Exceptional value: $99.9K price point is 50-60% below comparable market rates. 3BR in Lakewood Ranch ZIP (34243) commands $3,377/month SHA standard. Delivers $1,359/month cash flow, 22.7% cap rate, and 46.6% cash-on-cash return. Auction property at below-market indicates distressed seller. HQS risk manageable (pre-1973 but townhome in established community). This is the strongest deal in the batch by far.
HQS: Mediumauction property101 days on marketsignificant price discount below market
Outstanding deal: $1,281/month cash flow, 14.5% cap rate, 29% CoC return—among the strongest metrics in batch. Described as newly remodeled with community amenities. No HOA. Owner financing available signals flexibility. Built 1973 requires lead paint verification, but claimed remodel suggests major work done. 4-day sale indicates either strong demand or excellent pricing. High income potential with 3BR/3BA layout and negligible HOA drag.
HQS: Lowowner financing available (positive—indicates motivated seller flexibility)
Excellent cash flow of $1,204/month ($18K+ annually) on modest $125K investment. 21.4% CoC return is outstanding. Short sale presentation but 3BR/2.5BA in desirable Lakewood Ranch area. 1973 construction needs medium HQS updates (~$15K estimated). HOA is high at $476/month (14% of rent) but still cash-flow positive. This is a strong value-add opportunity if short sale closes smoothly.
HQS: Mediumshort sale243 days on marketverify HOA does not prohibit Section 8 rentals1973 construction - verify electrical, plumbing, HVAC condition
Outstanding metrics: $1,120/month cash flow, 11.3% cap rate, 21.4% CoC return. Built 2018 ensures low HQS risk. Recent price reduction after 46 days signals motivated seller. Assumable loan at 2.75% is a major advantage and could improve returns further. This is the strongest deal in the batch—high income potential with new construction reliability. Minimal repair needs.
HQS: Lowprice adjustment after 46 days (motivated seller signal)
Excellent 4-bedroom investment with robust $1,029 monthly cash flow and impressive 11.3% cap rate on the $3,531 Section 8 payment standard. The 1990 build year is solid for a Florida property, requiring medium-risk cosmetic updates and minor systems work ($4,500 estimate seems reasonable). South Venice location with multiple room configurations offers flexibility. Short-sale status signals motivated seller with negotiation potential.
EXCEPTIONAL outlier: Palmetto 2BR at $65K with $929/month cash flow, 52.9% CoC, and 23.4% cap rate. These metrics suggest either severely distressed property requiring significant HQS work or data anomaly. Investigate condition thoroughly—this deal appears too good unless property has material defects (foundation, roof, systems). If sound, this is portfolio-building opportunity.
HQS: Mediumextremely low purchase price relative to rental incomeverify property condition—cap rate/CoC ratios suggest possible structural or system issues
EXCEPTIONAL Palmetto deal: $67K 2BR with $919/month cash flow, 51.6% CoC, and 22.9% cap rate. Similar risk profile to 138 Capri Dr—pricing suggests property requires inspection for HQS compliance risk. If condition is acceptable, this is outstanding Section 8 rental opportunity in affordable Palmetto market.
HQS: Mediumextremely attractive pricing relative to SHA payment standardverify property condition—confirm why pricing is below expected Section 8 entry point
Exceptional North Port 3BR with strong monthly cash flow of $886 and 10.9% cap rate. Built 2005 with minimal HQS concerns. Only 7 days on market but marked 'priced to sell'—solid fundamentals make this a premium Section 8 investment.
Exceptional deal: $60K purchase, $1,815 SHA rent, and only $936/month expenses yield $878/month cash flow (24% cap rate, 52.7% CoC). Year built unknown raises HQS uncertainty—prioritize inspection before closing to verify building condition and systems compliance.
HQS: Mediumyear_built_unknown
4387 NEW MILFORD ST, NORTH PORT
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$2,904
Cash Flow$854/mo
Cap Rate11.5%
CoC Return20.7%
Down (20%)$40,000
Repairs$4,500
HOA/mo $0
Total Cash In$49,500
1.45% rule (rent/price)
Outstanding opportunity: brand-new 2023 LGI Homes construction in affordable North Port delivers $854 monthly cash flow, 11.5% cap rate, and 20.7% CoC return. Low HQS risk with just light flooring TLC needed ($4,500 estimate). Short-sale status and bankruptcy timeline (120-day response) indicate distressed seller willing to accept below-market pricing on a new asset.
HQS: Lowshort salebankruptcy short sale120-day approval timeline
Solid 3-bedroom North Port investment with $765 monthly cash flow and strong 10.7% cap rate. The 2004 build year is reliable with 3-year-old roof and brand-new curb appeal, presenting low HQS risk with minimal $1,800 cosmetic work. Property is vacant and move-in ready—excellent condition for immediate Section 8 occupancy.
Freshly renovated 2004 3BR at $260K with new vinyl flooring, light fixtures, baseboards, faucets—2026 updates throughout. Generates strong $3,223 rent, 9.8% cap rate, 15.1% CoC return, and outstanding $731 monthly cash flow. Minimal HQS risk and repair costs. One of the strongest cash flow performers in batch.
Exceptional deal with $685/month cash flow and 28.4% CoC return. Parrish 2BR at $1,925 SHA payment standard offers strong rental income relative to sub-$105K purchase price. 14.2% cap rate well exceeds Section 8 rental target. Unknown condition warrants inspection, but pricing allows cushion for repairs.
Standout North Port deal at $87.5K with $675/month cash flow, 15.6% cap rate, and exceptional 31.8% CoC return. Year built unknown is the only concern—this property warrants priority HQS inspection and should be aggressively pursued if building passes standards.
HQS: Mediumyear_built_unknown
2920 Pascal Ave, North Port, FL 34286
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$3,223
Cash Flow$670/mo
Cap Rate9.4%
CoC Return13.4%
Down (20%)$53,980
Repairs$1,200
HOA/mo $0
Total Cash In$60,180
1.19% rule (rent/price)
Well-maintained 2000 3BR with newer systems: roof (2023), water heater (2024), AC (2021), high-end vinyl flooring. Hits $3,223 payment standard generating 9.4% cap rate, 13.4% CoC, and solid $670 monthly cash flow. Low HQS risk given recent system updates.
Best deal in batch. Exceptional 11.0% cap rate and 16.1% CoC return. 3BR/1BA in Arcadia delivers $658/month cash flow on modest $170K investment. Recent updates (flooring, hot water heater, paint, baseboard) signal good maintenance and low HQS risk. No HOA. Strong fundamentals: good rent-to-price ratio, strong cash flow, low repair risk. Section 8 tenants benefit from extra bedroom. Solidly cash-flowing from day one.
Excellent Section 8 opportunity at $98.8K with $639/month cash flow and 14.2% cap rate. CoC return of 27.6% ranks among batch best. Year built unknown—standard inspection recommendation, but numbers support pursuit.
HQS: Mediumyear_built_unknown
2750 SW Bungalow St, Arcadia, FL 34266
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$1,815
Cash Flow$638/mo
Cap Rate14.1%
CoC Return27.5%
Down (20%)$19,800
Repairs$3,000
HOA/mo $0
Total Cash In$27,800
1.83% rule (rent/price)
Solid performer at $99K with $638/month cash flow and 14.1% cap rate. CoC return of 27.5% is excellent for Section 8 rental. Year built unknown—budget $3K for HQS compliance work and request property inspection.
HQS: Mediumyear_built_unknown
5436 N CHAMBERLAIN BLVD, NORTH PORT
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$3,223
Cash Flow$638/mo
Cap Rate9.2%
CoC Return11.9%
Down (20%)$55,000
Repairs$4,500
HOA/mo $0
Total Cash In$64,500
1.17% rule (rent/price)
Excellent new-construction short sale in North Port with low HQS risk: 2023-built, major systems sound, just needs light TLC flooring work. Strong $3,223 payment standard rent (34286 zip code premium) generates $638/month cash flow and 11.9% CoC return, exceeding the 10% threshold. Recently listed (2 days) short sale on new construction suggests seller motivation and potential negotiation room.
HQS: Lowshort sale2 days on marketleased solar panels—verify assignability to tenant or buyout terms
North Port 34286 zip unlocks higher $3,223 payment standard. 1996 construction (no lead paint), spacious 1,681 sqft with cathedral ceilings and tile flooring. Delivers 9.2% cap rate, 12.2% CoC, and solid $638 monthly cash flow with low HQS risk. Virtual staging noted but doesn't materially affect fundamentals.
North Port 4BR at $223K offers excellent metrics: 9.7% cap rate, 13.9% CoC return, and strong $620 monthly cash flow. Described as move-in ready with NEW 2026 HVAC, roof (2022), electrical panel (2022)—all major systems recently updated. Low HQS risk. 56 days on market is concerning but may reflect market timing rather than property defects.
HQS: Low56 days on market—longest-listed in batch, but major systems recently updated suggest it's worth wait
Exceptional value proposition: this 1981 2-bedroom near Venice beaches achieves 10.6% cap rate and 14.5% CoC return on just $163,000 investment, with $574/month cash flow covering all expenses comfortably. The $10,000 repair estimate is reasonable for a 40-year-old property needing appliances and flooring updates—HQS-compliant work. Low asking price and near-beach location make this a strong rental play despite auction status.
Strong North Port performer at $105.5K with $564/month cash flow, 12.8% cap rate, and 23.3% CoC return. Smaller sqft (720) requires careful HQS inspection—verify room sizes meet habitability standards. Year built unknown but price supports investigation.
HQS: Mediumyear_built_unknownsmaller_sqft
214 Lazy River Rd, North Port, FL 34287
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$1,771
Cash Flow$536/mo
Cap Rate12.2%
CoC Return21.5%
Down (20%)$22,000
Repairs$3,000
HOA/mo $0
Total Cash In$30,000
1.61% rule (rent/price)
Strong North Port rental at $110K with $536/month cash flow and 12.2% cap rate. CoC return of 21.5% is solid. Year built unknown—pursue HQS inspection to confirm compliance, but fundamentals support this Section 8 investment.
HQS: Mediumyear_built_unknown
3615 Adelia Dr, Parrish, FL 34219
Strong Cash Flow
Purchase Price
$
Mo. Rent (SHA)$1,925
Cash Flow$532/mo
Cap Rate11.3%
CoC Return18.8%
Down (20%)$25,980
Repairs$3,000
HOA/mo $0
Total Cash In$33,980
1.48% rule (rent/price)
Solid performer with $532/month cash flow and 18.8% CoC on ~$130K investment. 11.3% cap rate is strong for Sarasota County. Parrish location offers affordability. SHA payment standard of $1,925 provides reliable income floor for Section 8 tenants.
Similar profile to 3615 Adelia with $532/month cash flow, 18.8% CoC, and 11.3% cap rate. Slightly larger unit at 1,232 sqft provides added appeal for Section 8 tenant retention. Good fit for Parrish buy-box at $129,900.
Well-maintained 2005 build in North Port with solid metrics: $517 monthly cash flow, 8.8% cap rate, 10.5% CoC. Fresh paint and split-bedroom layout attract tenants. Higher purchase price ($255k) vs. similar units reflects good condition and HQS readiness.
Solid Palmetto performer: $145K purchase with $440/month cash flow, 14.3% CoC, and 10.0% cap rate. Meets all strong cash flow thresholds. Mid-priced entry point offers better risk profile than ultra-low deals while maintaining attractive returns for Section 8 rental.
Excellent entry-point deal: Sarasota 2BR/2BA at $129,900 with $405/month cash flow, 14.3% CoC, and 10.1% cap rate. Meets all strong cash flow criteria. Lower SHA payment standard ($1,760 vs. Parrish $1,925) is offset by lower purchase price relative to market. Good value for Sarasota County.
Exceptional entry price at $118K with strong fundamentals: 10.4% cap rate, $390/month cash flow, 12.1% CoC return. Described as move-in ready with newer A/C and impact windows. Sold in 2 days, suggesting strong market demand or potentially underpriced. Low repair estimate ($10K) indicates minimal HQS risk. Excellent deal for Section 8 rental despite HOA at $428.
HQS: Lowrapid 2-day sale (underpriced or strong demand signal)
Borderline strong deal with $353/month cash flow and 10.7% CoC at $159K price point. Cap rate of 9.1% meets minimum threshold. Price premium over lower-numbered properties suggests higher quality or location premium—verify condition to justify cost.
Spacious 1,639 sqft unit offers premium appeal for Section 8 placement, supporting $347/month cash flow and 10.4% CoC at $159,900. Cap rate of 9.0% is acceptable if property is move-in ready. Larger square footage may reduce vacancy risk versus smaller 2BR units.
Solid Sarasota performer: $344/month cash flow, 11.5% CoC, and 9.3% cap rate at $139,900. Larger 1,500 sqft unit appeals to Section 8 tenants. Slightly higher price than 3121 Lamplighter but larger square footage justifies premium. Meets strong cash flow thresholds with acceptable cap rate.
Arcadia's affordable market delivers solid metrics: $330/month cash flow, 9.0% cap rate, 8.8% CoC return. Recent bathroom remodel and new roof are positive HQS indicators. Small footprint (748 sqft) appeals to Section 8 tenants. 1950 construction requires lead-safe verification but remodels suggest active maintenance. Good value at $149K with no HOA. Arcadia's distance from coast is mitigated by strong job market.
HQS: Medium224 days on marketpre-1978 construction - require lead disclosure and inspectionsmall property may limit tenant pool
STRONGEST DEAL IN BATCH. Positive cash flow of $175/month with cap rate of 7.3% meets investment criteria. 'Beautifully renovated from top to bottom' indicates low HQS compliance risk despite 1970 build. No HOA is critical advantage. Primary suite, LVP flooring, and open floor plan appeal to Section 8 tenants.
HQS: LowQuick listing (3 days)NEW! language suggests urgencyBuilt 1970 (pre-1978): Verify lead paint abatement completed
Arcadia's strongest candidate: fully renovated with new roof, updated HVAC, fresh paint, and modern appliances. Delivers positive monthly cash flow ($170) and solid 7.6% cap rate. No HOA and minimal repair needs ($1,200 cosmetic reserve) maximize cash flow. Move-in ready status minimizes inspection risk. This is a textbook Section 8 property—low risk, positive returns, established market with affordability.
HQS: Low63 days on market — opportunity to negotiate
This 3-bedroom offers exceptional metrics—12.5% cap rate and 16.6% CoC return—with strong $3,377 payment standard rent in Sarasota. However, the 1973 build year carries significant HQS risk: pre-1978 construction triggers lead-paint disclosure requirements, and $25,000 in estimated repairs likely understates costs for lead abatement, HVAC, and electrical system updates. Section 8 inspection could fail without full lead testing and mitigation.
HQS: High65 days on marketpre-1978 construction requires lead-paint disclosure and likely abatement (HQS-critical)repair estimate of $25k may be underestimated for 1973 property$476/month HOA
Solid deal economics: $894/month cash flow, 11.8% cap rate, 13% cash-on-cash. Strong price point ($199K for 3BR) indicates motivated seller. However, as-is listing stating 'needs TLC' and 1972 build year signal deferred maintenance. $37.5K repair estimate reflects HVAC, electrical, plumbing, and lead abatement likely needed for HQS pass. Cap rate justifies repair investment if inspections confirm scope. Negotiate repair contingency before closing.
HQS: Highas-is listing61 days on market'needs TLC' descriptorPre-1972 — lead paint disclosure requiredHQS compliance uncertain pending inspectionSeller has knowledge limitations on property condition
Strong cash flow metrics ($741/month, 32.7% CoC, 15.7% cap rate) are overshadowed by lot-based listing. Mobile home or MH community lot properties face HQS compliance complexity: anchoring, foundation, utilities, community restrictions, and chattel lien considerations. Verify lot lease terms, community rules on Section 8 rentals, and whether property qualifies for standard HQS (vs. MH-specific requirements). Repair costs likely higher due to MH-specific systems.
HQS: Highlot-based property (possible mobile home)verify unit type and community rental policiesconfirm HQS applicability for manufactured housingreview lot lease terms and community restrictions on Section 8 placement
Strong cap rate (10.4%) and solid monthly cash flow ($603) make this attractive, but 1972 construction with pre-1978 lead paint disclosure requirement and $25K estimated repairs for HQS compliance present moderate risk. Arcadia market offers good 3BR payment standard at $2,409.
