3211 Lanark Dr · Elfers, FL 34690

$105,000

2 bd · 2.0 ba · 768 sqft · Manufactured public records · 200 Days on market

Built 1975 4,500 sqft lot Est $104k · at est. $143/mo HOA · 9% of rent

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Why this score? — see what drove the B- 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
• ARV discount +6.9/15.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Price Improvement. Come and enjoy all the activities offered in this well-maintained 55+ Community with a low monthly maintenance fee of $143.00 a month which is includes lawn maintenance, garbage service, maintenance of clubhouse and year-around heated pool. Home features new roof 2025, newer air/heat system, 2 bedrooms, 2 baths, screen lanai, finished and enclosed front porch. Home is unfurnished, No Refrigerator. YOU OWN YOUR OWN LAND! This is an estate property, Sellers have never lived in home, Sellers disclosure is all the knowledge they know. Measurements are approx. Sold As Is. Buyer to verify all information that is deemed to be accurate.

Key facts

• Screen lanai
• New roof
• 4,500 sq ft lot

Tags

• LOW MONTHLY MAINTENANCE FEE
• NEW ROOF
• NEWER AIR HEAT SYSTEM
• SCREEN LANAI
• FINISHED ENCLOSED FRONT PORCH
• YOU OWN YOUR OWN LAND

Property features AI

Finance

• Other: Deeded easement for road; Zoned RMH
• Financial info: Total monthly fees $143; total annual fees $1,716
• HOA & community: Has HOA (Qualified Management); Monthly HOA fee $143 (includes common area taxes, pool, escrow reserves, grounds maintenance, management, private road, recreational facilities, trash); Association amenities: clubhouse, pool, recreation facilities, shuffleboard court, deed restrictions, handicap modified access, lobby key required, fence restrictions; Community features: association-owned recreation, buyer approval required, golf carts OK, no truck/RV/motorcycle parking, sidewalks, wheelchair access, street lights; Senior community; Pets allowed (cats and dogs) with breed restrictions; max pet weight 25 lbs

Exterior

• Parking: Deeded parking; Driveway; Parking pad; Tandem parking; 2-car carport
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected; Water connected; Underground utilities
• Home design: Residential double-wide mobile home; One story; Faces east; Completed condition
• Construction: Other construction materials; Other roof; Built on crawlspace foundation
• Exterior features: Enclosed patio/porch; Front porch; Awnings; Shed(s); Mature landscaping; Landscaped, level yard; Near public transit; Sidewalks; Paved surfaces; Asphalt road

Interior

• Kitchen: Range
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Thermostat; Window treatments; Florida room; Crawl space
• Laundry & utility: Washer; Dryer; Electric water heater; Outdoor laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $105k.

Deal economics

• At list price, monthly cash flow is $420 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 4.7% in Elfers — 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 78/100 on livability (#167 in FL, #2,486 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities D-.
• 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 soft (-2.5%/yr); 131 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 39% 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 $726 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 200 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $39k; list at $105k implies a 170% 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 200 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.54% ✓
• Cap rate: 11.09%
• Cash-on-cash: 17.14%
• DSCR: 1.76
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $103,680
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3415 Chatford Dr	0.24mi	2/1.5	768 (0%)	4mo	$103,000	$134	84
3241 Channing Dr	0.07mi	2/1.0	720 (-6%)	14mo	$97,000	$135	71
3210 Hampshire Dr	0.06mi	2/1.5	672 (-12%)	5mo	$80,000	$119	70
3330 Chatford Dr	0.17mi	2/2.0	840 (+9%)	13mo	$113,000	$135	66
4920 Sherrell Dr	0.04mi	2/2.0	864 (+12%)	18mo	$127,000	$147	62
4715 Burney Dr	0.25mi	2/2.0	864 (+12%)	12mo	$132,000	$153	58
2453 Santiago Dr	0.74mi	2/2.0	660 (-14%)	2mo	$53,000	$80	40

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: 4.7%
• Equity multiple: 1.17×
• Total profit: $5,108
• Equity at exit: $15,656

10-year hold

• IRR: 10.8%
• Equity multiple: 1.72×
• Total profit: $21,035
• Equity at exit: $9,078

Cash invested: $29,400 (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: 131
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,614 high
• Mortgage (P&I): −$551
• Tax from tax record: −$118 /mo · $1,411/yr
• Insurance: −$44
• HOA: −$143
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $420

