6420 Date Palm Blvd · Jasmine Estates, FL 34668

$139,900

3 bd · 2.0 ba · 1,728 sqft · SingleFamily public records · 1 Days on market

Built 1974 0.26 ac lot ↓ 38% since listing

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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 +26.3/30.0
• 1% rule +9.0/10.0
• DSCR +8.9/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely furnished 3 Bedroom, 2 Bath, 1 Car Garage, Pool Home for under $250,000!!! * This beautiful and well cared for home is located on a nice large lot with stellar curb appeal and shows pride of ownership. New roof in 2016 and Radiant Barrier for House in 2019. * This home offers a spacious split floor plan. Enter the front porch through the stunning archway and continue into the home with a formal living room on your left and formal dining room to your right. The kitchen features plenty of cabinet space, countertop area, a large pantry and a sitting area to eat in. The rear of the home opens up to a spacious family room with sliding doors that lead to a 16x37 foot swimming pool which is large enough to swim laps in and has a diving board. There is plenty of room for parties and entertainment, or to simply lounge around and enjoy Florida's weather. * Moments from some of the Best Shopping & Medical facilities in Pasco and not too far from Beaches or Tampa International Airport. Located close to US Hwy 19, Little Road and State Road 54, and just off Ridge Road with a new extension under construction that is planned to connect to the Suncoast Parkway. * No deed restrictions or HOA. Call now to schedule your showing today!

Key facts

• 0.26 acre lot
• Garage
• Pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $361 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 9.4% vs local median 4.7% in Jasmine Estates — 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 67/100 on livability (#555 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, schools F, 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 rising (+1.3%/yr); 577 active listings in the ZIP; 40 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).
• At $1,952/mo this rent would consume 49% of the median local household income ($47k/yr) (locally 2699% 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 $967 of loan paydown is wiped out by about $4k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 5y 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.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price.
• Climate carrying-cost: 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 $139,900

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.40% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.04%
• DSCR: 1.49
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $335,232
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8634 Roble Way	0.18mi	2/2.0 (-1)	1,642 (-5%)	9mo	$277,000	$169	70
8828 Carmen Ln	0.39mi	3/2.5	1,640 (-5%)	2mo	$350,000	$213	70
9004 Lido Ln	0.60mi	3/2.0	1,737 (+0%)	3mo	$259,000	$149	69
9001 Lido Ln	0.57mi	3/2.0	1,700 (-2%)	3mo	$309,000	$182	68
8927 Roble Way	0.38mi	4/3.0 (+1)	1,676 (-3%)	6mo	$324,900	$194	63
8235 Red Cedar Dr	0.54mi	4/3.0 (+1)	1,697 (-2%)	1mo	$380,000	$224	62
8922 Chilton Dr	0.33mi	3/2.0	1,504 (-13%)	2mo	$261,590	$174	61
6735 Pin Cherry Ln	0.46mi	3/2.5	1,832 (+6%)	8mo	$380,000	$207	60
8052 Gabriel Dr	0.65mi	3/2.0	1,604 (-7%)	1mo	$320,000	$200	57
8918 Carmen Ln	0.44mi	4/2.0 (+1)	1,512 (-12%)	11mo	$360,000	$238	45
9217 Pegasus Ave	0.64mi	4/2.0 (+1)	1,578 (-9%)	9mo	$245,000	$155	43
9005 Lido Ln	0.59mi	2/2.0 (-1)	1,517 (-12%)	11mo	$260,000	$171	38

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 · 1.28% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.93×
• Total profit: $-2,869
• Equity at exit: $20,860

10-year hold

• IRR: 5.5%
• Equity multiple: 1.37×
• Total profit: $14,555
• Equity at exit: $12,096

Cash invested: $39,172 (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 34668

• Home prices YoY: -17.4%
• Rents YoY: 1.3%
• Active inventory: 577
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,952 high
• Mortgage (P&I): −$734
• Tax from tax record: −$390 /mo · $4,679/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $361

