🌊 Lakefront
6633 53rd Ave E Unit C-20 · Bradenton, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 6 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +24.3/30.0
- ARV discount +14.4/15.0
- DSCR +7.8/10.0
- 1% rule +6.3/10.0
- Schools +5.7/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Appreciation +2.5/10.0
- Rent growth +2.3/5.0
- Manufactured-home adj. -5.7
$110,000
6633 53rd Ave E Unit C-20 · Bradenton, FL 34203
1 bd · 1.0 ba · 730 sqft · Manufactured
· 150 Days on market
Manufactured home
Built 1987
2,000 sqft lot
$151/sqft
· 15% below area
Est $130k · 15% under · waterfront
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Pleasant Lake RV Resort gets its name honestly. There is a beautiful 25-acre lake in the center. It's a great place to walk. We bought this fixer upper in 2015 and made it our lovely home. It is a one bedroom, one bath home on 2 levels with a double carport. The lower level has 2 entrances, 2 desks, washer and dryer, large storage closet and a custom built storage unit with 2 extra large shoe drawers. The upper level houses the living area with queen bedroom, tub bathroom, living room, eat in kitchen with dishwasher and stainless steel appliances. The upper level also has a rear door that leads to the grilling area.
Key facts
- New awning
- Membrane roof
- Double carport
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath manufactured listed at $110k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $221 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $110k).
- Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 3.5% 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: Tara Elementary School (math 79% / reading 66%, grade A, #281 of 2,144 statewide, top 13%, 559 students, 52% FRL); Braden River Middle School (math 54% / reading 47%, grade C, #246 of 571 statewide, top 44%, 810 students, 58% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL) — zoned schools at 51% FRL track the district average.
- Market conditions: Rents soft (-1.0%/yr); 535 active listings in the ZIP; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k 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 150 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$96,800
(12.0% below list)
Questions for the listing agent
- It's been on market 150 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- 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.
- 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.
- 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
- 1.13% ✓
- Cap rate
- 8.70%
- Cash-on-cash
- 8.59%
- DSCR
- 1.38
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $130,082
- List price
- $110,000
- Delta
- -15.44%
- Verdict
- UNDERPRICED
- Comps
- 17 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5316 53rd Ave E Unit D7 | 1.29mi | 2/1.0 (+1) | 728 (-0%) | 3mo | $136,400 | $187 | 57 |
| 5316 53rd Ave E Unit A33 | 1.45mi | 2/1.5 (+1) | 732 (+0%) | 7mo | $90,000 | $123 | 52 |
| 5316 53rd Ave E Unit E2 | 1.37mi | 2/2.0 (+1) | 736 (+1%) | 4mo | $75,000 | $102 | 51 |
| 5316 53rd Ave E Unit A10 | 1.48mi | 2/1.0 (+1) | 684 (-6%) | 2mo | $87,000 | $127 | 48 |
| 5316 53rd Ave E Unit E3 | 1.36mi | 2/1.0 (+1) | 672 (-8%) | 1mo | $34,000 | $51 | 46 |
| 5316 53 Ave E Unit I5 | 1.35mi | 2/1.0 (+1) | 690 (-6%) | 6mo | $84,900 | $123 | 46 |
| 5316 53rd Ave E Unit I10 | 1.34mi | 2/1.5 (+1) | 744 (+2%) | 11mo | $98,000 | $132 | 45 |
| 5316 53rd Ave E Unit F7 | 1.32mi | 2/2.0 (+1) | 784 (+7%) | 3mo | $76,000 | $97 | 42 |
| 5316 53rd Ave E Unit H12 | 1.37mi | 2/1.5 (+1) | 672 (-8%) | 6mo | $105,000 | $156 | 40 |
| 5316 53rd Ave E Unit B6 | 1.43mi | 2/1.0 (+1) | 672 (-8%) | 13mo | $50,000 | $74 | 36 |
| 5316 53rd Ave E Unit F40 | 1.28mi | 2/2.0 (+1) | 792 (+8%) | 12mo | $108,000 | $136 | 32 |
| 5316 53rd Ave E Unit K29 | 1.49mi | 2/2.0 (+1) | 672 (-8%) | 13mo | $111,000 | $165 | 32 |
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
- -6.7%
- Equity multiple
- 0.76×
- Total profit
- $-7,396
- Equity at exit
- $16,401
10-year hold
- IRR
- -1.3%
- Equity multiple
- 0.92×
- Total profit
- $-2,335
- Equity at exit
- $9,511
Cash invested: $30,800 (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.
