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Armstrong Plan 🏗️ New Construction
D Composite 40.17
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).

  • Cash flow +8.0/30.0
  • ARV discount +7.5/15.0
  • Schools +6.0/10.0
  • Appreciation +4.5/10.0
  • Condition / age +4.0/5.0
  • Rent growth +3.2/5.0
  • 1% rule +2.5/10.0
  • Livability +2.5/5.0
  • DSCR +2.0/10.0

$369,999

Armstrong Plan · Ave Maria, FL 34142
3 bd · 2.0 ba · 1,635 sqft · SingleFamily · 319 Days on market
Good condition Garage

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

Listing remarks

This new single-story home is dedicated to modern comfort and ease of living. Two secondary bedrooms share a bathroom in the hall at the front of the home, while down the foyer is the open-concept living area. It showcases an airy dining room, welcoming family room and a modern kitchen with a center island and direct access to the spacious covered patio. In the corner is a tranquil owner's suite with a private bathroom and walk-in closet.

Key facts

  • Walk-in closet
  • Private bathroom
  • Modern kitchen

Tags

OPEN-CONCEPT LIVING AREAMODERN KITCHENCENTER ISLANDSPACIOUS COVERED PATIOPRIVATE BATHROOMWALK-IN CLOSET

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $369,999 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $411,416.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $370k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-422 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $350k (5.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $307k (17.2% below list).
  • Recommended offer: $307k (17.2% below list) — sets the bar for 1% rule.
  • Cap rate 5.1% vs local median 3.9% in Ave Maria — 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 D — affects rentability + tenant quality, not the cash-flow math above.
  • Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Estates Elementary School (math 70% / reading 67%, grade B+, #409 of 2,144 statewide, top 20%, 862 students, 53% FRL); Corkscrew Middle School (math 68% / reading 59%, grade B+, #109 of 571 statewide, top 19%, 958 students, 43% FRL); Palmetto Ridge High School (math 43% / reading 51%, grade D-, #207 of 667 statewide, top 32%, 2,347 students, 38% FRL).
  • Market conditions: Rents rising (+3.0%/yr); 695 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
  • At $3,065/mo this rent would consume 59% of the median local household income ($62k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-1.1%/yr); year-one equity from $3k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 319 days — a 12% lower offer ($326k) is reasonable based on typical stale-listing flexibility.
Recommended offer $306,507 (17.2% 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 319 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
  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. 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
0.75% ✗
Cap rate
5.06%
Cash-on-cash
-4.39%
DSCR
0.80
GRM
11.2

CMA / ARV

ARV (median comp)
$411,416
List price
$369,999
Delta
-10.07%
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
4675 Espiritu Way 0.00mi 2/2.0 (-1) 1,602 (-2%) 2mo $330,000 $206 90
4176 Madison St 0.29mi 3/2.0 1,558 (-5%) 1mo $395,000 $254 78
4671 Espiritu Way 0.00mi 2/2.0 (-1) 1,448 (-11%) 4mo $320,000 $221 72
4557 Sophia Dr 0.44mi 3/2.5 1,726 (+6%) 1mo $405,929 $235 68
4250 Annapolis Ave 0.54mi 3/2.0 1,692 (+4%) 3mo $415,000 $245 67
5028 Arancia Ln 0.55mi 3/2.5 1,717 (+5%) 2mo $378,500 $220 62
4969 Renzo Ct 0.49mi 3/2.5 1,726 (+6%) 4mo $395,000 $229 62
4450 Steinbeck Way 0.35mi 4/2.0 (+1) 1,760 (+8%) 6mo $459,000 $261 61
4357 Steinbeck Way 0.38mi 4/2.0 (+1) 1,760 (+8%) 6mo $430,000 $244 59
5072 Arancia Ln 0.62mi 3/3.0 1,705 (+4%) 7mo $315,000 $185 54
5060 Arancia Ln 0.61mi 3/2.0 1,513 (-8%) 7mo $384,500 $254 53
3983 Giesboro Ln 0.66mi 2/2.0 (-1) 1,448 (-11%) 2mo $316,635 $219 44

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

Projected returns pro-forma

-1.05% appreciation · 2.95% rent growth · sell at horizon

5-year hold
IRR
-11.9%
Equity multiple
0.49×
Total profit
$-58,845
Equity at exit
$98,360
10-year hold
IRR
-5.2%
Equity multiple
0.53×
Total profit
$-53,687
Equity at exit
$102,476

