36603 Jodi Ave · Zephyrhills West, FL 33542

$170,000

3 bd · 2.0 ba · 1,677 sqft · Manufactured public records · 97 Days on market

Built 1993 5,432 sqft lot Est $221k · 23% under $37/mo HOA · 2% of rent ↓ 17% since listing

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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 +24.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +6.9/10.0
• Schools +4.3/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• Appreciation +0.0/10.0

Listing remarks

BETMAR ESTATES (55+ Community) 3BR/2BA/HUGE CARPORT Home with PETS ALLOWED and LAND OWNED. This amazing community has so many optional activities! This home has a wonderful layout with a double-sided fireplace, large kitchen with breakfast nook, well-spaced living and family rooms, great natural light, and a two-way split plan of your primary bedroom and large bath (complete with siting tub) on one end and your two bedrooms and bathroom 2 on the other end. Enjoy a dedicated laundry area and a convenient exit door for the back yard too. Your carport can easily fit two linear vehicles along with a great driveway too. Storage is a breeze too, with a dedicated storage unit at the home too. Take

Key facts

• Breakfast nook
• Large kitchen
• Convenient exit door

Tags

• DOUBLE-SIDED FIREPLACE
• LARGE KITCHEN
• BREAKFAST NOOK
• DEDICATED LAUNDRY AREA
• CONVENIENT EXIT DOOR
• DEDICATED STORAGE UNIT

Property features AI

Finance

• Other: Association contact: Jennifer Rogers
• Financial info: Lease restrictions apply
• HOA & community: Homeowner association with monthly fee of $37.33 (annual fee $448); Association amenities include pool, recreational facilities, clubhouse, basketball court; Association fee includes pool, escrow reserves fund, recreational facilities; Community features: Clubhouse, community mailbox, deed restrictions, dog park, golf, golf carts allowed, handicap modified, playground, pool, sidewalks, special community restrictions, tennis courts; Senior community; Pets allowed

Exterior

• Parking: Covered parking; Driveway; Parking pad; Tandem parking; Golf cart parking; 2-space carport
• Utilities: Public sewer; Water connected; Electricity connected; Cable available; Water source: None listed
• Home design: Manufactured double-wide home; One story; Faces south; Entry on one level
• Construction: Vinyl siding; Membrane roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Covered patio/porch; Side porch; Storage; Other exterior storage; Conservation area lot; Paved road access

Interior

• Kitchen: Dishwasher; Range
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Wood-burning fireplace
• Laundry & utility: Inside laundry with washer and dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $155k (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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• At $2,026/mo this rent would consume 49% of the median local household income ($49k/yr) (locally 831% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 97 days — a 9% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (8%) 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; 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 $154,700 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% 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. 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. 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.
7. 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.
8. 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: 1.19% ✓
• Cap rate: 8.78%
• Cash-on-cash: 8.87%
• DSCR: 1.39
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $221,364
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
36713 Jodi Ave	0.12mi	2/2.0 (-1)	1,716 (+2%)	2mo	$212,000	$124	84
5602 Dakota St	0.13mi	2/2.0 (-1)	1,576 (-6%)	3mo	$215,250	$137	76
36701 Jodi Ave	0.09mi	3/2.0	1,546 (-8%)	10mo	$165,000	$107	74
36846 Kimela Ave	0.28mi	2/2.0 (-1)	1,632 (-3%)	4mo	$209,900	$129	74
5522 Mandan St	0.20mi	2/2.0 (-1)	1,762 (+5%)	4mo	$200,000	$114	74
36743 Kiowa Ave	0.20mi	2/2.0 (-1)	1,511 (-10%)	1mo	$240,000	$159	69
35970 Valleybrook Ave	0.64mi	3/2.0	1,680 (+0%)	8mo	$300,000	$179	64
36850 Lakewood Dr	0.41mi	2/2.0 (-1)	1,539 (-8%)	4mo	$245,000	$159	58
36819 Kiowa Ave	0.25mi	2/2.0 (-1)	1,480 (-12%)	7mo	$195,000	$132	58
36825 Kimela Ave	0.24mi	2/2.0 (-1)	1,444 (-14%)	6mo	$239,000	$166	55
5646 Pawnee St	0.37mi	3/2.0	1,440 (-14%)	5mo	$160,000	$111	55
36624 Kay Ave	0.48mi	3/1.5	1,504 (-10%)	8mo	$100,000	$66	52