Active competition Active MLS
- For sale now
- 1 active
- Median asking
- $28,000 ($35/sqft)
- Median days on market
- 1 d
- This list price
- 100% of active listings are priced below it
- ARV vs active asking
- +404.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34203
- Home prices YoY
- -24.5%
- Rents YoY
- -1.0%
- Active inventory
- 535
- Price-to-rent
- 7.4×
Monthly cashflow live
↻
- Estimated rent
- $1,241 medium interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax est. 1.5%
- −$138 /mo · $1,650/yr
- Insurance
- −$46
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$261
- Net cashflow
- $221
Break-even live
Break-even rent
$962
Max offer price
$110,000
Occupancy floor
77%
Sensitivity live
| Price | -10% $297 | -5% $259 | +0% $221 | +5% $183 | +10% $145 |
|---|---|---|---|---|---|
| Rent | -10% $122 | -5% $172 | +0% $221 | +5% $270 | +10% $319 |
| Rate | -1.0pp $276 | -0.5pp $249 | base $221 | +0.5pp $192 | +1.0pp $163 |
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
- $27,500
- Closing costs
- $3,300
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Property features AI
Finance
- Other
- FurnishedIrrigation equipment includedCorner lot (paved), asphalt road
- Financial info
- Land lease: $893
- HOA & community
- Street lightsSenior communityGated community (appointment required to enter)
Exterior
- Parking
- Carport with 2 spaces
- Security
- Gated communitySecurity system (owned)
- Utilities
- Public sewerCanal/lake water source for irrigationCable available and connectedElectricity connectedPhone availableSewer connectedWater connectedUnderground utilitiesFire hydrant nearby
- Home design
- Manufactured home (single wide)One storyFaces westEntry on first floor
- Construction
- Vinyl siding on frame constructionMembrane roofCrawlspace foundationBuilt as completed
- Exterior features
- Awning(s)Outdoor grillStorage
Interior
- Kitchen
- Convection ovenMicrowaveDishwasherDisposal
- Bedrooms
- 1 bedroom
- Flooring
- Laminate
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Heat pumpCentral airHumidity control
- Interior features
- Ceiling fansEat-in kitchenSolid surface countersSolid wood cabinetsThermostatWindow treatmentsExhaust fanSmoke detector(s)Security system (owned)Gated community
- Laundry & utility
- Washer hookupElectric dryer hookupWasher/Dryer hookups insideElectric water heater
Listing history 50 events
-
2026-08-27days on market $110,000 Active 150 DOM
-
2026-08-26days on market $110,000 Active 149 DOM
-
2026-08-25days on market $110,000 Active 148 DOM
-
2026-08-24days on market $110,000 Active 147 DOM
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2026-08-23days on market $110,000 Active 146 DOM
-
2026-08-22days on market $110,000 Active 145 DOM
-
2026-08-21days on market $110,000 Active 144 DOM
-
2026-08-20days on market $110,000 Active 143 DOM
-
2026-08-19days on market $110,000 Active 142 DOM
-
2026-08-18days on market $110,000 Active 141 DOM
-
2026-08-17days on market $110,000 Active 140 DOM
-
2026-08-16days on market $110,000 Active 139 DOM
-
2026-08-15days on market $110,000 Active 138 DOM
-
2026-08-14days on market $110,000 Active 137 DOM
-
2026-08-13days on market $110,000 Active 136 DOM
-
2026-08-12days on market $110,000 Active 135 DOM
-
2026-08-11days on market $110,000 Active 134 DOM
-
2026-08-10days on market $110,000 Active 133 DOM
-
2026-08-09days on market $110,000 Active 132 DOM
-
2026-08-08days on market $110,000 Active 131 DOM
-
2026-08-07days on market $110,000 Active 130 DOM
-
2026-08-06days on market $110,000 Active 129 DOM
-
2026-08-05days on market $110,000 Active 128 DOM
-
2026-08-04days on market $110,000 Active 127 DOM
-
2026-08-03days on market $110,000 Active 126 DOM
-
