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16735 Olivaud St
C- Composite 54.39
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 +21.5/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.9/10.0
  • 1% rule +6.2/10.0
  • 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

$159,900

16735 Olivaud St · Heritage Pines, FL 34667
2 bd · 2.0 ba · 1,296 sqft · Manufactured public records · 146 Days on market
Built 1998 6,452 sqft lot $85/mo HOA · 5% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

Key facts

  • Shaded corner lot
  • Open floor plan
  • Updated bath

Tags

SHADED CORNER LOTOPEN FLOOR PLANUPDATED KITCHENREFRESHED CABINETRYOVERSIZED CLOSETSUPDATED BATH

Property features AI

Finance

  • Other: Association requires fees; Unfurnished
  • Financial info: Total monthly fees $85 (total annual fees $1,020); Lease restrictions apply
  • HOA & community: Great Cypress HOA (monthly fee $85); HOA fees include pool and recreational facilities; Association approval required; Clubhouse and recreation facilities on site; Deed restrictions; Sidewalks; Senior community; Pets allowed (cats and dogs)

Exterior

  • Parking: Driveway; Carport (1 space)
  • Utilities: Public water; Public sewer; Cable available; Electricity connected; Sewer connected
  • Home design: Manufactured double-wide home; Single-story; South-facing; Completed condition
  • Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as a manufactured home
  • Exterior features: Covered, enclosed and screened front porch; Porch with sliding doors; Exterior storage; Exterior lighting; Sidewalks; Mature landscaping; Corner lot; Landscaped yard; Paved road

Interior

  • Kitchen: Cooktop; Range; Microwave; Dishwasher; Refrigerator
  • Bedrooms: 2 bedrooms
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Eat-in kitchen; Vaulted ceilings; Walk-in closets; Window treatments; Great Room
  • Laundry & utility: Washer hookup; Electric dryer hookup; Interior laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $160k.

Deal economics

  • At list price, monthly cash flow is $241 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.1% vs local median 3.6% in Heritage Pines — 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 71/100 on livability (#399 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, health & safety 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 (-2.3%/yr); 790 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).
  • This rent runs 42% of the median local income ($51k/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.
  • 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 146 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 7y 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 $135k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $140,712 (12.0% below list)

Questions for the listing agent

  1. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.12%
Cap rate
8.10%
Cash-on-cash
6.46%
DSCR
1.29
GRM
7.5

CMA / ARV

ARV (on-the-fly)
$360,288
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10101 Shay Ct 0.51mi 3/2.0 (+1) 1,404 (+8%) 12mo $390,000 $278 48

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
-9.9%
Equity multiple
0.65×
Total profit
$-15,720
Equity at exit
$23,842
10-year hold
IRR
-5.6%
Equity multiple
0.69×
Total profit
$-13,870
Equity at exit
$13,825

Cash invested: $44,772 (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.

ZIP-level market 34667

Rents YoY
-2.3%
Active inventory
790
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$1,786 medium interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$180 /mo · $2,158/yr
Insurance
$67
HOA
$85
Vacancy / Maint / Mgmt
$375
Net cashflow
$241

Break-even live

Break-even rent $1,481
Max offer price $159,900
Occupancy floor 82%

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
$39,975
Closing costs
$4,797
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
17020 Meridian Blvd Hudson, FL 3.0 2.0 1000 $1,500 $1.50 17d 1 0.34mi

HOA detail

Monthly dues
$85 · $1,020/yr
Likely covers
landscapingpool

Listing history 29 events

  1. 2026-06-18
    days on market $159,900 Active 146 DOM
  2. 2026-06-17
    days on market $159,900 Active 145 DOM
  3. 2026-06-16
    days on market $159,900 Active 144 DOM
  4. 2026-06-15
    days on market $159,900 Active 143 DOM
  5. 2026-06-13
    days on market $159,900 Active 141 DOM
  6. 2026-06-09
    days on market $159,900 Active 137 DOM
  7. 2026-06-08
    days on market $159,900 Active 136 DOM
  8. 2026-06-07
    days on market $159,900 Active 135 DOM
  9. 2026-06-04
    days on market $159,900 Active 132 DOM
  10. 2026-06-03
    days on market $159,900 Active 131 DOM
  11. 2026-06-02
    days on market $159,900 Active 130 DOM
  12. 2026-06-01
    days on market $159,900 Active 129 DOM
  13. 2026-05-31
    days on market $159,900 Active 128 DOM
  14. 2026-05-08
    price $159,900
  15. 2026-01-23
    listed $169,900 Active
  16. 2024-12-06
    soldstatus $135,000
  17. 2024-11-27
    soldstatus $135,000 Closed 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  18. 2024-11-04
    status Pending 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  19. 2024-10-01
    price $135,000 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  20. 2024-09-10
    price $150,000 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  21. 2024-08-19
    price $160,000 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  22. 2024-07-02
    price $165,000 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  23. 2024-06-20
    listed $175,000 Active 1885-char remark
    Show marketing remark (1885 chars)

