14341 Delmar St · Dade City, FL 33525

$211,000

2 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 55 Days on market

Built 1955 9,148 sqft lot Est $280k · 25% under

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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 +16.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• Schools +4.3/10.0
• 1% rule +3.7/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

Key facts

• Flood zone x
• Fully fenced lot
• Corner lot

Tags

• CORNER LOT
• BLOCK CONSTRUCTION
• FULLY FENCED LOT
• PUBLIC WATER AND SEWER
• FLOOD ZONE X
• ACCESS TO INTERSTATE 75

Property features AI

Finance

• Other: Unfurnished; Living area: 1,152 square feet
• Financial info: No lease restrictions
• HOA & community: No association fees

Exterior

• Parking: No parking
• Security: Owned security system
• Utilities: Public water; Public sewer; Cable available; BB/HS internet available; Electricity connected; Sewer connected; Water connected
• Home design: Single family residence; One story; Faces north
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.21-acre lot
• Exterior features: Corner lot; Located within city limits; Sidewalk; Exterior lighting; Other exterior features

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Family room; Inside utility
• Laundry & utility: Laundry inside; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $211k.

Deal economics

• At list price, monthly cash flow is $132 ($2k/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 $183k (13.5% below list).
• Recommended offer: $183k (13.5% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 4.6% in Dade City — 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 73/100 on livability (#307 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, 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.
• Zoned schools: Pasco Elementary School (math 29% / reading 30%, grade F, #1,896 of 2,144 statewide, top 90%, 586 students, 89% FRL); Pasco High School (math 40% / reading 40%, grade F, #296 of 667 statewide, top 45%, 1,639 students, 66% FRL) — zoned schools average 77% FRL vs 48% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 35% 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 rising (+3.0%/yr); 667 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 55 days — a 3% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
• 7 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.
• Current owner paid $33k; list at $211k implies a 539% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• 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 $182,548 (13.5% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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. 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?
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: 0.87% ✗
• Cap rate: 7.04%
• Cash-on-cash: 2.68%
• DSCR: 1.12
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $279,936
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13924 Morgan St	0.43mi	3/1.0 (+1)	1,080 (-6%)	15mo	$110,000	$102	52
37720 Church Ave	0.59mi	2/1.5	1,040 (-10%)	14mo	$305,000	$293	43
37515 Beauchamp Ave	0.73mi	3/2.0 (+1)	1,288 (+12%)	2mo	$233,000	$181	35
13814 Wilson St	0.57mi	3/1.5 (+1)	1,296 (+12%)	14mo	$157,500	$122	34
13821 10th St	0.74mi	2/1.5	1,024 (-11%)	16mo	$257,000	$251	32
37950 Coleman Ave	0.70mi	3/2.0 (+1)	1,311 (+14%)	5mo	$330,000	$252	32
14734 11th St	0.68mi	3/2.0 (+1)	988 (-14%)	9mo	$240,000	$243	28

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 · 3.02% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.56×
• Total profit: $-25,826
• Equity at exit: $31,461

10-year hold

• IRR: -3.0%
• Equity multiple: 0.80×
• Total profit: $-11,790
• Equity at exit: $18,243

Cash invested: $59,080 (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 33525

• Home prices YoY: -15.4%
• Rents YoY: 3.0%
• Active inventory: 667
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,825 high
• Mortgage (P&I): −$1,107
• Tax from tax record: −$116 /mo · $1,391/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $132

Break-even live

Break-even rent $1,659

Max offer price $211,000

Occupancy floor 88%

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: $52,750
• Closing costs: $6,330
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13917 2nd St Dade City, FL	3.0	1.0	1312	$1,950	$1.49	24d	1	0.47mi
37802 Whitehouse Ave Dade City, FL	2.0	1.0	1344	$1,150	$0.86	23d	1	0.60mi
37540 Martin Luther King Blvd Unit A Dade City, FL	2.0	1.0	784	$1,200	$1.53	24d	1	0.70mi
13650 5th St Dade City, FL	2.0	1.0	900	$1,350	$1.50	12d	1	0.72mi
38714 Island Ave Dade City, FL	3.0	2.0	864	$1,695	$1.96	24d	1	0.92mi
37329 Magnolia Ave Unit 1234471P Dade City, FL	3.0	2.0	1216	$3,391	$2.79	4d	1	0.93mi
14635 State St Dade City, FL	3.0	1.5	1040	$1,761	$1.69	21d	1	0.98mi
13921 19th St Unit 1234474P Dade City, FL	2.0	1.0	936	$2,013	$2.15	16d	1	1.25mi

