6110 Lyon Rd · Spring Hill, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +13.8/15.0
- Cash flow +12.2/30.0
- Schools +4.2/10.0
- DSCR +3.6/10.0
- 1% rule +3.5/10.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$235,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
Key facts
- Expansive lot
- Ample cabinetry
- Practical kitchen
Tags
Property features AI
Finance
- Other: Property type: Residential — Single Family Residence; Zoning: PDP; Total living area reported as 1,346 sq ft (public records); Building area reported as 1,838 sq ft (public records)
- HOA & community: No association indicated
Exterior
- Parking: Attached garage; 2-car garage
- Utilities: Public water; Septic tank sewer; Cable available; Electricity available
- Home design: Single family residence; Residential property; One story; Northeast facing
- Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on a 0.2-acre lot
- Exterior features: Screened patio/porch; Exterior lighting; Asphalt road access
Interior
- Kitchen: Dishwasher; Microwave; Range; Refrigerator
- Bedrooms: 3 bedrooms
- Flooring: Laminate; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air conditioning
- Interior features: Ceiling fans; Eat-in kitchen; Split bedroom floor plan; Walk-in closets
- Laundry & utility: Laundry closet
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $235k.
Deal economics
- At list price, monthly cash flow is $-47 ($-560/yr) — negative.
- To cash-flow at today's rent, offer at most $227k (3.5% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (15.2% below list).
- Recommended offer: $199k (15.2% below list) — sets the bar for 1% rule.
- Cap rate 6.1% vs local median 4.4% in Spring Hill — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 63/100 on livability (#738 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, 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.
- Market conditions: Rents soft (-0.9%/yr); 386 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 42% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 106 days — a 9% lower offer ($214k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 24y ago; this cycle's ask has dropped $40k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $89k; list at $235k implies a 164% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 106 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.85% ✗
- Cap rate
- 6.05%
- Cash-on-cash
- -0.85%
- DSCR
- 0.96
- GRM
- 9.8
CMA / ARV
- ARV (on-the-fly)
- $273,238
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6110 Lyon Rd | 0.00mi | 3/2.0 | 1,346 (0%) | 0mo | $235,000 | $175 | 100 |
| 6093 Deltona Blvd | 0.09mi | 3/2.0 | 1,268 (-6%) | 6mo | $301,000 | $237 | 81 |
| 6141 Freeport Dr | 0.13mi | 3/2.0 | 1,223 (-9%) | 1mo | $220,000 | $180 | 78 |
| 6098 Shannon Ave | 0.06mi | 2/2.0 (-1) | 1,217 (-10%) | 3mo | $239,000 | $196 | 74 |
| 6094 Shiprock Ave | 0.52mi | 3/2.0 | 1,324 (-2%) | 1mo | $275,000 | $208 | 72 |
| 6354 Freeport Dr | 0.49mi | 3/2.0 | 1,298 (-4%) | 5mo | $250,000 | $193 | 67 |
| 5283 Kirkwood Ave | 0.50mi | 3/2.0 | 1,452 (+8%) | 2mo | $295,000 | $203 | 62 |
| 5509 Moongate Rd | 0.32mi | 3/2.0 | 1,459 (+8%) | 13mo | $244,000 | $167 | 60 |
| 5215 Hope Ln | 0.54mi | 3/2.0 | 1,420 (+6%) | 13mo | $319,900 | $225 | 55 |
| 5373 Frost Rd | 0.58mi | 3/2.0 | 1,427 (+6%) | 10mo | $280,000 | $196 | 54 |
| 6205 Dorset Rd | 0.33mi | 3/2.0 | 1,536 (+14%) | 14mo | $369,000 | $240 | 50 |
| 6318 Shalimar Ave | 0.66mi | 3/2.0 | 1,486 (+10%) | 4mo | $304,000 | $205 | 48 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -21.1%
- Equity multiple
- 0.29×
- Total profit
- $-46,865
- Equity at exit
- $35,039
- IRR
- -23.6%
- Equity multiple
- -0.02×
- Total profit
