5153 Haberman Dr · Spring Lake, FL 34601

$79,900

2 bd · 1.0 ba · 784 sqft · Manufactured public records · 8 Days on market

Built 1985 0.69 ac lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits in beautiful Brooksville, Florida! Situated on approximately 0.70 acres shaded by mature trees, this 2-bedroom, 1-bath single-wide mobile home offers a spacious floor plan and endless potential. The property is in need of a complete renovation, making it an excellent opportunity for investors, flippers, or buyers looking to create their own private retreat. With plenty of room to expand and enjoy the peaceful natural setting, this property could become a great investment or a future personal residence. Conveniently located near shopping, dining, and local amenities while still offering a country feel. Bring your vision and transform this property into something special. Call today for more details and to schedule your showing!

Key facts

• Complete renovation
• Spacious floor plan
• 0.70 acres

Tags

• 0.70 ACRES
• MATURE TREES
• COMPLETE RENOVATION
• SPACIOUS FLOOR PLAN
• PEACEFUL NATURAL SETTING

Property features AI

Finance

• Other: Unfurnished; One septic system; Zoning: R1A; Property type: Manufactured Home
• HOA & community: No association

Exterior

• Utilities: Public water; Septic tank sewer; Cable available; Electricity available; Water connected
• Home design: Manufactured single-wide home; Residential property; Fixer condition; One story; Faces east; Entry level: One
• Construction: Metal siding; Membrane roof; Pillar/post/pier foundation; Built area about 784 square feet
• Exterior: Lot: Lot is cleared and level; Approximately 0.69 acres (100 x 297); Mature landscaping with oak trees; Chip-and-seal public-maintained road
• Exterior features: Covered, screened front porch

Interior

• Kitchen: No appliances included
• Bedrooms: 2 bedrooms
• Flooring: Other
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window air conditioning units
• Interior features: Eat-in kitchen; Open floorplan; Storage rooms
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $80k.

Deal economics

• At list price, monthly cash flow is $417 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Cap rate 12.6% vs local median 1.8% in Spring Lake — 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 59/100 on livability (#819 in FL) — a working-class tenant base; expect higher turnover. Strengths: housing A+, crime A-; Watch: employment C-, health & safety C-, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Eastside Elementary School (math 37% / reading 32%, grade F, #1,709 of 2,144 statewide, top 81%, 737 students, 73% FRL); D. S. Parrott Middle School (math 40% / reading 40%, grade F, #368 of 571 statewide, top 65%, 835 students, 67% FRL).
• Zoned-school proficiency averages 37% at this address vs 50% district-wide (-13 pts) — the specific schools serving this property underperform the Hernando average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 498 active listings in the ZIP; 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.2% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 20y 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.
• Current owner paid $23k; list at $80k implies a 247% 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; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.53% ✓
• Cap rate: 12.56%
• Cash-on-cash: 22.36%
• DSCR: 2.00
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $159,936
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5126 Terrace Way	0.09mi	2/1.0	784 (0%)	13mo	$159,900	$204	85
5043 Goodwin Rd	0.20mi	2/2.0	784 (0%)	2mo	$148,000	$189	85
24464 Casey Rd	0.27mi	2/2.0	864 (+10%)	13mo	$180,000	$208	56

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 · 0.19% rent growth · sell at horizon

5-year hold

• IRR: 12.0%
• Equity multiple: 1.46×
• Total profit: $10,255
• Equity at exit: $11,913

10-year hold

• IRR: 18.6%
• Equity multiple: 2.35×
• Total profit: $30,118
• Equity at exit: $6,908

Cash invested: $22,372 (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 34601

• Home prices YoY: -29.7%
• Rents YoY: 0.2%
• Active inventory: 498
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,226 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$99 /mo · $1,193/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $417

Break-even live

Break-even rent $698

Max offer price $79,900

Occupancy floor 61%

Sensitivity live

Price	-10% $462	-5% $440	+0% $417	+5% $394	+10% $372
Rent	-10% $320	-5% $369	+0% $417	+5% $465	+10% $514
Rate	-1.0pp $457	-0.5pp $437	base $417	+0.5pp $396	+1.0pp $375