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: -6.4%
• Equity multiple: 0.77×
• Total profit: $-10,994
• Equity at exit: $25,348

10-year hold

• IRR: -1.2%
• Equity multiple: 0.93×
• Total profit: $-3,350
• Equity at exit: $14,698

Cash invested: $47,600 (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: 7.0×

Monthly cashflow live

• Estimated rent: $2,026 high
• Mortgage (P&I): −$891
• Tax from tax record: −$250 /mo · $2,995/yr
• Insurance: −$71
• HOA: −$37
• Vacancy / Maint / Mgmt: −$426
• Net cashflow: $352

Break-even live

Break-even rent $1,581

Max offer price $170,000

Occupancy floor 78%

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
36243 Lake Chase Blvd #203 Zephyrhills, FL	3.0	2.0	1278	$1,775	$1.39	24d	1	0.41mi
36887 Highland Meadows Ct Zephyrhills, FL	4.0	2.0	1828	$2,250	$1.23	24d	1	0.42mi
36106 Lake Chase Blvd #102 Zephyrhills, FL	3.0	2.0	1170	$1,650	$1.41	4d	1	0.54mi
36106 Lake Chase Blvd Zephyrhills, FL	3.0	2.0	1325	$1,700	$1.28	24d	1	0.54mi
36420 Garden Wall Way Zephyrhills, FL	4.0	2.5	2050	$2,450	$1.20	24d	1	0.56mi
6213 Back Forty Loop Zephyrhills, FL	4.0	2.5	1870	$2,395	$1.28	4d	1	0.58mi
36507 Camp Fire Ter Zephyrhills, FL	3.0	2.0	1537	$2,500	$1.63	24d	1	0.60mi
36401 Camp Fire Ter Unit 36401 Zephyrhills, FL	3.0	2.5	1634	$1,895	$1.16	20d	1	0.63mi
36406 Well Hill Way Zephyrhills, FL	3.0	2.5	1634	$2,000	$1.22	17d	1	0.65mi
36015 Deer Creek Dr #202 Zephyrhills, FL	2.0	2.0	1062	$1,450	$1.37	24d	1	0.66mi
36352 Well Hill Way Zephyrhills, FL	3.0	2.5	1634	$1,950	$1.19	2d	1	0.67mi
36403 Well Hill Way Zephyrhills, FL	3.0	2.5	1528	$2,200	$1.44	24d	1	0.68mi
5521 Barbara St Zephyrhills, FL	2.0	2.0	1056	$1,800	$1.70	24d	1	0.71mi
6302 Abbott Station Dr Zephyrhills, FL	3.0	1.0–2.5	855	$1,999	$2.34	1d	142	0.87mi
36095 Carriage Pine Ct Zephyrhills, FL	3.0	2.0	1461	$1,990	$1.36	24d	1	0.87mi
35940 Inspiration Dr Zephyrhills, FL	1.0–3.0	1.0–2.0	1034	$1,988	$1.92	2d	21	0.89mi
36618 Goffaux Loop Zephyrhills, FL	4.0	2.0	1846	$2,115	$1.15	17d	1	0.94mi
5686 Barakat Rd Zephyrhills, FL	4.0	2.0	1867	$2,250	$1.21	14d	1	1.00mi
5686 Barakat Rd Zephyrhills, FL	4.0	2.0	1828	$2,300	$1.26	24d	1	1.00mi
6766 Shelby Lynn Way Unit 1A Zephyrhills, FL	4.0	3.0	2124	$2,800	$1.32	12d	1	1.01mi
6633 Foxmoor Dr Zephyrhills, FL	3.0	2.0	1300	$2,000	$1.54	24d	1	1.06mi
6773 Branham Mill Ct Zephyrhills, FL	3.0	2.0	1454	$1,950	$1.34	24d	1	1.06mi
6249 Maisai Rd #6 Zephyrhills, FL	3.0	2.5	1561	$1,550	$0.99	2d	1	1.08mi
6722 Northlake Dr Zephyrhills, FL	3.0	2.0	2215	$2,450	$1.11	24d	1	1.09mi
6262 Maisie Rd Zephyrhills, FL	3.0	2.5	1363	$1,700	$1.25	24d	1	1.12mi
6335 Maisie Rd Zephyrhills, FL	3.0	2.5	1363	$1,650	$1.21	20d	1	1.12mi
7064 Ripple Pond Loop Zephyrhills, FL	3.0	2.5	1787	$2,047	$1.15	14d	1	1.13mi
6246 Timberly Ln Zephyrhills, FL	3.0	2.5	1363	$1,900	$1.39	24d	1	1.18mi
37661 Aaralyn Rd Zephyrhills, FL	3.0	2.5	1363	$1,800	$1.32	24d	1	1.20mi
37357 Sharks Eye Ln Zephyrhills, FL	3.0	2.5	1961	$2,600	$1.33	24d	1	1.25mi
37373 Sharks Eye Ln Zephyrhills, FL	3.0	2.0	1560	$2,200	$1.41	10d	1	1.26mi
35542 Sparrow Nest Way Zephyrhills, FL	4.0	2.0	2000	$2,400	$1.20	24d	1	1.28mi
33529 Buttonweed Trl Zephyrhills, FL	3.0	2.0	1412	$2,500	$1.77	24d	1	1.29mi
37472 Sharks Eye Ln Zephyrhills, FL	3.0	2.0	1560	$2,100	$1.35	1d	1	1.34mi
37643 Leafside Ln Zephyrhills, FL	2.0	2.5	1541	$1,840	$1.19	21d	1	1.36mi
4850 Foliage Rd Zephyrhills, FL	2.0	2.5	1541	$1,780	$1.16	21d	1	1.39mi
37714 Leafside Ln Zephyrhills, FL	2.0	2.5	1541	$1,855	$1.20	14d	1	1.42mi
37711 Leafside Ln Zephyrhills, FL	2.0	2.5	1541	$1,765	$1.15	14d	1	1.42mi
37726 Leafside Ln Zephyrhills, FL	3.0	2.5	1634	$1,985	$1.21	21d	1	1.43mi
6195 Daerr Ridge St Zephyrhills, FL	3.0	2.5	1386	$2,000	$1.44	17d	1	1.49mi

