6621 Bandura Ave · New Port Richey, FL 34653

$174,900

3 bd · 2.0 ba · 1,568 sqft · Manufactured public records · 37 Days on market

Built 1978 5,040 sqft lot

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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 +25.0/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

COME SEE this beautiful, spacious 3 bedroom, 2 bath home. This home features gorgeous laminate flooring throughout the home and carpet in the bedrooms to keep those feet warm as you get ready each morning. Each bedroom is large and feature large closets. Kitchen is very spacious as well and overlooks the dining room or potential family room space. Located in a corner lot which includes a PVC fence installed in 2015 providing privacy for the backyard. Located in a quiet residential neighborhood but only within minutes of restaurants, stores, schools, parks, etc. This home is perfect as a starter home or an investment property (Really nice size home). Don't wait and go take a look at it!

Key facts

• Updated property
• Large corner lot
• Walk in closet

Tags

• UPDATED PROPERTY
• LUXURY VINYL PLANK FLOORING
• WALK IN CLOSET
• PRIVATE BATHROOM
• AMPLE STORAGE
• LARGE CORNER LOT

Property features AI

Finance

• Other: Unfurnished; Living area approximately 1,568 sq ft (public records); Building area approximately 2,240 sq ft (public records); Corner lot; Directions: US Hwy 19, go east on Main Street, turn left on Congress, right on Bandura Ave.; first corner on left
• HOA & community: No HOA/association; Cats and dogs allowed

Exterior

• Utilities: Public water; Public sewer; Cable connected; Broadband/high-speed internet available; Public power
• Home design: Manufactured double-wide home; Single-story; South-facing
• Construction: Metal siding; Other roof; Other foundation; Built on lot size of approximately 0.12 acre
• Exterior features: Covered front porch; Awning(s); Corner lot; Paved road access

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Thermostat; Walk-in closet(s); Bonus room
• Laundry & utility: Laundry room; Washer hookup; Electric water heater

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 $380 ($5k/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: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 2.0% in New Port Richey — 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 82/100 on livability (#67 in FL, #1,139 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, commute D, employment 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.
• Zoned schools: River Ridge High School (math 50% / reading 54%, grade D+, #160 of 667 statewide, top 25%, 1,802 students, 41% FRL).
• Market conditions: Rents soft (-2.9%/yr); 305 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• At $1,935/mo this rent would consume 47% of the median local household income ($50k/yr) (locally 1439% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 37 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 10y 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.
• Current owner paid $48k; list at $175k implies a 264% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.11% ✓
• Cap rate: 8.90%
• Cash-on-cash: 9.31%
• DSCR: 1.41
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $73,696
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7546 Kerry St	0.08mi	2/2.0 (-1)	1,344 (-14%)	10mo	$62,500	$47	59

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: -5.6%
• Equity multiple: 0.80×
• Total profit: $-9,827
• Equity at exit: $26,078

10-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $650
• 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 34653

• Home prices YoY: -18.4%
• Rents YoY: -2.9%
• Active inventory: 305
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,935 high
• Mortgage (P&I): −$917
• Tax from tax record: −$158 /mo · $1,901/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $380

