2905 SW Archer Rd Unit S4022 · Gainesville, FL 32608

$114,900

2 bd · 2.0 ba · 800 sqft · Condo · 135 Days on market

Built 1998 Good condition $300/mo HOA · 20% of rent ↓ 4% since listing

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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 +18.9/30.0
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Condition / age +3.8/5.0
• Rent growth +3.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location, location, location. Discover this 2-bedroom, 2-bathroom split floor plan condo just steps from UF campus, Shands Hospital, VA Medical Center, gyms, grocery stores, yoga studios, and restaurants. Each bedroom features its own private bathroom and walk-in closet, and the open living area includes an in-unit washer and dryer. Large windows bring ample natural light to the unit. Easy access to the community pool and plenty of parking. Bus lines directly go to the UF campus. With unbeatable walkable access to campus, shopping, dining, and entertainment, this condo combines location, lifestyle, and investment opportunity in one exceptional package.

Key facts

• Ample natural light
• Community pool
• Walk-in closet

Tags

• SPLIT FLOOR PLAN
• PRIVATE BATHROOM
• WALK-IN CLOSET
• IN-UNIT WASHER AND DRYER
• COMMUNITY POOL
• AMPLE NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $115k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $118 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 81/100 on livability (#97 in FL, #1,480 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.9%/yr); 594 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.

Recommended offer $101,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
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 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: 1.34% ✓
• Cap rate: 7.52%
• Cash-on-cash: 4.40%
• DSCR: 1.20
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.89% rent growth · sell at horizon

5-year hold

• IRR: -9.4%
• Equity multiple: 0.66×
• Total profit: $-11,071
• Equity at exit: $17,132

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $178
• Equity at exit: $9,934

Cash invested: $32,172 (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 32608

• Rents YoY: 2.9%
• Active inventory: 594
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,534 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,724/yr
• Insurance: −$48
• HOA: −$300
• Vacancy / Maint / Mgmt: −$322
• Net cashflow: $118

Break-even live

Break-even rent $1,385

Max offer price $114,900

Occupancy floor 87%

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4455 SW 34th St Gainesville, FL	1.0–3.0	1.0–3.0	1033	$1,830	$1.77	13d	28	1.26mi

HOA detail condo

• Monthly dues: $300 · $3,600/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-18
   days on market $114,900 Active 135 DOM
2. 2026-06-17
   days on market $114,900 Active 134 DOM
3. 2026-06-16
   days on market $114,900 Active 133 DOM
4. 2026-06-15
   days on market $114,900 Active 132 DOM
5. 2026-06-14
   days on market $114,900 Active 130 DOM
6. 2026-06-13
   days on market $114,900 Active 129 DOM
7. 2026-06-10
   days on market $114,900 Active 127 DOM
8. 2026-06-09
   days on market $114,900 Active 126 DOM
9. 2026-06-08
   days on market $114,900 Active 125 DOM
10. 2026-06-07
    days on market $114,900 Active 124 DOM
11. 2026-06-05
    pricedays on market $114,900 Active 121 DOM
12. 2026-06-03
    days on market $124,000 Active 120 DOM
13. 2026-06-02
    days on market $124,000 Active 119 DOM
14. 2026-06-01
    days on market $124,000 Active 118 DOM
15. 2026-05-31
    days on market $124,000 Active 117 DOM
16. 2026-05-30
    days on market $124,000 Active 116 DOM
17. 2026-05-14
    price $124,000 660-char remark

    Show marketing remark (660 chars)

    Location, location, location. Discover this 2-bedroom, 2-bathroom split floor plan condo just steps from UF campus, Shands Hospital, VA Medical Center, gyms, grocery stores, yoga studios, and restaurants. Each bedroom features its own private bathroom and walk-in closet, and the open living area includes an in-unit washer and dryer. Large windows bring ample natural light to the unit. Easy access to the community pool and plenty of parking. Bus lines directly go to the UF campus. With unbeatable walkable access to campus, shopping, dining, and entertainment, this condo combines location, lifestyle, and investment opportunity in one exceptional package.

18. 2026-02-04
    listed $129,000 Active 660-char remark

    Show marketing remark (660 chars)

    Location, location, location. Discover this 2-bedroom, 2-bathroom split floor plan condo just steps from UF campus, Shands Hospital, VA Medical Center, gyms, grocery stores, yoga studios, and restaurants. Each bedroom features its own private bathroom and walk-in closet, and the open living area includes an in-unit washer and dryer. Large windows bring ample natural light to the unit. Easy access to the community pool and plenty of parking. Bus lines directly go to the UF campus. With unbeatable walkable access to campus, shopping, dining, and entertainment, this condo combines location, lifestyle, and investment opportunity in one exceptional package.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $18,409
• − Mortgage interest: −$6,436
• − Property taxes: −$1,724
• − Insurance: −$574
• − Repairs & maintenance: −$1,473
• − Management: −$1,473
• − HOA: −$3,600
• − Depreciation: −$3,343
• Taxable loss: −$213
• Est. tax savings @ 24.0%: +$51
• After-tax cash flow: $1,466/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained and updated condo is in good condition with a good condition score of 75. It has a good location and is ready for a fresh coat of paint and some minor updates to enhance its curb appeal and interior aesthetics.

Value-add opportunities

• Both Paint the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Replace the light fixture in the kitchen — A new light fixture can improve both the functionality and the overall look of the kitchen.
• Both Install new flooring in the living room — New flooring can significantly improve the appearance and feel of the living space, making it more inviting and attractive to potential buyers or renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Replace the light fixture in the kitchen — A new light fixture can improve both the functionality and the overall look of the kitchen. ↑
• Both Install new flooring in the living room — New flooring can significantly improve the appearance and feel of the living space, making it more inviting and attractive to potential buyers or renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Gainesville

• Score: 81/100
• State rank: #97
• US rank: #1480

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gainesville, FL
• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 54,566
• Household income: $61,588
• Rent vs Own: 58.7% rent · 41.3% own
• Severe rent burden: 4709.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 16% Black 13% Asian 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4%
• Common ancestry: Slovak 2% Italian 2% Romanian 2%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.91%
• Current HPI: 253.0629
• Rent YoY: ▲ 2.89%
• Metro: Gainesville, 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

-3.9% since first listed

2 events — show timeline

• 2026-05-14 Price Changed $124,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-04 Listed $129,000 Stellar MLS as Distributed by MLS Grid