7637 Moriah Ave · Brookridge, FL 34613

$139,900

2 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 12 Days on market

Built 1976 0.26 ac lot Est $175k · 20% under $55/mo HOA · 3% 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 +24.2/30.0
• ARV discount +15.0/15.0
• DSCR +7.8/10.0
• 1% rule +7.1/10.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy and well-maintained 2-bedroom, 2-bath home featuring an eat-in kitchen, spacious living room, dining room, and family room. Enjoy relaxing in the enclosed Florida room with acrylic windows overlooking a private wooded section of the golf course. Large utility room offers plenty of space for a golf cart and extra storage. Additional features include BRAND NEW HVAC installed May 2026, a durable metal roof and attractive landscaping that adds to the home's curb appeal. Located in the desirable and vibrant, gated Brookridge 55+ community, enjoy a relaxed Florida lifestyle with access to top-notch amenities including golf (separate membership), pools, clubhouse activities, and more. Close to shopping, restaurants, entertainment, and medical facilities. Low HOA fees and you OWN YOUR OWN LAND.

Key facts

• Durable metal roof
• Eat-in kitchen
• 0.26 acre lot

Tags

• EAT-IN KITCHEN
• ENCLOSED FLORIDA ROOM
• PRIVATE WOODED SECTION
• DURABLE METAL ROOF
• ATTRACTIVE LANDSCAPING
• ACCESS TO TOP-NOTCH AMENITIES

Property features AI

Finance

• Other: Property zoned PDP(MF); Property type: Residential; Property subtype: Mobile Home; Universal property ID available
• Financial info: Total annual fees: $660
• HOA & community: Has HOA (office admin) with a required monthly fee of $55; Community clubhouse; Deed restrictions; Golf and golf cart friendly; Community pool; Senior community; Cats and dogs allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Mobile Home (double wide); One story; Faces northeast
• Construction: Metal siding; Metal roof; Pillar/post/pier foundation; Built on a 0.26-acre lot
• Exterior features: Exterior lighting; Paved road access

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Eat-in kitchen; 6 total rooms
• Laundry & utility: Washer; Dryer; Laundry room (other)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $279 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 8.7% vs local median 6.3% in Brookridge — 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 70/100 on livability (#421 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, health & safety C-, schools F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 695 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 35% of the median local income ($59k/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.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 $50k; list at $140k implies a 180% 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→26/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 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.21% ✓
• Cap rate: 8.69%
• Cash-on-cash: 8.55%
• DSCR: 1.38
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $174,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14563 Brookridge Blvd	0.20mi	3/2.0 (+1)	1,344 (0%)	2mo	$224,000	$167	84
7472 Moriah Ave	0.29mi	2/2.0	1,288 (-4%)	1mo	$158,000	$123	79
7444 Moriah Ave	0.34mi	3/2.0 (+1)	1,344 (0%)	3mo	$135,000	$100	76
8064 Mission St	0.50mi	2/2.0	1,311 (-2%)	4mo	$165,000	$126	70
7408 Morelli Ave	0.15mi	3/2.0 (+1)	1,485 (+10%)	3mo	$192,500	$130	68
8305 Weatherford Ave	0.69mi	2/2.0	1,314 (-2%)	1mo	$193,000	$147	63
7464 Dinsmore St	0.42mi	2/2.0	1,200 (-11%)	2mo	$175,000	$146	61
14334 Midfield St	0.42mi	3/2.0 (+1)	1,440 (+7%)	4mo	$131,900	$92	60
14383 Dehaven Ave	0.56mi	3/2.0 (+1)	1,493 (+11%)	1mo	$189,000	$127	50
14371 Nectarine St	0.66mi	2/2.0	1,178 (-12%)	1mo	$205,000	$174	48
14386 Starcross St	0.68mi	2/2.0	1,192 (-11%)	4mo	$163,000	$137	46
8057 Dinsmore St	0.71mi	2/2.0	1,152 (-14%)	2mo	$85,000	$74	41

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.3%
• Equity multiple: 0.88×
• Total profit: $-4,810
• Equity at exit: $20,860

10-year hold

• IRR: 6.5%
• Equity multiple: 1.49×
• Total profit: $19,025
• 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 34613

• Home prices YoY: -17.2%
• Active inventory: 695
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,686 high
• Mortgage (P&I): −$734
• Tax from tax record: −$206 /mo · $2,472/yr
• Insurance: −$58
• HOA: −$55
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $279

Break-even live

Break-even rent $1,333

Max offer price $139,900

Occupancy floor 78%

Sensitivity live

Price	-10% $358	-5% $319	+0% $279	+5% $240	+10% $200
Rent	-10% $146	-5% $213	+0% $279	+5% $346	+10% $412
Rate	-1.0pp $350	-0.5pp $315	base $279	+0.5pp $243	+1.0pp $206

