3338 Truman Dr · Holiday, FL 34691

$159,000

2 bd · 2.0 ba · 1,222 sqft · SingleFamily public records · 25 Days on market

Built 1972 6,634 sqft lot Est $235k · 32% under

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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 +19.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.2/10.0
• 1% rule +5.5/10.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home has great bones. It is a two bedroom two bath home with a single car garage. The yard is spacious. The interior is a canvas just waiting for you! Located close to shopping, restaurants and major roads. Schedule a showing today! This is a Fannie Mae HomePath Property.

Key facts

• Near parks
• Convenient location
• Near local amenities

Tags

• RENOVATION OPPORTUNITY
• RENTAL INCOME POTENTIAL
• CONVENIENT LOCATION
• NEAR PARKS
• NEAR LOCAL AMENITIES

Property features AI

Finance

• Other: Zoning: R4
• Financial info: No lease restrictions; Unfurnished
• HOA & community: No HOA/association

Exterior

• Parking: No parking details provided
• Security: No security details provided
• Utilities: Public water; Sewer: Other; Electricity available
• Home design: Single family residence; One story; Faces north
• Construction: Block construction; Shingle roof; Block foundation; Built on one level
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: Other appliances
• Bedrooms: 2 bedrooms (one level)
• Flooring: Other flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $157k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.7% in Holiday — 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 66/100 on livability (#623 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B; Watch: crime D+, schools D, amenities 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 rising (+2.0%/yr); 324 active listings in the ZIP; 40 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 40% of the median local income ($50k/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 $5k 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 ($157k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y 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 $32k; list at $159k implies a 393% 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→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $156,615 (1.5% below list)

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.05% ✓
• Cap rate: 7.65%
• Cash-on-cash: 4.84%
• DSCR: 1.22
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $234,624
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3249 Eisenhower Dr	0.14mi	2/2.0	1,216 (-0%)	1mo	$226,780	$186	92
2406 Society Dr	0.31mi	2/2.0	1,198 (-2%)	0mo	$252,500	$211	82
3243 Eisenhower Dr	0.14mi	3/2.0 (+1)	1,330 (+9%)	4mo	$270,000	$203	70
2608 Akita Pl	0.11mi	3/1.5 (+1)	1,356 (+11%)	1mo	$136,000	$100	69
3638 Bigelow Dr	0.31mi	2/1.5	1,096 (-10%)	0mo	$192,500	$176	66
3417 Chauncy Rd	0.29mi	2/1.5	1,096 (-10%)	2mo	$210,000	$192	66
2703 Dante Pl	0.41mi	3/2.0 (+1)	1,282 (+5%)	4mo	$330,000	$257	65
3338 Hoover Dr	0.35mi	2/1.5	1,096 (-10%)	0mo	$228,000	$208	64
3543 Hoover Dr	0.39mi	2/2.0	1,096 (-10%)	1mo	$220,000	$201	64
3551 Darlington Rd	0.23mi	3/2.0 (+1)	1,368 (+12%)	1mo	$245,000	$179	64
3227 Rock Royal Dr	0.68mi	2/2.0	1,042 (-15%)	3mo	$180,000	$173	41
2619 Albion St	0.65mi	3/2.0 (+1)	1,368 (+12%)	4mo	$145,000	$106	41

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 · 2.05% rent growth · sell at horizon

5-year hold

• IRR: -9.8%
• Equity multiple: 0.64×
• Total profit: $-15,855
• Equity at exit: $23,707

10-year hold

• IRR: -1.8%
• Equity multiple: 0.88×
• Total profit: $-5,241
• Equity at exit: $13,747

Cash invested: $44,520 (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 34691

• Home prices YoY: -23.9%
• Rents YoY: 2.0%
• Active inventory: 324
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,675 high
• Mortgage (P&I): −$834
• Tax from tax record: −$243 /mo · $2,918/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $180

