42 E Wentworth St · Englewood, FL 34223

$254,900

2 bd · 1.0 ba · 968 sqft · SingleFamily public records · 203 Days on market

Built 1963 7,875 sqft lot $263/sqft · at area comps Est $259k · at est.

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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).

• Cash flow +18.4/30.0
• ARV discount +8.1/15.0
• DSCR +5.8/10.0
• Schools +5.4/10.0
• Rent growth +4.8/5.0
• 1% rule +4.3/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out this ridiculously charming Englewood Village cottage that has been totally updated to include a newer roof 2019, a/c 2020, 18 x 11 screen tiled lanai, water lines have been re-lined, attic re-insulated, interior doors, lights and ceiling fans replaced, The backyard is basically a serene oasis with a brick paver BBQ area with a pergola and a covered screened back porch perfect for sipping margaritas. Have pets? Like privacy? You are going to love this totally fenced backyard with beautiful tropical landscaping. Inside you will be pleased to find an updated modern bathroom and a gorgeous kitchen, 2022. Marble countertops, white wood cabinets, SS LG appliances, double oven and a double storage pantry makes this a very chef friendly area. Entire house including the lanai has wood tile flooring. A center island adds to the beauty and makes you feel like a culinary master! Other features of this unique house include a double driveway with plenty of room for that boat or RV you have been dreaming about! Plus a carport with epoxy flooring, a front porch brick paver pergola, a laundry room with stacked LG washer and dryer and storage area. Did I mention there is a vegetable garden area and a storage shed? Walking distance to shopping and restaurants, Dearborn Street around the corner along with boat launching and parks. Manasota Key Beach is only 2 miles away. NO HOA, NO CDD, NOT IN A FLOOD ZONE. The Lifestyle will Last Forever, the Opportunity will Not!

Key facts

• Marble countertops
• Newer roof
• Gorgeous kitchen

Tags

• NEWER ROOF
• FENCED BACKYARD
• TROPICAL LANDSCAPING
• UPDATED MODERN BATHROOM
• GORGEOUS KITCHEN
• MARBLE COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $239 ($3k/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 $236k (7.2% below list).
• Recommended offer: $224k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 3.8% in Englewood — 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 73/100 on livability (#321 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, health & safety A; Watch: employment C-, amenities F, 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: Englewood Elementary School (math 65% / reading 66%, grade B+, #500 of 2,144 statewide, top 24%, 587 students, 52% FRL).
• Market conditions: Rents rising fast (+9.0%/yr); 726 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 37% of the median local income ($76k/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 $2k of loan paydown is wiped out by about $8k 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 $71k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 203 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $152k; list at $255k implies a 68% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $224,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 203 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.93% ✗
• Cap rate: 7.42%
• Cash-on-cash: 4.03%
• DSCR: 1.18
• GRM: 9.0

CMA / ARV

• ARV (median comp): $258,515
• List price: $254,900
• Delta: -1.40%
• Verdict: FAIR
• Comps: 17 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -4.9%
• Equity multiple: 0.81×
• Total profit: $-13,604
• Equity at exit: $38,006

10-year hold

• IRR: 9.6%
• Equity multiple: 1.90×
• Total profit: $64,481
• Equity at exit: $22,039

Cash invested: $71,372 (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 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 726
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,365 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$186 /mo · $2,229/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$497
• Net cashflow: $239

Break-even live

Break-even rent $2,062

Max offer price $254,900

Occupancy floor 85%

Sensitivity live

Price	-10% $384	-5% $312	+0% $239	+5% $167	+10% $95
Rent	-10% $53	-5% $146	+0% $239	+5% $333	+10% $426
Rate	-1.0pp $368	-0.5pp $304	base $239	+0.5pp $173	+1.0pp $106

