102 Rum Run Unit 37-102 · Four Corners, 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 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 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 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).
- ARV discount +15.0/15.0
- Cash flow +7.1/30.0
- 1% rule +5.5/10.0
- Appreciation +4.7/10.0
- Condition / age +4.0/5.0
- Schools +3.9/10.0
- Livability +3.5/5.0
- Rent growth +1.8/5.0
- DSCR +1.3/10.0
$215,000
102 Rum Run Unit 37-102 · Four Corners, FL 33897
3 bd · 2.0 ba · 1,227 sqft · Condo
· 118 Days on market
Built 2005
$175/sqft
· 29% below area
Est $301k · 29% under
$596/mo HOA · 27% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Looking for an investment or condo to make your own? Then, look for no further. Located in building 37, this ground floor condo is a short walk to tennis and basketball courts as well as the main club house, reception and amenities area. This community has an abundance of amenities to offer its homeowners and guests including 4 community pools, hot tub spas, beach side bar and restaurant, fishing pier, walking trail, etc. Located close to Disney, easy access to I4 for the theme parks, airports or either coast. Live the Florida lifestyle.
Key facts
- Screened patios
- New water heater
- Updated kitchen
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $215k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-306 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $171k (20.6% below list).
- Meets the 1% rule at list price ($2k rent vs $215k).
- Recommended offer: $171k (20.6% below list) — sets the bar for cash-flow.
- Cap rate 4.6% vs local median 3.3% in Four Corners — 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 69/100 on livability (#453 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-; Watch: amenities F, health & safety 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: Citrus Ridge A Civics Academy (math 35% / reading 37%, grade F, #1,670 of 2,144 statewide, top 78%, 1,457 students, 48% FRL); Lake Alfred Polytech Academy (math 41% / reading 43%, grade D-, #340 of 571 statewide, top 61%, 645 students, 59% FRL); Davenport High School (2,333 students, 37% FRL).
- Market conditions: Rents soft (-2.7%/yr); 836 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
- This rent runs 38% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $176 of equity ($1k loan paydown + $-1k appreciation (-0.6% local appreciation)).
- Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 118 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
- 3 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 $159k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 27% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$170,716
(20.6% below list)
Questions for the listing agent
- 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?
- It's been on market 118 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- 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.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.05% ✓
- Cap rate
- 4.58%
- Cash-on-cash
- -6.10%
- DSCR
- 0.73
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $301,295
- List price
- $215,000
- Delta
- -28.64%
- Verdict
- UNDERPRICED
- Comps
- 17 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 402 Lucaya Loop | 0.13mi | 3/2.0 | 1,227 (0%) | 0mo | $179,000 | $146 | 94 |
| 110 Watling Way | 0.20mi | 3/2.0 | 1,227 (0%) | 0mo | $183,000 | $149 | 90 |
| 714 New Providence Promenade | 0.27mi | 3/2.0 | 1,227 (0%) | 0mo | $178,000 | $145 | 87 |
| 508 Hillcrest Dr | 0.20mi | 4/2.0 (+1) | 1,414 (+15%) | 0mo | $340,000 | $240 | 61 |
| 642 Polo Park East Blvd | 1.12mi | 2/2.0 (-1) | 1,170 (-5%) | 0mo | $167,900 | $144 | 52 |
| 622 Dreama Dr | 1.26mi | 3/2.0 | 1,404 (+14%) | 1mo | $152,000 | $108 | 40 |
| 612 Allison Ave | 0.84mi | 3/2.0 | 1,492 (+22%) | 0mo | $285,000 | $191 | 40 |
| 8836 Dunes Ct #208 | 1.36mi | 4/2.0 (+1) | 1,377 (+12%) | 1mo | $269,000 | $195 | 39 |
| 357 Wade Park Ct | 1.43mi | 2/2.0 (-1) | 1,392 (+13%) | 1mo | $180,000 | $129 | 37 |
| 8816 Dunes Ct #303 | 1.44mi | 2/2.0 (-1) | 1,048 (-15%) | 0mo | $165,000 | $157 | 36 |
| 241 Lake Trout | 0.93mi | 2/2.0 (-1) | 1,404 (+14%) | 1mo | $145,000 | $103 | 35 |
| 142 Capri Dr | 1.26mi | 4/3.0 (+1) | 1,492 (+22%) | 1mo | $240,000 | $161 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-0.61% appreciation · 0.0% rent growth · sell at horizon
5-year hold
- IRR
- -14.7%
- Equity multiple
- 0.37×
- Total profit
- $-38,049
- Equity at exit
- $55,961
10-year hold
- IRR
- -11.7%
- Equity multiple
- -0.01×
- Total profit
- $-60,541
- Equity at exit
- $62,301
Cash invested: $60,200 (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.
