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3354 Scorecard Dr #3
D Composite 43.16
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).

  • ARV discount +15.0/15.0
  • 1% rule +9.7/10.0
  • Schools +6.7/10.0
  • Cash flow +4.1/30.0
  • Livability +4.1/5.0
  • Condition / age +2.2/5.0
  • Rent growth +1.3/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$120,000

3354 Scorecard Dr #3 · New Port Richey, FL 34655
2 bd · 1.0 ba · 874 sqft · Condo · 2 Days on market
Built 1977 Fair condition $137/sqft · 20% below area Est $149k · 20% under $897/mo HOA · 51% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Enjoy a peaceful view from this charming 2-bedroom, 1-bath condo, ideally positioned along the 17th hole in the Seven Springs Golf Community with a scenic pond as your backdrop. Whether you're looking for a full-time residence, seasonal retreat, or low-maintenance home, this condo offers an affordable opportunity to enjoy a golf community lifestyle. Optional social membership provides access to additional amenities, including a clubhouse, swimming pools, tennis and pickleball courts, and more. Seven Springs also features two golf courses, a pro shop, and a restaurant open to the public, giving residents and guests plenty of options close to home.

Key facts

  • Scenic pond
  • Community amenities
  • Convenient location

Tags

SCENIC PONDCOMMUNITY AMENITIESGOLF COURSE VIEWSCONVENIENT LOCATION

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $120k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $-759 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $10k (91.5% below list).
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $10k (91.5% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 82/100 on livability (#67 in FL, #1,139 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, commute D, employment 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.
  • Zoned schools: Longleaf Elementary School (math 69% / reading 73%, grade A-, #320 of 2,144 statewide, top 15%, 639 students, 40% FRL); Seven Springs Middle School (math 73% / reading 65%, grade A, #68 of 571 statewide, top 12%, 1,628 students, 36% FRL); James W. Mitchell High School (math 60% / reading 63%, grade B-, #100 of 667 statewide, top 15%, 2,155 students, 32% FRL).
  • Zoned-school proficiency averages 67% at this address vs 51% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Pasco average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents falling (-4.7%/yr); 805 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 74% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $830 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

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 12y 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.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo; HOA is 51% of rent.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $10,140 (91.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.47% ✓
Cap rate
2.97%
Cash-on-cash
-11.88%
DSCR
0.47
GRM
5.7

CMA / ARV

ARV (median comp)
$149,311
List price
$120,000
Delta
-19.63%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3315 Trophy Blvd #0 0.10mi 2/1.0 827 (-5%) 2mo $124,900 $151 84
3661 Trophy Blvd #3661 0.30mi 2/1.0 827 (-5%) 1mo $125,000 $151 76
3642 Trophy Blvd 0.24mi 2/2.0 923 (+6%) 0mo $120,000 $130 75
3684 Trophy Blvd 0.27mi 2/2.0 923 (+6%) 1mo $145,000 $157 73
3254 Teeside Dr #2304 0.20mi 2/2.0 1,034 (+18%) 2mo $130,000 $126 60
9609 Brassie Ct 0.41mi 2/2.0 956 (+9%) 2mo $156,000 $163 60
9218 Championship Ln 0.36mi 2/1.5 1,023 (+17%) 2mo $135,000 $132 55
9143 Via Recreo 0.73mi 2/1.0 816 (-7%) 2mo $185,000 $227 53
4817 Grist Mill Cir #4817 1.48mi 2/2.0 962 (+10%) 2mo $205,000 $213 43
4039 LA Pasida Ln 0.77mi 2/2.0 972 (+11%) 2mo $155,000 $159 41
3415 Claires Ct 0.72mi 2/1.0 1,016 (+16%) 1mo $128,500 $126 41
9427 Cape Charles Ave 1.27mi 2/2.0 1,016 (+16%) 2mo $190,000 $187 34

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
-93.7%
Equity multiple
-1.15×
Total profit
$-72,130
Equity at exit
$17,892
10-year hold
IRR
—
Equity multiple
-3.22×
Total profit
$-141,641
Equity at exit
$10,375

Cash invested: $33,600 (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 →

Active competition Active MLS

For sale now
0 active · 1 under contract

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34655

Home prices YoY
-22.9%
Rents YoY
-4.7%
Active inventory
805
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,764 high interval (Pro) →
Mortgage (P&I)
−$629
Tax est. 1.5%
−$150 /mo · $1,800/yr
Insurance
−$50
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
−$897
Vacancy / Maint / Mgmt
−$370
Net cashflow
$-759

