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7481 First Circle Dr
C- Composite 51.81
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 +23.0/30.0
  • DSCR +7.4/10.0
  • 1% rule +5.6/10.0
  • Schools +4.2/10.0
  • ARV discount +3.5/15.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$138,900

7481 First Circle Dr · High Point, FL 34613
2 bd · 2.0 ba · 768 sqft · Manufactured public records · 90 Days on market
Built 1973 6,274 sqft lot Est $127k · 9% over $46/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

Key facts

  • Durable metal roof
  • Covered parking
  • Modern upgrades

Tags

REMODELED HOMEMODERN UPGRADESBRIGHT OPEN FLOOR PLANNEW APPLIANCESDURABLE METAL ROOFCOVERED PARKING

Property features AI

Finance

  • Other: Unfurnished; Public records list living area and building area; Lot approximately 0.14 acre (63 x 100)
  • Financial info: Total monthly HOA $46; Total annual fees $552
  • HOA & community: High Point Community HOA (monthly fee $46); Association approval required; Association amenities include clubhouse, fitness center, golf course, park, pool, tennis courts, pickleball, shuffleboard, recreation facilities, storage; Buyer approval required; Senior community (55+); Pets allowed (cats and dogs); Golf carts allowed

Exterior

  • Parking: Covered parking; Golf cart garage; Attached garage (1 car); Carport (1 space)
  • Security: Fire alarm; Association-provided security (included in HOA)
  • Utilities: Public water; Public sewer; Electricity connected; Cable connected; Phone available; Water connected; Sewer connected
  • Home design: Residential mobile home (double wide); One story; Southeast facing; Completed condition; Homestead exempt
  • Construction: Metal siding; Metal roof; Pillar/post/pier foundation; Built as double wide
  • Exterior features: Screened porch; Side porch; Hurricane shutters; Rain gutters; Shade shutters; Storage; Workshop; Level lot; Near golf course; Paved lot/drive; Mature landscaping; Public maintained road

Interior

  • Kitchen: Dishwasher; Range; Microwave; Refrigerator; Exhaust fan; Electric water heater
  • Bedrooms: 2 bedrooms
  • Flooring: Carpet
  • Bathrooms: 1 full bath; 1 half bath
  • Heating & cooling: Central heating; Electric heating; Heat pump; Central air conditioning
  • Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Kitchen/family room combo; Open floorplan; Thermostat
  • Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry area inside (in garage); Inside utility room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $139k.

Deal economics

  • At list price, monthly cash flow is $246 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $139k).
  • Recommended offer: $131k (6.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 5.8% in High Point — 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 64/100 on livability (#677 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: health & safety C-, amenities F, commute 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); Hernando High School (math 42% / reading 42%, grade F, #275 of 667 statewide, top 42%, 1,299 students, 58% FRL) — zoned schools at 59% FRL track the district average.
  • Market conditions: 691 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 30% 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 $960 of loan paydown is wiped out by about $4k 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 90 days — a 6% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 4y 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.
  • Current owner paid $117k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $130,565 (6.0% below list)

Questions for the listing agent

  1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% 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. 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?
  7. 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.
  8. 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.
  9. 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
8.41%
Cash-on-cash
7.58%
DSCR
1.34
GRM
7.9

CMA / ARV

ARV (on-the-fly)
$127,488
Comps found
9
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7526 Highpoint Blvd 0.12mi 2/2.0 768 (0%) 14mo $122,000 $159 83
7540 Western Circle Dr 0.07mi 2/1.0 768 (0%) 13mo $130,000 $169 82
7538 Fairlane Ave 0.08mi 2/1.0 720 (-6%) 8mo $112,000 $156 75
8114 Western Circle Dr 0.33mi 2/1.0 784 (+2%) 13mo $130,000 $166 66
8348 Highpoint Blvd 0.53mi 2/2.0 805 (+5%) 4mo $143,000 $178 64
7252 Fairlane Ave 0.37mi 2/2.0 696 (-9%) 14mo $113,000 $162 56
8479 Highpoint Blvd 0.71mi 2/2.0 736 (-4%) 11mo $120,000 $163 51
7174 Fairlane Ave 0.43mi 2/2.0 660 (-14%) 12mo $120,000 $182 47
8338 Yellow Pine Ave #8338 0.74mi 2/1.0 672 (-12%) 17mo $138,000 $205 27

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
-4.7%
Equity multiple
0.82×
Total profit
$-6,873
Equity at exit
$20,710
10-year hold
IRR
4.9%
Equity multiple
1.36×
Total profit
$14,139
Equity at exit
$12,010

Cash invested: $38,892 (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.

ZIP-level market 34613

Home prices YoY
-17.2%
Active inventory
691
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,473 medium interval (Pro) →
Mortgage (P&I)
$728
Tax from tax record
$86 /mo · $1,035/yr
Insurance
$58
HOA
$46
Vacancy / Maint / Mgmt
$309
Net cashflow
$246

Break-even live

Break-even rent $1,163
Max offer price $138,900
Occupancy floor 78%

Sensitivity live

Price -10% $324 -5% $285 +0% $246 +5% $206 +10% $167
Rent -10% $129 -5% $187 +0% $246 +5% $304 +10% $362
Rate -1.0pp $315 -0.5pp $281 base $246 +0.5pp $210 +1.0pp $173

