None · Rainbow Park, FL 34482

$314,999

3 bd · 2.0 ba · 1,807 sqft · Land · 371 Days on market

Built 2025 10,019 sqft lot $174/sqft · 27% above area Est $249k · 27% over

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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 +5.9/30.0
• Rent growth +5.0/5.0
• Schools +3.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.3/10.0
• DSCR +0.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

Key facts

• Luxury tile flooring
• New construction
• Cathedral ceilings

Tags

• NEW CONSTRUCTION
• LUXURY TILE FLOORING
• CATHEDRAL CEILINGS
• SOLID WOOD KITCHEN CABINETS
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $315k.

Deal economics

• At list price, monthly cash flow is $-617 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $226k (28.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (37.3% below list).
• Recommended offer: $197k (37.3% below list) — sets the bar for 1% rule.
• Cap rate 3.9% vs local median 5.4% in Rainbow Park — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 36% 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 $9k 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

• It's been on market 371 days — a 12% lower offer ($277k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $65k; list at $315k implies a 385% gain — meaningful room to come down on a strong offer.

Recommended offer $197,428 (37.3% 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 371 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.63% ✗
• Cap rate: 3.94%
• Cash-on-cash: -8.40%
• DSCR: 0.63
• GRM: 13.3

CMA / ARV

• ARV (median comp): $248,604
• List price: $314,999
• Delta: 26.71%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -25.8%
• Equity multiple: 0.09×
• Total profit: $-79,890
• Equity at exit: $46,967

10-year hold

• IRR: -11.4%
• Equity multiple: 0.18×
• Total profit: $-72,576
• Equity at exit: $27,235

Cash invested: $88,200 (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: 663
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $1,974 medium
• Mortgage (P&I): −$1,652
• Tax est. 1.5%: −$394 /mo · $4,725/yr
• Insurance: −$131
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $-617

Break-even live

Break-even rent $2,756

Max offer price $225,688

Occupancy floor —

Sensitivity live

Price	-10% $-400	-5% $-508	+0% $-617	+5% $-726	+10% $-835
Rent	-10% $-773	-5% $-695	+0% $-617	+5% $-539	+10% $-461
Rate	-1.0pp $-459	-0.5pp $-537	base $-617	+0.5pp $-699	+1.0pp $-782

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14070 SW 17th Pl Ocala, FL	3.0	2.0	1388	$1,500	$1.08	22d	1	0.28mi
14665 SW 22nd Pl Ocala, FL	3.0	2.0	1226	$1,900	$1.55	14d	1	0.63mi
14896 SW 33rd Ln Ocala, FL	4.0	2.0	1636	$1,900	$1.16	22d	1	1.17mi

Listing history 18 events

1. 2026-06-18
   days on market $314,999 Active 371 DOM
2. 2026-06-17
   days on market $314,999 Active 370 DOM
3. 2026-06-16
   days on market $314,999 Active 369 DOM
4. 2026-06-15
   days on market $314,999 Active 368 DOM
5. 2026-06-14
   days on market $314,999 Active 366 DOM
6. 2026-06-13
   days on market $314,999 Active 365 DOM
7. 2026-06-03
   days on market $314,999 Active 363 DOM
8. 2026-06-02
   days on market $314,999 Active 362 DOM
9. 2026-05-31
   days on market $314,999 Active 360 DOM
10. 2026-05-30
    days on market $314,999 Active 359 DOM
11. 2026-04-01
    price $314,999 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

12. 2026-01-22
    price $325,000 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

13. 2025-09-08
    price $344,900 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

14. 2025-09-04
    price $359,900 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

15. 2025-09-04
    price $344,900 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

16. 2025-06-05
    listed $359,900 Active 912-char remark

    Show marketing remark (912 chars)

    NO HOA – New Construction with Upgrades on a paved road! This 3-bedroom, 2-bath home offers 1,807 sq ft of quality finishes and modern features, plus a 2-car garage. Built with care and attention to detail, this home includes luxury tile flooring throughout, cathedral ceilings, and solid wood kitchen cabinets with granite countertops, stainless steel appliances, an island, a farmhouse sink, two patios and a covered lanai. You'll find granite finishes in both bathrooms and on all window sills. The master suite features a walk-in closet and a spacious bathroom. Security features include a Ring doorbell, exterior security camera, and flood lights, offering peace of mind from day one. Located just minutes I-75, making travel to Gainesville, Tampa, and Orlando simple. Shopping, hospitals, and entertainment are all nearby. Come take a look – this home is move-in ready and won’t last!

17. 2003-04-28
    soldstatus $65,000
18. 2000-09-09
    soldstatus $61,000

ⓘ 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: $23,691
• − Mortgage interest: −$17,645
• − Property taxes: −$4,725
• − Insurance: −$1,575
• − Repairs & maintenance: −$1,895
• − Management: −$1,895
• − Depreciation: −$9,164
• Taxable loss: −$13,208
• Est. tax savings @ 24.0%: +$3,170
• After-tax cash flow: $-4,237/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 — Rainbow Park

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Rainbow Park, FL
• County: Marion County · 315,796 people
• 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

+416.4% since first listed

8 events — show timeline

• 2026-04-01 Price Changed $314,999 Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Price Changed $325,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-08 Price Changed $344,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-04 Price Changed $359,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-04 Price Changed $344,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-05 Listed $359,900 Stellar MLS as Distributed by MLS Grid
• 2003-04-28 Sold (Public Records) $65,000 Public Records
• 2000-09-09 Sold (Public Records) $61,000 Public Records

Property tax history

+10.1%/yr

Latest (2025): $554 · +155.0% YoY. Source: county tax records.