7139 EL Conquistador St · Pasadena Hills, FL 33541

$84,000

2 bd · 2.0 ba · 684 sqft · Manufactured public records · 262 Days on market

Built 1973 3,315 sqft lot Est $74k · 14% over $114/mo HOA · 8% of rent

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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 +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• ARV discount +1.3/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home Sweet Home! Come and discover this gem in the Spanish Trails senior park! This beautiful single wide mobile home features 2 bedrooms and 1.5 bathrooms, fully furnished and beautifully remodeled. With an open floor plan and a stunningly updated kitchen with newly updated cabinets and flooring, this home is a dream come true. The interior has been painted in neutral tones, providing a cozy and relaxing atmosphere. The layout of the home allows for guest privacy with their own bathroom space, while the bedrooms are spacious enough for bedding and furniture. You don't need to bring anything but a suitcase of clothes! This home is ready to be lived in and enjoyed. Additionally, it boasts a spacious screen room perfect for entertaining, relaxing in the morning or evening with a cup of coffee and a good book. The park offers a community pool, shuffleboard courts, and a clubhouse with a variety of activities. It's also pet-friendly, so bring your furry friend along! Spanish Trails is conveniently located across from Advent Hospital Zephyrhills and a short distance from Florida Medical Center for all your healthcare needs. Plus, easy access to Gall Blvd will take you to all the local diners and shopping centers, even Walmart for your groceries! Don't miss out on this opportunity to live in a place where comfort and convenience come together in perfect harmony! Call now to schedule a visit.

Key facts

• Ample cabinetry
• Own the land
• Mature landscaping

Tags

• OWN THE LAND
• OPEN LIVING AND DINING AREA
• AMPLE CABINETRY
• MATURE LANDSCAPING

Property features AI

Finance

• Other: Lease restrictions apply
• HOA & community: Has HOA (monthly $114); Association approval required; Association amenities: pool, private road, recreational facilities, trash; Community clubhouse; Community mailbox; Deed restrictions; Golf carts allowed; Association recreation owned; Senior community; Pets allowed (max 25 lbs)

Exterior

• Parking: Carport; 2 carport spaces
• Utilities: Public water; Public sewer; Electricity connected; Phone available; Sewer connected; Water connected
• Home design: Residential mobile home (single wide); Completed condition; One story; Faces east
• Construction: Metal siding; Metal roof; Built on foundation (single wide mobile home)
• Exterior features: Awnings; Rain gutters; Paved road access; Private maintained road

Interior

• Kitchen: Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating; Wall/window air conditioning units
• Interior features: Ceiling fans; Eat-in kitchen; Split bedroom layout; 5 total rooms
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry room (outside)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $84k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $84k).
• Recommended offer: $74k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.0% vs local median 3.6% in Pasadena Hills — 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 63/100 on livability (#723 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: schools F, amenities F, 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.
• Market conditions: Rents soft (-2.5%/yr); 856 active listings in the ZIP; 9 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 $581 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $24k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 262 days — a 12% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $73,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 262 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 1973 — 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. 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?
7. 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.
8. 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.
9. 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: 1.66% ✓
• Cap rate: 11.97%
• Cash-on-cash: 20.29%
• DSCR: 1.90
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $73,872
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7045 EL Dewitt St	0.13mi	2/2.0	732 (+7%)	12mo	$55,000	$75	72
37512 Attica Ave	0.45mi	2/1.0	684 (0%)	3mo	$74,000	$108	72
37826 Daughtery Rd	0.21mi	2/2.0	720 (+5%)	11mo	$126,500	$176	72
38533 Ethel Ave	0.66mi	2/1.0	720 (+5%)	1mo	$69,900	$97	55

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: 8.7%
• Equity multiple: 1.33×
• Total profit: $7,717
• Equity at exit: $12,525

10-year hold

• IRR: 14.9%
• Equity multiple: 2.02×
• Total profit: $23,899
• Equity at exit: $7,263

Cash invested: $23,520 (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 33541

• Home prices YoY: -15.2%
• Rents YoY: -2.5%
• Active inventory: 856
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,398 high
• Mortgage (P&I): −$441
• Tax from tax record: −$117 /mo · $1,408/yr
• Insurance: −$35
• HOA: −$114
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $398