Cash invested: $115,197 (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
57 active · 23 under contract
Months of supply
19.0 mo (5%/mo absorbed)
Median asking
$419,990 ($234/sqft)
Median days on market
125 d
This list price
33% of active listings are priced below it
ARV vs active asking
+7.4% vs current asking $/sqft

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

ZIP-level market 34142

Home prices YoY
-0.5%
Rents YoY
3.0%
Active inventory
695
Price-to-rent
10.1×

Monthly cashflow live

Estimated rent
$3,065 high interval (Pro) →
Mortgage (P&I)
−$2,158
Tax est. 1.5%
−$514 /mo · $6,171/yr
Insurance
−$171
HOA
−$0
Vacancy / Maint / Mgmt
−$644
Net cashflow
$-422

Break-even live

Break-even rent $3,599
Max offer price $350,381
Occupancy floor —

Sensitivity live

Price -10% $-137 -5% $-280 +0% $-422 +5% $-564 +10% $-706
Rent -10% $-664 -5% $-543 +0% $-422 +5% $-301 +10% $-180
Rate -1.0pp $-215 -0.5pp $-317 base $-422 +0.5pp $-528 +1.0pp $-637

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
$102,854
Closing costs
$12,342
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,900 $1.85 51d 1 0.35mi
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,600 $1.71 10d 1 0.35mi
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,900 $1.85 164d 1 0.35mi
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,600 $1.71 46d 1 0.35mi
4324 Annapolis Ave Ave Maria, FL 3.0 2.0 1662 $2,900 $1.74 29d 1 0.44mi
4324 Annapolis Ave Ave Maria, FL 3.0 2.0 1662 $2,900 $1.74 10d 1 0.44mi
4905 Lowell Dr Ave Maria, FL 3.0 2.0 1901 $2,550 $1.34 10d 1 0.48mi
4905 Lowell Dr Ave Maria, FL 3.0 2.0 1901 $2,550 $1.34 37d 1 0.48mi
4383 Hudson Way Ave Maria, FL 4.0 3.0 2080 $3,500 $1.68 10d 1 0.54mi
5020 Arancia Ln Ave Maria, FL 2.0 2.5 1867 $2,400 $1.29 48d 1 0.55mi
5020 Arancia Ln Ave Maria, FL 3.0 2.5 1525 $2,400 $1.57 41d 1 0.55mi
5020 Arancia Ln Ave Maria, FL 2.0 2.5 1867 $2,400 $1.29 10d 1 0.55mi
4819 Frattina St Ave Maria, FL 4.0 3.5 1978 $3,200 $1.62 51d 1 0.55mi
5032 Arancia Ln Ave Maria, FL 3.0 2.0 1525 $2,595 $1.70 154d 1 0.57mi
5072 Arancia Ln Ave Maria, FL 3.0 2.5 1705 $3,150 $1.85 10d 1 0.63mi
5072 Arancia Ln Ave Maria, FL 3.0 2.5 1705 $3,150 $1.85 51d 1 0.63mi
4330 Washington Pl Ave Maria, FL 3.0 2.0 1662 $2,600 $1.56 10d 1 0.69mi
4330 Washington Pl Ave Maria, FL 3.0 2.0 1662 $2,600 $1.56 16d 1 0.69mi
4869 Gambero Way Ave Maria, FL 3.0 3.0 1903 $2,600 $1.37 7d 1 0.72mi
4390 Battlecreek Way Ave Maria, FL 4.0 2.5 2060 $3,295 $1.60 164d 1 0.74mi
5068 Annunciation Cir #4201 Ave Maria, FL 2.0 2.0 1266 $3,400 $2.69 164d 1 0.75mi
5068 Annunciation Cir #4210 Ave Maria, FL 3.0 3.0 1635 $2,750 $1.68 51d 1 0.75mi
4881 Gambero Way Ave Maria, FL 3.0 2.5 2037 $2,800 $1.37 151d 1 0.75mi
5076 Annunciation Cir #2206 Ave Maria, FL 2.0 2.0 1206 $2,800 $2.32 10d 1 0.80mi
5076 Annunciation Cir #2305 Ave Maria, FL 2.0 2.0 1166 $2,800 $2.40 164d 1 0.80mi
5076 Annunciation Cir #2206 Ave Maria, FL 2.0 2.0 1206 $3,100 $2.57 51d 1 0.80mi
5076 Annunciation Cir #2203 Ave Maria, FL 2.0 2.0 1254 $2,500 $1.99 9d 1 0.80mi
5076 Annunciation Cir #2206 Ave Maria, FL 2.0 2.0 1206 $3,100 $2.57 164d 1 0.80mi
5008 Frattina St Ave Maria, FL 3.0 2.5 1726 $2,700 $1.56 35d 1 0.85mi
5008 Frattina St Ave Maria, FL 3.0 2.5 1726 $2,700 $1.56 10d 1 0.85mi
5080 Annunciation Cir #1306 Ave Maria, FL 3.0 2.0 1700 $3,900 $2.29 51d 1 0.85mi
5080 Annunciation Cir #1306 Ave Maria, FL 3.0 2.0 1700 $3,900 $2.29 10d 1 0.85mi
4925 Gambero Way Ave Maria, FL 2.0 2.0 1525 $4,000 $2.62 164d 1 0.85mi
5151 Monza Ct Ave Maria, FL 3.0 2.5 2104 $2,900 $1.38 44d 1 0.87mi
4957 Gambero Way Unit 4957 Ave Maria, FL 4.0 3.0 1500 $3,400 $2.27 6d 1 0.93mi
5191 Genoa St Ave Maria, FL 3.0 2.5 1929 $3,500 $1.81 49d 1 0.93mi
5265 Marano Dr Ave Maria, FL 3.0 2.5 1726 $2,300 $1.33 9d 1 0.95mi
5253 Messina St Ave Maria, FL 3.0 2.5 1929 $2,495 $1.29 44d 1 0.98mi
5253 Messina St Ave Maria, FL 3.0 2.5 1929 $2,400 $1.24 51d 1 0.98mi
5263 Ferrari Ave Ave Maria, FL 3.0 2.5 1929 $2,300 $1.19 0d 1 1.00mi

