878 Jolanda Cir · Venice, FL 34285

$175,000

2 bd · 2.0 ba · 1,272 sqft · Manufactured public records · 34 Days on market

Built 1979 6,413 sqft lot $229/mo HOA · 11% of rent

---

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 +22.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• 1% rule +6.9/10.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

Key facts

• Windows for kitchen
• New roof
• 6,413 sq ft lot

Tags

• LANDSCAPED AND MAINTAINED
• NEW ROOF
• WINDOWS FOR MASTER BEDROOM
• WINDOWS FOR 2ND BEDROOM
• WINDOWS FOR SIDE LIVING ROOM
• WINDOWS FOR KITCHEN

Property features AI

Finance

• Other: Partially furnished; Total annual fees listed
• Financial info: No lease restrictions indicated
• HOA & community: Has HOA administered by Andrea Real Management; Monthly HOA fee $229 (quarterly association fee noted $687); Association approval required; Association amenities include clubhouse, pool, tennis courts, cable TV and maintenance; Buyer approval required; Golf carts allowed; Senior community; Pets allowed (cats and dogs)

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Cable available; Broadband/high-speed internet available; Electricity connected; Water connected; Sewer connected
• Home design: Residential modular home; Single-story (one level); Faces southwest; RMH zoning
• Construction: Metal siding; Shingle roof; Slab foundation; Built as modular construction
• Exterior features: Enclosed patio/porch; Awnings; Mature landscaping; Corner lot; Landscaped; In county location; Asphalt road frontage

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Living room / dining room combo; Window treatments; Bonus room; 8 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Washer and dryer listed among appliances

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $175k.

Deal economics

• At list price, monthly cash flow is $306 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#129 in FL, #1,925 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, commute 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: Garden Elementary School (math 71% / reading 69%, grade A-, #345 of 2,144 statewide, top 17%, 513 students, 52% FRL); Venice Senior High School (math 67% / reading 61%, grade B-, #86 of 667 statewide, top 13%, 2,584 students, 31% FRL) — zoned schools at 41% FRL track the district average.
• Market conditions: Rents rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 37% of the median local income ($68k/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 $5k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $49k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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

• Climate carrying-cost: 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 $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 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 1979 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.19% ✓
• Cap rate: 8.39%
• Cash-on-cash: 7.49%
• DSCR: 1.33
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 1.1%
• Equity multiple: 1.05×
• Total profit: $2,257
• Equity at exit: $26,093

10-year hold

• IRR: 15.6%
• Equity multiple: 2.58×
• Total profit: $77,659
• Equity at exit: $15,131

Cash invested: $49,000 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,085 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$121 /mo · $1,458/yr
• Insurance: −$73
• HOA: −$229
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $306

Break-even live

Break-even rent $1,698

Max offer price $175,000

Occupancy floor 80%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $229 · $2,748/yr
• Likely covers: poolgym

Listing history 26 events

1. 2026-06-18
   days on market $175,000 Active 34 DOM
2. 2026-06-17
   days on market $175,000 Active 33 DOM
3. 2026-06-16
   days on market $175,000 Active 32 DOM
4. 2026-06-15
   days on market $175,000 Active 31 DOM
5. 2026-06-13
   days on market $175,000 Active 29 DOM
6. 2026-06-13
   days on market $175,000 Active 28 DOM
7. 2026-06-10
   days on market $175,000 Active 26 DOM
8. 2026-06-09
   days on market $175,000 Active 25 DOM
9. 2026-06-08
   days on market $175,000 Active 24 DOM
10. 2026-06-08
    days on market $175,000 Active 23 DOM
11. 2026-06-05
    days on market $175,000 Active 20 DOM
12. 2026-06-03
    days on market $175,000 Active 19 DOM
13. 2026-06-02
    days on market $175,000 Active 18 DOM
14. 2026-06-01
    days on market $175,000 Active 17 DOM
15. 2026-05-31
    days on market $175,000 Active 16 DOM
16. 2026-05-15
    listed $175,000 Active 1191-char remark
17. 2026-05-05
    historical
18. 2026-01-29
    price $175,000
19. 2025-10-20
    listed $185,500 Active
20. 2023-08-28
    soldstatus $160,000
21. 2016-12-29
    soldstatus $105,500
22. 2016-12-16
    soldstatus $105,500 Sold

    Show marketing remark (1096 chars)

    Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

23. 2016-11-22
    status Pending

    Show marketing remark (1096 chars)

    Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

24. 2016-11-07
    status Active

    Show marketing remark (1096 chars)

    Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

25. 2016-11-04
    status Pending

    Show marketing remark (1096 chars)

    Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

26. 2016-05-06
    listed $118,000 Active

    Show marketing remark (1096 chars)

    Huge home on corner lot. Large circular kitchen makes this a sought after floor plan, beautiful bay windows in the spacious living room bring in all the light, A added bonus is the bright side Florida room opened to the living dining room areas, walk in closet in the master gives tons of storage. A screen room on the drive is even more space, the over sized shed is perfect for a work shop or even more storage. Do not miss this opportunity. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

ⓘ 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: $1,458 · $121/mo
• Projected year-2 tax: $1,458 · $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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,018
• − Mortgage interest: −$9,803
• − Property taxes: −$1,458
• − Insurance: −$875
• − Repairs & maintenance: −$2,001
• − Management: −$2,001
• − HOA: −$2,748
• − Depreciation: −$5,091
• Taxable income: $1,041
• Est. tax owed @ 24.0%: −$250
• After-tax cash flow: $3,421/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 — Venice

• Score: 80/100
• State rank: #129
• US rank: #1925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• City population: 86,541
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 18,677
• Household income: $68,301
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 747.0

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 (88%)
• Race & ethnicity: White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 5% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 2%

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: ▼ -329.42%
• Current HPI: 264.6389
• Rent YoY: ▲ 8.78%
• 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

+48.3% since first listed

11 events — show timeline

• 2026-05-15 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-29 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Listed $185,500 Stellar MLS as Distributed by MLS Grid
• 2023-08-28 Sold (Public Records) $160,000 Public Records
• 2016-12-29 Sold (Public Records) $105,500 Public Records
• 2016-12-16 Sold (MLS) $105,500 Stellar MLS as Distributed by MLS Grid
• 2016-11-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-11-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-05-06 Listed $118,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+5.5%/yr

Latest (2025): $1,458 · -2.8% YoY. Source: county tax records.