7366 First Loop Ave · High Point, FL 34613

$155,000

2 bd · 1.0 ba · 768 sqft · Manufactured public records · 69 Days on market

Built 1972 6,000 sqft lot Est $127k · 22% over $46/mo HOA · 3% of rent

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Why this score? — see what drove the D+ 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 +21.3/30.0
• DSCR +6.8/10.0
• 1% rule +4.8/10.0
• Schools +4.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated seller offering a Meticulously kept 2/1.5 home located in the desirable High Point 55+ Golf community. Situated on the ''right side'' and/or ''hospital side'' of the community with quick easy access in and out of the front entrance. Pride in ownership can be seen throughout this property. ''Tie Down Program Certified'' MH with covered porch, 2 lanai's & 2 driveways make for a perfect move in ready find. Featuring double pane windows, laminate flooring, new refrigerator, newer appliance, inside laundry room, extra room to be used as 3rd guest bedroom and plenty of storage. Highpoint offers an active lifestyle with golf, community pool, clubhouse for social events and so much more in a friendly community where you will love to live. Literally minutes away from shopping, hospitals, restaurants, airports and every convenience you can think of. Enjoy low maintenance Florida living in an ideal location. Come and see this today!! * * All information deemed reliable but not guaranteed * *

Key facts

• 6,000 sq ft lot
• Parking
• Community pool

Property features AI

Finance

• Other: Unfurnished
• Financial info: Total monthly fees $46; total annual fees $552
• HOA & community: Has HOA (monthly fee $46) — association approval required; Association amenities: Clubhouse, Golf Course, Maintenance, Pickleball courts, Pool, Recreation facilities, Shuffleboard, Tennis courts; Community features: Buyer approval required, Clubhouse, Deed restrictions, Golf carts allowed, Golf, Pool, Tennis courts; Senior community; Pets allowed (dogs OK with size limit)

Exterior

• Parking: Driveway; Carport (1 space)
• Utilities: Public water (connected); Public sewer; Electricity connected
• Home design: Residential mobile home (double wide); One story; Faces west; Entry level: One
• Construction: Metal siding; Metal roof; Crawlspace foundation; Built as a double wide mobile home
• Exterior features: Porch with side porch; Sprinkler (metered); Cleared, landscaped yard; On golf course; Paved driveway and paved road access; Public maintained road

Interior

• Kitchen: Range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate; Linoleum
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air; Wall/window unit(s)
• Interior features: Ceiling fans; Solid wood cabinets; Window treatments; Double pane windows
• Laundry & utility: Washer; Dryer; Inside utility / laundry room; Bonus room; Florida room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $227 ($3k/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 $152k (2.1% below list).
• Recommended offer: $146k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 5.8% in High Point — 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 64/100 on livability (#677 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: health & safety C-, amenities F, commute F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Pine Grove Elementary School (math 60% / reading 45%, grade C-, #976 of 2,144 statewide, top 46%, 991 students, 60% FRL); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: 691 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 31% of the median local income ($59k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 9y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $64k; list at $155k implies a 142% 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; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 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 1972 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.98% ✗
• Cap rate: 8.05%
• Cash-on-cash: 6.27%
• DSCR: 1.28
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $127,488
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7540 Western Circle Dr	0.32mi	2/1.0	768 (0%)	13mo	$130,000	$169	74
7538 Fairlane Ave	0.23mi	2/1.0	720 (-6%)	8mo	$112,000	$156	72
7526 Highpoint Blvd	0.30mi	2/2.0	768 (0%)	14mo	$122,000	$159	70
8114 Western Circle Dr	0.57mi	2/1.0	784 (+2%)	13mo	$130,000	$166	59
7252 Fairlane Ave	0.29mi	2/2.0	696 (-9%)	14mo	$113,000	$162	55
7174 Fairlane Ave	0.39mi	2/2.0	660 (-14%)	12mo	$120,000	$182	45

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -6.7%
• Equity multiple: 0.75×
• Total profit: $-10,704
• Equity at exit: $23,111

10-year hold

• IRR: 2.9%
• Equity multiple: 1.21×
• Total profit: $9,134
• Equity at exit: $13,402

Cash invested: $43,400 (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 34613

