Clifton Plan · Parrish, FL 34219

$358,990

3 bd · 2.0 ba · 1,816 sqft · SingleFamily · 180 Days on market

Good condition 2-car garage

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Why this score? — see what drove the D- 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 +8.7/30.0
• ARV discount +7.5/15.0
• Schools +5.6/10.0
• Condition / age +4.0/5.0
• 1% rule +2.7/10.0
• Livability +2.5/5.0
• DSCR +2.4/10.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

This all concrete block constructed, open-concept home offers a well-appointed kitchen overlooking a great room and dining area that lead out to a covered lanai, great for dining al fresco. The first two bedrooms at the front of the home share a full bathroom, while the primary bedroom, which includes an ensuite bathroom, is found in the back of the home for maximum privacy. This home includes a stainless steel electric range, microwave, and built-in dishwasher.

Key facts

• Open-concept home
• Covered lanai
• Ensuite bathroom

Tags

• OPEN-CONCEPT HOME
• WELL-APPOINTED KITCHEN
• COVERED LANAI
• ENSUITE BATHROOM
• STAINLESS STEEL ELECTRIC RANGE
• BUILT-IN DISHWASHER

🏗️ New construction. The $358,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $377,852.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $359k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-319 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $332k (7.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $290k (19.2% below list).
• Recommended offer: $290k (19.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Annie Lucy Williams Elementary School (math 80% / reading 73%, grade A, #185 of 2,144 statewide, top 9%, 798 students, 31% FRL); Buffalo Creek Middle School (math 59% / reading 51%, grade B-, #180 of 571 statewide, top 32%, 1,127 students, 44% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL).
• Market conditions: Rents soft (-0.9%/yr); 2703 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 31% of the median local income ($114k/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 $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($316k) is reasonable based on typical stale-listing flexibility.

Recommended offer $290,202 (19.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.77% ✗
• Cap rate: 5.28%
• Cash-on-cash: -3.61%
• DSCR: 0.84
• GRM: 10.9

CMA / ARV

• ARV (median comp): $377,852
• List price: $358,990
• Delta: -4.99%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1526 Westover Ave	0.18mi	3/2.0	1,744 (-4%)	0mo	$450,000	$258	84
1786 Cobb Trl	0.19mi	4/2.0 (+1)	1,828 (+1%)	1mo	$375,610	$205	84
1508 Love Grass Ter	0.29mi	3/2.0	1,844 (+2%)	0mo	$375,000	$203	83
1307 Thornbury Dr	0.42mi	3/2.0	1,814 (-0%)	1mo	$380,000	$209	80
1905 Vandalia Pl	0.30mi	4/2.0 (+1)	1,828 (+1%)	0mo	$364,000	$199	79
1831 Vandalia Pl	0.30mi	3/2.0	1,672 (-8%)	0mo	$335,560	$201	72
1630 Love Grass Ter	0.17mi	3/2.0	1,564 (-14%)	0mo	$298,660	$191	69
1627 Love Grass Ter	0.15mi	3/2.0	1,564 (-14%)	1mo	$300,000	$192	69
1781 Cobb Trl	0.18mi	4/2.5 (+1)	2,045 (+13%)	1mo	$377,500	$185	62
17159 James Trl	0.23mi	4/2.5 (+1)	2,045 (+13%)	0mo	$424,000	$207	61
1512 Love Grass Ter	0.29mi	4/2.0 (+1)	2,034 (+12%)	1mo	$430,000	$211	60
1504 Love Grass Ter	0.30mi	4/2.0 (+1)	2,034 (+12%)	1mo	$406,990	$200	60

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.8%
• Equity multiple: 0.15×
• Total profit: $-89,984
• Equity at exit: $56,339

10-year hold

• IRR: -35.8%
• Equity multiple: -0.30×
• Total profit: $-137,180
• Equity at exit: $32,670