Property features AI

Finance

Other
Address: Ave Maria, FL 34142
Financial info
List price available (details not shown here)

Exterior

Parking
2 garage spaces2 total parking spaces
Home design
New construction plan named ArmstrongSingle-family home (plan inventory)
Construction
Built as part of a 2025/2026 listing (new construction plan)
Exterior features
Living area of 1,635 (listed)

Interior

Kitchen
Standard kitchen included (details not provided)
Bedrooms
3 bedrooms
Bathrooms
2 full bathrooms
Interior features
Open living area
Laundry & utility
Laundry/utility area (details not provided)

Listing history 50 events

  1. 2026-11-08
    days on market $369,999 Active 319 DOM
  2. 2026-11-07
    days on market $369,999 Active 318 DOM
  3. 2026-11-07
    days on market $369,999 Active 317 DOM
  4. 2026-11-05
    days on market $369,999 Active 316 DOM
  5. 2026-11-04
    days on market $369,999 Active 315 DOM
  6. 2026-11-02
    days on market $369,999 Active 313 DOM
  7. 2026-11-01
    days on market $369,999 Active 312 DOM
  8. 2026-10-31
    days on market $369,999 Active 311 DOM
  9. 2026-10-30
    days on market $369,999 Active 310 DOM
  10. 2026-10-29
    days on market $369,999 Active 309 DOM
  11. 2026-10-28
    days on market $369,999 Active 308 DOM
  12. 2026-10-27
    days on market $369,999 Active 307 DOM
  13. 2026-10-26
    days on market $369,999 Active 306 DOM
  14. 2026-10-25
    days on market $369,999 Active 305 DOM
  15. 2026-10-24
    days on market $369,999 Active 304 DOM
  16. 2026-10-23
    days on market $369,999 Active 303 DOM
  17. 2026-10-22
    days on market $369,999 Active 302 DOM
  18. 2026-10-21
    days on market $369,999 Active 301 DOM
  19. 2026-10-20
    days on market $369,999 Active 300 DOM
  20. 2026-10-19
    days on market $369,999 Active 299 DOM
  21. 2026-10-18
    days on market $369,999 Active 298 DOM
  22. 2026-10-17
    days on market $369,999 Active 297 DOM
  23. 2026-10-16
    days on market $369,999 Active 296 DOM
  24. 2026-10-15
    days on market $369,999 Active 295 DOM
  25. 2026-10-14
    days on market $369,999 Active 294 DOM
  26. 2026-10-13
    days on market $369,999 Active 293 DOM
  27. 2026-10-12
    days on market $369,999 Active 292 DOM
  28. 2026-10-11
    days on market $369,999 Active 291 DOM
  29. 2026-10-10
    days on market $369,999 Active 290 DOM
  30. 2026-10-09
    days on market $369,999 Active 289 DOM
  31. 2026-10-08
    days on market $369,999 Active 288 DOM
  32. 2026-10-07
    days on market $369,999 Active 287 DOM
  33. 2026-10-07
    days on market $369,999 Active 286 DOM
  34. 2026-10-05
    days on market $369,999 Active 285 DOM
  35. 2026-10-04
    days on market $369,999 Active 284 DOM
  36. 2026-10-04
    days on market $369,999 Active 283 DOM
  37. 2026-10-02
    days on market $369,999 Active 282 DOM
  38. 2026-10-01
    days on market $369,999 Active 281 DOM
  39. 2026-09-29
    days on market $369,999 Active 279 DOM
  40. 2026-09-28
    days on market $369,999 Active 278 DOM
  41. 2026-09-26
    days on market $369,999 Active 276 DOM
  42. 2026-09-25
    days on market $369,999 Active 275 DOM
  43. 2026-09-24