Break-even live

Break-even rent $1,496

Max offer price $139,900

Occupancy floor 77%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8712 Roble Way Port Richey, FL	3.0	2.0	1134	$1,841	$1.62	24d	1	0.20mi
8729 Sabal Way Port Richey, FL	3.0	2.0	1807	$2,015	$1.12	5d	1	0.23mi
9035 Cochise Ln Port Richey, FL	3.0	2.0	1095	$1,395	$1.27	14d	1	0.60mi
8030 Gabriel Dr Port Richey, FL	3.0	2.0	1501	$2,025	$1.35	5d	1	0.66mi
7125 Sandalwood Dr Port Richey, FL	2.0	2.0	1324	$1,681	$1.27	5d	1	0.70mi
5712 Bay Blvd Port Richey, FL	3.0	2.0	1216	$1,900	$1.56	24d	1	0.76mi
5706 Bay Blvd Port Richey, FL	3.0	2.0	1426	$1,950	$1.37	12d	1	0.77mi
8647 Candida Ln Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	17d	1	0.78mi
6947 Bottle Brush Dr Port Richey, FL	3.0	2.0	2121	$2,000	$0.94	24d	1	0.78mi
5719 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.79mi
5703 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.80mi
5701 Berlin Dr Port Richey, FL	3.0	2.0	1364	$1,745	$1.28	24d	1	0.80mi
8660 Castillian Way Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.80mi
5695 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.81mi
5688 Marbella Dr Port Richey, FL	2.0	2.5	1516	$1,849	$1.22	24d	1	0.81mi
9304 Saint Regis Ln Port Richey, FL	2.0	2.0	1356	$1,550	$1.14	21d	1	0.85mi
9136 Lometa Ln Port Richey, FL	3.0	2.0	1574	$1,795	$1.14	17d	1	0.88mi
5616 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.89mi
7713 Heather St New Port Richey, FL	3.0	2.0	1344	$1,800	$1.34	24d	1	0.90mi
5573 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,080	$1.12	24d	1	0.91mi
5568 Mercado Dr Port Richey, FL	3.0	3.0	1864	$2,030	$1.09	21d	1	0.91mi
7034 Coral Reef Dr Port Richey, FL	3.0	2.0	1325	$1,795	$1.35	24d	1	0.94mi
8124 Cormel St Unit 8126 Port Richey, FL	2.0	1.0	1770	$1,550	$0.88	2d	1	0.97mi
9425 Saint Regis Ln Port Richey, FL	2.0	2.0	1380	$1,700	$1.23	24d	1	0.97mi
8134 Papaya St Port Richey, FL	2.0	2.5	1364	$1,800	$1.32	10d	1	1.00mi
8128 Papaya St Port Richey, FL	2.0	2.5	1364	$1,850	$1.36	5d	1	1.00mi
7318 Vienna Ln Port Richey, FL	2.0	2.0	1530	$1,841	$1.20	20d	1	1.07mi
7435 San Miguel Dr Port Richey, FL	2.0	2.0	1136	$1,500	$1.32	20d	1	1.10mi
7501 San Moritz Dr Port Richey, FL	3.0	2.0	1412	$1,600	$1.13	24d	1	1.15mi
7421 Congress St New Port Richey, FL	4.0	2.0	1792	$1,890	$1.05	20d	1	1.16mi
7205 Moravian Dr Port Richey, FL	3.0	2.0	1518	$1,845	$1.22	20d	1	1.19mi
9741 Scenic Dr Port Richey, FL	3.0	2.0	1246	$1,800	$1.44	4d	1	1.20mi
8228 Chasco Woods Blvd Port Richey, FL	1.0–3.0	1.0–2.0	966	$1,760	$1.82	1d	22	1.21mi
9130 Chatam Ln Port Richey, FL	2.0	2.0	1212	$1,623	$1.34	21d	1	1.22mi
8102 Chickasaw Ln Port Richey, FL	3.0	2.0	1688	$1,969	$1.17	5d	1	1.22mi
7630 Tortuga Bay Blvd Port Richey, FL	3.0	2.0	1180	$1,825	$1.55	12d	17	1.23mi
9211 Chatam Ln Port Richey, FL	3.0	2.0	1176	$2,215	$1.88	20d	1	1.23mi
7616 Washington St Port Richey, FL	3.0	2.0	1180	$1,970	$1.67	24d	1	1.23mi
7301 Moravian Dr Port Richey, FL	3.0	2.0	1325	$1,806	$1.36	5d	1	1.24mi
7212 Carlton Arms Dr New Port Richey, FL	2.0	1.0–2.0	877	$1,609	$1.83	24d	1	1.24mi

Listing history 6 events

1. 2026-02-24
   status Pending
2. 2026-02-23
   listed $139,900 Active
3. 2022-01-05
   soldstatus $243,000
4. 2021-12-21
   soldstatus $243,000 Closed 1277-char remark

   Show marketing remark (1277 chars)

