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3125 Short Leaf St
C Composite 57.6
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 +25.9/30.0
  • DSCR +8.7/10.0
  • 1% rule +8.0/10.0
  • Schools +4.3/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • ARV discount +1.7/15.0
  • Appreciation +0.0/10.0

$185,000

3125 Short Leaf St · Wesley Chapel, FL 33543
3 bd · 2.0 ba · 1,624 sqft · Manufactured public records · 36 Days on market
Built 1993 4,742 sqft lot Est $164k · 13% over $217/mo HOA · 9% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

Key facts

  • Gated community
  • New plumbing
  • New electrical

Tags

GATED COMMUNITYOWNED LANDCORNER LOTNEW ROOFNEW ELECTRICALNEW PLUMBING

Property features AI

Finance

  • Other: Unfurnished; Homestead exempt
  • Financial info: Lease restrictions apply
  • HOA & community: HOA required; monthly fee $217; Association includes pool; Association approval required; Community clubhouse and playground; Pet rules include breed restrictions and limits

Exterior

  • Parking: Carport (3 spaces)
  • Security: Gated community
  • Utilities: Public water; Public sewer; Cable available; Electricity available
  • Home design: Manufactured single-wide home; Residential property; One story; Faces east
  • Construction: Vinyl siding and other exterior materials; Shingle roof; Crawlspace foundation; Built in 1 story layout
  • Exterior features: Exterior lighting; Rain gutters; Sliding doors; Outdoor storage

Interior

  • Kitchen: Dishwasher; Range; Range hood; Refrigerator; Eat-in kitchen with solid wood cabinets
  • Bedrooms: 3 bedrooms
  • Flooring: Carpet; Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Living room/dining room combo; Solid wood cabinets; Split bedroom floorplan
  • Laundry & utility: Dedicated laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $185k.

Deal economics

  • At list price, monthly cash flow is $457 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $185k).
  • Recommended offer: $179k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.3% vs local median 3.7% in Wesley Chapel — 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 79/100 on livability (#143 in FL, #2,137 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: 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); Zephyrhills High School (math 35% / reading 37%, grade F, #359 of 667 statewide, top 55%, 1,656 students, 70% FRL) — zoned schools average 73% FRL vs 48% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 36% at this address vs 51% district-wide (-16 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 (-0.4%/yr); 649 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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 36 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y 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 $150k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $179,450 (3.0% below list)

Questions for the listing agent

  1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
1.30%
Cap rate
9.26%
Cash-on-cash
10.59%
DSCR
1.47
GRM
6.4

CMA / ARV

ARV (on-the-fly)
$164,024
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3110 Beaver Creek Dr 0.09mi 3/2.0 1,560 (-4%) 3mo $223,500 $143 86
34300 Countryside Dr 0.06mi 3/2.0 1,560 (-4%) 7mo $98,500 $63 85
3020 Moss Hill St 0.11mi 3/2.0 1,539 (-5%) 8mo $155,000 $101 80
3230 Bohannon Rd 0.41mi 3/2.0 1,620 (-0%) 2mo $153,500 $95 79
3125 Briar St 0.07mi 3/2.0 1,440 (-11%) 1mo $170,000 $118 77
3124 Pond Hollow St #183 0.30mi 3/2.0 1,586 (-2%) 12mo $115,000 $73 72
33907 Coddle Ct 0.63mi 4/2.0 (+1) 1,850 (+14%) 7mo $235,000 $127 36

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
-4.2%
Equity multiple
0.85×
Total profit
$-7,795
Equity at exit
$27,584
10-year hold
IRR
1.3%
Equity multiple
1.08×
Total profit
$3,960
Equity at exit
$15,995

Cash invested: $51,800 (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.

ZIP-level market 33543

Home prices YoY
-24.0%
Rents YoY
-0.4%
Active inventory
649
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$2,411 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$183 /mo · $2,198/yr
Insurance
$77
HOA
$217
Vacancy / Maint / Mgmt
$506
Net cashflow
$457

Break-even live

Break-even rent $1,832
Max offer price $185,000
Occupancy floor 76%

Sensitivity live

Price -10% $562 -5% $509 +0% $457 +5% $405 +10% $352
Rent -10% $267 -5% $362 +0% $457 +5% $552 +10% $647
Rate -1.0pp $550 -0.5pp $504 base $457 +0.5pp $409 +1.0pp $360

