7136 Valor St #325 · Pasadena Hills, FL 33541

$145,000

2 bd · 2.0 ba · 1,026 sqft · Manufactured · 25 Days on market

Built 1990 Good condition 5,356 sqft lot Est $121k · 20% over $142/mo HOA · 8% of rent

---

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

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

• Cash flow +21.4/30.0
• 1% rule +6.9/10.0
• DSCR +6.8/10.0
• Schools +4.3/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +1.9/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

NEW LISING IN SPANISH TRAILS WEST, A FIVE STAR 55+ COMMUNITY THAT'S CLOSE TO STORES, RESTAURANTS AND THE HOSPITAL. Come take a peek at this 1990, 2 bed, 2 bath 1,026 sq ft home located in one of the best locations in the park. It's a corner lot directly across from the very nice clubhouse, close to the heated pool, office, pickleball and shuffleboard courts. This home comes with upgraded furniture and ready to move in. The kitchen has been updated in 2012 with lots of wood cabinets and drawers with soft close, smooth top stove, 2022 new refrigerator, washer & dryer and the vinyl plank waterproof floor in the kitchen and sunroom. As you enter this home, you'll notice how cheerful and o

Key facts

• 5,356 sq ft lot
• 2 parking spots
• Community pool

Property features AI

Finance

• Other: Furnished: Yes; Direction faces: West
• Financial info: Total monthly association fee: $142; Total annual association fees: $1,704; Association fee required
• HOA & community: Has HOA (monthly fee $142) with buyer approval required; HOA covers cable TV, pool, internet, grounds maintenance, private road, trash; Community amenities: clubhouse, pool, basketball court, pickleball court(s), racquetball, tennis courts, dog park; association recreation owned; deed restrictions; golf carts allowed; Senior community; Pets allowed (cats OK, dogs OK, breed restrictions)

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public sewer; Water connected (see remarks); Electricity connected; Cable connected; Sewer connected; Trash service included in association
• Home design: Manufactured double-wide home; Single-story (one level); Home faces west; Residential property
• Construction: Metal siding; Vinyl siding; Shingle roof; Crawlspace foundation with pillar/post/pier
• Exterior features: Enclosed front porch; Awning(s); Dog run; French doors; Shed(s)/storage; Corner lot; Paved road access; Pond in community

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Ice maker; Solid surface counters; Solid wood cabinets; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Linoleum flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Open floorplan; Solid surface counters; Solid wood cabinets; Split bedroom floorplan; Thermostat; Walk-in closet(s); Window treatments (double pane windows, shades)
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry inside; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $145k. Condition is rated good.

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 ($2k rent vs $145k).
• Recommended offer: $143k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.7% in Pasadena Hills — 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 (#723 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: schools F, 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; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $1k 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 25 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.

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 $142,825 (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 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?
4. 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?
5. 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.
6. 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.
7. 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: 8.07%
• Cash-on-cash: 6.36%
• DSCR: 1.28
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $121,068
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37817 Granada Ave	0.20mi	2/2.0	1,056 (+3%)	4mo	$125,000	$118	82
37452 Attica Ave	0.27mi	2/1.5	1,028 (+0%)	5mo	$94,000	$91	81
37648 Campo Ave	0.07mi	2/2.0	972 (-5%)	11mo	$114,000	$117	78
37838 Granada Ave	0.24mi	2/2.0	1,056 (+3%)	9mo	$139,000	$132	77
7117 EL Rancho Way #367	0.07mi	2/2.0	896 (-13%)	4mo	$118,000	$132	73
37820 Madeira Ave	0.22mi	2/2.0	1,056 (+3%)	16mo	$139,000	$132	72
7053 EL Conquistador St	0.29mi	2/2.0	1,056 (+3%)	12mo	$122,000	$116	72
37848 Barcelona Ave	0.29mi	2/2.0	1,056 (+3%)	13mo	$125,000	$118	70
37832 Mission Hills Ave	0.23mi	2/2.0	1,056 (+3%)	16mo	$113,000	$107	70
6902 Orlo Dr	0.34mi	2/2.0	1,104 (+8%)	2mo	$75,000	$68	70
37838 Barcelona Ave	0.27mi	2/2.0	1,128 (+10%)	4mo	$136,000	$121	68

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: -10.3%
• Equity multiple: 0.64×
• Total profit: $-14,727
• Equity at exit: $21,620

10-year hold

• IRR: -6.4%
• Equity multiple: 0.65×
• Total profit: $-14,211
• Equity at exit: $12,537

Cash invested: $40,600 (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 33541

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

Monthly cashflow live

• Estimated rent: $1,720 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA: −$142
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $215

Break-even live

Break-even rent $1,448

Max offer price $145,000

Occupancy floor 82%

Sensitivity live

Price	-10% $315	-5% $265	+0% $215	+5% $165	+10% $115
Rent	-10% $79	-5% $147	+0% $215	+5% $283	+10% $351
Rate	-1.0pp $288	-0.5pp $252	base $215	+0.5pp $177	+1.0pp $139

