15071 Rialto Ave · Brookridge, FL 34613

$157,000

2 bd · 2.0 ba · 1,023 sqft · Manufactured public records · 105 Days on market

Built 1980 6,000 sqft lot Est $133k · 18% over $55/mo HOA · 3% of rent

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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 +20.9/30.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-in ready | Beautifully updated 2-bedroom, 2-bathroom home + carport, resting on a quiet lot in the desirable 55+ | Brookridge Golf Community, a gated and guard-attended neighborhood known for its active, golf-cart friendly atmosphere. 1,023 sq ft of comfortable living space, this home shines with thoughtful updates and inviting charm. Luxury Vinyl Flooring seamlessly throughout home enhancing spacious living, dining areas | Kitchen includes new Wood Cabinetry(2026), Granite countertops, Stainless steel sink (2026) and (2026) modern appliances with easy access to the dining room and living room - perfect for gatherings of any size. A built-in hutch/coffee bar adds character and convenience. The Primary suite includes new fan, large closet with its own En-Suite bath includes a walk-in shower and updated Bath Vanity Granite counter + new light fixtures, while the Bathroom 2 offers a tub/shower combo, updated Bath Vanity Granite counter + new light fixtures. Bedroom two provides a generous closet, new fan and flexible space for guests or hobbies. A covered carport leads to a screened in patio and versatile laundry/storage/workshop area--perfect for projects or extra organization. Golf-cart separate parking that you can keep locked up is around back. New Exterior Doors + Screen door for added peace of mind | a well-maintained roof-over and meticulous care throughout, this home is truly move-in-ready. Located in a well-kept community with low HOA fees, No Flood Zone, Brookridge offers gated, guard attended security and a welcoming neighborhood atmosphere to enjoy resort-style amenities including a golf course, pool, clubhouse, pickleball, and numerous social clubs and events. Quick access to the nearby hospitals, shopping, dining, medical facilities and Suncoast Parkway, making travel a breeze. This home is a must see! Don't wait, call today!

Key facts

• Golf-cart parking
• Low hoa fees
• New exterior doors

Tags

• UPDATED KITCHEN
• BUILT-IN HUTCH
• SCREENED IN PATIO
• GOLF-CART PARKING
• NEW EXTERIOR DOORS
• LOW HOA FEES

Property features AI

Finance

• Other: No lease restrictions; Unfurnished
• HOA & community: Brookridge Community Property Owners, Inc. HOA; Monthly HOA fee of $55; Association approval required; HOA covers grounds maintenance and other items; Community clubhouse, fitness center, pool, sauna; Pickleball, shuffleboard and tennis courts; Senior community; Pets allowed

Exterior

• Parking: Has carport; 1 carport space
• Security: Gated community
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected
• Home design: Manufactured home (double wide); One story; East-facing
• Construction: Other construction materials; Roof over; Pillar/post/pier foundation; Built in 1 building
• Exterior features: Porch (screened); Exterior lighting; Storage; Street lights; Trees and landscaped grounds

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Ice maker; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Built-in features; Ceiling fans; Kitchen/family room combo; Living room/dining room combo; Stone counters; Thermostat; Walk-in closets
• Laundry & utility: Laundry room; Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $157k.

Deal economics

• At list price, monthly cash flow is $217 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $157k).
• Recommended offer: $143k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.3% in Brookridge — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 70/100 on livability (#421 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, health & safety C-, amenities 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); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: 691 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 34% 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 $1k of loan paydown is wiped out by about $5k 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 105 days — a 9% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 23y 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 $56k; list at $157k implies a 183% 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; moderate wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,870 (9.0% below list)

