47 Quail Ct · Bradenton, FL 34222

$164,000

2 bd · 1.0 ba · 1,050 sqft · Manufactured public records · 111 Days on market

Built 1985 5,489 sqft lot Est $170k · at est. $208/mo HOA · 10% 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 +24.5/30.0
• ARV discount +9.1/15.0
• DSCR +7.9/10.0
• 1% rule +7.3/10.0
• 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 MLS

A delightful home in a 5 Star GATED COMMUNITY WITH GATE ATTENDANTS ON DUTY 24/7! Roof replaced 4-5 years ago, newer widows throughout the home, hot water heater 6 years old. Utility shed is even air conditioned. There are new sinks and new high toilets. Vapor barrier replaced 8 months ago. This home is a delight in a cul-de-sac with very little traffic! Living in the Ridgewood community is a very special experience! It is a place where you get to know and love your neighbors early on! You will soon make precious friendships that will last a lifetime! The community is absolutely gorgeous and abounds with numerous ponds and tropical vegetation! There are activities, dinners and trips galore! To top it off it is convenient to just about everything! The primary question is: What are you waiting for! Don't spend another winter with cabin fever in the cold, snow and ice! Come and enjoy the gentle Florida climate and delightful Florida lifestyle that you have always dreamed about at RIDGEWOOD!

Key facts

• Gated community
• Land owned home
• Newer windows

Tags

• LAND OWNED HOME
• GATED COMMUNITY
• GATE ATTENDANTS ON DUTY
• NEW ROOF
• NEWER WINDOWS
• LARGE ENCLOSED LANAI

Property features AI

Finance

• Other: Partially furnished; Community features include deed restrictions and golf carts allowed; Directions: US 301 to Ridgewood Blvd, go through guard gate, take first right, follow to second street and turn left; home is on the right
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (Ridgewood HOA Office); Monthly HOA approximately $34.67; quarterly association fee applies; Association amenities include clubhouse, gated entry, pool, spa/hot tub, tennis and pickleball courts, shuffleboard, recreation facilities, security, and grounds maintenance; Buyer/association approval required; Senior community; Pets allowed with restrictions (cats and dogs OK, breed restrictions, number limit, max pet weight ~25 lbs)

Exterior

• Parking: Carport with 1 space
• Security: Gated community; 24-hour guard (community amenity)
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Underground utilities; Sewer connected; Water connected
• Home design: Manufactured double-wide home; Single-story; Faces west
• Construction: Metal siding; Shingle roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Awnings; Rain gutters; Concrete road access; Private maintained road

Interior

• Kitchen: Range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning; Humidity control
• Interior features: Ceiling fans
• Laundry & utility: Outdoor laundry area; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $164k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $164k).
• Recommended offer: $149k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.8% 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; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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 $1k of loan paydown is wiped out by about $5k 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 111 days — a 9% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y ago; this cycle's ask has dropped $16k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $72k; list at $164k implies a 128% gain — meaningful room to come down on a strong offer.

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 $149,240 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.23% ✓
• Cap rate: 8.75%
• Cash-on-cash: 8.79%
• DSCR: 1.39
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $170,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
121 Mockingbird Ln	0.17mi	2/2.0	1,012 (-4%)	3mo	$120,000	$119	80
64 Spoonbill Ln	0.07mi	2/2.0	1,000 (-5%)	9mo	$212,100	$212	78
112 Eagle Cir	0.21mi	2/2.0	1,027 (-2%)	6mo	$179,000	$174	78
45 Wood Owl Ave	0.02mi	2/2.0	1,000 (-5%)	13mo	$175,000	$175	76
24 Meadowlark Cir	0.26mi	2/2.0	1,008 (-4%)	10mo	$155,000	$154	69
20 Wood Owl Ave	0.09mi	2/2.0	1,176 (+12%)	4mo	$200,000	$170	69
141 Osprey Cir	0.24mi	2/2.0	1,100 (+5%)	12mo	$133,000	$121	67
36 Wood Owl Ave	0.10mi	2/2.0	900 (-14%)	3mo	$209,900	$233	65
22 Wood Owl Ave	0.11mi	2/2.0	1,176 (+12%)	8mo	$190,000	$162	64
3310 Eileen Dr	0.72mi	2/2.0	1,040 (-1%)	0mo	$146,000	$140	61
83 Spoonbill Ln	0.08mi	2/2.0	1,152 (+10%)	19mo	$165,000	$143	60
3104 Bessie Ln	0.66mi	2/1.5	950 (-10%)	10mo	$39,000	$41	43

