3318 Carnation Ln · Zephyrhills, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +11.2/15.0
- DSCR +10.0/10.0
- 1% rule +9.4/10.0
- Schools +4.3/10.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Rent growth +1.9/5.0
- Appreciation +0.0/10.0
$142,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
Key facts
- Laundry area
- Community pool
- Fully furnished
Tags
Property features AI
Finance
- Other: Furnished; Other exemptions apply
- Financial info: Total monthly fees $80; total annual fees $960; Lease restrictions apply
- HOA & community: Has HOA (monthly fee $80) — fee includes sewer, trash and water; Association amenities: clubhouse, pool; Association approval required; Association recreation (lease), buyer approval required, golf carts allowed; Senior community — pets allowed with breed restrictions; Association name: Bernice Schlicht
Exterior
- Parking: Has carport (1 space)
- Utilities: Well water; Private sewer; Broadband/high-speed internet available
- Home design: Manufactured home (double wide); One story; Faces west; Residential property
- Construction: Metal siding; Membrane roof; Metal roof; Crawlspace foundation; Built on a 0.12-acre lot
- Exterior features: Sliding doors; Other exterior features
Interior
- Kitchen: Range hood; Refrigerator
- Bedrooms: 2 bedrooms
- Flooring: Carpet
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans
- Laundry & utility: Washer; Dryer; Electric water heater; Laundry: Other
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $143k.
Deal economics
- At list price, monthly cash flow is $659 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $143k).
- Recommended offer: $126k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.8% vs local median 3.8% 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 soft (-2.5%/yr); 856 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 44% 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 $988 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.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $40k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 155 days — a 12% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 8y ago; this cycle's ask has dropped $9k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $84k; list at $143k implies a 70% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 155 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.44% ✓
- Cap rate
- 11.82%
- Cash-on-cash
- 19.75%
- DSCR
- 1.88
- GRM
- 5.8
CMA / ARV
- ARV (on-the-fly)
- $155,520
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 34645 Lily Ln | 0.06mi | 2/2.0 (-1) | 1,056 (-8%) | 10mo | $127,500 | $121 | 70 |
| 3041 Short Leaf St | 0.44mi | 3/2.0 | 1,170 (+2%) | 11mo | $157,500 | $135 | 68 |
| 35043 Chancey Rd | 0.38mi | 3/2.0 | 1,248 (+8%) | 8mo | $196,000 | $157 | 62 |
| 3145 Hickory Dr | 0.73mi | 2/2.0 (-1) | 1,144 (-1%) | 1mo | $155,000 | $135 | 59 |
| 3010 Whispering Ln | 0.54mi | 3/2.0 | 1,104 (-4%) | 15mo | $172,000 | $156 | 56 |
| 3141 Great Oak St | 0.63mi | 2/2.0 (-1) | 1,226 (+6%) | 1mo | $125,000 | $102 | 54 |
| 3045 Shady Creek Dr | 0.58mi | 2/2.0 (-1) | 1,214 (+5%) | 6mo | $130,000 | $107 | 54 |
| 34135 Brown Byu | 0.63mi | 3/2.0 | 1,081 (-6%) | 10mo | $160,000 | $148 | 52 |
| 3838 Chah Dr | 0.68mi | 2/2.0 (-1) | 1,248 (+8%) | 2mo | $160,000 | $128 | 48 |
| 34313 Countryside Dr | 0.43mi | 2/2.0 (-1) | 1,040 (-10%) | 16mo | $139,900 | $135 | 46 |
| 34121 Tree Lake Dr | 0.61mi | 2/2.0 (-1) | 988 (-14%) | 9mo | $118,000 | $119 | 36 |
| 3912 Damian Dr | 0.74mi | 2/2.0 (-1) | 1,248 (+8%) | 14mo | $160,000 | $128 | 35 |
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
- IRR
- 8.4%
- Equity multiple
- 1.32×
- Total profit
- $12,783
- Equity at exit
- $21,307
- IRR
- 15.0%
- Equity multiple
- 2.05×
- Total profit
- $41,925
- Equity at exit
- $12,355
Cash invested: $40,012 (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
ZIP-level market 33541
- Home prices YoY
- -15.2%
- Rents YoY
- -2.5%
- Active inventory
- 856
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $2,057 high interval (Pro) →
- Mortgage (P&I)
- −$749
- Tax from tax record
- −$77 /mo · $928/yr
- Insurance
- −$60
- HOA
- −$80
- Vacancy / Maint / Mgmt
- −$432
- Net cashflow
- $659
Break-even live
Sensitivity live
| Price | -10% $740 | -5% $699 | +0% $659 | +5% $618 | +10% $578 |
|---|---|---|---|---|---|
| Rent | -10% $496 | -5% $577 | +0% $659 | +5% $740 | +10% $821 |
| Rate | -1.0pp $731 | -0.5pp $695 | base $659 | +0.5pp $622 | +1.0pp $584 |
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
- $35,725
- Closing costs
- $4,287
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3030 Beaver Creek Dr Wesley Chapel, FL | 2.0 | 1.0 | 700 | $950 | $1.36 | 15d | 1 | 0.55mi |
| 36232 Lanier Oaks Pt , FL | 3.0 | 2.0 | 1325 | $1,700 | $1.28 | 25d | 1 | 0.67mi |
| 2516 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,000 | $1.46 | 25d | 1 | 1.04mi |
