4739 Silver Cir · Zephyrhills, FL 33541

$170,000

2 bd · 1.0 ba · 952 sqft · SingleFamily public records · 154 Days on market

Built 1993 2,159 sqft lot Est $212k · 20% under $130/mo HOA · 9% of rent

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Why this score? — see what drove the C- 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
• Cash flow +14.7/30.0
• DSCR +4.5/10.0
• Schools +4.3/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

Key facts

• End unit
• Large walk-in pantry
• Screen front porch

Tags

• END UNIT
• LARGE WALK-IN PANTRY
• SCREEN FRONT PORCH
• DIRECT ACCESS TO THE POOL

Property features AI

Finance

• Other: No home warranty; No lease restrictions
• Financial info: Total monthly fees $130; total annual fees $1,560
• HOA & community: HOA (Ameritech) with monthly fee of $130; HOA covers pool and private road; Community pool; Deed restrictions; Street lights; Pets allowed (cats and dogs)

Exterior

• Parking: Driveway
• Security: Security system; Smoke detectors
• Utilities: Public water; Public sewer; Cable connected
• Home design: Attached villa; One story; East-facing; Completed condition; Homestead exempt
• Construction: Block construction; Shingle roof; Slab foundation; Built on a corner, paved lot
• Exterior features: Covered screened front porch; Storage; Other exterior features

Interior

• Kitchen: Dishwasher; Disposal; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Blinds; Thermal windows; Attic
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry closet; In-kitchen laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $43 ($513/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $150k (11.7% below list).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 3.7% in Zephyrhills — 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 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: Chester W. Taylor Jr. Elementary School (math 33% / reading 37%, grade F, #1,697 of 2,144 statewide, top 80%, 654 students, 77% 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 75% FRL vs 48% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 34% at this address vs 51% district-wide (-17 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); 862 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 32% 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 $1k of loan paydown is wiped out by about $5k 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

• It's been on market 154 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $22k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $100k; list at $170k implies a 70% gain — meaningful room to come down on a strong offer.

Recommended offer $149,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 12% 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. 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: 0.88% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.08%
• DSCR: 1.05
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $212,296
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37530 Ferris Ave	0.34mi	3/1.0 (+1)	960 (+1%)	5mo	$215,000	$224	74
4715 Larch Dr	0.17mi	3/1.0 (+1)	1,004 (+6%)	8mo	$225,000	$224	72
4760 Silver Cir	0.04mi	2/2.0	1,034 (+9%)	13mo	$235,000	$227	69
4772 Silver Cir	0.07mi	2/2.0	1,034 (+9%)	12mo	$230,400	$223	68
4753 Silver Cir	0.03mi	2/2.0	1,034 (+9%)	19mo	$210,000	$203	64
4905 Court St	0.17mi	2/2.0	1,072 (+13%)	10mo	$167,500	$156	59
5208 Hill Dr	0.46mi	3/2.0 (+1)	1,045 (+10%)	3mo	$238,000	$228	51
38247 3rd Ave	0.72mi	2/1.5	1,044 (+10%)	1mo	$200,000	$192	48
38032 7th Ave	0.62mi	2/1.0	884 (-7%)	16mo	$195,000	$221	45
5306 Vera St	0.70mi	2/2.0	872 (-8%)	16mo	$110,000	$126	37
37247 Cora Ave	0.62mi	2/1.5	840 (-12%)	16mo	$93,000	$111	36
5149 4th St	0.70mi	3/2.0 (+1)	1,056 (+11%)	12mo	$290,000	$275	30

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: -17.9%
• Equity multiple: 0.39×
• Total profit: $-29,222
• Equity at exit: $25,348

10-year hold

• IRR: -17.1%
• Equity multiple: 0.18×
• Total profit: $-38,927
• Equity at exit: $14,698

Cash invested: $47,600 (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 →

ZIP-level market 33541

• Home prices YoY: -15.2%
• Rents YoY: -2.5%
• Active inventory: 862
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$891
• Tax from tax record: −$50 /mo · $605/yr
• Insurance: −$71
• HOA: −$130
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $43