Active competition Active MLS
- For sale now
- 1 active · 2 under contract
- Median asking
- $200,000 ($163/sqft)
- Median days on market
- 286 d
- This list price
- 100% of active listings are priced below it
- ARV vs active asking
- +50.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33897
- Home prices YoY
- -0.3%
- Rents YoY
- -2.7%
- Active inventory
- 836
- Price-to-rent
- 8.0×
Monthly cashflow live
↻
- Estimated rent
- $2,248 high interval (Pro) →
- Mortgage (P&I)
- −$1,127
- Tax est. 1.5%
- −$269 /mo · $3,225/yr
- Insurance
- −$90
- HOA
- −$596
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$472
- Net cashflow
- $-306
Break-even live
Break-even rent
$2,635
Max offer price
$170,716
Occupancy floor
—
Sensitivity live
| Price | -10% $-157 | -5% $-232 | +0% $-306 | +5% $-380 | +10% $-455 |
|---|---|---|---|---|---|
| Rent | -10% $-484 | -5% $-395 | +0% $-306 | +5% $-217 | +10% $-128 |
| Rate | -1.0pp $-198 | -0.5pp $-251 | base $-306 | +0.5pp $-362 | +1.0pp $-418 |
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
- $53,750
- Closing costs
- $6,450
- Club membership (one-time)
- —
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 110 Andros Ave Davenport, FL | 3.0 | 2.0 | 1227 | $2,750 | $2.24 | 9d | 1 | 0.09mi |
| 310 Rum Run Unit 1626241P Davenport, FL | 3.0 | 2.0 | 1194 | $3,756 | $3.15 | 4d | 1 | 0.11mi |
| 226 Hillcrest Dr Davenport, FL | 4.0 | 2.0 | 1488 | $2,500 | $1.68 | 119d | 1 | 0.15mi |
| 304 New Providence Promenade Unit 304 Davenport, FL | 3.0 | 2.0 | 1227 | $1,495 | $1.22 | 119d | 1 | 0.18mi |
| 509 Hillcrest Dr Davenport, FL | 4.0 | 2.0 | 1414 | $2,067 | $1.46 | 4d | 1 | 0.20mi |
| 603 New Providence Promenade #603 Davenport, FL | 3.0 | 2.0 | 1227 | $1,550 | $1.26 | 119d | 1 | 0.23mi |
| 838 Hillcrest Dr Davenport, FL | 4.0 | 2.0 | 1354 | $2,200 | $1.62 | 9d | 1 | 0.24mi |
| 515 Corso Ln Davenport, FL | 2.0–3.0 | 2.5 | 1402 | $2,395 | $1.71 | 0d | 8 | 0.26mi |
| 257 Margate Dr Davenport, FL | 3.0 | 2.0 | 1212 | $2,300 | $1.90 | 7d | 1 | 0.47mi |
| 257 Margate Dr Davenport, FL | 3.0 | 2.0 | 1212 | $2,200 | $1.82 | 4d | 1 | 0.47mi |
| 50989 Highway 27 #333 Davenport, FL | 3.0 | 2.0 | 1328 | $2,650 | $2.00 | 80d | 1 | 0.49mi |
| 309 Catfish Dr E Davenport, FL | 3.0 | 2.0 | 1454 | $1,895 | $1.30 | 119d | 1 | 0.60mi |
| 1301 Tuscan Hills Blvd Unit 9406 1 Davenport, FL | 2.0 | 2.0 | 1134 | $2,050 | $1.81 | 9d | 1 | 0.64mi |
| 1301 Tuscan Hills Blvd Unit 9406 1 Davenport, FL | 2.0 | 2.0 | 1134 | $2,200 | $1.94 | 119d | 1 | 0.64mi |
| 287 S Walleye Dr Davenport, FL | 3.0 | 2.0 | 1437 | $1,795 | $1.25 | 9d | 1 | 0.67mi |
| 50989 Highway 27 #108 Davenport, FL | 2.0 | 1.0 | 800 | $1,500 | $1.88 | 117d | 1 | 0.68mi |
| 774 Chelsea Dr Davenport, FL | 2.0 | 2.5 | 988 | $1,700 | $1.72 | 9d | 1 | 0.74mi |
| 908 Chelsea Dr Davenport, FL | 2.0 | 2.5 | 1200 | $1,600 | $1.33 | 9d | 1 | 0.77mi |
| 807 Chelsea Dr Davenport, FL | 2.0 | 2.5 | 1076 | $1,450 | $1.35 | 119d | 1 | 0.78mi |