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: $63,725
• Closing costs: $7,647
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-05
   status $254,900 Pending 203 DOM
2. 2026-06-03
   days on market $254,900 Active 203 DOM
3. 2026-06-02
   days on market $254,900 Active 202 DOM
4. 2026-06-01
   days on market $254,900 Active 201 DOM
5. 2026-05-31
   days on market $254,900 Active 200 DOM
6. 2026-05-17
   price $254,900 1480-char remark

   Show marketing remark (1480 chars)

   Check out this ridiculously charming Englewood Village cottage that has been totally updated to include a newer roof 2019, a/c 2020, 18 x 11 screen tiled lanai, water lines have been re-lined, attic re-insulated, interior doors, lights and ceiling fans replaced, The backyard is basically a serene oasis with a brick paver BBQ area with a pergola and a covered screened back porch perfect for sipping margaritas. Have pets? Like privacy? You are going to love this totally fenced backyard with beautiful tropical landscaping. Inside you will be pleased to find an updated modern bathroom and a gorgeous kitchen, 2022. Marble countertops, white wood cabinets, SS LG appliances, double oven and a double storage pantry makes this a very chef friendly area. Entire house including the lanai has wood tile flooring. A center island adds to the beauty and makes you feel like a culinary master! Other features of this unique house include a double driveway with plenty of room for that boat or RV you have been dreaming about! Plus a carport with epoxy flooring, a front porch brick paver pergola, a laundry room with stacked LG washer and dryer and storage area. Did I mention there is a vegetable garden area and a storage shed? Walking distance to shopping and restaurants, Dearborn Street around the corner along with boat launching and parks. Manasota Key Beach is only 2 miles away. NO HOA, NO CDD, NOT IN A FLOOD ZONE. The Lifestyle will Last Forever, the Opportunity will Not!

7. 2026-04-07
   price $269,000 1480-char remark

   Show marketing remark (1480 chars)

   Check out this ridiculously charming Englewood Village cottage that has been totally updated to include a newer roof 2019, a/c 2020, 18 x 11 screen tiled lanai, water lines have been re-lined, attic re-insulated, interior doors, lights and ceiling fans replaced, The backyard is basically a serene oasis with a brick paver BBQ area with a pergola and a covered screened back porch perfect for sipping margaritas. Have pets? Like privacy? You are going to love this totally fenced backyard with beautiful tropical landscaping. Inside you will be pleased to find an updated modern bathroom and a gorgeous kitchen, 2022. Marble countertops, white wood cabinets, SS LG appliances, double oven and a double storage pantry makes this a very chef friendly area. Entire house including the lanai has wood tile flooring. A center island adds to the beauty and makes you feel like a culinary master! Other features of this unique house include a double driveway with plenty of room for that boat or RV you have been dreaming about! Plus a carport with epoxy flooring, a front porch brick paver pergola, a laundry room with stacked LG washer and dryer and storage area. Did I mention there is a vegetable garden area and a storage shed? Walking distance to shopping and restaurants, Dearborn Street around the corner along with boat launching and parks. Manasota Key Beach is only 2 miles away. NO HOA, NO CDD, NOT IN A FLOOD ZONE. The Lifestyle will Last Forever, the Opportunity will Not!

8. 2026-01-15
   price $284,900 1480-char remark

   Show marketing remark (1480 chars)

   Check out this ridiculously charming Englewood Village cottage that has been totally updated to include a newer roof 2019, a/c 2020, 18 x 11 screen tiled lanai, water lines have been re-lined, attic re-insulated, interior doors, lights and ceiling fans replaced, The backyard is basically a serene oasis with a brick paver BBQ area with a pergola and a covered screened back porch perfect for sipping margaritas. Have pets? Like privacy? You are going to love this totally fenced backyard with beautiful tropical landscaping. Inside you will be pleased to find an updated modern bathroom and a gorgeous kitchen, 2022. Marble countertops, white wood cabinets, SS LG appliances, double oven and a double storage pantry makes this a very chef friendly area. Entire house including the lanai has wood tile flooring. A center island adds to the beauty and makes you feel like a culinary master! Other features of this unique house include a double driveway with plenty of room for that boat or RV you have been dreaming about! Plus a carport with epoxy flooring, a front porch brick paver pergola, a laundry room with stacked LG washer and dryer and storage area. Did I mention there is a vegetable garden area and a storage shed? Walking distance to shopping and restaurants, Dearborn Street around the corner along with boat launching and parks. Manasota Key Beach is only 2 miles away. NO HOA, NO CDD, NOT IN A FLOOD ZONE. The Lifestyle will Last Forever, the Opportunity will Not!

