37332 Sandra Ave · Zephyrhills West, FL 33542

$111,900

2 bd · 2.0 ba · 684 sqft · Manufactured public records · 105 Days on market

Built 1969 5,610 sqft lot Est $87k · 29% over $37/mo HOA · 3% of rent

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Why this score? — see what drove the D+ 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 +22.1/30.0
• DSCR +7.1/10.0
• 1% rule +6.2/10.0
• Schools +4.3/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming split 2 bedroom plan with 1 and a half bath is ready for your winter pleasure. Furnished as shown this home features some recent updates including new roof coating, central AC is 2017, new septic in 2015, kitchen was updated 5 years ago. OTA antenna and TV included! Front screened room, double carport, laundry in concrete block room, extra shed with electric has room for golf cart. HOA fee is only 296.00 per YEAR and includes 24 hour security. Non pet section. Large 56X100 lot could be ready for a NEW home if needed. Call for your appointment today and see why Betmar is the community to call home! Don't forget its near the 27 holes of golf, 2 swimming pools and hot tubs along with 3 clubhouses, a library, walking paths, Game rooms (Billiards, Table Tennis, Board Games) miniature golf, indoor shuffleboard Courts, Tennis courts, pickleball courts, horseshoes, basketball court, Bocce courts and Bingo, and our NEW dog park. * Additional fees may apply * Call for an tour today!

Key facts

• Own your land
• Updated home
• Half bathroom

Tags

• OWN YOUR LAND
• LOW ANNUAL COMMUNITY FEE
• UPDATED HOME
• SPLIT-BEDROOM FLOOR PLAN
• HALF BATHROOM
• STEP-IN SHOWER

Property features AI

Finance

• Other: Furnished; Public maintained asphalt/paved road; level paved lot with mature landscaping
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (monthly HOA $37.33 / annual $448); Association approval required; Association amenities: basketball, clubhouse, golf course, pickleball, pool, recreation facilities, security, shuffleboard, spa/hot tub, tennis, trails; Community features: clubhouse, deed restrictions, dog park, golf carts allowed, pool, tennis courts, street lights, buyer approval required, association recreation owned; Senior community; Pets allowed

Exterior

• Parking: Covered parking; Driveway; 2-car carport
• Security: Community security (association)
• Utilities: Public water; Septic tank; High-speed internet available; Cable available; Electricity connected; Water connected
• Home design: Residential mobile home (single wide); One story; North-facing
• Construction: Vinyl siding; Metal roof; Roof over; Crawlspace foundation; Built in 1 story single-wide configuration
• Exterior features: Enclosed, screened patio/porch; Rain gutters; Storage shed(s)

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air conditioning; Tankless water heater
• Interior features: Built-in features; Ceiling fans; Living room / dining room combo; Open floorplan; Split bedroom layout; Thermostat; Window treatments
• Laundry & utility: Washer; Dryer; Laundry room (outside)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $112k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $112k).
• Recommended offer: $102k (9.0% below list) — sets the bar for market timing.

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: schools D-, amenities F, commute 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 falling (-3.6%/yr); 294 active listings in the ZIP; 18 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 31% of the median local income ($49k/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 $774 of loan paydown is wiped out by about $3k 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 105 days — a 9% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y 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 $54k; list at $112k implies a 107% 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; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,829 (9.0% below list)

Questions for the listing agent

1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 8.23%
• Cash-on-cash: 6.90%
• DSCR: 1.31
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $86,868
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37137 Lois Ave	0.19mi	2/1.5	684 (0%)	4mo	$66,000	$96	86
5241 Bolton Dr	0.11mi	2/1.0	672 (-2%)	6mo	$80,000	$119	83
37113 Lois Ave	0.23mi	2/1.0	672 (-2%)	3mo	$75,000	$112	80
37302 Carol Ave	0.23mi	1/1.0 (-1)	684 (0%)	7mo	$55,000	$80	74
37031 Karen Ave	0.32mi	2/1.5	720 (+5%)	1mo	$92,000	$128	73
5400 Amanda St	0.41mi	2/1.0	672 (-2%)	8mo	$105,000	$156	67
5307 Flint St	0.20mi	2/2.0	774 (+13%)	3mo	$134,000	$173	66
37042 Lois Ave	0.29mi	2/2.0	748 (+9%)	8mo	$95,000	$127	64
37020 Lois Ave	0.34mi	2/1.0	624 (-9%)	2mo	$73,000	$117	64
37235 Eileen Ave	0.19mi	2/2.0	784 (+15%)	6mo	$128,000	$163	62
5251 Flint St	0.18mi	2/1.0	600 (-12%)	8mo	$125,000	$208	60
4833 Royal Palm Dr	0.67mi	2/1.0	672 (-2%)	2mo	$78,000	$116	60

