6427 Ohio St · Zephyrhills, FL 33542

$69,900

1 bd · 1.0 ba · 470 sqft · Manufactured public records · 23 Days on market

Built 1960 Est $56k · 24% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.3/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2 bedroom, 1 bath mobile home is located in Florida Trailer Estates, just east of Zephyrhills. The home consists of approximately 470 sq feet in the original home with an addition (approximately 500 sq ft) that includes a living room, dining room and laundry room. On the outside you have a storage room with covered patio area and covered carport. This home affords easy access to supermarkets, restaurants, medical facilities and more. You own the land here in this park and the fees are only $120.00 a year. Whether looking for a year-round residence or winter retreat from the cold North, this home could be what you are looking for. Call today for more information or to arrange a tour of this home.

Key facts

• Covered porch
• Detached screen room
• Remodeled bathroom

Tags

• ATTACHED SHED WORKSHOP
• COVERED PORCH
• DETACHED SCREEN ROOM
• NEW LIFETIME LAMINATE FLOORING
• REMODELED BATHROOM
• CITY WATER

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $70k.

Deal economics

• At list price, monthly cash flow is $405 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 3.7% in Zephyrhills — 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 72/100 on livability (#330 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools C-, crime C-, amenities 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 falling (-3.6%/yr); 294 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $483 of loan paydown is wiped out by about $2k 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 $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y 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 $24k; list at $70k implies a 191% 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 $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.58% ✓
• Cap rate: 13.24%
• Cash-on-cash: 24.81%
• DSCR: 2.10
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $56,400
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
39233 Recess Dr	0.41mi	1/1.0	540 (+15%)	12mo	$65,000	$120	46

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: 14.8%
• Equity multiple: 1.57×
• Total profit: $11,217
• Equity at exit: $10,422

10-year hold

• IRR: 21.2%
• Equity multiple: 2.56×
• Total profit: $30,469
• Equity at exit: $6,044

Cash invested: $19,572 (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 33542

• Home prices YoY: -20.6%
• Rents YoY: -3.6%
• Active inventory: 294
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,106 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$73 /mo · $876/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $405

Break-even live

Break-even rent $593

Max offer price $69,900

Occupancy floor 58%

Sensitivity live

Price	-10% $444	-5% $424	+0% $405	+5% $385	+10% $365
Rent	-10% $317	-5% $361	+0% $405	+5% $448	+10% $492
Rate	-1.0pp $440	-0.5pp $422	base $405	+0.5pp $387	+1.0pp $368

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38706 Daughtery Rd Zephyrhills, FL	1.0	1.0	445	$974	$2.19	17d	2	0.62mi

Listing history 17 events

1. 2026-06-18
   days on market $69,900 Active 23 DOM
2. 2026-06-17
   days on market $69,900 Active 22 DOM
3. 2026-06-16
   days on market $69,900 Active 21 DOM
4. 2026-06-15
   days on market $69,900 Active 20 DOM
5. 2026-06-13
   days on market $69,900 Active 18 DOM
6. 2026-06-09
   days on market $69,900 Active 14 DOM
7. 2026-06-08
   days on market $69,900 Active 13 DOM
8. 2026-06-07
   days on market $69,900 Active 12 DOM
9. 2026-06-04
   days on market $69,900 Active 9 DOM
10. 2026-06-03
    days on market $69,900 Active 8 DOM
11. 2026-06-02
    days on market $69,900 Active 7 DOM
12. 2026-06-01
    days on market $69,900 Active 6 DOM
13. 2026-05-31
    days on market $69,900 Active 5 DOM
14. 2026-05-26
    listed $69,900 Active
15. 2019-04-10
    soldstatus $24,000 Sold 709-char remark

    Show marketing remark (709 chars)

    This 2 bedroom, 1 bath mobile home is located in Florida Trailer Estates, just east of Zephyrhills. The home consists of approximately 470 sq feet in the original home with an addition (approximately 500 sq ft) that includes a living room, dining room and laundry room. On the outside you have a storage room with covered patio area and covered carport. This home affords easy access to supermarkets, restaurants, medical facilities and more. You own the land here in this park and the fees are only $120.00 a year. Whether looking for a year-round residence or winter retreat from the cold North, this home could be what you are looking for. Call today for more information or to arrange a tour of this home.

16. 2019-03-25
    status Pending 709-char remark

    Show marketing remark (709 chars)

    This 2 bedroom, 1 bath mobile home is located in Florida Trailer Estates, just east of Zephyrhills. The home consists of approximately 470 sq feet in the original home with an addition (approximately 500 sq ft) that includes a living room, dining room and laundry room. On the outside you have a storage room with covered patio area and covered carport. This home affords easy access to supermarkets, restaurants, medical facilities and more. You own the land here in this park and the fees are only $120.00 a year. Whether looking for a year-round residence or winter retreat from the cold North, this home could be what you are looking for. Call today for more information or to arrange a tour of this home.

17. 2019-03-19
    listed $26,500 Active 709-char remark

    Show marketing remark (709 chars)

    This 2 bedroom, 1 bath mobile home is located in Florida Trailer Estates, just east of Zephyrhills. The home consists of approximately 470 sq feet in the original home with an addition (approximately 500 sq ft) that includes a living room, dining room and laundry room. On the outside you have a storage room with covered patio area and covered carport. This home affords easy access to supermarkets, restaurants, medical facilities and more. You own the land here in this park and the fees are only $120.00 a year. Whether looking for a year-round residence or winter retreat from the cold North, this home could be what you are looking for. Call today for more information or to arrange a tour of this home.

ⓘ 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: $876 · $73/mo
• Projected year-2 tax: $876 · $73/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 · 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,267
• − Mortgage interest: −$3,915
• − Property taxes: −$876
• − Insurance: −$350
• − Repairs & maintenance: −$1,061
• − Management: −$1,061
• − Depreciation: −$2,033
• Taxable income: $3,970
• Est. tax owed @ 24.0%: −$953
• After-tax cash flow: $3,904/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

• Score: 72/100
• State rank: #330
• US rank: #5760

Category grades

Amenities F 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

• County: Pasco County · 524,098 people
• City population: 48,266
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 23,612
• Household income: $49,316
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 831.0

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 17% Two or more races 8% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 3% Romanian 2% Iranian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 12% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -81.25%
• Current HPI: 313.3993
• Rent YoY: ▼ -3.56%
• 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

+163.8% since first listed

4 events — show timeline

• 2026-05-26 Listed $69,900 FSBO.com
• 2019-04-10 Sold (MLS) $24,000 Stellar MLS as Distributed by MLS Grid
• 2019-03-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-03-19 Listed $26,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+2.4%/yr

Latest (2025): $876 · +4.7% YoY. Source: county tax records.