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172 Van Gogh Cv
D- Composite 35.37
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 +12.1/15.0
  • Schools +6.2/10.0
  • Condition / age +4.2/5.0
  • Appreciation +4.1/10.0
  • Livability +4.0/5.0
  • Cash flow +3.0/30.0
  • Rent growth +1.6/5.0
  • 1% rule +0.1/10.0
  • DSCR +0.0/10.0

$459,990

172 Van Gogh Cv · Bradenton, FL 34212
2 bd · 2.0 ba · 1,424 sqft · SingleFamily public records · 112 Days on market
Built 2023 Good condition 4,565 sqft lot 2-car garage $323/sqft · 10% below area Est $513k · 10% under $235/mo HOA · 10% of rent ↓ 15% since listing

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

Listing remarks MLS

The Sanibel Villa Home is designed for comfortable, low-maintenance living without sacrificing space or functionality. This thoughtfully planned two-bedroom, two-bath layout opens with a welcoming foyer that leads directly into an open-concept gourmet kitchen and great room, creating a natural flow for both everyday living and entertaining. The kitchen is centrally positioned, making it easy to stay connected whether you're preparing meals or hosting guests. The owner's suite is set apart for privacy and features dual walk-in closets along with a spacious bath designed for daily ease. A secondary bedroom and full bath offer flexibility for guests, a home office, or additional living space. Practical elements like a dedicated laundry room and two-car garage add convenience where it matters most. The extended lanai enhances your living area outdoors, making it easy to enjoy Florida's climate year-round.

Key facts

  • Dual walk-in closets
  • Private bath
  • Covered lanai

Tags

OPEN-CONCEPT LAYOUTSPACIOUS OWNER'S SUITEDUAL WALK-IN CLOSETSPRIVATE BATHCOVERED LANAIIMPACT-RESISTANT WINDOWS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $460k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-1k ($-18k/yr) — negative.
  • To cash-flow at today's rent, offer at most $195k (57.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (49.3% below list).
  • Recommended offer: $195k (57.6% below list) — sets the bar for cash-flow.
  • Cap rate 2.4% vs local median 3.5% in Bradenton — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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.
  • Zoned schools: Freedom Elementary School (math 75% / reading 67%, grade A-, #320 of 2,144 statewide, top 15%, 574 students, 42% FRL); Carlos E. Haile Middle School (math 70% / reading 63%, grade A-, #84 of 571 statewide, top 16%, 737 students, 45% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL).
  • Market conditions: Rents falling (-3.4%/yr); 591 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 79d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-1.8%/yr); year-one equity from $3k of loan paydown is wiped out by about $8k 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 112 days — a 9% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago 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

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $195,144 (57.6% 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 112 days. Have you received any prior offers? Is the seller open to a 58% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
0.51%
Cap rate
2.38%
Cash-on-cash
-13.97%
DSCR
0.38
GRM
16.4

CMA / ARV

ARV (median comp)
$512,716
List price
$459,990
Delta
-10.28%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
260 Van Gogh Cv 0.14mi 2/2.0 1,480 (+4%) 3mo $470,000 $318 85
164 Van Gogh Cv 0.01mi 2/2.0 1,579 (+11%) 5mo $490,000 $310 77
251 Okeeffe Cir 0.14mi 2/2.0 1,579 (+11%) 6mo $393,000 $249 70
10720 Klee Ave 0.23mi 2/2.0 1,575 (+11%) 5mo $405,000 $257 67
306 111th St E 0.47mi 3/2.0 (+1) 1,376 (-3%) 1mo $425,000 $309 66
235 Okeeffe Cir 0.14mi 2/2.0 1,625 (+14%) 6mo $440,000 $271 65
11217 2nd Ave E 0.53mi 3/2.0 (+1) 1,376 (-3%) 3mo $395,000 $287 62
201 113th St E 0.59mi 3/2.0 (+1) 1,376 (-3%) 1mo $389,500 $283 61
819 Springwood Cir 0.70mi 3/2.0 (+1) 1,460 (+2%) 0mo $350,000 $240 58
920 Springwood Cir 0.73mi 3/2.0 (+1) 1,477 (+4%) 5mo $345,000 $234 51
823 Springwood Cir 0.71mi 3/2.0 (+1) 1,566 (+10%) 2mo $333,325 $213 43
834 Springwood Cir 0.74mi 3/2.0 (+1) 1,598 (+12%) 1mo $379,999 $238 39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.82% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-32.4%
Equity multiple
-0.19×
Total profit
$-153,582
Equity at exit
$93,206
10-year hold
IRR
-34.0%
Equity multiple
-1.03×
Total profit
$-261,726
Equity at exit
$83,374