| 183 Ashbourne Way Davenport, FL | 1.0–3.0 | 1.0–2.0 | 1039 | $2,195 | $2.11 | 9d | 32 | 0.80mi |
| 326 Chelsea Dr Davenport, FL | 2.0 | 2.5 | 1313 | $2,000 | $1.52 | 65d | 1 | 0.84mi |
| 222 Bexley Dr Davenport, FL | 2.0 | 2.5 | 1313 | $2,000 | $1.52 | 119d | 1 | 0.84mi |
| 538 Bexley Dr Davenport, FL | 2.0 | 2.5 | 1267 | $1,675 | $1.32 | 9d | 1 | 0.84mi |
| 315 Allison Ave Davenport, FL | 3.0 | 2.0 | 1180 | $2,400 | $2.03 | 119d | 1 | 0.87mi |
| 315 Allison Ave Davenport, FL | 3.0 | 2.0 | 1180 | $2,450 | $2.08 | 9d | 1 | 0.87mi |
| 315 Bexley Dr Davenport, FL | 2.0 | 2.5 | 1378 | $1,650 | $1.20 | 65d | 1 | 0.87mi |
| 2010 Limetta DR Davenport, FL | 1.0–3.0 | 1.0–2.0 | 1178 | $2,479 | $2.10 | 9d | 12 | 0.88mi |
| 314 Allison Ave Davenport, FL | 3.0 | 2.0 | 1180 | $2,750 | $2.33 | 9d | 1 | 0.90mi |
| 1428 Chelsea Dr Davenport, FL | 3.0 | 2.5 | 1500 | $1,950 | $1.30 | 80d | 1 | 0.90mi |
| 142 Glasgow Ct Davenport, FL | 3.0 | 2.0 | 1238 | $2,500 | $2.02 | 9d | 1 | 0.98mi |
| 1492 Mirabella Cir Davenport, FL | 3.0 | 2.5 | 1435 | $1,950 | $1.36 | 110d | 1 | 1.00mi |
| 1492 Mirabella Cir Davenport, FL | 3.0 | 2.0 | 1435 | $1,995 | $1.39 | 119d | 1 | 1.00mi |
| 1548 Mirabella Cir Davenport, FL | 3.0 | 2.5 | 1418 | $2,200 | $1.55 | 9d | 1 | 1.01mi |
| 1556 Mirabella Cir Davenport, FL | 3.0 | 2.5 | 1371 | $1,950 | $1.42 | 99d | 1 | 1.01mi |
| 237 Somerset Dr Davenport, FL | 2.0 | 1.0 | 1330 | $1,900 | $1.43 | 119d | 1 | 1.02mi |
| 901 Charo Pkwy #734 Davenport, FL | 3.0 | 3.0 | 1217 | $2,700 | $2.22 | 0d | 1 | 1.03mi |
| 907 Charo Pkwy #921 Davenport, FL | 3.0 | 3.0 | 1326 | $1,800 | $1.36 | 65d | 1 | 1.06mi |
| 1604 Mirabella Cir Davenport, FL | 3.0 | 2.5 | 1435 | $2,100 | $1.46 | 9d | 1 | 1.06mi |
| 9055 Treasure Trove Ln #201 Kissimmee, FL | 2.0 | 2.0 | 1445 | $1,650 | $1.14 | 7d | 1 | 1.07mi |
| 9055 Treasure Trove Ln #201 Kissimmee, FL | 2.0 | 2.0 | 1445 | $1,650 | $1.14 | 42d | 1 | 1.07mi |
Property features AI
Finance
- Other
- Unit is furnished
- Financial info
- Total annual fees $7,152Lease restrictions apply
- HOA & community
- Monthly HOA fee of $596HOA includes guard (24 hour), cable TV, internet, pool, recreational facilities, maintenance (structure and grounds), management, pest control, private road, sewer, trash, water, common area taxes, escrow reservesCommunity amenities: clubhouse, fitness center, playground, pool, tennis courts, shuffleboard court, spa/hot tub, sidewalks, street lights, deed restrictions, special community restrictions, wheelchair accessPets allowed (max 25 lb)On-site property manager
Exterior
- Parking
- Open parking
- Security
- Gated communitySmoke detectors
- Utilities
- Public waterPublic sewerElectricity connectedHigh-speed internet availableWater connectedSewer connected
- Home design
- Residential condominiumGround floor unit (Floor 1)Faces westAccessible approach with ramp, accessible entrance, accessible bedroom and kitchen
- Construction
