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2759 L B Mcleod Rd Unit B
C- Composite 54.84
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 +18.4/30.0
  • 1% rule +9.7/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.8/10.0
  • Livability +4.3/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.9/5.0
  • Schools +2.6/10.0
  • Appreciation +0.0/10.0

$84,000

2759 L B Mcleod Rd Unit B · Orlando, FL 32805
1 bd · 1.0 ba · 780 sqft · SingleFamily · 107 Days on market
Built 1973 Good condition 2,946 sqft lot $108/sqft · 62% below area $320/mo HOA · 26% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great investment property with more than 12.8% of annual ROI! Fantastic location! Close to interstate, shopping and much more! This 1 bedroom 1 bath is rented to a stable tenant. Community pool and onsite management office, HOA is making improvements to the exteriors. This property is perfect for your investment portfolio and with guaranteed rent, a secure investment!!

Key facts

  • Central heating
  • Air conditioning
  • Private patio

Tags

PRIVATE PATIOCENTRAL HEATINGAIR CONDITIONINGPOOLMAINTAINED COMMON AREASEASY ACCESS TO I-4

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath single-family listed at $84k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $78 ($933/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $84k).
  • Recommended offer: $76k (9.0% below list) — sets the bar for market timing.
  • Cap rate 7.4% vs local median 3.1% 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.
  • Zoned schools: Catalina Elementary (math 35% / reading 26%, grade F, #1,862 of 2,144 statewide, top 88%, 612 students, 82% FRL); Memorial Middle (math 29% / reading 30%, grade F, #469 of 571 statewide, top 84%, 944 students, 75% FRL); Jones High (math 9% / reading 25%, grade F, #597 of 667 statewide, top 90%, 1,672 students, 75% FRL) — zoned schools average 78% FRL vs 56% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 26% at this address vs 48% district-wide (-23 pts) — the specific schools serving this property underperform the Orange average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.4%/yr); 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 85% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($41k/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 $581 of loan paydown is wiped out by about $3k 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 107 days — a 9% lower offer ($76k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 8y 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 $52k; list at $84k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 26% of rent.
Recommended offer $76,440 (9.0% below list)

Questions for the listing agent

  1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.47%
Cap rate
7.40%
Cash-on-cash
3.97%
DSCR
1.18
GRM
5.7

CMA / ARV

ARV (median comp)
$218,679
List price
$84,000
Delta
-61.59%
Verdict
UNDERPRICED
Comps
7 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1805 Guinyard Way 1.04mi 2/1.0 (+1) 800 (+3%) 12mo $165,000 $206 46
1338 38th St 0.93mi 2/2.0 (+1) 806 (+3%) 7mo $240,000 $298 45
3820 Wells St 1.09mi 2/1.0 (+1) 864 (+11%) 7mo $227,000 $263 36
1025 36th St 1.11mi 2/1.0 (+1) 666 (-15%) 2mo $192,900 $290 34
1831 Riley Ave 0.95mi 2/1.0 (+1) 720 (-8%) 18mo $229,000 $318 33
1801 Riley Ave 1.01mi 2/1.0 (+1) 720 (-8%) 18mo $185,000 $257 32

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 · 1.42% rent growth · sell at horizon

5-year hold
IRR
-12.5%
Equity multiple
0.56×
Total profit
$-10,382
Equity at exit
$12,525
10-year hold
IRR
-7.0%
Equity multiple
0.60×
Total profit
$-9,493
Equity at exit
$7,263

Cash invested: $23,520 (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.

ZIP-level market 32805

Home prices YoY
-7.6%
Rents YoY
1.4%
Active inventory
194
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,238 high interval (Pro) →
Mortgage (P&I)
$441
Tax est. 1.5%
$105 /mo · $1,260/yr
Insurance
$35
HOA
$320
Vacancy / Maint / Mgmt
$260
Net cashflow
$78

Break-even live

Break-even rent $1,140
Max offer price $84,000
Occupancy floor 89%

Sensitivity live

Price -10% $136 -5% $107 +0% $78 +5% $49 +10% $20
Rent -10% $-20 -5% $29 +0% $78 +5% $127 +10% $176
Rate -1.0pp $120 -0.5pp $99 base $78 +0.5pp $56 +1.0pp $34

