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$300,000

For Sale - Active
39809 Pretty Pond Rd, Zephyrhills, FL 33540
3 Beds
2 Baths
1,416 Square Feet
0.50 Acres Lot
Built in 1960
For Sale - Active
Units n/a
Checked: 3 hours ago
Updated: Jun 22, 2025 at 03:18AM

Investment Summary


Monthly Cash Flow
-$208
Cap Rate
5.3%
Cash-on-Cash Return
-3.6%
Debt Coverage Ratio
0.86
Internal Rate of Return (5 years)
0.5%

Property Description


0.50 Acres Lot
Built in 1960
For Sale - Active
Units n/a

Tucked away in peaceful Zephyrhills, FL, this beautifully renovated 3-bedroom, 2-bath home on a spacious half-acre is move-in ready and waiting for you to call it home. With fresh updates from top to bottom, this home combines modern comforts with that good ol’ country feel. Step inside to brand-new luxury laminate flooring that stretches throughout the home, giving it both durability and style. The wide-open living and dining area is perfect for family gatherings, and from the dining room, you’ll have a clear view into the kitchen—ideal for cooking and conversation. The master bedroom features its own private bath and easy access to the laundry room, which also has a separate entrance to the outside—perfect for a mudroom! Whether you’re coming in from working outside or tending to the garden, this space keeps the mess where it belongs. The second bedroom offers its own en suite full bath with hallway access, making it perfect for guests or even as a mother-in-law suite—giving extended family or visitors their own comfortable space! Recent upgrades include a brand-new roof, a new water heater, and fresh interior and exterior paint. The yard has been replanted with freesia and canna lilies already sprouting, adding a touch of country charm. New blinds, ceiling fans, and updated lighting throughout complete the fresh new look. With a spacious half-acre lot, there’s plenty of room to make this backyard your own—set up a fire pit with chairs for a good ol’ hot dog and s’mores adventure under the stars, or go big and add a pool. Whatever your vision, there's space to let your imagination run wild! And let’s talk about the land! High and dry—Milton didn’t leave a drop behind here. The double-entry driveway offers plenty of parking, whether in front of the home or near the large workshop. Speaking of the workshop, it’s fully equipped with electricity and plenty of space for your tools, toys, or even a man (or woman) cave! Enjoy the quiet country atmosphere, where cows and open fields are part of the scenery, yet still be close to shopping, restaurants, and the conveniences of East Pasco. It’s the best of both worlds! Don’t miss out—homes like this don’t last long! Call today for your private tour. You’ll be glad you did.

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Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 3625210010063000040
  • Lot Size: 21780 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1960

Tax Information

  • Annual Tax: $610

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central, Exhaust Fan
  • Cooling: Central Air, Attic Fan

Location

  • County: Pasco

Listing Details


Listed by:
Lori Cheek
CHARLES RUTENBERG REALTY INC
(813) 760-3012

Source:
Stellar MLS
MLS#: TB8350974
Stellar MLS

Investment Summary


Monthly Cash Flow
-$208
Cap Rate
5.3%
Cash-on-Cash Return
-3.6%
Debt Coverage Ratio
0.86
Internal Rate of Return (5 years)
0.5%

Purchase Details

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Purchase price:
$300,000
Amount financed:
-$240,000
Down payment:
$60,000
Closing costs:
$9,000
Rehab costs:
$0
Initial cash invested:
$69,000
Square feet:
1,416
Cost per square foot:
$212
Monthly rent per square foot:
$1.41

Financing Details

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Loan amount:
$240,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,537
Property tax:
$51
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,728

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (3%)
3%-$51-$610
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (28%)
28%-$551-$6,610

Cash Flow


Monthly Yearly
Net operating income:
$1,329 $15,948
Mortgage payments:
-$1,537 -$18,444
Cash flow:
$208 $2,496