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Armstrong Plan 🏗️ New Construction
D Composite 44.65
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 +10.7/30.0
  • ARV discount +7.5/15.0
  • Schools +6.0/10.0
  • Appreciation +4.5/10.0
  • Condition / age +4.0/5.0
  • 1% rule +3.2/10.0
  • Rent growth +3.2/5.0
  • DSCR +3.1/10.0
  • Livability +2.5/5.0

$369,999

Armstrong Plan · Ave Maria, FL 34142
3 bd · 2.0 ba · 1,635 sqft · SingleFamily · 273 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
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🏗️ New construction. The $369,999 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $416,440.

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 $-197 ($-2k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $339k (8.3% below list).
  • Recommended offer: $326k (12.0% below list) — sets the bar for market timing.
  • Cap rate 5.7% 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); 610 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 45% 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 $3,394/mo this rent would consume 65% 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 273 days — a 12% lower offer ($326k) is reasonable based on typical stale-listing flexibility.
Recommended offer $325,599 (12.0% 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 273 days. Have you received any prior offers? Is the seller open to a 12% 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
0.82%
Cap rate
5.73%
Cash-on-cash
-2.02%
DSCR
0.91
GRM
10.2

CMA / ARV

ARV (median comp)
$416,440
List price
$369,999
Delta
-11.15%
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
4671 Espiritu Way 0.00mi 2/2.0 (-1) 1,448 (-11%) 3mo $320,000 $221 73
4250 Annapolis Ave 0.54mi 3/2.0 1,692 (+4%) 1mo $415,000 $245 68
4344 Annapolis Ave 0.45mi 3/2.0 1,662 (+2%) 10mo $393,390 $237 68
4969 Renzo Ct 0.49mi 3/2.5 1,726 (+6%) 2mo $395,000 $229 64
5028 Arancia Ln 0.55mi 3/2.5 1,717 (+5%) 0mo $378,500 $220 64
4450 Steinbeck Way 0.35mi 4/2.0 (+1) 1,760 (+8%) 5mo $459,000 $261 62
4357 Steinbeck Way 0.38mi 4/2.0 (+1) 1,760 (+8%) 5mo $430,000 $244 60
4161 Madison St 0.30mi 4/2.0 (+1) 1,760 (+8%) 10mo $385,000 $219 60
5072 Arancia Ln 0.62mi 3/3.0 1,705 (+4%) 6mo $315,000 $185 55
5060 Arancia Ln 0.61mi 3/2.0 1,513 (-8%) 6mo $384,500 $254 54
3983 Giesboro Ln 0.66mi 2/2.0 (-1) 1,448 (-11%) 0mo $316,635 $219 45
4368 Annapolis Ave 0.46mi 4/2.0 (+1) 1,850 (+13%) 9mo $398,000 $215 45

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
-8.9%
Equity multiple
0.61×
Total profit
$-44,904
Equity at exit
$99,560
10-year hold
IRR
-2.1%
Equity multiple
0.81×
Total profit
$-22,729
Equity at exit
$103,727

Cash invested: $116,603 (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
46 active · 19 under contract
Months of supply
13.8 mo (7%/mo absorbed)
Median asking
$417,490 ($234/sqft)
Median days on market
153 d
This list price
30% of active listings are priced below it
ARV vs active asking
+8.9% 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
610
Price-to-rent
9.1×

Monthly cashflow live

Estimated rent
$3,394 high interval (Pro) →
Mortgage (P&I)
$2,184
Tax est. 1.5%
$521 /mo · $6,247/yr
Insurance
$174
HOA
$0
Vacancy / Maint / Mgmt
$713
Net cashflow
$-197

Break-even live

Break-even rent $3,643
Max offer price $387,988
Occupancy floor

Sensitivity live

Price -10% $91 -5% $-53 +0% $-197 +5% $-341 +10% $-484
Rent -10% $-465 -5% $-331 +0% $-197 +5% $-63 +10% $72
Rate -1.0pp $13 -0.5pp $-91 base $-197 +0.5pp $-305 +1.0pp $-414