| 3829 Kim Dr Wesley Chapel, FL | 2.0 | 1.0 | 832 | $1,395 | $1.68 | 25d | 1 | 1.06mi |
| 2415 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,300 | $1.68 | 6d | 1 | 1.07mi |
| 2407 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,849 | $1.35 | 17d | 1 | 1.07mi |
| 2407 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,849 | $1.35 | 25d | 1 | 1.07mi |
| 2407 Paravane Way Wesley Chapel, FL | 3.0 | 3.0 | 1373 | $1,849 | $1.35 | 13d | 1 | 1.07mi |
| 2358 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,000 | $1.46 | 3d | 1 | 1.11mi |
| 2264 Paravane Way Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,000 | $1.46 | 25d | 1 | 1.20mi |
| 2308 Alee Ln Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,825 | $1.33 | 17d | 1 | 1.20mi |
| 33780 Charleston Club Cir Wesley Chapel, FL | 1.0–3.0 | 1.0–2.0 | 1059 | $2,360 | $2.23 | 0d | 13 | 1.20mi |
| 34142 Polacca Ln Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,100 | $1.53 | 25d | 1 | 1.30mi |
| 2191 Hallier Cv Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,999 | $1.46 | 25d | 1 | 1.31mi |
| 2191 Hallier Cv Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,900 | $1.38 | 11d | 1 | 1.31mi |
| 2191 Hallier Cv Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $1,999 | $1.46 | 22d | 1 | 1.31mi |
| 2187 Hallier Cv Wesley Chapel, FL | 3.0 | 3.0 | 1373 | $1,945 | $1.42 | 15d | 1 | 1.31mi |
| 2085 Hallier Cv Wesley Chapel, FL | 3.0 | 2.5 | 1373 | $2,200 | $1.60 | 6d | 1 | 1.39mi |
| 33976 Lusitano Dr Wesley Chapel, FL | 1.0–3.0 | 1.0–2.5 | 1251 | $2,895 | $2.31 | 13d | 71 | 1.45mi |
HOA detail
- Monthly dues
- $80 · $960/yr
- Likely covers
- watersewertrash
Listing history 36 events
-
2026-06-18days on market $142,900 Active 155 DOM
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2026-06-17days on market $142,900 Active 154 DOM
-
2026-06-16days on market $142,900 Active 153 DOM
-
2026-06-15days on market $142,900 Active 152 DOM
-
2026-06-13days on market $142,900 Active 150 DOM
-
2026-06-09days on market $142,900 Active 146 DOM
-
2026-06-08days on market $142,900 Active 145 DOM
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2026-06-08price $142,900 Active 144 DOM
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2026-06-07days on market $144,900 Active 144 DOM
-
2026-06-04days on market $144,900 Active 141 DOM
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2026-06-03days on market $144,900 Active 140 DOM
-
2026-06-02days on market $144,900 Active 139 DOM
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2026-06-01days on market $144,900 Active 138 DOM
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2026-05-31days on market $144,900 Active 137 DOM
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2026-03-14price $144,900
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2026-03-03price $146,900
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2026-01-14$151,900 Active
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2021-01-14soldstatus $84,000
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2021-01-08soldstatus $84,000 Sold 1211-char remark
Show marketing remark (1211 chars)
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
-
2020-11-05status Pending 1211-char remark
Show marketing remark (1211 chars)
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
-
2020-11-03status Active 1211-char remark
Show marketing remark (1211 chars)
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
-
2020-10-09status Pending 1211-char remark
Show marketing remark (1211 chars)
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
-
2020-10-05$84,000 Active 1211-char remark
Show marketing remark (1211 chars)
Looking for your perfect winter retreat or even planning on relocating? Pack your bags and look no further! This fully furnished 2/2 has been kept well. Kitchen has been freshened up with a new coat of paint and has plenty of space and a pantry. Off of the kitchen you have a separate dinning area with a beautiful large built in china cabinet. One thing that isn't lacking in this home is space. Both bedrooms have walk in closets. Off of the living room you have an enclosed Florida room with AC that is perfect for enjoying your morning cup of Joe. Home features a laundry area in the utility room that is located in a second enclosed lanai/ Florida room and is the perfect size for entertaining. Out off the back is a small patio where you can soak in some Florida rays. You wont have any lending worries with this home as home was recently updated with Tie Downs to meet lending requirements. And lets not forget to mention you own your own land, yes this means no lot rent! All of this is located in the 55+ community of Tippecanoe Village where the HOA is very minimal and includes your water, trash, sewer and clubhouse. You wont want to miss this! Call today to schedule a showing before it's too late.
