136 Madera Dr · Eagle Lake, FL 33880

$175,000

3 bd · 2.0 ba · 1,448 sqft · SingleFamily public records · 32 Days on market

Built 1996 0.34 ac lot

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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 +24.9/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Livability +3.9/5.0
• Schools +3.5/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This inviting home has an ideal location in a peaceful setting with pasture views to the rear from the fenced backyard. Live the dream enjoying the above-ground pool, which conveys, and is a great addition for your family to enjoy the lovely view. Experience peace of mind from the new roof and new water heater, both replaced in 2017. The dining room is easily accessed from the galley-style kitchen and the vinyl flooring makes for easy clean up in any situation. From the kitchen, you can also access the inside laundry room. The master bedroom has a walk-in closet with a standup shower in the master bathroom. The guest bedrooms are perfect for a growing family with a tub in the hallway bathroom. Entertain your friends in the attached man cave/media room which has central air. The best-kept secret to this suburban paradise is that this home is FHA/VA/USDA eligible and the chicken coop stays!

Key facts

• Large eat-in kitchen
• Bonus room
• Third of an acre

Tags

• LARGE EAT-IN KITCHEN
• INSIDE UTILITY ROOM
• BONUS ROOM
• FRENCH DOOR ENTRANCE
• THIRD OF AN ACRE

Property features AI

Finance

• Other: Property is residential single-family, zoning RS; Lot about 0.34 acres (approx. 1/4 to less than 1/2 acre); Paved road access
• HOA & community: No association/HOA indicated; No association approval required

Exterior

• Utilities: Public water; Septic tank; Broadband/High-speed internet available; Cable available; Electricity available; Phone service available
• Home design: Single-family residence; One story; East-facing
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on one level
• Exterior features: Front porch; Shed(s)

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Other heating; Other cooling
• Interior features: Split-bedroom floor plan; Inside utility room; French doors
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $378 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 77/100 on livability (#196 in FL, #3,096 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: 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: Wahneta Elementary School (math 38% / reading 27%, grade F, #1,787 of 2,144 statewide, top 84%, 507 students, 69% FRL); Lake Region High School (math 14% / reading 22%, grade F, #570 of 667 statewide, top 86%, 1,545 students, 61% FRL).
• Zoned-school proficiency averages 25% at this address vs 41% district-wide (-16 pts) — the specific schools serving this property underperform the Polk average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.5%/yr); 341 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 43% of the median local income ($56k/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 $1k of loan paydown is wiped out by about $5k 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

• It's been on market 32 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y ago; this cycle's ask is 52% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $152k; 15% 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; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.16% ✓
• Cap rate: 8.89%
• Cash-on-cash: 9.26%
• DSCR: 1.41
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.47% rent growth · sell at horizon

5-year hold

• IRR: -2.9%
• Equity multiple: 0.89×
• Total profit: $-5,313
• Equity at exit: $26,093

10-year hold

• IRR: 6.2%
• Equity multiple: 1.45×
• Total profit: $22,174
• Equity at exit: $15,131

Cash invested: $49,000 (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 33880

• Home prices YoY: -16.2%
• Rents YoY: 2.5%
• Active inventory: 341
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,027 high
• Mortgage (P&I): −$918
• Tax from tax record: −$232 /mo · $2,787/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$426
• Net cashflow: $378

Break-even live

Break-even rent $1,548

Max offer price $175,000

Occupancy floor 76%

Sensitivity live

Price	-10% $477	-5% $428	+0% $378	+5% $329	+10% $279
Rent	-10% $218	-5% $298	+0% $378	+5% $458	+10% $538
Rate	-1.0pp $466	-0.5pp $423	base $378	+0.5pp $333	+1.0pp $287

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1204 Deepwater Cir Eagle Lake, FL	3.0	2.0	1444	$1,900	$1.32	15d	1	0.10mi
2711 Pioneer Trl Eagle Lake, FL	4.0	2.0	1836	$2,050	$1.12	24d	1	0.26mi
1469 Deepwater Cir Eagle Lake, FL	3.0	2.0	1461	$2,000	$1.37	24d	1	0.27mi
2782 Pioneer Trl Eagle Lake, FL	3.0	2.0	1486	$1,940	$1.31	24d	1	0.37mi
3443 Rover Rd Eloise, FL	4.0	2.0	1600	$2,099	$1.31	4d	1	0.41mi
2831 Pioneer Trl Eloise, FL	3.0	2.0	1843	$2,300	$1.25	11d	1	0.45mi
2831 Pioneer Trl Eloise, FL	3.0	2.0	1843	$2,300	$1.25	4d	1	0.45mi
1033 Holden Way Winter Haven, FL	3.0	2.0	1560	$1,950	$1.25	15d	1	0.50mi
1975 Wilder Way Eagle Lake, FL	4.0	2.0	1733	$2,100	$1.21	11d	1	0.53mi
948 Craftsman Rd Eagle Lake, FL	3.0	2.0	1550	$1,895	$1.22	4d	1	0.54mi
910 Sun Burst Rd Winter Haven, FL	3.0	2.0	1690	$2,000	$1.18	24d	1	0.97mi
519 Patton Loop Bartow, FL	3.0	2.0	1560	$1,998	$1.28	4d	1	1.36mi
212 Pershing St Bartow, FL	4.0	2.0	1826	$2,100	$1.15	24d	1	1.38mi
106 Shelton St Winter Haven, FL	3.0	1.0	1140	$1,450	$1.27	24d	1	1.46mi
217 Windsor Reserve Dr Eagle Lake, FL	4.0	2.0	1839	$1,896	$1.03	4d	1	1.49mi