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: -2.9%
• Equity multiple: 0.89×
• Total profit: $-5,051
• Equity at exit: $24,453

10-year hold

• IRR: 6.8%
• Equity multiple: 1.51×
• Total profit: $23,622
• Equity at exit: $14,180

Cash invested: $45,920 (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: 6.8×

Monthly cashflow live

• Estimated rent: $2,024 high
• Mortgage (P&I): −$860
• Tax from tax record: −$127 /mo · $1,519/yr
• Insurance: −$68
• HOA: −$208
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $336

Break-even live

Break-even rent $1,599

Max offer price $164,000

Occupancy floor 78%

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: $41,000
• Closing costs: $4,920
• Reserves months: —
• Total cash needed: —

Rent comps 12 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	3d	37	0.61mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	3d	1	0.63mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	1d	67	0.65mi
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,836	$1.84	3d	1	0.68mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	3d	1	0.84mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	21d	1	0.86mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	14d	1	0.92mi
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	23d	1	1.05mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	23d	1	1.20mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	23d	1	1.23mi
4180 Yardly Dr Palmetto, FL	1.0–3.0	1.0–2.0	1021	$2,498	$2.45	3d	15	1.33mi
5021 US Highway 301 N Ellenton, FL	3.0	2.5	861	$3,900	$4.53	3d	1	1.40mi

HOA detail

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

Listing history 23 events

1. 2026-06-18
   days on market $164,000 Active 111 DOM
2. 2026-06-17
   days on market $164,000 Active 110 DOM
3. 2026-06-16
   days on market $164,000 Active 109 DOM
4. 2026-06-15
   days on market $164,000 Active 108 DOM
5. 2026-06-13
   days on market $164,000 Active 106 DOM
6. 2026-06-13
   days on market $164,000 Active 105 DOM
7. 2026-06-10
   days on market $164,000 Active 103 DOM
8. 2026-06-09
   days on market $164,000 Active 102 DOM
9. 2026-06-08
   days on market $164,000 Active 101 DOM
10. 2026-06-08
    days on market $164,000 Active 100 DOM
11. 2026-06-03
    pricedays on market $164,000 Active 96 DOM
12. 2026-06-02
    days on market $179,900 Active 95 DOM
13. 2026-06-01
    days on market $179,900 Active 94 DOM
14. 2026-05-31
    days on market $179,900 Active 93 DOM
15. 2026-02-27
    listed $179,900 Active
16. 2015-07-17
    soldstatus $72,000
17. 2015-07-14
    historical 1001-char remark

    Show marketing remark (1001 chars)

    A delightful home in a 5 Star GATED COMMUNITY WITH GATE ATTENDANTS ON DUTY 24/7! Roof replaced 4-5 years ago, newer widows throughout the home, hot water heater 6 years old. Utility shed is even air conditioned. There are new sinks and new high toilets. Vapor barrier replaced 8 months ago. This home is a delight in a cul-de-sac with very little traffic! Living in the Ridgewood community is a very special experience! It is a place where you get to know and love your neighbors early on! You will soon make precious friendships that will last a lifetime! The community is absolutely gorgeous and abounds with numerous ponds and tropical vegetation! There are activities, dinners and trips galore! To top it off it is convenient to just about everything! The primary question is: What are you waiting for! Don't spend another winter with cabin fever in the cold, snow and ice! Come and enjoy the gentle Florida climate and delightful Florida lifestyle that you have always dreamed about at RIDGEWOOD!