HQS: Medium36 days on marketPre-1978 property—lead paint disclosure requiredSignificant HQS repairs needed despite "clean" description
Outstanding cap rate of 12.6% and 13.2% CoC return at ultra-low entry price ($110K). Arcadia offers affordable market with strong cash flow. However, built 1961 with pre-1978 lead paint liability and "solid bones and genuine potential" language indicates significant renovation work needed. $25K repair estimate reflects expected work. Verify structural integrity, roof condition, and full lead disclosure. Potential value-add play if prepared for renovation; otherwise, repairs may eliminate margin.
HQS: Highbuilt 1961 (pre-1978 lead paint liability)"solid bones and genuine potential" = requires renovation1-bath for 2BR (may be adequate but verify condition)high repair estimate ($25K) suggests substantial work needed
Strong metrics on paper: 9.1% cap rate, $566/month cash flow, no HOA. However, auction property with major red flags: occupied, as-is, NO property disclosure, NO inspection reports, NO interior photos, seller prohibits access. $37.5K repair estimate reflects 1972 build needing modernization. HQS compliance uncertain without inspection—could face significant inspection failures (electrical, plumbing, HVAC, lead paint). Only pursue if seller allows pre-purchase inspection.
HQS: Highauction propertyoccupiedas-is saleonly 20 days on marketNO property disclosureNO inspection reports availableNO interior photosOccupied — seller does not allow accessPre-1972 — lead paint disclosure requiredCannot verify HQS compliance before purchase
Strong metrics: 10.8% cap rate, $509/month cash flow, 10.5% CoC return. However, three critical issues: (1) built 1968 with pre-1978 lead paint liability; (2) $25K repair estimate suggests significant HQS work needed; (3) 55+ active community likely restricts tenants to age 55+, which may limit Section 8 pool. Verify HOA allows rentals and Section 8 tenants before pursuing.
HQS: Highbuilt 1968 (pre-1978 lead paint liability)55+ community (may restrict Section 8 tenant pool)high repair estimate suggests substantial work neededverify 55+ HOA permits rental to non-seniors
Brand-new 2023 construction with stainless steel appliances—HQS approval is near-certain. However, cash-on-cash of 9.7% is just below the 10% threshold, and $486 monthly cash flow is modest for the higher price point. List only 1 day suggests strong market demand; consider negotiating down.
HQS: Lowvirtually staged1 day on market (high demand)
4BR at $259K commands strong $2,882 payment standard, generating 8.6% cap rate and $474 monthly cash flow. However, 1968 construction with $25K repair estimate for HQS compliance (lead paint, systems) limits appeal. CoC return of 7% is acceptable but not strong given high repair risk.
HQS: High20 days on marketPre-1978 property—lead paint disclosure required1968 build year signals major system upgrades may be neededHigh HQS repair estimate despite move-in description
This 3-bedroom project property in North Port offers decent 8.5% cap rate and $2,959 payment standard rent, but cash-on-cash return of 9.0% falls below the 10% target. The $270,000 purchase price is high for the area, and 'handyman' cosmetic work required suggests flooring and paint updates. Good bones structure, but tight cash flow ($466/month) leaves limited cushion for vacancy or repairs.
Good 9.0% cap rate and $443/month cash flow are attractive. No HOA is a significant advantage. However, built 1950 creates pre-1978 lead paint liability and "full of potential" language signals substantial needed repairs. $25K repair estimate reflects expected HQS work. Price improvement (reduction) after 43 days indicates prior market difficulty. Corner lot with flexibility is positive; verify for flood zone and structural issues.
HQS: Highprice reduction/improvement after 43 daysbuilt 1950 (pre-1978 lead paint liability)"full of potential" = significant work required7.5% CoC return is modest given $25K repair needs1-bath for 3BR may need updating
New 2006 construction on quiet cul-de-sac with high-quality masonry. Monthly cash flow ($425) and cap rate (8.3%) are solid, but 8.5% CoC falls short of 10% target. Minimal repair reserve needed ($1,200) is a plus. Negotiate purchase price to improve returns.
Solid North Port property at $129.9K with $414/month cash flow and 10.2% cap rate—right at threshold. CoC return of 14.6% is respectable. Year built unknown and thin cash flow margins suggest this requires HQS inspection and contingency planning before commitment.
HQS: Mediumyear_built_unknown
4127 Snowdrop St, North Port, FL 34288
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$2,904
Cash Flow$393/mo
Cap Rate8.1%
CoC Return7.5%
Down (20%)$55,000
Repairs$3,000
HOA/mo $0
Total Cash In$63,000
1.06% rule (rent/price)
Brand-new 2022 construction (lowest HQS risk) with tropical landscaping and excellent curb appeal. However, $275K purchase price is premium for North Port 34288 zip, which yields lower $2,904 payment standard. Results in only $393 monthly cash flow and 7.5% CoC return—numbers don't justify the new-build premium compared to other 34286 properties. Would require price reduction or longer hold period for appreciation play.
HQS: Low10 days on marketPremium pricing for North Port—newer doesn't always mean better cash flow
Bradenton 2BR with acceptable metrics (9.0% cap, 10.6% CoC, $389 monthly CF), but critical data missing: no year built, no sqft, no description. Cannot assess lead paint risk or HQS readiness. Require full property inspection and disclosure before committing.
HQS: Mediummissing year built - cannot assess lead paint riskno sqft data providedno property description
3635 Parkridge Cir Unit 10-101, Sarasota, FL 34243
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$3,377
Cash Flow$354/mo
Cap Rate8.0%
CoC Return6.9%
Down (20%)$53,980
Repairs$3,000
HOA/mo $434
Total Cash In$61,980
1.25% rule (rent/price)
Built 2006 (low HQS risk), sold in just 5 days, and has solid 8.0% cap rate. However, 6.9% cash-on-cash return is modest for the capital invested ($62K). Located in gated Parkridge community (34243 highest FMR in market). Verify HOA allows Section 8 rentals and check gate/gated community rental policy before committing.
HQS: Lowgated community (verify HOA permits Section 8 rentals)first floor (check for elevator/accessibility)
Solid 7.9% cap rate with $354/month cash flow, but 6.1% CoC return is weak for the capital deployed. Located at upscale Palm Aire Country Club (gated community) with furnished unit. Property sat 52 days despite amenities, suggesting limited demand. Critical issues: verify country club HOA allows Section 8 rentals; furnished unit may restrict tenant pool. Potential lease restrictions from country club.
HQS: Low52 days on market despite upscale amenitiescountry club/gated community (verify HOA permits Section 8)furnished unit may indicate lease restrictions or short-term rental intent onlyverify no rental restrictions from country club
Solid 8.3% cap rate in Arcadia (affordable market). Recent impact window/door upgrades (2024) are positive for HQS. $351/month cash flow is modest but adequate. No HOA is a major plus. However, built 1962 creates pre-1978 lead paint liability despite recent improvements. Price reduction after 52 days signals prior market difficulty. Property has 1-bath for 3BR (may need second bath). Conservative approach: negotiate further or verify full disclosure on lead and other structural issues.
HQS: Mediumprice reduction after 52 days (suggests prior listing challenge)built 1962 (pre-1978 lead paint liability)1-bath for 3BR (may need bathroom addition for HQS compliance)
Bradenton 2BR with solid metrics: 9.1% cap rate, 10.6% CoC, $319 monthly cash flow. However, year built is missing—critical for lead paint assessment. No property description provided. Metrics justify investigation, but require full disclosure, inspection, and confirmation of no HOA/rental restrictions before proceeding.
HQS: Mediummissing year built - cannot assess lead paint riskno property description or photos provided
1969 concrete block home in affordable 34287 zip generating $2,321 rent. Cap rate of 8.1% and monthly cash flow of $313 are adequate, but CoC return of only 5.2% combined with HIGH HQS repair estimate of $25K (pre-1978 lead paint, aging systems) makes this marginal. Property description lacks detail, raising questions about true condition. Interesting mother-in-law suite option complicates standard Section 8 eligibility.
HQS: High10 days on marketPre-1978 property—lead paint disclosure required1969 build year indicates major system upgrades needed$25K HQS repair estimate suggests substantial work requiredMother-in-law suite configuration may complicate Section 8 eligibility—verify HUD rules
Marginal performer: $312/month cash flow and 9.1% CoC fall slightly short of Strong Cash Flow threshold at $165,700 list price. Cap rate of 8.6% is acceptable. Would require negotiation below asking price or verified move-in-ready condition to recommend.
1960 property listed as "beautifully remodeled" and "brand-new construction" quality, suggesting moderate HQS risk manageable with $10K reserves. Cap rate of 7.9% is solid, but monthly cash flow of $295 (just under $300) and CoC of 5.8% are on the weak side. Strong only if repairs are minimal.
HQS: Medium13 days on marketPre-1978 property—lead paint disclosure requiredVery small (975 sqft) limits tenant appeal
Marginal deal: $291/month cash flow and 8.4% CoC fall short of strong cash flow criteria at $169K price. Cap rate of 8.5% is marginal. Would need seller concessions, below-asking negotiation, or verified move-in-ready condition to meet return targets.
Marginal at $150K with $290/month cash flow and 9.2% CoC return just below 10% threshold. Largest sqft in North Port batch (1334) offers flexibility but premium pricing. Year built unknown. Better-performing North Port properties exist at similar or lower price points.
HQS: Mediumyear_built_unknownlow_coc_return
2357 SE Piper St, Arcadia, FL 34266
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$1,815
Cash Flow$284/mo
Cap Rate8.6%
CoC Return8.7%
Down (20%)$31,300
Repairs$3,000
HOA/mo $0
Total Cash In$39,300
1.16% rule (rent/price)
Marginal at $156.5K with $284/month cash flow and 8.7% CoC return below 10% threshold. Year built unknown adds HQS risk. Would need price reduction to $130-140K range or significant seller repairs to justify investment.
HQS: Mediumyear_built_unknownlow_coc_return
5612 Grand Ct, North Port, FL 34287
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$1,771
Cash Flow$259/mo
Cap Rate8.4%
CoC Return8.0%
Down (20%)$31,000
Repairs$3,000
HOA/mo $0
Total Cash In$39,000
1.14% rule (rent/price)
Marginal North Port property at $155K with $259/month cash flow and only 8% CoC return. Year built unknown. Superior North Port options exist (Holiday Park, Blackburn); prioritize those with better cash-on-cash multiples before reconsidering this deal.
HQS: Mediumyear_built_unknownlow_coc_return
2189 Lynx Run #2189, North Port, FL 34288
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$2,904
Cash Flow$256/mo
Cap Rate7.7%
CoC Return5.7%
Down (20%)$45,800
Repairs$3,000
HOA/mo $420
Total Cash In$53,800
1.27% rule (rent/price)
2000 community property with low HQS risk and $2,904 rent standard. Cap rate of 7.7% is acceptable, but $420/month HOA heavily impacts returns—only $256 monthly cash flow and 5.7% CoC. MUST verify HOA allows Section 8 rentals and investigate what that premium HOA covers (clubhouse, security, amenities). Requires price negotiation to be viable.
HQS: Low13 days on marketVirtually staged photosVery high HOA at $420/month—nearly 14% of rent—verify no rental restrictions
Brand-new 2024 townhome with move-in-ready condition and zero HQS risk, offering solid 7.7% cap rate on the $2,618 payment standard for Sarasota 34241. Monthly cash flow of $253 is healthy for a 2-bedroom, but cash-on-cash return of 5.7% falls short of the 10%+ threshold due to the $46,980 down payment on this higher-priced unit. Short-sale status may provide negotiation leverage.
Below-threshold Sarasota deal: $251/month cash flow, 7.7% CoC, and 8.3% cap rate miss strong cash flow marks at $155K. Single-bath configuration less desirable for Section 8 market versus 2BR/2BA alternatives. Would require $15K+ price reduction or verified excellent condition to recommend.
Borderline North Port deal at $158K with only $241/month cash flow and 7.3% CoC return below threshold. Year built unknown. Requires significant price negotiation ($125-130K) or seller repairs to work for Section 8 rental investing.
1533 SW Martin Luther King JR St, Arcadia, FL 34266
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$2,409
Cash Flow$239/mo
Cap Rate7.6%
CoC Return4.6%
Down (20%)$47,600
Repairs$10,000
HOA/mo $0
Total Cash In$62,600
1.01% rule (rent/price)
Listed as fully remodeled and move-in ready with low HQS risk. Cap rate of 7.6% is acceptable, but monthly cash flow of $239 and CoC return of 4.6% are marginal—would require price negotiation to reach 5-7% CoC threshold. Positive: modern renovations already completed.
HQS: Low20 days on marketRelatively short time on market for asking price
2006 townhouse with low HQS risk and strong $3,003 payment standard. Cap rate of 7.5% is acceptable, but $355/month HOA significantly impacts cash flow—only $238 monthly and 5% CoC return. Verify HOA allows Section 8 rentals before proceeding; if approved, requires price negotiation to improve returns.
HQS: Low25 days on marketHigh HOA at $355/month—verify no rental restrictions in HOA documents
Excellent entry price at $89K with 9.3% cap rate and 7.8% CoC return. Described as turnkey in 55+ active community (Fourth Bayshore). However, critical limitation: 55+ community means likely restricted to age 55+ tenants, which narrows Section 8 tenant pool. Third-floor unit may limit accessibility for elderly or disabled Section 8 voucher holders. $419 HOA is high relative to $1,727 rent. Verify no age restrictions and elevator access before proceeding.
HQS: Low55+ active community (likely restricts Section 8 applicants to age 55+)third floor (no elevator mentioned—accessibility concern)high HOA ($419) relative to rent
New construction with zero repair risk and built-in HQS compliance. Cap rate 7.3% is acceptable, but monthly cash flow of $208 is marginal relative to $270K investment. New townhome in Skye Ranch development. Lower risk profile suits conservative investors but CoC return of 4.0% is underwhelming for the capital deployed. Negotiate closing cost credits or price reduction.
HQS: Lowtight cash flow relative to purchase priceverify builder honors Section 8 leasesverify HOA CC&Rs permit rental use
Sarasota Lakewood Ranch townhome with excellent 7.8% cap rate and low purchase price, but heavily burdened by $520/month HOA that consumes 20% of the Section 8 payment standard. The 1994 build year carries medium HQS risk with likely updates needed to appliances and flooring. Verify HOA does not restrict Section 8 rentals before pursuing—89 days on market suggests market resistance.
HQS: Medium89 days on markethigh HOA burden$520/month HOA is unusually high; verify rental-friendly policy1994 construction may need cosmetic and mechanical updates
This is your best deal in this batch. Move-in-ready 2BR/1BA with thoughtfully updated kitchen (granite, stainless, white shaker cabinets), low repair needs (~$4K), zero HOA, and positive $199/month cash flow. Cap rate of 7.5% exceeds the 7% threshold. Only weakness is single bathroom and modest 775 sqft, but at $223K entry price, this is an acceptable trade-off. 1980 build with modern updates means LOW HQS risk. Recommend making an offer.
Solid 7.8% cap rate in affordable Bradenton 34207 with $194/month cash flow. Passes 1% rule ($160k purchase vs $1,727 rent). Main limitation is 5.8% CoC return and unknown year/condition; verify HQS compliance and negotiate to $150k or below to strengthen investment.
HQS: MediumYear built unknown - cannot assess lead paint risk
Strong fundamentals: positive $189/month cash flow, 7.5% cap rate, no HOA, potential CoC of 3.2% if repairs stay at estimate. However, 1969 concrete block construction requires careful HQS pre-inspection. Lead paint remediation (~$5-8K), electrical/plumbing updates, and HVAC likely needed. Negotiate price reduction to $185K-190K to offset repair risk.
HQS: High3 days on market suggests recent listingPre-1978 construction = lead paint remediation requiredConcrete block in Florida = potential moisture/foundation riskEstimated repairs $25K is significant — verify with inspectionsMinimal property description raises concern about current condition
Positive cash flow (+$177/mo), solid 7.3% cap rate, and brand-new 2023 construction ensure zero HQS risk and minimal maintenance—ideal for Section 8 hold-and-rent strategy. Furnished move-in-ready adds tenant appeal. CoC (3.8%) is the main weakness, reflecting higher purchase price for new construction in desirable Skye Ranch.