Break-even live

Break-even rent $895

Max offer price $84,000

Occupancy floor 67%

Sensitivity live

Price	-10% $445	-5% $421	+0% $398	+5% $374	+10% $350
Rent	-10% $287	-5% $342	+0% $398	+5% $453	+10% $508
Rate	-1.0pp $440	-0.5pp $419	base $398	+0.5pp $376	+1.0pp $354

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: $21,000
• Closing costs: $2,520
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38112 Townview Ave Zephyrhills, FL	1.0	1.0	700	$1,100	$1.57	25d	1	0.18mi
6991 Fort King Rd Zephyrhills, FL	1.0	1.0	500	$899	$1.80	25d	1	0.63mi
38706 Daughtery Rd Zephyrhills, FL	1.0	1.0	445	$974	$2.19	17d	2	0.77mi
6302 Abbott Station Dr Zephyrhills, FL	3.0	1.0–2.5	855	$1,732	$2.02	2d	142	1.11mi
6052 10th St Zephyrhills, FL	2.0	1.0	644	$1,200	$1.86	25d	1	1.18mi
38748 Calumet Ave Zephyrhills, FL	2.0	1.0	750	$1,100	$1.47	5d	1	1.18mi
8129 Cass Rd Zephyrhills, FL	1.0	1.0	540	$1,100	$2.04	25d	1	1.25mi
39029 Kirkland Dr Zephyrhills, FL	1.0	1.0	500	$950	$1.90	25d	1	1.40mi
38010 14th Ave Apt 3 Zephyrhills, FL	1.0	1.0	537	$1,195	$2.23	25d	1	1.46mi

HOA detail

• Monthly dues: $114 · $1,368/yr
• Likely covers: pool

Listing history 25 events

1. 2026-06-18
   days on market $84,000 Active 262 DOM
2. 2026-06-17
   pricedays on market $84,000 Active 261 DOM
3. 2026-06-16
   days on market $87,000 Active 260 DOM
4. 2026-06-15
   days on market $87,000 Active 259 DOM
5. 2026-06-13
   days on market $87,000 Active 257 DOM
6. 2026-06-09
   days on market $87,000 Active 253 DOM
7. 2026-06-08
   days on market $87,000 Active 252 DOM
8. 2026-06-07
   days on market $87,000 Active 251 DOM
9. 2026-06-04
   days on market $87,000 Active 248 DOM
10. 2026-06-03
    days on market $87,000 Active 247 DOM
11. 2026-06-02
    days on market $87,000 Active 246 DOM
12. 2026-06-01
    days on market $87,000 Active 245 DOM
13. 2026-05-31
    days on market $87,000 Active 244 DOM
14. 2026-03-10
    price $87,000
15. 2025-10-03
    status Active
16. 2025-09-30
    status Pending
17. 2025-09-26
    listed $89,000 Active
18. 2024-05-06
    soldstatus $96,000
19. 2024-04-22
    soldstatus $96,000 Closed 1408-char remark

    Show marketing remark (1408 chars)

    Home Sweet Home! Come and discover this gem in the Spanish Trails senior park! This beautiful single wide mobile home features 2 bedrooms and 1.5 bathrooms, fully furnished and beautifully remodeled. With an open floor plan and a stunningly updated kitchen with newly updated cabinets and flooring, this home is a dream come true. The interior has been painted in neutral tones, providing a cozy and relaxing atmosphere. The layout of the home allows for guest privacy with their own bathroom space, while the bedrooms are spacious enough for bedding and furniture. You don't need to bring anything but a suitcase of clothes! This home is ready to be lived in and enjoyed. Additionally, it boasts a spacious screen room perfect for entertaining, relaxing in the morning or evening with a cup of coffee and a good book. The park offers a community pool, shuffleboard courts, and a clubhouse with a variety of activities. It's also pet-friendly, so bring your furry friend along! Spanish Trails is conveniently located across from Advent Hospital Zephyrhills and a short distance from Florida Medical Center for all your healthcare needs. Plus, easy access to Gall Blvd will take you to all the local diners and shopping centers, even Walmart for your groceries! Don't miss out on this opportunity to live in a place where comfort and convenience come together in perfect harmony! Call now to schedule a visit.

