1782 Yankee Ter · North Port, FL 34286

$349,900

3 bd · 2.0 ba · 1,812 sqft · SingleFamily public records · 150 Days on market

Built 2021 10,000 sqft lot

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Why this score? — see what drove the F 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 +7.6/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

One or more photo(s) has been virtually staged. Well-maintained 2021-built home featuring 4 bedrooms, 2 bathrooms, and a dedicated office/den, situated on a private wooded backdrop in North Port. This property offers a functional open-concept layout designed for comfortable everyday living and flexible use of space. Interior features include hurricane shutters on all windows, a whole-house reverse osmosis system, and a mini-split A/C unit in the garage, providing additional climate-controlled space suitable for a variety of uses. The kitchen is appointed with quartz countertops, an oversized sink, a counter-height island, and a pantry with custom shelving for added storage. The main living area includes a custom accent wall, while the bedrooms feature individual design elements throughout. The primary suite includes a custom-built walk-in closet. The laundry room is equipped with additional cabinetry and shelving for organization. Exterior highlights include an extended, covered lanai overlooking a natural wooded area, offering added privacy. The property also features solar panels (buyer to assume lease at approximately $260/month; solar provider responsible for system maintenance), a small attached storage shed, and maintained landscaping. The oversized paver driveway and walkways provide additional parking and enhanced curb appeal. Conveniently located with access to I-75, shopping, dining, Wellen Park, and Gulf beaches.

Key facts

• Custom shelving
• Hurricane shutters
• Solar panels

Tags

• HURRICANE SHUTTERS
• MINI-SPLIT A C SYSTEM
• CUSTOM SHELVING
• EXTENDED ROOF-COVERED LANAI
• BACKS UP TO NATURAL WOODS
• SOLAR PANELS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-413 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $277k (20.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $247k (29.5% below list).
• Recommended offer: $247k (29.5% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.6% in North Port — 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 75/100 on livability (#252 in FL, #3,975 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities F, 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 (+1.1%/yr); 837 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 37% of the median local income ($81k/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 $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($308k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $42k; list at $350k implies a 723% 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→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,667 (29.5% 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 150 days. Have you received any prior offers? Is the seller open to a 30% 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. Schools are B-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?
6. 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?
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: 0.70% ✗
• Cap rate: 4.88%
• Cash-on-cash: -5.06%
• DSCR: 0.78
• GRM: 11.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.12% rent growth · sell at horizon

5-year hold

• IRR: -27.0%
• Equity multiple: 0.11×
• Total profit: $-87,564
• Equity at exit: $52,171

10-year hold

• IRR: -32.4%
• Equity multiple: -0.31×
• Total profit: $-128,187
• Equity at exit: $30,253

Cash invested: $97,972 (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 34286

• Home prices YoY: -9.5%
• Rents YoY: 1.1%
• Active inventory: 837
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $2,467 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$381 /mo · $4,568/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$518
• Net cashflow: $-413

Break-even live

Break-even rent $2,989

Max offer price $276,989

Occupancy floor —

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1430 Sun Market Pl North Port, FL	1.0–3.0	1.0–2.0	997	$1,820	$1.82	13d	11	0.88mi
3428 W Price Blvd North Port, FL	4.0	2.0	1858	$2,470	$1.33	14d	1	1.38mi

Listing history 17 events

1. 2026-06-13
   days on market $349,900 Active 150 DOM
2. 2026-06-13
   days on market $349,900 Active 149 DOM
3. 2026-06-10
   days on market $349,900 Active 147 DOM
4. 2026-06-09
   days on market $349,900 Active 146 DOM
5. 2026-06-08
   days on market $349,900 Active 145 DOM
6. 2026-06-08
   days on market $349,900 Active 144 DOM
7. 2026-06-05
   days on market $349,900 Active 141 DOM
8. 2026-06-03
   days on market $349,900 Active 140 DOM
9. 2026-06-02
   days on market $349,900 Active 139 DOM
10. 2026-06-01
    days on market $349,900 Active 138 DOM
11. 2026-05-31
    days on market $349,900 Active 137 DOM
12. 2026-04-17
    price $349,900 1447-char remark

    Show marketing remark (1447 chars)

    One or more photo(s) has been virtually staged. Well-maintained 2021-built home featuring 4 bedrooms, 2 bathrooms, and a dedicated office/den, situated on a private wooded backdrop in North Port. This property offers a functional open-concept layout designed for comfortable everyday living and flexible use of space. Interior features include hurricane shutters on all windows, a whole-house reverse osmosis system, and a mini-split A/C unit in the garage, providing additional climate-controlled space suitable for a variety of uses. The kitchen is appointed with quartz countertops, an oversized sink, a counter-height island, and a pantry with custom shelving for added storage. The main living area includes a custom accent wall, while the bedrooms feature individual design elements throughout. The primary suite includes a custom-built walk-in closet. The laundry room is equipped with additional cabinetry and shelving for organization. Exterior highlights include an extended, covered lanai overlooking a natural wooded area, offering added privacy. The property also features solar panels (buyer to assume lease at approximately $260/month; solar provider responsible for system maintenance), a small attached storage shed, and maintained landscaping. The oversized paver driveway and walkways provide additional parking and enhanced curb appeal. Conveniently located with access to I-75, shopping, dining, Wellen Park, and Gulf beaches.