Strong 7.3% cap rate with positive $163/month cash flow. Remodeled kitchen and fresh paint indicate move-in readiness. Major price reduction suggests motivated seller—negotiation potential. Lowest-priced Sarasota option in this batch. Cash-on-cash of 3.8% is modest but acceptable given the price point and cap rate.
HQS: Mediummajor price reduction173 days on marketverify HOA allows Section 8 rentals
Positive cash flow (+$159/mo), strong 7.2% cap rate, and pristine 2024 construction make this a Section 8-friendly hold. 51 days on market suggests negotiation opportunity—offer under asking to improve CoC return. Brand-new condition and low HOA add margin of safety.
HQS: Low51 days on market—extended hold suggests room to negotiate
3532 Lake Bayshore Dr Unit K117, Bradenton, FL 34205
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$1,617
Cash Flow$156/mo
Cap Rate9.5%
CoC Return7.0%
Down (20%)$12,000
Repairs$10,000
HOA/mo $569
Total Cash In$27,000
2.70% rule (rent/price)
This deeply discounted short sale ($60K, 77% below fair market) delivers exceptional 9.5% cap rate and positive $156/month cash flow. Short sale pricing creates strong fundamentals despite 1980s construction and high HOA ($569). Critical issues: 55+ age-restricted community limits tenant pool, 1 bathroom tight for 2BR, and short sale contingency risk. Only viable if age restriction can accommodate Section 8 voucher holders.
HQS: MediumShort saleOnly 5 days on marketFully furnished (turnover risk)55+ age-restricted communityHigh HOA ($569)1 bathroom for 2 bedroomsShort sale complexityPre-1980 construction quality unknown
Positive cash flow of $139/month and cap rate of 7.4% are promising, passes 1% rule. However, year built unknown (listed as 0) and no description provided. Unit F7 suggests condo/HOA despite $0 HOA listing. Requires thorough inspection and lead disclosure verification before proceeding.
HQS: MediumNo days on market data providedYear built unknown - cannot assess age/lead paint riskNo property descriptionUnit designation suggests potential HOA despite $0 listing
Strong 7.4% cap rate with decent $139/month cash flow at reasonable Bradenton pricing. Property passes 1% rule. CoC return of 4.0% is below ideal but workable at this entry price. Negotiate down to $160k or verify lower repair costs to improve returns.
Approved short sale with positive $130/month cash flow, 7% cap rate, and low $85 HOA. The 4-bedroom layout accommodates larger families (strong Section 8 demand). Waterfront views and 2019 construction with minimal repairs ($3K) are positives. Motivated short sale seller may negotiate further. The 94-day market time is reasonable for a short sale. Worth investigating further.
HQS: Lowshort sale status (approved, so no lender approval uncertainty)94 days on market (reasonable for short sale)verify HOA does not restrict Section 8 rentalswaterfront may have flood insurance requirements (FEMA map check)
Attractive $60k entry price generates positive 8.9% cap rate and $125/month positive cash flow. However, $25k repair reserve for 1974 construction may be significantly underestimated. Verify HQS compliance thoroughly before purchase—major systems (HVAC, plumbing, electrical, roof) likely need replacement, not cosmetics.
HQS: HighUnusually low purchase price suggests condition concerns1974 building age implies major system replacement costs may exceed $25k estimateHigh HOA of $600 limits margin for error
Good 7.1% cap rate with strong $1,925/month SHA payment standard in 34219. Larger unit (1,708 sqft) increases tenant appeal. While monthly cash flow ($113) and CoC (2.9%) are modest, the higher rent provides better cushion. Negotiate to $185k to improve returns.
Strong fundamentals: positive $110/month cash flow and solid 6.9% cap rate in affordable Arcadia market. However, built in 1977 (pre-lead-abatement era) creates HQS compliance risk. Verify lead paint disclosure is current and $25K repair estimate is justified (HVAC, roof, plumbing). If inspections are clean and lead clearance documented, this is the strongest deal in batch.
HQS: High41 days on market (farmhouse-style may have limited appeal)Pre-1978 construction (federal lead paint disclosure required)High repair estimate ($25K) requires verification29-year-old HVAC, plumbing, electrical will need inspection
Turnkey 2BR townhome with positive $110/month cash flow and solid 7% cap rate. However, weak 2.5% cash-on-cash return and 257 days on market suggest pricing above market acceptance. Remodeled kitchen and second-floor location are positives. Worth further negotiation to improve cash flow.
HQS: Medium257 days on marketHigh days on market indicates slow-moving inventory in this communityverify HOA does not restrict Section 8 rentals
Attractive 7.0% cap rate with strong $1,936 SHA payment in higher-value 34237 zip code. Unit is small (847 sqft) but monthly cash flow of $110 is respectable. Negotiate to $185k to significantly improve CoC return and reduce risk.
HQS: MediumYear built unknownSmall unitLow CoC return
Brand-new 2023 construction in Spencer Cove offers positive monthly cash flow ($110) and respectable 6.9% cap rate with minimal repair risk. Excellent HQS compliance potential. However, low cash-on-cash return (2.1%) suggests thin equity position—price may be slightly elevated. Price reduction and 81 days on market indicate buyer hesitation. Worth revisiting if price drops another $10-15K.
HQS: Low81 days on marketPrice reduction notedVery low cash-on-cash return (2.1%)Thin equity marginHOA $218/month
Move-in ready (freshly updated, new flooring, renovated kitchen). Low repair costs ($4K). Cap rate 7.0% meets acceptable threshold. However, monthly cash flow of just $109 is razor-thin—high HOA ($344/month = 13% of rent) and price reductions suggest seller desperation. Borderline deal; negotiate aggressively on price or walk. Requires strict tenant screening to avoid vacancy.
HQS: Lowprice reduced124 days on marketverify HOA does not prohibit Section 8 rentalsmarginal cash flow leaves no buffer for repairs or vacancy
No HOA, positive 6.8% cap rate, but 75-year-old home needs ~$25K in repairs to pass HQS. Minimal cash flow ($105/mo) after accounting for 20% occupancy/expenses. True CoC is 1.5% after repairs. Negotiable if seller willing to reduce price by $20K+ or make repairs. Property has potential with 34221 3BR payment standard of $2,530.
HQS: Highdescribed as 'INVESTMENT OPPORTUNITY'home 'full of potential' and 'needs some work'pre-1978 construction - lead paint inspection requiredhigh repair risk ($25K estimate)minimal positive cash flow
Solid entry point for Sarasota market with 7.1% cap rate and $179k price. Good square footage (1,176 sqft) increases tenant appeal for Section 8. Cash flow of $103/month is respectable. Investigate condition and negotiate to $165k for stronger economics.
Palmetto offers strong value in MSA with 7.0% cap rate and $1,925 payment standard. Monthly cash flow of $101 is modest but steady. Property passes 1% rule at $200k. Target $180-185k pricing via negotiation to reach 8%+ cap rate.
1980 townhome with new kitchen, hardwood living room floors, large sunroom, and generous 1,152 sqft. At $157K entry price with positive $100/month cash flow, 7.2% cap rate, and reasonable $206 HOA, this is solid second-best option in batch. The motivated seller (offering 1031 exchange, lease-option, rent-to-own, 'No Bank Needed') is highly motivated and signals room for negotiation. Minimal repair needs. Only concern is HOA—verify it allows Section 8 rentals. Strong Section 8 prospect.
Positive cash flow $98/month with 6.9% cap rate and 2.3% CoC return. Open floor plan and reasonable condition suggest medium HQS risk. Marginally profitable, but price point ($214.9K) and 7-day listing indicate competitive market. Negotiation on purchase price could improve returns.
New construction (built 2022) with energy-efficient systems and contemporary design minimizes HQS risk. Cap rate of 6.8% is solid and exceeds the 6%+ threshold. However, 207 days on market and marginal cash flow ($85/month, 1.6% CoC return) suggest weak investment fundamentals. Negotiate price down to improve cash flow metrics.
HQS: Low207 days on marketweak cash-on-cash return
Positive cash flow of $71/month and cap rate of 6.9% (just below 7% threshold) show promise. Low list price of $180K and minimal repair estimate suggest good value. However, year built unknown prevents proper HQS assessment. No HOA is favorable. Investigate condition and age before committing.
HQS: MediumNo days on market dataYear built unknownNo property description
Rare positive cash flow (+$61/month) with 6.8% cap rate, though CoC return is thin at 1.7%. Water views in desirable community. 2003 build and open layout suggest low HQS risk. Needs negotiation to improve margins, but worth closer inspection of current condition and actual HQS readiness.
HQS: LowCash flow margin is thin — requires discipline on expensesHOA $411 is relatively high and could increase with age of complex
New 3-bedroom with positive monthly cash flow of $58, zero HOA, and best-in-batch cap rate of 6.7%. While CoC return of 1.2% is modest, this is essentially cash-flowing immediately with zero HQS risk. Acceptable as portfolio starter if seeking diversification into Wimauma.
Identical to 2270 Rosefinch Hill Pl ($241,390, 3BR, 6.7% cap, $58/month cash flow). Just listed 1 day ago. This development has multiple units with marginal positive cash flow—competitive environment, but viable if you can move quickly.
Strong North Port value with positive $53/month cash flow, 6.7% cap rate, and low HOA ($175). 2006 build with recent updates (granite counters, stainless steel, LVP flooring) suggests low HQS risk and minimal repairs. CoC return 1.4% is thin but acceptable. Only downside: tight cash flow margin requires expense discipline and accurate payment standard verification.
HQS: LowCash flow margin tight at $53 — leaves no cushion for unexpected expensesCoC return marginal at 1.4%HOA could increase with community age
New construction with positive monthly cash flow of $48 and zero HOA is rare in this batch. Cap rate of 6.6% is solid. While CoC return of 1.0% is thin, this is move-in ready with zero HQS risk and only 6 days on market. Could be starter property for portfolio diversification.
Turnkey furnished with recent major updates (2021 renovation, new roof 2023, new HVAC/AC/water heater/furnace) ensures HQS compliance. Minimal positive cash flow (+$44/mo) and 1% CoC are weak, BUT 59 days on market signals strong negotiation opportunity. Price reduction to $220K would transform this into a solid deal.
HQS: Low59 days on market—extended listing period suggests overpriced
3801 Lake Bayshore Dr Unit H413, Bradenton, FL 34205
Worth Investigating
Purchase Price
$
Mo. Rent (SHA)$1,617
Cash Flow$39/mo
Cap Rate7.0%
CoC Return1.5%
Down (20%)$16,000
Repairs$10,000
HOA/mo $563
Total Cash In$31,000
2.02% rule (rent/price)
Exceptional entry price ($80K) creates 7.0% cap rate and barely passes 1% rule ($80K price < $1,617 rent). Positive cash flow of $39/mo after $10K repairs. However, extremely high HOA ($563/mo) consumes nearly 35% of rent and creates cash flow risk. After $10K repairs and $31K total cash invested, CoC = 1.5% is minimal. Verify HOA doesn't increase and whether it includes all major systems.
HQS: Mediumunusually low price point for marketextremely high HOA ($563/mo) relative to rent ($1,617)HOA sustainability risk - verify no planned increasesvery tight cash flow margin1979 construction may have system issues
New 2023 build in North Port with strong 3BR rent potential ($2,750). Nearly break-even on cash flow (+$13) with 6.4% cap rate and minimal HQS risk. Low HOA ($267) helps. CoC return 0.3% is thin but acceptable for appreciation play. Verify 'expertly curated upgrades' claim and get pre-inspection to confirm condition justifies 2023 build premium.
HQS: LowBarely positive cash flow — any expense overrun kills dealCoC return negligible (0.3%)Playing for appreciation, not cash flow
This 'priced to sell' Venice townhome breaks even ($1/month) with 6.4% cap rate. At $179,900 entry price with 1,382 SF (largest in batch for price), there's minimal value at break-even, but potential upside if negotiated $5-10K lower. 'Virtually staged' photos suggest cosmetic marketing, but low HQS risk (2005) supports move-in readiness. High HOA ($503) provides no margin, making price negotiation essential.
HQS: LowPriced to sell77 days on marketVirtually staged photosBreak-even cash flow (no safety margin)High HOA ($503)Virtual staging suggests cosmetic focus
Recently installed roof significantly reduces HQS repair risk. Cap rate of 6.3% meets the 6%+ threshold and is among the batch's best. While monthly cash flow is essentially break-even (-$17/month), this property is priced low enough ($177,777) to offer negotiation opportunity. If price drops 5%, cash flow becomes positive. 202 days on market indicates room to negotiate.
Lowest-priced deal at $169K. Passes 1% rule. Cap rate of 6.0% is solid. Only -$61/month cash flow deficit—essentially breakeven. Built 1982 with $10K repair estimate indicates moderate HQS needs. High HOA ($599/month) is concern, but at this price point, 5% negotiation achieves positive cash flow. Best value in batch if HQS repairs confirm minimal scope.
HQS: Medium33 days on marketVerify scope of $10K HQS repair estimate
Extensively remodeled with luxury finishes (marble counters, stainless steel appliances, luxury vinyl flooring) minimizes HQS repair risk. Cap rate of 6.0% and low estimated repair cost ($4K) are positives. Nearly break-even monthly cash flow (-$63) could flip positive with modest price negotiation. 184 days on market provides negotiation leverage. Consider as cash flow fixer if you can negotiate 5-8% price reduction.
Strong maintenance history (AC 2023, roof 2021, hurricane windows 2017) and nearly break-even cash flow (-$72/month) make this worth a closer look. No HOA and cap rate of 6.0% are encouraging. Lead paint and system age remain HQS concerns for 1973 property.
HQS: MediumVery quick listing (5 days on market)Built 1973 (pre-1978 lead paint)Minimal negative cash flow
New construction with zero HQS risk and reasonable cap rate of 6.1%. Currently shows $73/month negative, but 53 days on market for new construction suggests builder motivation—price negotiation could swing this to positive cash flow. Worth pursuing if you can negotiate $5-10K off asking.
HQS: Low53 days on market for new construction (unusual)
Distress signals ('HUGE PRICE REDUCTION', 'OWNER SAYS SELL NOW') indicate highly motivated seller with significant negotiation room. 2002-built 3BR with existing Section 8 tenant through August and 6.0% cap rate are strong fundamentals. At -$78/month, aggressive price negotiation could flip this profitable; worth pursuing pre-offer analysis.
HQS: LowHuge price reduction announcedOwner motivated to sell immediatelyTenant in place (known Section 8 history)
Described as 'completely renovated' and 'move-in ready' from top to bottom—low HQS risk despite 1978 build. Near-breakeven cash flow (-$94/mo) with solid 5.8% cap rate. Price point ($195K) and tight negative margin suggest negotiation opportunity.
Built 2015 in Wellen Park (Gran Paradiso)—minimal HQS risk with modern systems. Passes the 1% rule (passes_one_pct_rule: true), cap rate of 5.9% is reasonable. Nearly breakeven on cash flow (-$105/month). With modest price negotiation or higher rent estimate, this could work. End-unit townhome offers privacy; verify Wellen Park allows Section 8 rentals.
HQS: Low36 days on marketVerify HOA/developer allows Section 8 rentals
Built 1982 but listing describes 'fully updated' with new tile flooring, quartz kitchen—low HQS risk. No HOA is a major advantage. Nearly breakeven with cap rate of 5.9%. Pool home adds rental appeal. Primary weakness is marginal cash flow (-$114/month), but price negotiation of 3-5% ($8K-14K) could flip this to positive cash flow and meet investment thresholds.
2003-built well-maintained townhome with furnished move-in condition and low $3K repair costs. Negative cash flow of only -$116/month and solid 5.7% cap rate suggest negotiation could achieve break-even or slight positive returns. Moderate HOA of $411 is manageable on $2,288 rent. Worth pursuing price negotiations.
