5427 Seville Dr · Zephyrhills West, FL 33541

$139,900

3 bd · 2.0 ba · 960 sqft · Manufactured public records · 86 Days on market

Built 1984 4,505 sqft lot Est $148k · 5% under $66/mo HOA · 3% 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 +29.2/30.0
• DSCR +10.0/10.0
• ARV discount +9.9/15.0
• 1% rule +8.8/10.0
• Schools +4.3/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Pack your bags and come enjoy the beautiful Florida sunshine in Oaks Royal Phase III (PET FREINDLY), active 55+ community where you own your land. This 2BR/2BA double wide home with many nice updates including new flooring and painting could be your seasonal or forever home. Great location. Back of the home faces west with no neighbors behind you so you can enjoy the beautiful sunsets. You enter through the 12x21 screen room which offers great additional entertaining space. The laundry, workshop and golf cart garage are just off this room. The kitchen offers ample counter and cupboard space and ceramic tile floor and has a breakfast bar for added eating space. The dining room has built-in China cupboard and waterproof Pergo plank flooring which flows into the spacious living room with ceiling fan and access to the Florida room which offers extra space for relaxation and entertaining. The master bedroom is a very comfortable space with newer carpet, ceiling fan, walk-in closet and en suite bathroom. The master bathroom has a step-in shower and tile floor. Bedroom two is big enough for a queen size bed, carpet, ceiling fan and double closet. Conveniently located across the hall is the main bathroom with tile floor and tub/shower combo. The AC is 2011. The home has a metal roof-over. The home will not last long, so schedule your appointment today before it's gone!

Key facts

• Screened room
• Laundry room
• New flooring

Tags

• OWN YOUR LAND
• NEW FLOORING
• FRESH INTERIOR PAINT
• WEST FACING EXPOSURE
• SCREENED ROOM
• LAUNDRY ROOM

Property features AI

Finance

• Other: Directions: Traveling east on SR54, turn left onto Dean Dairy Rd. Turn left onto Malibu Way. Continue to Seville Dr. Home is on right.
• Financial info: Furnished; Total annual fees $800
• HOA & community: HOA required (monthly fee); Monthly HOA approximately $66.67 (annual $800); Association amenities include pool, clubhouse, recreation facilities, basketball and shuffleboard courts, spa/hot tub; Association-owned recreation; Deed restrictions; Golf carts allowed; Sidewalks and street lights; Senior community; Pets allowed (cats and dogs, size limit up to 20 lbs)

Exterior

• Parking: Covered parking; Driveway; 1-car carport
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Broadband/High-speed internet available; Water connected; Sewer connected
• Home design: Residential manufactured home (double wide); Single-story; Multi/split levels; East-facing
• Construction: Vinyl siding; Membrane roof; Crawlspace foundation; Built in (manufactured home)
• Exterior features: Enclosed screened patio/porch; Hurricane shutters; Rain gutters; Sidewalk; Sliding doors; Exterior storage; Storage building; Workshop; Mature landscaping with trees; Level lot; Paved surfaces

Interior

• Kitchen: Dishwasher; Microwave; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Linoleum; Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Open floor plan; Thermostat; Walk-in closet(s); Window treatments
• Laundry & utility: Washer; Dryer; Dedicated laundry room; Outside laundry access

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $489 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 7.8% in Zephyrhills West — 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 61/100 on livability (#772 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D-, 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).
• 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 $967 of loan paydown is wiped out by about $4k 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 86 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y 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; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% 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: 1.38% ✓
• Cap rate: 10.49%
• Cash-on-cash: 14.98%
• DSCR: 1.67
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $147,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5341 Powhattan St	0.26mi	2/2.0 (-1)	960 (0%)	3mo	$170,000	$177	81
5619 Dakota St	0.31mi	2/2.0 (-1)	960 (0%)	3mo	$175,000	$182	78
5248 Antigua Dr	0.17mi	2/2.0 (-1)	1,036 (+8%)	1mo	$129,500	$125	73
36620 Kay Ave	0.35mi	2/2.0 (-1)	1,008 (+5%)	1mo	$220,000	$218	70
36708 Niles Dr	0.38mi	2/2.0 (-1)	1,008 (+5%)	2mo	$155,000	$154	67
37024 8th Ave	0.74mi	2/2.0 (-1)	960 (0%)	2mo	$45,000	$47	59
36816 Hibiscus Ct	0.51mi	2/2.0 (-1)	1,040 (+8%)	3mo	$140,000	$135	55
36827 Grace Ave	0.52mi	2/2.0 (-1)	1,056 (+10%)	4mo	$134,000	$127	51
4912 Dorado St	0.70mi	2/2.0 (-1)	888 (-8%)	2mo	$144,000	$162	48
36905 Kay Ave	0.59mi	2/2.0 (-1)	864 (-10%)	4mo	$148,500	$172	47
36946 Grace Ave	0.66mi	2/1.5 (-1)	1,063 (+11%)	0mo	$135,000	$127	44
5722 Pawnne St	0.70mi	2/2.0 (-1)	869 (-10%)	4mo	$48,500	$56	44

