108 Kensington Park Dr · Four Corners, FL 33897

$219,000

2 bd · 2.0 ba · 1,222 sqft · Manufactured public records · 72 Days on market

Built 1984 6,016 sqft lot $70/mo HOA · 4% of rent

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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 +11.6/30.0
• ARV discount +7.5/15.0
• Appreciation +4.7/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• 1% rule +3.4/10.0
• DSCR +3.4/10.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0

Listing remarks MLS

Two living rooms and 1222 square feet. This home has been replumbed. Lots of windows across the front living room which allows lots of light into the room. The laundry iand the water heater are in the shed. There is also a golf cart shed with double doors. The back years has a cement patio. The home backs up to an empty lot. Own your own land with very low HOA fees. Enjoy 2 pools and 2 clubhouses. The community also has a golf course, tennis courts, shuffle board courts, bocci ball, pool tables, workout room, horseshoe pits and a library. There are lots of activities for your enjoyment.

Key facts

• 6,016 sq ft lot
• 2 parking spots
• Built 1984

Property features AI

Finance

• Other: Lot roughly 60 x 100 (about 0.14 acres); asphalt public-maintained road access
• HOA & community: Has HOA; annual fee $840 (monthly equivalent $70); Association fees required; Community has street lights; Senior community; Pets allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available; Underground utilities
• Home design: Manufactured double-wide home; Single story; South-facing
• Construction: Vinyl siding over frame construction; Membrane roof; Crawlspace foundation; Built as a double wide manufactured structure
• Exterior features: Awnings

Interior

• Kitchen: Range; Range hood; Dishwasher; Refrigerator; Disposal
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Eat-in kitchen; Open floor plan; Vaulted ceilings; Walk-in closets; Window treatments
• Laundry & utility: Washer; Dryer; Dedicated laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $219k.

Deal economics

• At list price, monthly cash flow is $-68 ($-815/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (5.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (15.9% below list).
• Recommended offer: $184k (15.9% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.2% 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: Loughman Oaks Elementary School (math 36% / reading 36%, grade F, #1,670 of 2,144 statewide, top 78%, 1,052 students, 37% 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) — zoned schools average 44% FRL vs 60% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents soft (-2.7%/yr); 648 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 31% 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 $180 of equity ($2k 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 72 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y 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 $160k; 37% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,253 (15.9% 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 72 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
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 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.33%
• DSCR: 0.94
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.61% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.64×
• Total profit: $-22,292
• Equity at exit: $57,002

10-year hold

• IRR: -4.3%
• Equity multiple: 0.61×
• Total profit: $-23,789
• Equity at exit: $63,460

Cash invested: $61,320 (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 33897

• Home prices YoY: -0.3%
• Rents YoY: -2.7%
• Active inventory: 648
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,843 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$214 /mo · $2,566/yr
• Insurance: −$91
• HOA: −$70
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $-68

Break-even live

Break-even rent $1,929

Max offer price $207,000

Occupancy floor 99%

Sensitivity live

Price	-10% $56	-5% $-6	+0% $-68	+5% $-130	+10% $-192
Rent	-10% $-213	-5% $-141	+0% $-68	+5% $5	+10% $78
Rate	-1.0pp $42	-0.5pp $-12	base $-68	+0.5pp $-125	+1.0pp $-182