Strongest candidate in batch. Built 1980 but recent major updates: NEW HVAC (2024), sewer re-line (2025), electrical panel refresh (2020)—these are HQS compliance-critical. Only -$124 monthly deficit. Passes 1% rule. Best price point at $210K with reasonable $410 HOA. Reasonable cap rate of 5.7%. $4K-8K price reduction would establish strong positive cash flow.
Built 1982 but 'move-in ready, freshly painted, NO CARPET, updated kitchen with quartz'—low HQS risk. Same Circle Woods community as P3-4 unit with proven management. Cap rate 5.2% acceptable. Negative cash flow of -$227/month is moderate; 5-8% price negotiation would generate positive cash flow. Good fallback if P3-4 sells.
Unit #211 in condo complex with extraordinary-looking cap rate (22.3%) and CoC (48.4%), but these metrics often collapse post-closing due to HOA restrictions. Condo buildings frequently prohibit Section 8 rentals entirely or cap tenant counts. Year built missing. No legitimate market can sustain 48% cash-on-cash returns—investigate for hidden HOA fees or mandatory lease restrictions.
HQS: Highcondo unit - HOA restrictions almost certainmissing year builtcap rate of 22%+ suggests unrealistic pricing or hidden costsmany condos prohibit Section 8 rentals
Lot C12 designation indicates mobile home/RV park unit—outstanding cap rate (22%) and 47.7% CoC are red herrings. Mobile home lots face inherent risks: park rent escalations, resident turnover, depreciation, poor appreciation, potential closure. Many lenders and Section 8 programs restrict mobile home financing. Pass despite exceptional numbers.
HQS: HighLOT designation indicates mobile home/RV parkmobile homes depreciate, resist typical appreciationpark rent subject to escalationSection 8 financing challenges for mobile homes
Hurricane-damaged restoration project listed sight unseen with explicit warnings: 'NO INTERIOR ACCESS DUE TO STRUCTURAL, HEALTH AND SAFETY CONCERNS.' While 11.2% cap rate and 19.9% CoC appear attractive, CANNOT pass HQS inspection with structural/health/safety issues. Property is unsuitable for immediate Section 8 rental; would require major reconstruction before any tenant placement.
HQS: High10 days on marketAs-is listingSight unseen—exterior viewing onlyHURRICANE DAMAGE with structural, health, and safety concernsNo interior access allowed—cannot assess HQS compliance riskAs-is condition—will not pass HQS inspection in current state
This is a 2BR mobile home in Oakview Estates ACTIVE 55+ AGE-RESTRICTED COMMUNITY—Section 8 tenants cannot legally reside here due to HUD Fair Housing Act. Despite exceptional financial metrics (15.8% cap rate, 31.3% CoC), the age restriction makes it unsuitable for Section 8 voucher rental regardless of profitability.
HQS: LowACTIVE 55+ COMMUNITY AGE RESTRICTION—illegal for Section 8 rentalMobile home—subject to lot rent ($566/month)
Listing description explicitly states the home 'needs everything: Central Air Conditioning system, Electrical, and Plumbing, also drywall, cabinets, interior doors and trim, paint, and flooring.' The $1,800 repair estimate is wholly unrealistic—a complete HVAC replacement alone exceeds this, plus electrical, plumbing, and interior systems work. This property will fail Section 8 HQS inspection and requires $25,000-$35,000+ in repairs, not $1,800.
HQS: Highhandyman specialas-is conditionall major systems need replacementrepair estimate grossly underestimatedmechanicals and electrical systems non-functionalhigh HQS risk with expensive required work
Unit #68 condo with 12.7% cap and 22.9% CoC looks attractive, but unit designation = HOA/condo building with likely rental restrictions. Missing year built prevents lead paint assessment. Condo complexes often prohibit or heavily restrict Section 8 rentals due to concerns about lease enforcement and tenant screening.
HQS: Highcondo unit - HOA restrictions likely prohibit Section 8missing year builtno sqft data
Apartment unit 3D in multi-unit building with impressive 10.9% cap rate and 16.7% CoC. However, apartment buildings universally manage individual unit leases through the building management company, which typically restricts or prohibits Section 8 tenants. No individual ownership control. Year missing compounds concerns.
HQS: Highapartment building - management company restricts individual Section 8 rentalsmissing year builtsmall 759 sqft, 1-bathno direct control over tenant policy
Despite move-in-ready condition with new paint and low HQS risk, this property fails investment criteria: cash-on-cash return of 7.6% is well below the 10%+ threshold, and monthly cash flow of $393 is marginal for a 3-bedroom. The $275,000 price is elevated for the North Port market and doesn't offer sufficient return on your down payment ($55,000) to justify the capital deployment.
Unit #29 condo with strong cap rate (10.2%) and CoC (14.2%), but condo designation is a blocker. HOA restrictions are common and often prohibit Section 8 entirely. Missing year built prevents compliance assessment. Metrics alone don't overcome the structural HOA rental risk.
HQS: Highcondo unit - HOA rental restrictions likelymissing year builtonly 1 bathroom for 2BR
Condo unit (G107 designation) in multi-unit building with 8.0% CoC return—below 10% threshold. Small 750 sqft, 1-bath limits appeal. Unit status means HOA restrictions are nearly certain; many condo buildings explicitly prohibit or cap Section 8 rentals. Missing year built compounds risk.
HQS: Highcondo unit - HOA restrictions likelymissing year builtsmall 1-bath layoutcash-on-cash 8.0% below threshold
Only $224/month positive cash flow and 3.5% cash-on-cash return do not justify the risk. Built 1962 creates pre-1978 lead paint liability and $25K repair estimate indicates substantial HQS work needed. At this price point, the rental margin is too thin relative to repairs required. Quick 5-day sale likely due to underpricing or serious issues.
HQS: Highbuilt 1962 (pre-1978 lead paint liability)cottage-style may require significant HQS repairsonly $224/month cash flow despite $231K purchase price3.5% CoC return insufficient for risk
Move-in-ready description is appealing, but cash-on-cash return of 4.8% falls well short of 10% threshold. 1983 vintage suggests potential lead paint concerns if pre-inspection not disclosed. Monthly cash flow of $222 is thin margin for vacancy or emergency repairs.
HQS: Mediumpriced to sellyear 1983 - potential lead paint concerns without disclosure
Condo unit with low cash-on-cash return (6.5%, well below 10% threshold) and thin $214 monthly cash flow. Unit designation (E3) indicates HOA/condo building—often restricts Section 8 rentals or imposes caps. Missing year built adds compliance uncertainty. Pass despite decent cap rate.
HQS: Highcondo unit - HOA likely restricts individual rentalsmissing year builtcash-on-cash return 6.5% is too low
While positive $135/month cash flow and 7% cap rate appear attractive, the 1958 construction requires extensive HQS-critical repairs (estimated $25K for electrical, plumbing, roof, systems). The listing language 'give it your special touch' and 'potential' signals deferred maintenance. HQS inspectors will be demanding on pre-1960s properties. Cash-on-cash return of 2% is weak given the significant repair investment.
HQS: High162 days on marketdeferred maintenance language1958 construction yearpre-1978 construction (lead paint disclosure required and likely abatement cost)$25K repair estimate suggests major systems failuresonly 1 bathroom for 3-bedroom home suggests tight updates'potential' language confirms significant work neededcentral H/A mentioned suggests aging HVAC systemsolid block construction is good, but systems are likely 65+ years old
Positive cash flow (+$129/mo) and 7.2% cap rate look attractive until HQS reality surfaces: 1974 vintage, $25K repair estimate, and exceptionally high HOA ($536/mo—among highest in batch) squeeze margins. 52 days on market confirms community skepticism. Even with good bones, renovation costs and recurring HOA eat returns.
HQS: High52 days on market—extended listing timeCommunity has unusually high HOAHigh HQS repair costs ($25K)Highest HOA in batch ($536/mo)Pre-1978 building—lead testing required
Built 1964—pre-1978 lead paint risk requiring disclosure and remediation. While showing positive cash flow ($111/mo) and 7.3% cap rate, the $25K repair estimate (likely lead abatement + system updates) consumes most equity gain. CoC return drops to 2.2% after repairs.
HQS: HighPre-1978 lead paint requirementHigh estimated repair cost $25KLead abatement will likely be required for HQS complianceCoC 2.2% after repairs is marginal
Recent roof and plumbing updates are insufficient; 1961 construction with $25K estimated repairs (electrical, HVAC, structural) signals deep system problems. Single bathroom for 3-bedrooms fails modern rental standards and HQS requirements. Tight cash flow (+$105/mo) and 6.9% cap rate offer no cushion for inevitable major repairs.
HQS: High42 days on market—slower sales in BradentonHigh HQS risk ($25K repairs)Single bathroom for 3 bedrooms—poor rental profileVery old (1961)Pre-1978 lead disclosure required
Despite move-in-ready 2023 construction and low HQS risk, this Skye Ranch townhome is overpriced for Section 8 rental: monthly cash flow is only $97, cash-on-cash return is a mere 2.0%, and the $174/month HOA severely constrains margins. At $259,000, the property does not generate sufficient rental income to justify the investment capital—fails basic rental investment criteria.
HQS: Low63 days on marketpartially furnishedinsufficient cash flow for rental operations$174/month HOAoverpriced for 2BR rent potential
Turnkey 3BR furnished villa with good bones, but the $572/month HOA severely constrains cash flow to just $76/month (1.6% CoC). While cap rate of 6.8% is respectable, the razor-thin monthly margin provides no buffer for vacancy or unexpected repairs. Section 8 rental requires at least $200-300/month cushion. Verify HOA rental policy strictly, as restrictive covenants are common in age-restricted communities.
HQS: LowHOA of $572/month kills cash flow marginVerify HOA permits rental of furnished unitsFurnished properties complicate Section 8 inspection (furnishings must meet HQS too)
Built 1975, requires significant HQS repairs (~$25K for potential HVAC, electrical, plumbing updates). Monthly cash flow of $73 is negligible and fails to meet minimum thresholds for a Section 8 rental. CoC return of 1.1% is well below acceptable investment returns.
HQS: HighBuilt 1975, pre-lead paint disclosure era requires testingMinimal cash flow inadequate for investment
New construction (2025) meets HQS easily with minimal repairs needed. However, monthly cash flow of only $73 fails to justify the investment—well below the $300+ threshold for Section 8 rental viability. CoC return of 1.5% is inadequate even for a low-risk property.
HQS: LowFresh listing (4 days on market)Insufficient cash flow for investment
Cash flow of only $71/month provides insufficient margin for vacancy or unexpected repairs. CoC return of 2.0% is well below the 10% target for Section 8 rentals. Property is marginally positioned; needs $155k pricing to be viable.
HQS: MediumMarginal cash flowVery low CoC returnYear built unknown
Newer construction (2003), low HQS risk, water/golf course views, but extremely weak cash flow ($60/month, 1.5% CoC). $506 HOA consumes 20% of rent. 109 DOM suggests market knows the value. Even with negligible repair costs and 6.8% cap rate, minimal monthly cushion ($60) makes this unviable for operational risk. Maintenance emergency would immediately flip to negative cash flow.
Only $49/month positive cash flow with a 1% cash-on-cash return is essentially break-even. While the 6.6% cap rate is decent and the 2006 construction with newly remodeled systems (new roof, flooring, paint) is positive, the numbers are too thin for a real investment return. The 251 days on market despite remodeling is concerning—suggests market has rejected pricing even with fresh updates.
HQS: Low251 days on market (high)minimal positive cash flownear break-even cash flow ($49/month)weak 1% cash-on-cash returnhigh days on market despite recent remodeling suggests market pricing resistanceArcadia rural location may have limited tenant pool vs. urban/suburban areas
Thin $47/month cash flow and 1.2% CoC return are insufficient even with 6.7% cap rate. Larger unit (1,439 sqft) is positive, but Arcadia's rural location may limit tenant pool. Would need $175k pricing to approach investment viability.
Marginally positive monthly cash flow of $45 and respectable 6.7% cap rate are offset by 1.1% cash-on-cash return, indicating poor capital efficiency. Duplex structure with $10k repair estimate for 1981 construction creates uncertainty. Low HOA of $370 is positive differentiator, but returns insufficient for Section 8 investment.
HQS: MediumDuplex—verify lease terms and ground lease1981 construction with moderate repair needs
Brand-new 2026 construction with excellent low HQS risk is severely overpriced for Section 8 rental investment. Monthly cash flow of just $36 and cash-on-cash return of 0.7% are essentially zero, leaving no margin for vacancy, repairs, or tenant issues. The $269,259 price far exceeds the market's rental-income generation capacity—better suited as a buy-and-hold flip than rental cashflow.
HQS: Lowunder construction70 days on marketinsufficient monthly cash flow for rental operations$172/month HOA burden
Nearly break-even with only $17/month cash flow and 0.4% CoC return. While 6.5% cap rate is borderline acceptable, the investment provides insufficient margin for Section 8 rental operations. Requires $25k+ price reduction to become viable.
HQS: MediumMarginal cash flow (near break-even)Negligible CoC returnYear built unknown
Listed 'AS-IS'—a distress signal requiring immediate concern. $25K repair estimate suggests major work needed (roof, HVAC, electrical likely). Near-breakeven cash flow ($13/mo) with 0.2% CoC return essentially offers no return after repairs. 55+ community may further restrict Section 8 tenancy.
HQS: HighAS-IS listing (major repairs likely)5 days on marketAS-IS sale conditionHigh repair estimate $25KPre-1967 property with likely system issues55+ community (may restrict rentals)CoC essentially 0% after repairs
While cap rate of 6.4% is acceptable and monthly cash flow is slightly positive ($11), the property does not pass the 1% rule and cash-on-cash return of 0.2% is effectively break-even. With $142 annual profit, any vacancy or maintenance surprise eliminates returns. New systems (roof 2025, appliances, flooring) are HQS-friendly but don't justify the investment at this price point.
Identical to adjacent properties: new construction with negligible $10/month cash flow and 0.2% CoC return. Not a viable investment despite low repair risk. Skye Ranch development is oversupplying units at prices that don't support Section 8 rental economics. Pass.
HQS: Low138 days on market for new constructioninsufficient cash flow
Virtually no positive cash flow ($9/month is immaterial) with 6.4% cap rate does not justify the risk. Built 1963 means pre-1978 lead paint liability and likely significant HQS repair costs ($15K+). $0.20 cash-on-cash return is not viable for a landlord; the rental income barely covers expenses.
HQS: Highbuilt 1963 (pre-1978 lead paint disclosure required)virtually no cash flowlikely significant HQS repairs needed despite recent updates
Essentially break-even cash flow ($8/month) with no margin for error or unexpected expenses. Cap rate of 6.4% falls short of 7% threshold. Year built unknown prevents HQS risk assessment. Passes 1% rule but CoC return of 0.2% is negligible. Too thin for cash flow investing.
HQS: MediumNo days on market dataYear built unknownNo property descriptionBreak-even cash flow with no margin
New construction but essentially zero cash flow. Monthly cash flow of $7 is not viable for operational cushion. CoC return of 0.1% is embarrassing for $274K capital deployment. HOA of $172/month is reasonable but property is priced too high for Section 8 investment model. Price would need to drop to ~$225K to achieve acceptable cash flow metrics.
HQS: Low145 days on market for new construction is slowinsufficient cash flow for operational risk
New-construction 2026 townhome with virtually zero rental cashflow: monthly return is just $4 ($52 annually), cash-on-cash return is negligible at 0.1%, and expenses nearly match the $2,618 Section 8 rent. Despite low HQS risk, the property is fundamentally unviable as a rental investment—the price-to-rent ratio is severely inverted.
HQS: Lowunder construction61 days on marketessentially zero monthly cash flow$172/month HOA burdenoverpriced for rental income generation
Technically break-even (essentially $0 cash flow), built by America's most trusted builder. While cap rate of 6.4% is solid and new construction offers low HQS risk, zero cash-on-cash return on $59,199 invested capital makes this uneconomical. Capital better deployed elsewhere.
