11129 Pine Tree Ln · Bayonet Point, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 114°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.3/10.0
- Livability +3.5/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$95,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Situated on a spacious 0.41-acre cul-de-sac lot, this inviting 2-bedroom, 1-bath modular home offers a comfortable layout, and flexible living space. A covered front porch with a raised entry deck and accessibility ramp creates an inviting first impression as you arrive. Inside, the living room immediately opens with luxury vinyl flooring flowing throughout the main living areas, complemented by built-in shelving, front yard views, wood panel detailing along the lower walls, and ornamental wood corner accents and custom trim details that add warmth and character to the space. Further inside, the dining area continues the same flooring and is highlighted by a floor-to-ceiling window overlooking the backyard, while vaulted ceilings enhance the openness and natural light throughout the home. Nearby, the kitchen offers a practical and inviting layout with solid surface countertops, tiled walls, a dual sink positioned beneath a large window, ample built-in shelving, and a spacious walk-in pantry that provides excellent storage. Positioned to the right of the living room, the primary bedroom continues the same flooring and includes lots of space and a private en-suite bathroom featuring tile flooring, a pedestal vanity, multiple windows, and a walk-in shower. On the opposite side of the home, there is a second bedroom that is surrounded by abundant floor-to-ceiling windows that create a bright and airy atmosphere filled with natural light and relaxing outdoor views. Adding even more versatility to the property, an additional unpermitted block home is located on-site and can be used for storage, along with a separate shed that provides even more space for equipment, tools, or outdoor items. Located in Port Richey, this property is near Werner-Boyce Salt Springs State Park, where scenic coastal trails, kayaking routes, and natural springs provide opportunities for outdoor exploration; SunWest Park, featuring a freshwater lagoon, sandy beach areas, and water recreation; and Hudson Beach, known for its waterfront sunsets and relaxing Gulf views, creating a lifestyle that blends flexibility, comfort, and easy access to Florida's outdoor attractions.
Key facts
- Cul-de-sac lot
- Covered front porch
- Vaulted ceilings
Tags
Property features AI
Finance
- Other: Homestead exempt; Zoning: RMH; Lot size approximately 0.41 acres (about 1/4 to less than 1/2 acre); Living area about 1,152 sq ft; Number of rooms: 3; Number of septics: 1; Directions: From US-19 & Ridge Rd go east on Ridge Rd, then left onto Pine Tree Ln; property on the right
- HOA & community: No association; Pets allowed
Exterior
- Parking: Driveway
- Security: Security gate
- Utilities: Public water; Septic tank; Broadband/high-speed internet available; Cable available; Electricity available; Phone available
- Home design: Residential modular home; One story; Faces south; Completed condition; Foundation: Other
- Construction: Metal siding; Metal roof; Built with other construction materials
- Exterior features: Covered front porch; Wood fencing; Shed(s); Other outbuilding(s); Cleared, landscaped yard with fruit and oak trees; Private lot on a cul-de-sac and dead-end street; Paved asphalt road, public maintained
Interior
- Kitchen: Range; Refrigerator; Water purifier
- Bedrooms: 2 bedrooms
- Flooring: Tile
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating; Central air
- Interior features: Ceiling fans; Solid surface counters; Drapes
- Laundry & utility: Washer hookup; Washer (appliance present)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath manufactured listed at $95k.
Deal economics
- At list price, monthly cash flow is $228 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $95k).
- Recommended offer: $94k (1.5% below list) — sets the bar for market timing.
