14371 Rialto Ave · Brookridge, FL 34613

$214,312

2 bd · 2.0 ba · 1,288 sqft · Manufactured public records · 47 Days on market

Built 1978 8,712 sqft lot Est $184k · 16% over $55/mo HOA · 3% of rent

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Why this score? — see what drove the F 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 +12.4/30.0
• Schools +4.2/10.0
• DSCR +3.7/10.0
• Livability +3.5/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Golf Course Location

Key facts

• 8,712 sq ft lot
• Garage
• Community pool

Property features AI

Finance

• Other: Subdivision: Brookridge Comm Unit 3; Zoning: Residential (RM)
• Financial info: Tax amount not included per instructions
• HOA & community: Homeowners association with monthly fee ($55); Community amenities include clubhouse, golf course, pool, tennis courts, racquetball, shuffleboard, RV/boat storage, storage, and other amenities; Senior community

Exterior

• Parking: Carport (1 space); Additional parking/other
• Security: Gated community; Community security
• Utilities: Public water; Public sewer; Underground electric; Cable available; Electricity available; Water available
• Home design: Manufactured home (double wide); Single-story; Residential property
• Construction: Vinyl siding; Metal roof; Built as manufactured home
• Exterior features: Shed(s); Other exterior features; On golf course; Asphalt road; Private maintained road; Private road frontage

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Kitchen island; Eat-in kitchen
• Bedrooms: Bedrooms not specified
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen island; Vaulted ceilings; Wet bar; Walk-in closets; Other interior features
• Laundry & utility: Washer; Dryer; Laundry in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $214k.

Deal economics

• At list price, monthly cash flow is $-33 ($-400/yr) — negative.
• To cash-flow at today's rent, offer at most $208k (2.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (16.3% below list).
• Recommended offer: $179k (16.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#421 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; 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: Pine Grove Elementary School (math 60% / reading 45%, grade C-, #976 of 2,144 statewide, top 46%, 991 students, 60% FRL); West Hernando Middle School (math 36% / reading 37%, grade F, #405 of 571 statewide, top 72%, 695 students, 58% FRL); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 695 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 37% of the median local income ($59k/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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 22y 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 $70k; list at $214k implies a 206% 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; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,368 (16.3% 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 47 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.84% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.67%
• DSCR: 0.97
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $184,184
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8271 Modena Ave	0.47mi	2/2.0	1,265 (-2%)	0mo	$107,000	$85	75
9128 Scepter Ave	0.45mi	3/2.0 (+1)	1,280 (-1%)	0mo	$183,000	$143	73
14883 Rialto Ave	0.20mi	2/2.0	1,144 (-11%)	0mo	$148,000	$129	72
14311 Action St	0.25mi	3/2.0 (+1)	1,369 (+6%)	1mo	$230,000	$168	72
9847 Scepter Ave	0.56mi	2/2.0	1,248 (-3%)	0mo	$154,000	$123	68
9847 Scepter Ave	0.56mi	2/2.0	1,248 (-3%)	0mo	$154,000	$123	68
8305 Weatherford Ave	0.59mi	2/2.0	1,314 (+2%)	1mo	$193,000	$147	68
14298 Action St	0.22mi	2/2.0	1,448 (+12%)	2mo	$210,000	$145	68
16229 Brookridge Blvd	0.37mi	3/2.0 (+1)	1,380 (+7%)	1mo	$215,000	$156	65
8223 Fortune Hunter Dr	0.48mi	2/2.0	1,176 (-9%)	1mo	$100,000	$85	62
9259 Salvini Dr	0.62mi	2/2.0	1,152 (-11%)	1mo	$165,000	$143	52
15682 Brookridge Blvd	0.52mi	2/2.0	1,104 (-14%)	0mo	$144,000	$130	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.39×
• Total profit: $-36,842
• Equity at exit: $31,955

10-year hold

• IRR: -9.4%
• Equity multiple: 0.42×
• Total profit: $-34,781
• Equity at exit: $18,530

Cash invested: $60,007 (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 34613

• Home prices YoY: -17.2%
• Active inventory: 695
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,794 high
• Mortgage (P&I): −$1,124
• Tax from tax record: −$182 /mo · $2,186/yr
• Insurance: −$89
• HOA: −$55
• Vacancy / Maint / Mgmt: −$377
• Net cashflow: $-33

Break-even live

Break-even rent $1,836

Max offer price $208,425

Occupancy floor 97%

Sensitivity live

Price	-10% $88	-5% $27	+0% $-33	+5% $-94	+10% $-155
Rent	-10% $-175	-5% $-104	+0% $-33	+5% $38	+10% $108
Rate	-1.0pp $75	-0.5pp $21	base $-33	+0.5pp $-89	+1.0pp $-145

