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6748 Ripple Pond Loop
F Composite 30.59
Why this score? — see what drove the F 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 +11.0/15.0
  • Condition / age +4.0/5.0
  • Cash flow +3.7/30.0
  • Livability +3.6/5.0
  • 1% rule +3.2/10.0
  • Schools +3.2/10.0
  • Rent growth +1.9/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$235,000

6748 Ripple Pond Loop · Zephyrhills, FL 33541
2 bd · 2.0 ba · 1,413 sqft · Townhouse public records · 11 Days on market
Built 2022 Good condition 2,987 sqft lot Garage $166/sqft · 8% below area Est $255k · 8% under $340/mo HOA · 18% of rent ↓ 17% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this meticulously maintained 2 bedroom, 2 bath Villa located in the desirable gated community of Abbott Square in Zephyrhills. Only a few years old, this light-filled home offers modern comfort, low-maintenance living, and a welcoming atmosphere perfect for year round living or a seasonal retreat. Inside, you’ll find a bright and open layout designed for both everyday living and entertaining. The kitchen features stainless steel appliances, granite countertops, and ample cabinet space, creating a stylish and functional heart of the home. The home has been exceptionally well maintained and offers comfortable living spaces with plenty of natural light throughout.

Key facts

  • Gated community
  • Natural light
  • Ample cabinet space

Tags

GATED COMMUNITYSTAINLESS STEEL APPLIANCESGRANITE COUNTERTOPSAMPLE CABINET SPACENATURAL LIGHT

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/2.0-bath townhouse listed at $235k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-689 ($-8k/yr) — negative.
  • To cash-flow at today's rent, offer at most $128k (45.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (18.4% below list).
  • Recommended offer: $128k (45.5% below list) — sets the bar for cash-flow.
  • Cap rate 2.8% vs local median 3.9% in Zephyrhills — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 72/100 on livability (#330 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime C-, 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.
  • Zoned schools: West Zephyrhills Elementary School (math 27% / reading 32%, grade F, #1,896 of 2,144 statewide, top 90%, 615 students, 81% FRL); Raymond B. Stewart Middle School (math 33% / reading 30%, grade F, #453 of 571 statewide, top 81%, 988 students, 77% FRL); Zephyrhills High School (math 35% / reading 37%, grade F, #359 of 667 statewide, top 55%, 1,656 students, 70% FRL) — zoned schools average 76% FRL vs 48% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 32% at this address vs 51% district-wide (-19 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-2.5%/yr); 1451 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 108d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
  • This rent runs 41% 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 $2k of loan paydown is wiped out by about $7k 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 11 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 4y 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: property tax is 2.7% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $128,061 (45.5% 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.82% ✗
Cap rate
2.78%
Cash-on-cash
-12.56%
DSCR
0.44
GRM
10.2

CMA / ARV

ARV (median comp)
$254,932
List price
$235,000
Delta
-7.82%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6856 Ripple Pond Loop 0.11mi 2/2.0 1,530 (+8%) 13mo $215,000 $141 70
36414 Well Hill Way 0.50mi 2/2.5 1,541 (+9%) 16mo $239,900 $156 46
36522 Well Hill Way 0.44mi 2/2.5 1,541 (+9%) 20mo $249,000 $162 46
36427 Garden Wall Way 0.56mi 3/2.5 (+1) 1,624 (+15%) 0mo $240,000 $148 42
36495 Garden Wall Way 0.52mi 3/2.5 (+1) 1,624 (+15%) 12mo $210,000 $129 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
-44.6%
Equity multiple
-0.32×
Total profit
$-87,168
Equity at exit
$35,039
10-year hold
IRR
—
Equity multiple
-1.32×
Total profit
$-152,530
Equity at exit
$20,319

Cash invested: $65,800 (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 →
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
18 active · 3 under contract
Months of supply
36.0 mo (3%/mo absorbed)
Median asking
$249,450 ($157/sqft)
Median days on market
100 d
This list price
39% of active listings are priced below it
ARV vs active asking
+14.7% above current asking $/sqft

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

ZIP-level market 33541

Home prices YoY
-15.2%
Rents YoY
-2.5%
Active inventory
1451
Price-to-rent
10.2×

Monthly cashflow live

Estimated rent
$1,918 high interval (Pro) →
Mortgage (P&I)
−$1,232
Tax from tax record
−$534 /mo · $6,403/yr
Insurance
−$98
HOA
−$340
Vacancy / Maint / Mgmt
−$403
Net cashflow
$-689

Break-even live

Break-even rent $2,790
Max offer price $128,061
Occupancy floor —

Sensitivity live

Price -10% $-555 -5% $-622 +0% $-689 +5% $-755 +10% $-822
Rent -10% $-840 -5% $-764 +0% $-689 +5% $-613 +10% $-537
Rate -1.0pp $-570 -0.5pp $-629 base $-689 +0.5pp $-749 +1.0pp $-811