Cash invested: $128,797 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
25 active · 19 under contract
Months of supply
6.5 mo (15%/mo absorbed)
Median asking
$461,100 ($294/sqft)
Median days on market
85 d
This list price
40% of active listings are priced below it
ARV vs active asking
+22.3% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34212

Home prices YoY
-0.7%
Rents YoY
-3.4%
Active inventory
591
Price-to-rent
16.4×

Monthly cashflow live

Estimated rent
$2,333 high interval (Pro) →
Mortgage (P&I)
$2,412
Tax from tax record
$503 /mo · $6,037/yr
Insurance
$192
HOA
$235
Vacancy / Maint / Mgmt
$490
Net cashflow
$-1,499

Break-even live

Break-even rent $4,230
Max offer price $195,144
Occupancy floor

Sensitivity live

Price -10% $-1,239 -5% $-1,369 +0% $-1,499 +5% $-1,629 +10% $-1,760
Rent -10% $-1,684 -5% $-1,591 +0% $-1,499 +5% $-1,407 +10% $-1,315
Rate -1.0pp $-1,268 -0.5pp $-1,382 base $-1,499 +0.5pp $-1,618 +1.0pp $-1,740

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
$114,998
Closing costs
$13,800
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
215 107th Street Cir E Bradenton, FL 1.0–3.0 1.0–2.0 1115 $1,789 $1.60 0d 34 0.18mi
120 Watercolor WAY Bradenton, FL 1.0–3.0 1.0–2.0 1121 $2,445 $2.18 6d 37 0.39mi
10917 Copperlefe Dr Bradenton, FL 3.0 2.0 1649 $2,400 $1.46 119d 1 0.57mi
312 116th St E Bradenton, FL 3.0 2.0 1812 $2,385 $1.32 7d 1 0.74mi
1252 Millbrook Cir Bradenton, FL 2.0 2.0 1794 $2,215 $1.23 99d 1 0.80mi
1253 Millbrook Cir Bradenton, FL 3.0 2.0 1322 $2,205 $1.67 78d 1 0.81mi
1253 Millbrook Cir Bradenton, FL 3.0 2.0 1322 $2,075 $1.57 65d 1 0.81mi
1130 Upper Manatee River Rd Bradenton, FL 1.0–2.0 1.0–2.0 969 $2,048 $2.11 0d 16 0.89mi
9712 Sea Turtle Ter #102 Bradenton, FL 2.0 2.0 1254 $2,500 $1.99 119d 1 0.98mi
9720 Sea Turtle Ter #201 Bradenton, FL 3.0 2.0 1388 $3,495 $2.52 119d 1 0.99mi
819 Fairwaycove Ln #204 Bradenton, FL 2.0 2.0 1104 $1,750 $1.59 77d 1 0.99mi
819 Fairwaycove Ln Bradenton, FL 2.0 2.0 1165 $1,950 $1.67 111d 2 0.99mi
9454 Discovery Ter Unit 101A Bradenton, FL 3.0 2.0 1666 $5,000 $3.00 119d 1 1.00mi
905 Fairwaycove Ln #205 Bradenton, FL 2.0 2.0 1104 $4,000 $3.62 110d 1 1.01mi
9027 Stone Harbour Loop Bradenton, FL 2.0 2.0 1328 $2,200 $1.66 9d 1 1.14mi
9411 Discovery Ter Unit 102B Bradenton, FL 3.0 2.0 1254 $2,900 $2.31 119d 1 1.18mi
342 Fairway Isles Ln Bradenton, FL 2.0 2.0 1665 $2,200 $1.32 9d 1 1.20mi
1758 Woodleaf Hammock Ct Bradenton, FL 3.0 2.5 1596 $2,450 $1.54 117d 1 1.42mi
1738 Woodleaf Hammock Ct Unit 1 Bradenton, FL 3.0 3.0 1758 $2,300 $1.31 119d 1 1.42mi
1852 Pleasant Maple Ct Bradenton, FL 3.0 2.5 1745 $2,500 $1.43 119d 1 1.43mi
1722 Woodleaf Hammock Ct Bradenton, FL 3.0 2.5 1758 $2,150 $1.22 111d 1 1.43mi
8406 Grand Estuary Trl #104 Bradenton, FL 3.0 2.0 1786 $6,995 $3.92 9d 1 1.48mi
11415 Planetree Pl Bradenton, FL 3.0 3.0 1673 $2,500 $1.49 5d 1 1.50mi
11415 Planetree Pl Bradenton, FL 3.0 3.0 1673 $2,500 $1.49 9d 1 1.50mi
11419 Planetree Pl Bradenton, FL 3.0 3.0 1745 $2,500 $1.43 9d 1 1.50mi