Break-even live

Break-even rent $1,447

Max offer price $159,000

Occupancy floor 84%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3536 Darlington Rd Holiday, FL	3.0	2.0	1400	$1,950	$1.39	24d	1	0.19mi
3513 Trask Dr Holiday, FL	2.0	1.5	1000	$1,249	$1.25	24d	1	0.22mi
3446 Cincinnati Dr Holiday, FL	3.0	2.0	1216	$1,906	$1.57	5d	1	0.27mi
3052 Salton St Holiday, FL	2.0	2.0	1067	$1,600	$1.50	24d	1	0.31mi
2814 Jacob Crossing Ln Holiday, FL	3.0	2.5	1444	$1,995	$1.38	24d	1	0.37mi
3742 Darlington Rd Holiday, FL	2.0	1.5	936	$1,800	$1.92	24d	1	0.39mi
3521 Allandale Dr Holiday, FL	2.0	2.0	1368	$1,800	$1.32	24d	1	0.42mi
3711 Redwood Dr Holiday, FL	3.0	2.0	1368	$1,850	$1.35	15d	1	0.44mi
3749 Beechwood Dr Holiday, FL	2.0	1.0	1012	$1,673	$1.65	12d	1	0.47mi
3405 Wilson Dr Holiday, FL	2.0	1.0	861	$1,650	$1.92	24d	1	0.53mi
4337 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	768	$1,500	$1.95	24d	1	0.79mi
4351 Tahitian Gardens Cir Holiday, FL	2.0	1.0	825	$1,150	$1.39	24d	1	0.81mi
4334 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	768	$1,450	$1.89	24d	1	0.83mi
4326 Tahitian Gardens Cir Unit 14E Holiday, FL	2.0	1.5	768	$2,000	$2.60	24d	1	0.87mi
3143 Pinon Dr Holiday, FL	2.0	2.0	1034	$1,695	$1.64	22d	1	0.87mi
2051 Pleasure Dr Holiday, FL	2.0	1.0	720	$1,200	$1.67	24d	1	0.87mi
3431 Overland Dr Holiday, FL	3.0	2.0	1236	$1,850	$1.50	24d	1	0.87mi
4365 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,400	$1.70	24d	1	0.89mi
4205 Jordana Way Holiday, FL	1.0–3.0	1.0–2.0	1027	$1,404	$1.37	2d	13	0.91mi
1624 Springdale Dr Holiday, FL	2.0	1.0	1000	$1,575	$1.57	5d	1	0.93mi
4354 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	825	$1,500	$1.82	24d	1	0.93mi
3445 Wiltshire Dr Holiday, FL	2.0	1.5	992	$1,450	$1.46	22d	1	0.94mi
4356 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,350	$1.64	24d	1	0.95mi
2132 Kepner Dr Holiday, FL	2.0	1.0	920	$1,295	$1.41	20d	1	0.97mi
4348 Plaza Dr Holiday, FL	1.0–2.0	1.0–2.0	860	$1,499	$1.74	2d	9	0.98mi
3528 Rock Royal Dr Holiday, FL	2.0	1.0	1052	$1,900	$1.81	24d	1	1.00mi
4313 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.5	825	$1,300	$1.58	15d	1	1.03mi
3516 Sheryl Hill Dr Holiday, FL	2.0	2.0	848	$1,595	$1.88	24d	1	1.04mi
3433 Atlantis Dr Holiday, FL	2.0	1.0	1024	$1,500	$1.46	24d	1	1.07mi
3612 Springfield Dr Holiday, FL	2.0	1.5	1040	$1,450	$1.39	18d	1	1.08mi
3301 Rosefield Dr Holiday, FL	3.0	2.0	1340	$2,100	$1.57	18d	1	1.10mi
1440 Brixton Ln Holiday, FL	2.0	1.0	952	$1,707	$1.79	24d	1	1.14mi
3439 Clydesdale Dr Holiday, FL	2.0	1.0	968	$1,395	$1.44	5d	1	1.17mi
1351 Whitehall Ln Holiday, FL	2.0	1.0	1078	$1,550	$1.44	24d	1	1.22mi
4620 Tropical Ln Holiday, FL	2.0	1.0	1276	$1,650	$1.29	2d	1	1.24mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,200	$1.69	5d	1	1.27mi
2117 Calusa Trl Holiday, FL	2.0	1.0	1205	$1,600	$1.33	5d	1	1.27mi
3104 Primrose Dr Holiday, FL	2.0	2.0	1226	$1,640	$1.34	24d	1	1.33mi
3054 Primrose Dr Holiday, FL	2.0	1.0	976	$1,500	$1.54	5d	1	1.33mi
3623 Holiday Lake Dr Holiday, FL	3.0	1.0	1004	$1,525	$1.52	24d	1	1.34mi