Break-even live

Break-even rent $1,454

Max offer price $174,900

Occupancy floor 75%

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 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7421 Congress St New Port Richey, FL	4.0	2.0	1792	$1,890	$1.05	20d	1	0.17mi
6250 Kentfield Ave New Port Richey, FL	3.0	2.0	1578	$2,500	$1.58	4d	1	0.39mi
6548 Batea Ter New Port Richey, FL	3.0	2.0	1120	$1,800	$1.61	24d	1	0.42mi
7713 Heather St New Port Richey, FL	3.0	2.0	1344	$1,800	$1.34	24d	1	0.45mi
7039 Lenox Dr New Port Richey, FL	3.0	2.0	1300	$1,795	$1.38	12d	1	0.49mi
7212 Carlton Arms Dr New Port Richey, FL	2.0	1.0–2.0	877	$1,609	$1.83	24d	1	0.56mi
8030 Gabriel Dr Port Richey, FL	3.0	2.0	1501	$2,025	$1.35	4d	1	0.59mi
6947 Bottle Brush Dr Port Richey, FL	3.0	2.0	2121	$2,000	$0.94	24d	1	0.66mi
6447 Eric Dr New Port Richey, FL	2.0	2.0	1133	$1,400	$1.24	24d	1	0.71mi
6405 Eric Dr New Port Richey, FL	2.0	2.0	1133	$1,400	$1.24	24d	1	0.73mi
6073 Vermont Ave New Port Richey, FL	3.0	2.0	1562	$2,250	$1.44	24d	1	0.79mi
6635 Crossbow Ln New Port Richey, FL	2.0	2.0	1082	$1,695	$1.57	17d	1	0.79mi
7630 Tortuga Bay Blvd Port Richey, FL	3.0	2.0	1180	$1,825	$1.55	12d	17	0.88mi
7616 Washington St Port Richey, FL	3.0	2.0	1180	$1,970	$1.67	24d	1	0.88mi
7309 Washington St New Port Richey, FL	2.0	1.0	1311	$1,600	$1.22	1d	1	0.93mi
6474 Taylor Ct New Port Richey, FL	3.0	2.0	1620	$2,400	$1.48	10d	1	0.93mi
6430 Polk St New Port Richey, FL	3.0	2.0	1270	$1,800	$1.42	21d	1	0.99mi
6131 Central Ave New Port Richey, FL	3.0	2.0	1682	$2,500	$1.49	24d	1	1.08mi
8102 Chickasaw Ln Port Richey, FL	3.0	2.0	1688	$1,969	$1.17	4d	1	1.12mi
7810 Cayuga Dr New Port Richey, FL	2.0	2.0	1838	$1,973	$1.07	4d	1	1.19mi
8124 Cormel St Unit 8126 Port Richey, FL	2.0	1.0	1770	$1,550	$0.88	2d	1	1.22mi
8712 Roble Way Port Richey, FL	3.0	2.0	1134	$1,841	$1.62	24d	1	1.22mi
8228 Chasco Woods Blvd Port Richey, FL	1.0–3.0	1.0–2.0	966	$1,760	$1.82	1d	22	1.24mi
8729 Sabal Way Port Richey, FL	3.0	2.0	1807	$2,015	$1.12	4d	1	1.25mi
8128 Papaya St Port Richey, FL	2.0	2.5	1364	$1,850	$1.36	4d	1	1.26mi
8134 Papaya St Port Richey, FL	2.0	2.5	1364	$1,800	$1.32	10d	1	1.27mi
5701 Berlin Dr Port Richey, FL	3.0	2.0	1364	$1,745	$1.28	24d	1	1.27mi
7829 Glencoe Dr New Port Richey, FL	3.0	2.0	1658	$2,295	$1.38	19d	1	1.29mi
5712 Bay Blvd Port Richey, FL	3.0	2.0	1216	$1,900	$1.56	24d	1	1.30mi
7911 Foxwood Dr New Port Richey, FL	3.0	2.0	1529	$1,749	$1.14	12d	1	1.30mi
5706 Bay Blvd Port Richey, FL	3.0	2.0	1426	$1,950	$1.37	12d	1	1.31mi
7125 Sandalwood Dr Port Richey, FL	2.0	2.0	1324	$1,681	$1.27	4d	1	1.32mi
7013 Green St New Port Richey, FL	3.0	2.0	1104	$1,500	$1.36	1d	1	1.34mi

Listing history 24 events

1. 2026-04-22
   listed $174,900 Active
2. 2024-03-14
   historical $1,795
3. 2024-02-14
   listed $1,795
4. 2024-02-14
   historical $1,795
5. 2024-02-13
   historical $1,795
6. 2024-01-28
   listed $1,795
7. 2024-01-27
   listed $1,795
8. 2018-02-06
   soldstatus $48,000
9. 2018-02-02
   soldstatus $48,000 Sold 694-char remark

   Show marketing remark (694 chars)

   COME SEE this beautiful, spacious 3 bedroom, 2 bath home. This home features gorgeous laminate flooring throughout the home and carpet in the bedrooms to keep those feet warm as you get ready each morning. Each bedroom is large and feature large closets. Kitchen is very spacious as well and overlooks the dining room or potential family room space. Located in a corner lot which includes a PVC fence installed in 2015 providing privacy for the backyard. Located in a quiet residential neighborhood but only within minutes of restaurants, stores, schools, parks, etc. This home is perfect as a starter home or an investment property (Really nice size home). Don't wait and go take a look at it!