• Home prices YoY: -17.2%
• Active inventory: 691
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,518 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$49 /mo · $589/yr
• Insurance: −$65
• HOA: −$46
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $227

Break-even live

Break-even rent $1,231

Max offer price $155,000

Occupancy floor 80%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7513 Highpoint Blvd Brooksville, FL	2.0	1.0	672	$1,150	$1.71	24d	1	0.30mi
12103 Fairway Ave Brooksville, FL	2.0	2.0	864	$1,725	$2.00	1d	1	0.89mi
12136 Fairway Ave Brooksville, FL	2.0	2.0	920	$1,650	$1.79	24d	1	0.89mi
7402 Eastern Circle Dr Brooksville, FL	2.0	1.0	720	$1,200	$1.67	24d	1	0.94mi

HOA detail

• Monthly dues: $46 · $552/yr
• Likely covers: pool

Listing history 50 events

1. 2026-06-18
   days on market $155,000 Active 69 DOM
2. 2026-06-17
   days on market $155,000 Active 68 DOM
3. 2026-06-16
   days on market $155,000 Active 67 DOM
4. 2026-06-15
   days on market $155,000 Active 66 DOM
5. 2026-06-13
   days on market $155,000 Active 64 DOM
6. 2026-06-13
   days on market $155,000 Active 63 DOM
7. 2026-06-09
   days on market $155,000 Active 60 DOM
8. 2026-06-08
   days on market $155,000 Active 59 DOM
9. 2026-06-07
   days on market $155,000 Active 58 DOM
10. 2026-06-04
    days on market $155,000 Active 55 DOM
11. 2026-06-03
    days on market $155,000 Active 54 DOM
12. 2026-06-02
    days on market $155,000 Active 53 DOM
13. 2026-06-01
    days on market $155,000 Active 52 DOM
14. 2026-05-31
    days on market $155,000 Active 51 DOM
15. 2026-05-05
    price $155,000 1014-char remark

    Show marketing remark (1014 chars)

    Motivated seller offering a Meticulously kept 2/1.5 home located in the desirable High Point 55+ Golf community. Situated on the ''right side'' and/or ''hospital side'' of the community with quick easy access in and out of the front entrance. Pride in ownership can be seen throughout this property. ''Tie Down Program Certified'' MH with covered porch, 2 lanai's & 2 driveways make for a perfect move in ready find. Featuring double pane windows, laminate flooring, new refrigerator, newer appliance, inside laundry room, extra room to be used as 3rd guest bedroom and plenty of storage. Highpoint offers an active lifestyle with golf, community pool, clubhouse for social events and so much more in a friendly community where you will love to live. Literally minutes away from shopping, hospitals, restaurants, airports and every convenience you can think of. Enjoy low maintenance Florida living in an ideal location. Come and see this today!! * * All information deemed reliable but not guaranteed * *

16. 2026-05-01
    price $155,000
17. 2026-04-28
    listed $165,000 Active 1014-char remark

    Show marketing remark (1014 chars)

    Motivated seller offering a Meticulously kept 2/1.5 home located in the desirable High Point 55+ Golf community. Situated on the ''right side'' and/or ''hospital side'' of the community with quick easy access in and out of the front entrance. Pride in ownership can be seen throughout this property. ''Tie Down Program Certified'' MH with covered porch, 2 lanai's & 2 driveways make for a perfect move in ready find. Featuring double pane windows, laminate flooring, new refrigerator, newer appliance, inside laundry room, extra room to be used as 3rd guest bedroom and plenty of storage. Highpoint offers an active lifestyle with golf, community pool, clubhouse for social events and so much more in a friendly community where you will love to live. Literally minutes away from shopping, hospitals, restaurants, airports and every convenience you can think of. Enjoy low maintenance Florida living in an ideal location. Come and see this today!! * * All information deemed reliable but not guaranteed * *