Break-even live

Break-even rent $2,725
Max offer price $10,140
Occupancy floor —

Sensitivity live

Price -10% $-676 -5% $-718 +0% $-759 +5% $-801 +10% $-842
Rent -10% $-899 -5% $-829 +0% $-759 +5% $-690 +10% $-620
Rate -1.0pp $-699 -0.5pp $-729 base $-759 +0.5pp $-790 +1.0pp $-822

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
$30,000
Closing costs
$3,600
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3668 Trophy Blvd New Port Richey, FL 2.0 2.0 923 $2,100 $2.28 32d 1 0.27mi
3712 Trophy Blvd New Port Richey, FL 2.0 2.0 923 $1,395 $1.51 10d 1 0.33mi
3683 Trophy Blvd New Port Richey, FL 2.0 2.0 923 $1,575 $1.71 44d 1 0.34mi
9303 Golf View Dr Unit 1 New Port Richey, FL 2.0 2.0 1004 $2,500 $2.49 32d 1 0.34mi
9609 Midiron Ct #1 New Port Richey, FL 2.0 1.0 792 $2,200 $2.78 44d 1 0.47mi
9609 Midiron Ct #1 New Port Richey, FL 2.0 1.0 858 $2,200 $2.56 54d 1 0.47mi
3819 Teeside Dr New Port Richey, FL 2.0 2.0 956 $1,400 $1.46 7d 1 0.48mi
3832 Teeside Dr Unit 4 New Port Richey, FL 2.0 2.0 956 $1,495 $1.56 106d 1 0.51mi
3832 Teeside Dr Unit 1 New Port Richey, FL 2.0 2.0 1034 $1,495 $1.45 100d 1 0.51mi
9110 Via Recreo New Port Richey, FL 2.0 2.0 891 $1,500 $1.68 44d 1 0.73mi
4008 El Merita Ct New Port Richey, FL 2.0 2.0 891 $1,495 $1.68 32d 1 0.73mi
4008 El Merita Ct Unit 1 New Port Richey, FL 2.0 2.0 891 $1,495 $1.68 44d 1 0.73mi
4031 Vista Verde Dr New Port Richey, FL 1.0–2.0 1.0–2.0 825 $1,584 $1.92 0d 6 0.80mi
3952 Elvira Ct New Port Richey, FL 2.0 2.0 957 $1,400 $1.46 54d 1 0.83mi
3104 Town Ave Trinity, FL 1.0 1.0 882 $1,100 $1.25 120d 1 0.84mi
3104 Town Ave Trinity, FL 1.0 1.0 882 $1,100 $1.25 3d 1 0.84mi
4105 La Pasida Ln New Port Richey, FL 2.0 2.0 972 $1,750 $1.80 120d 1 0.84mi
8930 Lazy River Loop New Port Richey, FL 1.0–3.0 1.0–2.0 1018 $1,560 $1.53 0d 17 0.89mi
9221 Estrada Pl New Port Richey, FL 2.0 2.0 1000 $1,595 $1.59 32d 1 0.93mi

Property features AI

Finance

Other
Condo land not included
Financial info
Total annual fees $5,652Lease restrictions: none indicated
HOA & community
Monthly condo/association fee $471Association: Seven Springs Villas CondoAssociation fees include guard (24-hour), cable TV, internet, structure and grounds maintenance, pool, sewer, trash, and waterAssociation approval not required for saleBuyer approval required for communityCommunity amenities: clubhouse, community mailbox, deed restrictions, golf, pool, sidewalks, tennis courts, golf cart friendlyPets allowed (max weight 35 lbs)

Exterior

Parking
Parking information not provided
Security
24-hour guard (community)
Utilities
Public waterPublic sewerOther utilities
Home design
CondominiumOne storyFacing southwestFirst floor unit
Construction
Block and stucco constructionShingle roofBlock foundationBuilt as part of building number 3354
Exterior features
DeckPatioPorchSidewalkStorageTennis courts on-site

Interior

Kitchen
DishwasherMicrowaveRefrigeratorElectric range (if applicable)
Bedrooms
2 bedrooms
Flooring
Ceramic tileLaminate
Bathrooms
1 full bathroom
Heating & cooling
Electric heatingCentral air conditioning
Interior features
Ceiling fansLiving room/dining room comboFive total rooms
Laundry & utility
Washer and dryer inside