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
37814 Daughtery Rd Zephyrhills, FL	2.0	1.0	1070	$1,395	$1.30	5d	1	0.28mi
38112 Townview Ave Zephyrhills, FL	1.0	1.0	700	$1,100	$1.57	24d	1	0.47mi
7660 Emerson Hill Cir Zephyrhills, FL	1.0–3.0	1.0–2.0	1077	$1,964	$1.82	2d	34	0.67mi
6633 Foxmoor Dr Zephyrhills, FL	3.0	2.0	1300	$2,000	$1.54	24d	1	0.72mi
6335 Maisie Rd Zephyrhills, FL	3.0	2.5	1363	$1,650	$1.21	21d	1	0.84mi
6262 Maisie Rd Zephyrhills, FL	3.0	2.5	1363	$1,700	$1.25	24d	1	0.89mi
6773 Branham Mill Ct Zephyrhills, FL	3.0	2.0	1454	$1,950	$1.34	24d	1	0.90mi
6246 Timberly Ln Zephyrhills, FL	3.0	2.5	1363	$1,900	$1.39	24d	1	0.90mi
37732 Cecil Ln Zephyrhills, FL	3.0	1.0	1040	$1,800	$1.73	24d	1	0.90mi
37661 Aaralyn Rd Zephyrhills, FL	3.0	2.5	1363	$1,800	$1.32	24d	1	0.91mi
38350 Ironwood Pl #5 Zephyrhills, FL	2.0	2.0	1094	$1,800	$1.65	24d	1	0.92mi
6788 Basswood Cir Zephyrhills, FL	2.0	2.0	1067	$1,250	$1.17	24d	1	0.94mi
6302 Abbott Station Dr Zephyrhills, FL	3.0	1.0–2.5	855	$1,732	$2.02	2d	142	0.96mi
38485 County Road 54 Zephyrhills, FL	2.0	1.0	800	$1,100	$1.38	24d	1	1.06mi
6195 Daerr Ridge St Zephyrhills, FL	3.0	2.5	1386	$2,000	$1.44	18d	1	1.10mi
38300 Henry Dr Zephyrhills, FL	2.0	1.0	1152	$1,650	$1.43	5d	1	1.17mi
6136 Pina Colada St Zephyrhills, FL	3.0	2.5	1386	$2,100	$1.52	13d	1	1.18mi
38748 Calumet Ave Zephyrhills, FL	2.0	1.0	750	$1,100	$1.47	5d	1	1.42mi
37812 15th Ave Zephyrhills, FL	2.0	2.0	1000	$1,850	$1.85	24d	1	1.44mi

HOA detail

• Monthly dues: $142 · $1,704/yr
• Likely covers: waterpool

Listing history 15 events

1. 2026-06-18
   status $145,000 Pending 25 DOM
2. 2026-06-18
   days on market $145,000 Active 25 DOM
3. 2026-06-17
   days on market $145,000 Active 24 DOM
4. 2026-06-16
   days on market $145,000 Active 23 DOM
5. 2026-06-15
   days on market $145,000 Active 22 DOM
6. 2026-06-13
   days on market $145,000 Active 20 DOM
7. 2026-06-09
   days on market $145,000 Active 16 DOM
8. 2026-06-08
   days on market $145,000 Active 15 DOM
9. 2026-06-07
   days on market $145,000 Active 14 DOM
10. 2026-06-04
    days on market $145,000 Active 11 DOM
11. 2026-06-03
    days on market $145,000 Active 10 DOM
12. 2026-06-02
    days on market $145,000 Active 9 DOM
13. 2026-06-01
    days on market $145,000 Active 8 DOM
14. 2026-05-31
    days on market $145,000 Active 7 DOM
15. 2026-05-24
    listed $145,000 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,645
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$1,652
• − Management: −$1,652
• − HOA: −$1,704
• − Depreciation: −$4,218
• Taxable income: $397
• Est. tax owed @ 24.0%: −$95
• After-tax cash flow: $2,485/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.

Condition & rehab AI · 30 photos

Good 75/100 Cosmetic rehab

This home is in good condition with recent updates and is move-in ready. It offers a good balance of curb appeal and interior updates.

Value-add opportunities

• Both painting interior walls — fresh paint enhances curb appeal and interior aesthetics
• Both upgrading kitchen appliances — newer appliances improve functionality and appeal
• Both landscaping improvements — enhanced landscaping increases curb appeal and property value

Renovation cost estimate screening

Value-add ROI direction

• Both painting interior walls — fresh paint enhances curb appeal and interior aesthetics ↑
• Both upgrading kitchen appliances — newer appliances improve functionality and appeal ↑
• Both landscaping improvements — enhanced landscaping increases curb appeal and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Pasadena Hills

• Score: 63/100
• State rank: #723
• US rank: #15499

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pasadena Hills, 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

1 event — show timeline

• 2026-05-24 Listed $145,000 Stellar MLS as Distributed by MLS Grid