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6190 Daffodil Rd
B Composite 71.39
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 +5.4/10.0
  • Livability +3.4/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$98,000

6190 Daffodil Rd · South Venice, FL 34293
2 bd · 2.0 ba · 575 sqft · Manufactured public records · 52 Days on market
Built 1968 4,016 sqft lot $254/mo HOA · 13% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

This beautiful home has been fully updated and is truly move-in ready! The open floor plan is bright and welcoming, perfect for relaxing or entertaining. The kitchen features updated cabinetry and ample counter space, making it both stylish and functional. Wood-look tile flooring runs throughout the home, adding a warm and modern touch. The bathroom has been completely renovated, featuring a large step in shower and updated vanity. The spacious primary bedroom offers plenty of closet space. An oversized storage shed houses the washer and dryer and provides additional room for tools, bikes, or seasonal items. Located in the dog-friendly section of the park, this home is also conveniently clo

Key facts

  • Open floor plan
  • Ample counter space
  • Updated cabinetry

Tags

OPEN FLOOR PLANUPDATED CABINETRYAMPLE COUNTER SPACEWOOD LOOK TILE FLOORINGLARGE STEP IN SHOWERUPDATED VANITY

Property features AI

Finance

  • Other: Furnished; Private maintained road access; Lot features: Paved, sidewalk, unincorporated area; Road surface: Asphalt/paved
  • Financial info: Total monthly fees: $254; Total annual fees: $3,048
  • HOA & community: Monthly HOA fee of $254; Association approval required; Association amenities: Cable TV, Clubhouse, Pickleball court(s), Pool, Shuffleboard court, Spa/Hot Tub, Storage; Association fee includes cable TV, pool, escrow reserves, insurance, management, private road, recreational facilities, sewer and water; Senior community; Community features: Buyer approval required, Clubhouse, Community mailbox, Golf carts allowed, Pool, Sidewalks, Special community restrictions, Street lights; Pets allowed (cats and dogs), maximum pet weight 40 lbs; Association contact: Kelly Rockafellow

Exterior

  • Parking: Covered parking; Driveway; 1-car carport
  • Utilities: Public water; Private sewer; Electricity connected; Cable connected; Underground utilities; Water connected; Sewer connected
  • Home design: Residential mobile home (single wide); One story; Faces east
  • Construction: Metal siding; Metal roof; Crawlspace foundation; Built on a lot under 1/4 acre
  • Exterior features: Awning(s); Exterior lighting; Rain gutters; Sidewalk; Shed(s)

Interior

  • Kitchen: Cooktop; Range; Microwave; Refrigerator
  • Bedrooms: 1 bedroom
  • Flooring: Tile flooring; Vinyl flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Ceiling fans; Open floor plan; Programmable thermostat; Window treatments
  • Laundry & utility: Washer; Dryer; Laundry area (other)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $98k.

Deal economics

  • At list price, monthly cash flow is $261 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $98k).
  • Recommended offer: $95k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 67/100 on livability (#549 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: schools F, amenities F, commute F.
  • Sarasota (urban): math 63% / reading 63% proficiency, ranked #7 of 73 in FL (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents flat; 1247 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $678 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 52 days — a 3% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $95,060 (3.0% below list)

Questions for the listing agent

  1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
2.01%
Cap rate
14.71%
Cash-on-cash
30.06%
DSCR
2.34
GRM
4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.7% rent growth · sell at horizon

5-year hold
IRR
-3.3%
Equity multiple
0.88×
Total profit
$-3,316
Equity at exit
$14,612
10-year hold
IRR
1.7%
Equity multiple
1.10×
Total profit
$2,696
Equity at exit
$8,473

Cash invested: $27,440 (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.