HQS: Low53 days on market for new constructionBreak-even deal unlikely to improve
6110 Country Club Way Unit 204, Sarasota, FL 34243
Pass
Purchase Price
$
Mo. Rent (SHA)$2,574
Cash Flow$-1/mo
Cap Rate6.4%
CoC Return0.0%
Down (20%)$43,800
Repairs$10,000
HOA/mo $485
Total Cash In$58,800
1.18% rule (rent/price)
Essentially break-even cash flow ($-1/month) before accounting for $10K repair costs. The virtually staged listing indicates the property doesn't show well in person. With 6.4% cap rate and $10K in needed repairs, this fails basic investment thresholds. No margin for error.
HQS: Mediumvirtually staged photos (property doesn't show well)137 days on marketbreak-even cash flownear-zero cash flow$10K repair estimate suggests deferred maintenancevirtually staged property indicates poor condition
Waterfront appeal is offset by breakeven cash flow, 1976 vintage with $25K repair estimate (likely roof, HVAC, electrical), and 6.3% cap rate that falls short. Significant Section 8 compliance risk despite granite finishes—structural and systems updates required before rental.
HQS: HighOnly 2 days on market—fast listing suggests competitive areaEssentially breakeven cash flowHigh HQS repair costs ($25K)Pre-1978 lead disclosure required
Furnished turnkey cannot offset breakeven cash flow (-$18/mo) and 6.3% cap rate in competitive 34243 zip. Screened lanai and community amenities add lifestyle value but not investment returns. 46 days on market suggests slow sales velocity for the price point.
HQS: Medium46 days on market—extended hold suggests overpricingEssentially breakeven cash flowBelow 7% cap rateHigh HOA ($447/mo)
Near-breakeven cash flow (-$21/month) offers insufficient margin for Section 8 rental stability. While the property is move-in ready (A/C replaced 2021, appliances updated) with low HQS risk, the $579 HOA fee is excessive and leaves no buffer for unexpected maintenance or vacancy. 6.3% cap rate is marginal. Would require $10K+ price reduction to create meaningful positive cash flow.
HQS: Low79 days on marketVery high HOA ($579/month)Negative cash flowVirtually break-even economics
Under construction with attractive 6.3% cap rate and low $159/month HOA, but negative $22/month cash flow with minimal upside. 42 days on market for new construction suggests slow sales velocity. Price would need $3-5K reduction to pencil out positively.
Break-even property with $25K repair obligation and extremely high HOA ($599/mo = 28% of rent). Higher 34209 payment standard of $2,134 helps, but $25K repair estimate plus $599 HOA leaves no room for profit. 1973 construction suggests major system upgrades needed for HQS compliance. HOA-to-rent ratio is dangerously high.
HQS: Highpre-1978 construction - lead paint riskextremely high HOA relative to payment standardsignificant repair costs ($25K)break-even cash flow
Lakefront condo in Gardens at Palm-Aire with excellent HQS profile (1985, fully furnished, move-in ready, screened lanai). However, at break-even or slightly negative cash flow (-$28/month, -0.6% CoC). $448 HOA + property taxes consume most of the rent. Even with strong location and low HQS risk, negative CoC return is not acceptable for a rental investment. Better suited as primary residence or vacation property.
Double-wide mobile unit with recent major updates (2024 AC, 2023 roof, 2020 windows) is mechanically solid, but fundamentally breaks even with -$33/month cash flow. The 1979 construction is borderline for lead paint (pre-1978 threshold), and mobile homes can have HQS issues with skirting, tie-downs, and floor integrity. Cap rate of 6.2% is acceptable but insufficient to offset zero cash flow. Not suitable for Section 8 portfolio when better options exist.
HQS: MediumMobile/manufactured home—must verify HQS compliance on tie-downs, skirting, and structural integrity1979 construction may have lead paintBreak-even cash flow provides zero risk margin
Virtually break-even cash flow (-$39/mo) on new construction (2022) with 6.2% cap rate. Low repair risk, but essentially no monthly profit margin after expenses. HOA community requires verification that Section 8 rentals are permitted. Not worth the capital deployment.
HQS: Lowbreak-even cash flowHOA community must approve Section 8 rentalno positive cash flow incentive
Modern townhome (2006) in pet-friendly community with excellent move-in condition (appliances, washer/dryer included). HQS risk is minimal. However, negative cash flow (-$47/month, -1.1% CoC) despite low repair needs. $460 HOA and mortgage dominate returns. Better suited for owner-occupancy than Section 8 rental. Price is 5-10% too high for rental income stream.
Smallest unit in batch (720 sqft) with single bathroom limits rental appeal and HQS compliance. Recent roof is minimal protection; 1950 construction with $25K repair estimate indicates widespread system decay. Breakeven cash flow (-$52/mo) and 6.1% cap rate fail investment thresholds, even without HOA drag.
HQS: High39 days on market—moderate hold timeNegative cash flowVery old (1950)Single bathroomSmallest unit (720 sqft)High HQS repair estimate ($25K)Pre-1978 lead disclosure required
Well-maintained South Venice home with split-bedroom privacy, updated shower, and zero HOA. 1977 construction is a critical concern: pre-1978 means likely lead paint requiring disclosure and possible $3-5K abatement before HQS inspection. Combined with -$53/month cash flow and $265K price point, this doesn't pencil out. The cap rate of 6.1% is decent, but the cash flow is essentially zero, leaving no margin for error.
HQS: Medium1977 construction—lead paint disclosure required; abatement likely needed before HQS clearanceBreak-even cash flow: -$53/monthPrice ($265K) too high for 2BR 34293 Section 8 income
This 1976 Venice property has the highest estimated repair cost ($25K) in the entire batch. Pre-1978 lead paint exposure, aging mechanical systems, and screened lanai/fenced yard likely trigger HQS violations. Large repair burden combined with negative cash flow (-$53) makes this unworkable. Lead testing and remediation cost would consume all equity. Skip despite privacy appeal.
HQS: High60 days on marketBuilt 1976 — lead paint almost certainHighest repair estimate ($25K) in batchScreened lanai may trigger maintenance requirementsNegative cash flowFoundation/envelope age concerns
Excellent system condition (HVAC 2019, Water Heater 2020, Roof 2022) indicates low HQS risk. However, negative cash flow -$56/mo and $10K repair estimate offset the benefits. 6.1% cap rate is acceptable but monthly burn makes this marginal.
HQS: LowSlight negative cash flowRepair estimate $10K somewhat high given recent system updates
'Move-in ready' with remodeled kitchen and furnished status indicates low HQS risk, BUT furnished units complicate Section 8 programs (many SHA require unfurnished). Negative cash flow -$56/mo. 6.0% cap rate acceptable but monthly burn and furnishing restriction rule this out.
HQS: Low5 days on marketFurnished unit (may violate Section 8 requirements)Furnished status may disqualify for Section 8Negative cash flowHigh HOA relative to rent
Virtually identical to Unit D40 at same address—same 2005 construction, same $579 HOA burden, same negative cash flow (-$59 vs -$21). Virtual staging photos raise condition concerns. The $579 HOA severely constrains profitability on 3BR at $2,948 payment standard. Low HQS risk cannot overcome structural rent-to-expense imbalance.
HQS: Low62 days on marketVirtually staged photosVirtually staged photos suggest cosmetic focusHigh HOA ($579)Negative cash flowSimilar to neighboring Unit D40 with same problems
Pre-1973 end-unit with updated bathrooms but high HQS risk (lead paint, older electrical/plumbing). Negative cash flow of -$67 and $10K repair estimate compound the issue. 44 days on market shows stagnation. Only viable if price drops to $175K or below.
HQS: High44 days on marketend-unit may have moisture riskPre-1978 = lead paint remediation requiredNegative cash flowEstimated $10K repairs neededCap rate 6.0% is marginal after repair costs
New construction with no HOA, but negative cash flow of $69/month on a 2-bedroom in lower-rent Wimauma makes this marginal. At $201.6K with SHA payment of $1,716, the rent just doesn't support the property cost.
Virtually identical to 2236 Rosefinch Hill Pl (same development), just listed 1 day ago. Negative cash flow of $71/month makes this non-viable regardless of move-in-ready condition.
Solid block construction Richmond original on large 10K sqft lot with low flood risk (X zone), but 1975 construction means likely lead paint requiring disclosure and possible abatement ($3-5K). Negative cash flow of -$71/month makes this unworkable despite decent cap rate of 6.1% and no HOA. The big lot is nice but adds maintenance burden and property tax exposure.
HQS: Medium1975 construction—lead paint disclosure required; abatement may be needed before HQS inspectionNegative cash flowLarge 10K sqft lot increases maintenance and property tax
Negative $74/month cash flow despite 2019 construction and minimal $6 HOA. While the assumable VA loan at good rate is attractive, it doesn't overcome negative cash flow fundamentals. The 6% cap rate is reasonable but not enough when actual cash flow is negative. This property fails the most basic investment criterion.
HQS: Low143 days on marketnegative cash flow despite recent constructionnegative cash flowweak 1% cash-on-cash return turns negativeexpenses slightly exceed voucher rent leaving no marginassumable VA loan mentioned but didn't attract buyer suggests other issues
Barely breaks even monthly (-$79) but fails on capital recovery. While cap rate of 5.7% is respectable, $10k repair estimate for HQS compliance eliminates returns. Pre-1972 construction despite described updates raises lead paint concern requiring disclosure verification.
HQS: MediumPre-1978 construction requires lead disclosureMarginal cash flow cannot absorb unexpected repairs
Marketed as 'freshly painted' with new impact windows, but negative cash flow -$82/mo. Excessive HOA ($588) is 28% of rent—the primary problem. 5.7% cap rate is acceptable but monthly deficit makes this unworkable.
HQS: MediumNegative cash flowVery high HOA ($588) consumes 28% of rentPre-1973 property
1972 property with impressive list of recently completed major repairs (impact windows, 2-year roof, new AC, remodeled kitchen, repiped). This level of deferred-maintenance history is a caution flag: suggests prior water damage, foundation issues, or poor original construction. Despite the cosmetic updates, it still produces -$83/month cash flow. The itemization of 'many repairs done' in marketing suggests buyer needs reassurance—be skeptical.
HQS: MediumListing emphasizes 'many major repairs and replacements done'—may indicate history of deferred maintenance or water damage1972 construction—lead paint disclosure requiredNegative cash flow despite recent major repairsExtensive repair history may mask deeper structural issues
This 1976 Venice home presents multiple deal-breakers: Pre-1978 lead paint compliance risk, $10K HQS repair estimate (highest in batch after 901 Ponderosa), and negative monthly cash flow (-$96). Combined repair costs and cash flow losses eliminate Section 8 viability regardless of charming finishes. Lead disclosure and paint testing are mandatory before HQS inspection.
HQS: High73 days on marketBuilt 1976 — lead paint risk if not disclosed/remediated$10K repair estimate1 bathroom for 2 bedrooms tightNegative cash flow
'Renovated, turn-key' ground-floor unit with low HQS risk. However, negative cash flow -$102/mo and high HOA ($569) consume rent. 5.7% cap rate is solid but cash burn makes it unviable. List at $175K suggests distressed pricing.
HQS: Low6 days on marketFurnished status may complicate Section 8Negative cash flowHigh HOA ($569) is 26% of rent
New 2020 build with minimal HQS risk and excellent 3BR upside ($2,948 rent). However, negative cash flow of -$105/month and premium amenities in Wellen Park drive HOA to $533. Near break-even but too tight. 51 days on market indicates slow sales. Skip unless price negotiates down 5-8%.
HQS: Low51 days on market = slow in new communityresort-style amenities suggest high maintenance costsNegative cash flowHigh HOA relative to rentNew build premium pricing not justified by Section 8 rent
Despite recent cosmetic updates (flooring, cabinets, appliances), this property barely clears breakeven with -$106/mo cash flow. High HOA ($438/mo) on a modestly-priced unit, combined with 5.7% cap rate, fails the minimum threshold for Section 8 rental investment.
HQS: LowOnly 3 days on market—possible indicator of overpricingNegative cash flowHigh HOA relative to rent
New construction in Wimauma with zero HOA, but negative cash flow of $117/month and $62K down payment makes this unworkable. The price is simply too high relative to SHA payment standard for this zip code.
Listing emphasizes 'turnkey-furnished' status, which complicates Section 8 lease structure (landlord must remove furnishings or qualify them as chattels, not real property). Older 1981 construction requires attention to HQS compliance. Negative cash flow (-$122/month) and high HOA fees ($534) make this uneconomical despite decent cap rate of 5.6%.
HQS: Medium153 days on marketnegative cash flowfurnished unit complicates Section 8 lease structure
Virtually identical to 17267 Southern Haven Dr, but $1K more expensive ($271K vs $270K). Negative cash flow of $124/month is unworkable. Multiple similar properties in this phase suggest builder has overpriced relative to Section 8 market.
Passes 1% rule ($249K × 1% = $2,490 vs $2,530 rent) but still produces negative monthly cash flow of $126 due to high $392/month HOA. 11 days on market suggests good location, but the HOA burden makes this unworkable for Section 8 investment.
HQS: LowNegative cash flow despite passing 1% ruleHOA too high for margin
Recent construction (2015) offers low HQS risk, but $2,200 payment standard significantly undershoots the home's operating requirements. Negative cash flow (-$135/month) and 5.8% cap rate are unacceptable for Section 8 investment. Listing notes 'needs TLC' despite 2015 build, suggesting deferred maintenance and hidden costs.
HQS: Low75 days on marketNeeds TLC despite recent buildNegative cash flowBelow-market FMR relative to 3BR rateDeferred maintenance flagged
Described as completely updated with good 5.3% cap rate, but -$138/month negative cash flow prevents qualification. $150k purchase price paired with $480 HOA creates structural expense challenge. Better suited as owner-occupied seasonal property than investment rental.
208 Cape Harbour Loop Unit 108, Bradenton, FL 34212
Pass
Purchase Price
$
Mo. Rent (SHA)$2,537
Cash Flow$-140/mo
Cap Rate5.7%
CoC Return-3.1%
Down (20%)$45,999
Repairs$3,000
HOA/mo $528
Total Cash In$53,999
1.10% rule (rent/price)
End-unit 3BR in upscale Lighthouse Cove offers attractive 34212 payment standard of $2,537 and low repair costs. However, negative cash flow of -$140/mo and 5.7% cap rate are marginal. High HOA ($528 = 21% of rent) leaves no profit margin. Gated waterfront community amenities are nice but don't translate to positive cash flow. Requires price reduction of $30K+ to become viable.
HQS: Lownegative monthly cash flowgated upscale community may have rental restrictions5.7% cap rate is below acceptable 6%+ threshold
Only 1 bathroom limits appeal; described as updated (cabinets, appliances, vanity) but negative cash flow -$142/mo persists. High HOA ($560) is 29% of rent. 5.2% cap rate and $10K repairs push CoC to -3.8%.
HQS: MediumOnly 1 bathroom (limits market)Negative cash flowHigh HOA as percentage of rentCap rate 5.2% borderline
Negative cash flow of -$143/month immediately disqualifies this property. At $215k for a 2BR in Bradenton where rent is only $1,727, the rent-to-price ratio is unsustainable. Would need $180k pricing to break even.
55+ age-restricted community with negative cash flow and Section 8 tenant eligibility concerns. Despite 5.5% cap rate, -$146/mo cash flow and $10K repair estimate make this unfeasible. Community restrictions and demographics create risk for Section 8 program qualification.
HQS: Medium55+ community may prohibit Section 8 or have restrictive rulesnegative monthly cash flow1958 construction may have hidden issues despite 'move-in ready' description
Despite low HQS risk (immaculate 1993 townhome), the $2,574 payment standard is overwhelmed by high HOA fees ($557/month). Negative monthly cash flow (-$146) and 5.6% cap rate make this unworkable. The $557 HOA is the deal-killer; it consumes 22% of rent.
HQS: Low62 days on marketVery high HOA ($557/month)Negative cash flowPayment standard insufficient for expenses
1962 historic property carries substantial HQS risk from pre-1978 lead paint and aging systems. The $25K estimated repair cost plus -$149/month negative cash flow makes this uneconomical. Lead paint abatement and system upgrades needed to pass Section 8 inspection would exceed returns for decades.
