14750 Old US Highway 441 · Tavares, FL 32778

$103,499

2 bd · 1.0 ba · 672 sqft · Manufactured public records · 114 Days on market

Built 1969 5,600 sqft lot $35/mo HOA · 2% of rent

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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 +9.4/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

Key facts

• 5,600 sq ft lot
• Garage
• Built 1969

Tags

• UPDATED ELECTRICAL PANEL
• ELECTRIC COUNTERTOP STOVE
• COMMUNITY DOCK ON LAKE DORA

Property features AI

Finance

• Other: Residents have access to a community dock on Lake Dora (boat slips available for an additional fee)
• HOA & community: HOA required with annual fee of $420 (or $35/month); Association contact: Robin Mark, President; Senior community; Pets allowed (size and number limits apply)

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single-wide mobile home; Residential property; One story; North-facing
• Construction: Metal and frame construction; Metal roof; Crawlspace foundation; Built with metal framing
• Exterior features: Exterior lighting; Rain gutters; Asphalt road access

Interior

• Kitchen: Cooktop; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Open floorplan; Living room and dining room combo
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $103k.

Deal economics

• At list price, monthly cash flow is $466 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $103k).
• Recommended offer: $94k (9.0% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 4.5% in Tavares — 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 76/100 on livability (#220 in FL, #3,464 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Tavares Elementary School (math 49% / reading 45%, grade D-, #1,191 of 2,144 statewide, top 57%, 875 students, 61% FRL); Tavares Middle School (math 43% / reading 40%, grade F, #348 of 571 statewide, top 62%, 1,070 students, 58% FRL); Tavares High School (math 32% / reading 40%, grade F, #359 of 667 statewide, top 55%, 1,507 students, 45% FRL).
• Market conditions: Rents rising fast (+4.0%/yr); 507 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $715 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $29k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 114 days — a 9% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 13y 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 $60k; list at $103k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $94,184 (9.0% below list)

Questions for the listing agent

1. It's been on market 114 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 1969 — 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. 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.
7. 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.
8. 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: 1.44% ✓
• Cap rate: 11.70%
• Cash-on-cash: 19.29%
• DSCR: 1.86
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.05% rent growth · sell at horizon

5-year hold

• IRR: 12.4%
• Equity multiple: 1.50×
• Total profit: $14,523
• Equity at exit: $15,432

10-year hold

• IRR: 22.2%
• Equity multiple: 2.99×
• Total profit: $57,635
• Equity at exit: $8,949

Cash invested: $28,980 (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 32778

• Home prices YoY: -23.4%
• Rents YoY: 4.0%
• Active inventory: 507
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,494 high
• Mortgage (P&I): −$543
• Tax from tax record: −$93 /mo · $1,119/yr
• Insurance: −$43
• HOA: −$35
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $466

Break-even live

Break-even rent $904

Max offer price $103,499

Occupancy floor 64%

Sensitivity live

Price	-10% $525	-5% $495	+0% $466	+5% $437	+10% $407
Rent	-10% $348	-5% $407	+0% $466	+5% $525	+10% $584
Rate	-1.0pp $518	-0.5pp $492	base $466	+0.5pp $439	+1.0pp $412

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: $25,875
• Closing costs: $3,105
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
380 Dora Ave Tavares, FL	2.0	1.0	750	$1,399	$1.87	16d	1	0.41mi
822 N New Hampshire Ave Tavares, FL	1.0	1.0	600	$1,200	$2.00	25d	1	1.02mi
701 N New Hampshire Ave Unit 4 Tavares, FL	2.0	1.0	672	$1,100	$1.64	25d	1	1.03mi
321 W Ianthe St Apt 8 Tavares, FL	1.0	1.0	430	$1,100	$2.56	25d	1	1.15mi
321 W Ianthe St Unit 6 Tavares, FL	1.0	1.0	430	$1,000	$2.33	19d	1	1.15mi
321 W Ianthe St Unit 6 Tavares, FL	1.0	1.0	430	$1,100	$2.56	0d	1	1.15mi