ZIP-level market 34293

Rents YoY
0.7%
Active inventory
1247
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,971 medium interval (Pro) →
Mortgage (P&I)
$514
Tax from tax record
$61 /mo · $734/yr
Insurance
$41
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$254
Vacancy / Maint / Mgmt
$414
Net cashflow
$261

Break-even live

Break-even rent $1,641
Max offer price $98,000
Occupancy floor 82%

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
$24,500
Closing costs
$2,940
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$254 · $3,048/yr

Listing history 22 events

  1. 2026-06-18
    days on market $98,000 Active 52 DOM
  2. 2026-06-17
    days on market $98,000 Active 51 DOM
  3. 2026-06-16
    days on market $98,000 Active 50 DOM
  4. 2026-06-15
    days on market $98,000 Active 49 DOM
  5. 2026-06-13
    days on market $98,000 Active 47 DOM
  6. 2026-06-13
    days on market $98,000 Active 46 DOM
  7. 2026-06-10
    days on market $98,000 Active 44 DOM
  8. 2026-06-09
    days on market $98,000 Active 43 DOM
  9. 2026-06-08
    days on market $98,000 Active 42 DOM
  10. 2026-06-08
    days on market $98,000 Active 41 DOM
  11. 2026-06-05
    days on market $98,000 Active 38 DOM
  12. 2026-06-03
    days on market $98,000 Active 37 DOM
  13. 2026-06-02
    days on market $98,000 Active 36 DOM
  14. 2026-06-01
    days on market $98,000 Active 35 DOM
  15. 2026-05-31
    days on market $98,000 Active 34 DOM
  16. 2026-04-27
    listed $98,000 Active 1075-char remark
  17. 2026-03-12
    historical
  18. 2025-10-08
    listed $132,000 Active
  19. 2023-10-26
    soldstatus $134,000
  20. 2014-09-12
    soldstatus $47,000
  21. 2005-04-15
    soldstatus $74,000
  22. 1982-12-01
    soldstatus $11,000

ⓘ 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
$734 · $61/mo
Projected year-2 tax
$813 · $68/mo
Expected delta
+$79/yr (+$7/mo · 10.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone AE · 76% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,656
− Mortgage interest
−$5,490
− Property taxes
−$734
− Insurance
−$5,608
− Repairs & maintenance
−$1,892
− Management
−$1,892
− HOA
−$3,048
− Depreciation
−$2,851
Taxable income
$2,140
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$514
After-tax cash flow
$2,617/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
Sarasota
NCES district ID
1201680
Math proficiency
63% ▼ -8.00%
Reading proficiency
63% ▼ -3.00%
Median HH income
$51,167
Composite
53.68/100
National rank
#1428
State rank
#7 of 73 in FL

Livability — South Venice

Score
67/100
State rank
#549
US rank
#10377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
South Venice, FL
County
Sarasota County · 448,376 people
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
50,278
Household income
$90,038
Rent vs Own
11.3% rent · 88.7% own
Severe rent burden
548.0

Population outlook (Sarasota County) Hauer SSP2

Today (2025)
452,380 people
By 2030
474,175 · +4.8%
By 2040
511,577 · +13.1%
By 2050
541,467 · +19.7%
By 2075
604,947 · +33.7%
By 2100
621,965 · +37.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (90%)
Race & ethnicity
White 90% Hispanic / Latino 5% Two or more races 4% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2%
Common ancestry
Romanian 7% Lithuanian 4% Slovak 3%
Foreign-born
9% · Canada, China, Dominican Republic
Languages at home
90% English-only · Spanish 3% Russian/Polish/Slavic 2% French/Haitian/Cajun 1%

Political lean MEDSL · Sarasota

2024 margin
R (+18.2) · D 40.5% · R 58.7%
2008→2024 swing
-18.1pp toward R · 2008: -0.1pp · 2024: -18.2pp
All cycles
2024: R+18.2 2020: R+10.4 2016: R+11.6 2012: R+7.4 2008: R+0.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -355.64%
Current HPI
270.5242
Rent YoY
▲ 0.70%
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

Price history

+790.9% since first listed
7 events — show timeline
  • 2026-04-27 Listed $98,000 Stellar MLS as Distributed by MLS Grid
  • 2026-03-12 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-10-08 Listed $132,000 Stellar MLS as Distributed by MLS Grid
  • 2023-10-26 Sold (Public Records) $134,000 Public Records
  • 2014-09-12 Sold (Public Records) $47,000 Public Records
  • 2005-04-15 Sold (Public Records) $74,000 Public Records
  • 1982-12-01 Sold (Public Records) $11,000 Public Records

Property tax history

+0.9%/yr

Latest (2025): $734 · -52.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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