6362 Enterprise Dr · Hill 'n Dale, FL 34602

$255,000

3 bd · 2.0 ba · 1,122 sqft · SingleFamily public records · 6 Days on market

Built 2018 7,529 sqft lot Est $238k · 7% over

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Why this score? — see what drove the D- 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 +13.7/30.0
• ARV discount +4.3/15.0
• Schools +4.2/10.0
• DSCR +4.1/10.0
• 1% rule +3.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

One or more photo(s) has been virtually staged. Beautifully updated home ready for immediate move-in! Featuring updated paint and flooring throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The open floor plan maximizes the square footage with the family room flowing effortlessly into the functional kitchen for easy entertaining and comfortable living. Even novice chefs will be inspired by the modern kitchen with sleek quartz countertops, updated stainless steel appliances, and a breakfast bar for a clutter-free dining option! The primary bedroom boasts a walk-in closet and an en-suite bathroom where you can begin and end each day in peace and privacy. Perfectly placed on a fully fenced lot with plenty of room for some fun in the sun, this is everything you have been searching for and more. Don't miss out, schedule your showing today!

Key facts

• Functional kitchen
• Attached garage
• Private bath

Tags

• OPEN CONCEPT FLOOR PLAN
• FUNCTIONAL KITCHEN
• SPLIT BEDROOM LAYOUT
• PRIVATE BATH
• ATTACHED GARAGE
• SPACIOUS LOT

Property features AI

Finance

• Other: Property is sold unfurnished; Direction faces northeast
• Financial info: No CDD; Not homesteaded

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Septic tank; Broadband/High-speed internet available; Cable available; Electricity available
• Home design: Single family residence; One story; Faces northeast; Residential property
• Construction: Block and stucco construction; Other roof type; Other foundation details; Built on a lot approximately 0.17 acres (75 x 95)
• Exterior features: Sidewalk; Sliding doors

Interior

• Kitchen: Built-in oven; Convection oven; Dishwasher; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Eat-in kitchen; High ceilings with vaulted ceiling(s); Walk-in closet(s)
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $19 ($225/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (11.2% below list).
• Recommended offer: $226k (11.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Zoned schools: Eastside Elementary School (math 37% / reading 32%, grade F, #1,709 of 2,144 statewide, top 81%, 737 students, 73% FRL); D. S. Parrott Middle School (math 40% / reading 40%, grade F, #368 of 571 statewide, top 65%, 835 students, 67% FRL); Hernando High School (math 42% / reading 42%, grade F, #275 of 667 statewide, top 42%, 1,299 students, 58% FRL).
• Market conditions: 187 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 22y 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.

Risks & watch-outs

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

Recommended offer $226,469 (11.2% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.89% ✗
• Cap rate: 6.38%
• Cash-on-cash: 0.32%
• DSCR: 1.01
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $237,864
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27009 Anthony Ave	0.14mi	3/2.0	1,093 (-3%)	4mo	$239,999	$220	86
6399 Raley Rd	0.25mi	3/2.0	1,091 (-3%)	1mo	$237,000	$217	83
27176 Wakefield Dr	0.24mi	3/1.0	1,141 (+2%)	2mo	$208,000	$182	80
26412 MC Allister St	0.29mi	3/2.0	1,093 (-3%)	3mo	$250,000	$229	80
26359 Eahnestock St	0.46mi	3/2.0	1,091 (-3%)	0mo	$210,000	$192	74
27168 Fernery Ave	0.23mi	3/2.0	1,000 (-11%)	1mo	$190,000	$190	70
27083 Roper Rd	0.18mi	3/1.5	1,000 (-11%)	4mo	$190,000	$190	68
27200 Fernery Ave	0.29mi	3/1.5	1,000 (-11%)	3mo	$212,000	$212	64
6155 Sumter Dr	0.43mi	2/1.0 (-1)	1,042 (-7%)	1mo	$127,000	$122	58
6070 Honeysuckle Ln	0.63mi	2/1.0 (-1)	1,160 (+3%)	3mo	$255,000	$220	54
6355 Crestview Dr	0.63mi	2/1.0 (-1)	1,056 (-6%)	1mo	$190,200	$180	51
27385 Azen Loop	0.56mi	3/2.0	960 (-14%)	4mo	$222,000	$231	46

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: -15.8%
• Equity multiple: 0.44×
• Total profit: $-40,087
• Equity at exit: $38,021

