4853 Bartelt Rd · Holiday, FL 34690

$150,000

2 bd · 1.0 ba · 816 sqft · SingleFamily public records · 4 Days on market

Built 1962 6,098 sqft lot Est $191k · 21% under

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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).

• Cash flow +19.8/30.0
• ARV discount +15.0/15.0
• DSCR +6.3/10.0
• 1% rule +5.1/10.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Fixer-upper opportunity in Holiday! Located at 4853 Bartelt Road, this block home sits on a 0.14-acre lot and features 2 bedrooms, 1 full bathroom, and a one-car garage. With solid bones and plenty of potential, this property is ready to bring your renovation vision to life. Conveniently located near shopping, dining, and Gulf Coast beaches. Cash offers only.

Key facts

• Near dining
• Near shopping
• 0.14-acre lot

Tags

• 0.14-ACRE LOT
• NEAR SHOPPING
• NEAR DINING
• NEAR GULF COAST BEACHES

Property features AI

Finance

• Other: Furnished: Partially

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family residence; One story; Faces south
• Construction: Block construction; Shingle roof; Slab foundation; Built on lot of about 0.14 acre
• Exterior features: Private mailbox; Sidewalk; Paved road access

Interior

• Kitchen: No appliances listed
• Bedrooms: 2 bedrooms
• Flooring: Terrazzo flooring; Tile flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 7.7% vs local median 4.5% in Holiday — 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 66/100 on livability (#623 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B; Watch: crime D+, 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: Sunray Elementary School (math 27% / reading 27%, grade F, #1,969 of 2,144 statewide, top 94%, 382 students, 92% FRL); Paul R. Smith Middle School (math 32% / reading 38%, grade F, #416 of 571 statewide, top 74%, 994 students, 82% FRL); Anclote High School (math 28% / reading 38%, grade F, #406 of 667 statewide, top 61%, 1,205 students, 77% FRL) — zoned schools average 84% FRL vs 48% district-wide (35 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); 134 active listings in the ZIP; 40 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 37% 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 $1k 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 4 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $20k; list at $150k implies a 661% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1962 — 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 D-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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.01% ✓
• Cap rate: 7.73%
• Cash-on-cash: 5.13%
• DSCR: 1.23
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $190,944
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4853 Bartelt Rd	0.00mi	2/1.0	813 (-0%)	0mo	$90,000	$111	99
1548 Landau St	0.27mi	2/1.0	864 (+6%)	2mo	$202,000	$234	76
4914 Panorama Ave	0.35mi	2/1.0	864 (+6%)	8mo	$134,500	$156	68
4223 Kibler Ln	0.67mi	2/1.0	816 (0%)	7mo	$177,000	$217	63
4932 Gaslight Ave	0.51mi	2/2.0	816 (0%)	12mo	$220,000	$270	62
2036 Melody Dr	0.62mi	2/1.0	816 (0%)	12mo	$199,900	$245	61
1249 Honor Dr	0.59mi	2/2.0	816 (0%)	12mo	$230,000	$282	58
4848 Colonnade Ave	0.74mi	2/1.0	831 (+2%)	5mo	$184,000	$221	58
4706 Darlington Rd	0.69mi	2/2.0	816 (0%)	8mo	$195,000	$239	57
4822 Panorama Ave	0.35mi	2/2.0	936 (+15%)	4mo	$230,000	$246	52
1652 Debonair Dr	0.46mi	2/1.0	936 (+15%)	6mo	$218,000	$233	49
4934 Vision Ave	0.47mi	2/1.0	930 (+14%)	7mo	$210,000	$226	49

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: -11.7%
• Equity multiple: 0.59×
• Total profit: $-17,308
• Equity at exit: $22,365

10-year hold

• IRR: -7.6%
• Equity multiple: 0.58×
• Total profit: $-17,516
• Equity at exit: $12,969

Cash invested: $42,000 (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 34690

• Home prices YoY: -22.4%
• Rents YoY: -2.5%
• Active inventory: 134
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,522 high
• Mortgage (P&I): −$787
• Tax from tax record: −$174 /mo · $2,087/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $180

Break-even live

Break-even rent $1,295

Max offer price $150,000

Occupancy floor 83%

Sensitivity live

Price	-10% $265	-5% $222	+0% $180	+5% $137	+10% $95
Rent	-10% $59	-5% $120	+0% $180	+5% $240	+10% $300
Rate	-1.0pp $255	-0.5pp $218	base $180	+0.5pp $141	+1.0pp $101