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
$46,250
Closing costs
$5,550
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 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3344 Fresno Pl Zephyrhills, FL 4.0 2.0 1687 $2,255 $1.34 0d 1 0.18mi
34751 Telluride Ln Zephyrhills, FL 3.0 2.5 1964 $2,200 $1.12 6d 1 0.19mi
2883 Peony Prairie Ln Wesley Chapel, FL 3.0 2.5 1673 $2,099 $1.25 12d 1 0.29mi
34350 Redwood Dawn Ln Wesley Chapel, FL 3.0 2.5 1673 $2,350 $1.40 6d 1 0.31mi
34276 Redwood Dawn Ln Wesley Chapel, FL 3.0 2.5 1673 $2,500 $1.49 25d 1 0.31mi
34272 Redwood Dawn Ln Wesley Chapel, FL 3.0 2.5 1758 $2,300 $1.31 0d 1 0.31mi
2839 Maiden Grass Isle Wesley Chapel, FL 3.0 2.0 1546 $2,600 $1.68 25d 1 0.39mi
34718 Kircher Dr Zephyrhills, FL 4.0 2.0 1970 $2,600 $1.32 25d 1 0.41mi
34211 Jasper Stone Dr Wesley Chapel, FL 4.0 2.0 1852 $3,200 $1.73 25d 1 0.41mi
33801 Jasmine Star Loop Wesley Chapel, FL 3.0 2.0 1516 $2,300 $1.52 25d 1 0.71mi
2516 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $2,000 $1.46 25d 1 0.73mi
2415 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $2,300 $1.68 6d 1 0.76mi
2407 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $1,849 $1.35 18d 1 0.77mi
2407 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $1,849 $1.35 25d 1 0.77mi
2407 Paravane Way Wesley Chapel, FL 3.0 3.0 1373 $1,849 $1.35 13d 1 0.77mi
2358 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $2,000 $1.46 4d 1 0.81mi
2350 Paravane Way Wesley Chapel, FL 3.0 2.5 1555 $2,500 $1.61 25d 1 0.82mi
35029 Brackett Bnd Zephyrhills, FL 4.0 2.0 1939 $2,400 $1.24 12d 1 0.85mi
2308 Alee Ln Wesley Chapel, FL 3.0 2.5 1373 $1,825 $1.33 18d 1 0.87mi
2313 Alee Ln Wesley Chapel, FL 3.0 2.5 1555 $2,000 $1.29 6d 1 0.87mi
2264 Paravane Way Wesley Chapel, FL 3.0 2.5 1373 $2,000 $1.46 25d 1 0.90mi
34142 Polacca Ln Wesley Chapel, FL 3.0 2.5 1373 $2,100 $1.53 25d 1 0.97mi
34916 Mulrion Dr Zephyrhills, FL 3.0 2.0 1516 $2,100 $1.39 25d 1 0.99mi
2191 Hallier Cv Wesley Chapel, FL 3.0 2.5 1373 $1,999 $1.46 25d 1 1.00mi
2191 Hallier Cv Wesley Chapel, FL 3.0 2.5 1373 $1,999 $1.46 23d 1 1.00mi
2191 Hallier Cv Wesley Chapel, FL 3.0 2.5 1373 $1,900 $1.38 12d 1 1.00mi
36232 Lanier Oaks Pt , FL 3.0 2.0 1325 $1,700 $1.28 25d 1 1.00mi
2187 Hallier Cv Wesley Chapel, FL 3.0 3.0 1373 $1,945 $1.42 16d 1 1.00mi
35077 Ackley Trce Zephyrhills, FL 4.0 2.5 1870 $2,500 $1.34 19d 1 1.01mi
2085 Hallier Cv Wesley Chapel, FL 3.0 2.5 1373 $2,200 $1.60 6d 1 1.10mi
2081 Hallier Cv Wesley Chapel, FL 3.0 2.5 1553 $2,100 $1.35 0d 1 1.10mi
33780 Charleston Club Cir Wesley Chapel, FL 1.0–3.0 1.0–2.0 1059 $2,360 $2.23 0d 13 1.11mi
34214 Rogallo Ln Wesley Chapel, FL 3.0 2.5 1574 $2,050 $1.30 25d 1 1.20mi
34218 Cinder Way Unit 34218 Wesley Chapel, FL 3.0 2.5 1574 $1,950 $1.24 0d 1 1.24mi
34214 Cinder Way Wesley Chapel, FL 3.0 2.5 1650 $2,200 $1.33 6d 1 1.25mi
4410 Sailplane Ct Wesley Chapel, FL 3.0 2.5 1574 $2,100 $1.33 25d 1 1.27mi
35759 Sunflower Hill Dr Zephyrhills, FL 3.0 2.0 1584 $2,400 $1.52 12d 1 1.39mi
33976 Lusitano Dr Wesley Chapel, FL 1.0–3.0 1.0–2.5 1251 $2,895 $2.31 0d 70 1.48mi

