425 Wymore Rd #201 · Altamonte Springs, FL 32714

$99,000

1 bd · 1.0 ba · 420 sqft · Condo public records · 80 Days on market

Built 1971 $205/mo HOA · 15% of rent

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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 +24.6/30.0
• 1% rule +8.5/10.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SerraVella--comfortable, contemporary, convenient--offering a unique blend of diversions suited for every lifestyle. Close to a multitude of destinations--leisurely pursuits, major employment centers and top-rated schools. Lushly landscaped grounds and serene courtyards are the setting for stylish studio, 1, 2 and 3 bedroom homes with private balconies or patios. Aesthetics include crown molding, custom interiors, Frise carpeting, designer kitchens with new appliance packages and updated bathrooms. Amenities feature a refreshing swimming pool framed by intimate picnic areas, executive business center, 2 lighted tennis courts & full basketball court. A resident entertainment complex includes a 24-hour fitness center, indoor racquetball court, aerobic room, private party center and lounge area. Location is everything and peace of mind comes standard. This home is a studio.

Key facts

• Racquetball court
• Large pool
• Private patio

Tags

• SECOND-FLOOR STUDIO
• PRIVATE PATIO
• RESORT-STYLE AMENITIES
• LARGE POOL
• 24-HOUR FITNESS CENTER
• RACQUETBALL COURT

Property features AI

Finance

• Other: Unfurnished unit; Located in a multi-family zoned community
• Financial info: Total monthly fees $205; total annual fees $2,460; Lease restrictions apply
• HOA & community: Monthly HOA fee of $205 (includes pool, water, pest control, maintenance of structure and grounds, security); Association approval required; Community features: clubhouse, community mailbox, fitness center, pool, racquetball, tennis courts; Pets allowed with breed and size restrictions

Exterior

• Parking: Open parking
• Security: Community security included in HOA
• Utilities: Public water; Public sewer; Cable available and connected; Electricity connected
• Home design: Condominium; Residential property; North-facing; Single-story; Entry on floor 1
• Construction: Concrete and stucco construction; Shingle roof; Slab foundation; Building/Unit in Building 425
• Exterior features: French doors; Sliding doors; Paved road access

Interior

• Kitchen: Disposal; Microwave; Range; Refrigerator; Water filtration system
• Bedrooms: 1 bedroom (floor 1)
• Flooring: Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heat; Central air conditioning
• Interior features: Crown molding
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $99k.

Deal economics

• At list price, monthly cash flow is $205 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $93k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.4% in Altamonte Springs — 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 82/100 on livability (#62 in FL, #1,095 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime D+, amenities D-.
• Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Altamonte Elementary School (math 46% / reading 51%, grade D, #1,152 of 2,144 statewide, top 55%, 589 students, 78% FRL); Lyman High School (math 36% / reading 50%, grade F, #255 of 667 statewide, top 39%, 2,084 students, 53% FRL) — zoned schools average 66% FRL vs 38% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 46% at this address vs 59% district-wide (-13 pts) — the specific schools serving this property underperform the Seminole average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.8%/yr); 257 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,979 units permitted in Seminole County in 2024 (1,191 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($93k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $16k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; 24% 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $93,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.35% ✓
• Cap rate: 8.77%
• Cash-on-cash: 8.86%
• DSCR: 1.39
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -6.9%
• Equity multiple: 0.75×
• Total profit: $-6,797
• Equity at exit: $14,761

10-year hold

• IRR: -2.4%
• Equity multiple: 0.86×
• Total profit: $-3,753
• Equity at exit: $8,560

Cash invested: $27,720 (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 32714

• Rents YoY: -0.8%
• Active inventory: 257
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,334 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$84 /mo · $1,009/yr
• Insurance: −$41
• HOA: −$205
• Vacancy / Maint / Mgmt: −$280
• Net cashflow: $205

Break-even live

Break-even rent $1,075

Max offer price $99,000

Occupancy floor 80%

Sensitivity live

Price	-10% $261	-5% $233	+0% $205	+5% $177	+10% $149
Rent	-10% $99	-5% $152	+0% $205	+5% $257	+10% $310
Rate	-1.0pp $255	-0.5pp $230	base $205	+0.5pp $179	+1.0pp $153