20. 2024-03-21
    status Pending 1408-char remark

    Show marketing remark (1408 chars)

    Home Sweet Home! Come and discover this gem in the Spanish Trails senior park! This beautiful single wide mobile home features 2 bedrooms and 1.5 bathrooms, fully furnished and beautifully remodeled. With an open floor plan and a stunningly updated kitchen with newly updated cabinets and flooring, this home is a dream come true. The interior has been painted in neutral tones, providing a cozy and relaxing atmosphere. The layout of the home allows for guest privacy with their own bathroom space, while the bedrooms are spacious enough for bedding and furniture. You don't need to bring anything but a suitcase of clothes! This home is ready to be lived in and enjoyed. Additionally, it boasts a spacious screen room perfect for entertaining, relaxing in the morning or evening with a cup of coffee and a good book. The park offers a community pool, shuffleboard courts, and a clubhouse with a variety of activities. It's also pet-friendly, so bring your furry friend along! Spanish Trails is conveniently located across from Advent Hospital Zephyrhills and a short distance from Florida Medical Center for all your healthcare needs. Plus, easy access to Gall Blvd will take you to all the local diners and shopping centers, even Walmart for your groceries! Don't miss out on this opportunity to live in a place where comfort and convenience come together in perfect harmony! Call now to schedule a visit.

21. 2024-03-20
    listed $99,500 Active 1408-char remark

    Show marketing remark (1408 chars)

    Home Sweet Home! Come and discover this gem in the Spanish Trails senior park! This beautiful single wide mobile home features 2 bedrooms and 1.5 bathrooms, fully furnished and beautifully remodeled. With an open floor plan and a stunningly updated kitchen with newly updated cabinets and flooring, this home is a dream come true. The interior has been painted in neutral tones, providing a cozy and relaxing atmosphere. The layout of the home allows for guest privacy with their own bathroom space, while the bedrooms are spacious enough for bedding and furniture. You don't need to bring anything but a suitcase of clothes! This home is ready to be lived in and enjoyed. Additionally, it boasts a spacious screen room perfect for entertaining, relaxing in the morning or evening with a cup of coffee and a good book. The park offers a community pool, shuffleboard courts, and a clubhouse with a variety of activities. It's also pet-friendly, so bring your furry friend along! Spanish Trails is conveniently located across from Advent Hospital Zephyrhills and a short distance from Florida Medical Center for all your healthcare needs. Plus, easy access to Gall Blvd will take you to all the local diners and shopping centers, even Walmart for your groceries! Don't miss out on this opportunity to live in a place where comfort and convenience come together in perfect harmony! Call now to schedule a visit.

22. 1995-02-03
    soldstatus $24,500
23. 1992-04-01
    soldstatus $22,500
24. 1983-11-01
    soldstatus $19,000
25. 1974-01-01
    soldstatus $5,100

ⓘ 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: $1,408 · $117/mo
• Projected year-2 tax: $1,408 · $117/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 9/10 Extreme 7 d/yr ≥108°F today · 23 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,778
• − Mortgage interest: −$4,705
• − Property taxes: −$1,408
• − Insurance: −$420
• − Repairs & maintenance: −$1,342
• − Management: −$1,342
• − HOA: −$1,368
• − Depreciation: −$2,444
• Taxable income: $3,748
• Est. tax owed @ 24.0%: −$900
• After-tax cash flow: $3,872/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 — Pasadena Hills

• Score: 63/100
• State rank: #723
• US rank: #15499

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pasadena Hills, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 24,654
• Household income: $56,579
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 393.0

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 (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 8% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 9%
• Common ancestry: Lithuanian 4% Romanian 3% Serbian 3%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 9% Tagalog/Filipino 1% Other Asian/Pacific 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: ▼ -55.21%
• Current HPI: 308.0619
• Rent YoY: ▼ -2.51%
• 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

+1605.9% since first listed

12 events — show timeline

• 2026-03-10 Price Changed $87,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-26 Listed $89,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-06 Sold (Public Records) $96,000 Public Records
• 2024-04-22 Sold (MLS) $96,000 Stellar MLS as Distributed by MLS Grid
• 2024-03-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-03-20 Listed $99,500 Stellar MLS as Distributed by MLS Grid
• 1995-02-03 Sold (Public Records) $24,500 Public Records
• 1992-04-01 Sold (Public Records) $22,500 Public Records
• 1983-11-01 Sold (Public Records) $19,000 Public Records
• 1974-01-01 Sold (Public Records) $5,100 Public Records

Property tax history

+5.9%/yr

Latest (2025): $1,408 · +13.3% YoY. Source: county tax records.