5946 SR 471 · Wildwood, FL 33513

$245,900

3 bd · 2.0 ba · 1,148 sqft · SingleFamily public records · 56 Days on market

Built 1978 1.00 ac lot Est $312k · 21% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.3/30.0
• Appreciation +10.0/10.0
• Schools +5.2/10.0
• DSCR +4.0/10.0
• Livability +3.5/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

MEMORIES ARE WAITING TO BE MADE! This 3 bedroom, 2 bath home is situated on ONE ACRE! It is adorned in the back yard with several fruit bearing Pear Trees! This home offers 1148 Sq Ft of Living plus a One Car garage, a full bath off the Garage and a bonus room. The kitchen has a breakfast bar, a utility closet and a newer refrigerator. Storage is not an issue, with an included storage shed in the backyard. With booming growth in the area, this is an investment property worth strong consideration! Roof-2009, HWH-2026, HVAC 2008

Key facts

• Storage shed
• Utility closet
• Breakfast bar

Tags

• FRUIT BEARING PEAR TREES
• STORAGE SHED
• BREAKFAST BAR
• UTILITY CLOSET

Property features AI

Finance

• Other: Homestead exempt; Zoning: RR1; Contains one well and one septic; Living area (public records): 1,148 sq ft; Total building area: 1,612 sq ft
• HOA & community: No HOA/association indicated

Exterior

• Parking: Attached garage (1 car)
• Utilities: Electricity connected; Water connected; Septic tank; Water source: None listed
• Home design: Single family residence; Residential property; One story; Faces east
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 1-acre lot
• Exterior features: Shed(s); Fruit trees; Paved road access; In county location

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $246k.

Deal economics

• At list price, monthly cash flow is $1 ($8/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (25.3% below list).
• Recommended offer: $184k (25.3% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.9% in Wildwood — 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 (#471 in FL) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, crime A-; Watch: schools C-, amenities F, commute F.
• Sumter (rural): math 61% / reading 61% proficiency, ranked #11 of 73 in FL (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 97 active listings in the ZIP; 3,961 units permitted in Sumter County in 2024 (248 in 5+ unit buildings).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $25k appreciation (10.0% local appreciation)).
• Sumter County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $69k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($239k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,654 (25.3% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.75% ✗
• Cap rate: 6.30%
• Cash-on-cash: 0.01%
• DSCR: 1.00
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $312,256
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6075 SE 26th St	0.36mi	2/1.0 (-1)	1,196 (+4%)	23mo	$325,000	$272	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.3%
• Equity multiple: 2.94×
• Total profit: $133,843
• Equity at exit: $221,526

10-year hold

• IRR: 21.5%
• Equity multiple: 6.72×
• Total profit: $393,861
• Equity at exit: $477,730

Cash invested: $68,852 (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 33513

• Home prices YoY: 12.8%
• Active inventory: 97
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,837 medium
• Mortgage (P&I): −$1,290
• Tax from tax record: −$58 /mo · $698/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $1

Break-even live

Break-even rent $1,836

Max offer price $245,900

Occupancy floor 95%

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: $61,475
• Closing costs: $7,377
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $245,900 Active 56 DOM
2. 2026-06-18
   days on market $245,900 Active 55 DOM
3. 2026-06-17
   price $245,900 Active 54 DOM
4. 2026-06-17
   days on market $250,000 Active 54 DOM
5. 2026-06-16
   days on market $250,000 Active 53 DOM
6. 2026-06-15
   days on market $250,000 Active 52 DOM
7. 2026-06-14
   days on market $250,000 Active 50 DOM
8. 2026-06-13
   days on market $250,000 Active 49 DOM
9. 2026-06-10
   days on market $250,000 Active 47 DOM
10. 2026-06-09
    days on market $250,000 Active 46 DOM
11. 2026-06-08
    days on market $250,000 Active 45 DOM
12. 2026-06-07
    days on market $250,000 Active 44 DOM
13. 2026-06-02
    days on market $250,000 Active 39 DOM
14. 2026-06-01
    days on market $250,000 Active 38 DOM
15. 2026-05-31
    days on market $250,000 Active 37 DOM
16. 2026-05-30
    days on market $250,000 Active 36 DOM
17. 2026-04-24
    listed $250,000 Active

ⓘ 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: $698 · $58/mo
• Projected year-2 tax: $2,041 · $170/mo
• Expected delta: +$1,343/yr (+$112/mo · 192.4%)

ⓘ 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 6/10 Major
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 19 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: $22,038
• − Mortgage interest: −$13,774
• − Property taxes: −$698
• − Insurance: −$1,230
• − Repairs & maintenance: −$1,763
• − Management: −$1,763
• − Depreciation: −$7,153
• Taxable loss: −$4,343
• Est. tax savings @ 24.0%: +$1,042
• After-tax cash flow: $1,051/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: Sumter
• NCES district ID: 1201800
• Math proficiency: 61% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $48,240
• Composite: 51.74/100
• National rank: #1682
• State rank: #11 of 73 in FL

Livability — Wildwood

• Score: 69/100
• State rank: #471
• US rank: #8500

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 21,568
• Population (ZIP): 13,647

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 161,172 people
• By 2030: 180,083 · +11.7%
• By 2040: 209,892 · +30.2%
• By 2050: 234,186 · +45.3%
• By 2075: 284,602 · +76.6%
• By 2100: 317,039 · +96.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 11% Hispanic / Latino 10% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Serbian 3% Iranian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 92% English-only · Spanish 6% Chinese 1%

Political lean MEDSL · Sumter

• 2024 margin: Solid R (+37.6) · D 30.9% · R 68.6%
• 2008→2024 swing: -10.6pp toward R · 2008: -27.0pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+36.1 2016: R+39.2 2012: R+34.9 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 40.29%
• Current HPI: 354.5531
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-04-24 Listed $250,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.7%/yr

Latest (2025): $698 · +2.6% YoY. Source: county tax records.