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1552 Alert St Holiday, FL	3.0	1.0	956	$2,100	$2.20	6d	1	0.23mi
2122 Ranchita Trl Holiday, FL	2.0	1.0	648	$1,399	$2.16	25d	1	0.43mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,195	$1.69	0d	1	0.47mi
5409 Oceanic Rd Holiday, FL	1.0	1.0	624	$1,225	$1.96	25d	1	0.50mi
5419 Oceanic Rd Holiday, FL	1.0	1.0	624	$1,200	$1.92	14d	1	0.51mi
5338 Nancy Ln Holiday, FL	2.0	1.0	864	$1,430	$1.66	25d	1	0.52mi
4823 Longwood Ave Holiday, FL	3.0	1.0	1122	$1,800	$1.60	6d	1	0.54mi
4836 Flora Ave Holiday, FL	2.0	2.0	1113	$1,445	$1.30	25d	1	0.55mi
5441 Oceanic Rd Holiday, FL	1.0	1.0	600	$1,100	$1.83	25d	1	0.56mi
1130 Powersong St Holiday, FL	2.0	1.0	864	$1,800	$2.08	16d	1	0.65mi
1130 Powersong St Holiday, FL	2.0	1.0	864	$1,800	$2.08	25d	1	0.65mi
2509 Sweetwood Dr Holiday, FL	2.0	1.0	988	$1,650	$1.67	19d	1	0.73mi
2132 Kepner Dr Holiday, FL	2.0	1.0	920	$1,295	$1.41	22d	1	0.73mi
5603 Cheyenne Dr Holiday, FL	1.0	1.0	525	$1,100	$2.10	25d	1	0.74mi
4313 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.5	825	$1,300	$1.58	16d	1	0.74mi
5633 Golden Nugget Dr Holiday, FL	1.0	1.0	600	$1,175	$1.96	25d	1	0.76mi
2552 Chancery Dr Holiday, FL	2.0	1.0	816	$1,595	$1.95	25d	1	0.81mi
5709 Silver Spur Dr Holiday, FL	1.0	1.0	727	$1,095	$1.51	16d	1	0.83mi
5709 Silver Spur Dr Holiday, FL	1.0	1.0	727	$1,095	$1.51	0d	1	0.83mi
4318 Tahitian Gardens Cir Unit B Holiday, FL	1.0	1.0	576	$1,200	$2.08	25d	1	0.83mi
2610 Templewood Dr Holiday, FL	3.0	1.0	1056	$1,800	$1.70	6d	1	0.84mi
2051 Pleasure Dr Holiday, FL	2.0	1.0	720	$1,200	$1.67	25d	1	0.84mi
1551 Swordbill Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	13d	1	0.84mi
1551 Swordbill Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	25d	1	0.84mi
5723 Silver Spur Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	25d	1	0.85mi
1525 Swordbill Dr Holiday, FL	1.0	1.0	700	$1,090	$1.56	22d	1	0.86mi
1525 Swordbill Dr Holiday, FL	1.0	1.0	700	$1,090	$1.56	0d	1	0.86mi
4358 Tahitian Gardens Cir Unit G Holiday, FL	1.0	1.0	600	$1,350	$2.25	25d	1	0.86mi
4358 Tahitian Gardens Cir Holiday, FL	1.0	1.0	600	$1,350	$2.25	16d	1	0.86mi
4354 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	825	$1,500	$1.82	25d	1	0.87mi
4356 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,350	$1.64	25d	1	0.87mi
4326 Tahitian Gardens Cir Unit 14E Holiday, FL	2.0	1.5	768	$2,000	$2.60	25d	1	0.87mi
4334 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	768	$1,450	$1.89	25d	1	0.88mi
4723 Aegean Ave Holiday, FL	2.0	1.0	1000	$1,636	$1.64	6d	1	0.90mi
4365 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,300	$1.58	0d	1	0.93mi
4337 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	768	$1,500	$1.95	25d	1	0.93mi
4351 Tahitian Gardens Cir Holiday, FL	2.0	1.0	825	$1,150	$1.39	25d	1	0.97mi
5913 Appletree Rd Holiday, FL	3.0	1.0	1028	$2,300	$2.24	19d	1	1.07mi
4205 Jordana Way Holiday, FL	1.0–3.0	1.0–2.0	1027	$1,404	$1.37	4d	13	1.18mi
4348 Plaza Dr Holiday, FL	1.0–2.0	1.0–2.0	860	$1,499	$1.74	0d	7	1.20mi

Listing history 3 events

1. 2026-05-21
   listed $150,000 Active
2. 1995-09-08
   soldstatus $19,700
3. 1995-09-08
   soldstatus $28,000

ⓘ 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: $2,087 · $174/mo
• Projected year-2 tax: $2,087 · $174/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 4/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 29 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

Taxation est. · year 1

• Rental income: $18,270
• − Mortgage interest: −$8,402
• − Property taxes: −$2,087
• − Insurance: −$750
• − Repairs & maintenance: −$1,462
• − Management: −$1,462
• − Depreciation: −$4,364
• Taxable loss: −$257
• Est. tax savings @ 24.0%: +$62
• After-tax cash flow: $2,218/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 — Holiday

• Score: 66/100
• State rank: #623
• US rank: #12124

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Holiday, FL
• County: Pasco County · 524,098 people
• City population: 33,730
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 12,498
• Household income: $49,401
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 625.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 11% Black 5% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 1%
• Foreign-born: 12% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 16% 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: —

Market trends

• HPI YoY: ▼ -91.40%
• Current HPI: 316.5846
• Rent YoY: ▼ -2.49%
• 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

+661.4% since first listed

3 events — show timeline

• 2026-05-21 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 1995-09-08 Sold (Public Records) $28,000 Public Records
• 1995-09-08 Sold (Public Records) $19,700 Public Records

Property tax history

+9.0%/yr

Latest (2025): $2,087 · +5.2% YoY. Source: county tax records.