5910 SW 63rd Place Rd · Ocala, FL 34474

$154,900

2 bd · 2.0 ba · 840 sqft · Manufactured public records · 604 Days on market

Built 1978 0.26 ac lot $184/sqft · 167% above area

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Why this score? — see what drove the C 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 +24.8/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• 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

Fantastic location only minutes from WEC or downtown Ocala area, this completely remodeled mobile home is perfect for a starter or a second vacation home. Large attached carport with a screened in patio area gives you a quiet area for relaxing as well as coverage for your car. Privacy fencing surrounds the house. Plank flooring throughout the home, led lighting throughout, freshly painted interior. Bathroom showers have been tiled, vanities replaced and owners bath features a large garden tub with shower head as well as a separate walk-in shower. Stylish modern kitchen has a glass backsplash, stainless appliances, plenty of cabinet and counter space. HVAC replaced in 2022. Great way to enjoy the Florida lifestyle right now.

Key facts

• 0.26 acre lot
• Parking
• Built 1978

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $326 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% 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: Saddlewood Elementary School (math 62% / reading 54%, grade C+, #751 of 2,144 statewide, top 36%, 917 students, 58% FRL); Liberty Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,365 students, 54% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL).
• Market conditions: Rents flat; 299 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 31% of the median local income ($65k/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.

Negotiation context

• It's been on market 604 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 20y 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 $75k; list at $155k implies a 107% 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; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 604 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.09% ✓
• Cap rate: 8.82%
• Cash-on-cash: 9.02%
• DSCR: 1.40
• GRM: 7.6

CMA / ARV

• ARV (median comp): $58,074
• List price: $154,900
• Delta: 166.73%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5731 SW 64th Lane Rd	0.17mi	2/1.5	777 (-8%)	6mo	$36,500	$47	72
5701 SW 64th Lane Rd	0.20mi	2/2.5	720 (-14%)	2mo	$80,000	$111	63

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 · 0.12% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.79×
• Total profit: $-9,116
• Equity at exit: $23,096

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $310
• Equity at exit: $13,393

Cash invested: $43,372 (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 34474

• Home prices YoY: -28.4%
• Rents YoY: 0.1%
• Active inventory: 299
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,688 medium
• Mortgage (P&I): −$812
• Tax from tax record: −$131 /mo · $1,573/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $326

Break-even live

Break-even rent $1,276

Max offer price $154,900

Occupancy floor 76%

Sensitivity live

Price	-10% $414	-5% $370	+0% $326	+5% $282	+10% $238
Rent	-10% $192	-5% $259	+0% $326	+5% $393	+10% $459
Rate	-1.0pp $404	-0.5pp $365	base $326	+0.5pp $286	+1.0pp $245

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5101 SW 60th Street Rd Ocala, FL	1.0–3.0	1.0–2.0	1228	$1,713	$1.39	15d	28	0.77mi
4820 SW 48th Ave Ocala, FL	1.0–3.0	1.0–2.0	1149	$1,864	$1.62	15d	34	1.34mi
5697 SW 49th Rd Ocala, FL	1.0–3.0	1.0–2.0	1016	$1,619	$1.59	15d	17	1.38mi

Listing history 34 events

1. 2026-06-22
   days on market $154,900 Active 604 DOM
2. 2026-06-18
   days on market $154,900 Active 601 DOM
3. 2026-06-17
   days on market $154,900 Active 600 DOM
4. 2026-06-16
   days on market $154,900 Active 599 DOM
5. 2026-06-15
   days on market $154,900 Active 598 DOM
6. 2026-06-14
   days on market $154,900 Active 596 DOM
7. 2026-06-13
   days on market $154,900 Active 595 DOM
8. 2026-06-10
   days on market $154,900 Active 593 DOM
9. 2026-06-09
   days on market $154,900 Active 592 DOM
10. 2026-06-08
    days on market $154,900 Active 591 DOM
11. 2026-06-07
    days on market $154,900 Active 590 DOM
12. 2026-06-03
    days on market $154,900 Active 586 DOM
13. 2026-06-02
    days on market $154,900 Active 585 DOM
14. 2026-05-31
    days on market $154,900 Active 583 DOM
15. 2026-05-30
    days on market $154,900 Active 582 DOM
16. 2024-10-25
    listed $154,900 Active 733-char remark