Listing history 12 events

1. 2026-05-14
   status Pending
2. 2026-05-01
   status Active
3. 2026-04-30
   status Pending
4. 2026-04-18
   listed $159,000 Active
5. 2015-03-04
   soldstatus $32,250 Sold 279-char remark

   Show marketing remark (279 chars)

   This home has great bones. It is a two bedroom two bath home with a single car garage. The yard is spacious. The interior is a canvas just waiting for you! Located close to shopping, restaurants and major roads. Schedule a showing today! This is a Fannie Mae HomePath Property.

6. 2015-02-13
   status Pending 279-char remark

   Show marketing remark (279 chars)

   This home has great bones. It is a two bedroom two bath home with a single car garage. The yard is spacious. The interior is a canvas just waiting for you! Located close to shopping, restaurants and major roads. Schedule a showing today! This is a Fannie Mae HomePath Property.

7. 2015-01-28
   listed $32,000 Active 279-char remark

   Show marketing remark (279 chars)

   This home has great bones. It is a two bedroom two bath home with a single car garage. The yard is spacious. The interior is a canvas just waiting for you! Located close to shopping, restaurants and major roads. Schedule a showing today! This is a Fannie Mae HomePath Property.

8. 2005-10-17
   soldstatus $137,900
9. 2005-10-07
   soldstatus $137,900 380-char remark

   Show marketing remark (380 chars)

   This home is beautiful. New carpet, new ceramic tile, new french doors going into family room. Huge eat in kitchen with newer appliances. Half of garage turned into an office. Nice back yard. And a huge country front porch just waiting for some rockers for those relaxing evening. Did you also see listing 7138863 yet? (Family room and garage sqft not reflected in public record)

10. 2005-09-07
    listed $137,900 380-char remark

    Show marketing remark (380 chars)

    This home is beautiful. New carpet, new ceramic tile, new french doors going into family room. Huge eat in kitchen with newer appliances. Half of garage turned into an office. Nice back yard. And a huge country front porch just waiting for some rockers for those relaxing evening. Did you also see listing 7138863 yet? (Family room and garage sqft not reflected in public record)

11. 2005-08-18
    listed $149,000
12. 2005-07-14
    soldstatus $77,500

ⓘ 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: $2,918 · $243/mo
• Projected year-2 tax: $2,918 · $243/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,095
• − Mortgage interest: −$8,906
• − Property taxes: −$2,918
• − Insurance: −$795
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$4,625
• Taxable loss: −$365
• Est. tax savings @ 24.0%: +$88
• After-tax cash flow: $2,244/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 — Holiday

• Score: 66/100
• State rank: #623
• US rank: #12124

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Holiday, FL
• County: Pasco County · 524,098 people
• City population: 33,730
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 21,232
• Household income: $50,288
• Rent vs Own: 32.2% rent · 67.8% own
• Severe rent burden: 1031.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 15% Two or more races 11% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 2% Dominican 2%
• Common ancestry: Romanian 3% Iranian 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 82% English-only · Spanish 8% Other Indo-European 5% 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: ▼ -102.84%
• Current HPI: 326.9843
• Rent YoY: ▲ 2.05%
• 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

+105.2% since first listed

12 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-18 Listed $159,000 Stellar MLS as Distributed by MLS Grid
• 2015-03-04 Sold (MLS) $32,250 Stellar MLS as Distributed by MLS Grid
• 2015-02-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-01-28 Listed $32,000 Stellar MLS as Distributed by MLS Grid
• 2005-10-17 Sold (Public Records) $137,900 Public Records
• 2005-10-07 Sold (MLS) $137,900 Stellar MLS as Distributed by MLS Grid
• 2005-09-07 Listed $137,900 Stellar MLS as Distributed by MLS Grid
• 2005-08-18 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 2005-07-14 Sold (Public Records) $77,500 Public Records

Property tax history

+10.2%/yr

Latest (2025): $2,918 · +4.7% YoY. Source: county tax records.