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: 2.0%
• Equity multiple: 1.07×
• Total profit: $2,895
• Equity at exit: $20,860

10-year hold

• IRR: 8.2%
• Equity multiple: 1.54×
• Total profit: $21,076
• Equity at exit: $12,096

Cash invested: $39,172 (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: 6.0×

Monthly cashflow live

• Estimated rent: $1,928 high
• Mortgage (P&I): −$734
• Tax from tax record: −$176 /mo · $2,114/yr
• Insurance: −$58
• HOA: −$66
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $489

Break-even live

Break-even rent $1,309

Max offer price $139,900

Occupancy floor 70%

Sensitivity live

Price	-10% $568	-5% $529	+0% $489	+5% $449	+10% $410
Rent	-10% $337	-5% $413	+0% $489	+5% $565	+10% $641
Rate	-1.0pp $559	-0.5pp $525	base $489	+0.5pp $453	+1.0pp $416

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5914 Willow Ridge Dr #101 Zephyrhills, FL	2.0	2.0	987	$1,500	$1.52	25d	1	0.44mi
36321 Stonewood Ln #103 Zephyrhills, FL	2.0	2.0	987	$1,525	$1.55	25d	1	0.47mi
36801 Camelia Ct Zephyrhills, FL	2.0	2.0	864	$1,350	$1.56	25d	1	0.48mi
35940 Inspiration Dr Zephyrhills, FL	1.0–3.0	1.0–2.0	1034	$2,201	$2.13	0d	22	0.48mi
36009 Deer Creek Dr #104 Zephyrhills, FL	2.0	2.0	1029	$1,450	$1.41	25d	1	0.56mi
36015 Deer Creek Dr #202 Zephyrhills, FL	2.0	2.0	1062	$1,450	$1.37	25d	1	0.58mi
5168 Crooked Ln Zephyrhills, FL	2.0	1.0	600	$1,645	$2.74	22d	1	0.71mi
5521 Barbara St Zephyrhills, FL	2.0	2.0	1056	$1,800	$1.70	25d	1	0.98mi
6302 Abbott Station Dr Zephyrhills, FL	3.0	1.0–2.5	855	$1,999	$2.34	2d	142	1.28mi

HOA detail

• Monthly dues: $66 · $792/yr
• Likely covers: water

Listing history 21 events

1. 2026-06-18
   days on market $139,900 Active 86 DOM
2. 2026-06-17
   days on market $139,900 Active 85 DOM
3. 2026-06-16
   days on market $139,900 Active 84 DOM
4. 2026-06-15
   days on market $139,900 Active 83 DOM
5. 2026-06-13
   days on market $139,900 Active 81 DOM
6. 2026-06-09
   days on market $139,900 Active 77 DOM
7. 2026-06-08
   days on market $139,900 Active 76 DOM
8. 2026-06-07
   days on market $139,900 Active 75 DOM
9. 2026-06-04
   days on market $139,900 Active 72 DOM
10. 2026-06-03
    days on market $139,900 Active 71 DOM
11. 2026-06-02
    days on market $139,900 Active 70 DOM
12. 2026-06-01
    days on market $139,900 Active 69 DOM
13. 2026-05-31
    days on market $139,900 Active 68 DOM
14. 2026-03-24
    listed $139,900 Active
15. 2022-01-15
    soldstatus $124,900
16. 2022-01-07
    soldstatus $124,900 Closed 1383-char remark

    Show marketing remark (1383 chars)

    Pack your bags and come enjoy the beautiful Florida sunshine in Oaks Royal Phase III (PET FREINDLY), active 55+ community where you own your land. This 2BR/2BA double wide home with many nice updates including new flooring and painting could be your seasonal or forever home. Great location. Back of the home faces west with no neighbors behind you so you can enjoy the beautiful sunsets. You enter through the 12x21 screen room which offers great additional entertaining space. The laundry, workshop and golf cart garage are just off this room. The kitchen offers ample counter and cupboard space and ceramic tile floor and has a breakfast bar for added eating space. The dining room has built-in China cupboard and waterproof Pergo plank flooring which flows into the spacious living room with ceiling fan and access to the Florida room which offers extra space for relaxation and entertaining. The master bedroom is a very comfortable space with newer carpet, ceiling fan, walk-in closet and en suite bathroom. The master bathroom has a step-in shower and tile floor. Bedroom two is big enough for a queen size bed, carpet, ceiling fan and double closet. Conveniently located across the hall is the main bathroom with tile floor and tub/shower combo. The AC is 2011. The home has a metal roof-over. The home will not last long, so schedule your appointment today before it's gone!

