841 Walker Dr #18 · University, FL 33613

$59,900

2 bd · 2.0 ba · 1,056 sqft · Manufactured · 165 Days on market

Built 2026 Good condition ↓ 15% since listing

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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 +7.5/15.0
• Schools +4.2/10.0
• Livability +4.2/5.0
• Condition / age +4.0/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Chalet Village is an active and exciting 55+ Senior Community. This gorgeous brand new home in Tampa, FL features 2 bedrooms and 2 bathrooms. The living room is spacious and comfortable with premium entry doors, wood style floors, and low-e insulated vinyl windows. The kitchen is perfectly designed and furnished with all new brand name appliances. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

Key facts

• Premium entry doors
• Wood style floors
• Built 2026

Tags

• PREMIUM ENTRY DOORS
• WOOD STYLE FLOORS
• LOW-E INSULATED VINYL WINDOWS
• BRAND NAME APPLIANCES

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $60k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $840 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.1% vs local median 3.8% in University — 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 85/100 on livability (#28 in FL, #603 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Miles Elementary School (math 23% / reading 20%, grade F, #2,091 of 2,144 statewide, top 98%, 675 students, 76% FRL); Buchanan Middle School (math 35% / reading 32%, grade F, #428 of 571 statewide, top 76%, 759 students, 73% FRL); Gaither High School (math 30% / reading 48%, grade F, #312 of 667 statewide, top 48%, 2,123 students, 52% FRL).
• Zoned-school proficiency averages 31% at this address vs 48% district-wide (-17 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.7%/yr); 110 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 43% of the median local income ($44k/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 $414 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 165 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.65% ✓
• Cap rate: 23.12%
• Cash-on-cash: 60.08%
• DSCR: 3.67
• GRM: 3.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 55.4%
• Equity multiple: 3.33×
• Total profit: $39,150
• Equity at exit: $8,931

10-year hold

• IRR: 59.3%
• Equity multiple: 6.07×
• Total profit: $85,083
• Equity at exit: $5,179

Cash invested: $16,772 (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 33613

• Rents YoY: -0.7%
• Active inventory: 110
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,587 high
• Mortgage (P&I): −$314
• Tax est. 1.5%: −$75 /mo · $898/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $840

Break-even live

Break-even rent $524

Max offer price $59,900

Occupancy floor 42%

Sensitivity live

Price	-10% $881	-5% $860	+0% $840	+5% $819	+10% $798
Rent	-10% $714	-5% $777	+0% $840	+5% $902	+10% $965
Rate	-1.0pp $870	-0.5pp $855	base $840	+0.5pp $824	+1.0pp $808

