470 S East Ave · Bartow, FL 33830

$111,000

3 bd · 1.0 ba · 946 sqft · SingleFamily public records · 1 Days on market

Built 1924 4,452 sqft lot ↓ 26% since listing

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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 +9.2/10.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with strong upside potential in Tampa! This wood-frame home with public water and sewer service is perfect for flippers, buy-and-hold investors, or buyers looking to add value. Conveniently located near major highways, shopping, dining, schools, and downtown Tampa, making it an attractive option for future resale or rental income. Has 2 additional bedrooms, NO HOA and plenty of opportunity to renovate, customize, and maximize returns. Don’t miss this chance to unlock the property’s potential!

Key facts

• Shopping
• Dining
• Schools

Tags

• PUBLIC WATER AND SEWER SERVICE
• MAJOR HIGHWAYS
• SHOPPING
• DINING
• SCHOOLS
• DOWNTOWN TAMPA

Property features AI

Finance

• Other: Living area listed as 946 sq ft (public records); total building area 1,474 sq ft; Lot size approximately 0.1 acre (about 414 sq m); Taxes for 2025: $1,530; Furnished status: Negotiable
• Financial info: No lease restrictions reported

Exterior

• Utilities: Public water; Public sewer; Public utilities
• Home design: Single family residence; Residential property; One level; Faces east; Entry on ground level
• Construction: Stucco construction; Shingle roof; Slab foundation; Built on a 0.1-acre lot
• Exterior features: Asphalt road surface

Interior

• Kitchen: Range hood; Refrigerator
• Bedrooms: 5 bedrooms
• Flooring: Tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating; Wall/Window unit cooling
• Interior features: Other interior features
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $111k.

Deal economics

• At list price, monthly cash flow is $447 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $111k).

Location & tenants

• Location reads 68/100 on livability (#526 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D-, amenities 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.
• Market conditions: Rents rising (+2.7%/yr); 386 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $767 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 2.7% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 3y 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.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $111,000

Questions for the listing agent

1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.42% ✓
• Cap rate: 11.12%
• Cash-on-cash: 17.25%
• DSCR: 1.77
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.72% rent growth · sell at horizon

5-year hold

• IRR: 8.3%
• Equity multiple: 1.32×
• Total profit: $10,068
• Equity at exit: $16,550

10-year hold

• IRR: 17.3%
• Equity multiple: 2.41×
• Total profit: $43,777
• Equity at exit: $9,597

Cash invested: $31,080 (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 33830

• Home prices YoY: -19.8%
• Rents YoY: 2.7%
• Active inventory: 386
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,582 high
• Mortgage (P&I): −$582
• Tax from tax record: −$174 /mo · $2,092/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $447

Break-even live

Break-even rent $1,016

Max offer price $111,000

Occupancy floor 67%

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: $27,750
• Closing costs: $3,330
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1715 Martin Luther King Jr Blvd Bartow, FL	2.0	1.0	624	$1,200	$1.92	23d	1	0.25mi
1715 1/2 Martin Luther King Junior Blvd Bartow, FL	2.0	1.0	624	$1,200	$1.92	23d	1	0.27mi
1465 E Boulevard St Bartow, FL	3.0	1.0	1000	$1,295	$1.29	23d	1	0.38mi
2060 Martin Luther King Jr Blvd Bartow, FL	2.0	1.0	1120	$1,200	$1.07	23d	1	0.38mi
855 E Vine St Unit A Bartow, FL	3.0	2.0	1040	$1,850	$1.78	23d	1	0.52mi
740 E Pearl St Unit C Bartow, FL	2.0	1.0	900	$1,360	$1.51	23d	1	0.53mi
740 E Pearl St Apt E Bartow, FL	2.0	1.5	1000	$1,470	$1.47	23d	1	0.54mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	23d	1	1.02mi
1350 N Wilson Ave Bartow, FL	1.0–2.0	1.0–2.0	892	$1,649	$1.85	2d	6	1.18mi
670 Garden St Bartow, FL	2.0	1.0	850	$1,295	$1.52	23d	1	1.24mi
885 Ruby Ave Unit NA Bartow, FL	3.0	1.0	807	$1,600	$1.98	2d	1	1.43mi

Listing history 2 events

1. 2026-06-17
   remarks 514-char remark
2. 2026-06-17
   listed $111,000 Active 1 DOM

ⓘ 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: $2,092 · $174/mo
• Projected year-2 tax: $2,092 · $174/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 ≥108°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,979
• − Mortgage interest: −$6,218
• − Property taxes: −$2,092
• − Insurance: −$555
• − Repairs & maintenance: −$1,518
• − Management: −$1,518
• − Depreciation: −$3,229
• Taxable income: $3,848
• Est. tax owed @ 24.0%: −$924
• After-tax cash flow: $4,437/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 — Bartow

• Score: 68/100
• State rank: #526
• US rank: #9835

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartow, FL
• County: Polk County · 740,051 people
• City population: 33,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 33,740
• Household income: $63,918
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 681.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 22% Black 18% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 13% Puerto Rican 5%
• Common ancestry: Italian 3% Slovak 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% 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: ▼ -82.47%
• Current HPI: 333.3392
• Rent YoY: ▲ 2.72%
• 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

-26.0% since first listed

9 events — show timeline

• 2026-05-18 Listed $111,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-06 Rental Removed $1,450 Avail
• 2025-05-14 Listed for Rent $1,450 Avail
• 2024-02-08 Sold (Public Records) $113,000 Public Records
• 2024-01-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-01-12 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-10 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-05 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2023-12-28 Listed $150,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+12.4%/yr

Latest (2025): $2,092 · +36.8% YoY. Source: county tax records.