10-year hold

• IRR: -7.3%
• Equity multiple: 0.53×
• Total profit: $-33,210
• Equity at exit: $22,048

Cash invested: $71,400 (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 34602

• Home prices YoY: -21.1%
• Active inventory: 187
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,265 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$327 /mo · $3,922/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $19

Break-even live

Break-even rent $2,241

Max offer price $255,000

Occupancy floor 94%

Sensitivity live

Price	-10% $163	-5% $91	+0% $19	+5% $-53	+10% $-126
Rent	-10% $-160	-5% $-71	+0% $19	+5% $108	+10% $198
Rate	-1.0pp $147	-0.5pp $84	base $19	+0.5pp $-47	+1.0pp $-115

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6367 Enterprise Dr Unit 1234457P Brooksville, FL	3.0	2.0	1119	$3,367	$3.01	1d	1	0.04mi
27008 Anthony Ave Brooksville, FL	3.0	2.0	1043	$1,795	$1.72	26d	1	0.13mi
27103 Frampton Ave Brooksville, FL	2.0	2.0	1176	$1,700	$1.45	26d	1	0.13mi
27108 Simona Ave Brooksville, FL	3.0	1.0	1092	$1,700	$1.56	26d	1	0.16mi

Listing history 5 events

1. 2026-06-21
   days on market $255,000 Active 6 DOM
2. 2026-06-18
   days on market $255,000 Active 3 DOM
3. 2026-06-17
   days on market $255,000 Active 2 DOM
4. 2026-06-15
   remarks 693-char remark
5. 2026-06-15
   listed $255,000 Active 1 DOM

ⓘ 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: $3,922 · $327/mo
• Projected year-2 tax: $3,922 · $327/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 6/10 Major
• 🌡 Heat 9/10 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,176
• − Mortgage interest: −$14,284
• − Property taxes: −$3,922
• − Insurance: −$1,275
• − Repairs & maintenance: −$2,174
• − Management: −$2,174
• − Depreciation: −$7,418
• Taxable loss: −$4,071
• Est. tax savings @ 24.0%: +$977
• After-tax cash flow: $1,202/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 — Hill 'n Dale

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Hill 'n Dale, FL
• Population (ZIP): 10,391

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 (71%)
• Race & ethnicity: White 71% Hispanic / Latino 14% Black 11% Two or more races 7%
• Hispanic origin (detail): Mexican 5% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 1%
• Foreign-born: 5% · Canada, Dominican Republic, China
• Languages at home: 90% English-only · Spanish 8%

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: ▼ -75.28%
• Current HPI: 282.3728
• Rent YoY: —
• Metro: —
• 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

+420.4% since first listed

27 events — show timeline

• 2026-06-15 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-13 Price Changed $272,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-30 Listed $274,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-24 Pending — HCAR
• 2022-10-19 Sold (MLS) $299,999 St. Augustine and St. Johns County Board of REALTORS®
• 2022-10-19 Sold (MLS) $299,999 HCAR
• 2022-10-18 Sold (Public Records) $300,000 Public Records
• 2022-10-17 Sold (MLS) $300,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-09-07 Listed $299,999 St. Augustine and St. Johns County Board of REALTORS®
• 2022-09-07 Listed $299,999 HCAR
• 2022-09-06 Price Changed $299,999 Stellar MLS as Distributed by MLS Grid
• 2022-08-02 Listed $309,000 Stellar MLS as Distributed by MLS Grid
• 2022-01-27 Sold (MLS) $257,000 Stellar MLS as Distributed by MLS Grid
• 2021-12-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-12-10 Price Changed $260,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-04 Listed $240,000 Stellar MLS as Distributed by MLS Grid
• 2019-03-14 Sold (MLS) $160,000 Stellar MLS as Distributed by MLS Grid
• 2018-09-07 Listed $165,900 Stellar MLS as Distributed by MLS Grid
• 2017-12-18 Sold (Public Records) $1,705,300 Public Records
• 2008-04-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-07-16 Listed $41,170 Stellar MLS as Distributed by MLS Grid
• 2006-01-13 Sold (Public Records) $1,107,000 Public Records
• 2004-09-30 Sold (MLS) $4,000 HCAR
• 2004-06-21 Listed $5,000 HCAR
• 1991-05-01 Sold (Public Records) $38,500 Public Records
• 1991-03-01 Sold (Public Records) $49,000 Public Records

Property tax history

+32.9%/yr

Latest (2025): $3,922 · +5.2% YoY. Source: county tax records.