1401 NW 20th Ave · Ocala, FL 34475

$110,000

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 53 Days on market

Built 1965 8,276 sqft lot $127/sqft · 17% below area Est $132k · 17% under

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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 +29.3/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• 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

Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

Key facts

• Fully renovated
• New water heater
• New ac

Tags

• TURNKEY INVESTMENT OPPORTUNITY
• FULLY RENOVATED
• NEW ROOF
• NEW AC
• NEW WATER HEATER
• CORNER LOT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.5% 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.
• Market conditions: 199 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• At $1,425/mo this rent would consume 57% of the median local household income ($30k/yr) (locally 923% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k 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 53 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $95k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $106,700 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.30% ✓
• Cap rate: 10.51%
• Cash-on-cash: 15.07%
• DSCR: 1.67
• GRM: 6.4

CMA / ARV

• ARV (median comp): $132,500
• List price: $110,000
• Delta: -16.98%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -0.9%
• Equity multiple: 0.96×
• Total profit: $-1,080
• Equity at exit: $16,401

10-year hold

• IRR: 8.8%
• Equity multiple: 1.68×
• Total profit: $20,858
• Equity at exit: $9,511

Cash invested: $30,800 (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 34475

• Home prices YoY: -8.0%
• Active inventory: 199
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,425 high
• Mortgage (P&I): −$577
• Tax from tax record: −$116 /mo · $1,393/yr
• Insurance: −$46
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $262

Break-even live

Break-even rent $1,094

Max offer price $110,000

Occupancy floor 77%

Sensitivity live

Price	-10% $324	-5% $293	+0% $262	+5% $230	+10% $199
Rent	-10% $149	-5% $205	+0% $262	+5% $318	+10% $374
Rate	-1.0pp $317	-0.5pp $290	base $262	+0.5pp $233	+1.0pp $204

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1908 NW 13th Pl Ocala, FL	3.0	1.0	1000	$1,325	$1.32	21d	1	0.12mi
2150 NW 21st Ave Ocala, FL	3.0	1.0–3.0	933	$2,109	$2.26	14d	10	0.56mi
1911 NW 6th St Ocala, FL	3.0	1.0	877	$1,400	$1.60	14d	1	0.61mi
12 NW 16th Ct Ocala, FL	2.0	1.0	576	$1,050	$1.82	21d	1	1.02mi
2305 SW 2nd St Unit A Ocala, FL	2.0	1.0	676	$1,175	$1.74	21d	1	1.14mi
1809 SW 3rd St Ocala, FL	2.0	1.0	600	$1,025	$1.71	14d	1	1.17mi
717 W Silver Springs Pl Ocala, FL	3.0	2.0	1000	$1,445	$1.45	14d	1	1.21mi
2006 SW 7th St Ocala, FL	2.0	1.0	700	$1,050	$1.50	21d	1	1.44mi
708 SW 20th Ave Ocala, FL	2.0	1.0	700	$999	$1.43	21d	1	1.44mi
101 NW 23rd Pl Ocala, FL	2.0	1.0	716	$1,150	$1.61	14d	1	1.48mi

Listing history 14 events

1. 2026-05-18
   price $110,000 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

2. 2026-04-27
   status Active 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

3. 2026-03-23
   status Pending 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

4. 2026-03-09
   status Active 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

5. 2026-03-09
   price $120,000 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

6. 2026-02-26
   status Pending 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

7. 2026-02-12
   listed $125,000 Active 768-char remark

   Show marketing remark (768 chars)

   Investment Flip Opportunity in Ocala! Calling all investors and rehab specialists — this property presents a strong value-add opportunity in a growing Ocala market. Situated on a desirable corner lot in an established neighborhood with consistent rental demand, the location supports excellent resale potential after renovation. The home features a new roof, providing a solid starting point for your improvement plans. With the major exterior component already addressed, investors can focus on interior updates and cosmetic enhancements to maximize after-repair value. Conveniently located near schools, shopping, and major employment centers, this property offers strong upside potential for a fix-and-flip or future repositioning strategy. Being sold as-is.

8. 2025-06-09
   soldstatus $95,000
9. 2025-06-05
   soldstatus $95,000 Closed 254-char remark

   Show marketing remark (254 chars)

   Charming 3-bedroom, 1-bath located just minutes from downtown Ocala. The interior features a functional layout with comfortable living spaces. The home is currently rented. Don’t miss out on this well-maintained home in a highly desirable location!

10. 2025-05-28
    status Pending 254-char remark

    Show marketing remark (254 chars)

    Charming 3-bedroom, 1-bath located just minutes from downtown Ocala. The interior features a functional layout with comfortable living spaces. The home is currently rented. Don’t miss out on this well-maintained home in a highly desirable location!

11. 2025-04-28
    price $104,500 254-char remark

    Show marketing remark (254 chars)

    Charming 3-bedroom, 1-bath located just minutes from downtown Ocala. The interior features a functional layout with comfortable living spaces. The home is currently rented. Don’t miss out on this well-maintained home in a highly desirable location!

12. 2025-04-22
    listed $109,900 Active 254-char remark

    Show marketing remark (254 chars)

    Charming 3-bedroom, 1-bath located just minutes from downtown Ocala. The interior features a functional layout with comfortable living spaces. The home is currently rented. Don’t miss out on this well-maintained home in a highly desirable location!

13. 2016-07-29
    historical
14. 2016-04-05
    listed $45,900

ⓘ 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: $1,393 · $116/mo
• Projected year-2 tax: $1,393 · $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 6/10 Major FEMA zone A · 70% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 22 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,097
• − Mortgage interest: −$6,162
• − Property taxes: −$1,393
• − Insurance: −$2,052
• − Repairs & maintenance: −$1,368
• − Management: −$1,368
• − Depreciation: −$3,200
• Taxable income: $1,554
• Est. tax owed @ 24.0%: −$373
• After-tax cash flow: $2,766/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 — 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

• Census place: Ocala, FL
• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 14,301
• Household income: $30,174
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 923.0

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: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 44% White 30% Hispanic / Latino 19% Two or more races 11%
• Hispanic origin (detail): Mexican 1% Puerto Rican 8% Cuban 3%
• Common ancestry: Serbian 2% Hispanic 1% Lithuanian 1%
• Foreign-born: 8% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 13% French/Haitian/Cajun 2%

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: ▼ -22.26%
• Current HPI: 254.6319
• 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

+139.7% since first listed

14 events — show timeline

• 2026-05-18 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-27 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-12 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-09 Sold (Public Records) $95,000 Public Records
• 2025-06-05 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-04-28 Price Changed $104,500 Stellar MLS as Distributed by MLS Grid
• 2025-04-22 Listed $109,900 Stellar MLS as Distributed by MLS Grid
• 2016-07-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-04-05 Listed $45,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+10.4%/yr

Latest (2025): $1,393 · +15.7% YoY. Source: county tax records.