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
$34,725
Closing costs
$4,167
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7513 Highpoint Blvd Brooksville, FL 2.0 1.0 672 $1,150 $1.71 25d 1 0.09mi
12103 Fairway Ave Brooksville, FL 2.0 2.0 864 $1,725 $2.00 2d 1 0.61mi
12136 Fairway Ave Brooksville, FL 2.0 2.0 920 $1,650 $1.79 25d 1 0.62mi
7402 Eastern Circle Dr Brooksville, FL 2.0 1.0 720 $1,200 $1.67 25d 1 0.87mi

HOA detail

Monthly dues
$46 · $552/yr
Likely covers
waterpool

Listing history 31 events

  1. 2026-06-18
    days on market $138,900 Active 90 DOM
  2. 2026-06-17
    days on market $138,900 Active 89 DOM
  3. 2026-06-16
    days on market $138,900 Active 88 DOM
  4. 2026-06-15
    days on market $138,900 Active 87 DOM
  5. 2026-06-13
    days on market $138,900 Active 85 DOM
  6. 2026-06-13
    days on market $138,900 Active 84 DOM
  7. 2026-06-09
    days on market $138,900 Active 81 DOM
  8. 2026-06-08
    days on market $138,900 Active 80 DOM
  9. 2026-06-07
    days on market $138,900 Active 79 DOM
  10. 2026-06-04
    days on market $138,900 Active 76 DOM
  11. 2026-06-03
    days on market $138,900 Active 75 DOM
  12. 2026-06-02
    days on market $138,900 Active 74 DOM
  13. 2026-06-01
    days on market $138,900 Active 73 DOM
  14. 2026-05-31
    days on market $138,900 Active 72 DOM
  15. 2026-04-04
    status Active
  16. 2026-03-27
    status Pending
  17. 2026-03-13
    listed $138,900 Active
  18. 2023-01-27
    soldstatus $117,000
  19. 2023-01-20
    soldstatus $110,000 Closed 1289-char remark
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  20. 2023-01-20
    soldstatus $110,000 Closed 1295-char remark
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  21. 2023-01-20
    soldstatus $110,000
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  22. 2023-01-06
    status Pending 1295-char remark
    Show marketing remark (1289 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  23. 2023-01-06
    status Pending 1289-char remark
    Show marketing remark (1289 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  24. 2023-01-03
    listed $117,500 Active 1289-char remark
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  25. 2023-01-03
    listed $117,500 Active 1295-char remark
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  26. 2023-01-03
    listed $117,500
    Show marketing remark (1295 chars)

    Adorable and move-in ready 2 bedroom, 1.5 bath home is located in the 55+ golf course community of High Point. As you enter you will be greeted with a nice open floor plan, a spacious living room with bay windows with newer laminate flooring. Roomy eat-in kitchen features newer cabinets, counters, laminate flooring, lighting, tile backsplash, a closet pantry and features bay windows. Both bedrooms are roomy and offer newer carpet. Both bathrooms have newer vanities, lighting, toilets and vinyl flooring. Step out to the shed featuring washer/dryer hook-up and plenty of storage. Enjoy your morning coffee either in the front screen enclosed porch or head out to the back covered porch. The exterior has been recently painted. High Point Community where you own your own land and enjoy amenities like heated pool, tennis, golf course, horseshoes, bocce, community center, pickle ball and more! Low HOA fees. Minutes to the famous Weeki Wachee live mermaids, Pine Island Park and Roger’s Park for fun on the water. Conveniently located near shopping, restaurants, major medical facilities. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks.

  27. 2022-12-23
    historical
  28. 2022-12-22
    listed $119,000 Active
  29. 1996-09-24
    soldstatus $31,000
  30. 1995-12-20
    soldstatus $25,000
  31. 1994-08-04
    soldstatus $21,000

ⓘ 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
$1,035 · $86/mo
Projected year-2 tax
$1,153 · $96/mo
Expected delta
+$118/yr (+$10/mo · 11.4%)

ⓘ 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 ≥109°F today · 25 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$17,682
− Mortgage interest
−$7,781
− Property taxes
−$1,035
− Insurance
−$694
− Repairs & maintenance
−$1,415
− Management
−$1,415
− HOA
−$552
− Depreciation
−$4,041
Taxable income
$750
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$180
After-tax cash flow
$2,766/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 — High Point

Score
64/100
State rank
#677
US rank
#14099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
High Point, 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

Price history

+561.4% since first listed
17 events — show timeline
  • 2026-04-04 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-03-27 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-03-13 Listed $138,900 Stellar MLS as Distributed by MLS Grid
  • 2023-01-27 Sold (Public Records) $117,000 Public Records
  • 2023-01-20 Sold (MLS) $110,000 St. Augustine and St. Johns County Board of REALTORS®
  • 2023-01-20 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
  • 2023-01-20 Sold (MLS) $110,000 HCAR
  • 2023-01-06 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-01-06 Pending HCAR
  • 2023-01-03 Listed $117,500 St. Augustine and St. Johns County Board of REALTORS®
  • 2023-01-03 Listed $117,500 Stellar MLS as Distributed by MLS Grid
  • 2023-01-03 Listed $117,500 HCAR
  • 2022-12-23 Listing Removed HCAR
  • 2022-12-22 Listed $119,000 HCAR
  • 1996-09-24 Sold (Public Records) $31,000 Public Records
  • 1995-12-20 Sold (Public Records) $25,000 Public Records
  • 1994-08-04 Sold (Public Records) $21,000 Public Records

Property tax history

+8.0%/yr

Latest (2025): $1,035 · -36.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…