    Show marketing remark (733 chars)

    Fantastic location only minutes from WEC or downtown Ocala area, this completely remodeled mobile home is perfect for a starter or a second vacation home. Large attached carport with a screened in patio area gives you a quiet area for relaxing as well as coverage for your car. Privacy fencing surrounds the house. Plank flooring throughout the home, led lighting throughout, freshly painted interior. Bathroom showers have been tiled, vanities replaced and owners bath features a large garden tub with shower head as well as a separate walk-in shower. Stylish modern kitchen has a glass backsplash, stainless appliances, plenty of cabinet and counter space. HVAC replaced in 2022. Great way to enjoy the Florida lifestyle right now.

17. 2024-04-08
    historical
18. 2023-12-19
    status Active
19. 2023-12-19
    price $169,900
20. 2023-10-16
    status Active
21. 2023-10-16
    price $154,000
22. 2023-09-11
    status Pending
23. 2023-06-09
    listed $169,000 Active
24. 2023-03-17
    soldstatus $75,000
25. 2023-03-10
    soldstatus $75,000 Closed
26. 2023-02-14
    status Pending
27. 2023-02-02
    listed $78,000 Active
28. 2006-11-03
    soldstatus $57,000
29. 2006-11-01
    soldstatus $57,000
30. 2006-10-16
    listed $57,900
31. 2006-07-24
    soldstatus $44,000
32. 2006-05-02
    listed $49,900
33. 1990-01-01
    soldstatus $17,000
34. 1982-03-01
    soldstatus $8,900

ⓘ 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: $1,573 · $131/mo
• Projected year-2 tax: $1,573 · $131/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 5/10 Major
• 🌡 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,261
• − Mortgage interest: −$8,677
• − Property taxes: −$1,573
• − Insurance: −$774
• − Repairs & maintenance: −$1,621
• − Management: −$1,621
• − Depreciation: −$4,506
• Taxable income: $1,488
• Est. tax owed @ 24.0%: −$357
• After-tax cash flow: $3,553/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

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 20,258
• Household income: $65,291
• Rent vs Own: 55.8% rent · 44.2% own
• Severe rent burden: 1062.0

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 0.64)
• Race & ethnicity: White 52% Hispanic / Latino 25% Black 13% Two or more races 8% Asian 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 21% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 22% Other Indo-European 4% Vietnamese 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: ▼ -78.16%
• Current HPI: 196.5607
• Rent YoY: ▲ 0.12%
• 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

+1640.4% since first listed

19 events — show timeline

• 2024-10-25 Listed $154,900 Stellar MLS as Distributed by MLS Grid
• 2024-04-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-12-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-12-19 Price Changed $169,900 Stellar MLS as Distributed by MLS Grid
• 2023-10-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-10-16 Price Changed $154,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-06-09 Listed $169,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-17 Sold (Public Records) $75,000 Public Records
• 2023-03-10 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-02 Listed $78,000 Stellar MLS as Distributed by MLS Grid
• 2006-11-03 Sold (MLS) $57,000 Stellar MLS as Distributed by MLS Grid
• 2006-11-01 Sold (Public Records) $57,000 Public Records
• 2006-10-16 Listed $57,900 Stellar MLS as Distributed by MLS Grid
• 2006-07-24 Sold (MLS) $44,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-02 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 1990-01-01 Sold (Public Records) $17,000 Public Records
• 1982-03-01 Sold (Public Records) $8,900 Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,573 · +14.4% YoY. Source: county tax records.