Cash invested: $105,799 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 57 active · 74 under contract
• Months of supply: 3.7 mo (27%/mo absorbed)
• Median asking: $385,000 ($206/sqft)
• Median days on market: 105 d
• This list price: 37% of active listings are priced below it
• ARV vs active asking: +1.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34219

• Home prices YoY: -23.7%
• Rents YoY: -0.9%
• Active inventory: 2703
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,902 medium
• Mortgage (P&I): −$1,981
• Tax est. 1.5%: −$472 /mo · $5,668/yr
• Insurance: −$157
• HOA: −$0
• Vacancy / Maint / Mgmt: −$609
• Net cashflow: $-319

Break-even live

Break-even rent $3,305

Max offer price $331,742

Occupancy floor —

Sensitivity live

Price	-10% $-58	-5% $-188	+0% $-319	+5% $-449	+10% $-580
Rent	-10% $-548	-5% $-433	+0% $-319	+5% $-204	+10% $-89
Rate	-1.0pp $-128	-0.5pp $-223	base $-319	+0.5pp $-417	+1.0pp $-516

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: $94,463
• Closing costs: $11,336
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16823 Destrehen Ct Parrish, FL	3.0	2.0	1744	$2,490	$1.43	52d	1	0.23mi
2726 Greenleaf Ter Parrish, FL	3.0	2.0	1651	$2,200	$1.33	72d	1	0.89mi

Property features AI

Finance

• Other: Listing provided by Zillow; information deemed reliable but not guaranteed
• Financial info: List price $354,990

Exterior

• Parking: 2-car garage / 2 total parking spaces
• Home design: New construction plan: CliftonSingle-family residence (plan)Active listing
• Exterior features: Located at 17108 Legacy Preserve Dr, Parrish FL 34219Living area approximately 1,816

Interior

• Kitchen: Plan includes standard kitchen (Clifton plan)
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Open living area (plan layout)

Listing history 49 events

1. 2026-08-08
   days on market $358,990 Active 180 DOM
2. 2026-08-07
   days on market $358,990 Active 179 DOM
3. 2026-08-06
   days on market $358,990 Active 178 DOM
4. 2026-08-05
   days on market $358,990 Active 177 DOM
5. 2026-08-04
   days on market $358,990 Active 176 DOM
6. 2026-07-31
   days on market $358,990 Active 172 DOM
7. 2026-07-30
   days on market $358,990 Active 170 DOM
8. 2026-07-28
   days on market $358,990 Active 169 DOM
9. 2026-07-24
   days on market $358,990 Active 165 DOM
10. 2026-07-23
    days on market $358,990 Active 164 DOM
11. 2026-07-22
    days on market $358,990 Active 163 DOM
12. 2026-07-21
    days on market $358,990 Active 162 DOM
13. 2026-07-18
    days on market $358,990 Active 159 DOM
14. 2026-07-18
    days on market $358,990 Active 158 DOM
15. 2026-07-16
    days on market $358,990 Active 157 DOM
16. 2026-07-15
    pricedays on market $358,990 Active 156 DOM
17. 2026-07-13
    days on market $356,990 Active 154 DOM
18. 2026-07-13
    days on market $356,990 Active 153 DOM
19. 2026-07-11
    days on market $356,990 Active 152 DOM
20. 2026-07-10
    days on market $356,990 Active 151 DOM
21. 2026-07-09
    days on market $356,990 Active 150 DOM
22. 2026-07-07
    days on market $356,990 Active 148 DOM
23. 2026-07-06
    days on market $356,990 Active 147 DOM
24. 2026-07-05
    days on market $356,990 Active 146 DOM
25. 2026-07-03
    days on market $356,990 Active 144 DOM
26. 2026-07-02
    days on market $356,990 Active 143 DOM
27. 2026-07-01
    days on market $356,990 Active 142 DOM
28. 2026-06-30
    days on market $356,990 Active 141 DOM
29. 2026-06-29
    days on market $356,990 Active 140 DOM
30. 2026-06-28
    days on market $356,990 Active 139 DOM
31. 2026-06-27
    days on market $356,990 Active 138 DOM
32. 2026-06-27
    days on market $356,990 Active 137 DOM
33. 2026-06-25
    days on market $356,990 Active 135 DOM
34. 2026-06-22
    days on market $356,990 Active 133 DOM
35. 2026-06-22
    days on market $356,990 Active 132 DOM
36. 2026-06-18
    days on market $356,990 Active 129 DOM
37. 2026-06-17
    days on market $356,990 Active 128 DOM
38. 2026-06-16
    days on market $356,990 Active 127 DOM
39. 2026-06-15
    days on market $356,990 Active 126 DOM
40. 2026-06-13
    days on market $356,990 Active 124 DOM
41. 2026-06-13
    days on market $356,990 Active 123 DOM
42. 2026-06-10
    days on market $356,990 Active 121 DOM
43. 2026-06-09
    days on market $356,990 Active 120 DOM
44. 2026-06-08
    days on market $356,990 Active 119 DOM
45. 2026-06-08
    days on market $356,990 Active 118 DOM
46. 2026-06-03
    days on market $356,990 Active 114 DOM
47. 2026-06-02
    days on market $356,990 Active 113 DOM
48. 2026-06-01
    days on market $356,990 Active 112 DOM
49. 2026-05-31
    days on market $356,990 Active 111 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $34,824
• − Mortgage interest: −$21,166
• − Property taxes: −$5,668
• − Insurance: −$1,889
• − Repairs & maintenance: −$2,786
• − Management: −$2,786
• − Depreciation: −$10,992
• Taxable loss: −$10,462
• Est. tax savings @ 24.0%: +$2,511
• After-tax cash flow: $-1,313/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $9,080–$27,240 screening

