7326 Como Dr · Elfers, FL 34655

$189,000

3 bd · 2.0 ba · 1,291 sqft · SingleFamily public records · 1 Days on market

Built 1979 6,600 sqft lot Est $271k · 30% under

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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 +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +5.5/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. CALLING ALL INVESTORS! HANDYMAN. GREAT LOCATION ON A CORNER LOT. 2/2/2 spacious floor plan. BIG LANAI. 2013 ROOF. Seller has NO KNOWLEDGE of the homes mechanicals. DON'T MISS OUT ON THIS INVESTMENT OPPORTUNITY. GREAT AREA TO OWN A RENTAL. TRINITY ZIP CODE ZONED FOR A RATED SCHOOLS. NO HOA. NO RENTAL RESTRICTIONS. PROBATE HOME.

Key facts

• 2013 roof
• Big lanai
• No hoa

Tags

• CORNER LOT
• BIG LANAI
• 2013 ROOF
• ZONED FOR A RATED SCHOOLS
• NO HOA
• NO RENTAL RESTRICTIONS

Property features AI

Finance

• Other: Property is homesteaded; Zoned R4; Lot about 0.15 acre (approximately 613 m²)
• HOA & community: No HOA/association reported

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; One story; Faces south
• Construction: Block and stucco construction; Shingle roof; Block foundation; Built on one level
• Exterior features: Private mailbox; Asphalt road access

Interior

• Kitchen: No appliances listed
• Bedrooms: 2 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No interior features specified
• Laundry & utility: No laundry features specified

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $429 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $189k).
• Cap rate 9.0% 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.
• Zoned schools: Seven Springs Elementary School (math 37% / reading 46%, grade F, #1,437 of 2,144 statewide, top 68%, 450 students, 73% FRL); James W. Mitchell High School (math 60% / reading 63%, grade B-, #100 of 667 statewide, top 15%, 2,155 students, 32% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents falling (-4.7%/yr); 542 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,000

Questions for the listing agent

1. Built in 1979 — 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. 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.
4. 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.
5. 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: 1.05% ✓
• Cap rate: 9.02%
• Cash-on-cash: 9.73%
• DSCR: 1.43
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $271,110
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7336 Ivory Ter	0.10mi	3/2.0	1,282 (-1%)	2mo	$291,900	$228	93
7437 Daggett Ter	0.38mi	3/2.0	1,282 (-1%)	2mo	$241,500	$188	79
3228 Kismet Ct	0.08mi	3/2.0	1,185 (-8%)	4mo	$293,840	$248	79
3116 Ludlow Dr	0.30mi	3/2.0	1,327 (+3%)	4mo	$222,000	$167	78
7239 Carmel Ave	0.42mi	3/2.0	1,368 (+6%)	3mo	$284,900	$208	68
7644 Arlight Dr	0.50mi	2/2.0 (-1)	1,327 (+3%)	3mo	$279,000	$210	64
7442 Compton Ln	0.17mi	2/1.0 (-1)	1,126 (-13%)	0mo	$235,000	$209	61
3117 Laird Dr	0.40mi	3/2.0	1,118 (-13%)	3mo	$243,000	$217	56
3133 Payne St	0.49mi	3/2.0	1,134 (-12%)	5mo	$315,000	$278	52
7954 Knox Loop	0.61mi	2/2.0 (-1)	1,392 (+8%)	3mo	$225,000	$162	51
7839 Mitchell Ranch Rd	0.51mi	2/2.0 (-1)	1,123 (-13%)	3mo	$212,000	$189	47
2644 Tottenham Dr	0.74mi	2/2.0 (-1)	1,404 (+9%)	4mo	$305,000	$217	42

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: -4.8%
• Equity multiple: 0.83×
• Total profit: $-9,185
• Equity at exit: $28,181

10-year hold

• IRR: 1.4%
• Equity multiple: 1.08×
• Total profit: $4,437
• Equity at exit: $16,341

Cash invested: $52,920 (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 34655

• Home prices YoY: -22.9%
• Rents YoY: -4.7%
• Active inventory: 542
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,982 high
• Mortgage (P&I): −$991
• Tax from tax record: −$67 /mo · $803/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $429

Break-even live

Break-even rent $1,439

Max offer price $189,000

Occupancy floor 73%

Sensitivity live

Price	-10% $536	-5% $483	+0% $429	+5% $376	+10% $322
Rent	-10% $272	-5% $351	+0% $429	+5% $507	+10% $586
Rate	-1.0pp $524	-0.5pp $477	base $429	+0.5pp $380	+1.0pp $330

