35826 Pradera Dr · Zephyrhills West, FL 33541

$174,900

3 bd · 2.0 ba · 1,296 sqft · Manufactured public records · 227 Days on market

Built 1983 5,264 sqft lot Est $161k · 9% over $41/mo HOA · 2% 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 +27.5/30.0
• DSCR +9.6/10.0
• 1% rule +6.6/10.0
• Schools +4.3/10.0
• ARV discount +3.5/15.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Move-in-Ready || Corner Lot across from Clubhouse & Pool || Modern Remodel || Open Floor Plan || Very Large 1296 square feet + 628 square feet of Bonus: Sunroom, Porch & Workshop || Low $500/year HOA || You Own Home & Lot MOVE-IN-READY 2 bed / 2 bath just steps to the clubhouse, shuffleboard, and pool — perfect for an easy, social Florida lifestyle. Wide open floor plan with coordinated plush furniture (includes Havertys, Lazyboy, Luxury Vinyl Plank, Cali King Bed, etc. .. ) throughout that feels stylish and welcoming. Enclosed porch is set up for sports night on TV and evening chats, and the sunny sunroom is ready for hobbies, cards, or reading while you ov

Key facts

• Built in storage
• Ensuite bath
• Desk nook

Tags

• CORNER LOT
• BUILT IN STORAGE
• WALK IN PANTRY
• DESK NOOK
• FULL APPLIANCE PACKAGE
• ENSUITE BATH

Property features AI

Finance

• Other: Total annual fees reported $500
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (annual fee $500; approx. $41.67/month); Association amenities: Pool, Shuffleboard court, Clubhouse, Association-owned recreation; Deed restrictions; Seller/association requires buyer approval; Senior community — pets not allowed

Exterior

• Parking: Carport (1 space)
• Security: Buyer/association approval required
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; High-speed internet available (BB/HS)
• Home design: Manufactured double-wide home; Single-story; Faces north
• Construction: Metal roof; Other construction materials; Crawlspace foundation; Built as one-level home
• Exterior features: Covered, enclosed, front and side porches; Exterior lighting; Rain gutters; Sliding doors; Outdoor storage; Mature landscaping; Paved lot

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Wall/window unit(s)
• Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Open floorplan; Vaulted ceilings; Walk-in closets; Florida room
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $175k.

Deal economics

• At list price, monthly cash flow is $518 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 7.8% in Zephyrhills West — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 61/100 on livability (#772 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, employment 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: Chester W. Taylor Jr. Elementary School (math 33% / reading 37%, grade F, #1,697 of 2,144 statewide, top 80%, 654 students, 77% FRL); Zephyrhills High School (math 35% / reading 37%, grade F, #359 of 667 statewide, top 55%, 1,656 students, 70% FRL) — zoned schools average 73% FRL vs 48% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 36% at this address vs 51% district-wide (-16 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.5%/yr); 856 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• This rent runs 43% 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 $5k 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

• It's been on market 227 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $64k; list at $175k implies a 171% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $153,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 227 days. Have you received any prior offers? Is the seller open to a 12% 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.16% ✓
• Cap rate: 9.84%
• Cash-on-cash: 12.68%
• DSCR: 1.56
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $160,704
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35429 Chambers Dr	0.51mi	3/2.0	1,260 (-3%)	15mo	$253,000	$201	58
5339 Montego Dr	0.70mi	2/2.0 (-1)	1,248 (-4%)	4mo	$160,000	$128	53
36052 Aster Ave	0.62mi	2/2.0 (-1)	1,290 (-0%)	15mo	$160,000	$124	53
5245 Seville Dr	0.66mi	3/2.0	1,374 (+6%)	13mo	$144,900	$105	48
35444 Darlene Dr	0.61mi	3/2.0	1,464 (+13%)	5mo	$136,000	$93	46
35148 Ada Ave	0.70mi	2/2.0 (-1)	1,152 (-11%)	2mo	$89,900	$78	43
36408 Teakwood Ave	0.62mi	3/2.0	1,152 (-11%)	14mo	$190,000	$165	41
5324 Seville Dr	0.72mi	2/2.0 (-1)	1,160 (-10%)	5mo	$140,000	$121	40

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: -0.8%
• Equity multiple: 0.97×
• Total profit: $-1,386
• Equity at exit: $26,078

10-year hold

• IRR: 5.7%
• Equity multiple: 1.37×
• Total profit: $18,012
• Equity at exit: $15,122

Cash invested: $48,972 (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 33541

• Home prices YoY: -15.2%
• Rents YoY: -2.5%
• Active inventory: 856
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,036 high
• Mortgage (P&I): −$917
• Tax from tax record: −$60 /mo · $715/yr
• Insurance: −$73
• HOA: −$41
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $518