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2019-01-15soldstatus $71,500
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2019-01-13soldstatus $71,500 Sold 804-char remark
Show marketing remark (804 chars)
If you're looking for your own slice of paradise that's close to everything, this is the place for you. With this house YOU OWN THE LAND! This home is located in the great 55+ community of Tippecanoe Village. The hoa is very minimal and includes your clubhouse, water, trash and sewer! Finding yourself at this active community you have access to a ton of events as well as the pool, horseshoe pits, shuffleboard courts, petanque pits and pool table. This double wide has been meticulously taken care of and recently refreshed. The carpet throughout was recently replaced. It has two patios and a laundry shed. The patios have both just been recently refloored with new Laminate tiles as well! This place is truly yours to call home. It has two bedrooms and two baths. Come make this your new home today!
-
2018-12-01status Pending 804-char remark
Show marketing remark (804 chars)
If you're looking for your own slice of paradise that's close to everything, this is the place for you. With this house YOU OWN THE LAND! This home is located in the great 55+ community of Tippecanoe Village. The hoa is very minimal and includes your clubhouse, water, trash and sewer! Finding yourself at this active community you have access to a ton of events as well as the pool, horseshoe pits, shuffleboard courts, petanque pits and pool table. This double wide has been meticulously taken care of and recently refreshed. The carpet throughout was recently replaced. It has two patios and a laundry shed. The patios have both just been recently refloored with new Laminate tiles as well! This place is truly yours to call home. It has two bedrooms and two baths. Come make this your new home today!
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2018-11-08$69,500 Active 804-char remark
Show marketing remark (804 chars)
If you're looking for your own slice of paradise that's close to everything, this is the place for you. With this house YOU OWN THE LAND! This home is located in the great 55+ community of Tippecanoe Village. The hoa is very minimal and includes your clubhouse, water, trash and sewer! Finding yourself at this active community you have access to a ton of events as well as the pool, horseshoe pits, shuffleboard courts, petanque pits and pool table. This double wide has been meticulously taken care of and recently refreshed. The carpet throughout was recently replaced. It has two patios and a laundry shed. The patios have both just been recently refloored with new Laminate tiles as well! This place is truly yours to call home. It has two bedrooms and two baths. Come make this your new home today!
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2018-03-28soldstatus $57,500
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2018-03-24status Pending
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2018-03-23status Pending
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2018-03-23soldstatus $57,500 Sold
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2018-03-22status Pending
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2018-03-22status Pending
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2018-02-27status Pending
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2018-02-20$59,900 Active
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2004-03-17soldstatus $51,000
ⓘ 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
- $928 · $77/mo
- Projected year-2 tax
- $1,186 · $99/mo
- Expected delta
- +$258/yr (+$21/mo · 27.7%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 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 · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,683
- − Mortgage interest
- −$8,005
- − Property taxes
- −$928
- − Insurance
- −$714
- − Repairs & maintenance
- −$1,975
- − Management
- −$1,975
- − HOA
- −$960
- − Depreciation
- −$4,157
- Taxable income
- $5,969
- Est. tax owed @ 24.0%
- −$1,432
- After-tax cash flow
- $6,471/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
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)
- 24,654
- Household income
- $56,579
- Rent vs 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+184.1% since first listed22 events — show timeline
- 2026-03-14 Price Changed $144,900 Stellar MLS as Distributed by MLS Grid
- 2026-03-03 Price Changed $146,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-14 Listed $151,900 Stellar MLS as Distributed by MLS Grid
- 2021-01-14 Sold (Public Records) $84,000 Public Records
- 2021-01-08 Sold (MLS) $84,000 Stellar MLS as Distributed by MLS Grid
- 2020-11-05 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-11-03 Relisted — Stellar MLS as Distributed by MLS Grid
- 2020-10-09 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-10-05 Listed $84,000 Stellar MLS as Distributed by MLS Grid
- 2019-01-15 Sold (Public Records) $71,500 Public Records
- 2019-01-13 Sold (MLS) $71,500 Stellar MLS as Distributed by MLS Grid
- 2018-12-01 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-11-08 Listed $69,500 Stellar MLS as Distributed by MLS Grid
- 2018-03-28 Sold (Public Records) $57,500 Public Records
- 2018-03-24 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-03-23 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-03-23 Sold (MLS) $57,500 Stellar MLS as Distributed by MLS Grid
- 2018-03-22 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-03-22 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-02-27 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-02-20 Listed $59,900 Stellar MLS as Distributed by MLS Grid
- 2004-03-17 Sold (Public Records) $51,000 Public Records
Property tax history
+1.2%/yrLatest (2025): $928 · +4.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…