48 Quail Ct · Bradenton, FL 34222

$89,900

2 bd · 1.0 ba · 1,425 sqft · Manufactured public records · 64 Days on market

Built 1984 6,578 sqft lot $208/mo HOA · 10% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

HANDY MAN SPECIAL! Land Owned---Priced to SELL Work is needed to bring this beauty back to life. Very spacious home that is on an oversized cul-de-sac lot with so much potential. A new Roof was put on in 2021 so nothing to worry about there. Large Family room with a fireplace. Kitchen, living room and dining room in the center of the home. Each bedroom has their own bathroom for family or friends. The back of the home has not only a screened lanai but also a deck for enjoying our beautiful Florida weather. The 55+ Ridgewood community offers a clubhouse, pool, spa, tennis and pickle ball courts with an outdoor fitness center. Low HOA/Condo fees, small pet and golf cart fiendly. Close locati

Key facts

• Cul-de-sac lot
• Clubhouse
• Screened lanai

Tags

• CUL-DE-SAC LOT
• NEW ROOF
• SCREENED LANAI
• OUTDOOR FITNESS CENTER
• CLUBHOUSE
• POOL

Property features AI

Finance

• Other: Property is in a community with private road maintenance
• Financial info: Quarterly association fee listed; Condo/quarterly fees noted
• HOA & community: Has HOA with required approval; Monthly HOA approximately $173.33 (quarterly and additional association fees noted); Association amenities include pool, spa/hot tub, tennis courts, pickleball and shuffleboard courts, security, and recreational facilities; Community features include clubhouse, pool, tennis courts, golf carts allowed; senior community with pet policies and buyer approval required

Exterior

• Parking: Carport with 1 space
• Security: Guarded 24-hour community access
• Utilities: Public sewer; Water connected; Electricity connected; Cable available; Underground utilities
• Home design: Manufactured double-wide home; Single-story (one level); South-facing entry
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Rain gutters; Concrete road access; Private maintained road

Interior

• Kitchen: Cooktop
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Decorative fireplace
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $850 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
• Cap rate 17.6% 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: 182 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 5d 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 $622 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% 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: 2.29% ✓
• Cap rate: 17.64%
• Cash-on-cash: 40.54%
• DSCR: 2.80
• GRM: 3.6

CMA / ARV

• ARV (on-the-fly): $230,850
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
77 Spoonbill Ln	0.06mi	2/2.0	1,352 (-5%)	2mo	$140,000	$104	83
99 Meadow Cir	0.18mi	2/2.0	1,404 (-2%)	4mo	$120,000	$85	82
137 Osprey Cir	0.22mi	2/2.0	1,352 (-5%)	3mo	$190,000	$141	75
51 Partridge Ave	0.21mi	2/2.0	1,318 (-8%)	1mo	$233,000	$177	73
3449 71st Ave E	0.58mi	2/2.0	1,404 (-2%)	1mo	$268,000	$191	66
158 Nightingale Cir	0.30mi	2/2.0	1,287 (-10%)	2mo	$185,000	$144	65
100 Whipporwill Ct	0.19mi	2/2.0	1,606 (+13%)	2mo	$150,000	$93	65
3607 70th Ave E	0.63mi	2/2.0	1,434 (+1%)	2mo	$275,000	$192	63
3445 71st Ave E	0.57mi	2/2.0	1,485 (+4%)	4mo	$240,000	$162	59
3432 71st Ave E	0.55mi	2/2.0	1,296 (-9%)	4mo	$230,000	$177	52
3522 70th Ave E	0.57mi	2/2.0	1,266 (-11%)	4mo	$245,000	$194	48
3108 Terra Siesta Blvd	0.63mi	2/2.0	1,248 (-12%)	0mo	$125,000	$100	46

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: 37.1%
• Equity multiple: 2.58×
• Total profit: $39,720
• Equity at exit: $13,404

10-year hold

• IRR: 43.7%
• Equity multiple: 5.16×
• Total profit: $104,837
• Equity at exit: $7,773

Cash invested: $25,172 (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: 182
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $2,055 high
• Mortgage (P&I): −$471
• Tax from tax record: −$56 /mo · $670/yr
• Insurance: −$37
• HOA: −$208
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $850