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: -9.3%
• Equity multiple: 0.67×
• Total profit: $-10,290
• Equity at exit: $16,685

10-year hold

• IRR: -4.6%
• Equity multiple: 0.74×
• Total profit: $-8,223
• Equity at exit: $9,675

Cash invested: $31,332 (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 33542

• Home prices YoY: -20.6%
• Rents YoY: -3.6%
• Active inventory: 294
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,255 high
• Mortgage (P&I): −$587
• Tax from tax record: −$141 /mo · $1,690/yr
• Insurance: −$47
• HOA: −$37
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $180

Break-even live

Break-even rent $1,027

Max offer price $111,900

Occupancy floor 81%

Sensitivity live

Price	-10% $244	-5% $212	+0% $180	+5% $149	+10% $117
Rent	-10% $81	-5% $131	+0% $180	+5% $230	+10% $279
Rate	-1.0pp $237	-0.5pp $209	base $180	+0.5pp $151	+1.0pp $122

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: $27,975
• Closing costs: $3,357
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5168 Crooked Ln Zephyrhills, FL	2.0	1.0	600	$1,645	$2.74	22d	1	0.40mi
4833 Royal Palm Dr Zephyrhills, FL	2.0	1.0	672	$1,090	$1.62	25d	1	0.69mi
5611 1st St Zephyrhills, FL	1.0	1.0	600	$1,095	$1.82	17d	1	0.73mi
38044 6th Ave Unit 38044 Zephyrhills, FL	1.0	1.0	494	$950	$1.92	25d	1	0.74mi
38010 14th Ave Apt 3 Zephyrhills, FL	1.0	1.0	537	$1,195	$2.23	25d	1	0.87mi
37925 Date Palm Dr Zephyrhills, FL	3.0	1.5	720	$1,300	$1.81	25d	1	0.88mi
5150 6th St Zephyrhills, FL	1.0	1.0	600	$925	$1.54	25d	1	1.02mi
6302 Abbott Station Dr Zephyrhills, FL	3.0	1.0–2.5	855	$1,732	$2.02	2d	142	1.11mi
5426 8th St #1 Zephyrhills, FL	1.0	1.0	432	$1,150	$2.66	25d	1	1.13mi
5208 7th St Zephyrhills, FL	1.0	1.0	550	$950	$1.73	5d	1	1.14mi
5214 7th St Zephyrhills, FL	1.0	1.0	550	$950	$1.73	5d	1	1.14mi
5214 7th St Zephyrhills, FL	1.0	1.0	550	$1,100	$2.00	17d	1	1.14mi
5206 7th St Zephyrhills, FL	1.0	1.0	550	$950	$1.73	5d	1	1.15mi
4412 Plum St Zephyrhills, FL	1.0	1.0	624	$1,100	$1.76	25d	1	1.26mi
4410 Plum St Zephyrhills, FL	1.0	1.0	624	$1,100	$1.76	25d	1	1.26mi
4352 6th St Zephyrhills, FL	1.0	1.0	494	$1,100	$2.23	25d	1	1.38mi
6052 10th St Zephyrhills, FL	2.0	1.0	644	$1,200	$1.86	25d	1	1.39mi
5217 17th St Zephyrhills, FL	1.0	1.0	540	$1,050	$1.94	25d	1	1.48mi

HOA detail

• Monthly dues: $37 · $444/yr
• Likely covers: electricpoolsecurity

Listing history 21 events

1. 2026-06-18
   days on market $111,900 Active 105 DOM
2. 2026-06-17
   days on market $111,900 Active 104 DOM
3. 2026-06-16
   days on market $111,900 Active 103 DOM
4. 2026-06-15
   days on market $111,900 Active 102 DOM
5. 2026-06-13
   days on market $111,900 Active 100 DOM
6. 2026-06-09
   days on market $111,900 Active 96 DOM
7. 2026-06-08
   days on market $111,900 Active 95 DOM
8. 2026-06-07
   days on market $111,900 Active 94 DOM
9. 2026-06-04
   days on market $111,900 Active 91 DOM
10. 2026-06-03
    days on market $111,900 Active 90 DOM
11. 2026-06-02
    days on market $111,900 Active 89 DOM
12. 2026-06-01
    days on market $111,900 Active 88 DOM
13. 2026-05-31
    days on market $111,900 Active 87 DOM
14. 2026-03-05
    listed $111,900 Active
15. 2020-01-06
    soldstatus $54,000
16. 2019-12-23
    soldstatus $54,000 Sold 1000-char remark

