6302 NW 67th Ter · Ocala, FL 34482

$274,900

3 bd · 2.0 ba · 1,248 sqft · SingleFamily public records · 4 Days on market

Built 1986 10,454 sqft lot Est $225k · 22% over

---

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).

• Cash flow +14.1/30.0
• Rent growth +5.0/5.0
• DSCR +4.3/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Updated Ocala Home on Two Parcels • No HOA • Workshop • Minutes to WEC Priced Right and Packed with Value! Just 4 miles from the World Equestrian Center, this beautifully updated 3-bedroom, 2-bath concrete block home offers something increasingly hard to find in Ocala—no HOA, a detached workshop, an additional parcel, and major updates already completed. Nestled beneath majestic moss-draped oaks in desirable Ocala 34482, this move-in-ready property combines comfort, flexibility, and functionality at a price point that's difficult to match this close to WEC. Updated kitchen with espresso shaker cabinetry, stone-look countertops, glass mosaic backsplash, stainless

Key facts

• Renovated bathrooms
• Detached workshop
• Updated kitchen

Tags

• NO HOA
• DETACHED WORKSHOP
• UPDATED KITCHEN
• WOOD-LOOK TILE FLOORING
• RENOVATED BATHROOMS
• COVERED REAR DECK

Property features AI

Finance

• Other: Homestead exempt; Zoned R1
• HOA & community: No association

Exterior

• Parking: Attached garage (1 car)
• Security: Security system
• Utilities: Well water; Septic tank; Electricity connected; Broadband/high-speed internet available; Water connected
• Home design: Single family residence; One story; East-facing
• Construction: Block construction; Shingle roof; Slab foundation; Built on one level
• Exterior features: Covered front and rear porches; Fire pit; French doors; Rain gutters; Asphalt road access; Public maintained road; Has additional parcels; 1/4 to less than 1/2 acre lot (approx. 0.24 acres); 2 lots

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater; Water softener
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Solid surface counters; Security system
• Laundry & utility: Laundry in garage; Dryer; Generator

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-25 ($-301/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (1.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (22.9% below list).
• Recommended offer: $212k (22.9% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.1% in Ocala — 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 (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fessenden Elementary School (math 37% / reading 37%, grade F, #1,609 of 2,144 statewide, top 77%, 417 students, 79% FRL); North Marion Middle School (math 35% / reading 34%, grade F, #421 of 571 statewide, top 74%, 803 students, 72% FRL); North Marion High School (math 20% / reading 32%, grade F, #494 of 667 statewide, top 75%, 1,303 students, 66% FRL).
• Market conditions: Rents rising fast (+11.1%/yr); 670 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 39% of the median local income ($66k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $52k; list at $275k implies a 429% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $212,037 (22.9% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F 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?
5. 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?
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: 0.77% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.64%
• DSCR: 1.03
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $224,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6441 NW 65th Ave	0.28mi	3/2.0	1,281 (+3%)	7mo	$212,000	$165	77
6422 NW 62nd Ave	0.31mi	3/2.0	1,232 (-1%)	10mo	$224,000	$182	75
6322 NW 66th Ave	0.12mi	3/2.0	1,265 (+1%)	22mo	$203,000	$160	74
6290 NW 66th Ave	0.12mi	3/2.0	1,294 (+4%)	18mo	$150,000	$116	73
6354 NW 61st Ln	0.42mi	3/2.0	1,232 (-1%)	10mo	$225,000	$183	70
6518 NW 61st St	0.29mi	3/2.0	1,380 (+11%)	4mo	$248,900	$180	65
6320 NW 65 Ave	0.23mi	3/2.0	1,331 (+7%)	17mo	$239,900	$180	64
6276 NW 62nd Ave	0.52mi	3/2.0	1,380 (+11%)	1mo	$237,000	$172	57
6605 NW 61st Ln	0.17mi	3/2.0	1,421 (+14%)	20mo	$269,000	$189	52
6254 NW 65th Pl NW	0.52mi	3/2.0	1,381 (+11%)	14mo	$265,000	$192	46
6900 NW 60th Street Rd	0.25mi	2/2.0 (-1)	1,071 (-14%)	17mo	$239,500	$224	45
5662 NW 62nd Ave	0.68mi	2/2.5 (-1)	1,412 (+13%)	23mo	$220,000	$156	20

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.54×
• Total profit: $-35,028
• Equity at exit: $40,988

10-year hold

• IRR: 2.7%
• Equity multiple: 1.23×
• Total profit: $18,074
• Equity at exit: $23,768

Cash invested: $76,972 (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 34482

• Rents YoY: 11.1%
• Active inventory: 670
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $2,120 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$78 /mo · $931/yr
• Insurance: −$115
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $-25

Break-even live

Break-even rent $2,152

Max offer price $270,468

Occupancy floor 96%

Sensitivity live

Price	-10% $131	-5% $53	+0% $-25	+5% $-103	+10% $-181
Rent	-10% $-193	-5% $-109	+0% $-25	+5% $59	+10% $142
Rate	-1.0pp $113	-0.5pp $45	base $-25	+0.5pp $-96	+1.0pp $-169

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6440 NW 66th Ct Ocala, FL	3.0	2.0	992	$1,695	$1.71	15d	1	0.11mi
6425 NW 62nd Ter Ocala, FL	3.0	2.0	1349	$3,000	$2.22	23d	1	0.50mi
5907 NW 64th St Ocala, FL	4.0	2.0	1313	$1,699	$1.29	23d	1	0.85mi
6175 NW 59th Ave Ocala, FL	3.0	2.0	1384	$1,745	$1.26	23d	1	0.88mi
5532 NW 57th Pl Ocala, FL	2.0	2.0	962	$1,295	$1.35	15d	1	1.26mi
5391 NW 55th Ct Ocala, FL	3.0	2.0	1332	$1,650	$1.24	23d	1	1.36mi

Listing history 3 events

1. 2026-06-21
   days on market $274,900 Active 4 DOM
2. 2026-06-17
   remarks 678-char remark
3. 2026-06-17
   listed $274,900 Active 1 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: $931 · $78/mo
• Projected year-2 tax: $2,282 · $190/mo
• Expected delta: +$1,351/yr (+$113/mo · 145.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,444
• − Mortgage interest: −$15,399
• − Property taxes: −$931
• − Insurance: −$2,172
• − Repairs & maintenance: −$2,036
• − Management: −$2,036
• − Depreciation: −$7,997
• Taxable loss: −$5,125
• Est. tax savings @ 24.0%: +$1,230
• After-tax cash flow: $929/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: Marion
• NCES district ID: 1201260
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $40,015
• Composite: 35.61/100
• National rank: #4890
• State rank: #61 of 73 in FL

Livability — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 365,905 people
• By 2030: 376,768 · +3.0%
• By 2040: 396,555 · +8.4%
• By 2050: 412,723 · +12.8%
• By 2075: 446,090 · +21.9%
• By 2100: 436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% Other Indo-European 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+31.6) · D 33.8% · R 65.5%
• 2008→2024 swing: -20.0pp toward R · 2008: -11.6pp · 2024: -31.6pp
• All cycles: 2024: R+31.6 2020: R+25.9 2016: R+26.2 2012: R+16.2 2008: R+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• Metro: Ocala, 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

+449.8% since first listed

3 events — show timeline

• 2026-06-17 Listed $274,900 Stellar MLS as Distributed by MLS Grid
• 1997-10-03 Sold (Public Records) $52,000 Public Records
• 1995-10-01 Sold (Public Records) $50,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $931 · +30.0% YoY. Source: county tax records.