39219 Ola Ave · Zephyrhills North, FL 33542

$139,900

3 bd · 2.0 ba · 864 sqft · Manufactured public records · 7 Days on market

Built 1978 5,440 sqft lot Est $123k · 14% over

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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 +22.7/30.0
• DSCR +7.3/10.0
• 1% rule +5.7/10.0
• Schools +4.3/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• ARV discount +1.2/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

KEMPLE ESTATES! NO LOT RENT! NO HOA! Tired of cold winters in the north? Come and take a look at this neat and clean double-wide mobile home locate on the East side of Zephyrhills. This home is situated on a corner lot just a short distance to the local grocery store. Interior features include2 bedrooms, a nice open living room and dining room. Also, a bonus room off the front of the living room that could be used as a den, office space or even family room. This home has been freshly painted on the interior, and recently installed carpet. just off the screened room is a one car garage that houses the washer and dryer. This home is just minutes from the Advent Hospital in Zephyrhills, Florida Medical Clinic, and much more. Come check out the pet friendly park and see if this home is the right one for you.

Key facts

• Screened porch
• Corner lot
• Secure storage

Tags

• CORNER LOT
• OPEN INVITING FLOOR PLAN
• SCREENED PORCH
• SECURE STORAGE

Property features AI

Finance

• Other: No lease restrictions indicated
• HOA & community: Senior community; Cats and dogs allowed

Exterior

• Parking: Driveway; Attached garage (1 space)
• Utilities: Public water; Septic tank sewer; Electricity connected; Cable available
• Home design: Manufactured double-wide home; Single-story; Faces east; Completed condition
• Construction: Vinyl siding; Roof over; Crawlspace foundation; Built as a manufactured home
• Exterior features: Screened side porch; Storage; Corner lot; Asphalt road access

Interior

• Kitchen: Range; Range hood
• Bedrooms: 2 bedrooms
• Flooring: Carpet
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry room (outside)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $241 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).

Location & tenants

• Location reads 61/100 on livability (#787 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, 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.
• Market conditions: Rents falling (-3.6%/yr); 294 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 36% of the median local income ($49k/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 $967 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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 20y 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 $95k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $139,900

Questions for the listing agent

1. Built in 1978 — 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 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?
4. 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?
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: 1.07% ✓
• Cap rate: 8.36%
• Cash-on-cash: 7.39%
• DSCR: 1.33
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $122,688
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
39115 Ola Ave	0.11mi	2/2.0 (-1)	960 (+11%)	1mo	$120,000	$125	71
39033 Flora Ave	0.19mi	2/1.0 (-1)	903 (+4%)	7mo	$85,000	$94	69
39047 Hillcrest Dr	0.32mi	2/2.0 (-1)	896 (+4%)	8mo	$100,000	$112	68
39239 Longview Ave	0.09mi	2/1.0 (-1)	756 (-12%)	1mo	$127,000	$168	65
39053 Flora Ave	0.15mi	2/1.0 (-1)	768 (-11%)	1mo	$142,500	$186	64
39153 Hillcrest Dr	0.29mi	2/1.5 (-1)	932 (+8%)	5mo	$70,000	$75	63
6246 Midland St	0.41mi	3/2.0	960 (+11%)	4mo	$101,000	$105	59
38541 Windflower Ave	0.68mi	2/1.0 (-1)	825 (-4%)	4mo	$65,000	$79	49
39519 Rockford Ave	0.72mi	2/1.5 (-1)	844 (-2%)	11mo	$120,000	$142	46
38700 Granger Ln	0.55mi	2/2.0 (-1)	960 (+11%)	11mo	$150,000	$156	41
38732 Vulcan Cir	0.59mi	2/2.0 (-1)	966 (+12%)	12mo	$137,900	$143	38
38721 Granger Ln	0.52mi	2/2.0 (-1)	736 (-15%)	11mo	$145,000	$197	37

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: -8.4%
• Equity multiple: 0.70×
• Total profit: $-11,672
• Equity at exit: $20,860

10-year hold

• IRR: -3.2%
• Equity multiple: 0.81×
• Total profit: $-7,265
• Equity at exit: $12,096

Cash invested: $39,172 (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 33542

• Home prices YoY: -20.6%
• Rents YoY: -3.6%
• Active inventory: 294
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,493 high
• Mortgage (P&I): −$734
• Tax from tax record: −$146 /mo · $1,755/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $241

