61 Mourningdove Ct · Bradenton, FL 34222

$130,000

2 bd · 1.0 ba · 1,176 sqft · Manufactured public records · 289 Days on market

Built 1984 5,314 sqft lot Est $191k · 32% under $31/mo HOA · 2% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This double wide tenant occupied on large cul-de-sac lot in this exciting 55+ robust community. Everything is new!! Spacious living room opens to a large kitchen and dining area that is more than ample space to entertain. All new flooring, paint and remodel of baths and kitchen is just the start of the massive renovation that has been completed. The community offers a pool, clubhouse, fitness area and more. Golf carts and small pets are allowed. 24-hour guard at this lovely, gated community. Great investment opportunity!

Key facts

• Remodel of kitchen
• New flooring
• Large cul-de-sac lot

Tags

• LARGE CUL-DE-SAC LOT
• NEW FLOORING
• REMODEL OF BATHS
• REMODEL OF KITCHEN
• COMMUNITY OFFERS POOL
• COMMUNITY OFFERS CLUBHOUSE

Property features AI

Finance

• Other: Total lot about 0.12 acres
• Financial info: Lease restrictions apply
• HOA & community: Ridgewood HOA (association approval required); Quarterly association fee ($95); Monthly HOA equivalent about $31.67; Senior community; Pets allowed with size limit

Exterior

• Parking: Carport (1 space)
• Security: Guard-gated community
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Residential mobile home (double wide); One story; North facing; Entry on main level
• Construction: Vinyl siding; Shingle roof; Slab foundation; Built as a double wide; Living area about 1,176
• Exterior features: Sidewalk; Asphalt road access

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry closet

🏷️ Possibly a rental listed for sale. The $130,000 price doesn't fit this home's estimated sale value (~$190,512) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $698 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.7% vs local median 3.6% in Bradenton — 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 81/100 on livability (#101 in FL, #1,528 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime D, amenities F.
• 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: Blackburn Elementary School (math 62% / reading 42%, grade C-, #990 of 2,144 statewide, top 48%, 551 students, 78% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL) — zoned schools average 70% FRL vs 51% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 185 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 38% of the median local income ($64k/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 $899 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 289 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 14y ago; this cycle's ask has dropped $45k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; list at $130k implies a 122% 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→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 289 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.57% ✓
• Cap rate: 12.74%
• Cash-on-cash: 23.03%
• DSCR: 2.02
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $190,512
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20 Wood Owl Ave	0.17mi	2/2.0	1,176 (0%)	4mo	$200,000	$170	85
22 Wood Owl Ave	0.19mi	2/2.0	1,176 (0%)	8mo	$190,000	$162	80
51 Partridge Ave	0.13mi	2/2.0	1,318 (+12%)	2mo	$233,000	$177	68
158 Nightingale Cir	0.26mi	2/2.0	1,287 (+9%)	2mo	$185,000	$144	67
159 Osprey Cir Unit na	0.20mi	2/2.0	1,296 (+10%)	4mo	$181,000	$140	66
121 Mockingbird Ln	0.14mi	2/2.0	1,012 (-14%)	3mo	$120,000	$119	64
77 Spoonbill Ln	0.12mi	2/2.0	1,352 (+15%)	2mo	$140,000	$104	63
112 Eagle Cir	0.13mi	2/2.0	1,027 (-13%)	6mo	$179,000	$174	63
137 Osprey Cir	0.28mi	2/2.0	1,352 (+15%)	3mo	$190,000	$141	56
3108 Terra Siesta Blvd	0.71mi	2/2.0	1,248 (+6%)	0mo	$125,000	$100	53
3522 70th Ave E	0.62mi	2/2.0	1,266 (+8%)	4mo	$245,000	$194	51
3432 71st Ave E	0.60mi	2/2.0	1,296 (+10%)	4mo	$230,000	$177	47

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: 16.0%
• Equity multiple: 1.64×
• Total profit: $23,460
• Equity at exit: $19,383

10-year hold

• IRR: 24.6%
• Equity multiple: 3.14×
• Total profit: $77,868
• Equity at exit: $11,240

Cash invested: $36,400 (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 34222

• Home prices YoY: -26.9%
• Active inventory: 185
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,037 high
• Mortgage (P&I): −$682
• Tax from tax record: −$144 /mo · $1,726/yr
• Insurance: −$54
• HOA: −$31
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $698

Break-even live

Break-even rent $1,153

Max offer price $130,000

Occupancy floor 61%

Sensitivity live

Price	-10% $772	-5% $735	+0% $698	+5% $662	+10% $625
Rent	-10% $538	-5% $618	+0% $698	+5% $779	+10% $859
Rate	-1.0pp $764	-0.5pp $732	base $698	+0.5pp $665	+1.0pp $631

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2710 59th Dr E Ellenton, FL	1.0–3.0	1.0–2.0	1149	$2,234	$1.94	5d	37	0.49mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,357	$2.47	0d	66	0.53mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	5d	1	0.75mi
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,771	$1.77	0d	1	0.81mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	5d	1	0.82mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	23d	1	0.93mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	16d	1	0.97mi
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	25d	1	1.16mi
4180 Yardly Dr Palmetto, FL	1.0–3.0	1.0–2.0	1021	$2,498	$2.45	5d	15	1.22mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	25d	1	1.29mi
5021 US Highway 301 N Ellenton, FL	3.0	2.5	861	$3,900	$4.53	5d	1	1.30mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	25d	1	1.31mi

