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10568 Tucker Rd 🏗️ New Construction
D- Composite 36.99
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 +10.3/30.0
  • ARV discount +7.5/15.0
  • Schools +4.2/10.0
  • 1% rule +3.6/10.0
  • Livability +3.4/5.0
  • DSCR +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$262,990

10568 Tucker Rd · North Weeki Wachee, FL 34613
3 bd · 2.0 ba · 1,504 sqft · Land · 72 Days on market
Built 2026 4,800 sqft lot $115/mo HOA · 5% of rent

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

Listing remarks MLS

Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, and microwave. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

Key facts

  • One story
  • Concrete block
  • Walk in closet

Tags

ONE STORYCONCRETE BLOCKOPEN CONCEPT LAYOUTSTAINLESS STEEL APPLIANCESENSUITE BATHROOMWALK IN CLOSET

Property features AI

Finance

  • Other: Lease restrictions apply
  • Financial info: CDD is present; Home warranty included
  • HOA & community: HOA managed by Kai Management; Monthly HOA approximately $115 (Quarterly association fee $345); Association approval required; Pets allowed

Exterior

  • Parking: Attached garage (2 spaces)
  • Utilities: Public water; Public sewer; Other utilities
  • Home design: Single family residence; One story; New construction (projected completion July 26, 2026); Faces north; Under construction; Located in a PUD
  • Construction: Block construction; Shingle roof; Slab foundation; Built by DR Horton INC (model: Allex)
  • Exterior features: Paved road access; Irrigation equipment; Lot approximately 0.11 acres

Interior

  • Kitchen: Dishwasher; Microwave; Range
  • Bedrooms: 3 bedrooms
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating; Heat pump; Central air conditioning
  • Interior features: Open floorplan; Home has 3 total rooms
  • Laundry & utility: Dedicated laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath land listed at $263k.

Deal economics

  • At list price, monthly cash flow is $-144 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $242k (7.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (13.9% below list).
  • Recommended offer: $226k (13.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.6% vs local median 3.9% in North Weeki Wachee — 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 68/100 on livability (#534 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; 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: Winding Waters K-8 (math 50% / reading 48%, grade D, #1,134 of 2,144 statewide, top 54%, 1,622 students, 56% FRL); Weeki Wachee High School (math 41% / reading 42%, grade F, #284 of 667 statewide, top 43%, 1,435 students, 52% FRL) — zoned schools at 54% FRL track the district average.
  • Market conditions: 695 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
  • At $2,264/mo this rent would consume 46% of the median local household income ($59k/yr) (locally 307% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 72 days — a 6% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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.
Recommended offer $226,446 (13.9% 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. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  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. 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?
  8. 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.
  9. 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.
  10. 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
0.86%
Cap rate
5.64%
Cash-on-cash
-2.34%
DSCR
0.90
GRM
9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-20.1%
Equity multiple
0.30×
Total profit
$-51,653
Equity at exit
$39,213
10-year hold
IRR
-13.0%
Equity multiple
0.24×
Total profit
$-56,324
Equity at exit
$22,739

Cash invested: $73,637 (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
695
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$2,264 medium interval (Pro) →
Mortgage (P&I)
$1,379
Tax est. 1.5%
$329 /mo · $3,945/yr
Insurance
$110
HOA
$115
Vacancy / Maint / Mgmt
$476
Net cashflow
$-144

Break-even live

Break-even rent $2,446
Max offer price $242,220
Occupancy floor

Sensitivity live

Price -10% $38 -5% $-53 +0% $-144 +5% $-234 +10% $-325
Rent -10% $-322 -5% $-233 +0% $-144 +5% $-54 +10% $35
Rate -1.0pp $-11 -0.5pp $-77 base $-144 +0.5pp $-212 +1.0pp $-281

