9000 US Hwy 192 #52 · Four Corners, FL 34714

$65,000

1 bd · 1.0 ba · 540 sqft · Manufactured · 275 Days on market

Built 1979 1,901 sqft lot $230/mo HOA · 18% of rent ↓ 22% since listing

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +4.8/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0

Listing remarks

Price Reduced!!!! 1 bedroom, 1 bathroom home located in the beautiful Outdoor Resorts at Orlando community! This perimeter lot offers added privacy with no rear neighbors. Features include a long driveway with covered parking. New fridge! CASH ONLY sale. Enjoy resort-style amenities including lake access, golf, shuffleboard, a community center, and much more. Conveniently located near Disney, shopping, and dining. Don't miss this opportunity to own in a gated, well-maintained community!

Key facts

• Gated community
• Perimeter lot
• Covered parking

Tags

• PERIMETER LOT
• COVERED PARKING
• LAKE ACCESS
• COMMUNITY CENTER
• GATED COMMUNITY

Property features AI

Finance

• Other: Partially furnished; Total annual association fees listed; Third-party listing
• Financial info: Lease restrictions apply
• HOA & community: Sabrina Stone association (HOA required; approval required); Monthly HOA approximately $230.33 (quarterly fee $691); Association amenities include clubhouse, pool, spa/hot tub, tennis, pickleball and shuffleboard courts, playground, golf course access, recreation facilities, security, gated entry, laundry, cable TV, and maintenance of common areas; Association fees cover guard (24-hour), cable TV, common area taxes, pool, reserves, grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Community features: buyer approval required, clubhouse, community mailbox, deed restrictions, dog park, golf carts OK, park, playground, pool, special community restrictions, tennis courts, street lights; Senior community; Pets allowed with breed restrictions

Exterior

• Parking: Driveway; 1-car carport
• Security: Gated community; Security gate
• Utilities: Private water; Private sewer; Broadband/high-speed internet available; Cable connected; Electricity connected; Phone available; Sewer connected; Water connected
• Home design: Manufactured home (single wide); Residential property; Multi/split levels (2 total stories); South-facing
• Construction: Metal siding and vinyl siding with frame construction; Roof over; Crawlspace foundation; Built on a 0 to less than 1/4 acre lot
• Exterior features: Covered patio; Patio; Exterior lighting; Private lake access (Lake Davenport); Boat ramp (private); Skiing allowed on lake; Lot in county, near golf course and public transit; Paved and private lot; Asphalt road

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Laminate; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Thermostat; Walk-in closet(s); 5 total rooms
• Laundry & utility: Washer; Dryer; Outside laundry area; Tankless water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $65k.

Deal economics

• At list price, monthly cash flow is $357 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% 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); Ridge Community High School (math 12% / reading 33%, grade F, #539 of 667 statewide, top 81%, 2,711 students, 48% FRL).
• Market conditions: Rents falling (-3.5%/yr); 729 active listings in the ZIP; 24 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

• In year one you build about $235 of equity ($449 loan paydown + $-214 appreciation (-0.3% local appreciation)).
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.3% appreciation + 0.0% rent growth), your $18k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 275 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 275 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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. 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. 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.
8. 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.
9. 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: 2.02% ✓
• Cap rate: 12.88%
• Cash-on-cash: 23.54%
• DSCR: 2.05
• GRM: 4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.33% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 19.4%
• Equity multiple: 1.89×
• Total profit: $16,150
• Equity at exit: $17,809

10-year hold

• IRR: 21.5%
• Equity multiple: 3.01×
• Total profit: $36,552
• Equity at exit: $20,574

Cash invested: $18,200 (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.

Methodology + full state rankings →

ZIP-level market 34714

• Home prices YoY: -0.1%
• Rents YoY: -3.5%
• Active inventory: 729
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,312 high
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$230
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $357

Break-even live

Break-even rent $860

Max offer price $65,000

Occupancy floor 68%

Sensitivity live

Price	-10% $402	-5% $379	+0% $357	+5% $335	+10% $312
Rent	-10% $253	-5% $305	+0% $357	+5% $409	+10% $461
Rate	-1.0pp $390	-0.5pp $374	base $357	+0.5pp $340	+1.0pp $323

