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17906 Wheat Stack Ct 🏗️ New Construction
F Composite 32.86
Why this score? — see what drove the F 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 +9.3/30.0
  • ARV discount +7.5/15.0
  • Schools +4.4/10.0
  • 1% rule +3.3/10.0
  • DSCR +2.6/10.0
  • Livability +2.5/5.0
  • Rent growth +2.3/5.0
  • Condition / age +1.0/5.0
  • Appreciation +0.0/10.0

$337,000

17906 Wheat Stack Ct · Lakewood Ranch, FL 34219
5 bd · 2.0 ba · 1,739 sqft · SingleFamily · 110 Days on market
Built 2026 Poor condition 5,065 sqft lot $132/mo HOA · 4% of rent ↓ 11% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

Key facts

  • Quartz countertops
  • One story home
  • Walk in closet

Tags

ONE STORY HOMEOPEN CONCEPT LAYOUTSHAKER STYLE CABINETRYQUARTZ COUNTERTOPSSTAINLESS STEEL APPLIANCESWALK IN CLOSET

Property features AI

Finance

  • Other: Total acreage: 0.11 acres; Road surface: asphalt; Lot size approx. 0.11 acres; Living area reported by builder
  • Financial info: CDD: yes; Lease restrictions apply
  • HOA & community: Has HOA (Access Management) — monthly fee $132; Association approval required; HOA amenities: clubhouse, pool, fitness center, playground, tennis courts, pickleball courts, basketball court, recreation facilities, community mailbox; HOA fee includes pool and grounds maintenance; Pets allowed

Exterior

  • Parking: Attached 1-car garage with garage door opener; Driveway; Garage dimensions approximately 21 x 13
  • Security: Gated community; Smoke detector(s)
  • Utilities: Public water; Public sewer; Electricity available
  • Home design: Single family residence; New construction (projected completion 2026-06-19); One story; Faces southwest; Under construction
  • Construction: Concrete construction; Shingle roof; Slab foundation; Builder: D R Horton (model: Alford); Builder license CBC039052; Permit CO BLD2511-2256; Building area source: builder
  • Exterior features: Hurricane shutters; Pond view

Interior

  • Kitchen: Dishwasher; Range; Microwave; Refrigerator
  • Bedrooms: 5 bedrooms
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating; Central air conditioning
  • Interior features: Thermostat; Smoke detector(s); Gated community
  • Laundry & utility: Washer; Dryer; Dedicated laundry room; Irrigation equipment

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $337,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $370,407.

What this means for you Summary

Snapshot

  • This is a 5-bed/2.0-bath single-family listed at $337k. Condition is rated poor.

Deal economics

  • At list price, monthly cash flow is $-272 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $331k (1.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $306k (9.1% below list).
  • Recommended offer: $306k (9.1% below list) — sets the bar for 1% rule.
  • Cap rate 5.4% vs local median 3.3% in Lakewood Ranch — 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: area grade F — affects rentability + tenant quality, not the cash-flow math above.
  • 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: Gene Witt Elementary School (math 84% / reading 82%, grade A+, #65 of 2,144 statewide, top 3%, 689 students, 24% FRL); Buffalo Creek Middle School (math 59% / reading 51%, grade B-, #180 of 571 statewide, top 32%, 1,127 students, 44% FRL); Parrish Community High School (math 47% / reading 57%, grade D+, #160 of 667 statewide, top 25%, 2,017 students, 32% FRL) — zoned schools average 34% FRL vs 51% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents soft (-0.9%/yr); 2194 active listings in the ZIP; high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($114k/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 $3k 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 110 days — a 9% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $52k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $306,313 (9.1% 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 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.83%
Cap rate
5.41%
Cash-on-cash
-3.15%
DSCR
0.86
GRM
10.1

CMA / ARV

ARV (on-the-fly)
$370,407
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
17933 Wheat Stack Ct 0.00mi 5/2.0 1,708 (-2%) 1mo $365,000 $214 96
17909 Wheat Stack Ct 0.00mi 4/2.0 (-1) 1,498 (-14%) 1mo $329,000 $220 71
17921 Wheat Stack Ct 0.00mi 4/2.0 (-1) 1,498 (-14%) 1mo $339,000 $226 71
17435 Whiskey Creek Trl 0.49mi 4/2.0 (-1) 1,665 (-4%) 2mo $334,000 $201 63
17431 Whiskey Creek Trl 0.50mi 4/2.0 (-1) 1,665 (-4%) 3mo $362,610 $218 62
17416 Whiskey Creek Trl 0.51mi 4/2.0 (-1) 1,665 (-4%) 8mo $340,000 $204 58
17213 Wheatberry Blvd 0.61mi 4/2.0 (-1) 1,828 (+5%) 3mo $390,000 $213 56
17390 Whiskey Creek Trl 0.55mi 4/2.0 (-1) 1,665 (-4%) 8mo $346,990 $208 56
17393 Whiskey Creek Trl 0.56mi 4/2.0 (-1) 1,665 (-4%) 7mo $341,000 $205 56
17389 Whiskey Creek Trl 0.57mi 4/2.0 (-1) 1,665 (-4%) 7mo $341,000 $205 55
17259 Whiskey Creek Trl 0.52mi 4/2.0 (-1) 1,665 (-4%) 11mo $339,000 $204 54
17222 Whiskey Creek Trl 0.60mi 4/2.0 (-1) 1,828 (+5%) 12mo $396,375 $217 48

