6228 Springwoods Ln · Lakeland, FL 33811

$150,000

4 bd · 2.0 ba · 1,326 sqft · Manufactured public records · 6 Days on market

Built 1984 0.94 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

Key facts

• Private land
• Fenced in
• Rear porch

Tags

• SCREENED IN FRONT PORCH
• REAR PORCH
• PRIVATE LAND
• FENCED IN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $535 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).

Location & tenants

• Location reads 77/100 on livability (#206 in FL, #3,179 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, amenities F, commute F.
• 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: R. Bruce Wagner Elementary School (math 54% / reading 42%, grade D, #1,171 of 2,144 statewide, top 55%, 946 students, 46% FRL); Mulberry Senior High School (math 21% / reading 36%, grade F, #458 of 667 statewide, top 69%, 1,315 students, 57% FRL).
• Market conditions: Rents soft (-0.2%/yr); 360 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• 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.
• 7 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.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,000

Questions for the listing agent

1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.49% ✓
• Cap rate: 11.11%
• Cash-on-cash: 17.20%
• DSCR: 1.77
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 2.2%
• Equity multiple: 1.08×
• Total profit: $3,401
• Equity at exit: $22,365

10-year hold

• IRR: 8.2%
• Equity multiple: 1.53×
• Total profit: $22,200
• Equity at exit: $12,969

Cash invested: $42,000 (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 33811

• Home prices YoY: -26.2%
• Rents YoY: -0.2%
• Active inventory: 360
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,232 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$313 /mo · $3,752/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $535

Break-even live

Break-even rent $1,555

Max offer price $150,000

Occupancy floor 71%

Sensitivity live

Price	-10% $620	-5% $578	+0% $535	+5% $493	+10% $450
Rent	-10% $359	-5% $447	+0% $535	+5% $624	+10% $712
Rate	-1.0pp $611	-0.5pp $574	base $535	+0.5pp $497	+1.0pp $457

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4450 Spring Ln Lakeland, FL	3.0	2.0	1369	$1,600	$1.17	24d	1	0.58mi
4505 Breccia Ln Lakeland, FL	3.0	2.0	1540	$2,029	$1.32	15d	1	0.84mi
5765 Arlington River Dr Lakeland, FL	3.0	2.0	1672	$2,199	$1.32	4d	1	1.34mi

Listing history 25 events

1. 2026-02-04
   status Pending
2. 2026-01-29
   listed $150,000 Active
3. 2023-05-08
   soldstatus $350,000
4. 2023-04-28
   soldstatus $350,000 Closed 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

5. 2023-03-28
   status Pending 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

6. 2023-03-28
   status Active 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

7. 2023-03-11
   status Pending 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

8. 2023-02-20
   price $350,000 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

9. 2023-02-03
   listed $369,000 Active 896-char remark

   Show marketing remark (896 chars)

   This beautifully remodeled 4 Bedroom 2 bath home is nestled on almost 1 acre of land with a Privacy fence surrounding the property. The home boasts all new stainless-steel appliances, newer ac unit, roof was replaced in 2016, new water heater, and home has been completely updated with vinyl laminate floors, hardwood shaker cabinets, quartz countertop, and much more. The living space is large and has all the features for a large or growing family. There are 3 sheds on the property, and one is 16x22 for your workshop or storage needs. Plenty of space to roam and feel secure with your Remote-controlled gate for complete security and privacy. Centrally located with a Publix and Burger King, less than a mile away. Close to I-4, Highway 60, South Lakeland, Mulberry or Plant City. This home is an absolute must see. Due to the updating the County has changed the effective year built to 2021.

10. 2022-07-21
    soldstatus $135,000
11. 2016-03-18
    soldstatus $110,000 Sold 164-char remark

    Show marketing remark (164 chars)

    Location and land. Plus pretty cute to boot! Come see this 3 bedroom, 2 bath mobile. It looks like a house! Great Southwest location close to Countyline Rd and I-4.

12. 2016-03-04
    historical 164-char remark

    Show marketing remark (164 chars)

    Location and land. Plus pretty cute to boot! Come see this 3 bedroom, 2 bath mobile. It looks like a house! Great Southwest location close to Countyline Rd and I-4.

13. 2016-03-02
    listed $110,000 164-char remark

    Show marketing remark (164 chars)

    Location and land. Plus pretty cute to boot! Come see this 3 bedroom, 2 bath mobile. It looks like a house! Great Southwest location close to Countyline Rd and I-4.

14. 2015-12-28
    historical
15. 2015-12-23
    soldstatus $45,000 Sold
16. 2015-11-19
    status Pending
17. 2015-11-16
    historical Contingent - REO Waiting For Signatures
18. 2015-11-06
    listed $49,900 Active
19. 2014-07-15
    historical
20. 2014-06-14
    price $84,900 Active
21. 2014-06-14
    status Active
22. 2014-05-23
    historical
23. 2014-05-22
    listed $75,000
24. 1997-10-23
    soldstatus $10,800
25. 1990-03-01
    soldstatus $10,750

ⓘ 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: $3,752 · $313/mo
• Projected year-2 tax: $3,752 · $313/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 6 d/yr ≥108°F today · 21 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: $26,789
• − Mortgage interest: −$8,402
• − Property taxes: −$3,752
• − Insurance: −$1,547
• − Repairs & maintenance: −$2,143
• − Management: −$2,143
• − Depreciation: −$4,364
• Taxable income: $4,437
• Est. tax owed @ 24.0%: −$1,065
• After-tax cash flow: $5,360/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 — Lakeland

• Score: 77/100
• State rank: #206
• US rank: #3179

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 277,690
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 29,472
• Household income: $90,263
• Rent vs Own: 23.0% rent · 77.0% own
• Severe rent burden: 477.0

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 (63%)
• Race & ethnicity: White 63% Hispanic / Latino 23% Two or more races 14% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 5% Cuban 4%
• Common ancestry: Italian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 83% English-only · Spanish 14% French/Haitian/Cajun 1% Tagalog/Filipino 1%

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: ▼ -109.57%
• Current HPI: 309.0061
• Rent YoY: ▼ -0.19%
• Metro: Lakeland-Winter Haven, 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

+1295.3% since first listed

25 events — show timeline

• 2026-02-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-29 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2023-05-08 Sold (Public Records) $350,000 Public Records
• 2023-04-28 Sold (MLS) $350,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-03-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-20 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-03 Listed $369,000 Stellar MLS as Distributed by MLS Grid
• 2022-07-21 Sold (Public Records) $135,000 Public Records
• 2016-03-18 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2016-03-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-03-02 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 2015-12-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-12-23 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
• 2015-11-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-11-16 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-11-06 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2014-07-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Price Changed $84,900 Stellar MLS as Distributed by MLS Grid
• 2014-05-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-05-22 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 1997-10-23 Sold (Public Records) $10,800 Public Records
• 1990-03-01 Sold (Public Records) $10,750 Public Records

Property tax history

+13.0%/yr

Latest (2025): $3,752 · +6.1% YoY. Source: county tax records.