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
232 Nesbitt Park Ave Davenport, FL	2.0	2.0	864	$1,325	$1.53	25d	1	0.12mi
130 Orlando Breeze Cir Davenport, FL	1.0–3.0	1.0–2.0	1022	$2,097	$2.05	16d	21	0.24mi
1000 Western Breeze CIR Unit 3-410 Davenport, FL	2.0	2.0	1185	$2,360	$1.99	5d	1	0.25mi
623 Coconut Palm Way Davenport, FL	3.0	2.0	1100	$1,650	$1.50	25d	1	0.27mi
400 Australian Way Unit A Davenport, FL	3.0	2.0	1350	$1,600	$1.19	16d	1	0.31mi
1000 Western Breeze Cir Davenport, FL	1.0–3.0	1.0–2.0	1350	$2,448	$1.81	16d	83	0.32mi
217 Australian Way Unit A Davenport, FL	3.0	2.0	1211	$1,750	$1.45	4d	1	0.36mi
2929 Fan Palm Dr Davenport, FL	3.0	3.0	1090	$1,600	$1.47	16d	1	0.39mi
2929 Fan Palm Dr Unit 1 Davenport, FL	3.0	2.5	1090	$1,600	$1.47	16d	1	0.39mi
2918 Fan Palm Dr Unit Main Davenport, FL	3.0	2.0	1400	$1,800	$1.29	25d	1	0.40mi
223 Washington Palm Loop Unit B Davenport, FL	1.0	1.0	745	$1,000	$1.34	25d	1	0.42mi
631 Washington Palm Loop Davenport, FL	3.0	2.0	1387	$1,450	$1.05	25d	1	0.44mi
601 Washington Palm Loop Unit B Davenport, FL	1.0	1.0	800	$1,100	$1.38	25d	1	0.44mi
1623 Fan Palm Dr Davenport, FL	3.0	2.5	1451	$1,950	$1.34	5d	1	0.47mi
218 Langford Park Dr Davenport, FL	3.0	2.0	1479	$2,100	$1.42	25d	1	0.51mi
315 Allison Ave Davenport, FL	3.0	2.0	1180	$2,400	$2.03	25d	1	0.62mi
1000 Ketner St Davenport, FL	1.0–3.0	1.0–2.0	1057	$1,746	$1.65	5d	22	0.65mi
50989 Highway 27 #108 Davenport, FL	2.0	1.0	800	$1,500	$1.88	23d	1	0.81mi
2010 Limetta DR Davenport, FL	1.0–3.0	1.0–2.0	1178	$1,970	$1.67	5d	15	0.83mi
309 Catfish Dr E Davenport, FL	3.0	2.0	1454	$1,895	$1.30	25d	1	0.87mi
130 Town Center Blvd Clermont, FL	1.0–3.0	1.0–2.0	904	$1,890	$2.09	0d	20	0.89mi
145 Town Center Blvd Clermont, FL	1.0–3.0	1.0–3.0	1029	$1,850	$1.80	0d	23	1.02mi
218 Haversham Way Davenport, FL	1.0	1.0	785	$600	$0.76	25d	1	1.09mi
17345 Cagan Crossings Blvd Clermont, FL	3.0	2.0	1269	$2,195	$1.73	14d	1	1.14mi
603 New Providence Promenade #603 Davenport, FL	3.0	2.0	1227	$1,550	$1.26	25d	1	1.26mi
304 New Providence Promenade Unit 304 Davenport, FL	3.0	2.0	1227	$1,495	$1.22	25d	1	1.29mi
183 Ashbourne Way Davenport, FL	1.0–3.0	1.0–2.0	1039	$1,822	$1.75	5d	35	1.30mi
237 Somerset Dr Davenport, FL	2.0	1.0	1330	$1,900	$1.43	25d	1	1.30mi
17177 Cagan Crossings Blvd Clermont, FL	3.0	2.0	1483	$2,500	$1.69	25d	1	1.32mi
222 Bexley Dr Davenport, FL	2.0	2.5	1313	$2,000	$1.52	25d	1	1.33mi
9055 Treasure Trove Ln Kissimmee, FL	2.0–3.0	2.0	1572	$1,900	$1.21	6d	2	1.41mi
9055 Treasure Trove Ln Kissimmee, FL	2.0–3.0	2.0	1572	$1,800	$1.14	5d	2	1.41mi
1301 Tuscan Hills Blvd Unit 9406 1 Davenport, FL	2.0	2.0	1134	$2,200	$1.94	25d	1	1.44mi
774 Chelsea Dr Davenport, FL	2.0	2.5	988	$1,750	$1.77	25d	1	1.44mi
807 Chelsea Dr Davenport, FL	2.0	2.5	1076	$1,450	$1.35	25d	1	1.47mi

