9329 Chiswell Trl · Ruskin, FL 34221

$329,999

3 bd · 2.5 ba · 1,853 sqft · SingleFamily · 42 Days on market

Built 2026 Good condition 4,840 sqft lot $58/mo HOA · 2% of rent ↓ 6% since listing

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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 +9.4/30.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• 1% rule +3.1/10.0
• DSCR +2.6/10.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks

Under Construction. What's Special: No Rear Neighbors | Water View | Oversized Closet in Primary | Low HOA Dues. New Construction - July Completion! Built by America's Most Trusted Home Builder. Welcome to the Maple at 9329 Chiswell Trail in Cove at Coasterra! The Maple floor plan is thoughtfully designed and brings a charming touch to the new collection of homes in Cove at Coasterra. Step inside through the welcoming foyer, where a convenient half bath sits nearby, and move into the expansive great room that opens beautifully to the kitchen and casual dining area. Upstairs, the primary suite offers a peaceful retreat with its ensuite bath and walk in closet. Two additional bedrooms share a

Key facts

• Oversized closet
• No rear neighbors
• Four pools

Tags

• NO REAR NEIGHBORS
• WATER VIEW
• OVERSIZED CLOSET
• LOW HOA DUES
• FOUR POOLS
• LAKESIDE PAVILION

Property features AI

Finance

• Other: CDD present; Home warranty included; Total annual fees $696
• HOA & community: Member of Cove at Coasterra HOA; Monthly HOA fee $58 (covers pool and grounds maintenance); Association approval required; Community amenities: clubhouse, fitness center, pool, pickleball courts, playground, recreation facilities, trails, dog park, sidewalks, street lights; golf carts allowed; Pets allowed (cats and dogs)

Exterior

• Parking: Driveway; Garage door opener; Ground-level attached garage; 2-car garage
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Fiber optics available; Water connected; Sewer connected; Underground utilities; Sprinkler (recycled); Irrigation equipment
• Home design: Single family residence; Under construction (projected completion July 31, 2026); Two levels; Faces southwest; Residential property
• Construction: New construction; Concrete, stucco and vinyl siding construction; Shingle roof; Slab foundation; Built by Taylor Morrison (Maple model)
• Exterior features: Hurricane shutters; Sliding doors; Paved road access; Pond view

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full baths; 1 half bath
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Window treatments; Great room; Inside utility / laundry room; Exhaust fan
• Laundry & utility: Washer; Dryer; Laundry room inside

🏗️ New construction. The $329,999 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $350,217.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $330k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-250 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $314k (4.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $282k (14.5% below list).
• Recommended offer: $282k (14.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#392 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute B+; Watch: amenities F, health & safety 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: James Tillman Elementary Magnet School (math 65% / reading 34%, grade D, #1,088 of 2,144 statewide, top 53%, 520 students, 74% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL) — zoned schools average 68% FRL vs 51% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 39% at this address vs 52% district-wide (-13 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-3.0%/yr); 1160 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 44% of the median local income ($78k/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 $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 42 days — a 3% lower offer ($320k) is reasonable based on typical stale-listing flexibility.

Recommended offer $282,069 (14.5% 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 42 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
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: 0.81% ✗
• Cap rate: 5.44%
• Cash-on-cash: -3.06%
• DSCR: 0.86
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $350,217
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9328 Chiswell Trl	0.00mi	3/2.5	1,853 (0%)	4mo	$325,999	$176	97
13815 Shellmore Ave	0.10mi	3/2.5	1,853 (0%)	2mo	$325,000	$175	94
8932 Killbarry Ln	0.27mi	3/2.5	1,853 (0%)	7mo	$350,000	$189	82
13423 Shellmore Ave	0.18mi	3/2.5	1,964 (+6%)	1mo	$339,030	$173	80
13808 Shellmore Ave	0.11mi	3/2.0	1,603 (-14%)	2mo	$315,999	$197	69
13705 Shellmore Ave	0.10mi	3/2.0	1,603 (-14%)	3mo	$300,999	$188	68
9138 Dalera Cv	0.08mi	4/2.0 (+1)	1,607 (-13%)	3mo	$325,000	$202	65
10472 Curving Creek Loop	0.70mi	3/2.5	1,826 (-2%)	3mo	$353,495	$194	63
10469 Curving Creek Loop	0.72mi	3/2.5	1,826 (-2%)	2mo	$337,990	$185	62
13412 Shellmore Ave	0.18mi	4/2.0 (+1)	1,607 (-13%)	1mo	$345,500	$215	62
13427 Shellmore Ave	0.17mi	4/2.0 (+1)	1,607 (-13%)	6mo	$331,000	$206	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: -24.9%
• Equity multiple: 0.18×
• Total profit: $-80,856
• Equity at exit: $52,218