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9000 US Highway 192 #115 Clermont, FL	1.0	1.0	364	$950	$2.61	12d	1	0.09mi
1000 Ketner St Davenport, FL	1.0–3.0	1.0–2.0	1057	$1,469	$1.39	5d	22	0.26mi
9000 US Highway 192 #929 Clermont, FL	1.0	1.0	674	$1,350	$2.00	25d	1	0.36mi
130 Town Center Blvd Clermont, FL	1.0–3.0	1.0–2.0	904	$1,550	$1.71	0d	20	0.57mi
145 Town Center Blvd Clermont, FL	1.0–3.0	1.0–3.0	1029	$1,410	$1.37	0d	23	0.62mi
130 Orlando Breeze Cir Davenport, FL	1.0–3.0	1.0–2.0	1022	$1,688	$1.65	16d	21	0.66mi
50989 Highway 27 #33 Davenport, FL	2.0	1.0	408	$1,800	$4.41	20d	1	0.88mi
8929 Legacy Ct #107 Kissimmee, FL	1.0	1.0	636	$1,400	$2.20	25d	1	0.92mi
8929 Legacy Ct Unit 8929 Kissimmee, FL	1.0	1.0	750	$1,616	$2.15	25d	1	0.92mi
223 Washington Palm Loop Unit B Davenport, FL	1.0	1.0	745	$1,000	$1.34	25d	1	0.94mi
613 Coconut Palm Way Unit 613 Davenport, FL	1.0	1.0	600	$1,000	$1.67	5d	1	0.94mi
17825 Avalon Grove Loop Winter Garden, FL	1.0–3.0	1.0–2.0	972	$1,499	$1.54	0d	122	0.96mi
621 Washington Palm Loop Unit Lockout Davenport, FL	1.0	1.0	600	$1,000	$1.67	25d	1	0.97mi
308 Australian Way Unit B Davenport, FL	1.0	1.0	650	$1,100	$1.69	16d	1	0.98mi
308 Australian Way Davenport, FL	1.0	1.0	600	$1,100	$1.83	5d	1	0.98mi
8913 Legacy Ct #111 Kissimmee, FL	1.0	1.0	747	$1,500	$2.01	25d	1	1.00mi
1325 Washington Palm Loop Davenport, FL	1.0	1.0	600	$1,000	$1.67	5d	1	1.01mi
217 Australian Way Unit B Davenport, FL	1.0	1.0	600	$1,100	$1.83	4d	1	1.02mi
1232 Washington Palm Loop Unit 1bed/1bath Davenport, FL	1.0	1.0	450	$925	$2.06	25d	1	1.04mi
2306 Fan Palm Dr Unit B Davenport, FL	1.0	1.0	600	$900	$1.50	25d	1	1.04mi
8807 Dunes Ct #207 Kissimmee, FL	1.0	1.0	747	$1,400	$1.87	25d	1	1.19mi
8807 Dunes Ct Unit 5-305 Kissimmee, FL	1.0	1.0	712	$1,300	$1.83	12d	1	1.19mi
8822 Dunes Ct #205 Kissimmee, FL	1.0	1.0	636	$1,600	$2.52	9d	1	1.21mi
14520 Avalon Rd Winter Garden, FL	1.0–2.0	1.0–2.0	915	$1,699	$1.86	0d	83	1.23mi

HOA detail

• Monthly dues: $230 · $2,760/yr
• Likely covers: security

Listing history 18 events

1. 2026-06-22
   days on market $65,000 Active 275 DOM
2. 2026-06-18
   days on market $65,000 Active 272 DOM
3. 2026-06-17
   days on market $65,000 Active 271 DOM
4. 2026-06-16
   days on market $65,000 Active 270 DOM
5. 2026-06-15
   days on market $65,000 Active 269 DOM
6. 2026-06-13
   remarks 491-char remark
7. 2026-06-13
   pricedays on market $65,000 Active 267 DOM
8. 2026-06-10
   days on market $70,000 Active 264 DOM
9. 2026-06-09
   days on market $70,000 Active 263 DOM
10. 2026-06-08
    days on market $70,000 Active 262 DOM
11. 2026-06-07
    days on market $70,000 Active 261 DOM
12. 2026-06-05
    days on market $70,000 Active 258 DOM
13. 2026-06-03
    days on market $70,000 Active 256 DOM
14. 2026-06-01
    days on market $70,000 Active 255 DOM
15. 2026-05-31
    days on market $70,000 Active 254 DOM
16. 2026-03-20
    price $70,000
17. 2025-11-07
    price $80,000
18. 2025-09-19
    listed $89,900 Active

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 23 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: $15,739
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,259
• − Management: −$1,259
• − HOA: −$2,760
• − Depreciation: −$1,891
• Taxable income: $3,629
• Est. tax owed @ 24.0%: −$871
• After-tax cash flow: $3,413/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

• Census place: Four Corners, FL
• County: Lake County · 364,602 people
• City population: 27,422
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 28,200
• Household income: $75,392
• Rent vs Own: 49.3% rent · 50.7% own
• Severe rent burden: 953.0

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 0.59)
• Race & ethnicity: White 56% Hispanic / Latino 30% Two or more races 25% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 17% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 3% Italian 2%
• Foreign-born: 13% · Canada, Jamaica
• Languages at home: 76% English-only · Spanish 19% Other Indo-European 1% Other Asian/Pacific 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: ▼ -0.33%
• Current HPI: 256.1331
• Rent YoY: ▼ -3.46%
• 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

-22.1% since first listed

3 events — show timeline

• 2026-03-20 Price Changed $70,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-07 Price Changed $80,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-19 Listed $89,900 Stellar MLS as Distributed by MLS Grid