5316 53rd Ave E Unit F21 · Bradenton, FL 34203

$115,000

2 bd · 1.0 ba · 744 sqft · Manufactured public records · 559 Days on market

Built 1973 8,311 sqft lot Est $92k · 26% over $332/mo HOA · 18% of rent

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Two bedroom one bath single wide that is larger then it seems. Open floor plan with living room, kitchen, and dining room all open for a more spacious feel. The bedrooms are split with one at each end of the unit. The stacked washer/dryer are in the bathroom. There is a small den/office room that also has a closet. The screened lanai can give you more space to enjoy. WestWinds Community gives you a peaceful feeling as you tour the neighborhood. Friendly smiles and waves will immediately make you feel at home and EVEN ALLOWS 2 PETS with NO WEIGHT restrictions. Numerous social activities give you a chance to meet your new friends and neighbors. With their fun scheduled activities of dinners,

Key facts

• 8,311 sq ft lot
• Community pool
• Built 1973

Property features AI

Finance

• Other: Lease restrictions apply
• Financial info: Total annual fees approximately $3,984
• HOA & community: Part of West Winds Village association; monthly fee of $332; Association fee includes cable TV, common area taxes, pool, escrow reserves, fidelity bond, grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Association approval required for purchase; Community amenities: clubhouse, pool, spa/hot tub, tennis courts, shuffleboard, recreation facilities, storage, community mailbox, street lights; buyer approval required; deed restrictions; Senior community; Pets allowed (cats and dogs)

Exterior

• Parking: Private paved cul-de-sac access; Private maintained road
• Security: Gated community
• Utilities: Public water; Public sewer; Cable connected; Sewer connected; Water connected
• Home design: Mobile home (single wide); One story; Northeast facing; Entry on crawlspace foundation
• Construction: Vinyl siding with frame construction; Roof over
• Exterior features: Enclosed patio/porch; Side porch; Sliding doors; Storage building/structure; Mature landscaping with oak trees

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Concrete; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Window treatments; Inside utility room
• Laundry & utility: Washer; Dryer; Laundry located inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $115k.

Deal economics

• At list price, monthly cash flow is $472 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.2% 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.
• Market conditions: Rents soft (-1.0%/yr); 384 active listings in the ZIP; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 32% of the median local income ($71k/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 $795 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 559 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $20k; list at $115k implies a 475% 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 $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 559 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 1973 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.63% ✓
• Cap rate: 11.22%
• Cash-on-cash: 17.60%
• DSCR: 1.78
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $91,512
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 53rd Ave E Unit E2	0.09mi	2/2.0	736 (-1%)	1mo	$75,000	$102	89
5316 53rd Ave E Unit I10	0.21mi	2/1.5	744 (0%)	8mo	$98,000	$132	82
5316 53 Ave E Unit I5	0.18mi	2/1.0	690 (-7%)	3mo	$84,900	$123	77
5316 53rd Ave E Unit F40	0.07mi	2/2.0	792 (+6%)	9mo	$108,000	$136	75
5316 53rd Ave E Unit A3	0.14mi	2/2.0	768 (+3%)	12mo	$65,000	$85	74
5316 53rd Ave E Unit B6	0.14mi	2/1.0	672 (-10%)	10mo	$50,000	$74	69
5316 53rd Ave E Unit M4	0.30mi	2/1.0	672 (-10%)	3mo	$73,000	$109	68
5316 53rd Ave E Unit Q6	0.27mi	2/1.0	672 (-10%)	10mo	$80,000	$119	63
5316 53rd Ave E Unit Q8	0.28mi	2/1.0	672 (-10%)	12mo	$99,000	$147	60
5316 53rd Ave E Unit K29	0.26mi	2/2.0	672 (-10%)	10mo	$111,000	$165	59
5316 53rd Ave E Unit K4	0.25mi	3/2.0 (+1)	792 (+6%)	12mo	$85,000	$107	59
5707 45th St E #81	0.67mi	2/2.0	736 (-1%)	6mo	$105,000	$143	58

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: 5.1%
• Equity multiple: 1.19×
• Total profit: $6,104
• Equity at exit: $17,147

10-year hold

• IRR: 11.1%
• Equity multiple: 1.73×
• Total profit: $23,449
• Equity at exit: $9,943

Cash invested: $32,200 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 384
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,876 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$27 /mo · $321/yr
• Insurance: −$48
• HOA: −$332
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $472

Break-even live

Break-even rent $1,278

Max offer price $115,000

Occupancy floor 70%

Sensitivity live

Price	-10% $537	-5% $505	+0% $472	+5% $440	+10% $407
Rent	-10% $324	-5% $398	+0% $472	+5% $546	+10% $620
Rate	-1.0pp $530	-0.5pp $501	base $472	+0.5pp $442	+1.0pp $412

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $332 · $3,984/yr

Listing history 18 events

1. 2026-06-18
   days on market $115,000 Active 559 DOM
2. 2026-06-17
   days on market $115,000 Active 558 DOM
3. 2026-06-16
   days on market $115,000 Active 557 DOM
4. 2026-06-15
   days on market $115,000 Active 556 DOM
5. 2026-06-13
   days on market $115,000 Active 554 DOM
6. 2026-06-13
   days on market $115,000 Active 553 DOM
7. 2026-06-10
   days on market $115,000 Active 551 DOM
8. 2026-06-09
   days on market $115,000 Active 550 DOM
9. 2026-06-08
   days on market $115,000 Active 549 DOM
10. 2026-06-08
    days on market $115,000 Active 548 DOM
11. 2026-06-03
    days on market $115,000 Active 544 DOM
12. 2026-06-02
    days on market $115,000 Active 543 DOM
13. 2026-06-01
    days on market $115,000 Active 542 DOM
14. 2026-05-31
    days on market $115,000 Active 541 DOM
15. 2026-03-24
    price $115,000
16. 2024-12-06
    price $125,000
17. 2024-12-06
    listed $130,000 Active
18. 1991-11-15
    soldstatus $20,000

ⓘ 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: $321 · $27/mo
• Projected year-2 tax: $954 · $80/mo
• Expected delta: +$633/yr (+$53/mo · 197.3%)

ⓘ 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 (unshaded) · 51% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 30 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: $22,511
• − Mortgage interest: −$6,442
• − Property taxes: −$321
• − Insurance: −$575
• − Repairs & maintenance: −$1,801
• − Management: −$1,801
• − HOA: −$3,984
• − Depreciation: −$3,345
• Taxable income: $4,242
• Est. tax owed @ 24.0%: −$1,018
• After-tax cash flow: $4,649/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
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 (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
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+475.0% since first listed

4 events — show timeline

• 2026-03-24 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-06 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-06 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 1991-11-15 Sold (Public Records) $20,000 Public Records

Property tax history

+5.6%/yr

Latest (2025): $321 · +8.3% YoY. Source: county tax records.