Break-even live

Break-even rent $1,188

Max offer price $139,900

Occupancy floor 79%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39132 County Rd Zephyrhills, FL	2.0	2.0	864	$1,500	$1.74	24d	1	0.17mi
39132 County Road 54 #2184 Zephyrhills, FL	2.0	2.0	864	$1,500	$1.74	24d	1	0.17mi
38748 Calumet Ave Zephyrhills, FL	2.0	1.0	750	$1,100	$1.47	4d	1	0.49mi
38939 North Ave Unit 2 Zephyrhills, FL	2.0	1.0	870	$1,300	$1.49	17d	1	0.62mi
38647 Rose Ln Zephyrhills, FL	2.0	1.0	814	$1,350	$1.66	24d	1	0.75mi
38485 County Road 54 Zephyrhills, FL	2.0	1.0	800	$1,100	$1.38	24d	1	0.76mi
6788 Basswood Cir Zephyrhills, FL	2.0	2.0	1067	$1,250	$1.17	24d	1	0.78mi
38350 Ironwood Pl #5 Zephyrhills, FL	2.0	2.0	1094	$1,800	$1.65	24d	1	0.89mi
38942 9th Ave Zephyrhills, FL	2.0	1.0	850	$1,425	$1.68	24d	1	0.91mi
5647 20th St Zephyrhills, FL	2.0	1.0	850	$1,425	$1.68	24d	1	0.92mi
5652 18th St Zephyrhills, FL	2.0	1.0	976	$1,200	$1.23	24d	1	0.94mi
6052 10th St Zephyrhills, FL	2.0	1.0	644	$1,200	$1.86	24d	1	0.96mi
5532 Jennie St Zephyrhills, FL	2.0	2.0	862	$1,100	$1.28	12d	1	1.01mi
5548 Annette St Zephyrhills, FL	2.0	1.0	652	$1,049	$1.61	12d	1	1.01mi
5603 Eugene Dr Zephyrhills, FL	2.0	1.0	652	$1,049	$1.61	12d	1	1.02mi
5600 Jennie St Zephyrhills, FL	2.0	2.0	730	$1,100	$1.51	24d	1	1.02mi
5542 20th St Unit 1234473P Zephyrhills, FL	2.0	2.0	839	$3,199	$3.81	3d	1	1.03mi
5532 20th St Unit 1234470P Zephyrhills, FL	2.0	2.0	839	$7,185	$8.56	2d	1	1.04mi
5552 Annette St Zephyrhills, FL	2.0	1.0	652	$1,049	$1.61	24d	1	1.05mi
38552 9th Ave Zephyrhills, FL	4.0	2.0	1052	$2,100	$2.00	20d	1	1.14mi
37814 Daughtery Rd Zephyrhills, FL	2.0	1.0	1070	$1,395	$1.30	4d	1	1.46mi
37732 Cecil Ln Zephyrhills, FL	3.0	1.0	1040	$1,800	$1.73	24d	1	1.50mi

Listing history 6 events

1. 2026-06-18
   days on market $139,900 Active 7 DOM
2. 2026-06-17
   days on market $139,900 Active 6 DOM
3. 2026-06-16
   days on market $139,900 Active 5 DOM
4. 2026-06-15
   days on market $139,900 Active 4 DOM
5. 2026-06-13
   remarks 615-char remark
6. 2026-06-13
   listed $139,900 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: $1,755 · $146/mo
• Projected year-2 tax: $1,755 · $146/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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: $17,917
• − Mortgage interest: −$7,837
• − Property taxes: −$1,755
• − Insurance: −$700
• − Repairs & maintenance: −$1,433
• − Management: −$1,433
• − Depreciation: −$4,070
• Taxable income: $689
• Est. tax owed @ 24.0%: −$165
• After-tax cash flow: $2,730/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 — Zephyrhills North

• Score: 61/100
• State rank: #787
• US rank: #18026

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Zephyrhills North, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 23,612
• Household income: $49,316
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 831.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 17% Two or more races 8% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 3% Romanian 2% Iranian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 12% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -81.25%
• Current HPI: 313.3993
• Rent YoY: ▼ -3.56%
• 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

+299.7% since first listed

12 events — show timeline

• 2026-06-11 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2022-07-01 Sold (Public Records) $95,000 Public Records
• 2022-06-14 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-10 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2018-04-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-03-22 Price Changed $55,900 Stellar MLS as Distributed by MLS Grid
• 2018-01-13 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2007-08-28 Sold (Public Records) $45,000 Public Records
• 2007-08-28 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
• 2006-08-03 Listed $58,000 Stellar MLS as Distributed by MLS Grid
• 1992-12-23 Sold (Public Records) $35,000 Public Records

Property tax history

+8.2%/yr

Latest (2025): $1,755 · -0.3% YoY. Source: county tax records.