-
2018-09-10status Active
-
2018-09-07status Pending
-
2018-08-08$110,000 Active
-
2018-03-15historical
-
2018-02-21$124,990 Active
-
2014-12-24soldstatus $55,000 Sold
-
2014-12-24soldstatus $55,000
-
2014-12-03status Pending
-
2014-11-23$65,000 Active
-
1982-02-01soldstatus $11,400
-
1981-11-01soldstatus $60,000
ⓘ 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
- $1,260 · $105/mo
- Projected year-2 tax
- $1,908 · $159/mo
- Expected delta
- +$648/yr (+$54/mo · 51.4%)
ⓘ 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 4/10 Moderate
- Heat 8/10 Severe 6 d/yr ≥108°F today · 20 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,227
- − Mortgage interest
- −$12,878
- − Property taxes
- −$1,260
- − Insurance
- −$1,150
- − Repairs & maintenance
- −$1,778
- − Management
- −$1,778
- − Depreciation
- −$6,688
- Taxable loss
- −$3,305
- Est. tax savings @ 24.0%
- +$793
- After-tax cash flow
- $1,475/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 — Kissimmee
- Score
- 77/100
- State rank
- #181
- US rank
- #2841
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Osceola County · 410,217 people
- City population
- 196,187
- Metro
- Orlando-Kissimmee-Sanford, FL
- Population (ZIP)
- 58,716
- Household income
- $52,409
- Rent vs Own
- Severe rent burden
- 5248.0
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
- Predominantly Hispanic (72%)
- Race & ethnicity
- Hispanic / Latino 72% Two or more races 20% White 16% Black 6% Asian 3%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 26% Cuban 4% Dominican 6%
- Common ancestry
- Estonian 1% Russian 1% Lithuanian 1%
- Foreign-born
- 39% · Canada, Jamaica
- Languages at home
- 27% English-only · Spanish 66% Other Indo-European 2% Arabic 2%
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
- ▼ -115.96%
- Current HPI
- 293.3914
- Rent YoY
- ▼ -1.43%
- 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 |
|
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| Technology Manufacturing | 1 | $35B |
|
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Price history
+283.2% since first listed22 events — show timeline
- 2026-03-12 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-03-12 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
- 2026-02-20 Relisted — Stellar MLS as Distributed by MLS Grid
- 2025-10-16 Price Changed $224,900 Stellar MLS as Distributed by MLS Grid
- 2025-09-08 Listed $230,000 Stellar MLS as Distributed by MLS Grid
- 2019-02-13 Pending — Stellar MLS as Distributed by MLS Grid
- 2019-02-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2019-02-10 Listed $110,000 Stellar MLS as Distributed by MLS Grid
- 2018-10-03 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-09-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2018-09-13 Price Changed $100,000 Stellar MLS as Distributed by MLS Grid
- 2018-09-10 Relisted — Stellar MLS as Distributed by MLS Grid
- 2018-09-07 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-08-08 Listed $110,000 Stellar MLS as Distributed by MLS Grid
- 2018-03-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2018-02-21 Listed $124,990 Stellar MLS as Distributed by MLS Grid
- 2014-12-24 Sold (Public Records) $55,000 Public Records
- 2014-12-24 Sold (MLS) $55,000 Stellar MLS as Distributed by MLS Grid
- 2014-12-03 Pending — Stellar MLS as Distributed by MLS Grid
- 2014-11-23 Listed $65,000 Stellar MLS as Distributed by MLS Grid
- 1982-02-01 Sold (Public Records) $11,400 Public Records
- 1981-11-01 Sold (Public Records) $60,000 Public Records
Property tax history
+9.1%/yrLatest (2025): $1,260 · +9.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…