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
-25.1%
Equity multiple
0.17×
Total profit
$-86,190
Equity at exit
$55,229
10-year hold
IRR
-35.0%
Equity multiple
-0.27×
Total profit
$-131,529
Equity at exit
$32,026

Cash invested: $103,714 (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 34219

Home prices YoY
-23.7%
Rents YoY
-0.9%
Active inventory
2194
Price-to-rent
9.2×

Monthly cashflow live

Estimated rent
$3,063 medium interval (Pro) →
Mortgage (P&I)
$1,942
Tax est. 1.5%
$463 /mo · $5,556/yr
Insurance
$154
HOA
$132
Vacancy / Maint / Mgmt
$643
Net cashflow
$-272

Break-even live

Break-even rent $3,407
Max offer price $331,059
Occupancy floor

Sensitivity live

Price -10% $-16 -5% $-144 +0% $-272 +5% $-400 +10% $-528
Rent -10% $-514 -5% $-393 +0% $-272 +5% $-151 +10% $-30
Rate -1.0pp $-85 -0.5pp $-178 base $-272 +0.5pp $-368 +1.0pp $-466

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
$92,602
Closing costs
$11,112
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
$132 · $1,584/yr

Listing history 33 events

  1. 2026-06-22
    days on market $337,000 Active 110 DOM
  2. 2026-06-18
    days on market $337,000 Active 107 DOM
  3. 2026-06-17
    price $337,000 Active 106 DOM
  4. 2026-06-17
    days on market $339,000 Active 106 DOM
  5. 2026-06-16
    days on market $339,000 Active 105 DOM
  6. 2026-06-15
    days on market $339,000 Active 104 DOM
  7. 2026-06-13
    days on market $339,000 Active 102 DOM
  8. 2026-06-13
    pricedays on market $339,000 Active 101 DOM
  9. 2026-06-10
    days on market $342,000 Active 99 DOM
  10. 2026-06-09
    days on market $342,000 Active 98 DOM
  11. 2026-06-08
    days on market $342,000 Active 97 DOM
  12. 2026-06-08
    pricedays on market $342,000 Active 96 DOM
  13. 2026-06-03
    days on market $344,000 Active 92 DOM
  14. 2026-06-02
    days on market $344,000 Active 91 DOM
  15. 2026-06-01
    days on market $344,000 Active 90 DOM
  16. 2026-05-31
    days on market $344,000 Active 89 DOM
  17. 2026-05-21
    price $347,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  18. 2026-05-20
    price $347,000
  19. 2026-05-14
    price $349,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  20. 2026-05-13
    price $349,000
  21. 2026-05-06
    price $352,000
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  22. 2026-05-06
    price $352,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  23. 2026-05-05
    price $349,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  24. 2026-05-01
    price $354,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  25. 2026-04-30
    price $354,000
  26. 2026-04-23
    price $357,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  27. 2026-04-22
    price $357,000
  28. 2026-04-15
    price $359,000 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  29. 2026-04-15
    price $359,000
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  30. 2026-04-09
    price $364,990
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  31. 2026-04-09
    price $364,990 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  32. 2026-03-04
    listed $388,990 Active 932-char remark
    Show marketing remark (932 chars)

    The Alford is a one-story home that balances style, space, and comfort. Offering 5 bedrooms, 2 bathrooms, and 1,739 square feet, this floor plan provides plenty of room for families of all sizes. Its open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's ideal for gatherings or everyday living. The kitchen is a standout with shaker-style cabinetry, quartz countertops, and stainless-steel appliances, all overlooking the dining area for easy entertaining. With its thoughtful layout and modern finishes, the Alford makes it easy to create the home that fits your lifestyle. The primary suite is tucked at the back of the home for added privacy, featuring a walk-in closet and a private bathroom with dual vanities and a separate space for the shower and toilet. Four additional bedrooms at the front of the home offer flexibility for family, guests, or even a home office.

  33. 2026-03-03
    listed $388,990 Active

ⓘ 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 6/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$36,758
− Mortgage interest
−$20,749
− Property taxes
−$5,556
− Insurance
−$1,852
− Repairs & maintenance
−$2,941
− Management
−$2,941
− HOA
−$1,584
− Depreciation
−$10,775
Taxable loss
−$9,640
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,314
After-tax cash flow
$-950/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 · 1 photo

Poor 20/100 Extensive rehab

The property is under construction and requires extensive repairs and updates to bring it up to a livable condition. Significant investment is needed to improve the roof, exterior, flooring, and other systems.