- Cap rate 14.6% vs local median 5.3% in Bayonet Point — 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 69/100 on livability (#485 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, amenities D+, 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: Gulf Highlands Elementary School (math 29% / reading 32%, grade F, #1,862 of 2,144 statewide, top 88%, 714 students, 89% FRL); Fivay High School (math 20% / reading 28%, grade F, #529 of 667 statewide, top 80%, 1,610 students, 78% 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 27% at this address vs 51% district-wide (-24 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+1.3%/yr); 577 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k 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 22 days — a 2% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 11y 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 $24k; list at $95k implies a 288% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.61% ✓
- Cap rate
- 14.56%
- Cash-on-cash
- 29.53%
- DSCR
- 2.31
- GRM
- 5.2
CMA / ARV
- ARV (on-the-fly)
- $65,664
- Comps found
- 5
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6530 Republic Dr | 0.40mi | 2/2.0 (+1) | 1,180 (+2%) | 5mo | $27,000 | $23 | 68 |
| 6528 Roosevelt Dr | 0.50mi | 2/2.0 (+1) | 1,232 (+7%) | 1mo | $110,000 | $89 | 59 |
| 6527 Eleanor Dr | 0.37mi | 2/2.0 (+1) | 1,032 (-10%) | 10mo | $59,000 | $57 | 52 |
| 7200 Johnson Rd | 0.47mi | 2/2.0 (+1) | 1,080 (-6%) | 17mo | $148,000 | $137 | 48 |
| 10819 Union Dr | 0.41mi | 2/2.0 (+1) | 1,292 (+12%) | 14mo | $39,000 | $30 | 44 |
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 · 1.28% rent growth · sell at horizon
- IRR
- -3.3%
- Equity multiple
- 0.88×
- Total profit
- $-3,258
- Equity at exit
- $14,165
- IRR
- 3.7%
- Equity multiple
- 1.24×
- Total profit
- $6,427
- Equity at exit
- $8,214
Cash invested: $26,600 (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
ZIP-level market 34668
- Home prices YoY
- -17.4%
- Rents YoY
- 1.3%
- Active inventory
- 577
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $1,534 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax from tax record
- −$20 /mo · $236/yr
- Insurance
- −$40
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$322
- Net cashflow
- $228
Break-even live
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
- $23,750
- Closing costs
- $2,850
- 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 37 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6731 Sandra Dr Port Richey, FL | 2.0 | 1.0 | 816 | $1,575 | $1.93 | 24d | 1 | 0.18mi |
| 10825 Scenic Dr Port Richey, FL | 2.0 | 1.5 | 1140 | $1,450 | $1.27 | 11d | 1 | 0.29mi |
| 7213 Seward Dr Port Richey, FL | 2.0 | 1.0 | 700 | $1,500 | $2.14 | 24d | 1 | 0.34mi |
| 11430 Rohrman Rd Port Richey, FL | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 5d | 1 | 0.39mi |
| 7202 Palisade Dr Port Richey, FL | 2.0 | 2.0 | 1310 | $1,100 | $0.84 | 24d | 1 | 0.40mi |
| 11103 Harding Dr Unit 2 Port Richey, FL | 2.0 | 1.0 | 760 | $1,450 | $1.91 | 20d | 1 | 0.45mi |
| 7520 Hawthorn Dr Port Richey, FL | 2.0 | 2.0 | 1303 | $1,800 | $1.38 | 24d | 1 | 0.70mi |
| 7520 Hawthorn Dr Unit NA Port Richey, FL | 2.0 | 2.0 | 1303 | $1,900 | $1.46 | 24d | 1 | 0.70mi |
| 7438 Coventry Dr Port Richey, FL | 2.0 | 1.0 | 985 | $1,600 | $1.62 | 12d | 1 | 0.72mi |
| 7530 Judith Cres Port Richey, FL | 2.0 | 2.0 | 1446 | $2,200 | $1.52 | 24d | 1 | 0.76mi |
| 7530 Judith Cres Port Richey, FL | 2.0 | 2.0 | 1446 | $1,695 | $1.17 | 20d | 1 | 0.76mi |
| 7539 Gulf Highlands Dr Port Richey, FL | 2.0 | 1.5 | 936 | $1,550 | $1.66 | 5d | 1 | 0.86mi |