10-year hold

• IRR: -33.7%
• Equity multiple: -0.25×
• Total profit: $-122,533
• Equity at exit: $30,280

Cash invested: $98,061 (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 34221

• Rents YoY: -3.0%
• Active inventory: 1160
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,821 high
• Mortgage (P&I): −$1,837
• Tax est. 1.5%: −$438 /mo · $5,253/yr
• Insurance: −$146
• HOA: −$58
• Vacancy / Maint / Mgmt: −$592
• Net cashflow: $-250

Break-even live

Break-even rent $3,137

Max offer price $314,052

Occupancy floor —

Sensitivity live

Price	-10% $-8	-5% $-129	+0% $-250	+5% $-371	+10% $-492
Rent	-10% $-473	-5% $-361	+0% $-250	+5% $-139	+10% $-27
Rate	-1.0pp $-74	-0.5pp $-161	base $-250	+0.5pp $-341	+1.0pp $-433

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: $87,554
• Closing costs: $10,507
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10473 Curving Creek Loop Parrish, FL	3.0	2.0	1366	$2,500	$1.83	15d	1	0.73mi
10826 Sapphire Breeze Cv Palmetto, FL	4.0	2.0	1850	$2,500	$1.35	4d	1	1.15mi
10646 Hidden Banks Gln Parrish, FL	3.0	2.0	1504	$2,350	$1.56	16d	1	1.23mi
11628 Moonsail Dr Parrish, FL	3.0	2.0	2144	$3,500	$1.63	22d	1	1.24mi
11612 Armada Way Parrish, FL	4.0	2.0	2112	$3,400	$1.61	20d	1	1.34mi

HOA detail

• Monthly dues: $58 · $696/yr
• Likely covers: water

Listing history 3 events

1. 2026-04-30
   status Pending
2. 2026-03-24
   price $329,999
3. 2026-03-19
   listed $351,614 Active

ⓘ 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: $33,848
• − Mortgage interest: −$19,618
• − Property taxes: −$5,253
• − Insurance: −$1,751
• − Repairs & maintenance: −$2,708
• − Management: −$2,708
• − HOA: −$696
• − Depreciation: −$10,188
• Taxable loss: −$9,074
• Est. tax savings @ 24.0%: +$2,178
• After-tax cash flow: $-821/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 · 12 photos

Good 80/100 None rehab

This new construction home is move-in ready with a good condition score and minimal repairs needed. Upgrades in paint, landscaping, and appliances can further enhance its value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and adds value to the property.
• Both New flooring in high-traffic areas — Updates flooring can increase both resale and rental value.
• Both Upgrading kitchen appliances — Modern appliances can attract more buyers and renters.
• Both Adding smart home features — Smart home features can increase both resale and rental value by enhancing convenience and energy efficiency.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value to the property. ↑
• Both New flooring in high-traffic areas — Updates flooring can increase both resale and rental value. ↑
• Both Upgrading kitchen appliances — Modern appliances can attract more buyers and renters. ↑
• Both Adding smart home features — Smart home features can increase both resale and rental value by enhancing convenience and energy efficiency. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Ruskin

• Score: 71/100
• State rank: #392
• US rank: #6879

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• City population: 33,319
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 56,208
• Household income: $77,712
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 1193.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 22% Black 14% Two or more races 11%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 10% · Canada, Dominican Republic, Jamaica
• Languages at home: 81% English-only · Spanish 16% 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: ▼ -383.53%
• Current HPI: 302.1458
• Rent YoY: ▼ -2.98%
• 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

-6.1% since first listed

3 events — show timeline

• 2026-04-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-24 Price Changed $329,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-19 Listed $351,614 Stellar MLS as Distributed by MLS Grid