CashFlowRE
Sign in Sign up
11120 Carriage Hill Dr #1
C Composite 59.23
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 +21.7/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +6.9/10.0
  • Schools +4.3/10.0
  • Livability +3.5/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$96,000

11120 Carriage Hill Dr #1 · Bayonet Point, FL 34668
2 bd · 1.0 ba · 882 sqft · Condo public records · 140 Days on market
Built 1974 $563/mo HOA · 35% of rent

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

Listing remarks MLS

2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

Key facts

  • Renovated condo
  • New cabinets
  • New lvp flooring

Tags

RENOVATED CONDOGREAT ROOM STYLE FLOORPLANTRANQUIL POND VIEWSNEW LVP FLOORINGFRESH INTERIOR PAINTNEW CABINETS

Property features AI

Finance

  • Other: Lease restrictions apply; Turnkey furnished
  • Financial info: Total annual association fees listed as $6,756 (total monthly approx. $563)
  • HOA & community: Association managed by Sentry Management/Gail Dasher and Timber Oaks; Monthly association/condo fee around $513; additional monthly fee $50; Association fee covers cable TV, common area taxes, pool, escrow reserves, building and grounds maintenance, private road maintenance, and trash; Buyer approval required by association; Community amenities include clubhouse, owned recreation areas, sidewalks, and street lights; Senior community; Pets allowed with number and size limits

Exterior

  • Utilities: Public water; Public sewer; Electricity available and connected; Cable available and connected; High-speed/Broadband internet available; Water available and connected
  • Home design: Residential villa; Single-story; Faces northwest; Planned unit development (PUD)
  • Construction: Block construction; Built-up, other, and shingle roofing; Slab foundation; Built/recorded building area about 882 (public records)
  • Exterior features: Sidewalk; Paved private road; Lot roughly 4.97 acres (2 to less than 5 acres)

Interior

  • Kitchen: Microwave; Range; Refrigerator
  • Bedrooms: 2 bedrooms
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; Living room and dining room combo; Open floorplan; Thermostat; Walk-in closets; Window treatments; Blinds
  • Laundry & utility: No laundry hook-ups/room specified

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/1.0-bath condo listed at $96k.

Deal economics

  • At list price, monthly cash flow is $148 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $96k).
  • Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.1% vs local median 5.3% in Bayonet Point — 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 69/100 on livability (#485 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, amenities D+, schools 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 rising (+1.3%/yr); 581 active listings in the ZIP; 35 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 41% of the median local income ($47k/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 $664 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 140 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 15y ago; this cycle's ask has dropped $9k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $45k; list at $96k implies a 113% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 35% of rent.
  • 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 $84,480 (12.0% below list)

Questions for the listing agent

  1. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1974 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.69%
Cap rate
8.14%
Cash-on-cash
6.60%
DSCR
1.29
GRM
4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.28% rent growth · sell at horizon

5-year hold
IRR
-8.9%
Equity multiple
0.68×
Total profit
$-8,593
Equity at exit
$14,314
10-year hold
IRR
-3.2%
Equity multiple
0.81×
Total profit
$-5,045
Equity at exit
$8,300

Cash invested: $26,880 (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 34668

Home prices YoY
-17.4%
Rents YoY
1.3%
Active inventory
581
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$1,626 high interval (Pro) →
Mortgage (P&I)
$503
Tax from tax record
$30 /mo · $360/yr
Insurance
$40
HOA
$563
Vacancy / Maint / Mgmt
$341
Net cashflow
$148

Break-even live

Break-even rent $1,439
Max offer price $96,000
Occupancy floor 86%

Sensitivity live

Price -10% $202 -5% $175 +0% $148 +5% $121 +10% $93
Rent -10% $19 -5% $84 +0% $148 +5% $212 +10% $276
Rate -1.0pp $196 -0.5pp $172 base $148 +0.5pp $123 +1.0pp $98

