35919 Verano Ln · Zephyrhills West, FL 33541

$143,000

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 27 Days on market

Built 1984 4,500 sqft lot Est $135k · 6% over $42/mo HOA · 2% of rent

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

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

• Cash flow +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +6.9/10.0
• ARV discount +5.0/15.0
• Schools +4.3/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

AVAILABE NOW IN POPULAR CASA DEL SOL! You own the land in this Active 55+ community. The park features lots of activities and is centrally located close to Shopping, Hospitals, and Restaurants. This Palm Harbor home has been well cared for and it shows. Features include 2 nice size Bedrooms, 2 Full Bathroom, Dining Area, Eating Space in Kitchen, Open, high ceilings in Living Room, and a Screened in Front Porch. Most updates to the home where done in 2013 and 2015 which included; AC, Double Pane Windows, Rescreened Florida Room, and Kitchen and Bathroom Floors. The homes Foundation was also brought up to code in 2018. Call today to schedule your tour!

Key facts

• Foundation updates
• Updated kitchen
• Convenient location

Tags

• SCREENED-IN FLORIDA ROOM
• UPDATED KITCHEN
• UPDATED BATHROOM FLOORING
• DOUBLE-PANE WINDOWS
• FOUNDATION UPDATES
• CONVENIENT LOCATION

Property features AI

Finance

• Other: Partially furnished; Total rooms: 5
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (Association: Jim Johnson); Monthly HOA fee of $42.50 (annual total $510); Association fees required; Senior community; No pets allowed; Association requires approval

Exterior

• Parking: Carport (1 space)
• Security: Association approval required
• Utilities: Public water; Public sewer; Cable available; Phone available; BB/HS internet available; Sewer connected
• Home design: Manufactured home (double wide); Residential property; One story; Faces south; Homestead
• Construction: Vinyl siding; Metal roof; Block, crawlspace, and slab foundation; Built on a lot of about 0.1 acres
• Exterior features: Storage; Other exterior features; Asphalt road access

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Concrete; Vinyl; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Kitchen/family room combo; Thermostat; Walk-in closet(s); Other
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $143k.

Deal economics

• At list price, monthly cash flow is $467 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $143k).
• Recommended offer: $141k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 7.8% in Zephyrhills West — 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 61/100 on livability (#772 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D-, amenities F, commute F.
• Pasco (suburban): math 50% / reading 52% proficiency, ranked #32 of 73 in FL (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-2.5%/yr); 856 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• This rent runs 36% 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 $989 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Pasco County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,855 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.19% ✓
• Cap rate: 10.21%
• Cash-on-cash: 14.00%
• DSCR: 1.62
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $135,360
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35924 Bueno Dr	0.07mi	2/2.0	989 (+3%)	9mo	$129,900	$131	84
4920 Blanco Dr	0.15mi	2/2.0	1,008 (+5%)	1mo	$125,000	$124	84
4912 Dorado St	0.10mi	2/2.0	888 (-8%)	2mo	$144,000	$162	81
35912 Verano Ln	0.03mi	2/2.0	1,056 (+10%)	2mo	$127,000	$120	80
35921 Hermoso Ln	0.04mi	2/2.0	864 (-10%)	5mo	$145,000	$168	77
35934 Bueno Dr	0.08mi	2/2.0	832 (-13%)	6mo	$145,000	$174	70
5248 Antigua Dr	0.59mi	2/2.0	1,036 (+8%)	1mo	$129,500	$125	59
36349 5 Acre Ln	0.71mi	3/2.0 (+1)	960 (0%)	8mo	$128,750	$134	55
36245 Coronet Way	0.69mi	2/2.0	1,014 (+6%)	7mo	$158,000	$156	53
36037 Coleus Ave	0.58mi	2/2.0	864 (-10%)	11mo	$136,500	$158	47
4961 Britni Way	0.74mi	2/2.0	874 (-9%)	6mo	$70,000	$80	45
36122 Aster Ave	0.62mi	2/2.0	816 (-15%)	8mo	$115,000	$141	39

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

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 1.0%
• Equity multiple: 1.04×
• Total profit: $1,549
• Equity at exit: $21,322

10-year hold

• IRR: 7.6%
• Equity multiple: 1.50×
• Total profit: $20,204
• Equity at exit: $12,364

Cash invested: $40,040 (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 33541

