901 NE 11th Ave · Trenton, FL 32693

$94,900

3 bd · 2.0 ba · 924 sqft · Manufactured public records · 33 Days on market

Built 1994 7,841 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
• Appreciation +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Cozy 2 bedroom/2 bathroom located in the heart of Trenton Florida. Right in the city limits making this home extremely convenient to local dining, shopping and medical needs. Very easy commute to Gainesville Florida being not too far from SR 26. This home has been well taken care of and is in move in ready condition. Located a short drive to several local freshwater springs and the Suwannee River this home would make the perfect short term rental, forever home or seasonal home. NO HOA , no restrictions . Call today for YOUR tour!

Key facts

• No restrictions
• Move in ready
• No hoa

Tags

• MOVE IN READY
• NO HOA
• NO RESTRICTIONS

Property features AI

Finance

• Other: Lot about 0.18 acres (approximately 0 to less than 1/4 acre); Directions provided to property
• Financial info: Annual taxes reported

Exterior

• Utilities: Public water; Public sewer; Electricity connected
• Home design: Residential manufactured home; Single wide; One level; Northeast facing; Homesteaded
• Construction: Vinyl siding; Metal roof; Crawlspace foundation; Built area approximately 924 sq ft
• Exterior features: Private mailbox; Concrete and paved road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Solid surface counters; Solid wood cabinets; Split bedroom floor plan; Thermostat
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $393 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $92k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.3% vs local median 4.9% in Trenton — 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 77/100 on livability (#207 in FL, #3,078 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Gilchrist (rural): math 66% / reading 61% proficiency, ranked #9 of 73 in FL (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 199 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 94 units permitted in Gilchrist County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($656 loan paydown + $9k appreciation (10.0% local appreciation)).
• Gilchrist County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $60k; list at $95k implies a 58% 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; major wildfire risk; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,053 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-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?
4. 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.
5. 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.
6. 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: 11.26%
• Cash-on-cash: 17.73%
• DSCR: 1.79
• GRM: 6.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.4%
• Equity multiple: 3.89×
• Total profit: $76,669
• Equity at exit: $85,493

10-year hold

• IRR: 32.2%
• Equity multiple: 8.76×
• Total profit: $206,079
• Equity at exit: $184,370

Cash invested: $26,572 (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 32693

• Home prices YoY: 14.8%
• Active inventory: 199
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,250 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$58 /mo · $693/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $393

Break-even live

Break-even rent $753

Max offer price $94,900

Occupancy floor 64%

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1102 NE 16th Ave Trenton, FL	3.0	2.0	1056	$1,250	$1.18	13d	1	0.27mi

Listing history 29 events

1. 2026-06-18
   days on market $94,900 Active 33 DOM
2. 2026-06-17
   days on market $94,900 Active 32 DOM
3. 2026-06-16
   days on market $94,900 Active 31 DOM
4. 2026-06-15
   days on market $94,900 Active 30 DOM
5. 2026-06-14
   days on market $94,900 Active 28 DOM
6. 2026-06-13
   days on market $94,900 Active 27 DOM
7. 2026-06-10
   days on market $94,900 Active 25 DOM
8. 2026-06-09
   days on market $94,900 Active 24 DOM
9. 2026-06-08
   days on market $94,900 Active 23 DOM
10. 2026-06-07
    days on market $94,900 Active 22 DOM
11. 2026-06-05
    days on market $94,900 Active 19 DOM
12. 2026-06-02
    days on market $94,900 Active 17 DOM
13. 2026-06-01
    days on market $94,900 Active 16 DOM
14. 2026-05-31
    days on market $94,900 Active 15 DOM
15. 2026-05-30
    days on market $94,900 Active 14 DOM
16. 2026-05-16
    listed $94,900 Active 535-char remark
17. 2026-05-15
    listed $94,900 Active 535-char remark

    Show marketing remark (535 chars)

    Cozy 2 bedroom/2 bathroom located in the heart of Trenton Florida. Right in the city limits making this home extremely convenient to local dining, shopping and medical needs. Very easy commute to Gainesville Florida being not too far from SR 26. This home has been well taken care of and is in move in ready condition. Located a short drive to several local freshwater springs and the Suwannee River this home would make the perfect short term rental, forever home or seasonal home. NO HOA , no restrictions . Call today for YOUR tour!

18. 2026-02-02
    historical
19. 2025-10-27
    price $94,900
20. 2025-10-27
    price $94,900
21. 2025-09-29
    listed $99,900 Active
22. 2025-09-28
    listed $99,900 Active
23. 2023-08-11
    soldstatus $60,000
24. 2019-12-11
    soldstatus $301,800
25. 2009-09-23
    soldstatus $301,800
26. 2007-10-01
    soldstatus $295,000
27. 2003-05-15
    soldstatus $18,000
28. 1994-09-28
    soldstatus $13,000
29. 1993-04-18
    soldstatus $18,000

ⓘ 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: $693 · $58/mo
• Projected year-2 tax: $788 · $66/mo
• Expected delta: +$95/yr (+$8/mo · 13.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 18 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,000
• − Mortgage interest: −$5,316
• − Property taxes: −$693
• − Insurance: −$474
• − Repairs & maintenance: −$1,200
• − Management: −$1,200
• − Depreciation: −$2,761
• Taxable income: $3,356
• Est. tax owed @ 24.0%: −$805
• After-tax cash flow: $3,905/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: Gilchrist
• NCES district ID: 1200630
• Math proficiency: 66% ▼ -4.00%
• Reading proficiency: 61% ▼ -5.00%
• Median HH income: $39,610
• Composite: 53.01/100
• National rank: #1522
• State rank: #9 of 73 in FL

Livability — Trenton

• Score: 77/100
• State rank: #207
• US rank: #3078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Trenton, FL
• Population (ZIP): 11,692

Population outlook (Gilchrist County) Hauer SSP2

• Today (2025): 17,730 people
• By 2030: 17,722 · +-0.0%
• By 2040: 17,393 · -1.9%
• By 2050: 16,597 · -6.4%
• By 2075: 14,300 · -19.3%
• By 2100: 11,498 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Two or more races 7% Black 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 5%

Political lean MEDSL · Gilchrist

• 2024 margin: Solid R (+68.0) · D 15.6% · R 83.6%
• 2008→2024 swing: -21.2pp toward R · 2008: -46.8pp · 2024: -68.0pp
• All cycles: 2024: R+68.0 2020: R+64.0 2016: R+62.8 2012: R+51.0 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 46.81%
• Current HPI: 363.4299
• Rent YoY: —
• Metro: —
• 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

+427.2% since first listed

14 events — show timeline

• 2026-05-16 Listed $94,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-15 Listed $94,900 DGLMLS
• 2026-02-02 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-27 Price Changed $94,900 DGLMLS
• 2025-10-27 Price Changed $94,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-29 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-28 Listed $99,900 DGLMLS
• 2023-08-11 Sold (Public Records) $60,000 Public Records
• 2019-12-11 Sold (Public Records) $301,800 Public Records
• 2009-09-23 Sold (Public Records) $301,800 Public Records
• 2007-10-01 Sold (Public Records) $295,000 Public Records
• 2003-05-15 Sold (Public Records) $18,000 Public Records
• 1994-09-28 Sold (Public Records) $13,000 Public Records
• 1993-04-18 Sold (Public Records) $18,000 Public Records

Property tax history

+16.5%/yr

Latest (2025): $693 · +4.2% YoY. Source: county tax records.