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
$104,110
Closing costs
$12,493
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 $3,600 $1.71 0d 1 0.35mi
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,900 $1.85 6d 1 0.35mi
4546 Battlecreek Way Ave Maria, FL 3.0 2.5 2104 $3,900 $1.85 119d 1 0.35mi
5020 Arancia Ln Ave Maria, FL 2.0 2.5 1867 $2,400 $1.29 3d 1 0.55mi
5020 Arancia Ln Ave Maria, FL 2.0 2.5 1867 $2,400 $1.29 3d 1 0.55mi
4819 Frattina St Ave Maria, FL 4.0 3.5 1978 $3,200 $1.62 6d 1 0.55mi
5032 Arancia Ln Ave Maria, FL 3.0 2.0 1525 $2,595 $1.70 109d 1 0.57mi
5072 Arancia Ln Ave Maria, FL 3.0 2.5 1705 $3,150 $1.85 6d 1 0.63mi
4390 Battlecreek Way Ave Maria, FL 4.0 2.5 2060 $3,295 $1.60 119d 1 0.74mi
5068 Annunciation Cir #4210 Ave Maria, FL 3.0 3.0 1635 $2,750 $1.68 6d 1 0.75mi
5068 Annunciation Cir #4201 Ave Maria, FL 2.0 2.0 1266 $3,400 $2.69 119d 1 0.75mi
4881 Gambero Way Ave Maria, FL 3.0 2.5 2037 $2,800 $1.37 106d 1 0.75mi
5076 Annunciation Cir #2305 Ave Maria, FL 2.0 2.0 1166 $2,800 $2.40 119d 1 0.80mi
5076 Annunciation Cir #2206 Ave Maria, FL 2.0 2.0 1206 $3,100 $2.57 119d 1 0.80mi
5076 Annunciation Cir #2206 Ave Maria, FL 2.0 2.0 1206 $3,100 $2.57 6d 1 0.80mi
5080 Annunciation Cir #1306 Ave Maria, FL 3.0 2.0 1700 $3,900 $2.29 6d 1 0.85mi
4925 Gambero Way Ave Maria, FL 2.0 2.0 1525 $4,000 $2.62 119d 1 0.85mi
6015 Ellerston #911 Ave Maria, FL 3.0 2.0 1741 $2,800 $1.61 6d 1 0.86mi
4957 Gambero Way Unit 4957 Ave Maria, FL 4.0 3.0 1500 $3,400 $2.27 0d 1 0.93mi
5191 Genoa St Ave Maria, FL 3.0 2.5 1929 $3,500 $1.81 3d 1 0.93mi
5253 Messina St Ave Maria, FL 3.0 2.5 1929 $2,400 $1.24 6d 1 0.98mi
5263 Ferrari Ave Ave Maria, FL 3.0 2.5 1929 $3,300 $1.71 6d 1 1.00mi
5069 Penella Ave Ave Maria, FL 3.0 2.5 1717 $2,650 $1.54 6d 1 1.01mi
5265 Messina St Ave Maria, FL 3.0 2.5 1929 $4,995 $2.59 6d 1 1.01mi
5265 Messina St Ave Maria, FL 3.0 2.5 1929 $4,995 $2.59 119d 1 1.01mi
5089 Penella Ave Ave Maria, FL 3.0 2.5 2028 $2,300 $1.13 109d 1 1.06mi
5187 Nevola Ave Ave Maria, FL 3.0 2.5 1680 $2,700 $1.61 116d 1 1.14mi
5322 Nevola Ave Ave Maria, FL 3.0 3.0 1918 $2,700 $1.41 109d 1 1.18mi
5501 Hampton Links Ct Ave Maria, FL 2.0 2.5 1900 $7,850 $4.13 6d 1 1.20mi
5124 Nevola Ave Ave Maria, FL 4.0 3.0 1918 $2,750 $1.43 6d 1 1.22mi
5376 Fancourt Links Way Ave Maria, FL 2.0 2.5 1850 $6,850 $3.70 116d 1 1.22mi
5374 Ferris Ave Ave Maria, FL 3.0 2.5 1933 $2,350 $1.22 119d 1 1.26mi
5522 Hampton Links Ct Ave Maria, FL 2.0 2.5 1850 $3,995 $2.16 119d 1 1.26mi
5538 Hampton Links Ct Ave Maria, FL 3.0 3.0 2247 $6,295 $2.80 116d 1 1.30mi
5538 Hampton Links Ct Ave Maria, FL 3.0 3.0 2247 $6,495 $2.89 6d 1 1.30mi
5545 Hampton Links Ct Ave Maria, FL 4.0 3.0 2247 $8,500 $3.78 119d 1 1.30mi
5604 Newcastle Ct #5722 Ave Maria, FL 3.0 2.0 2110 $6,800 $3.22 2d 1 1.31mi
5412 Fancourt Links Way Ave Maria, FL 4.0 3.0 2247 $8,000 $3.56 116d 1 1.31mi
5415 Pikewood Ct Ave Maria, FL 3.0 3.0 2247 $3,995 $1.78 6d 1 1.33mi
5357 Brin Way Ave Maria, FL 3.0 2.5 1924 $2,495 $1.30 6d 1 1.34mi