Break-even live

Break-even rent $1,447

Max offer price $170,000

Occupancy floor 92%

Sensitivity live

Price	-10% $139	-5% $91	+0% $43	+5% $-5	+10% $-54
Rent	-10% $-76	-5% $-17	+0% $43	+5% $102	+10% $161
Rate	-1.0pp $128	-0.5pp $86	base $43	+0.5pp $-1	+1.0pp $-46

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4639 Coral St Zephyrhills, FL	2.0	2.0	1056	$1,250	$1.18	26d	1	0.26mi
4812 Coral St Zephyrhills, FL	1.0	1.0	856	$1,200	$1.40	21d	1	0.27mi
37819 Alissa Dr Zephyrhills, FL	2.0	2.0	864	$1,450	$1.68	19d	1	0.30mi
4833 Royal Palm Dr Zephyrhills, FL	2.0	1.0	672	$1,090	$1.62	26d	1	0.30mi
37925 Date Palm Dr Zephyrhills, FL	3.0	1.5	720	$1,300	$1.81	26d	1	0.37mi
37902 7th Ave Zephyrhills, FL	3.0	1.0	900	$1,775	$1.97	26d	1	0.46mi
5237 1st St Zephyrhills, FL	3.0	1.0	964	$1,700	$1.76	26d	1	0.59mi
4940 4th St Zephyrhills, FL	2.0	2.0	900	$1,350	$1.50	26d	1	0.70mi
5022 5th St Zephyrhills, FL	2.0	1.5	974	$1,595	$1.64	26d	1	0.76mi
4412 Plum St Zephyrhills, FL	1.0	1.0	624	$1,100	$1.76	26d	1	0.77mi
4410 Plum St Zephyrhills, FL	1.0	1.0	624	$1,100	$1.76	26d	1	0.77mi
5168 Crooked Ln Zephyrhills, FL	2.0	1.0	600	$1,645	$2.74	23d	1	0.80mi
38236 Fir Ave Zephyrhills, FL	2.0	1.0	950	$1,350	$1.42	26d	1	0.82mi
5150 6th St Zephyrhills, FL	1.0	1.0	600	$925	$1.54	26d	1	0.82mi
5521 Barbara St Zephyrhills, FL	2.0	2.0	1056	$1,800	$1.70	26d	1	0.83mi
5611 1st St Zephyrhills, FL	1.0	1.0	600	$1,095	$1.82	18d	1	0.88mi
5441 6th St Zephyrhills, FL	2.0	1.0	1014	$1,650	$1.63	26d	1	0.88mi
5208 7th St Zephyrhills, FL	1.0	1.0	550	$1,100	$2.00	0d	1	0.94mi
5214 7th St Zephyrhills, FL	1.0	1.0	550	$1,100	$2.00	18d	1	0.94mi
5214 7th St Zephyrhills, FL	1.0	1.0	550	$950	$1.73	6d	1	0.94mi
5206 7th St Zephyrhills, FL	1.0	1.0	550	$1,100	$2.00	0d	1	0.95mi
37812 15th Ave Zephyrhills, FL	2.0	2.0	1000	$1,850	$1.85	26d	1	1.00mi
38010 14th Ave Apt 3 Zephyrhills, FL	1.0	1.0	537	$1,195	$2.23	26d	1	1.02mi
38031 Meyer Ave Zephyrhills, FL	3.0	2.0	1000	$1,175	$1.18	26d	1	1.07mi
38702 South Ave Zephyrhills, FL	2.0	1.0	800	$1,600	$2.00	26d	1	1.08mi
5028 16th St Zephyrhills, FL	2.0	2.0	1092	$1,545	$1.41	1d	1	1.16mi
36801 Camelia Ct Zephyrhills, FL	2.0	2.0	864	$1,350	$1.56	26d	1	1.17mi
5217 17th St Zephyrhills, FL	1.0	1.0	540	$1,050	$1.94	26d	1	1.25mi
4845 20th St Zephyrhills, FL	2.0	1.0	752	$1,350	$1.80	26d	1	1.36mi
4738 20th St Zephyrhills, FL	2.0	1.0	810	$1,400	$1.73	26d	1	1.38mi
4808 20th St Zephyrhills, FL	2.0	1.0	702	$1,295	$1.84	12d	1	1.38mi
39014 South Ave Zephyrhills, FL	2.0	1.0	840	$1,395	$1.66	6d	1	1.41mi
39014 South Ave Zephyrhills, FL	2.0	1.0	840	$1,395	$1.66	1d	1	1.41mi