Questions for the listing agent

1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.05% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.93%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $132,990
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15645 Brookridge Blvd	0.29mi	2/2.0	1,000 (-2%)	5mo	$132,500	$133	78
8483 Fleetway Ave	0.11mi	2/2.0	920 (-10%)	5mo	$120,000	$130	74
15682 Brookridge Blvd	0.33mi	2/2.0	1,104 (+8%)	0mo	$144,000	$130	71
14233 Rialto Ave	0.41mi	2/2.0	960 (-6%)	4mo	$125,000	$130	68
9839 Scepter Ave	0.37mi	3/2.0 (+1)	960 (-6%)	2mo	$145,000	$151	66
15472 Brookridge Blvd	0.38mi	3/2.0 (+1)	960 (-6%)	3mo	$166,000	$173	65
14883 Rialto Ave	0.33mi	2/2.0	1,144 (+12%)	0mo	$148,000	$129	64
16247 Brookridge Blvd	0.46mi	2/2.0	1,104 (+8%)	3mo	$150,000	$136	63
8304 Weatherford Ave	0.69mi	2/2.0	1,056 (+3%)	1mo	$109,000	$103	62
9259 Salvini Dr	0.42mi	2/2.0	1,152 (+13%)	1mo	$165,000	$143	58
9250 Salvini Dr	0.44mi	2/2.0	912 (-11%)	5mo	$118,000	$129	57
8223 Fortune Hunter Dr	0.48mi	2/2.0	1,176 (+15%)	1mo	$100,000	$85	52

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: -7.1%
• Equity multiple: 0.74×
• Total profit: $-11,583
• Equity at exit: $23,409

10-year hold

• IRR: 2.5%
• Equity multiple: 1.18×
• Total profit: $7,821
• Equity at exit: $13,574

Cash invested: $43,960 (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 34613

• Home prices YoY: -17.2%
• Active inventory: 691
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,643 high
• Mortgage (P&I): −$823
• Tax from tax record: −$137 /mo · $1,648/yr
• Insurance: −$65
• HOA: −$55
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $217

Break-even live

Break-even rent $1,368

Max offer price $157,000

Occupancy floor 82%

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: $39,250
• Closing costs: $4,710
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8871 Southern Charm Cir Brooksville, FL	3.0	2.0	1482	$2,050	$1.38	24d	1	0.27mi
8917 Southern Charm Cir Brooksville, FL	3.0	2.0	1437	$1,695	$1.18	4d	1	0.29mi
9919 Scepter Ave Brooksville, FL	3.0	2.0	1188	$1,250	$1.05	5d	1	0.38mi
15466 Brookridge Blvd Brooksville, FL	2.0	2.0	828	$1,225	$1.48	24d	1	0.39mi
8407 Weatherford Ave Brooksville, FL	2.0	2.0	1104	$1,500	$1.36	18d	1	0.54mi
14342 Starcross St Brooksville, FL	2.0	1.0	900	$1,025	$1.14	22d	1	1.04mi
14697 Brookridge Blvd Brooksville, FL	2.0	2.0	1056	$1,350	$1.28	24d	1	1.30mi

HOA detail

• Monthly dues: $55 · $660/yr
• Likely covers: poolsecurity

Listing history 24 events

1. 2026-06-18
   days on market $157,000 Active 105 DOM
2. 2026-06-17
   price $157,000 Active 104 DOM
3. 2026-06-17
   days on market $159,900 Active 104 DOM
4. 2026-06-16
   days on market $159,900 Active 103 DOM
5. 2026-06-15
   days on market $159,900 Active 102 DOM
6. 2026-06-13
   days on market $159,900 Active 100 DOM
7. 2026-06-13
   days on market $159,900 Active 99 DOM
8. 2026-06-09
   days on market $159,900 Active 96 DOM
9. 2026-06-08
   days on market $159,900 Active 95 DOM
10. 2026-06-07
    days on market $159,900 Active 94 DOM
11. 2026-06-04
    days on market $159,900 Active 91 DOM
12. 2026-06-03
    days on market $159,900 Active 90 DOM
13. 2026-06-02
    days on market $159,900 Active 89 DOM
14. 2026-06-01
    days on market $159,900 Active 88 DOM
15. 2026-05-31
    days on market $159,900 Active 87 DOM
16. 2026-03-05
    listed $159,900 Active
17. 2026-03-03
    listed $159,900 Active 1874-char remark