HOA detail $897/mo · $10,764/yr condo

Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 35 events

  1. 2026-08-27
    days on market $120,000 Active 2 DOM
  2. 2026-08-25
    pricedays on marketlisting id $120,000 Active 1 DOM
  3. 2026-07-07
    days on market $135,000 Active 64 DOM
  4. 2026-07-06
    days on market $135,000 Active 63 DOM
  5. 2026-07-06
    days on market $135,000 Active 62 DOM
  6. 2026-07-05
    days on market $135,000 Active 61 DOM
  7. 2026-07-03
    days on market $135,000 Active 60 DOM
  8. 2026-07-02
    days on market $135,000 Active 59 DOM
  9. 2026-07-01
    days on market $135,000 Active 58 DOM
  10. 2026-06-30
    days on market $135,000 Active 57 DOM
  11. 2026-06-29
    days on market $135,000 Active 56 DOM
  12. 2026-06-28
    days on market $135,000 Active 55 DOM
  13. 2026-06-27
    days on market $135,000 Active 54 DOM
  14. 2026-06-26
    remarks 699-char remark
  15. 2026-06-26
    days on market $135,000 Active 53 DOM
  16. 2026-06-24
    days on market $135,000 Active 51 DOM
  17. 2026-06-22
    days on market $135,000 Active 49 DOM
  18. 2026-06-22
    days on market $135,000 Active 48 DOM
  19. 2026-06-18
    days on market $135,000 Active 45 DOM
  20. 2026-06-17
    days on market $135,000 Active 44 DOM
  21. 2026-06-16
    days on market $135,000 Active 43 DOM
  22. 2026-06-15
    days on market $135,000 Active 42 DOM
  23. 2026-06-13
    days on market $135,000 Active 40 DOM
  24. 2026-06-09
    days on market $135,000 Active 36 DOM
  25. 2026-06-08
    days on market $135,000 Active 35 DOM
  26. 2026-06-07
    days on market $135,000 Active 34 DOM
  27. 2026-06-04
    days on market $135,000 Active 31 DOM
  28. 2026-06-03
    days on market $135,000 Active 30 DOM
  29. 2026-06-02
    days on market $135,000 Active 29 DOM
  30. 2026-06-01
    days on market $135,000 Active 28 DOM
  31. 2026-05-31
    days on market $135,000 Active 27 DOM
  32. 2026-05-04
    listed $135,000 Active
  33. 2015-07-11
    historical
  34. 2015-02-26
    price $57,900
  35. 2014-10-10
    listed $59,900 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 AE · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,169
− Mortgage interest
−$6,722
− Property taxes
−$1,800
− Insurance
−$5,718
− Repairs & maintenance
−$1,694
− Management
−$1,694
− HOA
−$10,764
− Depreciation
−$3,491
Taxable loss
−$10,713
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,571
After-tax cash flow
$-6,539/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 · 11 photos

Fair 45/100 Cosmetic rehab Est. rehab $4,370–$13,110 screening

This 2-bedroom condo in Seven Springs Golf Community is in fair condition with cosmetic updates needed. Paint and appliances could be refreshed to boost its value.

Repairs flagged

  • Minor Paint — Paint appears faded in some areas
  • Minor Appliances — Standard appliances may need cleaning

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and resale value ↑
  • Both Replace appliances — Modernizes kitchen and improves rental appeal ↑
  • Both Landscaping — Improves curb appeal and rental value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

C Composite school gradezoned avg 67/100

Zoned Schools

Elementary Longleaf Elementary School A- FL #320/2,144 Nat'l #3,228/41,679 Middle Seven Springs Middle School A FL #68/571 Nat'l #913/14,009 High James W. Mitchell High School B- FL #100/667 Nat'l #3,404/17,239

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
A Composite livability gradescore 82/100

Livability — New Port Richey

Score
82/100
State rank
#67
US rank
#1139

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Pasco County · 570,045 people
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
49,964
Household income
$85,470
Rent vs Own
23.5% rent · 76.5% own
Severe rent burden
21% of renters

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 (83%)
Race & ethnicity
White 83% Hispanic / Latino 9% Two or more races 7% Asian 2% Black 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2% Cuban 2%
Common ancestry
Romanian 4% Lithuanian 2% Slovak 2%
Foreign-born
12% · Canada, Vietnam, Jamaica
Languages at home
87% English-only · Spanish 6% 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
—

Price history

6 events — show timeline
  • 2026-08-25 Listed $120,000 Stellar MLS as Distributed by MLS Grid
  • 2026-07-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2026-05-04 Listed — Stellar MLS as Distributed by MLS Grid
  • 2015-07-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2015-02-26 Price Changed — Stellar MLS as Distributed by MLS Grid
  • 2014-10-10 Listed — Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…