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
$65,748
Closing costs
$7,890
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9408 New Orleans Dr Weeki Wachee, FL 2.0 2.0 1650 $1,995 $1.21 25d 1 1.18mi
9376 Southern Belle Dr Weeki Wachee, FL 3.0 2.0 2028 $2,300 $1.13 3d 1 1.41mi
9376 Southern Belle Dr Weeki Wachee, FL 3.0 2.0 2028 $2,300 $1.13 6d 1 1.41mi

HOA detail

Monthly dues
$115 · $1,380/yr

Listing history 25 events

  1. 2026-06-21
    days on market $262,990 Active 72 DOM
  2. 2026-06-18
    days on market $262,990 Active 69 DOM
  3. 2026-06-17
    days on market $262,990 Active 68 DOM
  4. 2026-06-16
    days on market $262,990 Active 67 DOM
  5. 2026-06-15
    days on market $262,990 Active 66 DOM
  6. 2026-06-13
    days on market $262,990 Active 64 DOM
  7. 2026-06-13
    days on market $262,990 Active 63 DOM
  8. 2026-06-09
    days on market $262,990 Active 60 DOM
  9. 2026-06-08
    days on market $262,990 Active 59 DOM
  10. 2026-06-07
    days on market $262,990 Active 58 DOM
  11. 2026-06-04
    days on market $262,990 Active 55 DOM
  12. 2026-06-03
    days on market $262,990 Active 54 DOM
  13. 2026-06-02
    days on market $262,990 Active 53 DOM
  14. 2026-06-01
    days on market $262,990 Active 52 DOM
  15. 2026-05-31
    days on market $262,990 Active 51 DOM
  16. 2026-05-14
    price $263,990 955-char remark
    Show marketing remark (955 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, and microwave. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  17. 2026-05-13
    price $263,990 1026-char remark
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  18. 2026-05-13
    price $263,990
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  19. 2026-05-07
    price $265,990 955-char remark
    Show marketing remark (955 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, and microwave. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  20. 2026-05-06
    price $265,990
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  21. 2026-05-06
    price $265,990 1026-char remark
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  22. 2026-04-11
    listed $272,070 Active 955-char remark
    Show marketing remark (955 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, and microwave. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  23. 2026-04-10
    listed $272,070 Active 1026-char remark
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  24. 2026-04-10
    listed $272,070 Active
    Show marketing remark (1026 chars)

    Experience a harmonious blend of comfort and functionality in this one-story, concrete block constructed home, meticulously designed to optimize living space through an open-concept layout. The kitchen is equipped for both efficiency and style with all stainless-steel appliances, including a range, built-in dishwasher, refrigerator, and microwave. The laundry room comes equipped with a washer and dryer. The primary bedroom features an ensuite bathroom and walk-in closet. The Allex is complete with a state-of-the-art smart home system. This single-story haven ensures convenience and accessibility, providing a perfect balance of open space and purposeful design for a truly enjoyable living experience. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

  25. 2026-02-24
    soldstatus $1,523,100

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,174
− Mortgage interest
−$14,732
− Property taxes
−$3,945
− Insurance
−$1,315
− Repairs & maintenance
−$2,174
− Management
−$2,174
− HOA
−$1,380
− Depreciation
−$7,651
Taxable loss
−$6,196
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,487
After-tax cash flow
$-235/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 — North Weeki Wachee

Score
68/100
State rank
#534
US rank
#10019

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
North Weeki Wachee, 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

-82.7% since first listed
10 events — show timeline
  • 2026-05-14 Price Changed $263,990 Zillow
  • 2026-05-13 Price Changed $263,990 HCAR
  • 2026-05-13 Price Changed $263,990 Stellar MLS as Distributed by MLS Grid
  • 2026-05-07 Price Changed $265,990 Zillow
  • 2026-05-06 Price Changed $265,990 Stellar MLS as Distributed by MLS Grid
  • 2026-05-06 Price Changed $265,990 HCAR
  • 2026-04-11 Listed $272,070 Zillow
  • 2026-04-10 Listed $272,070 HCAR
  • 2026-04-10 Listed $272,070 Stellar MLS as Distributed by MLS Grid
  • 2026-02-24 Sold (Public Records) $1,523,100 Public Records

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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