- Vinyl siding, wood siding and frame constructionShingle roofSlab foundation
- Exterior features
- Covered, enclosed and screened rear porchSliding doorsRain guttersSidewalk
Interior
- Kitchen
- DishwasherMicrowaveRangeRefrigeratorSolid surface countersSolid wood cabinets
- Bedrooms
- 3 bedrooms
- Flooring
- Ceramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air
- Interior features
- Ceiling fansKitchen/family room comboOpen floorplanSolid surface countersSolid wood cabinetsThermostatBlinds and window treatments
- Laundry & utility
- WasherDryerLaundry closetElectric water heater
HOA detail $596/mo · $7,152/yr condo
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $215,000 Active 118 DOM
-
2026-09-22days on market $215,000 Active 117 DOM
-
2026-09-20days on market $215,000 Active 115 DOM
-
2026-09-19days on market $215,000 Active 114 DOM
-
2026-09-18days on market $215,000 Active 113 DOM
-
2026-09-17days on market $215,000 Active 112 DOM
-
2026-09-16days on market $215,000 Active 111 DOM
-
2026-09-15days on market $215,000 Active 110 DOM
-
2026-09-14days on market $215,000 Active 109 DOM
-
2026-09-13days on market $215,000 Active 108 DOM
-
2026-09-12days on market $215,000 Active 107 DOM
-
2026-09-11days on market $215,000 Active 106 DOM
-
2026-09-05days on market $215,000 Active 100 DOM
-
2026-09-04days on market $215,000 Active 99 DOM
-
2026-09-03days on market $215,000 Active 98 DOM
-
2026-08-31pricedays on market $215,000 Active 95 DOM
-
2026-08-30days on market $219,000 Active 94 DOM
-
2026-08-29days on market $219,000 Active 93 DOM
-
2026-08-28days on market $219,000 Active 92 DOM
-
2026-08-27days on market $219,000 Active 91 DOM
-
2026-08-26days on market $219,000 Active 90 DOM
-
2026-08-25days on market $219,000 Active 89 DOM
-
2026-08-24days on market $219,000 Active 88 DOM
-
2026-08-23days on market $219,000 Active 87 DOM
-
2026-08-22days on market $219,000 Active 86 DOM
-
2026-08-21days on market $219,000 Active 85 DOM
-
2026-08-20days on market $219,000 Active 84 DOM
-
2026-08-19days on market $219,000 Active 83 DOM
-
2026-08-18days on market $219,000 Active 82 DOM
-
2026-08-17days on market $219,000 Active 81 DOM
-
2026-08-16days on market $219,000 Active 80 DOM
-
2026-08-15days on market $219,000 Active 79 DOM
-
2026-08-14days on market $219,000 Active 78 DOM
-
2026-08-13days on market $219,000 Active 77 DOM
-
2026-08-12days on market $219,000 Active 76 DOM
-
2026-08-11days on market $219,000 Active 75 DOM
-
2026-08-10days on market $219,000 Active 74 DOM
-
2026-08-09days on market $219,000 Active 73 DOM
-
2026-08-08days on market $219,000 Active 72 DOM
-
2026-08-07days on market $219,000 Active 71 DOM
-
2026-08-06days on market $219,000 Active 70 DOM
-
2026-08-05days on market $219,000 Active 69 DOM
-
2026-08-04days on market $219,000 Active 68 DOM
-
2026-08-03days on market $219,000 Active 67 DOM
-
2026-07-31days on market $219,000 Active 64 DOM
-