Break-even live

Break-even rent $1,381

Max offer price $174,900

Occupancy floor 70%

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: $43,725
• Closing costs: $5,247
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35940 Inspiration Dr Zephyrhills, FL	1.0–3.0	1.0–2.0	1034	$1,988	$1.92	2d	21	0.36mi
36618 Goffaux Loop Zephyrhills, FL	4.0	2.0	1846	$2,115	$1.15	17d	1	0.76mi
4111 Ryals Rd Zephyrhills, FL	4.0	3.0	1216	$2,195	$1.81	3d	1	0.85mi
5686 Barakat Rd Zephyrhills, FL	4.0	2.0	1867	$2,250	$1.21	14d	1	0.85mi
5686 Barakat Rd Zephyrhills, FL	4.0	2.0	1828	$2,300	$1.26	24d	1	0.85mi
5019 Coopers Hawk Pl Zephyrhills, FL	3.0	2.0	1456	$1,699	$1.17	10d	1	0.98mi
36106 Lake Chase Blvd #102 Zephyrhills, FL	3.0	2.0	1170	$1,650	$1.41	4d	1	1.07mi
36106 Lake Chase Blvd Zephyrhills, FL	3.0	2.0	1325	$1,700	$1.28	24d	1	1.07mi
34747 Double Eagle Ct Zephyrhills, FL	2.0	2.0	1308	$1,650	$1.26	17d	1	1.07mi
34873 Robins Song Rd Zephyrhills, FL	3.0	2.0	1575	$1,749	$1.11	2d	1	1.07mi
36009 Deer Creek Dr #104 Zephyrhills, FL	2.0	2.0	1029	$1,450	$1.41	24d	1	1.09mi
34652 Blue Starling St Zephyrhills, FL	3.0	2.0	1352	$1,650	$1.22	4d	1	1.11mi
36015 Deer Creek Dr #202 Zephyrhills, FL	2.0	2.0	1062	$1,450	$1.37	24d	1	1.12mi
34796 Robins Song Rd Zephyrhills, FL	3.0	2.0	1575	$1,799	$1.14	19d	1	1.15mi
5914 Willow Ridge Dr #101 Zephyrhills, FL	2.0	2.0	987	$1,500	$1.52	24d	1	1.15mi
36243 Lake Chase Blvd #203 Zephyrhills, FL	3.0	2.0	1278	$1,775	$1.39	24d	1	1.17mi
36321 Stonewood Ln #103 Zephyrhills, FL	2.0	2.0	987	$1,525	$1.55	24d	1	1.19mi
34325 Smart Dr Zephyrhills, FL	3.0	2.0	1505	$2,065	$1.37	3d	1	1.29mi
36232 Lanier Oaks Pt , FL	3.0	2.0	1325	$1,700	$1.28	24d	1	1.29mi
34916 Mulrion Dr Zephyrhills, FL	3.0	2.0	1516	$2,100	$1.39	24d	1	1.29mi
35138 Meadow Reach Dr Zephyrhills, FL	3.0	2.0	1573	$2,500	$1.59	24d	1	1.39mi
6213 Back Forty Loop Zephyrhills, FL	4.0	2.5	1870	$2,395	$1.28	4d	1	1.42mi
37373 Sharks Eye Ln Zephyrhills, FL	3.0	2.0	1560	$2,200	$1.41	10d	1	1.45mi

HOA detail

• Monthly dues: $41 · $492/yr
• Likely covers: pool

Listing history 17 events

1. 2026-06-18
   days on market $174,900 Active 227 DOM
2. 2026-06-17
   days on market $174,900 Active 226 DOM
3. 2026-06-16
   days on market $174,900 Active 225 DOM
4. 2026-06-15
   days on market $174,900 Active 224 DOM
5. 2026-06-13
   days on market $174,900 Active 222 DOM
6. 2026-06-09
   days on market $174,900 Active 218 DOM
7. 2026-06-08
   days on market $174,900 Active 217 DOM
8. 2026-06-07
   days on market $174,900 Active 216 DOM
9. 2026-06-04
   days on market $174,900 Active 213 DOM
10. 2026-06-03
    days on market $174,900 Active 212 DOM
11. 2026-06-02
    days on market $174,900 Active 211 DOM
12. 2026-06-01
    days on market $174,900 Active 210 DOM
13. 2026-05-31
    days on market $174,900 Active 209 DOM
14. 2026-03-19
    price $174,900
15. 2025-11-03
    listed $159,900 Active
16. 2002-10-21
    soldstatus $64,500
17. 2001-12-05
    soldstatus $63,900

ⓘ 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: $715 · $60/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$737/yr (+$61/mo · 103.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,428
• − Mortgage interest: −$9,797
• − Property taxes: −$715
• − Insurance: −$874
• − Repairs & maintenance: −$1,954
• − Management: −$1,954
• − HOA: −$492
• − Depreciation: −$5,088
• Taxable income: $3,553
• Est. tax owed @ 24.0%: −$853
• After-tax cash flow: $5,358/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 — Zephyrhills West

• Score: 61/100
• State rank: #772
• US rank: #17403

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Zephyrhills West, 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

+173.7% since first listed

4 events — show timeline

• 2026-03-19 Price Changed $174,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-03 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2002-10-21 Sold (Public Records) $64,500 Public Records
• 2001-12-05 Sold (Public Records) $63,900 Public Records

Property tax history

+2.0%/yr

Latest (2025): $715 · +2.1% YoY. Source: county tax records.