| 7715 Sue Ellen Dr Port Richey, FL | 2.0 | 2.0 | 1080 | $1,495 | $1.38 | 4d | 1 | 0.96mi |
| 10401 Oleander Dr Port Richey, FL | 2.0 | 1.0 | 887 | $1,250 | $1.41 | 24d | 1 | 0.98mi |
| 10801 Oldham Rd Port Richey, FL | 2.0 | 2.0 | 1182 | $1,500 | $1.27 | 2d | 1 | 1.04mi |
| 11610 Meadow Dr Port Richey, FL | 2.0 | 2.0 | 1128 | $1,570 | $1.39 | 12d | 1 | 1.12mi |
| 10802 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1002 | $1,545 | $1.54 | 24d | 1 | 1.16mi |
| 7839 Canna Dr Port Richey, FL | 2.0 | 2.0 | 1095 | $1,450 | $1.32 | 11d | 1 | 1.17mi |
| 10632 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1193 | $1,583 | $1.33 | 24d | 1 | 1.19mi |
| 8024 Las Cruces Ct Port Richey, FL | 2.0 | 2.0 | 1371 | $1,900 | $1.39 | 24d | 1 | 1.21mi |
| 12027 Hoosier Ct #203 Hudson, FL | 2.0 | 2.0 | 1103 | $1,550 | $1.41 | 24d | 1 | 1.23mi |
| 7040 Brentwood Dr Unit NA Port Richey, FL | 2.0 | 1.0 | 880 | $1,600 | $1.82 | 20d | 1 | 1.27mi |
| 10502 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1002 | $1,545 | $1.54 | 24d | 1 | 1.27mi |
| 12041 Hoosier Ct #204 Hudson, FL | 2.0 | 2.0 | 1103 | $1,495 | $1.36 | 18d | 1 | 1.27mi |
| 12041 Hoosier Ct #204 Hudson, FL | 2.0 | 2.0 | 1103 | $1,495 | $1.36 | 24d | 1 | 1.27mi |
| 8161 Braddock Cir #1 Port Richey, FL | 2.0 | 2.0 | 1000 | $1,595 | $1.59 | 18d | 1 | 1.31mi |
| 9926 Grace Dr Port Richey, FL | 2.0 | 1.0 | 950 | $1,442 | $1.52 | 20d | 4 | 1.37mi |
| 9919 Aquarius Dr Unit 6 Port Richey, FL | 2.0 | 1.0 | 950 | $1,440 | $1.52 | 24d | 1 | 1.37mi |
| 9981 Eagles Point Cir #4 Port Richey, FL | 2.0 | 2.0 | 1320 | $1,850 | $1.40 | 24d | 1 | 1.38mi |
| 9826 Pocono St Port Richey, FL | 2.0 | 2.0 | 1072 | $1,650 | $1.54 | 24d | 1 | 1.38mi |
| 9911 Aquarius Dr Unit 8 Port Richey, FL | 2.0 | 1.0 | 950 | $1,440 | $1.52 | 24d | 1 | 1.39mi |
| 9901 Aquarius Dr Unit 8 Port Richey, FL | 2.0 | 1.0 | 950 | $1,440 | $1.52 | 24d | 1 | 1.41mi |
| 9900 Grace Dr Port Richey, FL | 2.0 | 1.5 | 950 | $1,763 | $1.86 | 24d | 1 | 1.42mi |
| 9910 Island Harbor Dr Unit A Port Richey, FL | 2.0 | 2.0 | 1498 | $2,500 | $1.67 | 24d | 1 | 1.42mi |
| 7616 Danube Dr Hudson, FL | 2.0 | 2.0 | 1125 | $1,350 | $1.20 | 24d | 1 | 1.44mi |
| 12535 3rd Isle Hudson, FL | 2.0 | 2.0 | 1389 | $2,600 | $1.87 | 24d | 1 | 1.47mi |
| 7602 Danube Dr Unit 7602 Hudson, FL | 2.0 | 2.0 | 1125 | $1,600 | $1.42 | 24d | 1 | 1.48mi |
Listing history 12 events
-
2026-06-07statusdays on market $95,000 Pending 22 DOM
-
2026-06-04days on market $95,000 Active 21 DOM
-
2026-06-03days on market $95,000 Active 20 DOM
-
2026-06-02days on market $95,000 Active 19 DOM
-
2026-06-01days on market $95,000 Active 18 DOM
-
2026-05-31days on market $95,000 Active 17 DOM
-
2026-05-14$95,000 Active
Show marketing remark (2176 chars)
Situated on a spacious 0.41-acre cul-de-sac lot, this inviting 2-bedroom, 1-bath modular home offers a comfortable layout, and flexible living space. A covered front porch with a raised entry deck and accessibility ramp creates an inviting first impression as you arrive. Inside, the living room immediately opens with luxury vinyl flooring flowing throughout the main living areas, complemented by built-in shelving, front yard views, wood panel detailing along the lower walls, and ornamental wood corner accents and custom trim details that add warmth and character to the space. Further inside, the dining area continues the same flooring and is highlighted by a floor-to-ceiling window overlooking the backyard, while vaulted ceilings enhance the openness and natural light throughout the home. Nearby, the kitchen offers