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
$21,000
Closing costs
$2,520
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2783 L B McLeod Rd Unit D Orlando, FL 2.0 1.5 992 $1,195 $1.20 119d 1 0.00mi
2789 L B McLeod Rd Orlando, FL 1.0 1.0 780 $1,200 $1.54 30d 1 0.03mi
2789 L B McLeod Rd Unit D Orlando, FL 1.0 1.0 780 $1,175 $1.51 72d 1 0.03mi
2789 L B McLeod Rd Unit 2789B Orlando, FL 1.0 1.0 780 $1,100 $1.41 117d 1 0.03mi
2787 L B McLeod Rd Unit D Orlando, FL 2.0 1.0 780 $1,300 $1.67 110d 1 0.04mi
2759 L B McLeod Rd Unit C Orlando, FL 1.0 1.0 780 $1,100 $1.41 30d 1 0.04mi
2753 L B McLeod Rd Orlando, FL 2.0 1.5 992 $1,355 $1.37 10d 1 0.04mi
2753 L B McLeod Rd Unit D Orlando, FL 2.0 1.5 992 $1,295 $1.31 84d 1 0.04mi
2761 L B McLeod Rd Unit A Orlando, FL 2.0 1.5 992 $1,500 $1.51 3d 1 0.07mi
2763 L B McLeod Rd Unit B Orlando, FL 2.0 1.5 992 $1,295 $1.31 43d 1 0.07mi
2779 L B McLeod Rd Unit B Orlando, FL 2.0 1.5 992 $1,295 $1.31 30d 1 0.09mi
2779 L B McLeod Rd Unit D Orlando, FL 2.0 1.5 992 $1,200 $1.21 80d 1 0.09mi
2777 L B McLeod Rd Unit C Orlando, FL 2.0 1.5 922 $1,150 $1.25 110d 1 0.09mi
2777 L B McLeod Rd Unit C Orlando, FL 2.0 1.5 922 $1,150 $1.25 87d 1 0.09mi
2777 L B McLeod Rd Unit 2777A Orlando, FL 2.0 1.5 992 $1,325 $1.34 73d 1 0.09mi
2775 L B McLeod Rd Unit B Orlando, FL 2.0 1.5 992 $1,300 $1.31 117d 1 0.11mi
2000 33rd St Orlando, FL 2.0 2.0 864 $1,424 $1.65 6d 1 0.18mi
3960 Crayrich Cir Orlando, FL 1.0 2.0 762 $1,150 $1.51 119d 1 0.49mi
3954 Crayrich Cir Unit C5 Orlando, FL 1.0 1.5 762 $1,400 $1.84 84d 1 0.49mi
3946 Crayrich Cir Unit A3 Orlando, FL 1.0 1.5 762 $1,300 $1.71 73d 1 0.50mi
3977 Crayrich Cir Unit C-1 Orlando, FL 1.0 1.5 762 $1,185 $1.56 87d 1 0.52mi
3976 Crayrich Cir Unit C1 Orlando, FL 1.0 1.5 762 $1,375 $1.80 67d 1 0.53mi
3977 Crayrich Cir Orlando, FL 1.0 1.0 762 $1,150 $1.51 10d 1 0.53mi
3924 Crayrich Cir Unit C5 Orlando, FL 1.0 1.5 762 $1,495 $1.96 71d 1 0.54mi
3988 Crayrich Cir Unit C Orlando, FL 2.0 1.5 762 $1,600 $2.10 30d 1 0.55mi
3914 Crayrich Cir Unit GE Orlando, FL 1.0 1.5 762 $1,200 $1.57 119d 1 0.55mi
4001 Woodfern Dr Unit C1 Orlando, FL 1.0 1.5 762 $1,375 $1.80 67d 1 0.60mi
1835 Warringwood Dr Orlando, FL 2.0 1.5 762 $1,395 $1.83 117d 1 0.60mi
3024 Rio Grande Ave Orlando, FL 1.0–3.0 1.0–2.0 1058 $1,099 $1.04 119d 1 0.61mi
3924 Crayrich Cir Unit C-5 Orlando, FL 1.0 1.5 762 $1,495 $1.96 69d 1 0.63mi
4010 Dolomite St Unit A6 Orlando, FL 1.0 1.5 762 $1,200 $1.57 110d 1 0.63mi
2022 Ludlow Ln Orlando, FL 1.0 1.0 670 $1,295 $1.93 43d 1 0.68mi
4028 Billingsgate Rd Orlando, FL 1.0 1.0 670 $1,095 $1.63 30d 1 0.68mi
4028 Billingsgate Rd #1902 Orlando, FL 1.0 1.0 670 $995 $1.49 3d 1 0.68mi
4308 Lakeway Dr Unit E Orlando, FL 1.0 1.0 642 $1,050 $1.64 0d 1 0.72mi
4326 Aqua Vista Dr Unit 10E Orlando, FL 1.0 1.0 642 $1,050 $1.64 30d 1 0.75mi
2622 Lemon Tree Ln Unit 6-K Orlando, FL 2.0 2.0 976 $1,200 $1.23 117d 1 0.75mi
2636 Lemon Tree Ln #2636 Orlando, FL 1.0 1.0 642 $1,050 $1.64 119d 1 0.75mi
2526 Lemon Tree Ln Orlando, FL 1.0 1.0 642 $1,350 $2.10 30d 1 0.82mi
2634 Lemon Tree Ln Unit H Orlando, FL 2.0 2.0 976 $1,350 $1.38 30d 1 0.82mi