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14524 N Nebraska Ave Unit 204A Tampa, FL	2.0	2.0	1008	$1,650	$1.64	25d	1	0.21mi
14524 N Nebraska Ave Tampa, FL	2.0	2.0	1008	$1,640	$1.63	25d	1	0.21mi
14912 Pinecrest Rd Tampa, FL	3.0	1.0	850	$1,750	$2.06	5d	1	0.31mi
14350 Ambrosia St Tampa, FL	1.0–2.0	1.0–2.0	993	$2,385	$2.40	0d	17	0.35mi
202 Windwood Oaks Dr Tampa, FL	2.0	1.0–2.0	712	$1,762	$2.47	0d	9	0.48mi
1250 Skipper Rd Tampa, FL	1.0–2.0	1.0	650	$1,299	$2.00	25d	1	0.51mi
1112 E 142nd Ave Tampa, FL	3.0	2.0	1120	$1,675	$1.50	25d	2	0.52mi
13944 Sandy Hill Loop Tampa, FL	1.0–2.0	1.0–2.0	755	$1,500	$1.99	0d	4	0.61mi
814 Settlers Rd Tampa, FL	3.0	2.0	1412	$2,200	$1.56	23d	1	0.82mi
1503 E 142nd Ave Tampa, FL	2.0	1.0	900	$1,375	$1.53	14d	1	0.85mi
1503 E 142nd Ave Unit 201 Tampa, FL	2.0	1.0	900	$1,375	$1.53	17d	1	0.85mi
1302 Cooperstown Ct Tampa, FL	1.0–2.0	1.0–2.0	859	$1,583	$1.84	0d	9	0.85mi
14309 N 18th St Tampa, FL	3.0	2.0	1300	$1,950	$1.50	25d	1	0.93mi
13725 Susan Kay Dr Unit DRIVE31-A Tampa, FL	1.0	1.0	700	$1,025	$1.46	23d	1	0.93mi
13725 Susan Kay Dr Unit DRIVE19-B Tampa, FL	2.0	1.5	850	$1,400	$1.65	25d	1	0.93mi
13725 Susan Kay Dr Tampa, FL	1.0	1.0	700	$1,025	$1.46	25d	1	0.93mi
13725 Susan Kay Dr Unit DRIVE35-C Tampa, FL	2.0	2.0	900	$1,475	$1.64	25d	1	0.93mi
13725 Susan Kay Dr Unit DRIVE41-B Tampa, FL	2.0	1.0	825	$1,375	$1.67	25d	1	0.93mi
13725 Susan Kay Dr Tampa, FL	1.0	1.0	700	$1,025	$1.46	12d	1	0.93mi
1810 E 143rd Ave Unit 2 Tampa, FL	3.0	1.0	730	$1,345	$1.84	25d	1	0.94mi
1808 E 143rd Ave Unit 2 Tampa, FL	3.0	2.0	865	$1,850	$2.14	15d	1	0.96mi
1908 E 148th Ave Lutz, FL	3.0	1.0	1400	$750	$0.54	25d	1	1.00mi
13533 Gragston Cir Tampa, FL	1.0–2.0	1.0	662	$1,275	$1.92	6d	6	1.00mi
13617 Fletcher Regency Dr Tampa, FL	1.0–2.0	1.0–2.0	725	$1,525	$2.10	25d	6	1.02mi
13402 Coastal Key Rd Tampa, FL	2.0–4.0	2.0	1109	$1,383	$1.25	0d	9	1.07mi
13911 N 19th St Tampa, FL	1.0–2.0	1.0	757	$1,700	$2.24	15d	8	1.07mi
2124 Oak Chace Ct Tampa, FL	2.0	1.5	1152	$1,650	$1.43	0d	1	1.12mi
2124 Oak Chace Ct Unit 2124 Tampa, FL	2.0	1.5	1152	$1,650	$1.43	5d	1	1.12mi
2031 Pine Chace Ct Tampa, FL	2.0	2.5	1188	$1,595	$1.34	25d	1	1.13mi
2010 E 148th Ave Lutz, FL	3.0	1.5	1250	$1,750	$1.40	25d	2	1.14mi
2010 E 148th Ave Lutz, FL	3.0	1.5	1250	$1,650	$1.32	19d	1	1.14mi
14609 Banyan Bluff Dr Tampa, FL	1.0–2.0	1.0–2.0	868	$1,749	$2.01	3d	16	1.17mi
13234 Bunn Cir Unit G55 Tampa, FL	2.0	1.0	900	$1,600	$1.78	25d	1	1.20mi
13218 Bunn Cir Unit G14 Tampa, FL	2.0	1.0	900	$1,600	$1.78	25d	1	1.22mi
13214 Bunn Cir Tampa, FL	1.0–2.0	1.0	757	$1,425	$1.88	25d	1	1.22mi
2205 Irene St Unit 2 Lutz, FL	2.0	1.0	900	$1,195	$1.33	25d	1	1.24mi
2388 Cedar Trace Cir Tampa, FL	2.0	1.5	926	$1,470	$1.59	3d	1	1.27mi
2454 Cedar Trace Cir Tampa, FL	2.0	1.5	926	$1,470	$1.59	25d	1	1.27mi
2394 Cedar Trace Cir Tampa, FL	2.0	1.5	926	$1,299	$1.40	6d	1	1.27mi
2450 Cedar Trace Cir Tampa, FL	2.0	1.5	926	$1,299	$1.40	6d	1	1.27mi