17. 2021-12-04
    status Pending 1383-char remark

    Show marketing remark (1383 chars)

    Pack your bags and come enjoy the beautiful Florida sunshine in Oaks Royal Phase III (PET FREINDLY), active 55+ community where you own your land. This 2BR/2BA double wide home with many nice updates including new flooring and painting could be your seasonal or forever home. Great location. Back of the home faces west with no neighbors behind you so you can enjoy the beautiful sunsets. You enter through the 12x21 screen room which offers great additional entertaining space. The laundry, workshop and golf cart garage are just off this room. The kitchen offers ample counter and cupboard space and ceramic tile floor and has a breakfast bar for added eating space. The dining room has built-in China cupboard and waterproof Pergo plank flooring which flows into the spacious living room with ceiling fan and access to the Florida room which offers extra space for relaxation and entertaining. The master bedroom is a very comfortable space with newer carpet, ceiling fan, walk-in closet and en suite bathroom. The master bathroom has a step-in shower and tile floor. Bedroom two is big enough for a queen size bed, carpet, ceiling fan and double closet. Conveniently located across the hall is the main bathroom with tile floor and tub/shower combo. The AC is 2011. The home has a metal roof-over. The home will not last long, so schedule your appointment today before it's gone!

18. 2021-11-28
    listed $124,900 Active 1383-char remark

    Show marketing remark (1383 chars)

    Pack your bags and come enjoy the beautiful Florida sunshine in Oaks Royal Phase III (PET FREINDLY), active 55+ community where you own your land. This 2BR/2BA double wide home with many nice updates including new flooring and painting could be your seasonal or forever home. Great location. Back of the home faces west with no neighbors behind you so you can enjoy the beautiful sunsets. You enter through the 12x21 screen room which offers great additional entertaining space. The laundry, workshop and golf cart garage are just off this room. The kitchen offers ample counter and cupboard space and ceramic tile floor and has a breakfast bar for added eating space. The dining room has built-in China cupboard and waterproof Pergo plank flooring which flows into the spacious living room with ceiling fan and access to the Florida room which offers extra space for relaxation and entertaining. The master bedroom is a very comfortable space with newer carpet, ceiling fan, walk-in closet and en suite bathroom. The master bathroom has a step-in shower and tile floor. Bedroom two is big enough for a queen size bed, carpet, ceiling fan and double closet. Conveniently located across the hall is the main bathroom with tile floor and tub/shower combo. The AC is 2011. The home has a metal roof-over. The home will not last long, so schedule your appointment today before it's gone!

19. 2005-05-09
    soldstatus $64,500
20. 2005-05-03
    soldstatus $64,500 16-char remark

    Show marketing remark (16 chars)

    In M/H Community

21. 2005-05-01
    listed $64,500 16-char remark

    Show marketing remark (16 chars)

    In M/H Community

ⓘ 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: $2,114 · $176/mo
• Projected year-2 tax: $2,114 · $176/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,136
• − Mortgage interest: −$7,837
• − Property taxes: −$2,114
• − Insurance: −$700
• − Repairs & maintenance: −$1,851
• − Management: −$1,851
• − HOA: −$792
• − Depreciation: −$4,070
• Taxable income: $3,922
• Est. tax owed @ 24.0%: −$941
• After-tax cash flow: $4,927/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

• 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

+116.9% since first listed

8 events — show timeline

• 2026-03-24 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2022-01-15 Sold (Public Records) $124,900 Public Records
• 2022-01-07 Sold (MLS) $124,900 Stellar MLS as Distributed by MLS Grid
• 2021-12-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-11-28 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2005-05-09 Sold (Public Records) $64,500 Public Records
• 2005-05-03 Sold (MLS) $64,500 Stellar MLS as Distributed by MLS Grid
• 2005-05-01 Listed $64,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+7.8%/yr

Latest (2025): $2,114 · +9.2% YoY. Source: county tax records.