14041 SE 90th Ter · The Villages, FL 34491

$165,000

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 25 Days on market

Built 1998 9,583 sqft lot

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• 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

Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

Key facts

• Paved road
• Fully fenced
• Open floorplan

Tags

• OPEN FLOORPLAN
• GRANITE COUNTERTOPS
• NEWER VINYL FLOORING
• FULLY FENCED
• PAVED ROAD
• WELL WATER

Property features AI

Finance

• Other: Unfurnished; Zoning: R4; Living area approx. 1,216 sq ft

Exterior

• Utilities: Public water; Septic tank; Electricity connected
• Home design: Manufactured home (single wide); Residential property; One story; Faces north; Entry on one level
• Construction: Metal siding; Shingle roof; Crawlspace foundation; Built on a 0.22-acre lot (approx. 75 x 130)
• Exterior features: Other exterior features; Paved road access

Interior

• Kitchen: Convection oven; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $736 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $163k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.6% vs local median 5.0% in The Villages — 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 70/100 on livability (#431 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A; Watch: amenities F, commute F, health & safety 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: 705 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 ($67k/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 $1k of loan paydown is wiped out by about $5k 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 $46k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $135k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,525 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-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?
3. 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.
4. 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.
5. 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: 1.32% ✓
• Cap rate: 11.65%
• Cash-on-cash: 19.12%
• DSCR: 1.85
• GRM: 6.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 11.0%
• Equity multiple: 1.43×
• Total profit: $20,080
• Equity at exit: $24,602

10-year hold

• IRR: 20.0%
• Equity multiple: 2.68×
• Total profit: $77,588
• Equity at exit: $14,266

Cash invested: $46,200 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 705
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,173 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$46 /mo · $555/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$456
• Net cashflow: $736

Break-even live

Break-even rent $1,241

Max offer price $165,000

Occupancy floor 61%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13421 SE 92nd Court Rd Summerfield, FL	2.0	2.0	1374	$1,800	$1.31	21d	1	0.76mi
9375 SE 134th St Summerfield, FL	2.0	2.0	1284	$2,300	$1.79	21d	1	0.85mi
16152 SE 77th Ct Summerfield, FL	1.0–3.0	1.0–2.0	1140	$2,185	$1.92	13d	15	1.50mi

Listing history 29 events

1. 2026-06-18
   days on market $165,000 Active 25 DOM
2. 2026-06-17
   days on market $165,000 Active 24 DOM
3. 2026-06-16
   days on market $165,000 Active 23 DOM
4. 2026-06-15
   days on market $165,000 Active 22 DOM
5. 2026-06-14
   days on market $165,000 Active 20 DOM
6. 2026-06-13
   days on market $165,000 Active 19 DOM
7. 2026-06-10
   days on market $165,000 Active 17 DOM
8. 2026-06-09
   days on market $165,000 Active 16 DOM
9. 2026-06-08
   days on market $165,000 Active 15 DOM
10. 2026-06-07
    days on market $165,000 Active 14 DOM
11. 2026-06-03
    days on market $165,000 Active 10 DOM
12. 2026-06-02
    days on market $165,000 Active 9 DOM
13. 2026-06-01
    days on market $165,000 Active 8 DOM
14. 2026-05-31
    days on market $165,000 Active 7 DOM
15. 2026-05-30
    days on market $165,000 Active 6 DOM
16. 2026-05-24
    listed $165,000 Active
17. 2022-11-23
    soldstatus $134,900
18. 2022-11-22
    soldstatus $134,900 Closed 337-char remark

    Show marketing remark (337 chars)

    Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

19. 2022-11-03
    status Pending 337-char remark

    Show marketing remark (337 chars)

    Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

20. 2022-10-23
    status Active 337-char remark

    Show marketing remark (337 chars)

    Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

21. 2022-10-13
    status Pending 337-char remark

    Show marketing remark (337 chars)

    Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

22. 2022-10-06
    listed $134,900 Active 337-char remark

    Show marketing remark (337 chars)

    Beautifully remodeled 1998 single wide mobile home on just under a 1/4 acre in desirable Summerfield. Located just minutes from The Villages, major shopping hubs and entertainment without the amenity fees. New granite counter tops and laminate floors. Located on a paved road and fenced. Bring your personal touches and make it your own!

23. 2007-10-12
    soldstatus $27,000
24. 2006-08-08
    soldstatus $16,900 100-char remark

    Show marketing remark (100 chars)

    SINGLEWIDE MOBILE HOME ON PROPERTY IN VERY POOR CONDITION. (TITLE UNAVAILABLE) CORNER LOT WITH SHED.

25. 2005-11-18
    listed $16,900 100-char remark

    Show marketing remark (100 chars)

    SINGLEWIDE MOBILE HOME ON PROPERTY IN VERY POOR CONDITION. (TITLE UNAVAILABLE) CORNER LOT WITH SHED.

26. 2005-02-16
    historical
27. 2004-04-01
    listed $21,500
28. 1987-11-01
    soldstatus $9,000
29. 1987-06-01
    soldstatus $10,000

ⓘ 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: $555 · $46/mo
• Projected year-2 tax: $1,370 · $114/mo
• Expected delta: +$815/yr (+$68/mo · 146.9%)

ⓘ 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 9/10 Extreme 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,071
• − Mortgage interest: −$9,243
• − Property taxes: −$555
• − Insurance: −$825
• − Repairs & maintenance: −$2,086
• − Management: −$2,086
• − Depreciation: −$4,800
• Taxable income: $6,478
• Est. tax owed @ 24.0%: −$1,555
• After-tax cash flow: $7,279/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 — The Villages

• Score: 70/100
• State rank: #431
• US rank: #7363

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 83,973
• 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

+1550.0% since first listed

14 events — show timeline

• 2026-05-24 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-23 Sold (Public Records) $134,900 Public Records
• 2022-11-22 Sold (MLS) $134,900 Stellar MLS as Distributed by MLS Grid
• 2022-11-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-10-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-06 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2007-10-12 Sold (Public Records) $27,000 Public Records
• 2006-08-08 Sold (MLS) $16,900 Stellar MLS as Distributed by MLS Grid
• 2005-11-18 Listed $16,900 Stellar MLS as Distributed by MLS Grid
• 2005-02-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-04-01 Listed $21,500 Stellar MLS as Distributed by MLS Grid
• 1987-11-01 Sold (Public Records) $9,000 Public Records
• 1987-06-01 Sold (Public Records) $10,000 Public Records

Property tax history

-3.4%/yr

Latest (2025): $555 · +67.4% YoY. Source: county tax records.