Listing history 26 events

1. 2026-06-02
   remarks 492-char remark
2. 2026-06-02
   status $175,000 Pending 32 DOM
3. 2026-06-01
   days on market $175,000 Active 32 DOM
4. 2026-05-31
   days on market $175,000 Active 31 DOM
5. 2026-05-19
   status Active
6. 2026-05-19
   price $175,000
7. 2026-01-22
   status Active
8. 2026-01-22
   price $165,395
9. 2025-10-08
   status Pending
10. 2025-10-02
    listed $115,000 Active
11. 2025-06-14
    status Active
12. 2025-05-31
    historical
13. 2025-04-18
    status Pending
14. 2024-12-08
    status Active
15. 2024-08-08
    status Pending
16. 2024-08-06
    price $190,000
17. 2024-07-19
    price $200,000
18. 2024-06-08
    price $220,000
19. 2024-05-20
    listed $230,000 Active
20. 2020-11-09
    soldstatus $152,000
21. 2018-09-11
    soldstatus $130,000
22. 2018-09-07
    soldstatus $130,000 Sold 901-char remark

    Show marketing remark (901 chars)

    This inviting home has an ideal location in a peaceful setting with pasture views to the rear from the fenced backyard. Live the dream enjoying the above-ground pool, which conveys, and is a great addition for your family to enjoy the lovely view. Experience peace of mind from the new roof and new water heater, both replaced in 2017. The dining room is easily accessed from the galley-style kitchen and the vinyl flooring makes for easy clean up in any situation. From the kitchen, you can also access the inside laundry room. The master bedroom has a walk-in closet with a standup shower in the master bathroom. The guest bedrooms are perfect for a growing family with a tub in the hallway bathroom. Entertain your friends in the attached man cave/media room which has central air. The best-kept secret to this suburban paradise is that this home is FHA/VA/USDA eligible and the chicken coop stays!

23. 2018-08-21
    status Pending 901-char remark

    Show marketing remark (901 chars)

    This inviting home has an ideal location in a peaceful setting with pasture views to the rear from the fenced backyard. Live the dream enjoying the above-ground pool, which conveys, and is a great addition for your family to enjoy the lovely view. Experience peace of mind from the new roof and new water heater, both replaced in 2017. The dining room is easily accessed from the galley-style kitchen and the vinyl flooring makes for easy clean up in any situation. From the kitchen, you can also access the inside laundry room. The master bedroom has a walk-in closet with a standup shower in the master bathroom. The guest bedrooms are perfect for a growing family with a tub in the hallway bathroom. Entertain your friends in the attached man cave/media room which has central air. The best-kept secret to this suburban paradise is that this home is FHA/VA/USDA eligible and the chicken coop stays!

24. 2018-08-17
    listed $130,000 Active 901-char remark

    Show marketing remark (901 chars)

    This inviting home has an ideal location in a peaceful setting with pasture views to the rear from the fenced backyard. Live the dream enjoying the above-ground pool, which conveys, and is a great addition for your family to enjoy the lovely view. Experience peace of mind from the new roof and new water heater, both replaced in 2017. The dining room is easily accessed from the galley-style kitchen and the vinyl flooring makes for easy clean up in any situation. From the kitchen, you can also access the inside laundry room. The master bedroom has a walk-in closet with a standup shower in the master bathroom. The guest bedrooms are perfect for a growing family with a tub in the hallway bathroom. Entertain your friends in the attached man cave/media room which has central air. The best-kept secret to this suburban paradise is that this home is FHA/VA/USDA eligible and the chicken coop stays!

25. 2007-07-30
    listed $149,900
26. 1999-03-10
    soldstatus $65,000

ⓘ 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: $2,787 · $232/mo
• Projected year-2 tax: $2,787 · $232/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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,318
• − Mortgage interest: −$9,803
• − Property taxes: −$2,787
• − Insurance: −$875
• − Repairs & maintenance: −$1,945
• − Management: −$1,945
• − Depreciation: −$5,091
• Taxable income: $1,872
• Est. tax owed @ 24.0%: −$449
• After-tax cash flow: $4,088/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 — Eagle Lake

• Score: 77/100
• State rank: #196
• US rank: #3096

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C 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: 4,397
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 43,371
• Household income: $56,390
• Rent vs Own: 33.4% rent · 66.6% own
• Severe rent burden: 1412.0

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 0.65)
• Race & ethnicity: White 49% Hispanic / Latino 27% Black 17% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 11% Puerto Rican 10% Cuban 2%
• Common ancestry: Hispanic 2% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 21% French/Haitian/Cajun 4%

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: ▼ -61.41%
• Current HPI: 317.8788
• Rent YoY: ▲ 2.47%
• 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

+169.2% since first listed

22 events — show timeline

• 2026-05-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-19 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Price Changed $165,395 Stellar MLS as Distributed by MLS Grid
• 2025-10-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-02 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-05-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-12-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-08-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-08-06 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-19 Price Changed $200,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-08 Price Changed $220,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-20 Listed $230,000 Stellar MLS as Distributed by MLS Grid
• 2020-11-09 Sold (Public Records) $152,000 Public Records
• 2018-09-11 Sold (Public Records) $130,000 Public Records
• 2018-09-07 Sold (MLS) $130,000 Stellar MLS as Distributed by MLS Grid
• 2018-08-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-08-17 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 2007-07-30 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 1999-03-10 Sold (Public Records) $65,000 Public Records

Property tax history

+27.8%/yr

Latest (2025): $2,787 · +6.1% YoY. Source: county tax records.