Property features AI

Finance

Other
Unfurnished unitLiving area listed as 780 (unit not repeated as sq. ft.)
HOA & community
Community has an associationManaged by Colombo Management Group LLCAssociation fee $320 monthly

Exterior

Parking
Parking lot
Utilities
Public sewerCable availableElectricity connectedSewer connectedWater connected
Home design
Single family residenceFaces eastMain-level entry
Construction
Stucco exteriorShingle roofBuilt (year not provided)
Exterior features
Asphalt road accessLot features: OtherDoes not have a private pool

Interior

Kitchen
Kitchen on the main levelNo appliances included
Bedrooms
1 bedroom on the main level
Flooring
Tile flooring
Bathrooms
1 full bathroom
Heating & cooling
Central heatingCentral air conditioning
Interior features
Open floorplan4 total rooms
Laundry & utility
Unfurnished unit (no washer/dryer listed)

HOA detail $320/mo · $3,840/yr

Likely covers
pool

Listing history 50 events

  1. 2026-09-11
    days on market $84,000 Active 107 DOM
  2. 2026-09-05
    days on market $84,000 Active 101 DOM
  3. 2026-09-04
    days on market $84,000 Active 100 DOM
  4. 2026-09-03
    days on market $84,000 Active 99 DOM
  5. 2026-08-31
    days on market $84,000 Active 96 DOM
  6. 2026-08-29
    days on market $84,000 Active 94 DOM
  7. 2026-08-28
    days on market $84,000 Active 93 DOM
  8. 2026-08-27
    days on market $84,000 Active 92 DOM
  9. 2026-08-25
    days on market $84,000 Active 90 DOM
  10. 2026-08-24
    days on market $84,000 Active 89 DOM
  11. 2026-08-23
    days on market $84,000 Active 88 DOM
  12. 2026-08-22
    days on market $84,000 Active 87 DOM
  13. 2026-08-21
    days on market $84,000 Active 86 DOM
  14. 2026-08-20
    days on market $84,000 Active 85 DOM
  15. 2026-08-19
    days on market $84,000 Active 84 DOM
  16. 2026-08-18
    days on market $84,000 Active 83 DOM
  17. 2026-08-17
    days on market $84,000 Active 82 DOM
  18. 2026-08-16
    days on market $84,000 Active 81 DOM
  19. 2026-08-15
    days on market $84,000 Active 80 DOM
  20. 2026-08-14
    days on market $84,000 Active 79 DOM
  21. 2026-08-13
    days on market $84,000 Active 78 DOM
  22. 2026-08-12
    days on market $84,000 Active 77 DOM
  23. 2026-08-11
    days on market $84,000 Active 76 DOM
  24. 2026-08-10
    days on market $84,000 Active 75 DOM
  25. 2026-08-09
    days on market $84,000 Active 74 DOM
  26. 2026-08-08
    days on market $84,000 Active 73 DOM
  27. 2026-08-06
    days on market $84,000 Active 71 DOM
  28. 2026-08-05
    days on market $84,000 Active 70 DOM
  29. 2026-08-04
    days on market $84,000 Active 69 DOM
  30. 2026-08-03
    days on market $84,000 Active 68 DOM
  31. 2026-07-31
    days on market $84,000 Active 65 DOM
  32. 2026-07-30
    days on market $84,000 Active 63 DOM
  33. 2026-07-28
    days on market $84,000 Active 62 DOM
  34. 2026-07-26
    days on market $84,000 Active 60 DOM
  35. 2026-07-24
    days on market $84,000 Active 58 DOM
  36. 2026-07-23
    days on market $84,000 Active 57 DOM
  37. 2026-07-22
    days on market $84,000 Active 56 DOM
  38. 2026-07-21
    days on market $84,000 Active 55 DOM
  39. 2026-07-20
    days on market $84,000 Active 54 DOM
  40. 2026-07-18
    days on market $84,000 Active 52 DOM
  41. 2026-07-16
    days on market $84,000 Active 50 DOM
  42. 2026-07-15
    days on market $84,000 Active 49 DOM
  43. 2026-07-14
    days on market $84,000 Active 48 DOM
  44. 2026-07-13
    days on market $84,000 Active 47 DOM
  45. 2026-07-13
    days on market $84,000 Active 46 DOM
  46. 2026-07-11
    days on market $84,000 Active 45 DOM
  47. 2026-07-10
    days on market $84,000 Active 44 DOM
  48. 2026-07-10
    days on market $84,000 Active 43 DOM
  49. 2026-07-07
    days on market $84,000 Active 41 DOM
  50. 2026-07-06
    days on market $84,000 Active 40 DOM