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
$24,000
Closing costs
$2,880
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 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8161 Braddock Cir #1 Port Richey, FL 2.0 2.0 1000 $1,595 $1.59 19d 1 0.22mi
11138 Yellowwood Ln Unit NA Port Richey, FL 3.0 1.0 1000 $1,800 $1.80 25d 1 0.25mi
10802 Laburnum Dr Port Richey, FL 2.0 2.0 1002 $1,545 $1.54 25d 1 0.50mi
7804 Topay Ln Port Richey, FL 3.0 2.0 1125 $1,795 $1.60 0d 1 0.55mi
11611 Constance Dr Port Richey, FL 3.0 1.0 984 $1,540 $1.57 25d 1 0.57mi
11611 Constance Dr Port Richey, FL 3.0 1.0 984 $1,540 $1.57 12d 1 0.57mi
11635 Salmon Dr Port Richey, FL 2.0 1.5 816 $1,500 $1.84 25d 1 0.64mi
7715 Sue Ellen Dr Port Richey, FL 2.0 2.0 1080 $1,495 $1.38 4d 1 0.64mi
7808 Talisman Dr Port Richey, FL 3.0 2.0 1063 $2,100 $1.98 25d 1 0.67mi
10502 Laburnum Dr Port Richey, FL 2.0 2.0 1002 $1,545 $1.54 25d 1 0.68mi
7839 Canna Dr Port Richey, FL 2.0 2.0 1095 $1,450 $1.32 12d 1 0.69mi
7539 Gulf Highlands Dr Port Richey, FL 2.0 1.5 936 $1,550 $1.66 6d 1 0.80mi
12200 Hudson Ridge Dr Port Richey, FL 2.0–3.0 2.0 1107 $1,468 $1.33 3d 10 0.80mi
7438 Coventry Dr Port Richey, FL 2.0 1.0 985 $1,600 $1.62 13d 1 0.84mi
10803 Hyssop St Port Richey, FL 3.0 1.0 1120 $1,500 $1.34 12d 1 0.84mi
11103 Harding Dr Unit 2 Port Richey, FL 2.0 1.0 760 $1,450 $1.91 21d 1 0.90mi
10303 Gardenia Ln Port Richey, FL 3.0 2.0 1054 $1,950 $1.85 25d 1 0.94mi
10225 Gardenia Ln Port Richey, FL 3.0 1.0 1042 $1,495 $1.43 15d 1 0.98mi
7213 Seward Dr Port Richey, FL 2.0 1.0 700 $1,500 $2.14 25d 1 1.00mi
10401 Oleander Dr Port Richey, FL 2.0 1.0 887 $1,250 $1.41 25d 1 1.04mi
12027 Hoosier Ct #203 Hudson, FL 2.0 2.0 1103 $1,550 $1.41 25d 1 1.05mi
12041 Hoosier Ct #204 Hudson, FL 2.0 2.0 1103 $1,495 $1.36 25d 1 1.07mi
12041 Hoosier Ct #204 Hudson, FL 2.0 2.0 1103 $1,495 $1.36 19d 1 1.07mi
11031 Hassle Ave Port Richey, FL 3.0 1.0 1006 $1,595 $1.59 25d 1 1.09mi
8019 Portage Dr Port Richey, FL 2.0 2.0 1078 $2,000 $1.86 17d 1 1.13mi
7110 Tudor Ln Port Richey, FL 1.0 1.0 676 $1,310 $1.94 3d 1 1.19mi
7110 Tudor Ln Port Richey, FL 1.0 1.0 676 $1,310 $1.94 25d 1 1.19mi
12221 Holbrook Dr Bayonet Point, FL 1.0–2.0 1.0–2.0 761 $1,685 $2.21 0d 58 1.24mi
8422 Paxton Dr Port Richey, FL 2.0 1.0 744 $1,800 $2.42 25d 1 1.24mi
9440 Bourbon St Unit 9 New Port Richey, FL 2.0 1.0 700 $1,275 $1.82 25d 1 1.32mi
8304 Mill Creek Ln Hudson, FL 2.0 2.0 1000 $1,650 $1.65 25d 1 1.32mi
7616 Danube Dr Hudson, FL 2.0 2.0 1125 $1,350 $1.20 25d 1 1.34mi
7602 Danube Dr Unit 7602 Hudson, FL 2.0 2.0 1125 $1,600 $1.42 25d 1 1.34mi
8437 Luray Dr Port Richey, FL 2.0 1.0 1038 $1,595 $1.54 5d 1 1.44mi
6731 Sandra Dr Port Richey, FL 2.0 1.0 816 $1,575 $1.93 25d 1 1.45mi