18. 2026-04-10
    listed $165,000 Active
19. 2026-04-06
    historical
20. 2026-01-14
    price $169,875
21. 2026-01-14
    status Active
22. 2026-01-11
    price $169,875
23. 2026-01-07
    status Active
24. 2025-12-29
    historical
25. 2025-12-28
    historical
26. 2025-12-28
    historical
27. 2025-10-07
    historical $1,450
28. 2025-10-05
    listed $1,450
29. 2025-10-04
    historical $1,450
30. 2025-10-02
    price $174,495
31. 2025-10-02
    price $174,495
32. 2025-08-13
    price $1,450
33. 2025-08-12
    price $179,500
34. 2025-08-12
    price $179,500
35. 2025-07-30
    listed $1,500
36. 2025-07-18
    historical $1,500
37. 2025-07-13
    listed $1,500
38. 2025-06-22
    price $182,900
39. 2025-06-22
    price $182,900
40. 2025-05-08
    listed $189,500 Active
41. 2025-05-06
    listed $189,500 Active
42. 2017-08-04
    soldstatus $64,000
43. 2017-07-13
    soldstatus $64,000
44. 2017-07-13
    soldstatus $64,000
45. 2017-07-13
    soldstatus $64,000
46. 2017-05-03
    listed $68,900
47. 2017-05-03
    listed $68,900
48. 2017-05-03
    listed $68,900
49. 2002-01-16
    soldstatus $44,900
50. 1995-02-22
    soldstatus $23,000

ⓘ 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: $589 · $49/mo
• Projected year-2 tax: $1,286 · $107/mo
• Expected delta: +$698/yr (+$58/mo · 118.4%)

ⓘ 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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,219
• − Mortgage interest: −$8,682
• − Property taxes: −$589
• − Insurance: −$775
• − Repairs & maintenance: −$1,457
• − Management: −$1,457
• − HOA: −$552
• − Depreciation: −$4,509
• Taxable income: $196
• Est. tax owed @ 24.0%: −$47
• After-tax cash flow: $2,676/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — High Point

• Score: 64/100
• State rank: #677
• US rank: #14099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: High Point, FL
• County: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• 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

+573.9% since first listed

36 events — show timeline

• 2026-05-05 Price Changed $155,000 HCAR
• 2026-05-01 Price Changed $155,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Listed $165,000 HCAR
• 2026-04-10 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Price Changed $169,875 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-11 Price Changed $169,875 HCAR
• 2026-01-07 Relisted — HCAR
• 2025-12-29 Listing Removed — HCAR
• 2025-12-28 Listing Removed — HCAR
• 2025-12-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-07 Rental Removed $1,450 RENTALBEAST
• 2025-10-05 Listed for Rent $1,450 RENTALBEAST
• 2025-10-04 Rental Removed $1,450 RENTEC
• 2025-10-02 Price Changed $174,495 HCAR
• 2025-10-02 Price Changed $174,495 Stellar MLS as Distributed by MLS Grid
• 2025-08-13 Price Changed $1,450 RENTEC
• 2025-08-12 Price Changed $179,500 HCAR
• 2025-08-12 Price Changed $179,500 Stellar MLS as Distributed by MLS Grid
• 2025-07-30 Listed for Rent $1,500 RENTEC
• 2025-07-18 Rental Removed $1,500 RENTEC
• 2025-07-13 Listed for Rent $1,500 RENTEC
• 2025-06-22 Price Changed $182,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-22 Price Changed $182,900 HCAR
• 2025-05-08 Listed $189,500 Stellar MLS as Distributed by MLS Grid
• 2025-05-06 Listed $189,500 HCAR
• 2017-08-04 Sold (Public Records) $64,000 Public Records
• 2017-07-13 Sold (MLS) $64,000 St. Augustine and St. Johns County Board of REALTORS®
• 2017-07-13 Sold (MLS) $64,000 Stellar MLS as Distributed by MLS Grid
• 2017-07-13 Sold (MLS) $64,000 HCAR
• 2017-05-03 Listed $68,900 St. Augustine and St. Johns County Board of REALTORS®
• 2017-05-03 Listed $68,900 Stellar MLS as Distributed by MLS Grid
• 2017-05-03 Listed $68,900 HCAR
• 2002-01-16 Sold (Public Records) $44,900 Public Records
• 1995-02-22 Sold (Public Records) $23,000 Public Records

Property tax history

+13.8%/yr

Latest (2025): $589 · +0.8% YoY. Source: county tax records.