5636 Wind Catcher Way · Samoset, FL 34203

$35,000

2 bd · 2.0 ba · 960 sqft · SingleFamily · 14 Days on market

Built 1981 1,100 sqft lot

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

New carport, Country setting, Scenic picnic area, Newer stainless appliances 2 bed/ 2bath , newer central A/C n heating 2 ton. New carport. Newer stainless appliances, washer n dryer. large master bedroom with private bath. spacious living room. Lot rent is 1,100mo which includes your lawn care, cable, water, garbage, sewage, fitness center, dog park, storage lot space plus more. Situated within 10 miles of the Coastal U. S. , Windmill Manor is a gated community and features a plethora of community organized activities, a spacious clubhouse, a nice sized game room, billiards, shuffleboard courts, and a huge community swimming pool. A scenic picnic area also provides you with plenty of outd

Key facts

• Gated community
• New carport
• Spacious clubhouse

Tags

• NEW CARPORT
• NEWER STAINLESS APPLIANCES
• GATED COMMUNITY
• SPACIOUS CLUBHOUSE
• GAME ROOM
• COMMUNITY SWIMMING POOL

Property features AI

Exterior

• Home design: House; Living area approximately 960 (units not specified)
• Exterior features: Lot size approximately 1,100 (units not specified)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $35k).
• Cap rate 53.1% vs local median 4.3% in Samoset — 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 65/100 on livability (#645 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, amenities F, commute 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.
• Market conditions: Rents soft (-1.0%/yr); 384 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 35% of the median local income ($71k/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 $242 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $35,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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?
4. 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.
5. 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.
6. 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: 5.81% ✓
• Cap rate: 53.11%
• Cash-on-cash: 167.21%
• DSCR: 8.44
• GRM: 1.4

CMA / ARV

• ARV (on-the-fly): $183,360
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 53rd Ave E Unit L17	0.19mi	2/2.0	960 (0%)	21mo	$155,000	$161	74
5316 53rd Ave E Unit J8	0.25mi	2/2.0	972 (+1%)	15mo	$160,000	$165	74
4423 56th Avenue Ter E	0.46mi	2/1.0	948 (-1%)	8mo	$157,000	$166	66
5316 53rd Ave E Unit A46	0.28mi	2/2.0	1,032 (+8%)	19mo	$178,000	$172	59
5316 53rd Ave E Unit G6	0.28mi	2/2.0	864 (-10%)	15mo	$165,000	$191	58
4436 56th Avenue Ter E	0.42mi	3/1.0 (+1)	958 (-0%)	18mo	$285,000	$297	56
5707 45th St E #72	0.29mi	2/2.0	897 (-7%)	24mo	$152,500	$170	56
5316 53rd Ave E Unit F23	0.47mi	2/2.0	864 (-10%)	23mo	$165,000	$191	42
4435 E Drake Blvd	0.44mi	3/2.0 (+1)	1,052 (+10%)	21mo	$349,000	$332	41
4327 56th Avenue Dr E	0.54mi	2/2.0	1,100 (+15%)	15mo	$335,000	$305	38

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.69×
• Total profit: $75,369
• Equity at exit: $5,219

10-year hold

• IRR: —
• Equity multiple: 16.79×
• Total profit: $154,701
• Equity at exit: $3,026

Cash invested: $9,800 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 384
• Price-to-rent: 1.4×

Monthly cashflow live

• Estimated rent: $2,035 high
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $1,366

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 28%

Sensitivity live

Price	-10% $1,390	-5% $1,378	+0% $1,366	+5% $1,353	+10% $1,341
Rent	-10% $1,205	-5% $1,285	+0% $1,366	+5% $1,446	+10% $1,526
Rate	-1.0pp $1,383	-0.5pp $1,374	base $1,366	+0.5pp $1,356	+1.0pp $1,347

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5616 Gentle Breeze St Bradenton, FL	2.0	2.0	1100	$1,700	$1.55	24d	1	0.24mi
5707 45th St E #19 Bradenton, FL	2.0	2.0	972	$1,700	$1.75	24d	1	0.27mi
5316 53rd Ave E Unit Q111 Bradenton, FL	2.0	2.0	1056	$1,495	$1.42	11d	1	0.37mi
5016 Misty Canal Pl Bradenton, FL	2.0	2.5	1080	$1,950	$1.81	24d	1	0.84mi
4540 Runabout Way Bradenton, FL	2.0	2.5	1080	$2,300	$2.13	24d	1	0.88mi
4815 Woodbrook Dr Sarasota, FL	2.0	2.0	1080	$2,290	$2.12	3d	1	1.01mi
3645 Ali ala LOOP Braden River, FL	1.0	1.0	950	$1,400	$1.47	24d	1	1.04mi
3880 Palm Isle Pl Bradenton, FL	1.0–2.0	1.0–2.0	1042	$2,499	$2.40	2d	13	1.08mi
5515 Fair Oaks St Unit 5515 Bradenton, FL	2.0	2.0	1004	$2,000	$1.99	24d	1	1.15mi
5414 Fair Oaks St Unit 10-D Bradenton, FL	2.0	2.0	1004	$1,995	$1.99	3d	1	1.23mi
6501 Stone River Rd Unit Available Bradenton, FL	2.0	2.0	1118	$2,200	$1.97	24d	1	1.28mi
6501 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,820	$2.61	16d	2	1.28mi
6505 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,825	$2.62	16d	3	1.36mi
4665 Whitfield Ave Sarasota, FL	1.0–3.0	1.0–2.0	1023	$2,372	$2.32	2d	59	1.47mi

Listing history 11 events

1. 2026-06-18
   days on market $35,000 Active 14 DOM
2. 2026-06-17
   days on market $35,000 Active 13 DOM
3. 2026-06-16
   days on market $35,000 Active 12 DOM
4. 2026-06-15
   days on market $35,000 Active 11 DOM
5. 2026-06-13
   days on market $35,000 Active 9 DOM
6. 2026-06-13
   days on market $35,000 Active 8 DOM
7. 2026-06-10
   days on market $35,000 Active 6 DOM
8. 2026-06-09
   days on market $35,000 Active 5 DOM
9. 2026-06-08
   days on market $35,000 Active 4 DOM
10. 2026-06-08
    remarks 699-char remark
11. 2026-06-08
    listed $35,000 Active 3 DOM

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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: $24,417
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$1,953
• − Management: −$1,953
• − Depreciation: −$1,018
• Taxable income: $16,831
• Est. tax owed @ 24.0%: −$4,040
• After-tax cash flow: $12,347/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.

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

Livability — Samoset

• Score: 65/100
• State rank: #645
• US rank: #12763

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 (65%)
• Race & ethnicity: White 65% Hispanic / Latino 19% Two or more races 12% Black 9% Asian 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Vietnam, Dominican Republic
• Languages at home: 76% English-only · Spanish 16% Vietnamese 2% Other Indo-European 1%

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: —

Market trends

• HPI YoY: ▼ -95.87%
• Current HPI: 295.8871
• Rent YoY: ▼ -0.97%
• Metro: North Port-Sarasota-Bradenton, 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

Price history

1 event — show timeline

• 2026-06-04 Listed $35,000 ForSaleByOwner.com