4207 SE 27th St · Taylor Creek, FL 34974

$149,999

3 bd · 2.0 ba · 1,364 sqft · Manufactured public records · 2 Days on market

Built 1987 8,250 sqft lot Est $175k · 14% under

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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 +25.9/30.0
• ARV discount +13.8/15.0
• DSCR +8.7/10.0
• 1% rule +7.3/10.0
• Schools +3.6/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

75 feet of Deep Canal Access. Partially remodeled 3 bedroom 2 bath mobile home with a large media room addition with Sliding glass doors leading to a wood patio for entertaining. 3 year old commericial air conditioner. New roof in 2004. Located on a nicely shaded, landscaped lot with a circular driveway. 2 storage sheds in back yard one with plumbing. One car attached garage with workshop. Seawall, small dock and boatshed with a hoist. Come see, clean as a whistle!! Motivated sellers bring us an offer ! Exterior Feat = Entry-Ground Level, Water Front: Lake Okeechobee, Boat Dock Available,

Key facts

• Metal roof
• Dock
• Canal

Tags

• CANAL
• DOCK
• FLORIDA ROOM
• SCREENED IN FRONT PORCH
• COVERED PRIVATE BACK PORCH
• METAL ROOF

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Attached 2-car garage; Driveway; 2 covered parking spaces; Total of 4 parking spaces
• Security: Smoke detectors
• Utilities: Public water; Septic tank; Electricity connected; Water connected
• Home design: Mobile home; One level; Faces west; Resale condition
• Construction: Vinyl siding; Metal roof; Built as single-story; Appraiser-listed building area
• Exterior features: Lake access waterfront; Asphalt road; Public maintained road

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Concrete; Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Walk-in closets; Custom mirrors; Furnished
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $370 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 9.3% vs local median 4.1% in Taylor Creek — 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 56/100 on livability (#874 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, employment F.
• Okeechobee (town): math 44% / reading 42% proficiency, ranked #58 of 73 in FL (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Everglades Elementary School (math 53% / reading 52%, grade C-, #976 of 2,144 statewide, top 46%, 760 students, 76% FRL); Osceola Middle School (math 53% / reading 36%, grade D, #320 of 571 statewide, top 57%, 753 students, 67% FRL); Okeechobee High School (math 30% / reading 42%, grade F, #359 of 667 statewide, top 55%, 1,692 students, 62% FRL) — zoned schools at 68% FRL track the district average.
• Market conditions: 402 active listings in the ZIP; 18 units permitted in Okeechobee County in 2024 (0 in 5+ unit buildings).
• This rent runs 42% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Okeechobee County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 14y 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 $55k; list at $150k implies a 173% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,999

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
4. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
5. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 1.23% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.57%
• DSCR: 1.47
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $174,592
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4207 SE 27th St	0.00mi	3/2.0	1,364 (0%)	0mo	$140,000	$103	100
3020 SE 38th Ave	0.35mi	3/1.5	1,400 (+3%)	7mo	$112,000	$80	71
3932 SE 28th St	0.18mi	3/2.0	1,329 (-3%)	22mo	$195,000	$147	69
3832 SE 25th St	0.25mi	3/2.0	1,539 (+13%)	9mo	$160,000	$104	59
3045 SE 36th Ave	0.48mi	3/2.0	1,512 (+11%)	2mo	$160,000	$106	58
3851 SE 25th St	0.25mi	2/2.0 (-1)	1,188 (-13%)	7mo	$152,000	$128	56
3120 SE 38th Ave	0.40mi	3/2.0	1,196 (-12%)	10mo	$292,000	$244	52
3407 SE 27th St SE	0.51mi	4/3.0 (+1)	1,296 (-5%)	14mo	$175,000	$135	48

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

Projected returns pro-forma

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

5-year hold

• IRR: -0.4%
• Equity multiple: 0.98×
• Total profit: $-677
• Equity at exit: $22,365

10-year hold

• IRR: 9.3%
• Equity multiple: 1.71×
• Total profit: $29,995
• Equity at exit: $12,969

Cash invested: $42,000 (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 34974

• Home prices YoY: -15.6%
• Active inventory: 402
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,840 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$235 /mo · $2,817/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $370