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-22
   status $79,900 Pending 8 DOM
2. 2026-06-21
   days on market $79,900 Active 8 DOM
3. 2026-06-18
   days on market $79,900 Active 5 DOM
4. 2026-06-17
   days on market $79,900 Active 4 DOM
5. 2026-06-16
   days on market $79,900 Active 3 DOM
6. 2026-06-15
   days on market $79,900 Active 2 DOM
7. 2026-06-13
   remarks 699-char remark

   Show marketing remark (755 chars)

   Opportunity awaits in beautiful Brooksville, Florida! Situated on approximately 0.70 acres shaded by mature trees, this 2-bedroom, 1-bath single-wide mobile home offers a spacious floor plan and endless potential. The property is in need of a complete renovation, making it an excellent opportunity for investors, flippers, or buyers looking to create their own private retreat. With plenty of room to expand and enjoy the peaceful natural setting, this property could become a great investment or a future personal residence. Conveniently located near shopping, dining, and local amenities while still offering a country feel. Bring your vision and transform this property into something special. Call today for more details and to schedule your showing!

8. 2026-06-13
   listed $79,900 Active 1 DOM

   Show marketing remark (755 chars)

   Opportunity awaits in beautiful Brooksville, Florida! Situated on approximately 0.70 acres shaded by mature trees, this 2-bedroom, 1-bath single-wide mobile home offers a spacious floor plan and endless potential. The property is in need of a complete renovation, making it an excellent opportunity for investors, flippers, or buyers looking to create their own private retreat. With plenty of room to expand and enjoy the peaceful natural setting, this property could become a great investment or a future personal residence. Conveniently located near shopping, dining, and local amenities while still offering a country feel. Bring your vision and transform this property into something special. Call today for more details and to schedule your showing!

ⓘ 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: $1,193 · $99/mo
• Projected year-2 tax: $1,193 · $99/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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,714
• − Mortgage interest: −$4,476
• − Property taxes: −$1,193
• − Insurance: −$400
• − Repairs & maintenance: −$1,177
• − Management: −$1,177
• − Depreciation: −$2,324
• Taxable income: $3,967
• Est. tax owed @ 24.0%: −$952
• After-tax cash flow: $4,051/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Spring Lake

• Score: 59/100
• State rank: #819
• US rank: #19649

Category grades

Amenities F Commute F Cost of living B- 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: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 24,115
• Household income: $60,440
• Rent vs Own: 27.6% rent · 72.4% own
• Severe rent burden: 664.0

Population outlook (Hernando County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 11% Black 8% Two or more races 5%
• Hispanic origin (detail): Puerto Rican 4% Cuban 2% Dominican 1%
• Common ancestry: Slovak 4% Romanian 2% Iranian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Hernando

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -132.68%
• Current HPI: 313.4695
• Rent YoY: ▲ 0.19%
• 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

+234.3% since first listed

19 events — show timeline

• 2026-06-13 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2026-06-13 Listed $79,900 HCAR
• 2019-11-11 Listing Removed — HCAR
• 2019-11-11 Listing Removed — HCAR
• 2019-11-11 Listing Removed — HCAR
• 2019-11-11 Listing Removed — HCAR
• 2017-05-01 Sold (MLS) $23,000 St. Augustine and St. Johns County Board of REALTORS®
• 2017-05-01 Sold (MLS) $23,000 HCAR
• 2014-09-09 Listed $26,000 St. Augustine and St. Johns County Board of REALTORS®
• 2014-09-09 Listed $26,000 HCAR
• 2013-08-13 Listed $37,900 HCAR
• 2012-08-13 Listed $37,900 HCAR
• 2012-01-22 Listed $39,000 HCAR
• 2008-02-20 Listed $74,900 HCAR
• 2007-01-26 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-08-07 Listed $82,000 Stellar MLS as Distributed by MLS Grid
• 1999-10-29 Sold (Public Records) $33,000 Public Records
• 1999-10-29 Sold (Public Records) $33,000 Public Records
• 1995-01-13 Sold (Public Records) $23,900 Public Records

Property tax history

+7.5%/yr

Latest (2025): $1,193 · +0.5% YoY. Source: county tax records.