6605 NW 60th Ct · Ocala, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 8/10 · Major
- Hot days now (above 107°F)
- 6 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +29.8/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.0/10.0
- Rent growth +5.0/5.0
- Livability +3.5/5.0
- Schools +3.2/10.0
- Appreciation +2.5/10.0
- Condition / age +2.2/5.0
- Manufactured-home adj. -6.3
$124,900
6605 NW 60th Ct · Ocala, FL 34482
3 bd · 2.0 ba · 924 sqft · Manufactured
public records
· 113 Days on market
Manufactured home
Built 2001
0.26 ac lot
$135/sqft
· 40% below area
Est $208k · 40% under
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Don’t miss this great opportunity to add your personal touch! This two-bedroom, two-bathroom single-wide mobile home is situated on a . 26-acre lot. The interior features laminate and vinyl flooring, complemented by granite countertops in the kitchen. With a little updating, this property could truly shine as a cozy residence or a smart investment.
Key facts
- Laminate flooring
- Vinyl flooring
- Acre lot
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $125k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $458 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $125k).
- Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
- Cap rate 10.7% vs local median 4.2% 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); 778 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 113 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $12k; list at $125k implies a 941% 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; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$113,659
(9.0% below list)
Questions for the listing agent
- It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.30% ✓
- Cap rate
- 10.69%
- Cash-on-cash
- 15.71%
- DSCR
- 1.70
- GRM
- 6.4
CMA / ARV
- ARV (median comp)
- $207,902
- List price
- $124,900
- Delta
- -39.92%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5969 NW 65th St | 0.09mi | 2/2.0 (-1) | 983 (+6%) | 6mo | $194,000 | $197 | 75 |
| 5931 NW 62nd Pl | 0.28mi | 3/2.0 | 1,014 (+10%) | 3mo | $219,900 | $217 | 69 |
| 6042 NW 54th Ter | 0.68mi | 2/2.0 (-1) | 912 (-1%) | 1mo | $130,000 | $143 | 60 |
| 6302 NW 64th Ave | 0.46mi | 3/2.0 | 1,083 (+17%) | 4mo | $150,000 | $139 | 50 |
| 5931 NW 58th Ter | 0.54mi | 3/2.0 | 1,026 (+11%) | 10mo | $179,000 | $174 | 48 |
| 5697 NW 57 St | 0.74mi | 3/2.0 | 1,014 (+10%) | 3mo | $239,000 | $236 | 47 |
| 5870 NW 55th Ct | 0.68mi | 3/2.0 | 1,144 (+24%) | 1mo | $250,000 | $219 | 42 |
| 5255 NW 64 St | 0.69mi | 3/2.0 | 1,118 (+21%) | 1mo | $220,000 | $197 | 42 |
| 5290 NW 61st Ln | 0.75mi | 3/2.0 | 1,118 (+21%) | 4mo | $175,100 | $157 | 37 |
| 5331 NW 60th Ter | 0.94mi | 3/2.0 | 1,053 (+14%) | 6mo | $244,000 | $232 | 36 |
| 6301 NW 67th Ter | 0.74mi | 3/2.0 | 1,115 (+21%) | 6mo | $177,500 | $159 | 35 |
| 5193 NW 61st Ave | 1.04mi | 3/2.0 | 1,077 (+17%) | 9mo | $237,000 | $220 | 33 |
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
- 11.9%
- Equity multiple
- 1.50×
- Total profit
- $17,498
- Equity at exit
- $18,623
10-year hold
- IRR
- 24.5%
- Equity multiple
- 3.63×
- Total profit
- $91,807
- Equity at exit
- $10,799
Cash invested: $34,972 (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.
Active competition Active MLS
- For sale now
- 1 active
- Median asking
- $310,000 ($269/sqft)
- Median days on market
- 38 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -16.4% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34482
- Rents YoY
- 11.1%
- Active inventory
- 778
- Price-to-rent
- 6.4×
Monthly cashflow live
↻
- Estimated rent
- $1,622 medium interval (Pro) →
- Mortgage (P&I)
- −$655
- Tax from tax record
- −$116 /mo · $1,398/yr
- Insurance
- −$52
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$341
- Net cashflow
- $458
Break-even live
Break-even rent
$1,042
Max offer price
$124,900
Occupancy floor
67%
Sensitivity live
| Price | -10% $529 | -5% $493 | +0% $458 | +5% $423 | +10% $387 |
|---|---|---|---|---|---|
| Rent | -10% $330 | -5% $394 | +0% $458 | +5% $522 | +10% $586 |
| Rate | -1.0pp $521 | -0.5pp $490 | base $458 | +0.5pp $426 | +1.0pp $393 |
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
- $31,225
- Closing costs
- $3,747
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 2 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 | 63d | 1 | 0.66mi |
| 5532 NW 57th Pl Ocala, FL | 2.0 | 2.0 | 962 | $1,295 | $1.35 | 63d | 1 | 0.79mi |
Property features AI
Finance
- Other
- Homestead exemptFurnished: UnfurnishedNumber of wells: 1Number of septics: 1Living area approximately 924 sq ftThird-party listingHome warranty: No
- HOA & community
- No HOA/association
Exterior
- Utilities
- Well waterSeptic tankElectricity connected
- Home design
- Single family residence (single wide)One storyFaces westEntry level: One
- Construction
- Vinyl sidingMetal roofCrawlspace foundationBuilt as single wideApproximately 0.26 acre lot (1/4 to less than 1/2 acre)
- Exterior features
- Cleared lotPublic maintained paved/asphalt road accessLot dimensions approximately 80 x 142
Interior
- Kitchen
- RangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- Laminate
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Electric heatingCentral airMini-split unit(s)
- Interior features
- Ceiling fansSplit-bedroom layoutStone counters