Listing history 31 events

1. 2026-06-18
   days on market $211,000 Active 55 DOM
2. 2026-06-17
   days on market $211,000 Active 54 DOM
3. 2026-06-16
   days on market $211,000 Active 53 DOM
4. 2026-06-15
   days on market $211,000 Active 52 DOM
5. 2026-06-13
   days on market $211,000 Active 50 DOM
6. 2026-06-09
   days on market $211,000 Active 46 DOM
7. 2026-06-08
   days on market $211,000 Active 45 DOM
8. 2026-06-07
   days on market $211,000 Active 44 DOM
9. 2026-06-04
   days on market $211,000 Active 41 DOM
10. 2026-06-03
    days on market $211,000 Active 40 DOM
11. 2026-06-02
    days on market $211,000 Active 39 DOM
12. 2026-06-01
    days on market $211,000 Active 38 DOM
13. 2026-05-31
    days on market $211,000 Active 37 DOM
14. 2026-04-24
    listed $211,000 Active
15. 2023-06-19
    historical
16. 2016-03-08
    historical 274-char remark

    Show marketing remark (274 chars)

    Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

17. 2016-03-08
    soldstatus $33,000

    Show marketing remark (274 chars)

    Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

18. 2016-03-07
    soldstatus $33,000 Sold 274-char remark

    Show marketing remark (274 chars)

    Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

19. 2016-02-12
    status Pending 274-char remark

    Show marketing remark (274 chars)

    Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

20. 2015-11-30
    listed $40,000 Active 274-char remark

    Show marketing remark (274 chars)

    Great starter home, or investment property. Already an income producing property. 2/1 with a den/office, indoor laundry and large dining room. Oversized fenced yard with beautiful mature trees and quiet corner lot close to parks, schools, major roads and downtown Dade City.

21. 2014-10-20
    soldstatus $35,000 Sold 15-char remark

    Show marketing remark (15 chars)

    Short Sale . ..

22. 2014-06-14
    status Pending 15-char remark

    Show marketing remark (15 chars)

    Short Sale . ..

23. 2014-06-10
    historical 15-char remark

    Show marketing remark (15 chars)

    Short Sale . ..

24. 2013-05-20
    listed $40,000 15-char remark

    Show marketing remark (15 chars)

    Short Sale . ..

25. 2007-11-13
    listed $82,900
26. 2007-04-12
    listed $82,900
27. 2007-04-12
    historical
28. 2006-10-11
    listed $99,900
29. 2005-05-13
    soldstatus $82,500
30. 2005-05-11
    soldstatus $82,500
31. 2005-02-16
    listed $85,000

ⓘ 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: $1,391 · $116/mo
• Projected year-2 tax: $1,751 · $146/mo
• Expected delta: +$360/yr (+$30/mo · 25.9%)

ⓘ 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 4/10 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,906
• − Mortgage interest: −$11,819
• − Property taxes: −$1,391
• − Insurance: −$1,055
• − Repairs & maintenance: −$1,752
• − Management: −$1,752
• − Depreciation: −$6,138
• Taxable loss: −$2,003
• Est. tax savings @ 24.0%: +$481
• After-tax cash flow: $2,062/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 — Dade City

• Score: 73/100
• State rank: #307
• US rank: #5215

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dade City, FL
• County: Pasco County · 524,098 people
• City population: 21,077
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 21,077
• Household income: $69,068
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 322.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 16% Two or more races 7% Black 3%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3%
• Common ancestry: Lithuanian 2% Romanian 2% Serbian 2%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 87% English-only · Spanish 11% Other Asian/Pacific 1% Other Indo-European 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: ▼ -65.48%
• Current HPI: 358.2149
• Rent YoY: ▲ 3.02%
• 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

+148.2% since first listed

18 events — show timeline

• 2026-04-24 Listed $211,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-19 Rental Removed — APPFOLIO
• 2016-03-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-03-08 Sold (Public Records) $33,000 Public Records
• 2016-03-07 Sold (MLS) $33,000 Stellar MLS as Distributed by MLS Grid
• 2016-02-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-11-30 Listed $40,000 Stellar MLS as Distributed by MLS Grid
• 2014-10-20 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-05-20 Listed $40,000 Stellar MLS as Distributed by MLS Grid
• 2007-11-13 Listed $82,900 Stellar MLS as Distributed by MLS Grid
• 2007-04-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-04-12 Listed $82,900 Stellar MLS as Distributed by MLS Grid
• 2006-10-11 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2005-05-13 Sold (Public Records) $82,500 Public Records
• 2005-05-11 Sold (MLS) $82,500 Stellar MLS as Distributed by MLS Grid
• 2005-02-16 Listed $85,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+7.2%/yr

Latest (2025): $1,391 · +4.6% YoY. Source: county tax records.