Listing history 19 events

1. 2026-06-21
   days on market $59,900 Active 165 DOM
2. 2026-06-18
   days on market $59,900 Active 162 DOM
3. 2026-06-17
   days on market $59,900 Active 161 DOM
4. 2026-06-16
   days on market $59,900 Active 160 DOM
5. 2026-06-15
   days on market $59,900 Active 159 DOM
6. 2026-06-13
   days on market $59,900 Active 157 DOM
7. 2026-06-13
   days on market $59,900 Active 156 DOM
8. 2026-06-09
   days on market $59,900 Active 153 DOM
9. 2026-06-08
   days on market $59,900 Active 152 DOM
10. 2026-06-07
    days on market $59,900 Active 151 DOM
11. 2026-06-04
    days on market $59,900 Active 148 DOM
12. 2026-06-03
    days on market $59,900 Active 147 DOM
13. 2026-06-02
    days on market $59,900 Active 146 DOM
14. 2026-06-01
    pricedays on market $59,900 Active 145 DOM
15. 2026-05-31
    days on market $59,400 Active 144 DOM
16. 2026-04-29
    price $59,400 494-char remark

    Show marketing remark (494 chars)

    Chalet Village is an active and exciting 55+ Senior Community. This gorgeous brand new home in Tampa, FL features 2 bedrooms and 2 bathrooms. The living room is spacious and comfortable with premium entry doors, wood style floors, and low-e insulated vinyl windows. The kitchen is perfectly designed and furnished with all new brand name appliances. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

17. 2026-03-26
    price $64,400 494-char remark

    Show marketing remark (494 chars)

    Chalet Village is an active and exciting 55+ Senior Community. This gorgeous brand new home in Tampa, FL features 2 bedrooms and 2 bathrooms. The living room is spacious and comfortable with premium entry doors, wood style floors, and low-e insulated vinyl windows. The kitchen is perfectly designed and furnished with all new brand name appliances. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

18. 2026-02-01
    price $69,400 494-char remark

    Show marketing remark (494 chars)

    Chalet Village is an active and exciting 55+ Senior Community. This gorgeous brand new home in Tampa, FL features 2 bedrooms and 2 bathrooms. The living room is spacious and comfortable with premium entry doors, wood style floors, and low-e insulated vinyl windows. The kitchen is perfectly designed and furnished with all new brand name appliances. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

19. 2026-01-07
    listed $69,900 Active 494-char remark

    Show marketing remark (494 chars)

    Chalet Village is an active and exciting 55+ Senior Community. This gorgeous brand new home in Tampa, FL features 2 bedrooms and 2 bathrooms. The living room is spacious and comfortable with premium entry doors, wood style floors, and low-e insulated vinyl windows. The kitchen is perfectly designed and furnished with all new brand name appliances. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,043
• − Mortgage interest: −$3,355
• − Property taxes: −$898
• − Insurance: −$300
• − Repairs & maintenance: −$1,523
• − Management: −$1,523
• − Depreciation: −$1,743
• Taxable income: $9,701
• Est. tax owed @ 24.0%: −$2,328
• After-tax cash flow: $7,749/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This brand new manufactured home in Tampa, FL is move-in ready with a fresh exterior and interior, new appliances, and a well-maintained landscape. It offers a good investment opportunity with potential for further value enhancement through minor updates.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value.
• Both Add a small outdoor seating area — A cozy outdoor space can attract buyers and renters.
• Both Install smart home features — Smart home features can increase both resale and rental value by adding modern conveniences.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value. ↑
• Both Add a small outdoor seating area — A cozy outdoor space can attract buyers and renters. ↑
• Both Install smart home features — Smart home features can increase both resale and rental value by adding modern conveniences. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — University

• Score: 85/100
• State rank: #28
• US rank: #603

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: University, FL
• County: Hillsborough County · 1,540,968 people
• City population: 41,570
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 37,591
• Household income: $44,032
• Rent vs Own: 68.1% rent · 31.9% own
• Severe rent burden: 4426.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 39% Hispanic / Latino 35% Black 18% Two or more races 16% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 9% Puerto Rican 9% Cuban 6% Dominican 2%
• Common ancestry: Hispanic 2% Lithuanian 1% Slovak 1%
• Foreign-born: 24% · Canada, China, Jamaica
• Languages at home: 62% English-only · Spanish 28% French/Haitian/Cajun 3% Other Indo-European 2%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -329.59%
• Current HPI: 367.4057
• Rent YoY: ▼ -0.69%
• 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

-15.0% since first listed

4 events — show timeline

• 2026-04-29 Price Changed $59,400 Zillow
• 2026-03-26 Price Changed $64,400 Zillow
• 2026-02-01 Price Changed $69,400 Zillow
• 2026-01-07 Listed $69,900 Zillow