    Show marketing remark (1874 chars)

    Move-in ready | Beautifully updated 2-bedroom, 2-bathroom home + carport, resting on a quiet lot in the desirable 55+ | Brookridge Golf Community, a gated and guard-attended neighborhood known for its active, golf-cart friendly atmosphere. 1,023 sq ft of comfortable living space, this home shines with thoughtful updates and inviting charm. Luxury Vinyl Flooring seamlessly throughout home enhancing spacious living, dining areas | Kitchen includes new Wood Cabinetry(2026), Granite countertops, Stainless steel sink (2026) and (2026) modern appliances with easy access to the dining room and living room - perfect for gatherings of any size. A built-in hutch/coffee bar adds character and convenience. The Primary suite includes new fan, large closet with its own En-Suite bath includes a walk-in shower and updated Bath Vanity Granite counter + new light fixtures, while the Bathroom 2 offers a tub/shower combo, updated Bath Vanity Granite counter + new light fixtures. Bedroom two provides a generous closet, new fan and flexible space for guests or hobbies. A covered carport leads to a screened in patio and versatile laundry/storage/workshop area--perfect for projects or extra organization. Golf-cart separate parking that you can keep locked up is around back. New Exterior Doors + Screen door for added peace of mind | a well-maintained roof-over and meticulous care throughout, this home is truly move-in-ready. Located in a well-kept community with low HOA fees, No Flood Zone, Brookridge offers gated, guard attended security and a welcoming neighborhood atmosphere to enjoy resort-style amenities including a golf course, pool, clubhouse, pickleball, and numerous social clubs and events. Quick access to the nearby hospitals, shopping, dining, medical facilities and Suncoast Parkway, making travel a breeze. This home is a must see! Don't wait, call today!

18. 2004-07-27
    soldstatus $55,500
19. 2004-07-16
    soldstatus $55,500 65-char remark

    Show marketing remark (65 chars)

    partially furnished ,new golf cart garage,newer r/o carpet vinyl.

20. 2004-07-08
    listed $58,900 65-char remark

    Show marketing remark (65 chars)

    partially furnished ,new golf cart garage,newer r/o carpet vinyl.

21. 2003-12-01
    soldstatus $47,000
22. 2003-08-18
    listed $52,900
23. 1989-04-01
    soldstatus $37,000
24. 1986-03-01
    soldstatus $36,500

ⓘ 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: $1,648 · $137/mo
• Projected year-2 tax: $1,648 · $137/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 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: $19,722
• − Mortgage interest: −$8,794
• − Property taxes: −$1,648
• − Insurance: −$785
• − Repairs & maintenance: −$1,578
• − Management: −$1,578
• − HOA: −$660
• − Depreciation: −$4,567
• Taxable income: $111
• Est. tax owed @ 24.0%: −$27
• After-tax cash flow: $2,580/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 — Brookridge

• Score: 70/100
• State rank: #421
• US rank: #7529

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookridge, 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+338.1% since first listed

9 events — show timeline

• 2026-03-05 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-03 Listed $159,900 HCAR
• 2004-07-27 Sold (Public Records) $55,500 Public Records
• 2004-07-16 Sold (MLS) $55,500 HCAR
• 2004-07-08 Listed $58,900 HCAR
• 2003-12-01 Sold (MLS) $47,000 HCAR
• 2003-08-18 Listed $52,900 HCAR
• 1989-04-01 Sold (Public Records) $37,000 Public Records
• 1986-03-01 Sold (Public Records) $36,500 Public Records

Property tax history

+7.7%/yr

Latest (2025): $1,648 · +0.6% YoY. Source: county tax records.