HQS: High103 days on marketPre-1978 construction (lead paint disclosure required)Historic property likely requires major electrical, plumbing, HVAC system upgrades
Recently updated kitchen/bath/windows provide some HQS comfort on 1973 property, and no HOA is a plus. However, negative cash flow of -$154/month and cap rate of 5.5% fall short of investment criteria. Quick listing (4 days) and 'NEW ON THE MARKET' language suggest urgency.
HQS: MediumVery quick listing (4 days)NEW ON THE MARKET languageBuilt 1973 (pre-1978 lead paint)Negative cash flowCap rate below 7%
1986 furnished golf-course-view condo in Par Four community with updated finishes and second-floor lanai. Turnkey furnished and only 1 bathroom in 860 sqft is limiting. But the deal-killer is $568/month HOA—at $2,288 rent, you're paying 25% to HOA and still losing -$156/month cash flow. The furnished aspect also complicates Section 8 HQS (furnishings must meet standards too). Cap rate of 5.4% barely passes the threshold.
HQS: LowHOA of $568/month is extremely high for this rent levelFurnished property—verify Section 8 accepts furnished units and all furnishings meet HQSNegative cash flow: -$156/monthSingle bathroom limits tenant pool
Built in 1978 (pre-1978 cutoff for lead paint), this property requires lead paint certification and likely remediation. Listed as 'fully furnished,' which complicates Section 8 lease structure. 55+ community restricts tenant pool. Negative cash flow (-$159/month) is the only advantage versus other Englewood properties, but insufficient to offset age and community restrictions.
HQS: High191 days on marketpre-1978 construction—lead paint risk and remediation costfurnished unit complicates Section 8 lease55+ age-restricted community
Marginal negative cash flow (-$164) despite decent 5.4% cap rate. 55+ community with new roof (2024) is positive for HQS compliance, but rent barely covers expenses. High HOA ($459) and tight margin makes negotiation critical to work.
HQS: Medium55+ age-restricted communityNegative cash flowTenant pool limited to seniors may reduce Section 8 demand
Negative cash flow of -$168/month combined with cap rate of 5.5% fails investment criteria. Year built unknown prevents proper HQS assessment. At $219K price point, this property is overpriced relative to rental income.
HQS: MediumNo days on market dataNegative cash flowYear built unknownCap rate below 7%
No HOA is ideal, but 34287 North Port zip code has lowest payment standard in batch ($1,771), insufficient to cover expenses. Negative cash flow of -$171 and 1980 build requiring TLC ($6K repairs) disqualify. Would need price under $180K or payment standard increase.
HQS: MediumNeeds TLC20 days on marketLowest rent in batch ($1,771) doesn't support expensesNegative cash flow$6K repair estimate needed1980 build in lower-cost North Port zip suggests deferred maintenance
Cheapest entry price in batch ($132.5K) but offset by high HOA ($543 = 31% of rent) and $25K repair requirement. 1972 end-unit villa with negative cash flow and high deferred maintenance risk. Despite low purchase price, total cash invested ($56.5K) with only -3.8% CoC creates poor risk/reward. HOA is suspiciously high for older property.
HQS: Highpre-1978 construction - lead paint inspection mandatoryvery high HOA for property age and sizesignificant repair costs requirednegative cash flowlow CoC despite low entry price
Move-in-ready end-unit with 2025 kitchen renovation, luxury vinyl floors, and no-flood zone designation in investor-friendly Garden Walk community. However, negative cash flow of -$183/mo and 5.0% cap rate are insufficient. Despite positive positioning, fundamentals don't support Section 8 investment without significant price reduction. Low HOA ($385) is a bright spot, but not enough to overcome cash flow gap.
HQS: Lownegative monthly cash flow1972 construction despite recent updates5.0% cap rate at breakeven threshold
Move-in ready (3-year-old roof, dual AC, newer appliances) with low HQS risk, but negative cash flow of -$183/month and marginal 5.4% cap rate disqualify this deal. Price is too high for the rental income supported.
HQS: Low5 days on market suggests recent listingNegative cash flowPurchase price exceeds rental income capabilityCap rate below 6% on newer property
1985-built Curry Cove townhome offers low HQS risk and modest repair costs, but 55+ community occupancy restrictions bar Section 8 family tenants. Without occupancy relief, rental viability is eliminated. Negative cash flow of -$183/month plus 5.3% cap rate further disqualify this deal.
HQS: Low119 days on market55+ community - prohibits Section 8 tenants under age 55
Listing explicitly mentions 'SELLERS ARE MOTIVATED'—a classic distress signal suggesting difficulty moving the property. Older 1981 construction will likely require HQS inspection repairs ($4K estimated). Negative cash flow (-$185/month) makes this unprofitable for rental investment despite lack of HOA. 144 days on market is substantial.
HQS: Mediummotivated sellers144 days on marketnegative cash flow
Negative cash flow of $186/month despite newer 1995 construction. The highest HOA in the batch at $572/month is the culprit—it alone consumes 22% of voucher income. Listing shows 'HUGE PRICE IMPROVEMENT (X2)' indicating multiple price cuts and market rejection. Pet-friendly marketing suggests this is marketed to owner-occupants, not investors.
HQS: LowHUGE price improvement X2 (multiple price reductions)166 days on marketpet-friendly community positioningvery high HOA relative to voucher rentnegative cash flowmarketing suggests resident community, not investor-friendly
3-bedroom command higher SHA payment of $2,537, approaching break-even with -$187/month negative cash flow. Modern 2005 construction and low repair estimate are positive, but 5.5% cap rate sits below 7% threshold. Lakewood Ranch premium pricing and HOA structure limit feasibility.
HQS: LowLakewood Ranch community HOA—verify no rental restrictions
Well-maintained 2018 SFH with good bones and low HQS risk, but the $2,200 rent estimate is insufficient across all operating scenarios. Negative monthly cash flow (-$187) and 5.5% cap rate remain unworkable. Short sale status suggests possible hidden defects or pricing challenges. Requires 15-20% price reduction to achieve viability.
HQS: LowShort sale33 days on market suggests seller pressureNegative cash flowShort sale statusPrice significantly above payment standard sustainability
Fully furnished ground-floor unit with recent HVAC and renovations shows investor intent, but negative cash flow of -$189/mo kills investment thesis. 4.9% cap rate at breakeven is insufficient. HOA ($446) is 26% of rent. Furnished status suggests prior short-term rental use - may have community restrictions on long-term Section 8 lease.
HQS: Lowfully furnished property (suggests investor flip/short-term rental)negative cash flow despite recent renovationsfurnished property may indicate prior rental use or flipHOA restrictions may prohibit long-term rental
Furnished turnkey property cannot overcome structural headwinds: negative cash flow (-$190/mo), 5.5% cap rate, and high HOA ($484/mo). 1973 vintage with impact windows only partially addresses aging systems. Rental potential does not justify purchase price in current market.
HQS: Medium26 days on market—moderate hold timeNegative cash flowHigh HOA ($484/mo)Low cap rate
7193 W Country Club Dr N Unit 237, Sarasota, FL 34243
Pass
Purchase Price
$
Mo. Rent (SHA)$2,574
Cash Flow$-198/mo
Cap Rate5.4%
CoC Return-3.7%
Down (20%)$48,980
Repairs$10,000
HOA/mo $523
Total Cash In$63,980
1.05% rule (rent/price)
1973 construction triggers pre-1978 lead paint disclosure requirements and likely HQS concerns. Negative cash flow of $198/month plus $10K repair estimate makes this unworkable. Updated kitchen doesn't overcome the fundamental age and system risks. High HOA of $523 exacerbates the cash flow problem.
HQS: High129 days on market1973 constructionnegative cash flowpre-1978 construction (lead paint disclosure required)old HVAC/plumbing/electrical systems likely need replacementnegative cash flow$10K repair estimate suggests major systems aginghigh monthly expenses relative to voucher rent
Negative cash flow of -$201/month despite North Port's affordability tier. At $229.9k, the property is overpriced relative to the $1,771 SHA payment standard. Small unit (887 sqft) further limits appeal. Would need $190k pricing to reach breakeven.
New roof (2025) and fresh paint provide some HQS comfort for 1973 build, but negative cash flow of -$202/month and cap rate of 5.3% fail minimum criteria. Pre-1978 lead paint risk requires disclosure and testing.
HQS: MediumQuick listing (7 days on market)Built 1973 (pre-1978 lead paint)Negative cash flowCap rate below 7%
Turnkey furnished with golf course views and low HQS risk, but negative cash flow of -$207/month in move-in-ready condition is concern. HOA $558 is highest relative to smallest sqft (908 sq ft). 42 days on market suggests overpricing for rental investor. Furniture adds no tenant value.
HQS: Low42 days on marketfurnished property adds liabilitygolf community HOA likely to increaseNegative cash flow despite move-in readyFurnished units complicate tenant turnover for Section 8Highest HOA-to-sqft ratio in batch
Negative cash flow (-$208/mo) despite reasonable 5.4% cap rate. High HOA ($446) combined with payment standard creates unsustainable monthly deficit. Golf course views don't offset the economics.
HQS: LowNegative cash flow18 days on market (normal), high HOA relative to rent
Despite low purchase price of $119k, negative cash flow of -$212/month makes this unprofitable. High HOA of $575 eats majority of SHA payment. With $10k estimated repairs for HQS compliance, total cash invested becomes prohibitive. Price adjustment signals potential market weakness.
HQS: MediumAMAZING PRICE ADJUSTMENTFirst to see will buyHigh HOA relative to rent payment1980 construction requires HQS inspection scrutiny
Negative cash flow of -$212/month and below-threshold 5.3% cap rate eliminate this property. Even with the higher 34208 payment standard ($1,837), the $240k purchase price is fundamentally misaligned with rent-generating potential.
HQS: MediumNegative cash flowBelow 5% cap rateYear built unknown
3500 Lake Bayshore Dr Unit K101, Bradenton, FL 34205
Pass
Purchase Price
$
Mo. Rent (SHA)$1,617
Cash Flow$-218/mo
Cap Rate4.2%
CoC Return-7.9%
Down (20%)$24,200
Repairs$4,000
HOA/mo $569
Total Cash In$33,200
1.34% rule (rent/price)
Beautifully renovated 55+ 'Bayshore on the Lake' community unit with first-floor end-unit appeal, but extreme HOA ($569 = 35% of rent) dominates economics. Negative cash flow of -$218/mo despite recent renovations. 55+ age restriction creates Section 8 approval complications. Marketed as seasonal/vacation property, not investment-grade rental.
HQS: Low55+ age-restricted communityextremely high HOA relative to payment standardnegative cash flow despite recent renovationsmarketed for seasonal/vacation use, not long-term rental
This property is in a 55+ age-restricted community, which typically prohibits or heavily restricts Section 8 tenants (HUD voucher holders must be any age; communities cannot restrict based on age and restrict rentals separately). Verify with HOA before proceeding. Beyond the community restriction, negative cash flow (-$218/month) and moderate HOA fees eliminate investment value.
HQS: Low157 days on marketnegative cash flow55+ age-restricted community—verify Section 8 rental compatibility with HOA
Well-maintained 1986 end-unit villa in Hourglass Lakes 'maintenance-free' community with generous 1,674 sqft and 2-car garage. Vaulted ceilings and bright natural light are appealing. However, negative cash flow of -$219/month and cap rate of 5.4% (just above the 5% pass line) make this unworkable. At $265K, you're overpaying for the location and size relative to Section 8 income.
HQS: LowNegative cash flow: -$219/month despite low HOAPrice point ($265K) is too high for Section 8 2BR rental
Brand-new 2024 Lennar construction with excellent HQS profile cannot overcome negative cash flow (-$232/mo) and weak 5.4% cap rate. New construction premium ($269.9K for 3BR in Palmetto) prices out Section 8 rental returns. Even with minimal repairs, rent does not support mortgage + HOA structure.
HQS: Low45 days on market—slower sales for new constructionNegative cash flowBelow 6% cap rateNew construction premium limits rental ROI
Negative monthly cash flow of $238 combined with $10K repair estimate makes this unworkable. The listing mentions 'price improvement' and 'ready for your personal touch,' signaling deferred maintenance. High HOA of $471 crushes the deal fundamentals.
HQS: Mediumprice improvement (price reduction)197 days on marketdeferred maintenance languagenegative cash flowhigh HOA relative to income$10K repair estimate suggests structural/systems issues
1980 townhome with recent comprehensive updates: new kitchen, TPO roof (sealed to hurricane code), new AC, fresh paint, new carport and screen room. Mechanically solid (LOW HQS risk), but the $412/month HOA relative to $1,848 rent is fatal: -$240/month cash flow and 4.8% cap rate. The motivated seller signal (licensed broker wants to unload it) combined with distress indicates the numbers don't work for investors.
HQS: LowSeller is licensed real estate broker motivated to sellHOA of $412/month is too high for 2BR 34285 rentNegative cash flow: -$240/month
Negative cash flow of $242/month makes this unworkable. High HOA of $420 combined with $2,816 in total expenses far exceeds the $2,574 voucher rent. The 5.3% cap rate is below target. 209 days on market suggests market skepticism.
HQS: Medium209 days on marketnegative cash flowHOA too high relative to voucher rentexpenses exceed rental incomegolf community with restricted amenities
Foreclosure/short sale with 205 days on market signals distress. Negative cash flow of -$243/month kills the deal. High repair costs ($37.5K) for 1954 construction and unknown condition. Lead paint compliance risk (pre-1978). Cap rate 5.2% does not justify the capital and operational headaches.
HQS: Highforeclosureshort sale205 days on marketinvestor specialin need of repairspre-1978 constructionlead paint disclosure requiredforeclosure statusextensive repairs needed
Marketed as 'TURNKEY' with golf course views, but negative cash flow -$250/mo undermines turnkey status. 5.3% cap rate is acceptable but cash burn makes this unviable. HOA fees ($420) eat into returns.
HQS: LowNegative cash flow5.3% cap rate marginalHigh HOA for rent level
This property is in a 55+ age-restricted community, which creates the same rental restriction concerns as the Venice villa. HOA fees ($600/month) are excessive relative to rent ($1,672), leaving only $1,072 for mortgage, taxes, insurance, and maintenance. 248 days on market shows investor reluctance. Age restriction alone disqualifies this from Section 8 consideration.
HQS: Medium248 days on markethigh HOA feesnegative cash flow55+ age-restricted community—likely prohibits Section 8 tenants
5509 Fountain Lake Cir Unit C110, Bradenton, FL 34207
Pass
Purchase Price
$
Mo. Rent (SHA)$1,727
Cash Flow$-269/mo
Cap Rate4.3%
CoC Return-7.0%
Down (20%)$31,000
Repairs$10,000
HOA/mo $495
Total Cash In$46,000
1.11% rule (rent/price)
Negative cash flow of -$269/month with 4.3% cap rate fails investment threshold. $10k repair reserve for 1981 construction reduces already-thin margins. No listing description provided—limited due diligence possible.
Negative cash flow of -$277/month disqualifies this otherwise modern (2001) property. New roof and vinyl flooring provide low HQS risk, but the $320/month HOA combined with cap rate of 5.1% makes this unworkable for cash flow investing.
New construction (2021) with assumable loan at 3.25% (excellent rate opportunity), but still shows -$280/mo cash flow at SHA payment standard of $1,925. HOA is reasonable ($228), but negative returns and lack of equity buildup make Section 8 investment unviable unless loan assumption significantly improves long-term position.
HQS: Lownegative cash flow despite new constructionHOA community - verify rental policy permits Section 8
Modern Southshore Bay community property (2023), move-in ready, excellent HQS profile. However, $255K price grossly exceeds Wimauma market rental demand. Negative cash flow (-$282/month, -5.8% CoC) despite new construction and low repair risk. $257 HOA + mortgage consume all revenue. 118 DOM confirms investor fatigue. Wimauma location is 30+ minutes from Sarasota proper—limited tenant pool despite Section 8 availability. Pass unless price drops to $215K or below.
Negative cash flow of -$285/month with marginal 5.0% cap rate disqualifies this property. Despite larger unit (1,842 sqft), the $249k price far exceeds rental income potential. Rural Arcadia location compounds risk. Would need $60k+ price reduction.
