7670 SE 22nd Ave · Ocala, FL 34480

$240,900

3 bd · 2.0 ba · 2,059 sqft · SingleFamily public records · 177 Days on market

Built 1979 1.00 ac lot $117/sqft · 20% below area Est $301k · 20% under

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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).

• ARV discount +15.0/15.0
• Cash flow +14.5/30.0
• DSCR +4.4/10.0
• 1% rule +3.9/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICED TO MOVE - This home sits close to many of Marion County’s stunning natural features, from miles of moss-draped tree canopies to bike and horse trails, horse farms, and the serene Paradise Springs. It offers four bedrooms and a spacious open living and dining area with a cozy fireplace. Freshly painted throughout, it boasts new tile floors from the kitchen to the laundry room, stainless-steel appliances, cabinets, and counters in the galley kitchen. The bright breakfast area, with access to the backyard, sits just off the inside laundry room. With major updates already started, the new owner has a clean fresh slate to add their personal choices to the bathrooms and remaining flooring. A large versatile room at the back of the home, filled with natural light and backyard access, can serve as an office, a family room, game room, sunroom, or sewing room—the possibilities are endless. The shaded backyard features mature pine, oak, and citrus trees and is partially fenced.

Key facts

• Galley kitchen
• Inside laundry room
• Spacious living room

Tags

• BIKE AND HORSE TRAILS
• SPACIOUS LIVING ROOM
• GALLEY KITCHEN
• NEW STAINLESS STEEL APPLIANCES
• INSIDE LAUNDRY ROOM
• LARGE OPEN GATHERING ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $241k.

Deal economics

• At list price, monthly cash flow is $52 ($625/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $215k (10.6% below list).
• Recommended offer: $212k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.6% 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: Shady Hill Elementary School (math 69% / reading 53%, grade B, #653 of 2,144 statewide, top 31%, 643 students, 56% FRL); Belleview Middle School (math 49% / reading 50%, grade C, #259 of 571 statewide, top 46%, 1,573 students, 60% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: Rents rising (+2.8%/yr); 350 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 33% of the median local income ($78k/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 $2k of loan paydown is wiped out by about $7k 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 177 days — a 12% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 19y ago; this cycle's ask has dropped $66k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $211,992 (12.0% below list)

Questions for the listing agent

1. It's been on market 177 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 1979 — 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: 0.89% ✗
• Cap rate: 6.55%
• Cash-on-cash: 0.93%
• DSCR: 1.04
• GRM: 9.3

CMA / ARV

• ARV (median comp): $301,100
• List price: $240,900
• Delta: -19.99%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.84% rent growth · sell at horizon

5-year hold

• IRR: -15.0%
• Equity multiple: 0.47×
• Total profit: $-36,044
• Equity at exit: $35,919

10-year hold

• IRR: -6.6%
• Equity multiple: 0.58×
• Total profit: $-28,441
• Equity at exit: $20,829

Cash invested: $67,452 (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 34480

• Home prices YoY: -28.7%
• Rents YoY: 2.8%
• Active inventory: 350
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,154 medium
• Mortgage (P&I): −$1,263
• Tax from tax record: −$286 /mo · $3,428/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $52

Break-even live

Break-even rent $2,088

Max offer price $240,900

Occupancy floor 93%

Sensitivity live

Price	-10% $188	-5% $120	+0% $52	+5% $-16	+10% $-84
Rent	-10% $-118	-5% $-33	+0% $52	+5% $137	+10% $222
Rate	-1.0pp $173	-0.5pp $113	base $52	+0.5pp $-10	+1.0pp $-74

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: $60,225
• Closing costs: $7,227
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8930 SE 17th Ct Ocala, FL	4.0	2.0	2774	$3,700	$1.33	22d	1	1.24mi

Listing history 11 events

1. 2026-06-07
   statusdays on market $240,900 Pending 177 DOM
2. 2026-06-03
   days on market $240,900 Active 176 DOM
3. 2026-06-02
   days on market $240,900 Active 175 DOM
4. 2026-05-31
   days on market $240,900 Active 173 DOM
5. 2026-05-30
   days on market $240,900 Active 172 DOM
6. 2026-04-23
   price $255,900 1000-char remark

   Show marketing remark (1000 chars)

   PRICED TO MOVE - This home sits close to many of Marion County’s stunning natural features, from miles of moss-draped tree canopies to bike and horse trails, horse farms, and the serene Paradise Springs. It offers four bedrooms and a spacious open living and dining area with a cozy fireplace. Freshly painted throughout, it boasts new tile floors from the kitchen to the laundry room, stainless-steel appliances, cabinets, and counters in the galley kitchen. The bright breakfast area, with access to the backyard, sits just off the inside laundry room. With major updates already started, the new owner has a clean fresh slate to add their personal choices to the bathrooms and remaining flooring. A large versatile room at the back of the home, filled with natural light and backyard access, can serve as an office, a family room, game room, sunroom, or sewing room—the possibilities are endless. The shaded backyard features mature pine, oak, and citrus trees and is partially fenced.