HOA detail

• Monthly dues: $37 · $444/yr

Listing history 20 events

1. 2026-06-18
   days on market $170,000 Active 97 DOM
2. 2026-06-17
   days on market $170,000 Active 96 DOM
3. 2026-06-16
   days on market $170,000 Active 95 DOM
4. 2026-06-15
   days on market $170,000 Active 94 DOM
5. 2026-06-13
   pricedays on market $170,000 Active 92 DOM
6. 2026-06-09
   days on market $175,000 Active 88 DOM
7. 2026-06-08
   days on market $175,000 Active 87 DOM
8. 2026-06-07
   days on market $175,000 Active 86 DOM
9. 2026-06-04
   days on market $175,000 Active 83 DOM
10. 2026-06-03
    days on market $175,000 Active 82 DOM
11. 2026-06-02
    days on market $175,000 Active 81 DOM
12. 2026-06-01
    days on market $175,000 Active 80 DOM
13. 2026-05-31
    days on market $175,000 Active 79 DOM
14. 2026-05-12
    price $175,000
15. 2026-04-23
    price $180,000
16. 2026-03-13
    listed $185,000 Active
17. 2026-02-08
    historical
18. 2025-12-12
    price $200,000
19. 2025-11-19
    price $206,500
20. 2025-09-19
    listed $211,500 Active

ⓘ 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: $2,995 · $250/mo
• Projected year-2 tax: $2,995 · $250/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 9/10 Extreme 7 d/yr ≥108°F today · 24 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: $24,316
• − Mortgage interest: −$9,523
• − Property taxes: −$2,995
• − Insurance: −$850
• − Repairs & maintenance: −$1,945
• − Management: −$1,945
• − HOA: −$444
• − Depreciation: −$4,945
• Taxable income: $1,669
• Est. tax owed @ 24.0%: −$401
• After-tax cash flow: $3,823/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

-17.3% since first listed

7 events — show timeline

• 2026-05-12 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-23 Price Changed $180,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Listed $185,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-12-12 Price Changed $200,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Price Changed $206,500 Stellar MLS as Distributed by MLS Grid
• 2025-09-19 Listed $211,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+5.5%/yr

Latest (2025): $2,995 · +5.1% YoY. Source: county tax records.