3346 Chatford Dr · Elfers, FL 34690

$89,900

2 bd · 2.0 ba · 728 sqft · Manufactured public records · 87 Days on market

Built 1979 4,765 sqft lot Est $98k · 8% under $143/mo HOA · 10% 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 +30.0/30.0
• ARV discount +11.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a move-in-ready 14 foot single wide? Then you need to make an appointment to see inside this home. Features a 2-bedroom split plan, 2 baths of which 1 has been updated with walk-in shower. Laminate floors, except bedrooms have carpet. Screen enclosed side entry Porch. Bonus room off the Living room is being used as Dining room. The Kitchen has an eating area. Utility shed housing your Washer/Dryer. This home is situated in a very active 55+ community with year-round- heated Pool. Low monthly HOA fee of $ 112 per month which includes lawn maintenance and trash removal, Clubhouse, Shuffleboard, Pool, Ground maintenance, etc. Sold As Is. Buyer to verify all information that is deemed to be accurate. Measurements are approx.

Key facts

• Open concept living
• Split floor plan
• Updated home

Tags

• UPDATED HOME
• SPLIT FLOOR PLAN
• OPEN CONCEPT LIVING
• SCREEN PORCH
• NEW ELECTRICAL PANEL
• NEW LAMINATE FLOORS

Property features AI

Finance

• Other: Partially furnished; No lease restrictions indicated
• Financial info: Total monthly fees $143; total annual fees $1,716
• HOA & community: Has HOA managed by Qualified Management; Monthly HOA fee $143 (includes pool, escrow reserves fund, maintenance of grounds, private road); Association amenities: Clubhouse, Pool, Shuffleboard Court; Association approval required; Senior community; Buyer approval required; Pets allowed with number limit; max pet weight about 25 lbs

Exterior

• Parking: Carport (1 space)
• Utilities: Public utilities; Public sewer; Water available
• Home design: Manufactured home (single wide); Residential property; One story; Faces west
• Construction: Metal roof; Other construction materials; Crawlspace foundation; Built on lot of about 0.11 acres (approximately 0.11 acre)
• Exterior features: Enclosed patio/porch; Front porch; Side porch; Screened porch; Exterior storage; In-ground heated pool

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Living room/dining room combo
• Laundry & utility: Washer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $436 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.1% vs local median 4.7% in Elfers — 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 78/100 on livability (#167 in FL, #2,486 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities 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.
• Market conditions: Rents soft (-2.5%/yr); 131 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 34% of the median local income ($49k/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 $622 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $25k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $9k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.56% ✓
• Cap rate: 12.12%
• Cash-on-cash: 20.80%
• DSCR: 1.93
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $97,552
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3415 Chatford Dr	0.04mi	2/1.5	768 (+6%)	4mo	$103,000	$134	84
3241 Channing Dr	0.13mi	2/1.0	720 (-1%)	14mo	$97,000	$135	77
3210 Hampshire Dr	0.17mi	2/1.5	672 (-8%)	5mo	$80,000	$119	73

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: 9.6%
• Equity multiple: 1.36×
• Total profit: $9,171
• Equity at exit: $13,404

10-year hold

• IRR: 16.0%
• Equity multiple: 2.12×
• Total profit: $28,124
• Equity at exit: $7,773

Cash invested: $25,172 (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 34690

• Home prices YoY: -22.4%
• Rents YoY: -2.5%
• Active inventory: 131
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,400 high
• Mortgage (P&I): −$471
• Tax from tax record: −$17 /mo · $209/yr
• Insurance: −$37
• HOA: −$143
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $436

