14715 SE 47th Ave · Belleview, FL 34491

$125,000

2 bd · 1.0 ba · 840 sqft · Manufactured public records · 480 Days on market

Built 1991 10,019 sqft lot $149/sqft · 5% above area Est $119k · 5% over ↓ 14% since listing

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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 +29.9/30.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• ARV discount +5.2/15.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

Key facts

• Metal roof
• Florida room
• Paved carport

Tags

• FLORIDA ROOM
• PAVED CARPORT
• CONCRETE DRIVEWAY
• METAL ROOF
• SOLID CONCRETE SLAB

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $396 ($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: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 4.5% in Belleview — 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 (#458 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, crime F, amenities 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.
• Market conditions: 712 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 + 3.0% rent growth), your $35k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 480 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 480 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 10.73%
• Cash-on-cash: 15.84%
• DSCR: 1.70
• GRM: 6.4

CMA / ARV

• ARV (median comp): $118,981
• List price: $125,000
• Delta: 5.06%
• Verdict: FAIR
• Comps: 3 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5096 SE 146th Ln	0.35mi	2/2.0	920 (+10%)	4mo	$149,000	$162	60

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.7%
• Equity multiple: 1.14×
• Total profit: $4,979
• Equity at exit: $18,638

10-year hold

• IRR: 13.2%
• Equity multiple: 2.06×
• Total profit: $36,942
• Equity at exit: $10,808

Cash invested: $35,000 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 712
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,628 high
• Mortgage (P&I): −$656
• Tax from tax record: −$117 /mo · $1,398/yr
• Insurance: −$52
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $396

Break-even live

Break-even rent $1,127

Max offer price $125,000

Occupancy floor 71%

Sensitivity live

Price	-10% $466	-5% $431	+0% $396	+5% $360	+10% $325
Rent	-10% $267	-5% $331	+0% $396	+5% $460	+10% $524
Rate	-1.0pp $459	-0.5pp $427	base $396	+0.5pp $363	+1.0pp $330

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3934 SE 142nd St Summerfield, FL	3.0	2.0	1000	$1,499	$1.50	15d	1	0.87mi
14025 SE 54th Ct Summerfield, FL	2.0	1.5	1008	$1,500	$1.49	15d	1	0.96mi
3780 SE 141st Ln Summerfield, FL	3.0	2.0	1066	$1,595	$1.50	22d	1	1.04mi
3780 SE 141st Ln Summerfield, FL	3.0	2.0	1066	$1,525	$1.43	15d	1	1.04mi
13678 SE 55th Ave Summerfield, FL	3.0	2.0	960	$1,499	$1.56	22d	1	1.26mi

Listing history 18 events

1. 2026-06-10
   days on market $125,000 Active 480 DOM
2. 2026-06-09
   days on market $125,000 Active 479 DOM
3. 2026-06-08
   days on market $125,000 Active 478 DOM
4. 2026-06-07
   days on market $125,000 Active 477 DOM
5. 2026-06-03
   days on market $125,000 Active 473 DOM
6. 2026-06-02
   days on market $125,000 Active 472 DOM
7. 2026-05-31
   days on market $125,000 Active 470 DOM
8. 2026-05-30
   days on market $125,000 Active 469 DOM
9. 2026-03-17
   status Active 668-char remark

   Show marketing remark (668 chars)

   BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

10. 2026-03-17
    historical 668-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

11. 2025-08-13
    status Active 666-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

12. 2025-08-13
    status Active 668-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

13. 2025-07-13
    status Pending 666-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

14. 2025-07-13
    status Pending 668-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

15. 2025-06-21
    price $125,000 666-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

16. 2025-06-21
    price $125,000 668-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

17. 2025-01-15
    listed $145,000 Active 668-char remark

    Show marketing remark (668 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

18. 2025-01-14
    listed $145,000 Active 666-char remark

    Show marketing remark (666 chars)

    BACK ON THE MARKET!! FINANCING FELL THROUGH!! Single wide manufactured home in very good condition. This home was ordered originally with 3/4 inch plywood sub-flooring and it's very solid. Two bedrooms, one bathroom and a very large living room that exits out to your 12' X 20' Florida Room with new floor joists, plywood sub-floor and new carpet. There's also a 12' X 50' paved carport and a concrete driveway. This home has a metal roof-over the original metal roof. The foundation is a solid concrete slab with concrete piers and tie downs. This home was setup great when it was brand new in 1991. This home would be a great starter home or solid rental property.

ⓘ 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 · $117/mo
• Projected year-2 tax: $1,398 · $117/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 7/10 Severe FEMA zone X (unshaded) · 76% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,536
• − Mortgage interest: −$7,002
• − Property taxes: −$1,398
• − Insurance: −$1,422
• − Repairs & maintenance: −$1,563
• − Management: −$1,563
• − Depreciation: −$3,636
• Taxable income: $2,951
• Est. tax owed @ 24.0%: −$708
• After-tax cash flow: $4,038/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 — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

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: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 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: ▼ -107.67%
• Current HPI: 200.0792
• Rent YoY: —
• 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

-13.8% since first listed

10 events — show timeline

• 2026-03-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-13 Relisted — RACC
• 2025-08-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-13 Pending — RACC
• 2025-07-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-06-21 Price Changed $125,000 RACC
• 2025-06-21 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-15 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-14 Listed $145,000 RACC

Property tax history

+7.7%/yr

Latest (2025): $1,398 · +30.5% YoY. Source: county tax records.