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. 2026-09-23
    days on market $369,999 Active 273 DOM
  2. 2026-09-22
    days on market $369,999 Active 272 DOM
  3. 2026-09-20
    days on market $369,999 Active 270 DOM
  4. 2026-09-18
    days on market $369,999 Active 268 DOM
  5. 2026-09-17
    days on market $369,999 Active 267 DOM
  6. 2026-09-16
    days on market $369,999 Active 266 DOM
  7. 2026-09-15
    days on market $369,999 Active 265 DOM
  8. 2026-09-14
    days on market $369,999 Active 264 DOM
  9. 2026-09-13
    days on market $369,999 Active 263 DOM
  10. 2026-09-12
    days on market $369,999 Active 262 DOM
  11. 2026-09-11
    days on market $369,999 Active 261 DOM
  12. 2026-09-05
    days on market $369,999 Active 255 DOM
  13. 2026-09-04
    days on market $369,999 Active 254 DOM
  14. 2026-09-03
    days on market $369,999 Active 253 DOM
  15. 2026-08-30
    days on market $369,999 Active 249 DOM
  16. 2026-08-29
    days on market $369,999 Active 248 DOM
  17. 2026-08-28
    days on market $369,999 Active 247 DOM
  18. 2026-08-27
    days on market $369,999 Active 246 DOM
  19. 2026-08-26
    days on market $369,999 Active 245 DOM
  20. 2026-08-25
    days on market $369,999 Active 244 DOM
  21. 2026-08-24
    days on market $369,999 Active 243 DOM
  22. 2026-08-23
    pricedays on market $369,999 Active 242 DOM
  23. 2026-08-22
    days on market $379,999 Active 241 DOM
  24. 2026-08-21
    days on market $379,999 Active 240 DOM
  25. 2026-08-20
    days on market $379,999 Active 239 DOM
  26. 2026-08-19
    days on market $379,999 Active 238 DOM
  27. 2026-08-18
    days on market $379,999 Active 237 DOM
  28. 2026-08-16
    days on market $379,999 Active 235 DOM
  29. 2026-08-15
    days on market $379,999 Active 234 DOM
  30. 2026-08-13
    days on market $379,999 Active 232 DOM
  31. 2026-08-12
    days on market $379,999 Active 231 DOM
  32. 2026-08-11
    days on market $379,999 Active 230 DOM
  33. 2026-08-10
    days on market $379,999 Active 229 DOM
  34. 2026-08-09
    days on market $379,999 Active 228 DOM
  35. 2026-08-08
    days on market $379,999 Active 227 DOM
  36. 2026-08-07
    days on market $379,999 Active 226 DOM
  37. 2026-08-06
    days on market $379,999 Active 225 DOM
  38. 2026-08-05
    days on market $379,999 Active 224 DOM
  39. 2026-08-04
    days on market $379,999 Active 223 DOM
  40. 2026-08-03
    days on market $379,999 Active 222 DOM
  41. 2026-07-31
    days on market $379,999 Active 219 DOM
  42. 2026-07-30
    days on market $379,999 Active 218 DOM
  43. 2026-07-29
    days on market $379,999 Active 217 DOM
  44. 2026-07-27
    days on market $379,999 Active 215 DOM
  45. 2026-07-25
    days on market $379,999 Active 213 DOM
  46. 2026-07-24
    days on market $379,999 Active 212 DOM
  47. 2026-07-23
    days on market $379,999 Active 211 DOM
  48. 2026-07-22
    days on market $379,999 Active 210 DOM
  49. 2026-07-22
    days on market $379,999 Active 209 DOM
  50. 2026-07-18
    days on market $379,999 Active 206 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$40,729
− Mortgage interest
−$23,327
− Property taxes
−$6,247
− Insurance
−$2,082
− Repairs & maintenance
−$3,258
− Management
−$3,258
− Depreciation
−$12,115
Taxable loss
−$9,558
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,294
After-tax cash flow
$-65/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%
Common ancestry
Hispanic 8% Slovak 1% Serbian 1%
Foreign-born
32% · Canada, Jamaica
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

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