1922 19th Ave W · Bradenton, FL 34205

$325,000

5 bd · 2.5 ba · 1,870 sqft · SingleFamily public records · 1 Days on market

Built 1930 0.27 ac lot Est $381k · 15% under

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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 +28.8/30.0
• ARV discount +14.2/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

This home is perfect for multigenerational living . It has a completely separate mother-in-law apartment. The home is on a oversized lot . The roof and major components are new from 2017 . The home is in need of interior and cosmetic attention. The central ac unit is not working. They have installed individual wall units . Home is centrally located near public transportation, area hospitals, shopping, and award winning beaches .

Key facts

• 0.27 acre lot
• 2 garage spots
• Built 1930

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $668 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $325k).
• Cap rate 10.3% vs local median 3.6% in Bradenton — 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 81/100 on livability (#101 in FL, #1,528 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime D, amenities 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 (-2.4%/yr); 319 active listings in the ZIP; 3 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).
• At $4,275/mo this rent would consume 98% of the median local household income ($53k/yr) (locally 1736% 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 $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $205k; list at $325k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• 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 $325,000

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 1.32% ✓
• Cap rate: 10.33%
• Cash-on-cash: 14.43%
• DSCR: 1.64
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $381,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2309 21st Ave W	0.28mi	5/4.0	2,036 (+9%)	1mo	$415,000	$204	66
1110 27th Ave W	0.67mi	5/2.0	1,823 (-2%)	0mo	$260,000	$143	63
1713 10th Ave W	0.53mi	4/3.0 (-1)	1,926 (+3%)	4mo	$367,000	$191	60
2707 17th Ave W	0.51mi	4/2.5 (-1)	1,976 (+6%)	9mo	$470,000	$238	54
2611 27th Avenue Dr W	0.67mi	4/2.0 (-1)	1,835 (-2%)	6mo	$235,000	$128	54
2509 14th Ave W	0.44mi	4/2.0 (-1)	1,773 (-5%)	13mo	$450,000	$254	53
2210 25th Ave W	0.39mi	4/2.0 (-1)	1,784 (-5%)	20mo	$360,000	$202	50
719 22nd St W	0.70mi	4/2.5 (-1)	2,014 (+8%)	2mo	$349,000	$173	48
3006 21st Ave W	0.69mi	4/3.0 (-1)	1,799 (-4%)	9mo	$511,000	$284	48
2804 W 27th Ave Dr	0.71mi	4/2.0 (-1)	1,678 (-10%)	1mo	$349,000	$208	42
2504 22nd Ave W	0.40mi	4/2.0 (-1)	2,084 (+11%)	17mo	$370,000	$178	41
2814 23rd Ave W	0.62mi	4/2.0 (-1)	2,037 (+9%)	17mo	$450,300	$221	35

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: -6.9%
• Equity multiple: 0.75×
• Total profit: $-22,295
• Equity at exit: $48,459

10-year hold

• IRR: -2.2%
• Equity multiple: 0.87×
• Total profit: $-11,629
• Equity at exit: $28,100

Cash invested: $91,000 (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 →

ZIP-level market 34205

• Rents YoY: -2.4%
• Active inventory: 319
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $4,275 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$443 /mo · $5,319/yr
• Insurance: −$135
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$898
• Net cashflow: $668

Break-even live

Break-even rent $3,430

Max offer price $325,000

Occupancy floor 79%

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 19th Ave W Bradenton, FL	4.0	2.0	1750	$7,200	$4.11	23d	1	0.86mi
4215 18th Avenue Dr W Bradenton, FL	4.0	2.0	2031	$2,995	$1.47	10d	1	1.38mi
121 33rd Ave E Bradenton, FL	4.0	2.0	1365	$2,500	$1.83	23d	1	1.48mi

Listing history 7 events

1. 2023-09-01
   status Pending
2. 2023-08-31
   listed $325,000 Active
3. 2018-03-13
   soldstatus $205,000
4. 2003-02-06
   soldstatus $104,500
5. 2002-11-04
   soldstatus $104,000
6. 1998-10-20
   soldstatus $82,000
7. 1979-11-01
   soldstatus $64,000

ⓘ 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: $5,319 · $443/mo
• Projected year-2 tax: $5,319 · $443/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 AE · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $51,305
• − Mortgage interest: −$18,205
• − Property taxes: −$5,319
• − Insurance: −$6,744
• − Repairs & maintenance: −$4,104
• − Management: −$4,104
• − Depreciation: −$9,455
• Taxable income: $3,374
• Est. tax owed @ 24.0%: −$810
• After-tax cash flow: $7,207/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 — Bradenton

• Score: 81/100
• State rank: #101
• US rank: #1528

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bradenton, FL
• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 31,946
• Household income: $52,525
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1736.0

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 18% Black 10% Two or more races 9% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4% Cuban 1%
• Common ancestry: Hispanic 2% Romanian 2% Lithuanian 2%
• Foreign-born: 15% · Canada, Vietnam
• Languages at home: 78% English-only · Spanish 14% French/Haitian/Cajun 2% German/W. Germanic 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: ▼ -310.18%
• Current HPI: 369.8239
• Rent YoY: ▼ -2.43%
• 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

+407.8% since first listed

7 events — show timeline

• 2023-09-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-31 Listed $325,000 Stellar MLS as Distributed by MLS Grid
• 2018-03-13 Sold (Public Records) $205,000 Public Records
• 2003-02-06 Sold (Public Records) $104,500 Public Records
• 2002-11-04 Sold (Public Records) $104,000 Public Records
• 1998-10-20 Sold (Public Records) $82,000 Public Records
• 1979-11-01 Sold (Public Records) $64,000 Public Records

Property tax history

+17.8%/yr

Latest (2025): $5,319 · -1.2% YoY. Source: county tax records.