2811 SW Archer Rd #190 · Gainesville, FL 32608

$95,000

2 bd · 2.0 ba · 1,226 sqft · Condo · 728 Days on market

Built 1985 Average condition $409/mo HOA · 25% of rent

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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 +26.3/30.0
• 1% rule +10.0/10.0
• DSCR +8.9/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

Key facts

• $409 HOA
• Community pool
• Built 1985

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $95k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $245 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 81/100 on livability (#97 in FL, #1,480 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.9%/yr); 594 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).
• This rent runs 32% of the median local income ($62k/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 $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $27k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 728 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask is 7% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 25% of rent.

Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 728 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.75% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.05%
• DSCR: 1.49
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.89% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $300
• Equity at exit: $14,165

10-year hold

• IRR: 10.0%
• Equity multiple: 1.78×
• Total profit: $20,721
• Equity at exit: $8,214

Cash invested: $26,600 (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 32608

• Rents YoY: 2.9%
• Active inventory: 594
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,659 medium
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$409
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $245

Break-even live

Break-even rent $1,349

Max offer price $95,000

Occupancy floor 80%

Sensitivity live

Price	-10% $311	-5% $278	+0% $245	+5% $212	+10% $179
Rent	-10% $114	-5% $179	+0% $245	+5% $310	+10% $376
Rate	-1.0pp $293	-0.5pp $269	base $245	+0.5pp $220	+1.0pp $195

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4455 SW 34th St Gainesville, FL	1.0–3.0	1.0–3.0	1033	$1,830	$1.77	14d	28	1.20mi

HOA detail condo

• Monthly dues: $409 · $4,908/yr
• Likely covers: watersewertrashinternetexterior maint.pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $95,000 Active 728 DOM
2. 2026-06-17
   days on market $95,000 Active 727 DOM
3. 2026-06-16
   days on market $95,000 Active 726 DOM
4. 2026-06-15
   days on market $95,000 Active 725 DOM
5. 2026-06-14
   days on market $95,000 Active 723 DOM
6. 2026-06-13
   days on market $95,000 Active 722 DOM
7. 2026-06-10
   days on market $95,000 Active 720 DOM
8. 2026-06-09
   days on market $95,000 Active 719 DOM
9. 2026-06-08
   days on market $95,000 Active 718 DOM
10. 2026-06-07
    days on market $95,000 Active 717 DOM
11. 2026-06-05
    days on market $95,000 Active 714 DOM
12. 2026-06-03
    days on market $95,000 Active 713 DOM
13. 2026-06-02
    days on market $95,000 Active 712 DOM
14. 2026-06-01
    days on market $95,000 Active 711 DOM
15. 2026-05-31
    days on market $95,000 Active 710 DOM
16. 2026-05-30
    days on market $95,000 Active 709 DOM
17. 2026-01-19
    status Active 921-char remark

    Show marketing remark (921 chars)

    Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

18. 2026-01-12
    status Pending 921-char remark

    Show marketing remark (921 chars)

    Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

19. 2025-08-29
    price $95,000 921-char remark

    Show marketing remark (921 chars)

    Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

20. 2024-12-30
    price $98,000 921-char remark

    Show marketing remark (921 chars)

    Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

21. 2024-06-13
    listed $89,000 Active 921-char remark

    Show marketing remark (921 chars)

    Spacious, clean, 2-bedroom and 2-bathroom unit sits on the upper floor. A stable occupying tenant is in place to bring you CASH-FLOW IMMEDIATELY. Current lease is $1,200/month through July 31st, 2026. Carpets in bedrooms and laminate flooring in the living room. New HVAC and refrigerator were replaced in 2023. Interior walls painted in 2022. A sliding glass doors lead to a large open balcony on the back with a storage room. This community is near bus routes and has on-site property management. The facilities include a clubhouse, pool, laundry facility & basketball court. Desirable HOA fee covers fiber optics internet, water, sewer, trash costs, pest control & exterior maintenance, and exterior insurance. Call soon to check out this affordable purchase and put yourself to live in a super convenient location only minutes away from Shands & VA hospital, UF campus, restaurants & shopping.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,906
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,592
• − Management: −$1,592
• − HOA: −$4,908
• − Depreciation: −$2,764
• Taxable income: $1,828
• Est. tax owed @ 24.0%: −$439
• After-tax cash flow: $2,501/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.

Condition & rehab AI · 12 photos

Average 55/100 Cosmetic rehab

A clean, 2-bedroom, 2-bathroom unit with cosmetic updates needed to enhance its resale and rental value.

Repairs flagged

• Moderate kitchen cabinets — dated and worn
• Moderate bathroom fixtures — dated and worn
• Moderate kitchen countertops — dated and worn

Value-add opportunities

• Both paint interior walls — enhances curb appeal and interior aesthetics
• Both replace kitchen cabinets — modernizes the kitchen and increases appeal
• Both replace bathroom fixtures — modernizes the bathrooms and increases appeal
• Both replace kitchen countertops — modernizes the kitchen and increases appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and worn	Moderate	$3,000–15,000
bathroom fixtures · dated and worn	Moderate	$3,000–15,000
kitchen countertops · dated and worn	Moderate	$3,000–15,000
Total estimated repair cost · 3 items		$9,000–45,000

Value-add ROI direction

• Both paint interior walls — enhances curb appeal and interior aesthetics ↑
• Both replace kitchen cabinets — modernizes the kitchen and increases appeal ↑
• Both replace bathroom fixtures — modernizes the bathrooms and increases appeal ↑
• Both replace kitchen countertops — modernizes the kitchen and increases appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Gainesville

• Score: 81/100
• State rank: #97
• US rank: #1480

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gainesville, FL
• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 54,566
• Household income: $61,588
• Rent vs Own: 58.7% rent · 41.3% own
• Severe rent burden: 4709.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 16% Black 13% Asian 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4%
• Common ancestry: Slovak 2% Italian 2% Romanian 2%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.91%
• Current HPI: 253.0629
• Rent YoY: ▲ 2.89%
• Metro: Gainesville, 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

+6.7% since first listed

5 events — show timeline

• 2026-01-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-08-29 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-30 Price Changed $98,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-13 Listed $89,000 Stellar MLS as Distributed by MLS Grid