This all-concrete block home is in good condition with modern finishes and a well-maintained exterior. It offers a good investment opportunity with minor cosmetic updates that can further enhance its value.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value. ↑
• Rental Clean gutters — Clean gutters improve drainage and prevent water damage, which is important for renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 56/100

Zoned Schools

Elementary Gene Witt Elementary School A+ FL #65/2,144 Nat'l #766/41,679 Middle Buffalo Creek Middle School B- FL #180/571 Nat'l #2,482/14,009 High Palmetto High School F FL #456/667 Nat'l #11,621/17,239

Schools (NCES district)

• District: Manatee
• NCES district ID: 1201230
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 50% ▼ -2.00%
• Median HH income: $49,607
• Composite: 44.43/100
• National rank: #2806
• State rank: #26 of 73 in FL

Livability — Parrish

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Manatee County · 447,342 people
• City population: 33,296
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 33,296
• Household income: $113,773
• Rent vs Own: 8.1% rent · 91.9% own
• Severe rent burden: 16% of renters

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Population outlook (Manatee County) Hauer SSP2

• Today (2025): 447,342 people
• By 2030: 488,911 · +9.3%
• By 2040: 567,934 · +27.0%
• By 2050: 637,995 · +42.6%
• By 2075: 781,970 · +74.8%
• By 2100: 848,272 · +89.6%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 11% Two or more races 8% Black 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 4% Hispanic 2% Russian 2%
• Foreign-born: 10% · Canada, Dominican Republic, Jamaica
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 2% Other Asian/Pacific 1%

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Political lean MEDSL · Manatee

• 2024 margin: Strong R (+23.5) · D 37.9% · R 61.4%
• 2008→2024 swing: -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
• All cycles: 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.45%
• Current HPI: 271.7131
• Rent YoY: ▼ -0.95%
• Metro: North Port-Sarasota-Bradenton, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Other: Listing provided by Zillow; information deemed reliable but not guaranteed
• Financial info: List price $354,990

Exterior

• Parking: 2-car garage / 2 total parking spaces
• Home design: New construction plan: CliftonSingle-family residence (plan)Active listing
• Exterior features: Located at 17108 Legacy Preserve Dr, Parrish FL 34219Living area approximately 1,816

Interior

• Kitchen: Plan includes standard kitchen (Clifton plan)
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Open living area (plan layout)