- Laundry & utility
- Indoor laundry
Listing history 50 events
-
2026-08-08days on market $124,900 Active 113 DOM
-
2026-08-07days on market $124,900 Active 112 DOM
-
2026-08-06days on market $124,900 Active 111 DOM
-
2026-08-05days on market $124,900 Active 110 DOM
-
2026-08-04days on market $124,900 Active 109 DOM
-
2026-08-03days on market $124,900 Active 108 DOM
-
2026-07-31days on market $124,900 Active 105 DOM
-
2026-07-30days on market $124,900 Active 104 DOM
-
2026-07-29days on market $124,900 Active 103 DOM
-
2026-07-27days on market $124,900 Active 101 DOM
-
2026-07-25days on market $124,900 Active 99 DOM
-
2026-07-23days on market $124,900 Active 97 DOM
-
2026-07-22days on market $124,900 Active 96 DOM
-
2026-07-21days on market $124,900 Active 95 DOM
-
2026-07-18days on market $124,900 Active 92 DOM
-
2026-07-16days on market $124,900 Active 90 DOM
-
2026-07-16days on market $124,900 Active 89 DOM
-
2026-07-14days on market $124,900 Active 88 DOM
-
2026-07-13days on market $124,900 Active 87 DOM
-
2026-07-12days on market $124,900 Active 86 DOM
-
2026-07-11days on market $124,900 Active 85 DOM
-
2026-07-10days on market $124,900 Active 84 DOM
-
2026-07-09days on market $124,900 Active 83 DOM
-
2026-07-08days on market $124,900 Active 82 DOM
-
2026-07-07days on market $124,900 Active 81 DOM
-
2026-07-06days on market $124,900 Active 80 DOM
-
2026-07-05days on market $124,900 Active 79 DOM
-
2026-07-04days on market $124,900 Active 78 DOM
-
2026-07-03days on market $124,900 Active 77 DOM
-
2026-07-02days on market $124,900 Active 76 DOM
-
2026-07-01days on market $124,900 Active 75 DOM
-
2026-06-30days on market $124,900 Active 74 DOM
-
2026-06-29days on market $124,900 Active 73 DOM
-
2026-06-28days on market $124,900 Active 72 DOM
-
2026-06-28days on market $124,900 Active 71 DOM
-
2026-06-27days on market $124,900 Active 70 DOM
-
2026-06-25days on market $124,900 Active 68 DOM
-
2026-06-23days on market $124,900 Active 66 DOM
-
2026-06-21days on market $124,900 Active 65 DOM
-
2026-06-18days on market $124,900 Active 62 DOM
-
2026-06-17days on market $124,900 Active 61 DOM
-
2026-06-16days on market $124,900 Active 60 DOM
-
2026-06-15days on market $124,900 Active 59 DOM
-
2026-06-14days on market $124,900 Active 57 DOM
-
2026-06-13days on market $124,900 Active 56 DOM
-
2026-06-10days on market $124,900 Active 54 DOM
-
2026-06-09days on market $124,900 Active 53 DOM
-
2026-06-08days on market $124,900 Active 52 DOM
-
2026-06-07days on market $124,900 Active 51 DOM
-
2026-06-03days on market $124,900 Active 47 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
- $1,398 · $116/mo
- Projected year-2 tax
- $1,398 · $116/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 3/10 Moderate
- Heat 8/10 Severe 6 d/yr ≥107°F today · 18 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,465
- − Mortgage interest
- −$6,996
- − Property taxes
- −$1,398
- − Insurance
- −$624
- − Repairs & maintenance
- −$1,557
- − Management
- −$1,557
- − Depreciation
- −$3,633
- Taxable income
- $3,698
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$888
- After-tax cash flow
- $4,607/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 · 9 photos
45/100
Moderate rehab
Est. rehab $23,100–$41,580 screening
This two-bedroom, two-bathroom single-wide mobile home requires significant repairs and maintenance, including roof replacement and exterior painting. Improvements in these areas can significantly increase its value.
Components & finishes AI
Roof metal
Flooring wood
Counters granite
Appliances stainless steel
HVAC central
Repairs flagged
- Major roof — The roof appears to be in poor condition and needs replacement.
- Major exterior siding — The siding is peeling and the paint is chipping, indicating significant wear and tear.
- Major landscaping — The landscaping is sparse and overgrown, which can be improved with proper maintenance and landscaping features.
Value-add opportunities
- Both paint exterior siding — Painting the exterior siding can improve the curb appeal and increase the home's value. ↑
- Both repair roof — Repairing the roof can prevent further damage and increase the home's value. ↑
- Both landscape and maintain yard — Improving the landscaping and maintaining the yard can increase the home's curb appeal and rental value. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 32/100
Zoned Schools
Elementary
Fessenden Elementary School
F
FL #1,609/2,144
Nat'l #21,438/41,679
Middle
North Marion Middle School
F
FL #421/571
Nat'l #7,581/14,009
High
North Marion High School
F
FL #494/667
Nat'l #12,251/17,239
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
C
Composite livability gradescore 69/100
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 · 365,905 people
- City population
- 263,375
- Metro
- Ocala, FL
- Population (ZIP)
- 22,807
- Household income
- $65,901
- Rent vs Own
- Severe rent burden
- 8% of renters
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
+940.8% since first listed3 events — show timeline
- 2026-05-29 Price Changed $124,900 Stellar MLS as Distributed by MLS Grid
- 2026-04-17 Listed $129,900 Stellar MLS as Distributed by MLS Grid
- 2000-02-28 Sold (Public Records) $12,000 Public Records
Property tax history
+16.0%/yrLatest (2025): $1,398 · +19.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…