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
$58,750
Closing costs
$7,050
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6851 Ripple Pond Loop Zephyrhills, FL 2.0 2.0 1400 $1,850 $1.32 77d 1 0.13mi
6773 Branham Mill Ct Zephyrhills, FL 3.0 2.0 1454 $1,950 $1.34 165d 1 0.13mi
7064 Ripple Pond Loop Zephyrhills, FL 3.0 2.5 1787 $2,047 $1.15 155d 1 0.17mi
7058 Ripple Pond Loop Zephyrhills, FL 3.0 2.5 1666 $2,000 $1.20 10d 1 0.17mi
6541 Brentwood Dr Zephyrhills, FL 2.0 2.0 1496 $1,800 $1.20 37d 1 0.23mi
7002 Ripple Pond Loop Zephyrhills, FL 3.0 2.5 1787 $1,995 $1.12 53d 1 0.24mi
7002 Ripple Pond Loop Unit Gc Zephyrhills, FL 3.0 2.5 1787 $1,995 $1.12 25d 1 0.24mi
36507 Camp Fire Ter Zephyrhills, FL 3.0 2.0 1537 $2,500 $1.63 165d 1 0.45mi
36456 Well Hill Way Zephyrhills, FL 2.0 2.5 1541 $1,900 $1.23 90d 1 0.46mi
36403 Well Hill Way Zephyrhills, FL 3.0 2.5 1528 $2,200 $1.44 165d 1 0.47mi
36543 Garden Wall Way Zephyrhills, FL 3.0 2.5 1634 $2,200 $1.35 1d 1 0.48mi
36406 Well Hill Way Zephyrhills, FL 3.0 2.5 1634 $2,000 $1.22 158d 1 0.49mi
36429 Camp Fire Ter Zephyrhills, FL 3.0 2.5 1634 $1,895 $1.16 115d 1 0.49mi
36425 Camp Fire Ter Zephyrhills, FL 3.0 2.5 1634 $1,900 $1.16 126d 1 0.50mi
6633 Foxmoor Dr Zephyrhills, FL 3.0 2.0 1300 $2,000 $1.54 165d 1 0.50mi
36401 Camp Fire Ter Unit 36401 Zephyrhills, FL 3.0 2.5 1634 $1,895 $1.16 161d 1 0.51mi
36352 Well Hill Way Zephyrhills, FL 3.0 2.5 1634 $1,900 $1.16 121d 1 0.53mi
36367 Camp Fire Ter Zephyrhills, FL 2.0 2.5 1541 $1,950 $1.27 122d 1 0.53mi
6346 Silver Oaks Dr Zephyrhills, FL 3.0 2.0 1486 $1,800 $1.21 10d 1 0.55mi
36095 Carriage Pine Ct Zephyrhills, FL 3.0 2.0 1461 $1,990 $1.36 165d 1 0.71mi
6435 Victorian Way Zephyrhills, FL 2.0 2.0 980 $1,699 $1.73 7d 1 0.75mi
6058 Abbott Station Dr Zephyrhills, FL 1.0–3.0 1.0–2.5 1002 $1,569 $1.57 0d 71 0.78mi
37542 Eiland Blvd Unit B Zephyrhills, FL 2.0 2.0 970 $1,880 $1.94 10d 1 0.88mi
36321 Stonewood Ln #103 Zephyrhills, FL 2.0 2.0 987 $1,525 $1.55 165d 1 0.88mi
6335 Maisie Rd Zephyrhills, FL 3.0 2.5 1363 $1,650 $1.21 10d 1 0.89mi
36243 Lake Chase Blvd #203 Zephyrhills, FL 3.0 2.0 1278 $1,775 $1.39 165d 1 0.91mi
6249 Maisai Rd #6 Zephyrhills, FL 3.0 2.5 1561 $1,550 $0.99 143d 1 0.92mi
5914 Willow Ridge Dr #101 Zephyrhills, FL 2.0 2.0 987 $1,425 $1.44 109d 1 0.93mi
37555 Daliha Ter Zephyrhills, FL 3.0 2.5 1365 $1,558 $1.14 115d 1 0.93mi
6262 Maisie Rd Zephyrhills, FL 3.0 2.5 1363 $1,700 $1.25 165d 1 0.93mi
37554 Daliha Ter Zephyrhills, FL 3.0 2.5 1363 $1,500 $1.10 53d 1 0.94mi
36901 Kimela Ave Unit 36901 Zephyrhills, FL 2.0 2.0 1400 $1,545 $1.10 90d 1 0.95mi
37603 Daliha Ter Zephyrhills, FL 3.0 2.5 1363 $1,600 $1.17 101d 1 0.95mi
5903 Willow Ridge Dr #203 Zephyrhills, FL 3.0 2.0 1097 $1,600 $1.46 108d 1 0.96mi
6900 Aqua Vista Dr Zephyrhills, FL 2.0–3.0 2.0 1121 $1,380 $1.23 0d 9 0.96mi
36113 Deer Creek Dr #201 Zephyrhills, FL 3.0 2.0 1278 $1,595 $1.25 10d 1 0.99mi
37515 Laurel Hammock Dr Zephyrhills, FL 3.0 2.0 1618 $2,000 $1.24 10d 1 0.99mi
36101 Deer Creek Dr #103 Zephyrhills, FL 2.0 2.0 1029 $1,500 $1.46 10d 1 0.99mi
36101 Deer Creek Dr #104 Zephyrhills, FL 2.0 2.0 1029 $1,400 $1.36 19d 1 0.99mi
36101 Deer Creek Dr #202 Zephyrhills, FL 2.0 2.0 1149 $1,395 $1.21 129d 1 0.99mi