HOA detail condo

Monthly dues
$563 · $6,756/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 44 events

  1. 2026-06-18
    days on market $96,000 Active 140 DOM
  2. 2026-06-17
    days on market $96,000 Active 139 DOM
  3. 2026-06-16
    days on market $96,000 Active 138 DOM
  4. 2026-06-15
    days on market $96,000 Active 137 DOM
  5. 2026-06-13
    days on market $96,000 Active 135 DOM
  6. 2026-06-09
    days on market $96,000 Active 131 DOM
  7. 2026-06-08
    days on market $96,000 Active 130 DOM
  8. 2026-06-07
    days on market $96,000 Active 129 DOM
  9. 2026-06-04
    days on market $96,000 Active 126 DOM
  10. 2026-06-03
    days on market $96,000 Active 125 DOM
  11. 2026-06-02
    days on market $96,000 Active 124 DOM
  12. 2026-06-01
    days on market $96,000 Active 123 DOM
  13. 2026-05-31
    days on market $96,000 Active 122 DOM
  14. 2026-04-14
    price $96,000
  15. 2026-03-25
    price $99,900
  16. 2026-03-12
    price $101,750
  17. 2026-02-27
    price $102,500
  18. 2026-01-29
    listed $105,000 Active
  19. 2025-12-17
    soldstatus $45,000
  20. 2025-12-12
    soldstatus $45,000 Closed 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  21. 2025-11-13
    status Pending 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  22. 2025-09-27
    price $69,999 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  23. 2025-09-26
    price $699,999 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  24. 2025-09-09
    status Active 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  25. 2025-09-06
    status Pending 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  26. 2025-07-29
    listed $74,900 Active 526-char remark
    Show marketing remark (526 chars)

    2/2/C END UNIT CONDO BACKS TO POND & GREEN AREA NEEDS TLC SO IT IS PERFECT TO MAKE IT YOUR OWN! OPEN GREAT ROOM STYLE FLOOR PLAN. PRIMARY BEDROOM WITH PRIVTE BATH. EAT IN KITCHEN LOTS OF CABINETS & HANDY PANTRY COMPLETE WITH ALL APPLIANCES. ENCLOSED FLORIDA ROOM HAS AWESOME VIEWS! VERY POPULAR COMMUNITY WITH AWESOME AMENITIES THAT INCLUDE EXERCISE ROOM LOADED WITH EQUIPMENT, HEATED POOL & SPA, GAME ROOM, TENNIS, PARTIES, DANCES & MORE ACTIVITIES THAN YOU CAN KEEP UP WITH!!! BRING ALL OFFERS!

  27. 2025-06-01
    historical
  28. 2025-05-30
    status Active
  29. 2025-05-12
    status Pending
  30. 2025-05-12
    status Pending
  31. 2025-05-12
    historical
  32. 2025-04-20
    price $85,000
  33. 2025-04-19
    price $85,000
  34. 2025-03-19
    listed $90,000 Active
  35. 2025-03-19
    listed $90,000 Active
  36. 2025-03-16
    historical
  37. 2012-10-30
    soldstatus $24,500
  38. 2012-10-29
    soldstatus $24,500
  39. 2012-05-08
    listed $24,900
  40. 2011-06-13
    soldstatus $28,500
  41. 2011-06-10
    soldstatus $28,500
  42. 2011-03-02
    listed $29,900
  43. 1978-04-01
    soldstatus $24,000
  44. 1974-01-01
    soldstatus $21,300

