CashFlowRE
Sign in Sign up
9661 Ashworth Pl
D+ Composite 47.17
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).

  • ARV discount +9.8/15.0
  • Cash flow +9.6/30.0
  • Schools +5.7/10.0
  • Condition / age +4.8/5.0
  • 1% rule +4.5/10.0
  • Appreciation +4.2/10.0
  • Livability +3.3/5.0
  • DSCR +2.7/10.0
  • Rent growth +2.5/5.0

$269,000

9661 Ashworth Pl · Connerton, FL 34637
3 bd · 3.0 ba · 1,601 sqft · Townhouse public records · 51 Days on market
Built 2023 Excellent condition 1,980 sqft lot Garage $168/sqft · 5% below area Est $284k · 5% under $304/mo HOA · 12% of rent ↓ 11% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Under Construction. A porch leads into the first level of this two-story townhome where the family room, dining room and kitchen are situated among an open floorplan that maximizes the footprint of the interior. A lanai at the back is the perfect spot to enjoy a morning cup of coffee. Three bedrooms, all situated upstairs, complete this home. Connerton is a masterplan community with new single-family homes, townhomes and villas for sale in idyllic Land O' Lakes, FL. Residents have access to exciting amenities, including two pools - a resort-style pool with a splash park and a competitive lap pool, multiple sport courts, miles of trails for walking, jogging, and biking, as well as an onsite elementary school. The local area boasts extensive shopping, dining and entertainment venues. Interior photos disclosed are different from the actual model being built.

Key facts

  • Dog park
  • Clubhouse
  • Tennis courts

Tags

HIGH-END WATER SOFTENERMAINTENANCE-FREE EXTERIORCLUBHOUSEPOOLTENNIS COURTSDOG PARK

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath townhouse listed at $269k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-180 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $237k (11.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (4.7% below list).
  • Recommended offer: $237k (11.8% below list) — sets the bar for cash-flow.
  • Cap rate 5.5% vs local median 4.6% in Connerton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 66/100 on livability (#596 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety 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.
  • Zoned schools: Connerton Elementary School (math 48% / reading 57%, grade C-, #976 of 2,144 statewide, top 46%, 958 students, 39% FRL); Pine View Middle School (math 63% / reading 52%, grade B, #157 of 571 statewide, top 28%, 1,170 students, 32% FRL); Land O' Lakes High School (math 56% / reading 64%, grade C+, #106 of 667 statewide, top 16%, 2,248 students, 27% FRL) — zoned schools average 33% FRL vs 48% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: 439 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals lingering (median 76d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 81% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-1.5%/yr); year-one equity from $2k 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.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($261k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago; this cycle's ask has dropped $16k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe 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 $237,247 (11.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.95%
Cap rate
5.49%
Cash-on-cash
-2.86%
DSCR
0.87
GRM
8.7

CMA / ARV

ARV (median comp)
$283,610
List price
$269,000
Delta
-5.15%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
21850 Lyonia Ln 0.08mi 3/2.5 1,601 (0%) 0mo $250,000 $156 94
21861 Adriatic Ln 0.12mi 3/2.5 1,601 (0%) 5mo $315,000 $197 88
21811 Lyonia Ln 0.03mi 3/2.5 1,601 (0%) 14mo $289,000 $181 84
21857 Adriatic Ln 0.11mi 3/2.5 1,601 (0%) 16mo $305,000 $191 80
9669 Ashworth Pl 0.01mi 3/2.5 1,861 (+16%) 13mo $341,150 $183 62
9683 Ashworth Pl 0.02mi 3/2.5 1,861 (+16%) 17mo $335,000 $180 58
8953 Gallantree Pl 0.86mi 3/2.5 1,601 (0%) 12mo $300,000 $187 53
8845 Gallantree Pl 0.92mi 3/2.5 1,861 (+16%) 1mo $300,000 $161 38
8936 Coqui Song Ln 1.06mi 3/2.5 1,851 (+16%) 2mo $307,290 $166 36
8859 Coqui Song Ln 1.11mi 3/2.5 1,851 (+16%) 7mo $309,990 $167 32
9443 Runaway Breeze Dr 0.78mi 3/2.5 1,851 (+16%) 16mo $538,400 $291 25