HOA detail

Monthly dues
$217 · $2,604/yr
Likely covers
watersewertrashpoolsecurity

Listing history 23 events

  1. 2026-06-18
    days on market $185,000 Active 36 DOM
  2. 2026-06-17
    days on market $185,000 Active 35 DOM
  3. 2026-06-16
    days on market $185,000 Active 34 DOM
  4. 2026-06-15
    days on market $185,000 Active 33 DOM
  5. 2026-06-13
    days on market $185,000 Active 31 DOM
  6. 2026-06-09
    days on market $185,000 Active 27 DOM
  7. 2026-06-08
    days on market $185,000 Active 26 DOM
  8. 2026-06-07
    days on market $185,000 Active 25 DOM
  9. 2026-06-04
    days on market $185,000 Active 22 DOM
  10. 2026-06-03
    days on market $185,000 Active 21 DOM
  11. 2026-06-02
    days on market $185,000 Active 20 DOM
  12. 2026-06-01
    days on market $185,000 Active 19 DOM
  13. 2026-05-31
    days on market $185,000 Active 18 DOM
  14. 2026-05-13
    listed $185,000 Active
  15. 2024-11-13
    soldstatus $150,000
  16. 2024-11-08
    soldstatus $150,000 Closed 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  17. 2024-09-10
    status Pending 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  18. 2024-09-01
    price $209,900 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  19. 2024-08-19
    price $214,900 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  20. 2024-07-31
    price $219,900 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  21. 2024-07-20
    listed $225,000 Active 1070-char remark
    Show marketing remark (1070 chars)

    * * PRICE REDUCTION * * Spacious manufactured home in gated community! Located on a corner lot, this home has more than 1600 square feet of living space. Enter through the front door to a very open living area with split bedrooms. Primary bedroom has en suite bathroom. Kitchen features a dinette and entrance to laundry and fabulous storage area. Ample parking right in front! Driveway can accommodate several cars. All ages community has active clubhouse complete with social events, game nights, 2 beautiful community pools and spa, 2 clubhouses, shuffleboard, basketball courts, stocked fishing lake, and many other amenities. Low monthly HOA includes water, sewer, trash, lawn maintenance, and security. Location is key! So close to all the new shopping including the Wiregrass Town Center, restaurants, medical facilities, playground, and amenities that Wesley Chapel and Zephyrhills has to offer! No lot rent- RV, Boat Parking, and storage also offered for an additional fee. * * Energy Star qualified windows (2018), new roof (2022), newer AC unit (2021) * *

  22. 2006-07-21
    soldstatus $77,000
  23. 2003-11-03
    soldstatus $66,300

ⓘ 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
$2,198 · $183/mo
Projected year-2 tax
$2,198 · $183/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 6/10 Major FEMA zone X (unshaded) · 68% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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 1 unhealthy d/yr today · 2 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
$28,928
− Mortgage interest
−$10,363
− Property taxes
−$2,198
− Insurance
−$925
− Repairs & maintenance
−$2,314
− Management
−$2,314
− HOA
−$2,604
− Depreciation
−$5,382
Taxable income
$2,828
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$679
After-tax cash flow
$4,806/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 — Wesley Chapel

Score
79/100
State rank
#143
US rank
#2137

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Wesley Chapel, FL
County
Pasco County · 524,098 people
City population
100,771
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
40,648
Household income
$107,349
Rent vs Own
14.8% rent · 85.2% own
Severe rent burden
407.0

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
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
White 51% Hispanic / Latino 22% Two or more races 15% Black 12% Asian 9%
Hispanic origin (detail)
Mexican 2% Puerto Rican 8% Cuban 2% Dominican 2%
Common ancestry
Romanian 3% Lithuanian 1% Scotch-Irish 1%
Foreign-born
20% · Canada, Jamaica, China
Languages at home
71% English-only · Spanish 16% Other Indo-European 2% Tagalog/Filipino 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
▼ -83.13%
Current HPI
263.2513
Rent YoY
▼ -0.37%
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

Price history

+179.0% since first listed
10 events — show timeline
  • 2026-05-13 Listed $185,000 Stellar MLS as Distributed by MLS Grid
  • 2024-11-13 Sold (Public Records) $150,000 Public Records
  • 2024-11-08 Sold (MLS) $150,000 Stellar MLS as Distributed by MLS Grid
  • 2024-09-10 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-09-01 Price Changed $209,900 Stellar MLS as Distributed by MLS Grid
  • 2024-08-19 Price Changed $214,900 Stellar MLS as Distributed by MLS Grid
  • 2024-07-31 Price Changed $219,900 Stellar MLS as Distributed by MLS Grid
  • 2024-07-20 Listed $225,000 Stellar MLS as Distributed by MLS Grid
  • 2006-07-21 Sold (Public Records) $77,000 Public Records
  • 2003-11-03 Sold (Public Records) $66,300 Public Records

Property tax history

+11.3%/yr

Latest (2025): $2,198 · +243.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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