36131 Zinnia St · Zephyrhills West, FL 33541

$210,000

3 bd · 2.0 ba · 1,040 sqft · Manufactured · 30 Days on market

Built 1985 Good condition 4,291 sqft lot Est $140k · 50% over $59/mo HOA · 3% of rent

---

Why this score? — see what drove the F 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 +13.2/30.0
• Schools +4.3/10.0
• Condition / age +4.2/5.0
• 1% rule +4.1/10.0
• DSCR +4.0/10.0
• Livability +3.1/5.0
• Rent growth +1.9/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Turnkey 3-bedroom, 2-bath mobile home in a desirable all-ages Sandalwood community! This light and bright open-concept layout features new flooring throughout, a modern kitchen with granite countertops and crisp white shaker cabinets, and two updated bathrooms with walk-in showers. Big-ticket items are already done—roof installed in 2025. No lot rent, YOU OWN THE LAND! Enjoy easy living close to shopping, dining, and major hospitals, with low HOA fees and no CDD. Seller is offering seller financing with $35,000 down—an excellent opportunity for qualified buyers. Don’t miss this opportunity—schedule your showing today!

Key facts

• New flooring
• Updated bathrooms
• Modern kitchen

Tags

• OPEN-CONCEPT LAYOUT
• NEW FLOORING
• MODERN KITCHEN
• GRANITE COUNTERTOPS
• WHITE SHAKER CABINETS
• UPDATED BATHROOMS

Property features AI

Finance

• Other: Homestead exempt; Lot approximately 0.1 acre (0 to less than 1/4 acre)
• Financial info: Annual taxes listed; No lease restrictions indicated
• HOA & community: Monthly HOA $59.53 (includes pool); Buyer approval required; Pets allowed: cats and dogs; Association approval required

Exterior

• Parking: Carport with 3 spaces
• Utilities: Public water; Public sewer; Electricity available; Cable available; Phone available
• Home design: Manufactured home (double wide); One level; North-facing entry
• Construction: Vinyl siding; Metal roof; Crawlspace foundation
• Exterior features: Private mailbox; Asphalt road access

Interior

• Kitchen: Microwave; Range
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-4 ($-53/yr) — negative.
• To cash-flow at today's rent, offer at most $209k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (9.2% below list).
• Recommended offer: $191k (9.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#772 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, employment 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.
• Zoned schools: West Zephyrhills Elementary School (math 27% / reading 32%, grade F, #1,896 of 2,144 statewide, top 90%, 615 students, 81% FRL); Zephyrhills High School (math 35% / reading 37%, grade F, #359 of 667 statewide, top 55%, 1,656 students, 70% FRL) — zoned schools average 75% FRL vs 48% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 51% district-wide (-18 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.5%/yr); 856 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 40% of the median local income ($57k/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 $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 30 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.

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 $190,616 (9.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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: 0.91% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.09%
• DSCR: 1.00
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $140,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5248 Antigua Dr	0.12mi	2/2.0 (-1)	1,036 (-0%)	1mo	$129,500	$125	88
36620 Kay Ave	0.48mi	2/2.0 (-1)	1,008 (-3%)	1mo	$220,000	$218	67
35912 Verano Ln	0.58mi	2/2.0 (-1)	1,056 (+2%)	2mo	$127,000	$120	64
4920 Blanco Dr	0.56mi	2/2.0 (-1)	1,008 (-3%)	1mo	$125,000	$124	63
5324 Seville Dr	0.19mi	2/2.0 (-1)	1,160 (+12%)	5mo	$140,000	$121	63
36708 Niles Dr	0.56mi	2/2.0 (-1)	1,008 (-3%)	2mo	$155,000	$154	62
5341 Powhattan St	0.43mi	2/2.0 (-1)	960 (-8%)	3mo	$170,000	$177	60
36816 Hibiscus Ct	0.73mi	2/2.0 (-1)	1,040 (0%)	3mo	$140,000	$135	58
36827 Grace Ave	0.69mi	2/2.0 (-1)	1,056 (+2%)	4mo	$134,000	$127	57
5619 Dakota St	0.53mi	2/2.0 (-1)	960 (-8%)	3mo	$175,000	$182	55
5404 Waters St	0.73mi	3/2.0	1,146 (+10%)	3mo	$146,000	$127	46
4912 Dorado St	0.49mi	2/2.0 (-1)	888 (-15%)	2mo	$144,000	$162	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: -20.0%
• Equity multiple: 0.32×
• Total profit: $-39,830
• Equity at exit: $31,312

10-year hold

• IRR: -21.7%
• Equity multiple: 0.04×
• Total profit: $-56,368
• Equity at exit: $18,157

Cash invested: $58,800 (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 33541

• Home prices YoY: -15.2%
• Rents YoY: -2.5%
• Active inventory: 856
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,906 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$88
• HOA: −$59
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $-4