Property features AI

Finance

Other
Homestead exemptZoning: PUD
Financial info
Lease restrictions apply
HOA & community
Monthly HOA $340HOA amenities: clubhouse, pool, playground, tennis courts, sidewalksAssociation fee includes pool, internet, structure and grounds maintenance

Exterior

Parking
Attached garage (1 car)
Utilities
Public waterPublic sewerElectricity availableCable available
Home design
TownhouseResidential propertyOne storyFaces westEntry level: One
Construction
Block, concrete and stucco constructionShingle roofSlab foundationBuilt with conventional materials
Exterior features
Enclosed screened rear porchPatio/porchOutdoor lightingSidewalkSliding doorsLandscapedPaved surfaces

Interior

Kitchen
DishwasherRangeMicrowaveRefrigeratorStone countertops
Bedrooms
2 bedrooms
Flooring
CarpetCeramic tile
Bathrooms
2 full bathrooms
Heating & cooling
Central heating (electric)Central air conditioning
Interior features
Ceiling fansEat-in kitchenOpen floorplanStone countersWalk-in closet(s)
Laundry & utility
Laundry roomWasherDryer

HOA detail $340/mo · $4,080/yr

Likely covers
security

Listing history 8 events

  1. 2026-06-09
    days on market $235,000 Active 11 DOM
  2. 2026-06-08
    days on market $235,000 Active 10 DOM
  3. 2026-06-07
    days on market $235,000 Active 9 DOM
  4. 2026-06-04
    days on market $235,000 Active 6 DOM
  5. 2026-06-03
    days on market $235,000 Active 5 DOM
  6. 2026-06-02
    days on market $235,000 Active 4 DOM
  7. 2026-06-01
    days on market $235,000 Active 3 DOM
  8. 2026-05-31
    days on market $235,000 Active 2 DOM

ⓘ 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
$6,403 · $534/mo
Projected year-2 tax
$6,403 · $534/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 9/10 Extreme 7 d/yr ≥108°F today · 24 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,018
− Mortgage interest
−$13,164
− Property taxes
−$6,403
− Insurance
−$1,175
− Repairs & maintenance
−$1,841
− Management
−$1,841
− HOA
−$4,080
− Depreciation
−$6,836
Taxable loss
−$12,323
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,958
After-tax cash flow
$-5,305/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 · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $7,065–$21,195 screening

This well-maintained 2-bedroom townhouse in Abbott Square, Zephyrhills, offers a good condition with minimal repairs needed. It's ready for a new owner to move in and enjoy.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
  • Both Landscaping improvements — Enhances curb appeal and adds value ↑
  • Both Replace worn-out carpet — Improves comfort and reduces maintenance costs ↑

ⓘ 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.

F Composite school gradezoned avg 32/100

Zoned Schools

Elementary West Zephyrhills Elementary School F FL #1,896/2,144 Nat'l #26,716/41,679 Middle Raymond B. Stewart Middle School F FL #453/571 Nat'l #8,497/14,009 High Zephyrhills High School F FL #359/667 Nat'l #9,405/17,239

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
B Composite livability gradescore 72/100

Livability — Zephyrhills

Score
72/100
State rank
#330
US rank
#5760

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Zephyrhills, FL
County
Pasco County · 570,045 people
City population
48,266
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
24% 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 (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%
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
—

Price history

-17.0% since first listed
14 events — show timeline
  • 2026-05-29 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
  • 2026-05-29 Listed $240,000 Stellar MLS as Distributed by MLS Grid
  • 2025-11-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2025-08-16 Price Changed $259,900 Stellar MLS as Distributed by MLS Grid
  • 2025-07-21 Listed $262,500 Stellar MLS as Distributed by MLS Grid
  • 2025-06-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2025-01-01 Listed $265,500 Stellar MLS as Distributed by MLS Grid
  • 2022-11-30 Sold (MLS) $259,990 Stellar MLS as Distributed by MLS Grid
  • 2022-09-08 Pending — Stellar MLS as Distributed by MLS Grid
  • 2022-09-07 Price Changed $259,990 Stellar MLS as Distributed by MLS Grid
  • 2022-08-30 Price Changed $269,990 Stellar MLS as Distributed by MLS Grid
  • 2022-08-16 Price Changed $274,990 Stellar MLS as Distributed by MLS Grid
  • 2022-07-26 Price Changed $279,990 Stellar MLS as Distributed by MLS Grid
  • 2022-07-21 Listed $282,990 Stellar MLS as Distributed by MLS Grid

Property tax history

+186.8%/yr

Latest (2025): $6,403 · +15.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…