• Home prices YoY: -15.2%
• Rents YoY: -2.5%
• Active inventory: 856
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,703 high
• Mortgage (P&I): −$750
• Tax from tax record: −$27 /mo · $321/yr
• Insurance: −$60
• HOA: −$42
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $467

Break-even live

Break-even rent $1,112

Max offer price $143,000

Occupancy floor 68%

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35940 Inspiration Dr Zephyrhills, FL	1.0–3.0	1.0–2.0	1034	$1,694	$1.64	2d	21	0.42mi
5168 Crooked Ln Zephyrhills, FL	2.0	1.0	600	$1,645	$2.74	21d	1	1.14mi
36009 Deer Creek Dr #104 Zephyrhills, FL	2.0	2.0	1029	$1,450	$1.41	24d	1	1.15mi
36015 Deer Creek Dr #202 Zephyrhills, FL	2.0	2.0	1062	$1,450	$1.37	24d	1	1.18mi
36801 Camelia Ct Zephyrhills, FL	2.0	2.0	864	$1,350	$1.56	24d	1	1.19mi
5914 Willow Ridge Dr #101 Zephyrhills, FL	2.0	2.0	987	$1,500	$1.52	24d	1	1.19mi
36321 Stonewood Ln #103 Zephyrhills, FL	2.0	2.0	987	$1,525	$1.55	24d	1	1.23mi

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 27 events

1. 2026-06-18
   days on market $143,000 Active 27 DOM
2. 2026-06-17
   days on market $143,000 Active 26 DOM
3. 2026-06-16
   days on market $143,000 Active 25 DOM
4. 2026-06-15
   days on market $143,000 Active 24 DOM
5. 2026-06-13
   days on market $143,000 Active 22 DOM
6. 2026-06-09
   days on market $143,000 Active 18 DOM
7. 2026-06-08
   days on market $143,000 Active 17 DOM
8. 2026-06-07
   days on market $143,000 Active 16 DOM
9. 2026-06-04
   days on market $143,000 Active 13 DOM
10. 2026-06-03
    days on market $143,000 Active 12 DOM
11. 2026-06-02
    days on market $143,000 Active 11 DOM
12. 2026-06-01
    days on market $143,000 Active 10 DOM
13. 2026-05-31
    days on market $143,000 Active 9 DOM
14. 2026-05-22
    listed $143,000 Active
15. 2022-11-17
    soldstatus $141,000 Closed 658-char remark

    Show marketing remark (658 chars)

    AVAILABE NOW IN POPULAR CASA DEL SOL! You own the land in this Active 55+ community. The park features lots of activities and is centrally located close to Shopping, Hospitals, and Restaurants. This Palm Harbor home has been well cared for and it shows. Features include 2 nice size Bedrooms, 2 Full Bathroom, Dining Area, Eating Space in Kitchen, Open, high ceilings in Living Room, and a Screened in Front Porch. Most updates to the home where done in 2013 and 2015 which included; AC, Double Pane Windows, Rescreened Florida Room, and Kitchen and Bathroom Floors. The homes Foundation was also brought up to code in 2018. Call today to schedule your tour!

16. 2022-11-17
    soldstatus $141,000

    Show marketing remark (658 chars)

    AVAILABE NOW IN POPULAR CASA DEL SOL! You own the land in this Active 55+ community. The park features lots of activities and is centrally located close to Shopping, Hospitals, and Restaurants. This Palm Harbor home has been well cared for and it shows. Features include 2 nice size Bedrooms, 2 Full Bathroom, Dining Area, Eating Space in Kitchen, Open, high ceilings in Living Room, and a Screened in Front Porch. Most updates to the home where done in 2013 and 2015 which included; AC, Double Pane Windows, Rescreened Florida Room, and Kitchen and Bathroom Floors. The homes Foundation was also brought up to code in 2018. Call today to schedule your tour!

17. 2022-10-24
    status Pending 658-char remark

    Show marketing remark (658 chars)

    AVAILABE NOW IN POPULAR CASA DEL SOL! You own the land in this Active 55+ community. The park features lots of activities and is centrally located close to Shopping, Hospitals, and Restaurants. This Palm Harbor home has been well cared for and it shows. Features include 2 nice size Bedrooms, 2 Full Bathroom, Dining Area, Eating Space in Kitchen, Open, high ceilings in Living Room, and a Screened in Front Porch. Most updates to the home where done in 2013 and 2015 which included; AC, Double Pane Windows, Rescreened Florida Room, and Kitchen and Bathroom Floors. The homes Foundation was also brought up to code in 2018. Call today to schedule your tour!