Break-even live

Break-even rent $1,912

Max offer price $209,364

Occupancy floor 95%

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35940 Inspiration Dr Zephyrhills, FL	1.0–3.0	1.0–2.0	1034	$1,988	$1.92	2d	21	0.25mi
36106 Lake Chase Blvd #102 Zephyrhills, FL	3.0	2.0	1170	$1,650	$1.41	5d	1	0.56mi
36106 Lake Chase Blvd Zephyrhills, FL	3.0	2.0	1325	$1,700	$1.28	24d	1	0.56mi
5914 Willow Ridge Dr #101 Zephyrhills, FL	2.0	2.0	987	$1,500	$1.52	24d	1	0.60mi
36009 Deer Creek Dr #104 Zephyrhills, FL	2.0	2.0	1029	$1,450	$1.41	24d	1	0.61mi
36243 Lake Chase Blvd #203 Zephyrhills, FL	3.0	2.0	1278	$1,775	$1.39	24d	1	0.62mi
36321 Stonewood Ln #103 Zephyrhills, FL	2.0	2.0	987	$1,525	$1.55	24d	1	0.63mi
36015 Deer Creek Dr #202 Zephyrhills, FL	2.0	2.0	1062	$1,450	$1.37	24d	1	0.64mi
36801 Camelia Ct Zephyrhills, FL	2.0	2.0	864	$1,350	$1.56	24d	1	0.69mi
36095 Carriage Pine Ct Zephyrhills, FL	3.0	2.0	1461	$1,990	$1.36	24d	1	1.10mi
5521 Barbara St Zephyrhills, FL	2.0	2.0	1056	$1,800	$1.70	24d	1	1.18mi
33529 Buttonweed Trl Zephyrhills, FL	3.0	2.0	1412	$2,500	$1.77	24d	1	1.23mi
4111 Ryals Rd Zephyrhills, FL	4.0	3.0	1216	$2,195	$1.81	3d	1	1.26mi
5019 Coopers Hawk Pl Zephyrhills, FL	3.0	2.0	1456	$1,699	$1.17	10d	1	1.34mi
34747 Double Eagle Ct Zephyrhills, FL	2.0	2.0	1308	$1,650	$1.26	18d	1	1.40mi
34933 Daisy Meadow Loop Zephyrhills, FL	3.0	2.0	1412	$1,875	$1.33	15d	1	1.42mi
34652 Blue Starling St Zephyrhills, FL	3.0	2.0	1352	$1,650	$1.22	5d	1	1.49mi

HOA detail

• Monthly dues: $59 · $708/yr

Listing history 15 events

1. 2026-06-18
   days on market $210,000 Active 30 DOM
2. 2026-06-17
   price $210,000 Active 29 DOM
3. 2026-06-17
   days on market $215,000 Active 29 DOM
4. 2026-06-16
   days on market $215,000 Active 28 DOM
5. 2026-06-15
   days on market $215,000 Active 27 DOM
6. 2026-06-13
   days on market $215,000 Active 25 DOM
7. 2026-06-09
   days on market $215,000 Active 21 DOM
8. 2026-06-08
   days on market $215,000 Active 20 DOM
9. 2026-06-07
   days on market $215,000 Active 19 DOM
10. 2026-06-04
    days on market $215,000 Active 16 DOM
11. 2026-06-03
    days on market $215,000 Active 15 DOM
12. 2026-06-02
    days on market $215,000 Active 14 DOM
13. 2026-06-01
    days on market $215,000 Active 13 DOM
14. 2026-05-31
    days on market $215,000 Active 12 DOM
15. 2026-05-19
    listed $215,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,874
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,830
• − Management: −$1,830
• − HOA: −$708
• − Depreciation: −$6,109
• Taxable loss: −$3,566
• Est. tax savings @ 24.0%: +$856
• After-tax cash flow: $803/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.

Condition & rehab AI · 24 photos

Good 85/100 None rehab

This turnkey 3-bedroom, 2-bath mobile home in a desirable all-ages community is in excellent condition with new flooring, granite countertops, and updated bathrooms. The new roof and low HOA fees make it an excellent opportunity for qualified buyers.

Value-add opportunities

• Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics
• Both Replace window screens — Screens can improve energy efficiency and reduce maintenance costs
• Both Install smart home devices — Smart home devices can increase home value and convenience

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Replace window screens — Screens can improve energy efficiency and reduce maintenance costs ↑
• Both Install smart home devices — Smart home devices can increase home value and convenience ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 West

• Score: 61/100
• State rank: #772
• US rank: #17403

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 24,654
• Household income: $56,579
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 393.0

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 (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 8% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 9%
• Common ancestry: Lithuanian 4% Romanian 3% Serbian 3%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 9% Tagalog/Filipino 1% Other Asian/Pacific 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: ▼ -55.21%
• Current HPI: 308.0619
• Rent YoY: ▼ -2.51%
• 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

1 event — show timeline

• 2026-05-19 Listed $215,000 Stellar MLS as Distributed by MLS Grid