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.54% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-12.3%
Equity multiple
0.50×
Total profit
$-37,922
Equity at exit
$58,050
10-year hold
IRR
-4.9%
Equity multiple
0.58×
Total profit
$-31,339
Equity at exit
$55,268

Cash invested: $75,320 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
10 active · 3 under contract
Months of supply
20.0 mo (5%/mo absorbed)
Median asking
$295,000 ($171/sqft)
Median days on market
68 d
This list price
20% of active listings are priced below it
ARV vs active asking
+3.9% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34637

Home prices YoY
-1.2%
Active inventory
439
Price-to-rent
8.7×

Monthly cashflow live

Estimated rent
$2,563 high interval (Pro) →
Mortgage (P&I)
$1,411
Tax from tax record
$378 /mo · $4,538/yr
Insurance
$112
HOA
$304
Vacancy / Maint / Mgmt
$538
Net cashflow
$-180

Break-even live

Break-even rent $2,791
Max offer price $237,247
Occupancy floor

Sensitivity live

Price -10% $-27 -5% $-104 +0% $-180 +5% $-256 +10% $-332
Rent -10% $-382 -5% $-281 +0% $-180 +5% $-78 +10% $23
Rate -1.0pp $-44 -0.5pp $-111 base $-180 +0.5pp $-249 +1.0pp $-320

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
$67,250
Closing costs
$8,070
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
21818 Lyonia Ln Land O Lakes, FL 3.0 2.5 1601 $2,250 $1.41 110d 1 0.05mi
21831 Adriatic Ln Land O Lakes, FL 3.0 3.0 1601 $1,995 $1.25 94d 1 0.07mi
21831 Adriatic Ln Land O Lakes, FL 3.0 3.0 1601 $1,995 $1.25 100d 1 0.07mi
21831 Adriatic Ln Land O Lakes, FL 3.0 3.0 1601 $1,945 $1.21 77d 1 0.07mi
9750 Campanula Ct Land O Lakes, FL 3.0 2.5 2208 $2,700 $1.22 120d 1 0.08mi
21881 Lyonia Ln Land O Lakes, FL 3.0 2.5 1601 $2,000 $1.25 4d 1 0.09mi
21869 Adriatic Ln Land O Lakes, FL 3.0 2.5 1601 $2,400 $1.50 120d 1 0.11mi
9676 Nyssa St Land O Lakes, FL 3.0 2.5 1601 $2,050 $1.28 80d 1 0.12mi
9890 Red Bay Loop Land O Lakes, FL 3.0 2.0 1949 $2,595 $1.33 78d 1 0.22mi
9967 Red Bay Loop Land O Lakes, FL 3.0 2.0 1968 $2,199 $1.12 5d 1 0.29mi
8897 Flourish Dr Land O Lakes, FL 3.0 2.0 1614 $2,149 $1.33 10d 1 0.74mi
21816 Crest Meadow Dr Land O Lakes, FL 4.0 3.0 2061 $3,200 $1.55 64d 1 0.74mi
9094 Gallantree Pl Land O Lakes, FL 3.0 2.5 1601 $2,100 $1.31 10d 1 0.76mi
9001 Gallantree Pl Land O Lakes, FL 3.0 2.5 1601 $2,100 $1.31 62d 1 0.83mi
8948 Gallantree Pl Land O Lakes, FL 3.0 2.5 1601 $2,050 $1.28 29d 1 0.88mi
8948 Gallantree Pl Land O Lakes, FL 3.0 2.5 1601 $2,050 $1.28 32d 1 0.88mi
8948 Gallantree Pl Land O Lakes, FL 3.0 2.5 1601 $2,145 $1.34 44d 1 0.88mi
8938 Gallantree Pl Land O Lakes, FL 3.0 2.5 1851 $2,550 $1.38 79d 1 0.90mi
8827 Sentiero Dr Land O Lakes, FL 3.0 2.0 2050 $2,795 $1.36 78d 1 0.90mi
8827 Sentiero Dr Land O Lakes, FL 3.0 2.0 2050 $2,795 $1.36 74d 1 0.90mi
8862 Gallantree Pl Unit 8862-Townhouse Land O' Lakes, FL 3.0 2.5 1601 $2,195 $1.37 108d 1 0.94mi
9344 Bella Vita Cir Land O Lakes, FL 3.0 2.0 2072 $2,900 $1.40 75d 1 0.96mi
9645 Carabiner Way Land O' Lakes, FL 4.0 2.5 1870 $2,500 $1.34 77d 1 1.01mi
8879 Coqui Song Ln Land O' Lakes, FL 3.0 2.5 1851 $2,300 $1.24 44d 1 1.11mi
22310 Blazing Star Run Land O Lakes, FL 4.0 2.5 1870 $2,450 $1.31 75d 1 1.27mi
22430 Blazing Star Run Land O' Lakes, FL 4.0 2.0 1936 $2,550 $1.32 40d 1 1.32mi
9436 Scouter Bee Pl Land O' Lakes, FL 2.0 2.5 1951 $2,350 $1.20 100d 1 1.40mi