a practical and inviting layout with solid surface countertops, tiled walls, a dual sink positioned beneath a large window, ample built-in shelving, and a spacious walk-in pantry that provides excellent storage. Positioned to the right of the living room, the primary bedroom continues the same flooring and includes lots of space and a private en-suite bathroom featuring tile flooring, a pedestal vanity, multiple windows, and a walk-in shower. On the opposite side of the home, there is a second bedroom that is surrounded by abundant floor-to-ceiling windows that create a bright and airy atmosphere filled with natural light and relaxing outdoor views. Adding even more versatility to the property, an additional unpermitted block home is located on-site and can be used for storage, along with a separate shed that provides even more space for equipment, tools, or outdoor items. Located in Port Richey, this property is near Werner-Boyce Salt Springs State Park, where scenic coastal trails, kayaking routes, and natural springs provide opportunities for outdoor exploration; SunWest Park, featuring a freshwater lagoon, sandy beach areas, and water recreation; and Hudson Beach, known for its waterfront sunsets and relaxing Gulf views, creating a lifestyle that blends flexibility, comfort, and easy access to Florida's outdoor attractions.
-
2026-05-14$95,000 Active 2176-char remark
Show marketing remark (2176 chars)
Situated on a spacious 0.41-acre cul-de-sac lot, this inviting 2-bedroom, 1-bath modular home offers a comfortable layout, and flexible living space. A covered front porch with a raised entry deck and accessibility ramp creates an inviting first impression as you arrive. Inside, the living room immediately opens with luxury vinyl flooring flowing throughout the main living areas, complemented by built-in shelving, front yard views, wood panel detailing along the lower walls, and ornamental wood corner accents and custom trim details that add warmth and character to the space. Further inside, the dining area continues the same flooring and is highlighted by a floor-to-ceiling window overlooking the backyard, while vaulted ceilings enhance the openness and natural light throughout the home. Nearby, the kitchen offers a practical and inviting layout with solid surface countertops, tiled walls, a dual sink positioned beneath a large window, ample built-in shelving, and a spacious walk-in pantry that provides excellent storage. Positioned to the right of the living room, the primary bedroom continues the same flooring and includes lots of space and a private en-suite bathroom featuring tile flooring, a pedestal vanity, multiple windows, and a walk-in shower. On the opposite side of the home, there is a second bedroom that is surrounded by abundant floor-to-ceiling windows that create a bright and airy atmosphere filled with natural light and relaxing outdoor views. Adding even more versatility to the property, an additional unpermitted block home is located on-site and can be used for storage, along with a separate shed that provides even more space for equipment, tools, or outdoor items. Located in Port Richey, this property is near Werner-Boyce Salt Springs State Park, where scenic coastal trails, kayaking routes, and natural springs provide opportunities for outdoor exploration; SunWest Park, featuring a freshwater lagoon, sandy beach areas, and water recreation; and Hudson Beach, known for its waterfront sunsets and relaxing Gulf views, creating a lifestyle that blends flexibility, comfort, and easy access to Florida's outdoor attractions.