Property features AI

Finance

Other
Lease restrictions apply
Financial info
Total monthly fees reported as $235; total annual fees reported as $2,820
HOA & community
HOA: Signature One (monthly dues required, association approval required)Monthly HOA: $235 (Quarterly fee listed as $705)HOA includes cable TV, pool, internet, and grounds maintenanceCommunity amenities: clubhouse, pool, irrigation with reclaimed water, deed restrictionsPets allowed

Exterior

Parking
Attached 2-car garage
Utilities
Public waterPublic sewerCable availableElectricity availableNatural gas available
Home design
Residential villaOne storyEntry level: OneFaces eastCompleted conditionNew construction
Construction
Block and stucco constructionTile roofSlab foundationBuilt by Medallion Home (Sanibel model)
Exterior features
Sliding doorsPond frontage (20 ft)Water view of pondOn waterfront

Interior

Kitchen
Built-in ovenDishwasherDisposalMicrowaveRefrigerator
Bedrooms
2 bedrooms
Flooring
Ceramic tileTile flooring
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
Tray ceilingsWalk-in closets
Laundry & utility
Inside laundry room

Listing history 50 events

  1. 2026-09-24
    days on market $459,990 Active 112 DOM
  2. 2026-09-22
    days on market $459,990 Active 110 DOM
  3. 2026-09-21
    days on market $459,990 Active 109 DOM
  4. 2026-09-20
    days on market $459,990 Active 108 DOM
  5. 2026-09-19
    days on market $459,990 Active 107 DOM
  6. 2026-09-18
    days on market $459,990 Active 106 DOM
  7. 2026-09-17
    days on market $459,990 Active 105 DOM
  8. 2026-09-16
    days on market $459,990 Active 104 DOM
  9. 2026-09-15
    days on market $459,990 Active 103 DOM
  10. 2026-09-14
    days on market $459,990 Active 102 DOM
  11. 2026-09-13
    days on market $459,990 Active 101 DOM
  12. 2026-09-12
    days on market $459,990 Active 100 DOM
  13. 2026-09-11
    days on market $459,990 Active 99 DOM
  14. 2026-09-05
    days on market $459,990 Active 93 DOM
  15. 2026-09-04
    days on market $459,990 Active 92 DOM
  16. 2026-09-03
    days on market $459,990 Active 91 DOM
  17. 2026-08-31
    days on market $459,990 Active 88 DOM
  18. 2026-08-30
    days on market $459,990 Active 87 DOM
  19. 2026-08-29
    days on market $459,990 Active 86 DOM
  20. 2026-08-28
    days on market $459,990 Active 85 DOM
  21. 2026-08-27
    days on market $459,990 Active 84 DOM
  22. 2026-08-26
    days on market $459,990 Active 83 DOM
  23. 2026-08-25
    days on market $459,990 Active 82 DOM
  24. 2026-08-24
    days on market $459,990 Active 81 DOM
  25. 2026-08-23
    days on market $459,990 Active 80 DOM
  26. 2026-08-22
    days on market $459,990 Active 79 DOM
  27. 2026-08-21
    days on market $459,990 Active 78 DOM
  28. 2026-08-20
    days on market $459,990 Active 77 DOM
  29. 2026-08-19
    days on market $459,990 Active 76 DOM
  30. 2026-08-18
    days on market $459,990 Active 75 DOM
  31. 2026-08-17
    days on market $459,990 Active 74 DOM
  32. 2026-08-16
    days on market $459,990 Active 73 DOM
  33. 2026-08-15
    days on market $459,990 Active 72 DOM
  34. 2026-08-14
    days on market $459,990 Active 71 DOM
  35. 2026-08-13
    days on market $459,990 Active 70 DOM
  36. 2026-08-12
    days on market $459,990 Active 69 DOM
  37. 2026-08-11
    days on market $459,990 Active 68 DOM
