3244 Hampshire Dr · Elfers, FL 34690

$95,000

1 bd · 2.0 ba · 624 sqft · Manufactured public records · 313 Days on market

Built 1973 4,499 sqft lot Est $130k · 27% under $143/mo HOA · 11% of rent

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Why this score? — see what drove the B- 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 +25.3/30.0
• ARV discount +15.0/15.0
• 1% rule +8.4/10.0
• DSCR +8.3/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The perfect place to call home or come to vacation! Well maintained single wide home features 1 bedroom with built-in desk and storage drawers in addition to lots of closet space! The bathroom features newer vanity, fixtures and stand-alone shower. Kitchen was updated approx. 4 years ago with newer cabinets, counter tops, plumbing and appliances. To make everyday chores a little easier there's an inside utility with stacked washer and dryer. You'll love spending time on the glass enclosed 10' x 15' porch. Outside in the carport area is a convenient storage shed for garden tools and holiday decorations. Community offers clubhouse, pool and shuffleboard. The monthly fees cover the grounds maintenance and trash removal. What are you waiting for? This one is priced to sell and won't last long!

Key facts

• Private driveway
• Large covered patio
• Heated pool

Tags

• LARGE COVERED PATIO
• PRIVATE DRIVEWAY
• GOLF CART SPACE
• HEATED POOL

Property features AI

Finance

• Other: Furnished; Total acreage approximately 0.1 acre; Asphalt road access
• HOA & community: Monthly association fee of $143 (required); Association includes pool and trash; Community amenities: clubhouse, pool, shuffleboard court; Buyer approval required; Senior community; Pets allowed with breed and size restrictions (max 25 lbs)

Exterior

• Utilities: Public water; Public sewer; Public utilities
• Home design: Residential mobile home (single wide); One level; Faces west
• Construction: Vinyl siding; Other roof; Crawlspace foundation; Built in approximately one story (single wide mobile)
• Exterior features: Storage

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Built-in features; Living room/dining room combo; Shutters
• Laundry & utility: Inside laundry; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $215 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.7% in Elfers — 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 78/100 on livability (#167 in FL, #2,486 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities D-.
• 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); 134 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 31% of the median local income ($49k/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 $657 of loan paydown is wiped out by about $3k 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 313 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 15y ago; this cycle's ask has dropped $34k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $28k; list at $95k implies a 233% 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 313 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.34% ✓
• Cap rate: 9.01%
• Cash-on-cash: 9.69%
• DSCR: 1.43
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $129,792
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3210 Hampshire Dr	0.07mi	2/1.5 (+1)	672 (+8%)	5mo	$80,000	$119	73
3406 Lanark Dr	0.15mi	2/1.0 (+1)	576 (-8%)	12mo	$120,000	$208	61

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: -5.6%
• Equity multiple: 0.80×
• Total profit: $-5,334
• Equity at exit: $14,165

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-1,000
• Equity at exit: $8,214

Cash invested: $26,600 (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 34690

• Home prices YoY: -22.4%
• Rents YoY: -2.5%
• Active inventory: 134
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,269 high
• Mortgage (P&I): −$498
• Tax from tax record: −$107 /mo · $1,287/yr
• Insurance: −$40
• HOA: −$143
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $215

Break-even live

Break-even rent $998

Max offer price $95,000

Occupancy floor 78%

Sensitivity live

Price	-10% $269	-5% $242	+0% $215	+5% $188	+10% $161
Rent	-10% $115	-5% $165	+0% $215	+5% $265	+10% $315
Rate	-1.0pp $263	-0.5pp $239	base $215	+0.5pp $190	+1.0pp $165