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
302 Northlake Blvd Altamonte Springs, FL	—	1.0	300	$1,799	$6.00	5d	1	0.27mi

HOA detail condo

• Monthly dues: $205 · $2,460/yr
• Likely covers: landscapingpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-18
   days on market $99,000 Active 80 DOM
2. 2026-06-17
   days on market $99,000 Active 79 DOM
3. 2026-06-16
   days on market $99,000 Active 78 DOM
4. 2026-06-15
   days on market $99,000 Active 77 DOM
5. 2026-06-13
   days on market $99,000 Active 75 DOM
6. 2026-06-09
   days on market $99,000 Active 71 DOM
7. 2026-06-08
   days on market $99,000 Active 70 DOM
8. 2026-06-07
   days on market $99,000 Active 69 DOM
9. 2026-06-04
   days on market $99,000 Active 66 DOM
10. 2026-06-03
    days on market $99,000 Active 65 DOM
11. 2026-06-02
    days on market $99,000 Active 64 DOM
12. 2026-06-01
    days on market $99,000 Active 63 DOM
13. 2026-05-31
    days on market $99,000 Active 62 DOM
14. 2026-04-28
    status Active
15. 2026-04-24
    status Pending
16. 2026-04-10
    price $99,000
17. 2026-03-26
    listed $115,000 Active
18. 2007-10-01
    soldstatus $79,900 889-char remark

    Show marketing remark (889 chars)

    SerraVella--comfortable, contemporary, convenient--offering a unique blend of diversions suited for every lifestyle. Close to a multitude of destinations--leisurely pursuits, major employment centers and top-rated schools. Lushly landscaped grounds and serene courtyards are the setting for stylish studio, 1, 2 and 3 bedroom homes with private balconies or patios. Aesthetics include crown molding, custom interiors, Frise carpeting, designer kitchens with new appliance packages and updated bathrooms. Amenities feature a refreshing swimming pool framed by intimate picnic areas, executive business center, 2 lighted tennis courts & full basketball court. A resident entertainment complex includes a 24-hour fitness center, indoor racquetball court, aerobic room, private party center and lounge area. Location is everything and peace of mind comes standard. This home is a studio.

ⓘ 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: $1,009 · $84/mo
• Projected year-2 tax: $1,009 · $84/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: $16,012
• − Mortgage interest: −$5,546
• − Property taxes: −$1,009
• − Insurance: −$495
• − Repairs & maintenance: −$1,281
• − Management: −$1,281
• − HOA: −$2,460
• − Depreciation: −$2,880
• Taxable income: $1,061
• Est. tax owed @ 24.0%: −$255
• After-tax cash flow: $2,201/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: Seminole
• NCES district ID: 1201710
• Math proficiency: 57% ▼ -7.00%
• Reading proficiency: 61% ▼ -1.00%
• Median HH income: $58,478
• Composite: 51.05/100
• National rank: #1769
• State rank: #13 of 73 in FL

Livability — Altamonte Springs

• Score: 82/100
• State rank: #62
• US rank: #1095

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Seminole County · 436,154 people
• City population: 62,497
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 37,905
• Household income: $70,955
• Rent vs Own: 49.1% rent · 50.9% own
• Severe rent burden: 1961.0

Population outlook (Seminole County) Hauer SSP2

• Today (2025): 515,494 people
• By 2030: 545,713 · +5.9%
• By 2040: 598,068 · +16.0%
• By 2050: 640,663 · +24.3%
• By 2075: 724,461 · +40.5%
• By 2100: 755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 43% Hispanic / Latino 31% Two or more races 17% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 10% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 4% Hispanic 3% Scotch-Irish 2%
• Foreign-born: 18% · Canada, Jamaica, South Korea
• Languages at home: 71% English-only · Spanish 22% French/Haitian/Cajun 3% Other Indo-European 1%

Political lean MEDSL · Seminole

• 2024 margin: Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
• 2008→2024 swing: -0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -200.78%
• Current HPI: 338.6894
• Rent YoY: ▼ -0.79%
• 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

+23.9% since first listed

5 events — show timeline

• 2026-04-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-10 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 2007-10-01 Sold (MLS) $79,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+10.8%/yr

Latest (2025): $1,009 · +3.9% YoY. Source: county tax records.