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 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14697 Brookridge Blvd Brooksville, FL	2.0	2.0	1056	$1,350	$1.28	25d	1	0.40mi
7124 Barclay Ave Unit A Spring Hill, FL	2.0	2.0	927	$1,500	$1.62	25d	1	0.51mi
14342 Starcross St Brooksville, FL	2.0	1.0	900	$1,025	$1.14	23d	1	0.59mi
9356 Southern Charm Cir Brooksville, FL	3.0	2.0	1621	$1,800	$1.11	25d	1	0.78mi
8407 Weatherford Ave Brooksville, FL	2.0	2.0	1104	$1,500	$1.36	18d	1	0.83mi
14131 Lemon Yellow Tree Ln Brooksville, FL	3.0	2.0	1840	$1,979	$1.08	6d	1	0.88mi
14360 Barley Grass Rd Spring Hill, FL	3.0–5.0	2.0–3.0	1975	$2,195	$1.11	2d	19	0.90mi
14373 Irving St Unit B Brooksville, FL	2.0	1.0	900	$1,750	$1.94	0d	1	1.06mi
13109 Lola Dr Spring Hill, FL	2.0	2.0	1483	$4,900	$3.30	25d	1	1.10mi
8917 Southern Charm Cir Brooksville, FL	3.0	2.0	1437	$1,695	$1.18	4d	1	1.17mi
13186 Thrush St Spring Hill, FL	3.0	2.0	1114	$1,950	$1.75	25d	1	1.18mi
8871 Southern Charm Cir Brooksville, FL	3.0	2.0	1482	$2,050	$1.38	25d	1	1.21mi
8761 Fetterbush Ct Brooksville, FL	3.0	2.0	1730	$1,850	$1.07	25d	1	1.34mi
9919 Scepter Ave Brooksville, FL	3.0	2.0	1188	$1,250	$1.05	6d	1	1.41mi

HOA detail

• Monthly dues: $55 · $660/yr
• Likely covers: landscapingpoolsecurity

Listing history 3 events

1. 2026-05-14
   listed $139,900 Active

   Show marketing remark (802 chars)

   Cozy and well-maintained 2-bedroom, 2-bath home featuring an eat-in kitchen, spacious living room, dining room, and family room. Enjoy relaxing in the enclosed Florida room with acrylic windows overlooking a private wooded section of the golf course. Large utility room offers plenty of space for a golf cart and extra storage. Additional features include BRAND NEW HVAC installed May 2026, a durable metal roof and attractive landscaping that adds to the home's curb appeal. Located in the desirable and vibrant, gated Brookridge 55+ community, enjoy a relaxed Florida lifestyle with access to top-notch amenities including golf (separate membership), pools, clubhouse activities, and more. Close to shopping, restaurants, entertainment, and medical facilities. Low HOA fees and you OWN YOUR OWN LAND.

2. 2026-05-14
   listed $139,900 Active 802-char remark

   Show marketing remark (802 chars)

   Cozy and well-maintained 2-bedroom, 2-bath home featuring an eat-in kitchen, spacious living room, dining room, and family room. Enjoy relaxing in the enclosed Florida room with acrylic windows overlooking a private wooded section of the golf course. Large utility room offers plenty of space for a golf cart and extra storage. Additional features include BRAND NEW HVAC installed May 2026, a durable metal roof and attractive landscaping that adds to the home's curb appeal. Located in the desirable and vibrant, gated Brookridge 55+ community, enjoy a relaxed Florida lifestyle with access to top-notch amenities including golf (separate membership), pools, clubhouse activities, and more. Close to shopping, restaurants, entertainment, and medical facilities. Low HOA fees and you OWN YOUR OWN LAND.

3. 1997-06-12
   soldstatus $50,000

ⓘ 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: $2,472 · $206/mo
• Projected year-2 tax: $2,472 · $206/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 10/10 Extreme 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,235
• − Mortgage interest: −$7,837
• − Property taxes: −$2,472
• − Insurance: −$700
• − Repairs & maintenance: −$1,619
• − Management: −$1,619
• − HOA: −$660
• − Depreciation: −$4,070
• Taxable income: $1,259
• Est. tax owed @ 24.0%: −$302
• After-tax cash flow: $3,048/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Brookridge

• Score: 70/100
• State rank: #421
• US rank: #7529

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookridge, FL
• County: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• 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

+179.8% since first listed

3 events — show timeline

• 2026-05-14 Listed $139,900 HCAR
• 2026-05-14 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 1997-06-12 Sold (Public Records) $50,000 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,472 · +2.9% YoY. Source: county tax records.