7. 2026-03-02
   price $289,900 1000-char remark

   Show marketing remark (1000 chars)

   PRICED TO MOVE - This home sits close to many of Marion County’s stunning natural features, from miles of moss-draped tree canopies to bike and horse trails, horse farms, and the serene Paradise Springs. It offers four bedrooms and a spacious open living and dining area with a cozy fireplace. Freshly painted throughout, it boasts new tile floors from the kitchen to the laundry room, stainless-steel appliances, cabinets, and counters in the galley kitchen. The bright breakfast area, with access to the backyard, sits just off the inside laundry room. With major updates already started, the new owner has a clean fresh slate to add their personal choices to the bathrooms and remaining flooring. A large versatile room at the back of the home, filled with natural light and backyard access, can serve as an office, a family room, game room, sunroom, or sewing room—the possibilities are endless. The shaded backyard features mature pine, oak, and citrus trees and is partially fenced.

8. 2026-01-06
   price $302,000 1000-char remark

   Show marketing remark (1000 chars)

   PRICED TO MOVE - This home sits close to many of Marion County’s stunning natural features, from miles of moss-draped tree canopies to bike and horse trails, horse farms, and the serene Paradise Springs. It offers four bedrooms and a spacious open living and dining area with a cozy fireplace. Freshly painted throughout, it boasts new tile floors from the kitchen to the laundry room, stainless-steel appliances, cabinets, and counters in the galley kitchen. The bright breakfast area, with access to the backyard, sits just off the inside laundry room. With major updates already started, the new owner has a clean fresh slate to add their personal choices to the bathrooms and remaining flooring. A large versatile room at the back of the home, filled with natural light and backyard access, can serve as an office, a family room, game room, sunroom, or sewing room—the possibilities are endless. The shaded backyard features mature pine, oak, and citrus trees and is partially fenced.

9. 2025-12-09
   listed $307,000 Active 1000-char remark

   Show marketing remark (1000 chars)

   PRICED TO MOVE - This home sits close to many of Marion County’s stunning natural features, from miles of moss-draped tree canopies to bike and horse trails, horse farms, and the serene Paradise Springs. It offers four bedrooms and a spacious open living and dining area with a cozy fireplace. Freshly painted throughout, it boasts new tile floors from the kitchen to the laundry room, stainless-steel appliances, cabinets, and counters in the galley kitchen. The bright breakfast area, with access to the backyard, sits just off the inside laundry room. With major updates already started, the new owner has a clean fresh slate to add their personal choices to the bathrooms and remaining flooring. A large versatile room at the back of the home, filled with natural light and backyard access, can serve as an office, a family room, game room, sunroom, or sewing room—the possibilities are endless. The shaded backyard features mature pine, oak, and citrus trees and is partially fenced.

10. 2007-08-27
    historical
11. 2007-06-26
    listed $240,000

ⓘ 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: $3,428 · $286/mo
• Projected year-2 tax: $3,428 · $286/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°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 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,844
• − Mortgage interest: −$13,494
• − Property taxes: −$3,428
• − Insurance: −$1,204
• − Repairs & maintenance: −$2,067
• − Management: −$2,067
• − Depreciation: −$7,008
• Taxable loss: −$3,426
• Est. tax savings @ 24.0%: +$822
• After-tax cash flow: $1,447/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): 23,517
• Household income: $77,557
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 169.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 15% Two or more races 11% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5% Cuban 2% Dominican 2%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 9% Other Asian/Pacific 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: ▼ -85.60%
• Current HPI: 212.4262
• Rent YoY: ▲ 2.84%
• 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

+6.6% since first listed

6 events — show timeline

• 2026-04-23 Price Changed $255,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-02 Price Changed $289,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $302,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-09 Listed $307,000 Stellar MLS as Distributed by MLS Grid
• 2007-08-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-06-26 Listed $240,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+6.6%/yr

Latest (2025): $3,428 · +12.5% YoY. Source: county tax records.