Property features AI

Finance

Other
Lease restrictions apply
Financial info
CDD existsOther annual assessment: $1,379
HOA & community
HOA required (Folio Association M)Monthly HOA fee $304.72Association approval requiredPets allowed (up to 100 lbs)Association amenities: Other

Exterior

Parking
Attached garage with 1 garage space
Utilities
Public waterPublic sewerCable connectedElectricity connected
Home design
TownhouseResidential propertyTwo levelsFaces northeast
Construction
Block and stucco constructionShingle roofBlock foundationBuilding number 9661
Exterior features
Sliding doorsAsphalt road accessSmall lot (approx. 0.05 acres)

Interior

Kitchen
DishwasherDisposalMicrowaveRange
Bedrooms
3 bedrooms
Flooring
CarpetLaminate
Bathrooms
2 full baths1 half bath
Heating & cooling
Electric heatingCentral air conditioning
Interior features
Ceiling fans
Laundry & utility
Indoor laundry

HOA detail $304/mo · $3,648/yr

Likely covers
pool

Listing history 50 events

  1. 2026-09-23
    days on market $269,000 Active 51 DOM
  2. 2026-09-22
    days on market $269,000 Active 50 DOM
  3. 2026-09-21
    days on market $269,000 Active 49 DOM
  4. 2026-09-20
    days on market $269,000 Active 48 DOM
  5. 2026-09-19
    days on market $269,000 Active 47 DOM
  6. 2026-09-18
    days on market $269,000 Active 46 DOM
  7. 2026-09-16
    days on market $269,000 Active 44 DOM
  8. 2026-09-15
    days on market $269,000 Active 43 DOM
  9. 2026-09-14
    days on market $269,000 Active 42 DOM
  10. 2026-09-13
    days on market $269,000 Active 41 DOM
  11. 2026-09-12
    pricedays on market $269,000 Active 40 DOM
  12. 2026-09-11
    days on market $285,000 Active 39 DOM
  13. 2026-09-05
    days on market $285,000 Active 33 DOM
  14. 2026-09-04
    days on market $285,000 Active 32 DOM
  15. 2026-09-03
    days on market $285,000 Active 31 DOM
  16. 2026-08-31
    days on market $285,000 Active 28 DOM
  17. 2026-08-30
    days on market $285,000 Active 27 DOM
  18. 2026-08-29
    days on market $285,000 Active 26 DOM
  19. 2026-08-28
    days on market $285,000 Active 25 DOM
  20. 2026-08-27
    days on market $285,000 Active 24 DOM
  21. 2026-08-26
    days on market $285,000 Active 23 DOM
  22. 2026-08-25
    days on market $285,000 Active 22 DOM
  23. 2026-08-24
    days on market $285,000 Active 21 DOM
  24. 2026-08-23
    days on market $285,000 Active 20 DOM
  25. 2026-08-22
    days on market $285,000 Active 19 DOM
  26. 2026-08-21
    days on market $285,000 Active 18 DOM
  27. 2026-08-20
    days on market $285,000 Active 17 DOM
  28. 2026-08-19
    days on market $285,000 Active 16 DOM
  29. 2026-08-18
    days on market $285,000 Active 15 DOM
  30. 2026-08-17
    days on market $285,000 Active 14 DOM
  31. 2026-08-16
    days on market $285,000 Active 13 DOM
  32. 2026-08-15
    days on market $285,000 Active 12 DOM
  33. 2026-08-14
    days on market $285,000 Active 11 DOM
  34. 2026-08-13
    days on market $285,000 Active 10 DOM
  35. 2026-08-12
    days on market $285,000 Active 9 DOM
  36. 2026-08-11
    days on market $285,000 Active 8 DOM
  37. 2026-08-10
    days on market $285,000 Active 7 DOM
  38. 2026-08-09
    days on market $285,000 Active 6 DOM
  39. 2026-08-08
    days on market $285,000 Active 5 DOM
  40. 2026-08-06
    days on market $285,000 Active 3 DOM
  41. 2026-08-05
    days on market $285,000 Active 2 DOM
  42. 2026-07-31
    pricedays on marketlisting id $285,000 Active 1 DOM
  43. 2026-07-28
    days on market $305,000 Active 123 DOM
  44. 2026-07-26
    days on market $305,000 Active 121 DOM
  45. 2026-07-24
    days on market $305,000 Active 119 DOM
  46. 2026-07-23
    days on market $305,000 Active 118 DOM
  47. 2026-07-22
    days on market $305,000 Active 117 DOM
  48. 2026-07-21
    days on market $305,000 Active 116 DOM
  49. 2026-07-20
    days on market $305,000 Active 115 DOM
  50. 2026-07-18
    days on market $305,000 Active 112 DOM