18. 2015-07-14
    soldstatus $72,000 Sold 1001-char remark

    Show marketing remark (1001 chars)

    A delightful home in a 5 Star GATED COMMUNITY WITH GATE ATTENDANTS ON DUTY 24/7! Roof replaced 4-5 years ago, newer widows throughout the home, hot water heater 6 years old. Utility shed is even air conditioned. There are new sinks and new high toilets. Vapor barrier replaced 8 months ago. This home is a delight in a cul-de-sac with very little traffic! Living in the Ridgewood community is a very special experience! It is a place where you get to know and love your neighbors early on! You will soon make precious friendships that will last a lifetime! The community is absolutely gorgeous and abounds with numerous ponds and tropical vegetation! There are activities, dinners and trips galore! To top it off it is convenient to just about everything! The primary question is: What are you waiting for! Don't spend another winter with cabin fever in the cold, snow and ice! Come and enjoy the gentle Florida climate and delightful Florida lifestyle that you have always dreamed about at RIDGEWOOD!

19. 2015-06-09
    status Pending 1001-char remark

    Show marketing remark (1001 chars)

    A delightful home in a 5 Star GATED COMMUNITY WITH GATE ATTENDANTS ON DUTY 24/7! Roof replaced 4-5 years ago, newer widows throughout the home, hot water heater 6 years old. Utility shed is even air conditioned. There are new sinks and new high toilets. Vapor barrier replaced 8 months ago. This home is a delight in a cul-de-sac with very little traffic! Living in the Ridgewood community is a very special experience! It is a place where you get to know and love your neighbors early on! You will soon make precious friendships that will last a lifetime! The community is absolutely gorgeous and abounds with numerous ponds and tropical vegetation! There are activities, dinners and trips galore! To top it off it is convenient to just about everything! The primary question is: What are you waiting for! Don't spend another winter with cabin fever in the cold, snow and ice! Come and enjoy the gentle Florida climate and delightful Florida lifestyle that you have always dreamed about at RIDGEWOOD!

20. 2015-06-06
    listed $79,900 Active 1001-char remark

    Show marketing remark (1001 chars)

    A delightful home in a 5 Star GATED COMMUNITY WITH GATE ATTENDANTS ON DUTY 24/7! Roof replaced 4-5 years ago, newer widows throughout the home, hot water heater 6 years old. Utility shed is even air conditioned. There are new sinks and new high toilets. Vapor barrier replaced 8 months ago. This home is a delight in a cul-de-sac with very little traffic! Living in the Ridgewood community is a very special experience! It is a place where you get to know and love your neighbors early on! You will soon make precious friendships that will last a lifetime! The community is absolutely gorgeous and abounds with numerous ponds and tropical vegetation! There are activities, dinners and trips galore! To top it off it is convenient to just about everything! The primary question is: What are you waiting for! Don't spend another winter with cabin fever in the cold, snow and ice! Come and enjoy the gentle Florida climate and delightful Florida lifestyle that you have always dreamed about at RIDGEWOOD!

21. 2002-06-03
    soldstatus $63,500
22. 1997-11-13
    soldstatus $49,000
23. 1985-04-01
    soldstatus $58,100

ⓘ 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: $1,519 · $127/mo
• Projected year-2 tax: $1,519 · $127/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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: $24,291
• − Mortgage interest: −$9,187
• − Property taxes: −$1,519
• − Insurance: −$820
• − Repairs & maintenance: −$1,943
• − Management: −$1,943
• − HOA: −$2,496
• − Depreciation: −$4,771
• Taxable income: $1,612
• Est. tax owed @ 24.0%: −$387
• After-tax cash flow: $3,648/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

+209.6% since first listed

9 events — show timeline

• 2026-02-27 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2015-07-17 Sold (Public Records) $72,000 Public Records
• 2015-07-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-07-14 Sold (MLS) $72,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-06-06 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2002-06-03 Sold (Public Records) $63,500 Public Records
• 1997-11-13 Sold (Public Records) $49,000 Public Records
• 1985-04-01 Sold (Public Records) $58,100 Public Records

Property tax history

+12.3%/yr

Latest (2025): $1,519 · -0.1% YoY. Source: county tax records.