1740 Loralin Dr · Englewood, FL 34223

$175,000

3 bd · 2.0 ba · 1,406 sqft · SingleFamily public records · 1 Days on market

Built 1973 Fair condition $124/sqft · 33% below area Est $262k · 33% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.6/10.0
• Rent growth +4.8/5.0
• Livability +3.7/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Att Investors! Opportunities await in this partially rehabbed spacious home in a prime location in Englewood. Nice neighborhood and close to everything! Sold as is!

Key facts

• Partially rehabbed
• Nice neighborhood
• Prime location

Tags

• PARTIALLY REHABBED
• PRIME LOCATION
• NICE NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $175k).
• Cap rate 17.3% vs local median 3.5% in Englewood — 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 73/100 on livability (#321 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, health & safety A; Watch: employment C-, amenities F, 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.
• Zoned schools: L. A. Ainger Middle School (math 65% / reading 53%, grade B, #144 of 571 statewide, top 26%, 720 students, 40% FRL); Lemon Bay High School (math 50% / reading 56%, grade C-, #148 of 667 statewide, top 23%, 1,360 students, 28% FRL) — zoned schools average 34% FRL vs 54% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+9.0%/yr); 823 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 117d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 79% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• At $3,435/mo this rent would consume 54% of the median local household income ($76k/yr) (locally 15% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $49k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $62k; list at $175k implies a 184% gain — meaningful room to come down on a strong offer.

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→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1973 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.96% ✓
• Cap rate: 17.31%
• Cash-on-cash: 39.36%
• DSCR: 2.75
• GRM: 4.2

CMA / ARV

• ARV (median comp): $261,670
• List price: $175,000
• Delta: -33.12%
• 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
1756 Elinor Pl	0.05mi	2/2.0 (-1)	1,339 (-5%)	7mo	$235,000	$176	79
1239 Punta Nova Ter	0.17mi	3/3.0	1,366 (-3%)	5mo	$355,000	$260	79
1625 Loralin Dr	0.10mi	2/2.0 (-1)	1,303 (-7%)	0mo	$228,000	$175	78
1220 Punta Nova Ter	0.21mi	2/2.0 (-1)	1,493 (+6%)	7mo	$309,900	$208	69
893 E 4th St	0.51mi	4/2.0 (+1)	1,376 (-2%)	5mo	$232,000	$169	64
1455 Lemon Bay Dr	0.61mi	2/2.0 (-1)	1,432 (+2%)	3mo	$550,000	$384	61
1410 Deer Creek Dr	0.53mi	2/1.0 (-1)	1,363 (-3%)	2mo	$266,000	$195	59
1493 Janet Pl	0.34mi	2/2.0 (-1)	1,554 (+10%)	6mo	$360,000	$232	56
886 E 4th St	0.50mi	2/2.0 (-1)	1,518 (+8%)	3mo	$350,000	$231	56
829 E 7th St	0.35mi	2/2.0 (-1)	1,599 (+14%)	2mo	$310,000	$194	54
1082 Haste Ln	0.61mi	2/2.0 (-1)	1,261 (-10%)	6mo	$388,000	$308	45
40 Crestview Dr	0.60mi	2/2.0 (-1)	1,243 (-12%)	6mo	$272,000	$219	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 29.6%
• Equity multiple: 2.33×
• Total profit: $65,254
• Equity at exit: $26,093

10-year hold

• IRR: 40.0%
• Equity multiple: 5.84×
• Total profit: $237,310
• Equity at exit: $15,131

Cash invested: $49,000 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 30 active · 24 under contract
• Months of supply: 10.0 mo (10%/mo absorbed)
• Median asking: $375,945 ($261/sqft)
• Median days on market: 132 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -28.7% vs current asking $/sqft

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

ZIP-level market 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 823
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $3,435 high
• Mortgage (P&I): −$918
• Tax from tax record: −$116 /mo · $1,391/yr
• Insurance: −$73
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$721
• Net cashflow: $1,181

Break-even live

Break-even rent $1,941

Max offer price $175,000

Occupancy floor 61%

Sensitivity live

Price	-10% $1,280	-5% $1,230	+0% $1,181	+5% $1,131	+10% $1,082
Rent	-10% $909	-5% $1,045	+0% $1,181	+5% $1,316	+10% $1,452
Rate	-1.0pp $1,269	-0.5pp $1,225	base $1,181	+0.5pp $1,135	+1.0pp $1,089