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4348 Plaza Dr Holiday, FL	1.0–2.0	1.0–2.0	860	$1,099	$1.28	0d	7	0.75mi
4205 Jordana Way Holiday, FL	1.0–3.0	1.0–2.0	1027	$1,176	$1.14	3d	13	0.83mi
4358 Tahitian Gardens Cir Holiday, FL	1.0	1.0	600	$1,350	$2.25	16d	1	1.03mi
4358 Tahitian Gardens Cir Unit G Holiday, FL	1.0	1.0	600	$1,350	$2.25	25d	1	1.03mi
4209 Touchton Pl New Port Richey, FL	1.0	1.0	624	$1,300	$2.08	18d	1	1.08mi
4318 Tahitian Gardens Cir Unit B Holiday, FL	1.0	1.0	576	$1,200	$2.08	25d	1	1.11mi
2122 Ranchita Trl Holiday, FL	2.0	1.0	648	$1,399	$2.16	25d	1	1.20mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,200	$1.69	6d	1	1.23mi
4518 Audrey Ln Unit 4551 New Port Richey, FL	2.0	1.0	750	$1,295	$1.73	23d	1	1.27mi
4540 Audrey Ln New Port Richey, FL	2.0	1.0	750	$1,150	$1.53	25d	1	1.30mi
4551 Audrey Ln NEW PRT RCHY, FL	2.0	1.0	750	$1,295	$1.73	23d	1	1.30mi
4529 Audrey Ln New Port Richey, FL	2.0	1.0	750	$1,295	$1.73	23d	1	1.30mi
2133 Melody Dr Holiday, FL	2.0	1.0	510	$1,078	$2.11	16d	1	1.32mi
2051 Pleasure Dr Holiday, FL	2.0	1.0	720	$1,200	$1.67	25d	1	1.45mi
4722 Kennedy Dr New Port Richey, FL	1.0	1.0	504	$850	$1.69	25d	1	1.48mi

HOA detail

• Monthly dues: $143 · $1,716/yr
• Likely covers: trashlandscapingpool

Listing history 29 events

1. 2026-06-18
   days on market $95,000 Active 313 DOM
2. 2026-06-17
   days on market $95,000 Active 312 DOM
3. 2026-06-16
   days on market $95,000 Active 311 DOM
4. 2026-06-15
   days on market $95,000 Active 310 DOM
5. 2026-06-13
   days on market $95,000 Active 308 DOM
6. 2026-06-09
   days on market $95,000 Active 304 DOM
7. 2026-06-08
   days on market $95,000 Active 303 DOM
8. 2026-06-07
   days on market $95,000 Active 302 DOM
9. 2026-06-04
   pricedays on market $95,000 Active 299 DOM
10. 2026-06-03
    days on market $99,500 Active 298 DOM
11. 2026-06-02
    days on market $99,500 Active 297 DOM
12. 2026-06-01
    days on market $99,500 Active 296 DOM
13. 2026-05-31
    days on market $99,500 Active 295 DOM
14. 2026-05-14
    status Active
15. 2026-04-30
    historical
16. 2026-04-01
    status Active
17. 2026-03-31
    historical
18. 2026-03-17
    price $99,500
19. 2026-02-11
    price $110,000
20. 2026-01-04
    status Active
21. 2025-12-31
    historical
22. 2025-12-16
    price $115,900
23. 2025-11-03
    price $124,500
24. 2025-07-21
    listed $129,500 Active
25. 2015-04-22
    soldstatus $28,500 Sold 803-char remark

    Show marketing remark (803 chars)

    The perfect place to call home or come to vacation! Well maintained single wide home features 1 bedroom with built-in desk and storage drawers in addition to lots of closet space! The bathroom features newer vanity, fixtures and stand-alone shower. Kitchen was updated approx. 4 years ago with newer cabinets, counter tops, plumbing and appliances. To make everyday chores a little easier there's an inside utility with stacked washer and dryer. You'll love spending time on the glass enclosed 10' x 15' porch. Outside in the carport area is a convenient storage shed for garden tools and holiday decorations. Community offers clubhouse, pool and shuffleboard. The monthly fees cover the grounds maintenance and trash removal. What are you waiting for? This one is priced to sell and won't last long!