Break-even live

Break-even rent $847

Max offer price $89,900

Occupancy floor 64%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4348 Plaza Dr Holiday, FL	1.0–2.0	1.0–2.0	860	$1,499	$1.74	2d	9	0.75mi
4124 Flamingo Dr New Port Richey, FL	3.0	1.0	744	$1,500	$2.02	15d	1	0.77mi
4124 Flamingo Dr New Port Richey, FL	3.0	1.0	744	$1,500	$2.02	3d	1	0.77mi
4205 Jordana Way Holiday, FL	1.0–3.0	1.0–2.0	1027	$1,404	$1.37	2d	13	0.83mi
4209 Touchton Pl New Port Richey, FL	1.0	1.0	624	$1,300	$2.08	16d	1	0.99mi
4358 Tahitian Gardens Cir Holiday, FL	1.0	1.0	600	$1,350	$2.25	15d	1	1.06mi
4358 Tahitian Gardens Cir Unit G Holiday, FL	1.0	1.0	600	$1,350	$2.25	24d	1	1.06mi
4318 Tahitian Gardens Cir Unit B Holiday, FL	1.0	1.0	576	$1,200	$2.08	24d	1	1.14mi
4518 Audrey Ln Unit 4551 New Port Richey, FL	2.0	1.0	750	$1,295	$1.73	22d	1	1.22mi
4540 Audrey Ln New Port Richey, FL	2.0	1.0	750	$1,150	$1.53	24d	1	1.25mi
4551 Audrey Ln NEW PRT RCHY, FL	2.0	1.0	750	$1,295	$1.73	22d	1	1.25mi
4529 Audrey Ln New Port Richey, FL	2.0	1.0	750	$1,295	$1.73	22d	1	1.25mi
2122 Ranchita Trl Holiday, FL	2.0	1.0	648	$1,399	$2.16	24d	1	1.26mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,200	$1.69	5d	1	1.28mi
5844 Sunshine Park Dr New Port Richey, FL	3.0	1.0	672	$1,100	$1.64	3d	1	1.34mi
2133 Melody Dr Holiday, FL	2.0	1.0	510	$1,078	$2.11	15d	1	1.35mi
4722 Kennedy Dr New Port Richey, FL	1.0	1.0	504	$850	$1.69	24d	1	1.43mi
2051 Pleasure Dr Holiday, FL	2.0	1.0	720	$1,200	$1.67	24d	1	1.48mi

HOA detail

• Monthly dues: $143 · $1,716/yr
• Likely covers: trashpool

Listing history 28 events

1. 2026-06-18
   days on market $89,900 Active 87 DOM
2. 2026-06-17
   days on market $89,900 Active 86 DOM
3. 2026-06-16
   days on market $89,900 Active 85 DOM
4. 2026-06-15
   days on market $89,900 Active 84 DOM
5. 2026-06-13
   days on market $89,900 Active 82 DOM
6. 2026-06-09
   days on market $89,900 Active 78 DOM
7. 2026-06-08
   days on market $89,900 Active 77 DOM
8. 2026-06-07
   remarks 663-char remark
9. 2026-06-07
   pricedays on market $89,900 Active 76 DOM
10. 2026-06-04
    days on market $95,500 Active 73 DOM
11. 2026-06-03
    days on market $95,500 Active 72 DOM
12. 2026-06-02
    days on market $95,500 Active 71 DOM
13. 2026-06-01
    days on market $95,500 Active 70 DOM
14. 2026-05-31
    days on market $95,500 Active 69 DOM
15. 2026-05-09
    price $95,500
16. 2026-03-23
    listed $98,500 Active
17. 2026-01-23
    historical
18. 2025-12-25
    price $99,000
19. 2025-11-22
    price $104,500
20. 2025-10-26
    price $109,900
21. 2025-09-16
    price $119,500
22. 2025-08-19
    listed $125,500 Active
23. 2023-06-16
    soldstatus $87,000 Closed 742-char remark

    Show marketing remark (742 chars)

    Looking for a move-in-ready 14 foot single wide? Then you need to make an appointment to see inside this home. Features a 2-bedroom split plan, 2 baths of which 1 has been updated with walk-in shower. Laminate floors, except bedrooms have carpet. Screen enclosed side entry Porch. Bonus room off the Living room is being used as Dining room. The Kitchen has an eating area. Utility shed housing your Washer/Dryer. This home is situated in a very active 55+ community with year-round- heated Pool. Low monthly HOA fee of $ 112 per month which includes lawn maintenance and trash removal, Clubhouse, Shuffleboard, Pool, Ground maintenance, etc. Sold As Is. Buyer to verify all information that is deemed to be accurate. Measurements are approx.

