11864 Cloverly Ln · Punta Gorda, FL 33955

$309,499

4 bd · 2.5 ba · 1,874 sqft · SingleFamily · 31 Days on market

Built 2026 Good condition Est $382k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.2/30.0
• Schools +4.6/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• 1% rule +3.3/10.0
• DSCR +3.3/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Step inside this spacious 1,874-square-foot two-story home where the first floor is designed for effortless living and entertaining. The open-concept kitchen features durable quartz countertops with a 4-inch backsplash, shaker-style cabinetry with designer hardware, and stainless steel appliances including a slide-in electric range, over-the-range microwave, side-by-side refrigerator, and dishwasher. The kitchen flows seamlessly into the dining and family rooms, highlighted by sliding glass doors that open to the backyard. Upstairs, a roomy loft creates a perfect separation between the three secondary bedrooms and the tranquil owner's suite, complete with a quartz-topped vanity and full-wid

Key facts

• Open-concept design
• Serene owner's suite
• Covered lanai

Tags

• OPEN-CONCEPT DESIGN
• COVERED LANAI
• SPACIOUS LOFT
• SERENE OWNER'S SUITE

Property features AI

Finance

• Other: Model name: Columbus; Inventory type: Spec; Listing status: Active
• Financial info: List price $309,499

Exterior

• Parking: 2 total parking spaces; 2-car garage
• Home design: Single-family property; Address: 11864 Cloverly Ln, Punta Gorda, FL 33955
• Exterior features: Living area approximately 1,874

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom (2.5 total)
• Interior features: Spec home, Columbus floorplan

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $309k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-118 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $292k (5.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (17.4% below list).
• Recommended offer: $256k (17.4% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 2.8% in Punta Gorda — 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 76/100 on livability (#225 in FL, #3,567 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, health & safety A+; Watch: cost of living D+, amenities D-, commute F.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 1481 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• This rent runs 40% of the median local income ($77k/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 $9k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($300k) is reasonable based on typical stale-listing flexibility.

Recommended offer $255,776 (17.4% 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 31 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
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: 0.83% ✗
• Cap rate: 5.83%
• Cash-on-cash: -1.64%
• DSCR: 0.93
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $382,296
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11828 Cloverly Ln	0.07mi	4/2.5	1,874 (0%)	2mo	$289,000	$154	95
11513 Willowleaf Blvd	0.42mi	4/2.5	1,871 (-0%)	12mo	$285,000	$152	70
28298 Chelsea Garden Way	0.49mi	3/3.0 (-1)	1,849 (-1%)	4mo	$415,000	$224	65
11423 Pointed Leaf Pl	0.45mi	4/3.0	2,032 (+8%)	8mo	$425,000	$209	57
28595 Crossfield Ln	0.44mi	4/3.0	2,032 (+8%)	14mo	$330,000	$162	52
11357 Willowleaf Blvd	0.58mi	4/3.0	2,032 (+8%)	11mo	$415,000	$204	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.0%
• Equity multiple: 0.33×
• Total profit: $-57,645
• Equity at exit: $46,147

10-year hold

• IRR: -11.5%
• Equity multiple: 0.31×
• Total profit: $-59,737
• Equity at exit: $26,760

Cash invested: $86,660 (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 33955

• Home prices YoY: -24.5%
• Active inventory: 1481
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,558 high
• Mortgage (P&I): −$1,623
• Tax est. 1.5%: −$387 /mo · $4,642/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$537
• Net cashflow: $-118

Break-even live

Break-even rent $2,707

Max offer price $292,388

Occupancy floor 100%

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: $77,375
• Closing costs: $9,285
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11827 Cloverly Ln Punta Gorda, FL	5.0	2.5	2088	$2,095	$1.00	21d	1	0.06mi
11812 Cloverly Ln Punta Gorda, FL	4.0	2.5	1875	$2,150	$1.15	21d	1	0.11mi
11795 Cloverly Ln Punta Gorda, FL	4.0	2.5	2028	$2,075	$1.02	21d	1	0.13mi
12378 Paramount Dr Punta Gorda, FL	4.0	3.0	1836	$2,295	$1.25	21d	1	0.45mi
7361 S Plum Tree Punta Gorda, FL	3.0	2.0	1373	$1,900	$1.38	21d	1	1.31mi

Listing history 15 events

1. 2026-06-18
   days on market $309,499 Active 31 DOM
2. 2026-06-18
   remarks 699-char remark
3. 2026-06-17
   days on market $309,499 Active 30 DOM
4. 2026-06-16
   days on market $309,499 Active 29 DOM
5. 2026-06-15
   days on market $309,499 Active 28 DOM
6. 2026-06-14
   days on market $309,499 Active 26 DOM
7. 2026-06-13
   days on market $309,499 Active 25 DOM
8. 2026-06-10
   days on market $309,499 Active 23 DOM
9. 2026-06-09
   days on market $309,499 Active 22 DOM
10. 2026-06-08
    pricedays on market $309,499 Active 21 DOM
11. 2026-06-05
    pricedays on market $319,499 Active 17 DOM
12. 2026-06-02
    days on market $309,499 Active 15 DOM
13. 2026-06-01
    days on market $309,499 Active 14 DOM
14. 2026-05-31
    days on market $309,499 Active 13 DOM
15. 2026-05-30
    days on market $309,499 Active 12 DOM

ⓘ 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: $30,693
• − Mortgage interest: −$17,337
• − Property taxes: −$4,642
• − Insurance: −$1,547
• − Repairs & maintenance: −$2,455
• − Management: −$2,455
• − Depreciation: −$9,004
• Taxable loss: −$6,748
• Est. tax savings @ 24.0%: +$1,620
• After-tax cash flow: $201/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

Good 80/100 Cosmetic rehab

This well-maintained two-story home is move-in ready with a good condition score and minimal repairs needed. Upgrades to exterior paint, landscaping, and interior finishes would significantly enhance its value.

Value-add opportunities

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both New flooring in bathrooms and kitchen — Improves functionality and aesthetics
• Both New window treatments — Enhances curb appeal and interior aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in bathrooms and kitchen — Improves functionality and aesthetics ↑
• Both New window treatments — Enhances curb appeal and interior aesthetics ↑

ⓘ 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: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 of 73 in FL

Livability — Punta Gorda

• Score: 76/100
• State rank: #225
• US rank: #3567

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Charlotte County · 196,994 people
• City population: 68,831
• Metro: Punta Gorda, FL
• Population (ZIP): 12,399
• Household income: $76,943
• Rent vs Own: 9.5% rent · 90.5% own
• Severe rent burden: 226.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 10% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Cuban 4%
• Common ancestry: Romanian 5% Italian 3% Serbian 3%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.71%
• Current HPI: 242.9043
• Rent YoY: —
• Metro: Punta Gorda, 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