HOA detail

• Monthly dues: $70 · $840/yr
• Likely covers: waterpool

Listing history 22 events

1. 2026-06-22
   days on market $219,000 Active 72 DOM
2. 2026-06-18
   days on market $219,000 Active 69 DOM
3. 2026-06-17
   days on market $219,000 Active 68 DOM
4. 2026-06-16
   days on market $219,000 Active 67 DOM
5. 2026-06-15
   days on market $219,000 Active 66 DOM
6. 2026-06-13
   days on market $219,000 Active 64 DOM
7. 2026-06-10
   days on market $219,000 Active 61 DOM
8. 2026-06-09
   days on market $219,000 Active 60 DOM
9. 2026-06-08
   days on market $219,000 Active 59 DOM
10. 2026-06-07
    days on market $219,000 Active 58 DOM
11. 2026-06-05
    days on market $219,000 Active 55 DOM
12. 2026-06-03
    days on market $219,000 Active 54 DOM
13. 2026-06-03
    days on market $219,000 Active 53 DOM
14. 2026-06-01
    days on market $219,000 Active 52 DOM
15. 2026-05-31
    days on market $219,000 Active 51 DOM
16. 2026-04-10
    listed $219,000 Active
17. 2022-04-06
    soldstatus $160,000
18. 2019-04-12
    soldstatus $99,000
19. 2019-03-29
    soldstatus $99,000 Sold 595-char remark

    Show marketing remark (595 chars)

    Two living rooms and 1222 square feet. This home has been replumbed. Lots of windows across the front living room which allows lots of light into the room. The laundry iand the water heater are in the shed. There is also a golf cart shed with double doors. The back years has a cement patio. The home backs up to an empty lot. Own your own land with very low HOA fees. Enjoy 2 pools and 2 clubhouses. The community also has a golf course, tennis courts, shuffle board courts, bocci ball, pool tables, workout room, horseshoe pits and a library. There are lots of activities for your enjoyment.

20. 2019-03-08
    status Pending 595-char remark

    Show marketing remark (595 chars)

    Two living rooms and 1222 square feet. This home has been replumbed. Lots of windows across the front living room which allows lots of light into the room. The laundry iand the water heater are in the shed. There is also a golf cart shed with double doors. The back years has a cement patio. The home backs up to an empty lot. Own your own land with very low HOA fees. Enjoy 2 pools and 2 clubhouses. The community also has a golf course, tennis courts, shuffle board courts, bocci ball, pool tables, workout room, horseshoe pits and a library. There are lots of activities for your enjoyment.

21. 2019-02-14
    listed $99,000 Active 595-char remark

    Show marketing remark (595 chars)

    Two living rooms and 1222 square feet. This home has been replumbed. Lots of windows across the front living room which allows lots of light into the room. The laundry iand the water heater are in the shed. There is also a golf cart shed with double doors. The back years has a cement patio. The home backs up to an empty lot. Own your own land with very low HOA fees. Enjoy 2 pools and 2 clubhouses. The community also has a golf course, tennis courts, shuffle board courts, bocci ball, pool tables, workout room, horseshoe pits and a library. There are lots of activities for your enjoyment.

22. 1987-05-01
    soldstatus $48,400

ⓘ 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: $2,566 · $214/mo
• Projected year-2 tax: $2,566 · $214/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 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

Taxation est. · year 1

• Rental income: $22,110
• − Mortgage interest: −$12,267
• − Property taxes: −$2,566
• − Insurance: −$1,095
• − Repairs & maintenance: −$1,769
• − Management: −$1,769
• − HOA: −$840
• − Depreciation: −$6,371
• Taxable loss: −$4,566
• Est. tax savings @ 24.0%: +$1,096
• After-tax cash flow: $281/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 — 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

• County: Polk County · 740,051 people
• City population: 27,422
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 30,159
• Household income: $70,982
• Rent vs Own: 26.8% rent · 73.2% own
• Severe rent burden: 926.0

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: 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+352.5% since first listed

7 events — show timeline

• 2026-04-10 Listed $219,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-06 Sold (Public Records) $160,000 Public Records
• 2019-04-12 Sold (Public Records) $99,000 Public Records
• 2019-03-29 Sold (MLS) $99,000 Stellar MLS as Distributed by MLS Grid
• 2019-03-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-02-14 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 1987-05-01 Sold (Public Records) $48,400 Public Records

Property tax history

+18.7%/yr

Latest (2025): $2,566 · +7.0% YoY. Source: county tax records.