9. 2025-11-12
   listed $299,900 Active 1480-char remark

   Show marketing remark (1480 chars)

   Check out this ridiculously charming Englewood Village cottage that has been totally updated to include a newer roof 2019, a/c 2020, 18 x 11 screen tiled lanai, water lines have been re-lined, attic re-insulated, interior doors, lights and ceiling fans replaced, The backyard is basically a serene oasis with a brick paver BBQ area with a pergola and a covered screened back porch perfect for sipping margaritas. Have pets? Like privacy? You are going to love this totally fenced backyard with beautiful tropical landscaping. Inside you will be pleased to find an updated modern bathroom and a gorgeous kitchen, 2022. Marble countertops, white wood cabinets, SS LG appliances, double oven and a double storage pantry makes this a very chef friendly area. Entire house including the lanai has wood tile flooring. A center island adds to the beauty and makes you feel like a culinary master! Other features of this unique house include a double driveway with plenty of room for that boat or RV you have been dreaming about! Plus a carport with epoxy flooring, a front porch brick paver pergola, a laundry room with stacked LG washer and dryer and storage area. Did I mention there is a vegetable garden area and a storage shed? Walking distance to shopping and restaurants, Dearborn Street around the corner along with boat launching and parks. Manasota Key Beach is only 2 miles away. NO HOA, NO CDD, NOT IN A FLOOD ZONE. The Lifestyle will Last Forever, the Opportunity will Not!

10. 2020-08-19
    soldstatus $152,000
11. 2003-04-22
    soldstatus $88,200
12. 2000-07-24
    soldstatus $55,000
13. 1999-04-22
    soldstatus $53,000
14. 1982-03-01
    soldstatus $35,000

ⓘ 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: $2,229 · $186/mo
• Projected year-2 tax: $2,229 · $186/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 5/10 Major FEMA zone X (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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: $28,376
• − Mortgage interest: −$14,278
• − Property taxes: −$2,229
• − Insurance: −$1,274
• − Repairs & maintenance: −$2,270
• − Management: −$2,270
• − Depreciation: −$7,415
• Taxable loss: −$1,361
• Est. tax savings @ 24.0%: +$327
• After-tax cash flow: $3,200/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 — Englewood

• Score: 73/100
• State rank: #321
• US rank: #5655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Englewood, FL
• County: Sarasota County · 448,376 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 290.0

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 (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 4% Iranian 2%
• Foreign-born: 9% · Canada
• Languages at home: 94% English-only · German/W. Germanic 2% Spanish 1% Other Indo-European 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: ▼ -146.26%
• Current HPI: 281.0529
• Rent YoY: ▲ 9.02%
• 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

+628.3% since first listed

9 events — show timeline

• 2026-05-17 Price Changed $254,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Price Changed $269,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-15 Price Changed $284,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Listed $299,900 Stellar MLS as Distributed by MLS Grid
• 2020-08-19 Sold (Public Records) $152,000 Public Records
• 2003-04-22 Sold (Public Records) $88,200 Public Records
• 2000-07-24 Sold (Public Records) $55,000 Public Records
• 1999-04-22 Sold (Public Records) $53,000 Public Records
• 1982-03-01 Sold (Public Records) $35,000 Public Records

Property tax history

+7.8%/yr

Latest (2025): $2,229 · -5.5% YoY. Source: county tax records.