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,860
− Mortgage interest
−$4,705
− Property taxes
−$1,260
− Insurance
−$420
− Repairs & maintenance
−$1,189
− Management
−$1,189
− HOA
−$3,840
− Depreciation
−$2,444
Taxable loss
−$187
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$45
After-tax cash flow
$978/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 · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $3,900–$11,700 screening

This well-maintained 1-bedroom, 1-bathroom condo in Catalina Isles is ready for a new owner or renter. It offers a good ROI and is conveniently located with easy access to major roads and shopping centers.

Value-add opportunities

  • Both Painting the interior walls — Fresh paint can make the space feel new and inviting
  • Both Updating the flooring — Hardwood floors are durable and can add value to the property
  • Both Upgrading the kitchen appliances — Modern appliances can attract more renters and buyers
  • Both Adding a smart home system — Smart home features can increase the property's appeal and value

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 26/100

Zoned Schools

Elementary Catalina Elementary F FL #1,862/2,144 Nat'l #26,279/41,679 Middle Memorial Middle F FL #469/571 Nat'l #9,020/14,009 High Jones High F FL #597/667 Nat'l #15,029/17,239

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
A Composite livability gradescore 86/100

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 · 1,618,226 people
City population
964,969
Metro
Orlando-Kissimmee-Sanford, FL
Population (ZIP)
19,294
Household income
$40,515
Rent vs Own
56.8% rent · 43.2% own
Severe rent burden
16% of renters

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
Predominantly Black (70%)
Race & ethnicity
Black 70% Hispanic / Latino 15% White 13% Two or more races 8%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 1% Dominican 3%
Common ancestry
Hispanic 9% Russian 1%
Foreign-born
16% · Canada, Jamaica
Languages at home
80% English-only · Spanish 11% French/Haitian/Cajun 8%

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

Price history

+58.8% since first listed
8 events — show timeline
  • 2026-05-28 Listed $84,000 SCMLS
  • 2022-11-30 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2022-07-08 Listed $95,000 Stellar MLS as Distributed by MLS Grid
  • 2019-03-20 Sold (MLS) $52,000 Stellar MLS as Distributed by MLS Grid
  • 2019-01-30 Pending Stellar MLS as Distributed by MLS Grid
  • 2018-12-06 Price Changed $53,900 Stellar MLS as Distributed by MLS Grid
  • 2018-10-02 Price Changed $56,900 Stellar MLS as Distributed by MLS Grid
  • 2018-10-01 Listed $52,900 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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