    days on market $369,999 Active 274 DOM
  44. 2026-09-23
    days on market $369,999 Active 273 DOM
  45. 2026-09-22
    days on market $369,999 Active 272 DOM
  46. 2026-09-20
    days on market $369,999 Active 270 DOM
  47. 2026-09-18
    days on market $369,999 Active 268 DOM
  48. 2026-09-17
    days on market $369,999 Active 267 DOM
  49. 2026-09-16
    days on market $369,999 Active 266 DOM
  50. 2026-09-15
    days on market $369,999 Active 265 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$36,781
− Mortgage interest
−$23,046
− Property taxes
−$6,171
− Insurance
−$2,057
− Repairs & maintenance
−$2,942
− Management
−$2,942
− Depreciation
−$11,968
Taxable loss
−$12,347
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,963
After-tax cash flow
$-2,098/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 · 6 photos

Good 80/100 Cosmetic rehab Est. rehab $8,175–$24,525 screening

This modern single-story home in Ave Maria, FL, is in good condition with a good condition score of 80. It offers a good investment opportunity with potential for modest cosmetic updates to enhance its curb appeal and value.

Value-add opportunities

  • Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value. ↑
  • Both Landscaping improvements — Enhanced landscaping can improve both resale and rental value. ↑
  • Resale Update kitchen appliances — Modern appliances can attract more buyers. ↑
  • Both Add smart home features — Smart home features can increase both resale and rental appeal. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic 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 60/100

Zoned Schools

Elementary Estates Elementary School B+ FL #409/2,144 Nat'l #4,125/41,679 Middle Corkscrew Middle School B+ FL #109/571 Nat'l #1,406/14,009 High Palmetto Ridge High School D- FL #207/667 Nat'l #6,330/17,239

Schools (NCES district)

District
Collier
NCES district ID
1200330
Math proficiency
60% ▼ -4.00%
Reading proficiency
56% ▼ -2.00%
Median HH income
$58,275
Composite
50.23/100
National rank
#1892
State rank
#16 of 73 in FL

Livability — Ave Maria

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

Census & demographics

Census place
Ave Maria, FL
County
Collier County · 420,858 people
Metro
Naples-Marco Island, FL
Population (ZIP)
35,149
Household income
$62,333
Rent vs Own
48.7% rent · 51.3% own
Severe rent burden
12% of renters

Population outlook (Collier County) Hauer SSP2

Today (2025)
420,858 people
By 2030
450,054 · +6.9%
By 2040
502,232 · +19.3%
By 2050
544,932 · +29.5%
By 2075
627,203 · +49.0%
By 2100
659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Hispanic (63%)
Race & ethnicity
Hispanic / Latino 63% Two or more races 39% Black 19% White 16% Native American 7%
Hispanic origin (detail)
Mexican 43% Puerto Rican 3% Cuban 2% Dominican 1%
Languages at home
34% English-only · Spanish 53% French/Haitian/Cajun 12%

Political lean MEDSL · Collier

2024 margin
Solid R (+33.1) · D 33.1% · R 66.2%
2008→2024 swing
-10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
All cycles
2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5

Not yet ingested

Civics
—

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…