    Nestled on a spacious and shaded corner lot in the lovely 55+ community of Lake Marinette in peaceful Hudson, this immaculately maintained 2-bedroom, 2-bath manufactured home is a move-in-ready paradise for those seeking low-maintenance Old Florida ambiance with in-demand amenities, just moments from shopping, dining, and the world-famous Gulf Beaches. Surrounded by old-growth forests with convenient access to US 19, you'll love the neighborhood's many parks, golf courses, and arts and cultural destinations, as well as a clubhouse, shuffleboard, and a sparkling resort-style pool. Greet the morning on your private screened-in lanai, or entertain friends and family in the bright and airy open floorplan living space, with vaulted ceilings, plank flooring, clean lines, and sliding glass doors. Unleash your inner chef in the modern kitchen, with new stainless steel appliances, updated cabinetry, and plenty of natural light. The owner's suite features a large plushly carpeted bedroom, oversized closets, and a delightful bath with a sleek double vanity, brushed nickel fixtures, and a new enclosed shower stall. The second bedroom offers stylish flooring and a walk-in closet, and the guest bath shines with a vaulted ceiling, double vanity, and a sparkling tub that's perfect for a nice, relaxing soak. This unique property also has indoor washer-dryer hookups, a sturdy carport to protect your vehicles against the powerful Florida sun, an attached workshop with built-in storage, and gorgeous landscaping. Enjoy ownership of both land and home without high park fees. Lake Marinette's 55+ Mobile Home community offers a range of amenities including a beautiful pool, clubhouse, and free storage for boats or RVs (subject to availability) for low monthly fee. This one-of-a-kind abode is just waiting to charm you — reach out to us today to schedule your private tour!

  24. 2020-04-17
    soldstatus $85,000
  25. 2019-11-18
    status Pending
  26. 2019-11-18
    historical
  27. 2019-10-04
    price $89,900
  28. 2019-08-14
    listed $95,000 Active
  29. 1997-07-09
    soldstatus $8,800

ⓘ 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
$2,158 · $180/mo
Projected year-2 tax
$2,158 · $180/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 5/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 24 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,435
− Mortgage interest
−$8,957
− Property taxes
−$2,158
− Insurance
−$800
− Repairs & maintenance
−$1,715
− Management
−$1,715
− HOA
−$1,020
− Depreciation
−$4,652
Taxable income
$419
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$101
After-tax cash flow
$2,793/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 — Heritage Pines

Score
71/100
State rank
#399
US rank
#7107

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C- Housing A+ Health & safety C- 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)
30,689
Household income
$51,280
Rent vs Own
23.0% rent · 77.0% own
Severe rent burden
946.0

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 (86%)
Race & ethnicity
White 86% Hispanic / Latino 7% Two or more races 6% Black 2% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2%
Common ancestry
Romanian 4% Lithuanian 3% Slovak 2%
Foreign-born
7% · Canada, Jamaica, Vietnam
Languages at home
91% English-only · Spanish 5% Other Indo-European 2% French/Haitian/Cajun 0%

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
▼ -183.96%
Current HPI
307.5552
Rent YoY
▼ -2.26%
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

Price history

+1717.0% since first listed
16 events — show timeline
  • 2026-05-08 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
  • 2026-01-23 Listed $169,900 Stellar MLS as Distributed by MLS Grid
  • 2024-12-06 Sold (Public Records) $135,000 Public Records
  • 2024-11-27 Sold (MLS) $135,000 Stellar MLS as Distributed by MLS Grid
  • 2024-11-04 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-10-01 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
  • 2024-09-10 Price Changed $150,000 Stellar MLS as Distributed by MLS Grid
  • 2024-08-19 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
  • 2024-07-02 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
  • 2024-06-20 Listed $175,000 Stellar MLS as Distributed by MLS Grid
  • 2020-04-17 Sold (Public Records) $85,000 Public Records
  • 2019-11-18 Pending Stellar MLS as Distributed by MLS Grid
  • 2019-11-18 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2019-10-04 Price Changed $89,900 Stellar MLS as Distributed by MLS Grid
  • 2019-08-14 Listed $95,000 Stellar MLS as Distributed by MLS Grid
  • 1997-07-09 Sold (Public Records) $8,800 Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,158 · +193.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…