HOA detail

• Monthly dues: $31 · $372/yr
• Likely covers: poolsecurity

Listing history 50 events

1. 2026-06-22
   days on market $130,000 Active 289 DOM
2. 2026-06-18
   days on market $130,000 Active 286 DOM
3. 2026-06-17
   days on market $130,000 Active 285 DOM
4. 2026-06-16
   days on market $130,000 Active 284 DOM
5. 2026-06-15
   days on market $130,000 Active 283 DOM
6. 2026-06-13
   days on market $130,000 Active 281 DOM
7. 2026-06-13
   days on market $130,000 Active 280 DOM
8. 2026-06-10
   days on market $130,000 Active 278 DOM
9. 2026-06-09
   days on market $130,000 Active 277 DOM
10. 2026-06-08
    days on market $130,000 Active 276 DOM
11. 2026-06-08
    days on market $130,000 Active 275 DOM
12. 2026-06-03
    days on market $130,000 Active 271 DOM
13. 2026-06-02
    days on market $130,000 Active 270 DOM
14. 2026-06-01
    days on market $130,000 Active 269 DOM
15. 2026-05-31
    days on market $130,000 Active 268 DOM
16. 2026-04-29
    price $130,000
17. 2026-04-09
    price $140,000
18. 2026-02-06
    price $150,000
19. 2025-12-09
    status Active
20. 2025-11-18
    historical
21. 2025-08-15
    listed $175,000 Active
22. 2025-08-01
    historical $1,400
23. 2025-08-01
    listed $1,400
24. 2025-06-26
    historical $1,400
25. 2025-03-18
    listed $1,400
26. 2025-03-17
    historical
27. 2025-02-06
    listed $199,000 Active
28. 2024-12-31
    historical
29. 2024-08-07
    price $140,000
30. 2024-08-02
    price $145,000
31. 2024-06-18
    listed $147,000 Active
32. 2018-02-25
    historical
33. 2017-12-08
    price $90,000
34. 2017-10-03
    listed $95,000 Active
35. 2016-11-19
    status Pending
36. 2016-11-18
    historical
37. 2016-09-04
    listed $80,000 Active
38. 2015-06-11
    status Pending
39. 2015-06-10
    historical
40. 2015-05-23
    price $73,000
41. 2015-05-14
    price $69,900
42. 2014-08-12
    status Active
43. 2014-07-31
    status Pending
44. 2014-06-14
    status Active
45. 2014-06-10
    historical
46. 2013-04-30
    historical
47. 2013-01-17
    listed $69,000 Active
48. 2012-07-12
    listed $80,000
49. 1986-07-01
    soldstatus $58,500
50. 1984-04-01
    soldstatus $601,300

ⓘ 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: $1,726 · $144/mo
• Projected year-2 tax: $1,726 · $144/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,444
• − Mortgage interest: −$7,282
• − Property taxes: −$1,726
• − Insurance: −$650
• − Repairs & maintenance: −$1,956
• − Management: −$1,956
• − HOA: −$372
• − Depreciation: −$3,782
• Taxable income: $6,721
• Est. tax owed @ 24.0%: −$1,613
• After-tax cash flow: $6,769/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: 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 — Bradenton

• Score: 81/100
• State rank: #101
• US rank: #1528

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• City population: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 14,819
• Household income: $64,355
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 313.0

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 17% Two or more races 13% Black 7% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 10% Other Indo-European 1% Vietnamese 1%

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: ▼ -107.75%
• Current HPI: 293.2597
• Rent YoY: —
• 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

-78.4% since first listed

35 events — show timeline

• 2026-04-29 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-06 Price Changed $150,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-15 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-01 Rental Removed $1,400 STELLARMLS
• 2025-08-01 Listed for Rent $1,400 STELLARMLS
• 2025-06-26 Rental Removed $1,400 STELLARMLS
• 2025-03-18 Listed for Rent $1,400 STELLARMLS
• 2025-03-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-02-06 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-08-07 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-02 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-18 Listed $147,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-12-08 Price Changed $90,000 Stellar MLS as Distributed by MLS Grid
• 2017-10-03 Listed $95,000 Stellar MLS as Distributed by MLS Grid
• 2016-11-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-09-04 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-05-23 Price Changed $73,000 Stellar MLS as Distributed by MLS Grid
• 2015-05-14 Price Changed $69,900 Stellar MLS as Distributed by MLS Grid
• 2014-08-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-07-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-01-17 Listed $69,000 Stellar MLS as Distributed by MLS Grid
• 2012-07-12 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 1986-07-01 Sold (Public Records) $58,500 Public Records
• 1984-04-01 Sold (Public Records) $601,300 Public Records

Property tax history

+9.1%/yr

Latest (2025): $1,726 · +200.3% YoY. Source: county tax records.