10. 2018-01-31
    status Pending 694-char remark

    Show marketing remark (694 chars)

    COME SEE this beautiful, spacious 3 bedroom, 2 bath home. This home features gorgeous laminate flooring throughout the home and carpet in the bedrooms to keep those feet warm as you get ready each morning. Each bedroom is large and feature large closets. Kitchen is very spacious as well and overlooks the dining room or potential family room space. Located in a corner lot which includes a PVC fence installed in 2015 providing privacy for the backyard. Located in a quiet residential neighborhood but only within minutes of restaurants, stores, schools, parks, etc. This home is perfect as a starter home or an investment property (Really nice size home). Don't wait and go take a look at it!

11. 2018-01-18
    listed $55,000 Active 694-char remark

    Show marketing remark (694 chars)

    COME SEE this beautiful, spacious 3 bedroom, 2 bath home. This home features gorgeous laminate flooring throughout the home and carpet in the bedrooms to keep those feet warm as you get ready each morning. Each bedroom is large and feature large closets. Kitchen is very spacious as well and overlooks the dining room or potential family room space. Located in a corner lot which includes a PVC fence installed in 2015 providing privacy for the backyard. Located in a quiet residential neighborhood but only within minutes of restaurants, stores, schools, parks, etc. This home is perfect as a starter home or an investment property (Really nice size home). Don't wait and go take a look at it!

12. 2017-08-14
    price $39,900
13. 2017-08-14
    historical
14. 2017-07-05
    status Active
15. 2017-06-29
    status Pending
16. 2017-06-29
    status Active
17. 2017-06-23
    status Pending
18. 2017-06-18
    listed $45,000 Active
19. 2017-01-27
    soldstatus $32,000 Sold
20. 2017-01-20
    status Pending
21. 2016-12-15
    listed $49,900 Active
22. 2016-02-26
    soldstatus $29,900 Sold
23. 2016-02-22
    status Pending
24. 2016-02-20
    listed $29,900 Active

ⓘ 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: $1,901 · $158/mo
• Projected year-2 tax: $1,901 · $158/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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,215
• − Mortgage interest: −$9,797
• − Property taxes: −$1,901
• − Insurance: −$874
• − Repairs & maintenance: −$1,857
• − Management: −$1,857
• − Depreciation: −$5,088
• Taxable income: $1,840
• Est. tax owed @ 24.0%: −$442
• After-tax cash flow: $4,116/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 — New Port Richey

• Score: 82/100
• State rank: #67
• US rank: #1139

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pasco County · 524,098 people
• City population: 137,708
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 35,945
• Household income: $49,563
• Rent vs Own: 34.6% rent · 65.4% own
• Severe rent burden: 1439.0

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 (74%)
• Race & ethnicity: White 74% Hispanic / Latino 14% Two or more races 9% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 84% English-only · Spanish 9% Other Indo-European 2% Russian/Polish/Slavic 2%

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: ▼ -73.10%
• Current HPI: 324.6519
• Rent YoY: ▼ -2.92%
• 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

+484.9% since first listed

24 events — show timeline

• 2026-04-22 Listed $174,900 Stellar MLS as Distributed by MLS Grid
• 2024-03-14 Rental Removed $1,795 APPFOLIO
• 2024-02-14 Listed for Rent $1,795 APPFOLIO
• 2024-02-14 Rental Removed $1,795 RENT.
• 2024-02-13 Rental Removed $1,795 STELLARMLS
• 2024-01-28 Listed for Rent $1,795 RENT.
• 2024-01-27 Listed for Rent $1,795 STELLARMLS
• 2018-02-06 Sold (Public Records) $48,000 Public Records
• 2018-02-02 Sold (MLS) $48,000 Stellar MLS as Distributed by MLS Grid
• 2018-01-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-01-18 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-14 Price Changed $39,900 Stellar MLS as Distributed by MLS Grid
• 2017-08-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-07-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-06-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-06-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-06-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-06-18 Listed $45,000 Stellar MLS as Distributed by MLS Grid
• 2017-01-27 Sold (MLS) $32,000 Stellar MLS as Distributed by MLS Grid
• 2017-01-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-12-15 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2016-02-26 Sold (MLS) $29,900 Stellar MLS as Distributed by MLS Grid
• 2016-02-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-02-20 Listed $29,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+24.6%/yr

Latest (2025): $1,901 · +8.3% YoY. Source: county tax records.