806 Jolanda Cir · Venice, FL 34285

$135,000

2 bd · 2.0 ba · 1,055 sqft · Manufactured public records · 331 Days on market

Built 1979 4,143 sqft lot $229/mo HOA · 11% of rent

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Why this score? — see what drove the B 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 +29.5/30.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

A fantastic price point for this home with a desirable circular kitchen, loads of storage space. Roof over, vinyl siding, Newer washer and dryer, repiped supply plumbing, AC 2017, Membrane roof over, A huge space in the rear for loads of privacy, 2 car parking and a huge shed, Furnished and ready to move.   This one will not last long. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

Key facts

• Circular kitchen
• Huge shed
• 2 car parking

Tags

• CIRCULAR KITCHEN
• LOADS OF STORAGE SPACE
• HUGE SPACE IN THE REAR
• 2 CAR PARKING
• HUGE SHED
• FURNISHED AND READY TO MOVE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $482 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#129 in FL, #1,925 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, commute F.
• Sarasota (urban): math 63% / reading 63% proficiency, ranked #7 of 73 in FL (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 35% of the median local income ($68k/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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $38k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 331 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y 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.
• Current owner paid $80k; list at $135k implies a 69% gain — meaningful room to come down on a strong offer.

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 $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 331 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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.
8. 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.
9. 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: 1.49% ✓
• Cap rate: 10.58%
• Cash-on-cash: 15.31%
• DSCR: 1.68
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 12.2%
• Equity multiple: 1.52×
• Total profit: $19,565
• Equity at exit: $20,129

10-year hold

• IRR: 25.2%
• Equity multiple: 3.79×
• Total profit: $105,365
• Equity at exit: $11,672

Cash invested: $37,800 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,006 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$109 /mo · $1,309/yr
• Insurance: −$56
• HOA: −$229
• Vacancy / Maint / Mgmt: −$421
• Net cashflow: $482

Break-even live

Break-even rent $1,395

Max offer price $135,000

Occupancy floor 71%

Sensitivity live

Price	-10% $559	-5% $520	+0% $482	+5% $444	+10% $406
Rent	-10% $324	-5% $403	+0% $482	+5% $561	+10% $641
Rate	-1.0pp $550	-0.5pp $516	base $482	+0.5pp $447	+1.0pp $412

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $229 · $2,748/yr
• Likely covers: poolgym

Listing history 19 events

1. 2026-06-18
   days on market $135,000 Active 331 DOM
2. 2026-06-17
   days on market $135,000 Active 330 DOM
3. 2026-06-15
   days on market $135,000 Active 328 DOM
4. 2026-06-13
   days on market $135,000 Active 326 DOM
5. 2026-06-13
   days on market $135,000 Active 325 DOM
6. 2026-06-10
   days on market $135,000 Active 323 DOM
7. 2026-06-09
   days on market $135,000 Active 322 DOM
8. 2026-06-08
   days on market $135,000 Active 320 DOM
9. 2026-06-05
   days on market $135,000 Active 317 DOM
10. 2026-06-03
    days on market $135,000 Active 316 DOM
11. 2026-06-02
    days on market $135,000 Active 315 DOM
12. 2026-06-01
    days on market $135,000 Active 314 DOM
13. 2026-05-31
    days on market $135,000 Active 313 DOM
14. 2025-07-22
    listed $135,000 Active 985-char remark

    Show marketing remark (985 chars)

    A fantastic price point for this home with a desirable circular kitchen, loads of storage space. Roof over, vinyl siding, Newer washer and dryer, repiped supply plumbing, AC 2017, Membrane roof over, A huge space in the rear for loads of privacy, 2 car parking and a huge shed, Furnished and ready to move.   This one will not last long. Venice Isle is the premier resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active residents. There is always something going on for you to do. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk through both of our 2 clubhouses and make yourself at home. The Park has 2 tennis courts, a fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ballrooms, Sunday services and much more!

15. 2014-03-07
    soldstatus $80,000
16. 2014-02-27
    soldstatus $80,000 798-char remark

    Show marketing remark (798 chars)

    Home is neat and clean as can be, ready to move right into with everything from forks to sheets, great roof over, siding, good AC and appliances, Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homeswith the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

17. 2014-01-29
    listed $82,500 798-char remark

    Show marketing remark (798 chars)

    Home is neat and clean as can be, ready to move right into with everything from forks to sheets, great roof over, siding, good AC and appliances, Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homeswith the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

18. 2011-10-21
    soldstatus $75,500
19. 2005-05-01
    soldstatus $115,000

ⓘ 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: $1,309 · $109/mo
• Projected year-2 tax: $1,309 · $109/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,067
• − Mortgage interest: −$7,562
• − Property taxes: −$1,309
• − Insurance: −$675
• − Repairs & maintenance: −$1,925
• − Management: −$1,925
• − HOA: −$2,748
• − Depreciation: −$3,927
• Taxable income: $3,995
• Est. tax owed @ 24.0%: −$959
• After-tax cash flow: $4,827/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: Sarasota
• NCES district ID: 1201680
• Math proficiency: 63% ▼ -8.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $51,167
• Composite: 53.68/100
• National rank: #1428
• State rank: #7 of 73 in FL

Livability — Venice

• Score: 80/100
• State rank: #129
• US rank: #1925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 18,677
• Household income: $68,301
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 747.0

Population outlook (Sarasota County) Hauer SSP2

• Today (2025): 452,380 people
• By 2030: 474,175 · +4.8%
• By 2040: 511,577 · +13.1%
• By 2050: 541,467 · +19.7%
• By 2075: 604,947 · +33.7%
• By 2100: 621,965 · +37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 5% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 2%

Political lean MEDSL · Sarasota

• 2024 margin: R (+18.2) · D 40.5% · R 58.7%
• 2008→2024 swing: -18.1pp toward R · 2008: -0.1pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+10.4 2016: R+11.6 2012: R+7.4 2008: R+0.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -329.42%
• Current HPI: 264.6389
• Rent YoY: ▲ 8.78%
• 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

+17.4% since first listed

6 events — show timeline

• 2025-07-22 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2014-03-07 Sold (Public Records) $80,000 Public Records
• 2014-02-27 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2014-01-29 Listed $82,500 Stellar MLS as Distributed by MLS Grid
• 2011-10-21 Sold (Public Records) $75,500 Public Records
• 2005-05-01 Sold (Public Records) $115,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $1,309 · +4.6% YoY. Source: county tax records.