18. 2022-10-19
    listed $130,900 Active 658-char remark

    Show marketing remark (658 chars)

    AVAILABE NOW IN POPULAR CASA DEL SOL! You own the land in this Active 55+ community. The park features lots of activities and is centrally located close to Shopping, Hospitals, and Restaurants. This Palm Harbor home has been well cared for and it shows. Features include 2 nice size Bedrooms, 2 Full Bathroom, Dining Area, Eating Space in Kitchen, Open, high ceilings in Living Room, and a Screened in Front Porch. Most updates to the home where done in 2013 and 2015 which included; AC, Double Pane Windows, Rescreened Florida Room, and Kitchen and Bathroom Floors. The homes Foundation was also brought up to code in 2018. Call today to schedule your tour!

19. 2018-03-26
    soldstatus $71,000
20. 2018-03-20
    soldstatus $71,000 Sold 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

21. 2018-01-15
    status Pending 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

22. 2017-12-12
    price $74,900 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

23. 2017-11-25
    status Active 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

24. 2017-11-14
    status Pending 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

25. 2017-11-06
    listed $77,000 Active 487-char remark

    Show marketing remark (487 chars)

    OWN THE LAND! Immaculate and well cared for Palm Harbor in popular Casa Del Sol! This home features an open, light and bright floor plan. All appliances are fairly new and stay with the home along with the furnishings! Some of the updates include: Double Pane Windows in 2013, Florida room Rescreened in 2015, A/C new in 2015 and transferable warranty good until 2020! The Kitchen and Bathroom Floors were done in 2013 and the Roof repair includes a Warranty! Call to see this one today!

26. 1990-08-01
    soldstatus $42,000
27. 1984-09-01
    soldstatus $10,000

ⓘ 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: $321 · $27/mo
• Projected year-2 tax: $1,187 · $99/mo
• Expected delta: +$866/yr (+$72/mo · 269.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,437
• − Mortgage interest: −$8,010
• − Property taxes: −$321
• − Insurance: −$715
• − Repairs & maintenance: −$1,635
• − Management: −$1,635
• − HOA: −$504
• − Depreciation: −$4,160
• Taxable income: $3,457
• Est. tax owed @ 24.0%: −$830
• After-tax cash flow: $4,776/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: Pasco
• NCES district ID: 1201530
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 52% ▼ -5.00%
• Median HH income: $45,039
• Composite: 43.14/100
• National rank: #3074
• State rank: #32 of 73 in FL

Livability — Zephyrhills West

• Score: 61/100
• State rank: #772
• US rank: #17403

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Zephyrhills West, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 24,654
• Household income: $56,579
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 393.0

Population outlook (Pasco County) Hauer SSP2

• Today (2025): 570,045 people
• By 2030: 605,844 · +6.3%
• By 2040: 674,806 · +18.4%
• By 2050: 736,022 · +29.1%
• By 2075: 862,900 · +51.4%
• By 2100: 906,364 · +59.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 8% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 9%
• Common ancestry: Lithuanian 4% Romanian 3% Serbian 3%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 9% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Pasco

• 2024 margin: Strong R (+25.2) · D 36.9% · R 62.1% · Other 1.0%
• 2008→2024 swing: -21.6pp toward R · 2008: -3.6pp · 2024: -25.2pp
• All cycles: 2024: R+25.2 2020: R+20.1 2016: R+21.6 2012: R+6.7 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.21%
• Current HPI: 308.0619
• Rent YoY: ▼ -2.51%
• 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

+1330.0% since first listed

14 events — show timeline

• 2026-05-22 Listed $143,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-17 Sold (Public Records) $141,000 Public Records
• 2022-11-17 Sold (MLS) $141,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-19 Listed $130,900 Stellar MLS as Distributed by MLS Grid
• 2018-03-26 Sold (Public Records) $71,000 Public Records
• 2018-03-20 Sold (MLS) $71,000 Stellar MLS as Distributed by MLS Grid
• 2018-01-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-12-12 Price Changed $74,900 Stellar MLS as Distributed by MLS Grid
• 2017-11-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-11-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-11-06 Listed $77,000 Stellar MLS as Distributed by MLS Grid
• 1990-08-01 Sold (Public Records) $42,000 Public Records
• 1984-09-01 Sold (Public Records) $10,000 Public Records

Property tax history

-2.0%/yr

Latest (2025): $321 · -16.0% YoY. Source: county tax records.