13. 2026-03-04
    price $359,900 1447-char remark

    Show marketing remark (1447 chars)

    One or more photo(s) has been virtually staged. Well-maintained 2021-built home featuring 4 bedrooms, 2 bathrooms, and a dedicated office/den, situated on a private wooded backdrop in North Port. This property offers a functional open-concept layout designed for comfortable everyday living and flexible use of space. Interior features include hurricane shutters on all windows, a whole-house reverse osmosis system, and a mini-split A/C unit in the garage, providing additional climate-controlled space suitable for a variety of uses. The kitchen is appointed with quartz countertops, an oversized sink, a counter-height island, and a pantry with custom shelving for added storage. The main living area includes a custom accent wall, while the bedrooms feature individual design elements throughout. The primary suite includes a custom-built walk-in closet. The laundry room is equipped with additional cabinetry and shelving for organization. Exterior highlights include an extended, covered lanai overlooking a natural wooded area, offering added privacy. The property also features solar panels (buyer to assume lease at approximately $260/month; solar provider responsible for system maintenance), a small attached storage shed, and maintained landscaping. The oversized paver driveway and walkways provide additional parking and enhanced curb appeal. Conveniently located with access to I-75, shopping, dining, Wellen Park, and Gulf beaches.

14. 2026-01-14
    listed $365,000 Active 1447-char remark

    Show marketing remark (1447 chars)

    One or more photo(s) has been virtually staged. Well-maintained 2021-built home featuring 4 bedrooms, 2 bathrooms, and a dedicated office/den, situated on a private wooded backdrop in North Port. This property offers a functional open-concept layout designed for comfortable everyday living and flexible use of space. Interior features include hurricane shutters on all windows, a whole-house reverse osmosis system, and a mini-split A/C unit in the garage, providing additional climate-controlled space suitable for a variety of uses. The kitchen is appointed with quartz countertops, an oversized sink, a counter-height island, and a pantry with custom shelving for added storage. The main living area includes a custom accent wall, while the bedrooms feature individual design elements throughout. The primary suite includes a custom-built walk-in closet. The laundry room is equipped with additional cabinetry and shelving for organization. Exterior highlights include an extended, covered lanai overlooking a natural wooded area, offering added privacy. The property also features solar panels (buyer to assume lease at approximately $260/month; solar provider responsible for system maintenance), a small attached storage shed, and maintained landscaping. The oversized paver driveway and walkways provide additional parking and enhanced curb appeal. Conveniently located with access to I-75, shopping, dining, Wellen Park, and Gulf beaches.

15. 2020-08-21
    soldstatus $42,500
16. 2008-04-22
    soldstatus $162,000
17. 2006-06-14
    soldstatus $37,500

ⓘ 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: $4,568 · $381/mo
• Projected year-2 tax: $4,568 · $381/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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: $29,600
• − Mortgage interest: −$19,600
• − Property taxes: −$4,568
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,368
• − Management: −$2,368
• − Depreciation: −$10,179
• Taxable loss: −$11,233
• Est. tax savings @ 24.0%: +$2,696
• After-tax cash flow: $-2,257/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 — North Port

• Score: 75/100
• State rank: #252
• US rank: #3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Port, FL
• County: Sarasota County · 448,376 people
• City population: 75,324
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 22,534
• Household income: $80,553
• Rent vs Own: 20.6% rent · 79.4% own
• Severe rent burden: 545.0

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 (81%)
• Race & ethnicity: White 81% Hispanic / Latino 10% Two or more races 8% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 7% Lithuanian 4% Subsaharan African 2%
• Foreign-born: 9% · Canada
• Languages at home: 86% English-only · Spanish 7% Russian/Polish/Slavic 4% Other Indo-European 1%

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: ▼ -31.36%
• Current HPI: 297.3707
• Rent YoY: ▲ 1.12%
• 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

+833.1% since first listed

6 events — show timeline

• 2026-04-17 Price Changed $349,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-04 Price Changed $359,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Listed $365,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-21 Sold (Public Records) $42,500 Public Records
• 2008-04-22 Sold (Public Records) $162,000 Public Records
• 2006-06-14 Sold (Public Records) $37,500 Public Records

Property tax history

+25.2%/yr

Latest (2025): $4,568 · -7.2% YoY. Source: county tax records.