2026-07-30days on market $219,000 Active 63 DOM
-
2026-07-30days on market $219,000 Active 62 DOM
-
2026-07-28days on market $219,000 Active 61 DOM
-
2026-07-26days on market $219,000 Active 59 DOM
-
2026-07-24days on market $219,000 Active 57 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 7 d/yr ≥107°F today · 24 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
- $26,974
- − Mortgage interest
- −$12,043
- − Property taxes
- −$3,225
- − Insurance
- −$1,075
- − Repairs & maintenance
- −$2,158
- − Management
- −$2,158
- − HOA
- −$7,152
- − Depreciation
- −$6,255
- Taxable loss
- −$7,092
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,702
- After-tax cash flow
- $-1,970/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
80/100
Cosmetic rehab
Est. rehab $6,135–$18,405 screening
This move-in ready condo is well-maintained and fully updated, with a good condition score and minimal repairs needed.
Value-add opportunities
- Both Paint exterior siding — Enhances curb appeal and value ↑
- Both Replace window screens — Improves energy efficiency and aesthetics ↑
ⓘ 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 39/100
Zoned Schools
Elementary
Citrus Ridge A Civics Academy
F
FL #1,670/2,144
Nat'l #22,595/41,679
Middle
Lake Alfred Polytech Academy
D-
FL #340/571
Nat'l #5,398/14,009
High
Davenport High School
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
C
Composite livability gradescore 69/100
Livability — Four Corners
- Score
- 69/100
- State rank
- #453
- US rank
- #8218
Category grades
Amenities F
Commute C+
Cost of living A-
Crime B-
Employment C
Housing A+
Health & safety F
User ratings A-
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Four Corners, FL
- County
- Polk County · 752,975 people
- City population
- 27,422
- Metro
- Lakeland-Winter Haven, FL
- Population (ZIP)
- 30,159
- Household income
- $70,982
- Rent vs Own
- Severe rent burden
- 27% of renters
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
- Diverse neighborhood (Simpson 0.61)
- Race & ethnicity
- White 45% Hispanic / Latino 43% Two or more races 12% Black 5% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 21% Cuban 2% Dominican 2%
- Common ancestry
- Romanian 2% Lithuanian 2% Serbian 1%
- Foreign-born
- 16% · Canada, Jamaica, China
- Languages at home
- 61% English-only · Spanish 34% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -0.61%
- Current HPI
- 236.2905
- Rent YoY
- ▼ -2.69%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+36.4% since first listed6 events — show timeline
- 2026-05-28 Listed $225,000 Stellar MLS as Distributed by MLS Grid
- 2021-10-26 Sold (MLS) $159,000 Stellar MLS as Distributed by MLS Grid
- 2021-10-06 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-10-02 Relisted — Stellar MLS as Distributed by MLS Grid
- 2021-09-22 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-09-17 Listed $165,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…