2335 N Loma Pt · Hernando, FL 34442

$149,900

3 bd · 2.0 ba · 1,404 sqft · Manufactured public records · 104 Days on market

Built 1998 0.29 ac lot Est $166k · 10% under $80/mo HOA · 4% of rent

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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 +27.9/30.0
• ARV discount +11.8/15.0
• DSCR +9.9/10.0
• 1% rule +8.1/10.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the quiet 55+ community of Las Brisas, this spacious home offers a heated community pool and a clubhouse with low HOA fees. The layout features three bedrooms, each with a walk-in closet, a large living area with plenty of natural light, plus an inside laundry area for added convenience. The primary bedroom has a roomy en suite bathroom with a jetted tub and stand-up shower. The kitchen includes a breakfast bar and eat-in booth and is adjacent to the formal dining room. The back door opens to a Florida Room which overlooks a large back yard. Conveniently located near shopping and everyday amenities.

Key facts

• Clubhouse
• Walk-in closet
• Florida room

Tags

• HEATED COMMUNITY POOL
• CLUBHOUSE
• WALK-IN CLOSET
• FLORIDA ROOM
• LARGE BACK YARD

Property features AI

Finance

• Other: Partially furnished; Total living area reported as 1,404 sq ft (public records); Building area reported as 2,144 sq ft (public records)
• HOA & community: Las Brisas association with required approval; Monthly HOA fee of $80 (includes pool); Community clubhouse and pool; Deed restrictions; Senior community; Pets allowed: cats and dogs

Exterior

• Parking: Has carport (1 space)
• Utilities: Public water; Septic tank; Electricity connected; Cable available; Broadband/high-speed internet available; Water connected
• Home design: Manufactured double-wide home; One story; Faces west; Entry on main level
• Construction: Vinyl siding; Metal and shingle roof; Pillar/post/pier foundation; Double wide manufactured construction
• Exterior features: Front porch; Fire pit; Private mailbox; Storage shed(s); Asphalt/paved road access; Lot about 0.29 acres (approx. 70 x 141)

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Walk-in closets; Inside utility/additional room
• Laundry & utility: Washer hookup inside; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $461 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $136k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 5.6% in Hernando — 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 71/100 on livability (#402 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 444 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).
• This rent runs 41% of the median local income ($57k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 104 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; list at $150k implies a 76% gain — meaningful room to come down on a strong offer.

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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,409 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.31% ✓
• Cap rate: 9.98%
• Cash-on-cash: 13.17%
• DSCR: 1.59
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $165,672
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2350 N Loma Pt	0.04mi	2/2.0 (-1)	1,402 (-0%)	8mo	$125,000	$89	87
2285 N Loma Pt	0.06mi	2/2.0 (-1)	1,248 (-11%)	1mo	$162,000	$130	73
2315 N Loma Pt	0.04mi	3/2.0	1,296 (-8%)	20mo	$169,000	$130	69
2615 E Monte Ct	0.10mi	2/2.0 (-1)	1,568 (+12%)	3mo	$185,000	$118	69
2211 N Croft Ave	0.33mi	3/2.0	1,596 (+14%)	2mo	$150,000	$94	60
1771 N Croft Ave	0.63mi	3/2.0	1,296 (-8%)	9mo	$283,900	$219	51
1854 N Watkins Pt	0.69mi	4/2.0 (+1)	1,344 (-4%)	7mo	$113,000	$84	50

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: 3.2%
• Equity multiple: 1.12×
• Total profit: $5,115
• Equity at exit: $22,351

10-year hold

• IRR: 12.7%
• Equity multiple: 2.01×
• Total profit: $42,496
• Equity at exit: $12,961

Cash invested: $41,972 (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 34442

• Home prices YoY: -21.9%
• Active inventory: 444
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,965 high
• Mortgage (P&I): −$786
• Tax from tax record: −$163 /mo · $1,956/yr
• Insurance: −$62
• HOA: −$80
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $461

Break-even live

Break-even rent $1,382

Max offer price $149,900

Occupancy floor 72%

Sensitivity live

Price	-10% $546	-5% $503	+0% $461	+5% $418	+10% $376
Rent	-10% $305	-5% $383	+0% $461	+5% $538	+10% $616
Rate	-1.0pp $536	-0.5pp $499	base $461	+0.5pp $422	+1.0pp $382

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2500 E Modern Ct Unit 4 Hernando, FL	2.0	1.0	950	$1,200	$1.26	21d	1	0.23mi
2961 E Brigadoon Ct Hernando, FL	4.0	2.0	1620	$2,300	$1.42	21d	1	0.52mi
2675 N Canterbury Lake Dr Hernando, FL	3.0	2.0	1855	$2,000	$1.08	21d	1	0.76mi
3723 N Chandler Dr Hernando, FL	3.0	2.0	1726	$2,400	$1.39	21d	1	1.06mi
2858 E Marcia St Inverness, FL	4.0	2.0	1790	$2,500	$1.40	21d	1	1.23mi
1471 E Saint James Loop Inverness, FL	3.0	2.0	1228	$1,700	$1.38	21d	1	1.41mi