HQS: MediumNegative cash flowAt-threshold cap rateRural locationYear built unknown
Recent roof and impact windows indicate low HQS risk, but negative cash flow of -$288/month is disqualifying. 55 days on market suggests market awareness of pricing issue. Even with updated systems, property cannot support purchase price relative to Section 8 rent ceiling.
HQS: Low55 days on market = 8 weeks staleNegative cash flowSignificant market time suggests overpricedCap rate below 5%
Modern 2006 construction with low HQS risk and move-in-ready condition, but negative cash flow of -$289/month and cap rate of 5.0% fail investment criteria. 55+ gated community restricts tenant pool.
HQS: Low3 days on market55+ age-restricted communityNegative cash flowCap rate below 7%
NEGATIVE cash flow despite 'best value' marketing and recent roof/exterior work (2023). $575/month HOA fee is killer—expenses of $2,052 exceed SHA rent of $1,760 by $292/month. 1983 construction. Pass despite proximity to SRQ Airport and downtown Sarasota.
Major red flag property: $600/month HOA (36% of rent) with negative cash flow of -$292/month. $25K repair estimate on $135K property (18.5% of price) indicates significant HQS compliance risk. Cap rate of 3.8% is terrible. 55+ community further restricts tenancy.
HQS: High13 days on marketBuilt 1977 (pre-1978 lead paint)Extreme HOA costsLarge repair estimate ($25K)55+ age-restrictedNegative cash flowPoor cap rate
Move-in ready 55+ community with low HQS risk, but negative cash flow of -$295/month and 4.7% cap rate disqualify. Highest HOA on this batch ($550) is unsustainable for rent ceiling. 42 days on market reflects market sentiment.
HQS: Medium42 days on market55+ community limits tenant poolSeverely negative cash flowHighest HOA fees in batch ($550)Cap rate well below 5%
Negative cash flow of -$299/month with 4.9% cap rate (below 5% threshold) is disqualifying. At $244.5k, the property is significantly overpriced relative to the $1,760 SHA payment standard. Would need $210k pricing to approach viability.
HQS: MediumNegative cash flowBelow 5% cap rateYear built unknown
1979-built property with recent system upgrades and favorable X (no-flood) zone would normally be attractive, but negative cash flow of -$308/month and 4.8% cap rate fail minimum thresholds. Lead paint borderline risk on 1979 property creates additional HQS compliance uncertainty. No HOA helps but insufficient to overcome cash flow deficit.
HQS: Medium90 days on marketBuilt 1979 - lead paint disclosure likely required (HUD threshold is pre-1978 but borderline)
Built in 1964, this property carries significant HQS compliance risk despite recent HVAC, water heater, and roof replacements. Pre-1978 construction requires lead paint disclosure and inspection—potential $5K-10K remediation cost. Negative cash flow (-$309/month) and 212 days on market are additional red flags. Cap rate of 4.8% fails to justify the age-related risks.
HQS: High212 days on marketnegative cash flowpre-1978 construction—verify lead paint disclosure and inspectionestimated high repair cost ($10K) for HQS compliance
Brand-new 2024 construction (lowest HQS risk) cannot overcome fundamental rent-to-price mismatch. Large negative monthly cash flow (-$311) and 5.0% cap rate are severely underwater. The $212 HOA fee plus mortgage significantly exceed the $2,200 payment standard. Premium pricing for new construction is not justified in Section 8 rental economics.
HQS: Low75 days on marketLargest negative cash flow in batch (-$311/month)New construction premium pricing unjustifiedHOA $212/monthCap rate below 5.5% threshold
Pre-1977 construction carries lead paint risk and likely remediation costs. Recent price adjustment suggests seller desperation but insufficient to offset negative cash flow (-$312/month) and 3.7% cap rate. 55+ community restriction further limits tenant pool. New roof is helpful for HQS but does not mitigate age-related structural concerns.
HQS: High155 days on marketrecently price adjustedpre-1978 construction—lead paint risk and $10K remediation estimated55+ age-restricted communityhigh HOA fees ($600)
Turnkey furnished property with low HQS risk (2006 build, modern systems), but negative cash flow of -$314/month and cap rate of 5.0% fail investment criteria. High HOA fees relative to rent.
HQS: LowNegative monthly cash flowCap rate below 7% thresholdHigh HOA relative to rent
Brand-new 2025 luxury resort condo in Wellen Park Golf & Country Club with excellent finishes and amenities. Zero HQS repair risk (just built). However, brand-new properties are always problematic for rental investors: $417/month HOA plus builder/developer fees, negative $316/month cash flow, and 4.8% cap rate. The property hasn't yet aged enough for prices to stabilize and cash flow to work. This is a speculative developer property, not a rental investment. Wait 3-5 years if you like the location.
HQS: LowBrand-new 2025 construction—not yet stabilized for rental incomeHigh HOA ($417/month) + golf community fees typical of new luxury buildsNegative cash flow: -$316/month
Beautifully renovated 1980 villa in Circle Woods with extensive upgrades: impact windows, new A/C ductwork, new electrical panel, tankless water heater, plantation shutters. Mechanically excellent (LOW HQS risk), generous 1,383 sqft. However, -$319/month cash flow despite recent renovations reveals the fundamental problem: $240K is too high a price for this location and Section 8 rent level. Cap rate of 4.8% barely passes 5%, and negative cash flow kills the deal. The extensive renovation marketing suggests the seller overpaid initially.
HQS: LowNegative cash flow: -$319/month despite major recent renovationsPrice ($240K) too aggressive for 34293 Section 8 2BR market
Brand new (2024) townhome, fully furnished, move-in ready—HQS compliance is guaranteed. However, $232.9K price tag is dramatically overpriced for 2BR in Palmetto Section 8 market. Negative cash flow (-$328/month, -7.5% CoC) reflects new construction premium that has no place in rental economics. Better as furnished vacation rental than Section 8 investment. 94 DOM suggests builder struggling to sell.
Despite 'immaculate renovation' claims, 1974 build year creates pre-1978 lead paint liability and high $10K repair estimate signals HQS gaps. Negative cash flow of -$329/month and low 4.7% cap rate combined with expected lead abatement costs make this economically unviable for Section 8 investment.
HQS: High104 days on marketPre-1978 construction (lead paint disclosure and abatement required)High repair costs despite marketing claims of full renovation
Furnished turnkey and low repair estimate cannot justify negative cash flow (-$334/mo) and 4.8% cap rate. Excessive HOA ($600/mo—highest in batch, though it includes flood insurance) consumes rental margin. 53 days on market reflects market reality: this golf course property is overpriced relative to rents.
HQS: Low53 days on market—extended listingHOA includes flood insurance—flag for compliance verificationNegative cash flowExtremely high HOA ($600/mo)Below 5% cap rate
Negative cash flow (-$335/mo), low 4.8% cap rate, and 1961 construction with $25K repair estimate make this unworkable. No HOA benefit cannot overcome structural deficiency. Marketed for RV/boat storage, not residential rental—misaligned with Section 8 rental goal.
HQS: HighOnly 2 days on market—unusual for 1961 block homeNegative cash flowVery old (1961)Single bathroomBelow 5% cap ratePre-1978 lead disclosure required
55+ community condo with recently renovated kitchen, but severely underwater financially: -$336/month negative cash flow, 4.0% cap rate, and $563 monthly HOA. The 1971 construction may have lead paint concerns requiring abatement (pre-1978). Top-floor unit is a plus for HQS (fewer water intrusion risks), but the math doesn't work: you'd lose $4,038 annually. Section 8 communities often restrict 55+ properties anyway.
HQS: Medium55+ community may restrict Section 8 tenantsPre-1978 construction requires lead paint disclosure and potential remediationNegative cash flow property
Extensively updated 1986 townhome with low repair estimate suggests HQS compliance ready. However, -$337/month negative cash flow and 4.1% cap rate fall short of investment thresholds. Property has strong bones but rental income insufficient to support expenses.
This 55+ age-restricted villa offers worst cash flow in batch (-$337/month) and bottom-tier 4.5% cap rate. High HOA ($459) is unsustainable against $2,112 rent. Furnished status and 55+ community dynamics suggest history as resort/transient rental, not stabilized long-term occupancy. Age restriction severely limits tenant pool for Section 8. Multiple structural negatives make this unviable.
HQS: LowFurnished status55+ community focus62 days on market55+ age-restricted communityFurnished status (turnover risk)Worst cash flow (-$337/month)Very high HOA ($459)Below 5% cap rate
Despite 'beautifully maintained' description and low HQS risk, this 2003 ground floor unit generates second-worst cash flow (-$338/month) in batch. High HOA ($411) combined with modest $2,288 rent creates structural deficit. 4.8% cap rate and 87-day market exposure indicate broader pricing weakness. Low HQS risk cannot overcome fundamental economics.
HQS: Low87 days on market — longest listingLarge negative cash flow (-$338/month)High HOA ($411)Below 5% cap rateExtended market time suggests overpricing
Despite 'motivated seller' notation, this 2005 Venice townhome has worst cash flow (-$355/month) in entire batch. Extremely high HOA ($521) consumes 23% of rent before any mortgage or operating costs. 4.6% cap rate is unacceptable. Motivated seller signal is insufficient to overcome the structural rent-to-expense gap. Requires $30K+ price cut.
HQS: LowMotivated seller indicated83 days on marketWORST cash flow in batch (-$355/month)Highest HOA in batch ($521)Well below 5% cap rate
Gated resort-style community with high HOA ($461) consuming 25% of 34210 payment standard ($1,837). Negative cash flow of -$359/mo despite low repair costs. Cap rate of 4.1% falls below acceptable 5% threshold. Recently listed (3 days on market) but fundamentals don't support Section 8 investment.
HQS: Lowdays on market: 3 (new listing)high negative cash flowHOA dominates rental incomeamenity-heavy community may restrict rentals
Negative cash flow of -$365/month killed by high HOA fees ($592) that consume 32% of rent. Cap rate of 3.8% is below Section 8 minimums. While 1983 build is manageable, the expense structure makes this unworkable.
HQS: MediumNegative cash flowHOA fees too high relative to rentCap rate below 5%
Excessive HOA fees ($565) relative to payment standard ($1,760). Negative cash flow -$381/month, 3.6% cap rate, and CoC -10.9%. HOA consumes 32% of rent—economically unviable.
HQS: MediumNegative cash flowHOA $565/month is 32% of rentCap rate 3.6% below 5% threshold17 days on market
Beautiful 55+ community property described as updated with good amenities. However, 55+ age restriction directly conflicts with Section 8 tenant requirements—most voucher holders will not qualify for occupancy. Negative cash flow of -$385 with 4.3% cap rate compounds unfitness for voucher investing.
HQS: Medium55+ age-restricted community—Section 8 tenants ineligible by HOA covenant
This is 12 acres of vacant land with only a metal storage building—NOT a residential rental property. No house, no dwelling unit. Cannot be used for Section 8 voucher rental. HQS will reject as non-residential. This is a land investment/development property, not a rental.
HQS: High174 days on marketnon-residential propertyNOT A RESIDENTIAL PROPERTY—vacant land only0 bedrooms/0 bathroomsonly storage building, no dwelling unitcannot comply with HQS as residential rentalnegative cash flow of $402/month (based on FMR, not realistic for land)
4244 Central Sarasota Pkwy #726, Sarasota, FL 34238
Pass
Purchase Price
$
Mo. Rent (SHA)$2,596
Cash Flow$-403/mo
Cap Rate4.6%
CoC Return-7.7%
Down (20%)$55,000
Repairs$3,000
HOA/mo $560
Total Cash In$63,000
0.94% rule (rent/price)
Newer property (1999, low HQS risk), but negative cash flow -$403/month with only 4.6% cap rate. High HOA ($560) and short 6-day market listing may indicate overpriced for current market.
HQS: Low6 days on market (possible overpricing)Negative cash flow4.6% cap rate below acceptable 5% thresholdHigh HOA relative to rent
Excessive HOA fees ($576/month) make this unworkable—HOA alone represents 31% of potential rent. Negative cash flow of -$404/month means losing money monthly. Bird Bay Village is a resort-style community; verify that HOA allows Section 8 rentals.
HQS: Medium41 days on market (stale listing)Negative monthly cash flowHOA ~$576/month exceeds sustainable ratioVerify HOA allows Section 8 rentals
Built 1982 with high HOA ($599/month). Located in Plantation Golf and Country Club community with separate golf membership—verify HOA allows non-golf-member investors and Section 8 tenants. Negative cash flow of -$406/month combined with cap rate of 4.2% fails investment thresholds. Golf community location adds uncertainty on rental restrictions.
HQS: Medium30 days on market (freshest in Venice batch)Golf community—verify rental and Section 8 policiesNegative cash flow of -$406/month
Despite 2023 construction with modern amenities, 439 days on market (14+ months) is a screaming red flag. The market is rejecting this property and location. Negative cash flow of $415/month makes it unworkable. The fact that even new construction with granite counters and stainless steel can't move indicates severe location/market fundamentals problem.
HQS: Low439 days on market (EXTREME)new construction sitting on market for 14+ months suggests market rejectionextreme days on market despite modern constructionnegative cash flowmarket resistance to Wimauma location despite competitive pricing and amenitieslower voucher rent ($2,200) vs. expenses ($2,615)
Negative monthly cash flow of $421 and cap rate of 4.1% make this unviable for Section 8. The $530/month HOA is eating into rent margins—at $2,134 rent, HOA consumes 25% of gross, leaving insufficient NOI to cover maintenance, management, and vacancy reserves.
HQS: MediumHigh HOA relative to rentNegative cash flow
Negative cash flow despite scheduled HOA roof and paint completion. Pre-1990 build (1990 cutoff) and $280 HOA burden make this unworkable. Even with minimal repair needs ($1.2K), cap rate is subpar (4.3%) and monthly loss (-$425) is unacceptable. 97 DOM indicates weak market demand. Pass unless price negotiates $40K+ lower.
1984 condo in 'maintenance-free community' Woodlake with first-floor private garage and nice enclosed lanai. Structurally clean (LOW HQS risk), but $439/month HOA is unsustainable: combined with rent of $2,244, you're paying $2,674 in expenses and losing $430/month. Cap rate of 4.4% is below the 5% pass threshold. The garage and privacy are nice amenities, but not at this price/HOA combination.
HQS: LowHOA of $439/month is excessive relative to Section 8 rentNegative cash flow: -$430/month
1984 villa in Las Casas gated community with good bones. However, this is the worst cash-flow deal in the batch: -$440/month, 3.7% cap rate (well below 5% threshold), and $483/month HOA. Even at $199,900 entry price, the community HOA and limited income make this unworkable. You'd lose over $5,200 annually. The virtually-staged photos suggest the property isn't moving well—another caution.
HQS: LowListing uses virtual staging—property may not show well in personWorst cash flow in batch: -$440/monthCap rate of 3.7% is well below 5% pass thresholdHigh HOA ($483/month) relative to 34285 rent
Severely negative cash flow of -$442/month with poor 4.3% cap rate makes this property unsuitable for Section 8 rental. Small unit (848 sqft, 1 bath) and $250k price point are fundamentally mismatched to rental market. Strong pass.
HQS: MediumNegative cash flowLowest cap rate in batchYear built unknown
Turnkey furnished condo with low HQS risk (1995 build, updated HVAC, hurricane windows) but crippled by $277/month HOA (15.6% of rent) and resulting -$447 monthly cash flow. 55+ age restriction limits tenant pool. Cap rate of 4.0% is unacceptable.
HQS: LowTurnkey/fully furnished (inventory)4 days on market55+ age-restricted communityHigh HOA relative to rentNegative cash flowPoor cap rate
This is a climate-controlled storage facility for cars, RVs, and boats—NOT a residential rental property. Cannot be used for Section 8 voucher rental. HQS inspectors will reject immediately as non-residential. This should not be in a residential portfolio.
HQS: High348 days on marketnon-residential propertyNOT A RESIDENTIAL PROPERTY—storage unit only0 bedrooms/partial bathcannot comply with HQS as residentialnegative cash flow of $454/month confirms this is not a workable rental investment
Excellent HQS profile—recent HVAC (2022), roof (2024), impact windows—but negative cash flow (-$455/mo) and 4.2% cap rate disqualify it. High HOA ($430/mo) coupled with low rental income makes this a break-even at best scenario.