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: $53,578
• Closing costs: $6,429
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8917 Southern Charm Cir Brooksville, FL	3.0	2.0	1437	$1,695	$1.18	4d	1	0.07mi
8871 Southern Charm Cir Brooksville, FL	3.0	2.0	1482	$2,050	$1.38	25d	1	0.08mi
8761 Fetterbush Ct Brooksville, FL	3.0	2.0	1730	$1,850	$1.07	25d	1	0.21mi
14131 Lemon Yellow Tree Ln Brooksville, FL	3.0	2.0	1840	$1,979	$1.08	6d	1	0.41mi
8407 Weatherford Ave Brooksville, FL	2.0	2.0	1104	$1,500	$1.36	19d	1	0.42mi
9356 Southern Charm Cir Brooksville, FL	3.0	2.0	1621	$1,800	$1.11	25d	1	0.44mi
9919 Scepter Ave Brooksville, FL	3.0	2.0	1188	$1,250	$1.05	6d	1	0.55mi
9289 Scepter Ave Brooksville, FL	3.0	2.0	1512	$1,400	$0.93	6d	1	0.56mi
14342 Starcross St Brooksville, FL	2.0	1.0	900	$1,025	$1.14	23d	1	0.95mi
14697 Brookridge Blvd Brooksville, FL	2.0	2.0	1056	$1,350	$1.28	25d	1	1.19mi
13020 Sun Rd Brooksville, FL	2.0	2.0	1424	$1,700	$1.19	25d	1	1.39mi

HOA detail

• Monthly dues: $55 · $660/yr

Listing history 22 events

1. 2026-06-21
   days on market $214,312 Active 47 DOM
2. 2026-06-18
   days on market $214,312 Active 44 DOM
3. 2026-06-17
   days on market $214,312 Active 43 DOM
4. 2026-06-16
   days on market $214,312 Active 42 DOM
5. 2026-06-15
   days on market $214,312 Active 41 DOM
6. 2026-06-13
   days on market $214,312 Active 39 DOM
7. 2026-06-13
   days on market $214,312 Active 38 DOM
8. 2026-06-09
   days on market $214,312 Active 35 DOM
9. 2026-06-08
   days on market $214,312 Active 34 DOM
10. 2026-06-07
    days on market $214,312 Active 33 DOM
11. 2026-06-04
    days on market $214,312 Active 30 DOM
12. 2026-06-03
    days on market $214,312 Active 29 DOM
13. 2026-06-02
    days on market $214,312 Active 28 DOM
14. 2026-06-01
    days on market $214,312 Active 27 DOM
15. 2026-05-31
    days on market $214,312 Active 26 DOM
16. 2026-05-20
    price $214,312
17. 2026-05-04
    listed $214,412 Active
18. 2004-06-07
    soldstatus $70,000
19. 2004-03-16
    soldstatus $53,500
20. 2004-03-11
    soldstatus $53,500 20-char remark

    Show marketing remark (20 chars)

    Golf Course Location

21. 2004-03-10
    listed $53,500 20-char remark

    Show marketing remark (20 chars)

    Golf Course Location

22. 1981-01-01
    soldstatus $45,000

ⓘ 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: $2,186 · $182/mo
• Projected year-2 tax: $2,186 · $182/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 10/10 Extreme 7 d/yr ≥109°F today · 28 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,524
• − Mortgage interest: −$12,005
• − Property taxes: −$2,186
• − Insurance: −$1,072
• − Repairs & maintenance: −$1,722
• − Management: −$1,722
• − HOA: −$660
• − Depreciation: −$6,235
• Taxable loss: −$4,077
• Est. tax savings @ 24.0%: +$978
• After-tax cash flow: $578/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 — Brookridge

• Score: 70/100
• State rank: #421
• US rank: #7529

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookridge, FL
• County: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

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 (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

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: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• 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

+376.2% since first listed

7 events — show timeline

• 2026-05-20 Price Changed $214,312 HCAR
• 2026-05-04 Listed $214,412 HCAR
• 2004-06-07 Sold (Public Records) $70,000 Public Records
• 2004-03-16 Sold (Public Records) $53,500 Public Records
• 2004-03-11 Sold (MLS) $53,500 HCAR
• 2004-03-10 Listed $53,500 HCAR
• 1981-01-01 Sold (Public Records) $45,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $2,186 · +0.7% YoY. Source: county tax records.