ⓘ 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
$360 · $30/mo
Projected year-2 tax
$797 · $66/mo
Expected delta
+$436/yr (+$36/mo · 121.1%)

ⓘ 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 2/10 Low
  • 🌡 Heat 10/10 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 · 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
$19,508
− Mortgage interest
−$5,377
− Property taxes
−$360
− Insurance
−$480
− Repairs & maintenance
−$1,561
− Management
−$1,561
− HOA
−$6,756
− Depreciation
−$2,793
Taxable income
$620
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$149
After-tax cash flow
$1,625/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 — Bayonet Point

Score
69/100
State rank
#485
US rank
#8934

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bayonet Point, FL
County
Pasco County · 524,098 people
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
49,442
Household income
$47,401
Rent vs Own
37.2% rent · 62.8% own
Severe rent burden
2699.0

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 (70%)
Race & ethnicity
White 70% Hispanic / Latino 23% Two or more races 14% Black 4%
Hispanic origin (detail)
Mexican 3% Puerto Rican 10% Cuban 5% Dominican 1%
Common ancestry
Romanian 3% Lithuanian 3% Slovak 2%
Foreign-born
11% · Canada, Jamaica
Languages at home
82% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 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
▼ -75.64%
Current HPI
359.7163
Rent YoY
▲ 1.28%
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

+350.7% since first listed
31 events — show timeline
  • 2026-04-14 Price Changed $96,000 Stellar MLS as Distributed by MLS Grid
  • 2026-03-25 Price Changed $99,900 Stellar MLS as Distributed by MLS Grid
  • 2026-03-12 Price Changed $101,750 Stellar MLS as Distributed by MLS Grid
  • 2026-02-27 Price Changed $102,500 Stellar MLS as Distributed by MLS Grid
  • 2026-01-29 Listed $105,000 Stellar MLS as Distributed by MLS Grid
  • 2025-12-17 Sold (Public Records) $45,000 Public Records
  • 2025-12-12 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
  • 2025-11-13 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-09-27 Price Changed $69,999 Stellar MLS as Distributed by MLS Grid
  • 2025-09-26 Price Changed $699,999 Stellar MLS as Distributed by MLS Grid
  • 2025-09-09 Relisted Stellar MLS as Distributed by MLS Grid
  • 2025-09-06 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-07-29 Listed $74,900 Stellar MLS as Distributed by MLS Grid
  • 2025-06-01 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-05-30 Relisted Stellar MLS as Distributed by MLS Grid
  • 2025-05-12 Pending Beaches MLS
  • 2025-05-12 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-05-12 Listing Removed Beaches MLS
  • 2025-04-20 Price Changed $85,000 Beaches MLS
  • 2025-04-19 Price Changed $85,000 Stellar MLS as Distributed by MLS Grid
  • 2025-03-19 Listed $90,000 Beaches MLS
  • 2025-03-19 Listed $90,000 Stellar MLS as Distributed by MLS Grid
  • 2025-03-16 Coming Soon Beaches MLS
  • 2012-10-30 Sold (Public Records) $24,500 Public Records
  • 2012-10-29 Sold (MLS) $24,500 Stellar MLS as Distributed by MLS Grid
  • 2012-05-08 Listed $24,900 Stellar MLS as Distributed by MLS Grid
  • 2011-06-13 Sold (Public Records) $28,500 Public Records
  • 2011-06-10 Sold (MLS) $28,500 Stellar MLS as Distributed by MLS Grid
  • 2011-03-02 Listed $29,900 Stellar MLS as Distributed by MLS Grid
  • 1978-04-01 Sold (Public Records) $24,000 Public Records
  • 1974-01-01 Sold (Public Records) $21,300 Public Records

Property tax history

-2.3%/yr

Latest (2025): $360 · +5.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…