14883 Rialto Ave · Brookridge, FL 34613

$155,155

2 bd · 2.0 ba · 1,144 sqft · Manufactured public records · 56 Days on market

Built 2022 6,000 sqft lot Est $149k · at est. $55/mo HOA · 3% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.1/30.0
• DSCR +6.0/10.0
• 1% rule +5.6/10.0
• ARV discount +5.6/15.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

COZY HOME W/ FINISHED FL ROOM W/ OWN H/A ROOF REPLACED 2YRS OLD NEW PLUMBING WATER HEATER CATHEDRAL CEILINGS VINYL SIDING DRYWALL IN LIVING DINING ROOM MUST SEE

Key facts

• Storage
• Split plan
• Wheelchair ramp

Tags

• WHEELCHAIR RAMP
• SPLIT PLAN
• INSIDE LAUNDRY
• LARGE WALK-IN CLOSET
• STORAGE

Property features AI

Finance

• Other: Senior community; Subdivision: Brookridge Comm Unit 3
• HOA & community: Homeowners association (monthly fee); Monthly association fee $55; Association amenities include clubhouse, golf course, RV/boat storage, shuffleboard court, storage, tennis courts, pool, security, and other amenities

Exterior

• Parking: Carport (1 space)
• Security: Gated community; Community security (association)
• Utilities: Public water; Public sewer; Underground electric; Cable available; Electricity available; Water available; Sewer available
• Home design: Manufactured home (double wide); One level; Residential property
• Construction: Vinyl siding
• Exterior features: Shingle roof; Shed(s); Has a view; Private maintained road; Asphalt road surface; Private road frontage; Other lot features

Interior

• Kitchen: Dishwasher; Refrigerator; Eat-in kitchen
• Bedrooms: Accessible bedroom features (accessible entrance and accessible living area noted)
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Ceiling fans; Eat-in kitchen; Open floorplan; Walk-in closet(s); Partially furnished; Accessible entrance and accessible central living area
• Laundry & utility: Washer and dryer in unit; Accessible washer/dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $166 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $150k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#421 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, health & safety C-, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Pine Grove Elementary School (math 60% / reading 45%, grade C-, #976 of 2,144 statewide, top 46%, 991 students, 60% FRL); West Hernando Middle School (math 36% / reading 37%, grade F, #405 of 571 statewide, top 72%, 695 students, 58% FRL); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 691 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 34% of the median local income ($59k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $69k; list at $155k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 7.57%
• Cash-on-cash: 4.57%
• DSCR: 1.20
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $148,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14883 Rialto Ave	0.00mi	2/2.0	1,144 (0%)	0mo	$148,000	$129	100
14986 Rialto Ave	0.19mi	2/2.0	1,188 (+4%)	2mo	$185,000	$156	83
8271 Modena Ave	0.27mi	2/2.0	1,265 (+11%)	0mo	$107,000	$85	70
8304 Weatherford Ave	0.38mi	2/2.0	1,056 (-8%)	1mo	$109,000	$103	68
15682 Brookridge Blvd	0.58mi	2/2.0	1,104 (-4%)	0mo	$144,000	$130	67
9259 Salvini Dr	0.73mi	2/2.0	1,152 (+1%)	1mo	$165,000	$143	64
8223 Fortune Hunter Dr	0.68mi	2/2.0	1,176 (+3%)	1mo	$100,000	$85	63
9847 Scepter Ave	0.60mi	2/2.0	1,248 (+9%)	0mo	$154,000	$123	56
9847 Scepter Ave	0.60mi	2/2.0	1,248 (+9%)	0mo	$154,000	$123	56
8305 Weatherford Ave	0.40mi	2/2.0	1,314 (+15%)	1mo	$193,000	$147	56
9155 Fontaine Dr	0.49mi	2/2.0	1,296 (+13%)	2mo	$172,200	$133	53
9128 Scepter Ave	0.62mi	3/2.0 (+1)	1,280 (+12%)	0mo	$183,000	$143	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -9.1%
• Equity multiple: 0.67×
• Total profit: $-14,531
• Equity at exit: $23,134