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7418 Jenner Ave New Port Richey, FL	2.0	1.0	1000	$1,495	$1.50	11d	1	0.08mi
7543 Ivory Ter New Port Richey, FL	3.0	2.0	1653	$1,895	$1.15	25d	1	0.26mi
3409 Vorden St New Port Richey, FL	2.0	1.0	1075	$1,600	$1.49	25d	1	0.27mi
3005 Wainwright Ct New Port Richey, FL	2.0	2.0	960	$1,600	$1.67	25d	1	0.29mi
7220 Exemplar Dr New Port Richey, FL	4.0	2.0	1433	$2,085	$1.45	25d	1	0.33mi
2928 Stillwell Ct New Port Richey, FL	2.0	2.0	1068	$1,550	$1.45	4d	1	0.36mi
3455 Monte Rio St New Port Richey, FL	2.0	2.0	1291	$1,775	$1.37	18d	1	0.37mi
2918 Forrestal Ct New Port Richey, FL	2.0	1.0	888	$1,600	$1.80	25d	1	0.38mi
3427 Dellefield St New Port Richey, FL	4.0	2.0	1529	$2,280	$1.49	21d	1	0.38mi
2852 Stillwell Ct New Port Richey, FL	2.0	1.0	972	$1,500	$1.54	18d	1	0.41mi
7441 Carmel Ave New Port Richey, FL	3.0	1.0	1238	$1,875	$1.51	3d	1	0.44mi
3406 Murrow St New Port Richey, FL	3.0	1.0	1262	$1,725	$1.37	0d	1	0.45mi
7239 Belvedere Ter New Port Richey, FL	4.0	2.0	1200	$2,800	$2.33	18d	1	0.48mi
3602 Murrow St New Port Richey, FL	3.0	2.0	1283	$2,090	$1.63	5d	1	0.53mi
7742 Arlight Dr New Port Richey, FL	3.0	2.0	1653	$1,995	$1.21	25d	1	0.57mi
3707 Mexicali St New Port Richey, FL	3.0	2.0	1185	$1,925	$1.62	5d	1	0.61mi
7101 Columns Cir New Port Richey, FL	1.0–3.0	1.0–2.0	1106	$1,824	$1.65	0d	23	0.65mi
7733 Atherton Ave New Port Richey, FL	2.0	2.0	1291	$1,775	$1.37	17d	1	0.66mi
2644 Tottenham Dr New Port Richey, FL	2.0	2.0	1404	$2,200	$1.57	11d	1	0.73mi
7911 Aden Loop New Port Richey, FL	3.0	2.0	1067	$1,785	$1.67	25d	1	0.73mi
7637 Wimpole Dr New Port Richey, FL	2.0	2.0	1450	$1,850	$1.28	3d	1	0.77mi
7828 Hardwick Dr #927 New Port Richey, FL	2.0	2.0	1025	$1,650	$1.61	5d	1	0.89mi
8239 Crescent Oaks Dr New Port Richey, FL	2.0	2.5	1513	$2,200	$1.45	22d	1	0.89mi
6765 Emerald Spring Loop New Port Richey, FL	3.0	2.0	1561	$2,500	$1.60	25d	1	0.91mi
7910 Hardwick Dr #713 New Port Richey, FL	2.0	1.0	925	$1,595	$1.72	5d	1	0.92mi
4331 Fiji Dr New Port Richey, FL	1.0–5.0	2.0–5.0	1343	$1,708	$1.27	3d	11	0.95mi
8335 Birch Haven Ln New Port Richey, FL	3.0	2.5	1634	$2,100	$1.29	18d	1	1.00mi
4132 Hanover Dr New Port Richey, FL	4.0	2.5	1870	$2,500	$1.34	15d	1	1.08mi
8248 Corner Pine Way New Port Richey, FL	3.0	2.5	1634	$2,200	$1.35	22d	1	1.22mi
4233 Belle Isle Ct New Port Richey, FL	3.0	2.0	1275	$1,950	$1.53	25d	1	1.24mi
4233 Belle Isle Ct New Port Richey, FL	3.0	2.0	1275	$1,895	$1.49	20d	1	1.24mi
6413 Sutters Mill Rd New Port Richey, FL	3.0	2.0	1080	$1,575	$1.46	4d	1	1.33mi
4347 Otter Way New Port Richey, FL	3.0	2.0	1344	$1,740	$1.29	0d	1	1.39mi
7425 Trouble Creek Rd New Port Richey, FL	1.0–2.0	1.0–2.0	812	$1,604	$1.97	2d	15	1.41mi
8135 Brown Pelican Ave New Port Richey, FL	2.0	2.0	1089	$2,000	$1.84	5d	1	1.42mi
8107 Blue Finch Way New Port Richey, FL	3.0	2.0	1320	$1,975	$1.50	25d	1	1.43mi
3639 Madison St New Port Richey, FL	3.0	2.0	1310	$1,700	$1.30	25d	1	1.43mi
8559 Pilgrim Ct New Port Richey, FL	2.0	1.5	1236	$1,500	$1.21	21d	1	1.44mi
8563 Pilgrim Ct New Port Richey, FL	2.0	1.5	1236	$1,400	$1.13	5d	1	1.44mi
5945 Mockingbird Dr New Port Richey, FL	3.0	2.0	1649	$2,125	$1.29	15d	1	1.45mi

Listing history 2 events

1. 2026-05-22
   status Pending
2. 2026-05-21
   listed $189,000 Active

ⓘ 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: $803 · $67/mo
• Projected year-2 tax: $1,569 · $131/mo
• Expected delta: +$766/yr (+$64/mo · 95.4%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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: $23,784
• − Mortgage interest: −$10,587
• − Property taxes: −$803
• − Insurance: −$945
• − Repairs & maintenance: −$1,903
• − Management: −$1,903
• − Depreciation: −$5,498
• Taxable income: $2,146
• Est. tax owed @ 24.0%: −$515
• After-tax cash flow: $4,633/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

• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 49,964
• Household income: $85,470
• Rent vs Own: 23.5% rent · 76.5% own
• Severe rent burden: 1372.0

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 (83%)
• Race & ethnicity: White 83% Hispanic / Latino 9% Two or more races 7% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, Jamaica
• Languages at home: 87% English-only · Spanish 6% 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: ▼ -82.58%
• Current HPI: 278.3649
• Rent YoY: ▼ -4.70%
• 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

2 events — show timeline

• 2026-05-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-21 Listed $189,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+2.1%/yr

Latest (2025): $803 · +2.0% YoY. Source: county tax records.