Break-even live

Break-even rent $978

Max offer price $89,900

Occupancy floor 54%

Sensitivity live

Price	-10% $901	-5% $876	+0% $850	+5% $825	+10% $800
Rent	-10% $688	-5% $769	+0% $850	+5% $932	+10% $1,013
Rate	-1.0pp $896	-0.5pp $873	base $850	+0.5pp $827	+1.0pp $803

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 13 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	4d	37	0.55mi
3119 61st Dr E Ellenton, FL	3.0	2.0	1662	$2,550	$1.53	4d	1	0.56mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	3d	67	0.59mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	4d	1	0.69mi
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,836	$1.84	4d	1	0.75mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	4d	1	0.83mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	22d	1	0.90mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	16d	1	0.94mi
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	25d	1	1.10mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	25d	1	1.25mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	25d	1	1.27mi
4180 Yardly Dr Palmetto, FL	1.0–3.0	1.0–2.0	1021	$2,498	$2.45	4d	15	1.28mi
1143 Riverscape St Unit A Bradenton, FL	3.0	2.0	1748	$6,500	$3.72	16d	1	1.33mi

HOA detail

• Monthly dues: $208 · $2,496/yr
• Likely covers: poolgym

Listing history 27 events

1. 2026-06-18
   days on market $89,900 Active 64 DOM
2. 2026-06-17
   days on market $89,900 Active 63 DOM
3. 2026-06-16
   days on market $89,900 Active 62 DOM
4. 2026-06-15
   days on market $89,900 Active 61 DOM
5. 2026-06-13
   days on market $89,900 Active 59 DOM
6. 2026-06-13
   days on market $89,900 Active 58 DOM
7. 2026-06-10
   days on market $89,900 Active 56 DOM
8. 2026-06-09
   days on market $89,900 Active 55 DOM
9. 2026-06-08
   days on market $89,900 Active 54 DOM
10. 2026-06-08
    days on market $89,900 Active 53 DOM
11. 2026-06-03
    days on market $89,900 Active 49 DOM
12. 2026-06-02
    days on market $89,900 Active 48 DOM
13. 2026-06-01
    days on market $89,900 Active 47 DOM
14. 2026-05-31
    days on market $89,900 Active 46 DOM
15. 2026-05-22
    price $89,900
16. 2026-05-22
    status Active
17. 2026-05-18
    status Pending
18. 2026-04-11
    listed $99,500 Active
19. 2026-04-10
    historical
20. 2026-03-17
    price $99,900
21. 2026-01-08
    price $109,900
22. 2025-09-06
    price $114,900
23. 2025-05-22
    price $124,900
24. 2025-04-11
    listed $139,900 Active
25. 1997-05-19
    soldstatus $60,000
26. 1996-11-12
    soldstatus $58,000
27. 1984-10-01
    soldstatus $70,700

ⓘ 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: $670 · $56/mo
• Projected year-2 tax: $746 · $62/mo
• Expected delta: +$76/yr (+$6/mo · 11.3%)

ⓘ 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 · 31 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: $24,656
• − Mortgage interest: −$5,036
• − Property taxes: −$670
• − Insurance: −$450
• − Repairs & maintenance: −$1,972
• − Management: −$1,972
• − HOA: −$2,496
• − Depreciation: −$2,615
• Taxable income: $9,444
• Est. tax owed @ 24.0%: −$2,267
• After-tax cash flow: $7,938/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

+27.2% since first listed

13 events — show timeline

• 2026-05-22 Price Changed $89,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-22 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-11 Listed $99,500 Stellar MLS as Distributed by MLS Grid
• 2026-04-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Price Changed $99,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-08 Price Changed $109,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-06 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-22 Price Changed $124,900 Stellar MLS as Distributed by MLS Grid
• 2025-04-11 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 1997-05-19 Sold (Public Records) $60,000 Public Records
• 1996-11-12 Sold (Public Records) $58,000 Public Records
• 1984-10-01 Sold (Public Records) $70,700 Public Records

Property tax history

+1.2%/yr

Latest (2025): $670 · +6.3% YoY. Source: county tax records.