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,189
• Equity at exit: $13,415

Cash invested: $43,443 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34613

• Home prices YoY: -17.2%
• Active inventory: 691
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,649 high
• Mortgage (P&I): −$814
• Tax from tax record: −$204 /mo · $2,449/yr
• Insurance: −$65
• HOA: −$55
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $166

Break-even live

Break-even rent $1,440

Max offer price $155,155

Occupancy floor 85%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,789
• Closing costs: $4,655
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8407 Weatherford Ave Brooksville, FL	2.0	2.0	1104	$1,500	$1.36	17d	1	0.20mi
8917 Southern Charm Cir Brooksville, FL	3.0	2.0	1437	$1,695	$1.18	3d	1	0.24mi
8871 Southern Charm Cir Brooksville, FL	3.0	2.0	1482	$2,050	$1.38	24d	1	0.28mi
15466 Brookridge Blvd Brooksville, FL	2.0	2.0	828	$1,225	$1.48	24d	1	0.31mi
9919 Scepter Ave Brooksville, FL	3.0	2.0	1188	$1,250	$1.05	4d	1	0.54mi
14342 Starcross St Brooksville, FL	2.0	1.0	900	$1,025	$1.14	21d	1	0.74mi
14697 Brookridge Blvd Brooksville, FL	2.0	2.0	1056	$1,350	$1.28	24d	1	0.97mi
7124 Barclay Ave Unit A Spring Hill, FL	2.0	2.0	927	$1,500	$1.62	24d	1	1.37mi

HOA detail

• Monthly dues: $55 · $660/yr
• Likely covers: water

Listing history 7 events

1. 2026-05-08
   price $155,155
2. 2026-03-29
   listed $169,961 Active
3. 2005-05-31
   soldstatus $69,000
4. 2005-05-26
   soldstatus $89,000 160-char remark

   Show marketing remark (160 chars)

   COZY HOME W/ FINISHED FL ROOM W/ OWN H/A ROOF REPLACED 2YRS OLD NEW PLUMBING WATER HEATER CATHEDRAL CEILINGS VINYL SIDING DRYWALL IN LIVING DINING ROOM MUST SEE

5. 2005-02-22
   listed $74,500 160-char remark

   Show marketing remark (160 chars)

   COZY HOME W/ FINISHED FL ROOM W/ OWN H/A ROOF REPLACED 2YRS OLD NEW PLUMBING WATER HEATER CATHEDRAL CEILINGS VINYL SIDING DRYWALL IN LIVING DINING ROOM MUST SEE

6. 1992-06-02
   soldstatus $8,000
7. 1990-07-01
   soldstatus $6,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,449 · $204/mo
• Projected year-2 tax: $2,449 · $204/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,792
• − Mortgage interest: −$8,691
• − Property taxes: −$2,449
• − Insurance: −$776
• − Repairs & maintenance: −$1,583
• − Management: −$1,583
• − HOA: −$660
• − Depreciation: −$4,514
• Taxable loss: −$464
• Est. tax savings @ 24.0%: +$111
• After-tax cash flow: $2,098/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Brookridge

• Score: 70/100
• State rank: #421
• US rank: #7529

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookridge, FL
• County: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2485.9% since first listed

7 events — show timeline

• 2026-05-08 Price Changed $155,155 HCAR
• 2026-03-29 Listed $169,961 HCAR
• 2005-05-31 Sold (Public Records) $69,000 Public Records
• 2005-05-26 Sold (MLS) $89,000 HCAR
• 2005-02-22 Listed $74,500 HCAR
• 1992-06-02 Sold (Public Records) $8,000 Public Records
• 1990-07-01 Sold (Public Records) $6,000 Public Records

Property tax history

+17.9%/yr

Latest (2025): $2,449 · -2.8% YoY. Source: county tax records.