Break-even live

Break-even rent $1,372

Max offer price $149,999

Occupancy floor 75%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-24
   status Pending
2. 2026-05-17
   listed $149,999 Active
3. 2015-08-13
   soldstatus $55,000
4. 2013-12-16
   soldstatus $52,500
5. 2013-12-12
   soldstatus $52,500 595-char remark

   Show marketing remark (595 chars)

   75 feet of Deep Canal Access. Partially remodeled 3 bedroom 2 bath mobile home with a large media room addition with Sliding glass doors leading to a wood patio for entertaining. 3 year old commericial air conditioner. New roof in 2004. Located on a nicely shaded, landscaped lot with a circular driveway. 2 storage sheds in back yard one with plumbing. One car attached garage with workshop. Seawall, small dock and boatshed with a hoist. Come see, clean as a whistle!! Motivated sellers bring us an offer ! Exterior Feat = Entry-Ground Level, Water Front: Lake Okeechobee, Boat Dock Available,

6. 2012-12-23
   listed $56,000 595-char remark

   Show marketing remark (595 chars)

   75 feet of Deep Canal Access. Partially remodeled 3 bedroom 2 bath mobile home with a large media room addition with Sliding glass doors leading to a wood patio for entertaining. 3 year old commericial air conditioner. New roof in 2004. Located on a nicely shaded, landscaped lot with a circular driveway. 2 storage sheds in back yard one with plumbing. One car attached garage with workshop. Seawall, small dock and boatshed with a hoist. Come see, clean as a whistle!! Motivated sellers bring us an offer ! Exterior Feat = Entry-Ground Level, Water Front: Lake Okeechobee, Boat Dock Available,

7. 2012-10-28
   historical
8. 2012-04-28
   listed $62,000

ⓘ 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: $2,817 · $235/mo
• Projected year-2 tax: $2,817 · $235/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,085
• − Mortgage interest: −$8,402
• − Property taxes: −$2,817
• − Insurance: −$750
• − Repairs & maintenance: −$1,767
• − Management: −$1,767
• − Depreciation: −$4,364
• Taxable income: $2,219
• Est. tax owed @ 24.0%: −$533
• After-tax cash flow: $3,909/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: Okeechobee
• NCES district ID: 1201410
• Math proficiency: 44% ▼ -12.00%
• Reading proficiency: 42% ▼ -4.00%
• Median HH income: $36,710
• Composite: 35.73/100
• National rank: #4855
• State rank: #58 of 73 in FL

Livability — Taylor Creek

• Score: 56/100
• State rank: #874
• US rank: #23017

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor Creek, FL
• County: Okeechobee County · 23,975 people
• Metro: Okeechobee, FL
• Population (ZIP): 23,975
• Household income: $53,013
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 399.0

Population outlook (Okeechobee County) Hauer SSP2

• Today (2025): 37,273 people
• By 2030: 35,885 · -3.7%
• By 2040: 32,931 · -11.6%
• By 2050: 29,433 · -21.0%
• By 2075: 19,607 · -47.4%
• By 2100: 11,814 · -68.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 19% Two or more races 8% Asian 2% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 12% Puerto Rican 1% Cuban 2%
• Common ancestry: Lithuanian 2% Iranian 2% Italian 2%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 81% English-only · Spanish 16% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Okeechobee

• 2024 margin: Solid R (+53.8) · D 22.9% · R 76.7%
• 2008→2024 swing: -34.6pp toward R · 2008: -19.2pp · 2024: -53.8pp
• All cycles: 2024: R+53.8 2020: R+44.4 2016: R+39.5 2012: R+20.0 2008: R+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -64.47%
• Current HPI: 348.6692
• Rent YoY: —
• Metro: Okeechobee, 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

+141.9% since first listed

8 events — show timeline

• 2026-05-24 Pending — Beaches MLS
• 2026-05-17 Listed $149,999 Beaches MLS
• 2015-08-13 Sold (Public Records) $55,000 Public Records
• 2013-12-16 Sold (Public Records) $52,500 Public Records
• 2013-12-12 Sold (MLS) $52,500 Stellar MLS as Distributed by MLS Grid
• 2012-12-23 Listed $56,000 Stellar MLS as Distributed by MLS Grid
• 2012-10-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-04-28 Listed $62,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+13.4%/yr

Latest (2025): $2,817 · +2.2% YoY. Source: county tax records.