HOA detail

• Monthly dues: $80 · $960/yr
• Likely covers: pool

Listing history 22 events

1. 2026-06-19
   days on market $149,900 Active 104 DOM
2. 2026-06-18
   days on market $149,900 Active 103 DOM
3. 2026-06-17
   days on market $149,900 Active 102 DOM
4. 2026-06-16
   days on market $149,900 Active 101 DOM
5. 2026-06-15
   days on market $149,900 Active 100 DOM
6. 2026-06-14
   days on market $149,900 Active 98 DOM
7. 2026-06-13
   days on market $149,900 Active 97 DOM
8. 2026-06-09
   days on market $149,900 Active 94 DOM
9. 2026-06-08
   days on market $149,900 Active 93 DOM
10. 2026-06-03
    days on market $149,900 Active 88 DOM
11. 2026-06-02
    days on market $149,900 Active 87 DOM
12. 2026-06-01
    days on market $149,900 Active 86 DOM
13. 2026-05-31
    days on market $149,900 Active 85 DOM
14. 2026-05-30
    days on market $149,900 Active 84 DOM
15. 2026-04-09
    price $149,900
16. 2026-03-14
    listed $169,900 Active 617-char remark

    Show marketing remark (617 chars)

    Located in the quiet 55+ community of Las Brisas, this spacious home offers a heated community pool and a clubhouse with low HOA fees. The layout features three bedrooms, each with a walk-in closet, a large living area with plenty of natural light, plus an inside laundry area for added convenience. The primary bedroom has a roomy en suite bathroom with a jetted tub and stand-up shower. The kitchen includes a breakfast bar and eat-in booth and is adjacent to the formal dining room. The back door opens to a Florida Room which overlooks a large back yard. Conveniently located near shopping and everyday amenities.

17. 2026-03-07
    listed $169,900 Active
18. 2020-03-12
    soldstatus $85,000
19. 2008-05-05
    soldstatus $70,000
20. 2008-04-30
    soldstatus $70,000 571-char remark

    Show marketing remark (571 chars)

    Fantastic Homes of Merit doublewide mobile home in Las Brisas 55+ community. Covenient location to Hernando & Inverness to Wal-Mart, Lowes & restaurants. Community clubhouse, pool & shuffleboard. Underground electric and central water. Great for year round living or winter home. 3BR/2BA with 12 x 32 carport. Spacious master suite with garden tub & shower. Eat in kitchen with breakfast bar. Built in china cabinet. 8 x 16 covered front porch. 12 x 16 enclosed rear porch. 10 x 12 shed with electric and work bench. Nice live oak trees for shade.

21. 2007-07-17
    listed $73,900 571-char remark

    Show marketing remark (571 chars)

    Fantastic Homes of Merit doublewide mobile home in Las Brisas 55+ community. Covenient location to Hernando & Inverness to Wal-Mart, Lowes & restaurants. Community clubhouse, pool & shuffleboard. Underground electric and central water. Great for year round living or winter home. 3BR/2BA with 12 x 32 carport. Spacious master suite with garden tub & shower. Eat in kitchen with breakfast bar. Built in china cabinet. 8 x 16 covered front porch. 12 x 16 enclosed rear porch. 10 x 12 shed with electric and work bench. Nice live oak trees for shade.

22. 2002-10-15
    soldstatus $59,800

ⓘ 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: $1,956 · $163/mo
• Projected year-2 tax: $1,956 · $163/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) · 73% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,579
• − Mortgage interest: −$8,397
• − Property taxes: −$1,956
• − Insurance: −$750
• − Repairs & maintenance: −$1,886
• − Management: −$1,886
• − HOA: −$960
• − Depreciation: −$4,361
• Taxable income: $3,383
• Est. tax owed @ 24.0%: −$812
• After-tax cash flow: $4,716/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: Citrus
• NCES district ID: 1200270
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $38,618
• Composite: 41.28/100
• National rank: #3519
• State rank: #44 of 73 in FL

Livability — Hernando

• Score: 71/100
• State rank: #402
• US rank: #7137

Category grades

Amenities F 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

• Census place: Hernando, FL
• County: Citrus County · 111,314 people
• City population: 17,281
• Metro: Homosassa Springs, FL
• Population (ZIP): 17,281
• Household income: $57,259
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 314.0

Population outlook (Citrus County) Hauer SSP2

• Today (2025): 138,622 people
• By 2030: 136,886 · -1.3%
• By 2040: 132,009 · -4.8%
• By 2050: 125,196 · -9.7%
• By 2075: 108,570 · -21.7%
• By 2100: 84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 2%
• Common ancestry: Romanian 4% Slovak 4% Lithuanian 3%
• Foreign-born: 8% · Canada, China, South Korea
• Languages at home: 93% English-only · Spanish 3% German/W. Germanic 2% Tagalog/Filipino 1%

Political lean MEDSL · Citrus

• 2024 margin: Solid R (+45.9) · D 26.8% · R 72.6%
• 2008→2024 swing: -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.70%
• Current HPI: 273.3262
• Rent YoY: —
• Metro: Homosassa Springs, 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

+150.7% since first listed

8 events — show timeline

• 2026-04-09 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-14 Listed $169,900 RACC
• 2026-03-07 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2020-03-12 Sold (Public Records) $85,000 Public Records
• 2008-05-05 Sold (Public Records) $70,000 Public Records
• 2008-04-30 Sold (MLS) $70,000 RACC
• 2007-07-17 Listed $73,900 RACC
• 2002-10-15 Sold (Public Records) $59,800 Public Records

Property tax history

+8.6%/yr

Latest (2025): $1,956 · +12.2% YoY. Source: county tax records.