HOA detail

• Monthly dues: $35 · $420/yr

Listing history 39 events

1. 2026-06-21
   days on market $103,499 Active 114 DOM
2. 2026-06-18
   days on market $103,499 Active 111 DOM
3. 2026-06-17
   days on market $103,499 Active 110 DOM
4. 2026-06-16
   days on market $103,499 Active 109 DOM
5. 2026-06-15
   days on market $103,499 Active 108 DOM
6. 2026-06-13
   days on market $103,499 Active 106 DOM
7. 2026-06-09
   days on market $103,499 Active 102 DOM
8. 2026-06-08
   days on market $103,499 Active 101 DOM
9. 2026-06-07
   days on market $103,499 Active 100 DOM
10. 2026-06-04
    days on market $103,499 Active 97 DOM
11. 2026-06-03
    days on market $103,499 Active 96 DOM
12. 2026-06-02
    days on market $103,499 Active 95 DOM
13. 2026-06-01
    days on market $103,499 Active 94 DOM
14. 2026-05-31
    days on market $103,499 Active 93 DOM
15. 2026-04-12
    price $103,499
16. 2026-02-27
    listed $105,900 Active
17. 2025-12-25
    historical
18. 2025-11-08
    price $110,000
19. 2025-09-09
    price $117,900
20. 2025-06-26
    listed $120,990 Active
21. 2023-09-26
    soldstatus $60,000
22. 2023-09-22
    soldstatus $60,000 Closed 630-char remark

    Show marketing remark (630 chars)

    La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

23. 2023-08-18
    status Pending 630-char remark

    Show marketing remark (630 chars)

    La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

24. 2023-08-18
    status Active 630-char remark

    Show marketing remark (630 chars)

    La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

25. 2023-08-14
    status Pending 630-char remark

    Show marketing remark (630 chars)

    La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

26. 2023-08-07
    listed $64,900 Active 630-char remark

    Show marketing remark (630 chars)

    La Dora Manor! 55+ Community, 2 bedrooms, 2 bath lovely mobile home, split plan with bonus room, that can be used for various purposes like an office, guest room, or hobby space. The front cover screened porch and the one-car garage are nice additions, providing both outdoor relaxation space and practical storage. The proximity to Lake Dora is also a standout feature, offering residents the opportunity to enjoy the lake for activities like fishing and enjoying the scenic views. The community also provides a club house to the residents for their special events. Schedule your showing today and make it your next Florida home.

27. 2016-06-21
    soldstatus $28,000 Sold
28. 2016-05-27
    historical Active with Contract
29. 2016-03-17
    status Active
30. 2016-03-12
    historical
31. 2015-03-13
    listed $32,000 Active
32. 2015-03-04
    historical
33. 2014-06-14
    status Active
34. 2014-06-10
    historical
35. 2013-08-12
    listed $32,000 Active
36. 2013-05-31
    soldstatus $20,000
37. 2013-01-24
    listed $24,900
38. 1999-04-21
    soldstatus $23,000
39. 1976-01-01
    soldstatus $16,000

ⓘ 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: $1,119 · $93/mo
• Projected year-2 tax: $1,119 · $93/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 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,925
• − Mortgage interest: −$5,798
• − Property taxes: −$1,119
• − Insurance: −$517
• − Repairs & maintenance: −$1,434
• − Management: −$1,434
• − HOA: −$420
• − Depreciation: −$3,011
• Taxable income: $4,193
• Est. tax owed @ 24.0%: −$1,006
• After-tax cash flow: $4,585/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: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Tavares

• Score: 76/100
• State rank: #220
• US rank: #3464

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lake County · 364,602 people
• City population: 25,042
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 25,042
• Household income: $63,472
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 586.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 14% Two or more races 8% Black 8% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 7% Cuban 2% Dominican 1%
• Common ancestry: Romanian 4% Italian 3% Slovak 2%
• Foreign-born: 9% · Canada, Dominican Republic, Jamaica
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.07%
• Current HPI: 288.7123
• Rent YoY: ▲ 4.05%
• Metro: Orlando-Kissimmee-Sanford, 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

+546.9% since first listed

25 events — show timeline

• 2026-04-12 Price Changed $103,499 Stellar MLS as Distributed by MLS Grid
• 2026-02-27 Listed $105,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-08 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-09 Price Changed $117,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-26 Listed $120,990 Stellar MLS as Distributed by MLS Grid
• 2023-09-26 Sold (Public Records) $60,000 Public Records
• 2023-09-22 Sold (MLS) $60,000 Stellar MLS as Distributed by MLS Grid
• 2023-08-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-08-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-07 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2016-06-21 Sold (MLS) $28,000 Stellar MLS as Distributed by MLS Grid
• 2016-05-27 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-03-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-03-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-03-13 Listed $32,000 Stellar MLS as Distributed by MLS Grid
• 2015-03-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-08-12 Listed $32,000 Stellar MLS as Distributed by MLS Grid
• 2013-05-31 Sold (MLS) $20,000 Stellar MLS as Distributed by MLS Grid
• 2013-01-24 Listed $24,900 Stellar MLS as Distributed by MLS Grid
• 1999-04-21 Sold (Public Records) $23,000 Public Records
• 1976-01-01 Sold (Public Records) $16,000 Public Records

Property tax history

+9.3%/yr

Latest (2025): $1,119 · -2.2% YoY. Source: county tax records.