24. 2023-06-16
    soldstatus $87,000

    Show marketing remark (742 chars)

    Looking for a move-in-ready 14 foot single wide? Then you need to make an appointment to see inside this home. Features a 2-bedroom split plan, 2 baths of which 1 has been updated with walk-in shower. Laminate floors, except bedrooms have carpet. Screen enclosed side entry Porch. Bonus room off the Living room is being used as Dining room. The Kitchen has an eating area. Utility shed housing your Washer/Dryer. This home is situated in a very active 55+ community with year-round- heated Pool. Low monthly HOA fee of $ 112 per month which includes lawn maintenance and trash removal, Clubhouse, Shuffleboard, Pool, Ground maintenance, etc. Sold As Is. Buyer to verify all information that is deemed to be accurate. Measurements are approx.

25. 2023-05-24
    status Pending 742-char remark

    Show marketing remark (742 chars)

    Looking for a move-in-ready 14 foot single wide? Then you need to make an appointment to see inside this home. Features a 2-bedroom split plan, 2 baths of which 1 has been updated with walk-in shower. Laminate floors, except bedrooms have carpet. Screen enclosed side entry Porch. Bonus room off the Living room is being used as Dining room. The Kitchen has an eating area. Utility shed housing your Washer/Dryer. This home is situated in a very active 55+ community with year-round- heated Pool. Low monthly HOA fee of $ 112 per month which includes lawn maintenance and trash removal, Clubhouse, Shuffleboard, Pool, Ground maintenance, etc. Sold As Is. Buyer to verify all information that is deemed to be accurate. Measurements are approx.

26. 2023-05-18
    listed $89,900 Active 742-char remark

    Show marketing remark (742 chars)

    Looking for a move-in-ready 14 foot single wide? Then you need to make an appointment to see inside this home. Features a 2-bedroom split plan, 2 baths of which 1 has been updated with walk-in shower. Laminate floors, except bedrooms have carpet. Screen enclosed side entry Porch. Bonus room off the Living room is being used as Dining room. The Kitchen has an eating area. Utility shed housing your Washer/Dryer. This home is situated in a very active 55+ community with year-round- heated Pool. Low monthly HOA fee of $ 112 per month which includes lawn maintenance and trash removal, Clubhouse, Shuffleboard, Pool, Ground maintenance, etc. Sold As Is. Buyer to verify all information that is deemed to be accurate. Measurements are approx.

27. 2013-07-25
    soldstatus $29,900
28. 1980-09-01
    soldstatus $28,000

ⓘ 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: $209 · $17/mo
• Projected year-2 tax: $746 · $62/mo
• Expected delta: +$537/yr (+$45/mo · 257.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 23% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,794
• − Mortgage interest: −$5,036
• − Property taxes: −$209
• − Insurance: −$450
• − Repairs & maintenance: −$1,344
• − Management: −$1,344
• − HOA: −$1,716
• − Depreciation: −$2,615
• Taxable income: $4,082
• Est. tax owed @ 24.0%: −$980
• After-tax cash flow: $4,256/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 — Elfers

• Score: 78/100
• State rank: #167
• US rank: #2486

Category grades

Amenities D- 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: Elfers, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 12,498
• Household income: $49,401
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 625.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 11% Black 5% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 1%
• Foreign-born: 12% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 16% Arabic 2% Other Indo-European 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: ▼ -91.40%
• Current HPI: 316.5846
• Rent YoY: ▼ -2.49%
• 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

+241.1% since first listed

14 events — show timeline

• 2026-05-09 Price Changed $95,500 Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Listed $98,500 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-12-25 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-22 Price Changed $104,500 Stellar MLS as Distributed by MLS Grid
• 2025-10-26 Price Changed $109,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-16 Price Changed $119,500 Stellar MLS as Distributed by MLS Grid
• 2025-08-19 Listed $125,500 Stellar MLS as Distributed by MLS Grid
• 2023-06-16 Sold (Public Records) $87,000 Public Records
• 2023-06-16 Sold (MLS) $87,000 Stellar MLS as Distributed by MLS Grid
• 2023-05-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-05-18 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 2013-07-25 Sold (Public Records) $29,900 Public Records
• 1980-09-01 Sold (Public Records) $28,000 Public Records

Property tax history

-8.2%/yr

Latest (2025): $209 · +3.5% YoY. Source: county tax records.