26. 2015-03-29
    historical Contingent - Inspections 803-char remark

    Show marketing remark (803 chars)

    The perfect place to call home or come to vacation! Well maintained single wide home features 1 bedroom with built-in desk and storage drawers in addition to lots of closet space! The bathroom features newer vanity, fixtures and stand-alone shower. Kitchen was updated approx. 4 years ago with newer cabinets, counter tops, plumbing and appliances. To make everyday chores a little easier there's an inside utility with stacked washer and dryer. You'll love spending time on the glass enclosed 10' x 15' porch. Outside in the carport area is a convenient storage shed for garden tools and holiday decorations. Community offers clubhouse, pool and shuffleboard. The monthly fees cover the grounds maintenance and trash removal. What are you waiting for? This one is priced to sell and won't last long!

27. 2015-03-19
    listed $31,500 Active 803-char remark

    Show marketing remark (803 chars)

    The perfect place to call home or come to vacation! Well maintained single wide home features 1 bedroom with built-in desk and storage drawers in addition to lots of closet space! The bathroom features newer vanity, fixtures and stand-alone shower. Kitchen was updated approx. 4 years ago with newer cabinets, counter tops, plumbing and appliances. To make everyday chores a little easier there's an inside utility with stacked washer and dryer. You'll love spending time on the glass enclosed 10' x 15' porch. Outside in the carport area is a convenient storage shed for garden tools and holiday decorations. Community offers clubhouse, pool and shuffleboard. The monthly fees cover the grounds maintenance and trash removal. What are you waiting for? This one is priced to sell and won't last long!

28. 2011-07-20
    soldstatus $35,500 371-char remark

    Show marketing remark (371 chars)

    Pretty as a picture. New major renovation from cornice to flooring. New kitchen cabnets, counter tops, plumbing and appliances. New bathroom vanity, fixtures and stand-alone shower enclosure. Inside utility stacked washer/dryer. Furnished. Glass-enclosed 10'x15' porch. Mobile has roof-over and vinyle siding. Utility shed has storage. Sold as-is for sellers convenience.

29. 2011-05-29
    listed $39,000 371-char remark

    Show marketing remark (371 chars)

    Pretty as a picture. New major renovation from cornice to flooring. New kitchen cabnets, counter tops, plumbing and appliances. New bathroom vanity, fixtures and stand-alone shower enclosure. Inside utility stacked washer/dryer. Furnished. Glass-enclosed 10'x15' porch. Mobile has roof-over and vinyle siding. Utility shed has storage. Sold as-is for sellers convenience.

ⓘ 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: $1,287 · $107/mo
• Projected year-2 tax: $1,287 · $107/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 4/10 Moderate FEMA zone X (shaded) · 21% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,233
• − Mortgage interest: −$5,321
• − Property taxes: −$1,287
• − Insurance: −$475
• − Repairs & maintenance: −$1,219
• − Management: −$1,219
• − HOA: −$1,716
• − Depreciation: −$2,764
• Taxable income: $1,232
• Est. tax owed @ 24.0%: −$296
• After-tax cash flow: $2,282/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 — Elfers

• Score: 78/100
• State rank: #167
• US rank: #2486

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elfers, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 12,498
• Household income: $49,401
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 625.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 11% Black 5% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 1%
• Foreign-born: 12% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 16% Arabic 2% Other Indo-European 2%

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: ▼ -91.40%
• Current HPI: 316.5846
• Rent YoY: ▼ -2.49%
• 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

+155.1% since first listed

16 events — show timeline

• 2026-05-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Price Changed $99,500 Stellar MLS as Distributed by MLS Grid
• 2026-02-11 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-12-16 Price Changed $115,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-03 Price Changed $124,500 Stellar MLS as Distributed by MLS Grid
• 2025-07-21 Listed $129,500 Stellar MLS as Distributed by MLS Grid
• 2015-04-22 Sold (MLS) $28,500 Stellar MLS as Distributed by MLS Grid
• 2015-03-29 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-03-19 Listed $31,500 Stellar MLS as Distributed by MLS Grid
• 2011-07-20 Sold (MLS) $35,500 Stellar MLS as Distributed by MLS Grid
• 2011-05-29 Listed $39,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+15.3%/yr

Latest (2025): $1,287 · +4.8% YoY. Source: county tax records.