-
2015-06-01soldstatus $24,500 Sold 387-char remark
Show marketing remark (387 chars)
Fantastic opportunity to own a nice home with a large fenced in yard on almost half an acre. A few minutes away from Werner-Boyce Salt Springs State Park where endless fishing, hiking, kayaking, boating and canoeing await you. Close to public transportation, shopping, restaurants and much more. Priced to sell! Could also be used as a great income producing property. Bring all offers!!
-
2015-05-05status Pending 387-char remark
Show marketing remark (387 chars)
Fantastic opportunity to own a nice home with a large fenced in yard on almost half an acre. A few minutes away from Werner-Boyce Salt Springs State Park where endless fishing, hiking, kayaking, boating and canoeing await you. Close to public transportation, shopping, restaurants and much more. Priced to sell! Could also be used as a great income producing property. Bring all offers!!
-
2015-05-01price $23,990 387-char remark
Show marketing remark (387 chars)
Fantastic opportunity to own a nice home with a large fenced in yard on almost half an acre. A few minutes away from Werner-Boyce Salt Springs State Park where endless fishing, hiking, kayaking, boating and canoeing await you. Close to public transportation, shopping, restaurants and much more. Priced to sell! Could also be used as a great income producing property. Bring all offers!!
-
2015-04-13$29,000 Active 387-char remark
Show marketing remark (387 chars)
Fantastic opportunity to own a nice home with a large fenced in yard on almost half an acre. A few minutes away from Werner-Boyce Salt Springs State Park where endless fishing, hiking, kayaking, boating and canoeing await you. Close to public transportation, shopping, restaurants and much more. Priced to sell! Could also be used as a great income producing property. Bring all offers!!
ⓘ 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
- $236 · $20/mo
- Projected year-2 tax
- $788 · $66/mo
- Expected delta
- +$552/yr (+$46/mo · 233.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 10/10 Extreme 7 d/yr ≥114°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 · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,410
- − Mortgage interest
- −$5,321
- − Property taxes
- −$236
- − Insurance
- −$5,594
- − Repairs & maintenance
- −$1,473
- − Management
- −$1,473
- − Depreciation
- −$2,764
- Taxable income
- $1,550
- Est. tax owed @ 24.0%
- −$372
- After-tax cash flow
- $2,364/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 — Bayonet Point
- Score
- 69/100
- State rank
- #485
- US rank
- #8934
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Pasco County · 524,098 people
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 49,442
- Household income
- $47,401
- Rent vs Own
- Severe rent burden
- 2699.0
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 23% Two or more races 14% Black 4%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 10% Cuban 5% Dominican 1%
- Common ancestry
- Romanian 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 11% · Canada, Jamaica
- Languages at home
- 82% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -75.64%
- Current HPI
- 359.7163
- Rent YoY
- ▲ 1.28%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+227.6% since first listed6 events — show timeline
- 2026-05-14 Listed $95,000 HCAR
- 2026-05-14 Listed $95,000 Stellar MLS as Distributed by MLS Grid
- 2015-06-01 Sold (MLS) $24,500 Stellar MLS as Distributed by MLS Grid
- 2015-05-05 Pending — Stellar MLS as Distributed by MLS Grid
- 2015-05-01 Price Changed $23,990 Stellar MLS as Distributed by MLS Grid
- 2015-04-13 Listed $29,000 Stellar MLS as Distributed by MLS Grid
Property tax history
+6.1%/yrLatest (2025): $236 · +9.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…