    Show marketing remark (1000 chars)

    Charming split 2 bedroom plan with 1 and a half bath is ready for your winter pleasure. Furnished as shown this home features some recent updates including new roof coating, central AC is 2017, new septic in 2015, kitchen was updated 5 years ago. OTA antenna and TV included! Front screened room, double carport, laundry in concrete block room, extra shed with electric has room for golf cart. HOA fee is only 296.00 per YEAR and includes 24 hour security. Non pet section. Large 56X100 lot could be ready for a NEW home if needed. Call for your appointment today and see why Betmar is the community to call home! Don't forget its near the 27 holes of golf, 2 swimming pools and hot tubs along with 3 clubhouses, a library, walking paths, Game rooms (Billiards, Table Tennis, Board Games) miniature golf, indoor shuffleboard Courts, Tennis courts, pickleball courts, horseshoes, basketball court, Bocce courts and Bingo, and our NEW dog park. * Additional fees may apply * Call for an tour today!

17. 2019-11-25
    status Pending 1000-char remark

    Show marketing remark (1000 chars)

    Charming split 2 bedroom plan with 1 and a half bath is ready for your winter pleasure. Furnished as shown this home features some recent updates including new roof coating, central AC is 2017, new septic in 2015, kitchen was updated 5 years ago. OTA antenna and TV included! Front screened room, double carport, laundry in concrete block room, extra shed with electric has room for golf cart. HOA fee is only 296.00 per YEAR and includes 24 hour security. Non pet section. Large 56X100 lot could be ready for a NEW home if needed. Call for your appointment today and see why Betmar is the community to call home! Don't forget its near the 27 holes of golf, 2 swimming pools and hot tubs along with 3 clubhouses, a library, walking paths, Game rooms (Billiards, Table Tennis, Board Games) miniature golf, indoor shuffleboard Courts, Tennis courts, pickleball courts, horseshoes, basketball court, Bocce courts and Bingo, and our NEW dog park. * Additional fees may apply * Call for an tour today!

18. 2019-10-18
    listed $55,000 Active 1000-char remark

    Show marketing remark (1000 chars)

    Charming split 2 bedroom plan with 1 and a half bath is ready for your winter pleasure. Furnished as shown this home features some recent updates including new roof coating, central AC is 2017, new septic in 2015, kitchen was updated 5 years ago. OTA antenna and TV included! Front screened room, double carport, laundry in concrete block room, extra shed with electric has room for golf cart. HOA fee is only 296.00 per YEAR and includes 24 hour security. Non pet section. Large 56X100 lot could be ready for a NEW home if needed. Call for your appointment today and see why Betmar is the community to call home! Don't forget its near the 27 holes of golf, 2 swimming pools and hot tubs along with 3 clubhouses, a library, walking paths, Game rooms (Billiards, Table Tennis, Board Games) miniature golf, indoor shuffleboard Courts, Tennis courts, pickleball courts, horseshoes, basketball court, Bocce courts and Bingo, and our NEW dog park. * Additional fees may apply * Call for an tour today!

19. 2005-04-04
    soldstatus $57,750
20. 1999-01-28
    soldstatus $20,000
21. 1993-12-07
    soldstatus $27,000

ⓘ 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: $1,690 · $141/mo
• Projected year-2 tax: $1,690 · $141/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 9/10 Extreme 7 d/yr ≥108°F today · 25 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: $15,061
• − Mortgage interest: −$6,268
• − Property taxes: −$1,690
• − Insurance: −$560
• − Repairs & maintenance: −$1,205
• − Management: −$1,205
• − HOA: −$444
• − Depreciation: −$3,255
• Taxable income: $434
• Est. tax owed @ 24.0%: −$104
• After-tax cash flow: $2,058/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 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

• Census place: Zephyrhills West, FL
• County: Pasco County · 524,098 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 23,612
• Household income: $49,316
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 831.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 17% Two or more races 8% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 3% Romanian 2% Iranian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 12% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -81.25%
• Current HPI: 313.3993
• Rent YoY: ▼ -3.56%
• 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

+314.4% since first listed

8 events — show timeline

• 2026-03-05 Listed $111,900 Stellar MLS as Distributed by MLS Grid
• 2020-01-06 Sold (Public Records) $54,000 Public Records
• 2019-12-23 Sold (MLS) $54,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-10-18 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 2005-04-04 Sold (Public Records) $57,750 Public Records
• 1999-01-28 Sold (Public Records) $20,000 Public Records
• 1993-12-07 Sold (Public Records) $27,000 Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,690 · +4.9% YoY. Source: county tax records.