Break-even live

Break-even rent $1,082

Max offer price $105,000

Occupancy floor 69%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5232 Sparrow Dr Holiday, FL	2.0	1.0	976	$1,975	$2.02	24d	1	0.28mi
3433 Monticello St Holiday, FL	3.0	1.5	960	$1,650	$1.72	24d	1	0.29mi
3511 Cambridge St New Port Richey, FL	2.0	2.0	936	$2,100	$2.24	4d	1	0.29mi
3029 Corona Dr Holiday, FL	3.0	2.0	894	$1,950	$2.18	4d	1	0.59mi
4723 Aegean Ave Holiday, FL	2.0	1.0	1000	$1,636	$1.64	4d	1	0.61mi
2552 Chancery Dr Holiday, FL	2.0	1.0	816	$1,595	$1.95	24d	1	0.64mi
2610 Templewood Dr Holiday, FL	3.0	1.0	1056	$1,800	$1.70	4d	1	0.65mi
5606 Mirada Dr Holiday, FL	2.0	1.0	864	$1,550	$1.79	14d	1	0.66mi
2509 Sweetwood Dr Holiday, FL	2.0	1.0	988	$1,650	$1.67	17d	1	0.74mi
4348 Plaza Dr Holiday, FL	1.0–2.0	1.0–2.0	860	$1,499	$1.74	2d	9	0.76mi
4205 Jordana Way Holiday, FL	1.0–3.0	1.0–2.0	1027	$1,404	$1.37	2d	13	0.84mi
3439 Clydesdale Dr Holiday, FL	2.0	1.0	968	$1,395	$1.44	4d	1	0.88mi
4124 Flamingo Dr New Port Richey, FL	3.0	1.0	744	$1,500	$2.02	14d	1	0.91mi
4124 Flamingo Dr New Port Richey, FL	3.0	1.0	744	$1,500	$2.02	3d	1	0.91mi
4823 Longwood Ave Holiday, FL	3.0	1.0	1122	$1,800	$1.60	4d	1	0.92mi
5020 Vickers Dr New Port Richey, FL	2.0	1.0	863	$1,550	$1.80	4d	1	0.94mi
4358 Tahitian Gardens Cir Holiday, FL	1.0	1.0	600	$1,350	$2.25	14d	1	1.01mi
4358 Tahitian Gardens Cir Unit G Holiday, FL	1.0	1.0	600	$1,350	$2.25	24d	1	1.01mi
4356 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,350	$1.64	24d	1	1.03mi
4365 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,400	$1.70	24d	1	1.04mi
4354 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	825	$1,500	$1.82	24d	1	1.06mi
4133 Grayton Dr New Port Richey, FL	2.0	1.5	1068	$1,727	$1.62	4d	1	1.07mi
4318 Tahitian Gardens Cir Unit B Holiday, FL	1.0	1.0	576	$1,200	$2.08	24d	1	1.09mi
4313 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.5	825	$1,300	$1.58	14d	1	1.09mi
4351 Tahitian Gardens Cir Holiday, FL	2.0	1.0	825	$1,150	$1.39	24d	1	1.13mi
2122 Ranchita Trl Holiday, FL	2.0	1.0	648	$1,399	$2.16	24d	1	1.15mi
4209 Touchton Pl New Port Richey, FL	1.0	1.0	624	$1,300	$2.08	16d	1	1.17mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,200	$1.69	4d	1	1.18mi
4326 Tahitian Gardens Cir Unit 14E Holiday, FL	2.0	1.5	768	$2,000	$2.60	24d	1	1.18mi
4221 Touchton Pl New Port Richey, FL	2.0	2.0	888	$1,300	$1.46	23d	1	1.18mi
4337 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	768	$1,500	$1.95	24d	1	1.23mi
3516 Sheryl Hill Dr Holiday, FL	2.0	2.0	848	$1,595	$1.88	24d	1	1.24mi
5338 Nancy Ln Holiday, FL	2.0	1.0	864	$1,430	$1.66	24d	1	1.26mi
4334 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	768	$1,450	$1.89	24d	1	1.27mi
2132 Kepner Dr Holiday, FL	2.0	1.0	920	$1,295	$1.41	20d	1	1.30mi
4518 Audrey Ln Unit 4551 New Port Richey, FL	2.0	1.0	750	$1,295	$1.73	21d	1	1.32mi
4551 Audrey Ln NEW PRT RCHY, FL	2.0	1.0	750	$1,295	$1.73	21d	1	1.35mi
4540 Audrey Ln New Port Richey, FL	2.0	1.0	750	$1,150	$1.53	24d	1	1.35mi
4408 Rustic Dr New Port Richey, FL	2.0	1.0	1101	$1,500	$1.36	24d	1	1.35mi
4540 Irene Loop New Port Richey, FL	2.0	1.0	768	$1,550	$2.02	24d	1	1.35mi

HOA detail

• Monthly dues: $143 · $1,716/yr
• Likely covers: trashpool

Listing history 16 events

1. 2026-06-18
   days on market $105,000 Active 200 DOM
2. 2026-06-17
   days on market $105,000 Active 199 DOM
3. 2026-06-16
   days on market $105,000 Active 198 DOM
4. 2026-06-15
   days on market $105,000 Active 197 DOM
5. 2026-06-13
   days on market $105,000 Active 195 DOM
6. 2026-06-09
   days on market $105,000 Active 191 DOM
7. 2026-06-08
   days on market $105,000 Active 190 DOM
8. 2026-06-07
   days on market $105,000 Active 189 DOM
9. 2026-06-04
   days on market $105,000 Active 186 DOM
10. 2026-06-03
    days on market $105,000 Active 185 DOM
11. 2026-06-02
    days on market $105,000 Active 184 DOM
12. 2026-06-01
    days on market $105,000 Active 183 DOM
13. 2026-05-31
    days on market $105,000 Active 182 DOM
14. 2025-11-30
    listed $115,000 Active
15. 1991-04-01
    soldstatus $38,900
16. 1983-08-01
    soldstatus $28,500

ⓘ 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: $1,411 · $118/mo
• Projected year-2 tax: $1,411 · $118/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) · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 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: $19,367
• − Mortgage interest: −$5,882
• − Property taxes: −$1,411
• − Insurance: −$525
• − Repairs & maintenance: −$1,549
• − Management: −$1,549
• − HOA: −$1,716
• − Depreciation: −$3,055
• Taxable income: $3,679
• Est. tax owed @ 24.0%: −$883
• After-tax cash flow: $4,157/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 — Elfers

• Score: 78/100
• State rank: #167
• US rank: #2486

Category grades

Amenities D- 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: Elfers, FL
• County: Pasco County · 524,098 people
• 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

+303.5% since first listed

3 events — show timeline

• 2025-11-30 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 1991-04-01 Sold (Public Records) $38,900 Public Records
• 1983-08-01 Sold (Public Records) $28,500 Public Records

Property tax history

+19.3%/yr

Latest (2025): $1,411 · +4.8% YoY. Source: county tax records.