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: $43,750
• Closing costs: $5,250
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1575 Loralin Dr Englewood, FL	3.0	2.0	1322	$5,000	$3.78	116d	1	0.16mi
1501 Helene Ave Englewood, FL	3.0	2.0	1608	$3,200	$1.99	109d	1	0.25mi
1210 S Maryknoll Rd Englewood, FL	2.0	2.0	1063	$2,600	$2.45	116d	1	0.32mi
1531 Placida Rd #204 Englewood, FL	2.0	2.0	1056	$3,500	$3.31	116d	1	0.42mi
1531 Placida Rd #203 Englewood, FL	2.0	2.0	1056	$3,900	$3.69	116d	1	0.42mi
1401 S McCall Rd Unit 301A Englewood, FL	2.0	2.0	1093	$3,300	$3.02	116d	1	0.43mi
1401 S McCall Rd Englewood, FL	2.0	2.0	1093	$3,150	$2.88	6d	2	0.47mi
858 E 7th St Englewood, FL	3.0	2.0	1244	$1,995	$1.60	116d	1	0.49mi
1120 Lampp Dr Englewood, FL	3.0	2.0	1212	$4,000	$3.30	116d	1	0.60mi
1081 Humboldt St Englewood, FL	3.0	2.0	1838	$2,300	$1.25	6d	1	0.74mi
1375 Beach Rd #311 Englewood, FL	3.0	2.0	1686	$4,950	$2.94	116d	1	0.82mi
1177 South Ln Englewood, FL	3.0	1.0	910	$1,600	$1.76	6d	1	0.83mi
2275 S McCall Rd #201 Englewood, FL	2.0	2.0	1050	$2,000	$1.90	109d	1	1.19mi
1960 Oregon Trl Unit 2A Englewood, FL	2.0	2.0	1360	$3,750	$2.76	116d	1	1.45mi

Listing history 2 events

1. 2026-05-26
   listed $175,000 Active
2. 1995-05-30
   soldstatus $61,600

ⓘ 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: $1,391 · $116/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$62/yr (+$5/mo · 4.4%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,223
• − Mortgage interest: −$9,803
• − Property taxes: −$1,391
• − Insurance: −$5,994
• − Repairs & maintenance: −$3,298
• − Management: −$3,298
• − Depreciation: −$5,091
• Taxable income: $12,350
• Est. tax owed @ 24.0%: −$2,964
• After-tax cash flow: $11,206/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 · 2 photos

Fair 45/100 Moderate rehab Est. rehab $35,150–$63,270 screening

This home requires significant exterior repairs and maintenance to improve its condition and value. A fresh coat of paint, new roof, landscaping, and fencing repairs are recommended.

Repairs flagged

• Major roof — Signs of significant wear
• Major exterior siding — Weathered and peeling
• Major landscaping — Sparse and unkempt
• Major fencing — Old and in need of repair

Value-add opportunities

• Both paint exterior — Fresh paint enhances curb appeal and value ↑
• Both repair roof — A new roof improves the home's value and longevity ↑
• Both landscape — A well-maintained yard enhances curb appeal and value ↑
• Both repair fencing — A repaired fence improves the home's curb appeal and safety ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 56/100

Zoned Schools

Middle L. A. Ainger Middle School B FL #144/571 Nat'l #1,951/14,009 High Lemon Bay High School C- FL #148/667 Nat'l #4,893/17,239

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

B Composite livability gradescore 73/100

Livability — Englewood

• Score: 73/100
• State rank: #321
• US rank: #5655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Englewood, FL
• County: Sarasota County · 198,646 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 15% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 4% Iranian 2%
• Foreign-born: 9% · Canada
• Languages at home: 94% English-only · German/W. Germanic 2% Spanish 1% Other Indo-European 1%

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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: ▼ -146.26%
• Current HPI: 281.0529
• Rent YoY: ▲ 9.02%
• Metro: North Port-Sarasota-Bradenton, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

1 event — show timeline

• 1995-05-30 Sold (Public Records) $61,600 Public Records

Property tax history

+1.9%/yr

Latest (2025): $1,391 · +73.2% YoY. Source: county tax records.