Repairs flagged

  • Major roof — No visible roof in the satellite image.
  • Major exterior — No visible exterior in the satellite image.
  • Major flooring — No visible flooring in the satellite image.
  • Major interior walls/paint — No visible interior walls/paint in the satellite image.
  • Major bathrooms — No visible bathrooms in the satellite image.
  • Major kitchen — No visible kitchen in the satellite image.
  • Major systems — No visible systems in the satellite image.
  • Major windows — No visible windows in the satellite image.
  • Major foundation/structure — No visible foundation/structure in the satellite image.
  • Major HVAC/mechanicals — No visible HVAC/mechanicals in the satellite image.
  • Major landscaping/curb appeal — No visible landscaping/curb appeal in the satellite image.

Value-add opportunities

  • Both roof replacement — A new roof would significantly improve the home's appearance and value.
  • Both exterior painting/staining — A fresh coat of paint/staining would enhance curb appeal and value.
  • Both flooring replacement — New flooring would improve the home's condition and value.
  • Both interior painting — Fresh paint would improve the home's condition and value.
  • Both bathroom updates — Upgraded bathrooms would improve the home's condition and value.
  • Both kitchen updates — Upgraded kitchen would improve the home's condition and value.
  • Both HVAC system replacement — A new HVAC system would improve the home's comfort and value.
  • Both landscaping — A well-maintained landscape would improve curb appeal and value.

Renovation cost estimate screening

Repair itemSeverityEst. cost
roof · No visible roof in the satellite image. Major $15,000–50,000
exterior · No visible exterior in the satellite image. Major $15,000–50,000
flooring · No visible flooring in the satellite image. Major $15,000–50,000
interior walls/paint · No visible interior walls/paint in the satellite image. Major $15,000–50,000
bathrooms · No visible bathrooms in the satellite image. Major $15,000–50,000
kitchen · No visible kitchen in the satellite image. Major $15,000–50,000
systems · No visible systems in the satellite image. Major $15,000–50,000
windows · No visible windows in the satellite image. Major $15,000–50,000
foundation/structure · No visible foundation/structure in the satellite image. Major $15,000–50,000
HVAC/mechanicals · No visible HVAC/mechanicals in the satellite image. Major $15,000–50,000
landscaping/curb appeal · No visible landscaping/curb appeal in the satellite image. Major $15,000–50,000
Total estimated repair cost · 11 items $165,000–550,000

Value-add ROI direction

  • Both roof replacement — A new roof would significantly improve the home's appearance and value.
  • Both exterior painting/staining — A fresh coat of paint/staining would enhance curb appeal and value.
  • Both flooring replacement — New flooring would improve the home's condition and value.
  • Both interior painting — Fresh paint would improve the home's condition and value.
  • Both bathroom updates — Upgraded bathrooms would improve the home's condition and value.
  • Both kitchen updates — Upgraded kitchen would improve the home's condition and value.
  • Both HVAC system replacement — A new HVAC system would improve the home's comfort and value.
  • Both landscaping — A well-maintained landscape would improve curb appeal and value.

ⓘ 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 — Lakewood Ranch

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

County
Manatee County · 416,364 people
City population
227,091
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
33,296
Household income
$113,773
Rent vs Own
8.1% rent · 91.9% own
Severe rent burden
219.0

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 (75%)
Race & ethnicity
White 75% Hispanic / Latino 11% Two or more races 8% Black 8% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3%
Common ancestry
Romanian 4% Hispanic 2% Russian 2%
Foreign-born
10% · Canada, Dominican Republic, Jamaica
Languages at home
88% English-only · Spanish 7% French/Haitian/Cajun 2% Other Asian/Pacific 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
▼ -84.45%
Current HPI
271.7131
Rent YoY
▼ -0.95%
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

-10.8% since first listed
17 events — show timeline
  • 2026-05-21 Price Changed $347,000 Zillow
  • 2026-05-20 Price Changed $347,000 Stellar MLS as Distributed by MLS Grid
  • 2026-05-14 Price Changed $349,000 Zillow
  • 2026-05-13 Price Changed $349,000 Stellar MLS as Distributed by MLS Grid
  • 2026-05-06 Price Changed $352,000 Stellar MLS as Distributed by MLS Grid
  • 2026-05-06 Price Changed $352,000 Zillow
  • 2026-05-05 Price Changed $349,000 Zillow
  • 2026-05-01 Price Changed $354,000 Zillow
  • 2026-04-30 Price Changed $354,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-23 Price Changed $357,000 Zillow
  • 2026-04-22 Price Changed $357,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-15 Price Changed $359,000 Zillow
  • 2026-04-15 Price Changed $359,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-09 Price Changed $364,990 Stellar MLS as Distributed by MLS Grid
  • 2026-04-09 Price Changed $364,990 Zillow
  • 2026-03-04 Listed $388,990 Zillow
  • 2026-03-03 Listed $388,990 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…