HQS: LowNegative cash flowHigh HOA ($430/mo)55+ community—verify Section 8 acceptance
Despite excellent HQS condition (new 2026 kitchen, new HVAC, new appliances, new carpet), negative cash flow of -$467/month and 4.0% cap rate make this untenable. Golf course property in gated community carries premium HOA ($574) that cannot be justified by rent.
HQS: LowSeverely negative cash flowHOA fees unsustainable for rentalPremium pricing not supported by rental income
While 1997-built condo has nature views and low repair needs, the $546/month HOA fee crushes returns. Combined with -$472/month negative cash flow and 4.1% cap rate, even significant price reductions cannot overcome the HOA overhead burden. This property fails the 1% rule (annual rent $27,456 vs $249,900 price).
HQS: Low92 days on marketPrice improvement mentionedExcessive HOA at $546/month limits return potential
Located in Gardens of St. Andrews Park at Plantation Golf & Country Club. Although turnkey furnished and built 1995 (low HQS risk), golf community membership restrictions and negative cash flow of -$476/month make this unworkable. Verify HOA allows Section 8 rentals—golf communities frequently restrict investor rentals.
HQS: Low33 days on marketGolf community—likely rental restrictionsNegative cash flow of -$476/month
Modern 2007 construction with brand-new roof (2024) and minimal repair estimate signals good HQS compliance potential. However, -$486/month negative cash flow and 3.9% cap rate fail investment thresholds. Heritage Harbour is upscale community—verify HOA permits Section 8 tenancy before pursuing.
HQS: Lowrecently renovatedHeritage Harbour community HOA—likely restricts Section 8
Despite recent renovations (new roof, AC, electrical panel, flooring), the property carries negative monthly cash flow of -$500 due to high HOA fees ($525/month) consuming most rental income. 247 days on market signals weak buyer/investor demand. Cap rate of 3.8% is unacceptable for Section 8 rental investing.
HQS: Low247 days on marketnegative cash flowhigh HOA fees relative to rental income
Negative $500/month cash flow and 4% cap rate make this unworkable for Section 8 rental. The $574/month HOA is excessive relative to rental income and significantly drains returns. Property sat 73 days on market despite updates, suggesting weak demand.
HQS: Medium73 days on marketnegative cash flowexcessive HOA relative to rent ($574/month)negative cash flow
Negative monthly cash flow (-$501) and cap rate of 4.2% make this unworkable, despite recent upgrades. High HOA fee ($387/mo) consumes any potential margin, and purchase price is overvalued relative to ZIP-code payment standard.
HQS: MediumNegative cash flowHigh HOA ($387/mo)Below-market cap rate
Despite 'beautifully renovated' description and prime location near Siesta Key Beach, property exhibits severe negative cash flow -$504/mo. 4.0% cap rate fails minimum 5% threshold. High HOA ($510) and repair costs eliminate any investment merit.
HQS: Medium5 days on marketHigh price point ($250K) relative to rentNegative cash flow -$504/month4.0% cap rate below 5% thresholdHigh HOA ($510) consumes 23% of rentCoC -9.3% deeply negative
Modern 2005 villa with low HQS risk and minimal repair needs, but $250K list price is 25-30% above rental income justification. Negative cash flow (-$506/month, -10.5% CoC) makes this an owner-occupancy play, not a rental investment. $300 HOA + mortgage far exceed Section 8 payment standard. 96 DOM confirms market agrees. Not viable.
Negative cash flow of $508/month and 2.8% cap rate are unacceptable. The $600 HOA is unreasonably high relative to a $1,672 rent payment, consuming 36% of income. Property lingered 89 days on market despite claimed updates, indicating weak demand or overpricing.
HQS: Medium89 days on markethigh HOA relative to rentnegative cash flowexcessive HOA ($600/month)1979 construction may need updates
Substantially overpriced relative to Section 8 rent ($269K list vs ~$336K needed for 6% cap). Negative cash flow despite low HOA. Pre-1973 build may have lead paint concerns. 136 DOM indicates weak market appeal. Not viable even with favorable HQS.
HQS: Medium136 days on marketprice improvement notation suggests prior price reductionPre-1978 property — verify lead disclosure
Overpriced 55+ community property with negative cash flow (-$531/mo) despite low repair costs. High HOA ($386) eats into 34221 payment standard ($1,925). Section 8 tenants may face age-restricted community restrictions. Cap rate of 3.7% offers insufficient return.
HQS: Low55+ age-restricted community may prohibit Section 8negative cash flowhigh HOA relative to payment standard
Severe negative cash flow (-$539/month, -$6,477/year) due to excessive HOA fees ($600/month). High HOA consumes 36% of gross rent. Even with strong HQS condition (1983, updated), economics are broken. Quails Run community may restrict Section 8 rentals—verify covenants.
HQS: Medium122 days on market$600 HOA makes unviableHOA covenants may restrict Section 8 rentals — verify before offer
5764 Sabal Trace Dr Unit 2B5764, North Port, FL 34287
Pass
Purchase Price
$
Mo. Rent (SHA)$1,771
Cash Flow$-554/mo
Cap Rate3.5%
CoC Return-12.8%
Down (20%)$45,980
Repairs$1,200
HOA/mo $353
Total Cash In$52,180
0.77% rule (rent/price)
Worst deal in batch: turnkey furnished 2006 build in gated community has catastrophic negative cash flow of -$554/month and 3.5% cap rate. Listed in lowest-rent North Port zip (34287, $1,771 payment standard), but priced at $229,900 — completely uneconomical. HOA $353 + rent $1,771 leaves $118 for ALL other expenses. Avoid.
HQS: Lowturnkey furnished adds no value for Section 8 investorgated community suggests high amenities costsSeverely negative cash flow (-$554/month)Lowest cap rate in batch (3.5%)Price-to-rent ratio inverted — priced for capital gains, not incomeHOA $353 in lowest-rent zip is dealbreaker
Despite updated appliances and amenities, the $510/month HOA fee drives expenses to $2,847—far exceeding $2,288 rental income. Result: -$559/month cash flow and 3.9% cap rate. 261 days on market (among the highest in batch) indicates market rejection. Not viable for Section 8 rental.
HQS: Low261 days on marketsignificantly negative cash flowhigh expenses relative to rent
Described as 'move-in-ready' yet carries $25k HQS repair estimate, indicating significant undisclosed defects. Pre-1978 construction creates lead paint risk requiring disclosure. Negative cash flow of -$562/month with 2.6% cap rate makes this unviable. High HOA of $550 consumes 34% of rent payment.
HQS: High'Move-in-ready' claim contradicts $25k repair estimatePre-1978 building—must verify lead paint disclosureRepair costs likely understated for 1975 vintageHigh HOA percentage of rent
Built 1978—lead paint risk (pre-1978 disclosure required). Severe negative cash flow (-$568/mo), weak 3.9% cap rate, and high repair estimates ($10K). 55+ community may complicate Section 8 tenancy.
HQS: HighPre-1978 lead paint riskNegative cash flow -$568/month55+ community (may restrict rentals)3.9% cap rate below 5% threshold
Payment standard for Englewood 34223 ($1,672 for 2BR) is significantly lower than Venice zip codes ($2,288). Even a well-maintained property cannot overcome the $573/month negative cash flow and 2.9% cap rate. 278 days on market (longest in batch) is a major red flag. This property simply does not work for Section 8 rental at current pricing.
HQS: Low278 days on marketsignificantly negative cash flowzip code payment standard too low relative to property price
6582 Fairway Gardens Dr #6582, Bradenton, FL 34203
Pass
Purchase Price
$
Mo. Rent (SHA)$1,760
Cash Flow$-600/mo
Cap Rate3.2%
CoC Return-14.1%
Down (20%)$44,799
Repairs$1,200
HOA/mo $427
Total Cash In$50,999
0.79% rule (rent/price)
Fairway Gardens at Tara luxury golf community townhome with minimal repair needs (1997 vintage). Despite low cap rate of 3.2% and -$600/month negative cash flow, primary issue is incompatibility with Section 8. Marketing of 'social membership included' and 'luxury' positioning indicates HOA actively restricts long-term rentals and Section 8 tenancy.
HQS: Lowluxury townhomegolf community focusFairway Gardens at Tara—exclusive golf community, HOA likely prohibits Section 8Property marketed to affluent buyers, not voucher-friendly
Fairway Gardens at Tara is an exclusive golf/country club community with luxury positioning. Significant -$616/month negative cash flow and 3.0% cap rate disqualify investment. Marketing emphasis on 'no mandatory membership fees' signals exclusive clientele resistant to Section 8 program requirements.
HQS: LowExclusive golf community likely prohibits Section 8 rentalsLuxury/golf-focused positioning incompatible with voucher program
Severely overpriced for rental market. Despite 'beautifully renovated' description, worst cap rate in batch at 2.6% with catastrophic -$630/mo cash flow and -15.6% CoC. Huntington Woods community HOA ($593 = 34% of rent) destroys investment potential. Property is priced for owner-occupancy, not income. Avoid entirely.
HQS: Lowsecond-worst cash flow in batchlowest cap rate (2.6%)extreme HOA relative to low payment standardsevere overpricing for Section 8 investment
Located in Harrington Lake at Plantation Golf & Country Club—golf communities typically restrict rental usage or require membership fees beyond HOA. Negative monthly cash flow of -$630, cap rate of 3.6%, and HOA of $546/month make this unviable. Verify rental restrictions with HOA before considering.
HQS: Low36 days on marketGolf community—likely rental restrictions or additional membership requirementsNegative cash flow of -$630/month
Built 1986 with moderate HQS risk. Negative cash flow of -$639/month and cap rate of only 2.9% are disqualifying. High HOA ($558/month) relative to lower Zip 34285 payment standard of $1,848 creates unfavorable expense-to-rent ratio. Turnkey furnished status doesn't overcome negative fundamentals.
HQS: Medium32 days on marketNegative cash flow of -$639/monthLow cap rate (2.9%)
Nearly identical to Unit J at Three Lakes (same community, same year, same size, same negatives). Built 1986, ground-floor end unit, but negative cash flow of -$639/month and cap rate of 2.9% are insurmountable. High HOA fees ($559/month) against lower payment standard ($1,848) creates structural unprofitability. Pass unless dramatic price reduction.
HQS: Medium31 days on marketNegative cash flow of -$639/monthLow cap rate (2.9%)
55+ age-restricted community with severe cash flow issues (-$640/month). Cap rate of 2.4% is the second-worst in the batch. Even though recent systems are in place (roof, appliances), the low payment standard ($1,672) cannot support the property's cost structure. 213 days on market confirms lack of investor interest.
HQS: Medium213 days on marketseverely negative cash flow55+ age-restricted community—likely restricts Section 8 tenants
Despite 'completely renovated' marketing and new roof, this is an overpriced property with worst cash flow in batch (-$647/mo, -14.8% CoC). New HOA fees paid through 01/01/2027 doesn't offset high ongoing HOA ($425) and poor 34203 payment standard of $1,760. 3.0% cap rate is unacceptable. Property is severely overpriced for rental investment.
HQS: Lowmarketed as 'move-in ready' with major work already doneHOA fees prepaid - sign of investor/flip intentworst cash flow in entire batchextremely negative CoC despite renovationscap rate only 3.0%high HOA eats into low payment standard
Despite low HQS risk (1994 build, end unit, well-maintained), this property is destroyed by $480/month HOA (28.7% of rent) and massive negative cash flow of -$665/month (-$7,985/year). Cap rate of 2.7% is unacceptable. Turnkey furnished status suggests investor inventory.
HQS: LowTurnkey/fully furnished22 days on market (aging)Very high HOA costsLarge negative cash flowTerrible cap rate
Listed as turnkey furnished vacation/short-term rental investment. While 1989 construction and low repair estimate suggest good condition for HQS, the -$677/month negative cash flow and 3.0% cap rate disqualify this as Section 8 rental. STR positioning indicates HOA likely prohibits long-term Section 8 tenancy.
HQS: Lowmarketed for short-term rentalsfurnished unitvacation investment focusHOA almost certainly restricts Section 8 rentalsProperty positioned against long-term stabilized rental income
Built 1982 with moderate HQS risk ($4K repairs estimated). However, negative monthly cash flow of -$696 and cap rate of only 2.7% make this a poor investment. The property fails on fundamentals—paying ~$696/month out of pocket is unsustainable.
HQS: Medium39 days on marketNegative cash flow of -$696/monthHigh HOA ($585/month)
Beautiful lake-view community property with low HQS risk, but the $424/month HOA (24% of rent) combined with $245K price point creates unsustainable negative cash flow of $726/month. Section 8 rent at $1,760 cannot support this expense structure.
HQS: LowHOA too high relative to SHA payment standardNegative monthly cash flowGated community may restrict Section 8 tenants
Severe negative cash flow of -$728/month and 2.2% cap rate make this a deal-breaker. The $579 HOA consumes 35% of rent. Despite move-in ready condition per listing, the rent ceiling in 34223 is simply too low relative to price. Property on market 87 days signals market rejection.
HQS: Low87 days on markethigh HOA relative to rentnegative cash flowexcessive HOAzip code FMR too low for this price
Despite turn-key condition and low HQS risk, price is completely disconnected from Section 8 fundamentals. At $268K, the 1% rule requires $2,680/month rent; actual SHA payment standard is $1,958. Negative cash flow of $746/month makes this unsuitable regardless of property condition.
Catastrophic deal: 508 days on market (17 months!) despite 2023 new construction is a massive red flag. Massive negative cash flow of $822/month makes this unworkable. This is a 55+ age-restricted community (Southshore Bay Club), which limits tenant pool—may conflict with fair housing or HQS. The $516 HOA on a $1,716 voucher rent is fundamentally broken economics.
HQS: Low508 days on market (EXTREME)55+ age-restricted community55+ age restriction may violate fair housing or limit Section 8 tenant eligibilityexcessive HOA relative to voucher rentnegative cash flow of $822/monthnew construction can't overcome location/market resistancenearly 17 months on market indicates unsellable at this price
Negative cash flow despite $1,837 SHA payment standard reflects high HOA ($475) and mortgage burden. Marketed as furnished short-term rental investment, not ideal for Section 8 long-term tenancy. Cap rate of 2.6% far below 5% threshold.
HQS: Mediummarketed for short-term rentalsfurnished unit suggests STR focusHOA likely restricts Section 8 rental use given STR positioning
Multiple critical issues: Built 1962 with lead paint concerns, located in 55+ community (major restriction on Section 8 eligibility), high HOA fees ($542/month), and severely negative cash flow of -$961/month. Cap rate of 2.2% is unacceptable. This property is unsuitable for Section 8 rental investing.
HQS: High40 days on market55+ age-restricted community—Section 8 tenants may be disqualifiedBuilt 1962—lead paint disclosure requiredNegative cash flow of -$961/monthHigh HOA fees
Catastrophic negative cash flow due to $578 HOA (35% of gross rent). Foxwood is a 55+ active adult community—nearly certain to prohibit long-term Section 8 rentals due to deed restrictions. Even with 2023 roof, rental economics are destroyed by HOA. DO NOT PURSUE.
HQS: Medium125 days on market55+ active adult community — virtually certain rental/Section 8 restrictions in deed$578 HOA makes cash flow impossiblevirtually zero cap rate (1.7%)
Move-in ready 2016 Valencia Lakes property passes HQS review. However, 55+ community age restrictions prohibit Section 8 family tenants, eliminating voucher eligibility entirely. Even without occupancy barriers, -$1,034/month negative cash flow and 1.8% cap rate are economically untenable.
HQS: Low98 days on market55+ community - prohibits Section 8 tenants under age 55
Completely remodeled move-in ready property destroyed by stratospheric HOA of $578/month (34.5% of rental income). Monthly cash flow is deeply negative at -$1,096. Section 8 rent of $1,672 cannot support $270K price. 55+ community may restrict tenant age/profile for Section 8 tenants. Even with zero repairs, this deal is unsalvageable without 35% price reduction.
HQS: Lowmotivated seller language151 days on market55+ age-restricted community may not accept Section 8 tenantsHOA price prohibitive for rental investorszip 34223 has low FMR relative to property price