ⓘ 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
$4,538 · $378/mo
Projected year-2 tax
$4,538 · $378/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 8/10 Severe
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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 · 1 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
$30,762
− Mortgage interest
−$15,068
− Property taxes
−$4,538
− Insurance
−$1,345
− Repairs & maintenance
−$2,461
− Management
−$2,461
− HOA
−$3,648
− Depreciation
−$7,825
Taxable loss
−$6,585
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,580
After-tax cash flow
$-577/yr

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

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This move-in ready townhome in Connerton, FL, offers a perfect blend of style, comfort, and convenience with a fresh paint job and landscaping improvements recommended to maximize its value.

Value-add opportunities

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/renters.
  • Both Add a smart home system — A smart home system can increase the property's appeal and value by offering convenience and energy efficiency.
D Composite school gradezoned avg 57/100

Zoned Schools

Elementary Connerton Elementary School C- FL #976/2,144 Nat'l #11,114/41,679 Middle Pine View Middle School B FL #157/571 Nat'l #2,146/14,009 High Land O' Lakes High School C+ FL #106/667 Nat'l #3,545/17,239

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
C Composite livability gradescore 66/100

Livability — Connerton

Score
66/100
State rank
#596
US rank
#11437

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Connerton, FL
County
Pasco County · 570,045 people
City population
11,398
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
13,049
Household income
$115,214
Rent vs Own
8.7% rent · 91.3% own

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 (70%)
Race & ethnicity
White 70% Hispanic / Latino 16% Two or more races 10% Black 7% Asian 5%
Hispanic origin (detail)
Mexican 1% Puerto Rican 10% Cuban 1%
Common ancestry
Romanian 5% Italian 3% Iranian 2%
Foreign-born
8% · Canada
Languages at home
85% English-only · Spanish 8% Other Indo-European 4% Tagalog/Filipino 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

Price history

-10.7% since first listed
6 events — show timeline
  • 2026-07-30 Listed $285,000 Stellar MLS as Distributed by MLS Grid
  • 2026-07-29 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2026-03-27 Listed $305,000 Stellar MLS as Distributed by MLS Grid
  • 2023-05-26 Sold (MLS) $319,130 Stellar MLS as Distributed by MLS Grid
  • 2023-04-11 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-04-04 Listed $319,130 Stellar MLS as Distributed by MLS Grid

Property tax history

+118.9%/yr

Latest (2025): $4,538 · -5.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…