5751 Hyacinth Rd · South Venice, FL 34293

$150,000

2 bd · 2.0 ba · 1,128 sqft · Manufactured public records · 55 Days on market

Built 1973 5,254 sqft lot $257/mo HOA · 11% of rent

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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 +29.7/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice Home in a great community. Just a bike ride to the beach, Home has new paint and much more

Key facts

• Makeup vanity
• Community pool
• Screened lanai

Tags

• ROOF REPLACED
• LARGE BAY WINDOW
• ENCLOSED FLORIDA ROOM
• MAKEUP VANITY
• SCREENED LANAI
• COMMUNITY POOL

Property features AI

Finance

• Other: Furnished; Association fee required
• Financial info: Total annual fees reported: $3,084; Lease restrictions apply
• HOA & community: HOA: Japanese Gardens of Venice FL; Monthly HOA fee of $257; HOA includes cable TV, pool, maintenance of grounds, private road, recreational facilities, sewer and water; Association amenities: pool, clubhouse, tennis courts, pickleball courts, shuffleboard, recreation facilities, maintenance; Association approval required; Senior community; Pets: Cats allowed (number limit)

Exterior

• Parking: Covered parking; Driveway parking; Off-street parking; 1-car carport
• Security: Smoke detector(s)
• Utilities: Private water; Private sewer; Broadband/high-speed internet available; Cable available; Electricity connected; Sewer connected; Water connected
• Home design: Residential mobile home (double wide); One story; Facing west; Completed condition; Entry level: One
• Construction: Metal siding and frame construction; Metal roof; Pillar/post/pier foundation; Double wide body type; Built area per public records: 1,128 living area
• Exterior features: Covered front porch; Covered patio; Screened porch; Patio; Porch; Landscaped with trees; Level, paved and private lot; Private maintained road; Asphalt/paved driveway

Interior

• Kitchen: Disposal; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Solid surface counters; Thermostat; Walk-in closet(s); Window treatments; Sliding doors; Florida room
• Laundry & utility: Washer; Dryer; Laundry area outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#549 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: amenities F, commute F, health & safety F.
• Sarasota (urban): math 63% / reading 63% proficiency, ranked #7 of 73 in FL (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Englewood Elementary School (math 65% / reading 66%, grade B+, #500 of 2,144 statewide, top 24%, 587 students, 52% FRL).
• Market conditions: Rents flat; 1247 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

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.
• Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.50% ✓
• Cap rate: 10.68%
• Cash-on-cash: 15.65%
• DSCR: 1.70
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.7% rent growth · sell at horizon

5-year hold

• IRR: -14.6%
• Equity multiple: 0.49×
• Total profit: $-21,254
• Equity at exit: $22,365

10-year hold

• IRR: -12.8%
• Equity multiple: 0.36×
• Total profit: $-26,802
• 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 34293

• Rents YoY: 0.7%
• Active inventory: 1247
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,247 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$121 /mo · $1,453/yr
• Insurance: −$62
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$257
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $121

Break-even live

Break-even rent $2,093

Max offer price $150,000

Occupancy floor 90%

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: —

HOA detail

• Monthly dues: $257 · $3,084/yr

Listing history 22 events

1. 2026-06-18
   days on market $150,000 Active 55 DOM
2. 2026-06-17
   days on market $150,000 Active 54 DOM
3. 2026-06-16
   days on market $150,000 Active 53 DOM
4. 2026-06-15
   days on market $150,000 Active 52 DOM
5. 2026-06-13
   days on market $150,000 Active 50 DOM
6. 2026-06-13
   days on market $150,000 Active 49 DOM
7. 2026-06-10
   days on market $150,000 Active 47 DOM
8. 2026-06-09
   days on market $150,000 Active 46 DOM
9. 2026-06-08
   days on market $150,000 Active 45 DOM
10. 2026-06-08
    days on market $150,000 Active 44 DOM
11. 2026-06-05
    days on market $150,000 Active 41 DOM
12. 2026-06-03
    days on market $150,000 Active 40 DOM
13. 2026-06-02
    days on market $150,000 Active 39 DOM
14. 2026-06-01
    days on market $150,000 Active 38 DOM
15. 2026-05-31
    days on market $150,000 Active 37 DOM
16. 2026-04-24
    listed $150,000 Active 1842-char remark
17. 2017-12-04
    soldstatus $160,000
18. 2013-08-15
    soldstatus $65,000 95-char remark

    Show marketing remark (95 chars)

    Nice Home in a great community. Just a bike ride to the beach, Home has new paint and much more

19. 2013-07-31
    soldstatus $65,000
20. 2012-08-06
    listed $71,000 95-char remark

    Show marketing remark (95 chars)

    Nice Home in a great community. Just a bike ride to the beach, Home has new paint and much more

21. 2001-04-06
    soldstatus $65,000
22. 1982-12-01
    soldstatus $11,000

ⓘ 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: $1,453 · $121/mo
• Projected year-2 tax: $1,453 · $121/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 6/10 Major FEMA zone AE · 57% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,961
• − Mortgage interest: −$8,402
• − Property taxes: −$1,453
• − Insurance: −$5,868
• − Repairs & maintenance: −$2,157
• − Management: −$2,157
• − HOA: −$3,084
• − Depreciation: −$4,364
• Taxable loss: −$523
• Est. tax savings @ 24.0%: +$126
• After-tax cash flow: $1,581/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: Sarasota
• NCES district ID: 1201680
• Math proficiency: 63% ▼ -8.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $51,167
• Composite: 53.68/100
• National rank: #1428
• State rank: #7 of 73 in FL

Livability — South Venice

• Score: 67/100
• State rank: #549
• US rank: #10377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Venice, FL
• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 50,278
• Household income: $90,038
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 548.0

Population outlook (Sarasota County) Hauer SSP2

• Today (2025): 452,380 people
• By 2030: 474,175 · +4.8%
• By 2040: 511,577 · +13.1%
• By 2050: 541,467 · +19.7%
• By 2075: 604,947 · +33.7%
• By 2100: 621,965 · +37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 4% Slovak 3%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Russian/Polish/Slavic 2% French/Haitian/Cajun 1%

Political lean MEDSL · Sarasota

• 2024 margin: R (+18.2) · D 40.5% · R 58.7%
• 2008→2024 swing: -18.1pp toward R · 2008: -0.1pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+10.4 2016: R+11.6 2012: R+7.4 2008: R+0.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -355.64%
• Current HPI: 270.5242
• Rent YoY: ▲ 0.70%
• Metro: North Port-Sarasota-Bradenton, 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

+1263.6% since first listed

7 events — show timeline

• 2026-04-24 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2017-12-04 Sold (Public Records) $160,000 Public Records
• 2013-08-15 Sold (MLS) $65,000 Stellar MLS as Distributed by MLS Grid
• 2013-07-31 Sold (Public Records) $65,000 Public Records
• 2012-08-06 Listed $71,000 Stellar MLS as Distributed by MLS Grid
• 2001-04-06 Sold (Public Records) $65,000 Public Records
• 1982-12-01 Sold (Public Records) $11,000 Public Records

Property tax history

+3.8%/yr

Latest (2025): $1,453 · +4.7% YoY. Source: county tax records.