- $-67,095
- Equity at exit
- $20,319
Cash invested: $65,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 34606
- Home prices YoY
- -24.7%
- Rents YoY
- -0.9%
- Active inventory
- 386
- Price-to-rent
- 9.8×
Monthly cashflow live
- Estimated rent
- $1,993 high interval (Pro) →
- Mortgage (P&I)
- −$1,232
- Tax from tax record
- −$291 /mo · $3,491/yr
- Insurance
- −$98
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$419
- Net cashflow
- $-47
Break-even live
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
- $58,750
- Closing costs
- $7,050
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 13 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5451 Moongate Rd Spring Hill, FL | 3.0 | 2.0 | 1262 | $1,790 | $1.42 | 24d | 1 | 0.43mi |
| 10117 Elgin Blvd Spring Hill, FL | 4.0 | 2.0 | 1400 | $1,995 | $1.43 | 5d | 1 | 0.47mi |
| 9131 Swiss Rd Spring Hill, FL | 3.0 | 2.0 | 1673 | $2,000 | $1.20 | 24d | 1 | 0.67mi |
| 9211 Northcliffe Blvd Spring Hill, FL | 3.0 | 2.0 | 1641 | $3,200 | $1.95 | 4d | 1 | 0.93mi |
| 5100 Lydia Ct Spring Hill, FL | 3.0 | 2.0 | 1826 | $1,925 | $1.05 | 24d | 1 | 1.04mi |
| 9156 Century Dr Spring Hill, FL | 2.0 | 2.0 | 1170 | $1,500 | $1.28 | 5d | 1 | 1.25mi |
| 9499 Hayes St Spring Hill, FL | 3.0 | 3.0 | 1280 | $1,695 | $1.32 | 22d | 1 | 1.29mi |
| 4514 Cynthia Ln Spring Hill, FL | 2.0 | 2.0 | 1280 | $1,550 | $1.21 | 18d | 1 | 1.32mi |
| 4470 Cynthia Ln Spring Hill, FL | 2.0 | 1.0 | 1016 | $1,400 | $1.38 | 20d | 1 | 1.40mi |
| 7251 Mc Ginnes Ct Weeki Wachee, FL | 2.0 | 2.0 | 1360 | $1,695 | $1.25 | 5d | 1 | 1.44mi |
| 7575 St Andrews Blvd Weeki Wachee, FL | 3.0 | 2.0 | 1515 | $2,199 | $1.45 | 24d | 1 | 1.45mi |
| 4335 Pallas Ave Spring Hill, FL | 3.0 | 2.0 | 1248 | $1,685 | $1.35 | 24d | 1 | 1.45mi |
| 7569 Heather Walk Dr Weeki Wachee, FL | 2.0 | 2.0 | 1211 | $1,595 | $1.32 | 18d | 1 | 1.46mi |
Listing history 26 events
-
2026-05-08status Pending 943-char remark
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-05-08status Pending
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-05-04price $235,000 943-char remark
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-05-04price $235,000
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-05-01price $250,000 943-char remark
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-05-01price $250,000
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-02-27price $265,000 943-char remark
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
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2026-02-27price $265,000
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-01-22$275,000 Active 943-char remark
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
-
2026-01-22$275,000 Active
Show marketing remark (943 chars)
New Drainfield Installed. Welcome to this 3-bedroom, 2-bath home offering 1,346 square feet of comfortable living space, ideally situated on just under a quarter-acre lot in the heart of Spring Hill, Florida. The functional floor plan provides a welcoming living area, a practical kitchen with ample cabinetry and workspace, and well-proportioned bedrooms designed for everyday comfort. The expansive lot offers plenty of room for outdoor living, entertaining, gardening, or future enhancements such as a pool or outdoor entertaining area. With no shortage of yard space, this property provides a rare combination of privacy and flexibility while still being conveniently located near shopping, dining, schools, medical facilities, and major roadways. Whether you're a first-time buyer, downsizing, or investing, this home presents an excellent opportunity to enjoy Florida living with space to grow in an established Spring Hill neighborhood.