  38. 2026-08-10
    days on market $459,990 Active 67 DOM
  39. 2026-08-09
    days on market $459,990 Active 66 DOM
  40. 2026-08-08
    days on market $459,990 Active 65 DOM
  41. 2026-08-07
    days on market $459,990 Active 64 DOM
  42. 2026-08-06
    days on market $459,990 Active 63 DOM
  43. 2026-08-05
    days on market $459,990 Active 62 DOM
  44. 2026-08-04
    days on market $459,990 Active 61 DOM
  45. 2026-08-03
    days on market $459,990 Active 60 DOM
  46. 2026-07-31
    days on market $459,990 Active 57 DOM
  47. 2026-07-30
    days on market $459,990 Active 55 DOM
  48. 2026-07-28
    days on market $459,990 Active 54 DOM
  49. 2026-07-26
    days on market $459,990 Active 52 DOM
  50. 2026-07-24
    days on market $459,990 Active 50 DOM

ⓘ 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
$6,037 · $503/mo
Projected year-2 tax
$6,037 · $503/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 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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
$27,991
− Mortgage interest
−$25,767
− Property taxes
−$6,037
− Insurance
−$2,300
− Repairs & maintenance
−$2,239
− Management
−$2,239
− HOA
−$2,820
− Depreciation
−$13,382
Taxable loss
−$26,792
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$6,430
After-tax cash flow
$-11,561/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 · 14 photos

Good 85/100 None rehab

This home is in excellent condition with modern amenities and a well-maintained exterior. It's ready for immediate occupancy and would benefit from minor exterior updates to enhance its curb appeal and value.

Value-add opportunities

  • Both Painting the exterior — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both Add a smart home system — Improves convenience and adds value
C Composite school gradezoned avg 62/100

Zoned Schools

Elementary Freedom Elementary School A- FL #320/2,144 Nat'l #3,228/41,679 Middle Carlos E. Haile Middle School A- FL #84/571 Nat'l #1,110/14,009 High Braden River High School D FL #201/667 Nat'l #6,224/17,239

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
A Composite livability gradescore 81/100

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 · 447,342 people
City population
227,091
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
25,536
Household income
$125,486
Rent vs Own
15.3% rent · 84.7% own
Severe rent burden
8% of renters

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 (81%)
Race & ethnicity
White 81% Hispanic / Latino 10% Two or more races 8% Black 3% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2% Cuban 1%
Common ancestry
Romanian 5% Lithuanian 3% Slovak 2%
Foreign-born
9% · Canada, Vietnam, China
Languages at home
89% English-only · Spanish 6% Other Indo-European 2% Vietnamese 2%

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

Price history

-15.3% since first listed
5 events — show timeline
  • 2026-06-04 Listed $459,990 Zillow
  • 2026-06-04 Listed $459,990 Stellar MLS as Distributed by MLS Grid
  • 2024-04-17 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2024-02-19 Price Changed $539,950 Stellar MLS as Distributed by MLS Grid
  • 2023-09-01 Listed $542,988 Stellar MLS as Distributed by MLS Grid

Property tax history

+48.4%/yr

Latest (2025): $6,037 · -1.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…