2026-07-31days on market $110,000 Active 123 DOM
-
2026-07-30days on market $110,000 Active 121 DOM
-
2026-07-28days on market $110,000 Active 120 DOM
-
2026-07-24days on market $110,000 Active 116 DOM
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2026-07-23days on market $110,000 Active 115 DOM
-
2026-07-22days on market $110,000 Active 114 DOM
-
2026-07-21days on market $110,000 Active 113 DOM
-
2026-07-18days on market $110,000 Active 110 DOM
-
2026-07-18days on market $110,000 Active 109 DOM
-
2026-07-16days on market $110,000 Active 108 DOM
-
2026-07-15days on market $110,000 Active 107 DOM
-
2026-07-14days on market $110,000 Active 106 DOM
-
2026-07-13days on market $110,000 Active 105 DOM
-
2026-07-13days on market $110,000 Active 104 DOM
-
2026-07-11days on market $110,000 Active 103 DOM
-
2026-07-10days on market $110,000 Active 102 DOM
-
2026-07-09days on market $110,000 Active 101 DOM
-
2026-07-07days on market $110,000 Active 99 DOM
-
2026-07-06days on market $110,000 Active 98 DOM
-
2026-07-05days on market $110,000 Active 97 DOM
-
2026-07-03days on market $110,000 Active 95 DOM
-
2026-07-02days on market $110,000 Active 94 DOM
-
2026-07-01days on market $110,000 Active 93 DOM
-
2026-06-30days on market $110,000 Active 92 DOM
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2026-06-29days on market $110,000 Active 91 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 10/10 Extreme 6 d/yr ≥108°F today · 22 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,898
- − Mortgage interest
- −$6,162
- − Property taxes
- −$1,650
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,192
- − Management
- −$1,192
- − Depreciation
- −$3,200
- Taxable income
- $952
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$229
- After-tax cash flow
- $2,418/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
75/100
Cosmetic rehab
Est. rehab $3,650–$10,950 screening
This manufactured home is in good condition with cosmetic updates needed for curb appeal and value enhancement.
Value-add opportunities
- Both Paint exterior trim — Enhances curb appeal and value ↑
- Both Trim landscaping — Improves curb appeal and value ↑
ⓘ 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 57/100
Zoned Schools
Elementary
Tara Elementary School
A
FL #281/2,144
Nat'l #2,730/41,679
Middle
Braden River Middle School
C
FL #246/571
Nat'l #3,367/14,009
High
Braden River High School
D
FL #201/667
Nat'l #6,224/17,239
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
A
Composite livability gradescore 81/100
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 · 447,342 people
- City population
- 227,091
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 40,618
- Household income
- $70,761
- Rent vs Own
- Severe rent burden
- 8% of renters
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 (65%)
- Race & ethnicity
- White 65% Hispanic / Latino 19% Two or more races 12% Black 9% Asian 5%
- Hispanic origin (detail)
- Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
- Common ancestry
- Lithuanian 3% Romanian 3% Slovak 2%
- Foreign-born
- 17% · Canada, Vietnam, Dominican Republic
- Languages at home
- 76% English-only · Spanish 16% Vietnamese 2% Other Indo-European 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
- ▼ -95.87%
- Current HPI
- 295.8871
- Rent YoY
- ▼ -0.97%
- 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 |
|
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| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
|
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
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Price history
1 event — show timeline
- 2026-03-30 Listed $110,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…