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2021-02-09soldstatus $89,000
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2009-11-23soldstatus $89,000
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2009-11-20soldstatus $89,000 372-char remark
Show marketing remark (372 chars)
BRAND NEW THROUGHOUT.....NEW CARPET....NEW TILE....NEW PAINT THROUGHOUT....10x12 new screen patio..YOU WILL BE AMAZED AT THE FEEL OF THIS HOME THAT IS ONLY 6 YEARS NEW.....PRICED BELOW BUILDERS COST.....NOT A FORECLOSURE OR SHORT SALE.....READY TO MOVE IN.....HURRY TIME IS TICKING FOR THE $8000. TAX CREDIT FOR FIRST TIME HOME BUYERS. BONUS **** HOME OWNERS WARRANTY ****
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2009-10-04$94,900 372-char remark
Show marketing remark (372 chars)
BRAND NEW THROUGHOUT.....NEW CARPET....NEW TILE....NEW PAINT THROUGHOUT....10x12 new screen patio..YOU WILL BE AMAZED AT THE FEEL OF THIS HOME THAT IS ONLY 6 YEARS NEW.....PRICED BELOW BUILDERS COST.....NOT A FORECLOSURE OR SHORT SALE.....READY TO MOVE IN.....HURRY TIME IS TICKING FOR THE $8000. TAX CREDIT FOR FIRST TIME HOME BUYERS. BONUS **** HOME OWNERS WARRANTY ****
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2009-09-25soldstatus $65,000
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2009-06-01$71,900
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2009-03-31historical
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2008-09-08$100,000
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2008-07-31historical
-
2008-01-11$139,900
-
2006-08-03soldstatus $160,000
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2006-07-24soldstatus $160,000
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2006-05-19$164,900
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2003-03-18soldstatus $7,000
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2002-07-30$8,000
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1996-04-23soldstatus $10,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $3,491 · $291/mo
- Projected year-2 tax
- $3,491 · $291/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 4/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥110°F today · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,918
- − Mortgage interest
- −$13,164
- − Property taxes
- −$3,491
- − Insurance
- −$1,175
- − Repairs & maintenance
- −$1,913
- − Management
- −$1,913
- − Depreciation
- −$6,836
- Taxable loss
- −$4,576
- Est. tax savings @ 24.0%
- +$1,098
- After-tax cash flow
- $538/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 — Spring Hill
- Score
- 63/100
- State rank
- #738
- US rank
- #15937
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Spring Hill, FL
- County
- Hernando County · 169,677 people
- City population
- 83,915
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 28,668
- Household income
- $57,337
- Rent vs Own
- Severe rent burden
- 733.0
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 (74%)
- Race & ethnicity
- White 74% Hispanic / Latino 16% Two or more races 13% Black 4%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 10% Cuban 2%
- Common ancestry
- Romanian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 8% · Canada, Jamaica
- Languages at home
- 87% English-only · Spanish 11% German/W. Germanic 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
- ▼ -98.11%
- Current HPI
- 298.5201
- Rent YoY
- ▼ -0.89%
- 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
+2138.1% since first listed26 events — show timeline
- 2026-05-08 Pending — HCAR
- 2026-05-08 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-05-04 Price Changed $235,000 HCAR
- 2026-05-04 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
- 2026-05-01 Price Changed $250,000 HCAR
- 2026-05-01 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
- 2026-02-27 Price Changed $265,000 HCAR
- 2026-02-27 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
- 2026-01-22 Listed $275,000 Stellar MLS as Distributed by MLS Grid
- 2026-01-22 Listed $275,000 HCAR
- 2021-02-09 Sold (Public Records) $89,000 Public Records
- 2009-11-23 Sold (Public Records) $89,000 Public Records
- 2009-11-20 Sold (MLS) $89,000 HCAR
- 2009-10-04 Listed $94,900 HCAR
- 2009-09-25 Sold (MLS) $65,000 HCAR
- 2009-06-01 Listed $71,900 HCAR
- 2009-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2008-09-08 Listed $100,000 Stellar MLS as Distributed by MLS Grid
- 2008-07-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2008-01-11 Listed $139,900 Stellar MLS as Distributed by MLS Grid
- 2006-08-03 Sold (Public Records) $160,000 Public Records
- 2006-07-24 Sold (MLS) $160,000 HCAR
- 2006-05-19 Listed $164,900 HCAR
- 2003-03-18 Sold (MLS) $7,000 HCAR
- 2002-07-30 Listed $8,000 HCAR
- 1996-04-23 Sold (Public Records) $10,500 Public Records
Property tax history
+15.7%/yrLatest (2025): $3,491 · -1.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…