   Lovely furnished 3 Bedroom, 2 Bath, 1 Car Garage, Pool Home for under $250,000!!! * This beautiful and well cared for home is located on a nice large lot with stellar curb appeal and shows pride of ownership. New roof in 2016 and Radiant Barrier for House in 2019. * This home offers a spacious split floor plan. Enter the front porch through the stunning archway and continue into the home with a formal living room on your left and formal dining room to your right. The kitchen features plenty of cabinet space, countertop area, a large pantry and a sitting area to eat in. The rear of the home opens up to a spacious family room with sliding doors that lead to a 16x37 foot swimming pool which is large enough to swim laps in and has a diving board. There is plenty of room for parties and entertainment, or to simply lounge around and enjoy Florida's weather. * Moments from some of the Best Shopping & Medical facilities in Pasco and not too far from Beaches or Tampa International Airport. Located close to US Hwy 19, Little Road and State Road 54, and just off Ridge Road with a new extension under construction that is planned to connect to the Suncoast Parkway. * No deed restrictions or HOA. Call now to schedule your showing today!

5. 2021-11-01
   status Pending 1277-char remark

   Show marketing remark (1277 chars)

   Lovely furnished 3 Bedroom, 2 Bath, 1 Car Garage, Pool Home for under $250,000!!! * This beautiful and well cared for home is located on a nice large lot with stellar curb appeal and shows pride of ownership. New roof in 2016 and Radiant Barrier for House in 2019. * This home offers a spacious split floor plan. Enter the front porch through the stunning archway and continue into the home with a formal living room on your left and formal dining room to your right. The kitchen features plenty of cabinet space, countertop area, a large pantry and a sitting area to eat in. The rear of the home opens up to a spacious family room with sliding doors that lead to a 16x37 foot swimming pool which is large enough to swim laps in and has a diving board. There is plenty of room for parties and entertainment, or to simply lounge around and enjoy Florida's weather. * Moments from some of the Best Shopping & Medical facilities in Pasco and not too far from Beaches or Tampa International Airport. Located close to US Hwy 19, Little Road and State Road 54, and just off Ridge Road with a new extension under construction that is planned to connect to the Suncoast Parkway. * No deed restrictions or HOA. Call now to schedule your showing today!

6. 2021-10-28
   listed $225,000 Active 1277-char remark

   Show marketing remark (1277 chars)

   Lovely furnished 3 Bedroom, 2 Bath, 1 Car Garage, Pool Home for under $250,000!!! * This beautiful and well cared for home is located on a nice large lot with stellar curb appeal and shows pride of ownership. New roof in 2016 and Radiant Barrier for House in 2019. * This home offers a spacious split floor plan. Enter the front porch through the stunning archway and continue into the home with a formal living room on your left and formal dining room to your right. The kitchen features plenty of cabinet space, countertop area, a large pantry and a sitting area to eat in. The rear of the home opens up to a spacious family room with sliding doors that lead to a 16x37 foot swimming pool which is large enough to swim laps in and has a diving board. There is plenty of room for parties and entertainment, or to simply lounge around and enjoy Florida's weather. * Moments from some of the Best Shopping & Medical facilities in Pasco and not too far from Beaches or Tampa International Airport. Located close to US Hwy 19, Little Road and State Road 54, and just off Ridge Road with a new extension under construction that is planned to connect to the Suncoast Parkway. * No deed restrictions or HOA. Call now to schedule your showing today!

ⓘ 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: $4,679 · $390/mo
• Projected year-2 tax: $4,679 · $390/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 4/10 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,428
• − Mortgage interest: −$7,837
• − Property taxes: −$4,679
• − Insurance: −$700
• − Repairs & maintenance: −$1,874
• − Management: −$1,874
• − Depreciation: −$4,070
• Taxable income: $2,395
• Est. tax owed @ 24.0%: −$575
• After-tax cash flow: $3,751/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 — Jasmine Estates

• Score: 67/100
• State rank: #555
• US rank: #10561

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jasmine Estates, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 49,442
• Household income: $47,401
• Rent vs Own: 37.2% rent · 62.8% own
• Severe rent burden: 2699.0

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 23% Two or more races 14% Black 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 10% Cuban 5% Dominican 1%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 82% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -75.64%
• Current HPI: 359.7163
• Rent YoY: ▲ 1.28%
• 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

-37.8% since first listed

6 events — show timeline

• 2026-02-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2022-01-05 Sold (Public Records) $243,000 Public Records
• 2021-12-21 Sold (MLS) $243,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-28 Listed $225,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+16.6%/yr

Latest (2025): $4,679 · +1873.6% YoY. Source: county tax records.