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: waterpool

Listing history 28 events

1. 2026-06-18
   days on market $170,000 Active 154 DOM
2. 2026-06-17
   days on market $170,000 Active 153 DOM
3. 2026-06-16
   days on market $170,000 Active 152 DOM
4. 2026-06-15
   days on market $170,000 Active 151 DOM
5. 2026-06-13
   days on market $170,000 Active 149 DOM
6. 2026-06-09
   days on market $170,000 Active 145 DOM
7. 2026-06-08
   days on market $170,000 Active 144 DOM
8. 2026-06-07
   days on market $170,000 Active 143 DOM
9. 2026-06-04
   days on market $170,000 Active 140 DOM
10. 2026-06-03
    days on market $170,000 Active 139 DOM
11. 2026-06-02
    days on market $170,000 Active 138 DOM
12. 2026-06-01
    days on market $170,000 Active 137 DOM
13. 2026-05-31
    days on market $170,000 Active 136 DOM
14. 2026-03-23
    price $170,000
15. 2026-01-15
    listed $192,500 Active
16. 2022-12-30
    historical
17. 2022-05-05
    listed $180,000 Active
18. 2018-10-24
    soldstatus $100,000
19. 2018-10-19
    soldstatus $100,000 Sold 350-char remark

    Show marketing remark (350 chars)

    Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

20. 2018-09-20
    status Pending 350-char remark

    Show marketing remark (350 chars)

    Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

21. 2018-09-08
    price $109,900 350-char remark

    Show marketing remark (350 chars)

    Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

22. 2018-08-01
    price $114,900 350-char remark

    Show marketing remark (350 chars)

    Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

23. 2018-06-23
    listed $119,990 Active 350-char remark

    Show marketing remark (350 chars)

    Move in ready 2 Bedroon 2 Bath end unit with a new roof, new air unit, water heater and fresh paint and carpet, Laminate in Living room, Screened front patio Unit adjoins the Community pool. Walk out your screen door directly to the pool. Sold as is. Room sizes are Appx. Cash requires proof of funds and financed offers require pre approval letter.

24. 2005-11-07
    soldstatus $95,000
25. 2005-10-31
    soldstatus $95,000
26. 2005-08-24
    soldstatus $70,000
27. 2005-08-15
    listed $99,900
28. 2002-10-21
    soldstatus $98,900

ⓘ 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: $605 · $50/mo
• Projected year-2 tax: $1,411 · $118/mo
• Expected delta: +$806/yr (+$67/mo · 133.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $18,007
• − Mortgage interest: −$9,523
• − Property taxes: −$605
• − Insurance: −$850
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − HOA: −$1,560
• − Depreciation: −$4,945
• Taxable loss: −$2,357
• Est. tax savings @ 24.0%: +$566
• After-tax cash flow: $1,078/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

• 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 · 524,098 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: 393.0

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 (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%
• Common ancestry: Lithuanian 4% Romanian 3% Serbian 3%
• Foreign-born: 9% · Canada, Vietnam
• 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: —

Market trends

• HPI YoY: ▼ -55.21%
• Current HPI: 308.0619
• Rent YoY: ▼ -2.51%
• 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

+71.9% since first listed

15 events — show timeline

• 2026-03-23 Price Changed $170,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-15 Listed $192,500 Stellar MLS as Distributed by MLS Grid
• 2022-12-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-05-05 Listed $180,000 Stellar MLS as Distributed by MLS Grid
• 2018-10-24 Sold (Public Records) $100,000 Public Records
• 2018-10-19 Sold (MLS) $100,000 Stellar MLS as Distributed by MLS Grid
• 2018-09-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-09-08 Price Changed $109,900 Stellar MLS as Distributed by MLS Grid
• 2018-08-01 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2018-06-23 Listed $119,990 Stellar MLS as Distributed by MLS Grid
• 2005-11-07 Sold (Public Records) $95,000 Public Records
• 2005-10-31 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2005-08-24 Sold (Public Records) $70,000 Public Records
• 2005-08-15 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2002-10-21 Sold (Public Records) $98,900 Public Records

Property tax history

-0.4%/yr

Latest (2018): $605 · -0.3% YoY. Source: county tax records.