10108 SW 139th Ct · On Top of the World, FL 34432

$209,900

3 bd · 2.0 ba · 1,232 sqft · SingleFamily · 2 Days on market

Built 2026 Good condition 9,375 sqft lot Est $224k · 6% under

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Why this score? — see what drove the D 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 +12.3/30.0
• ARV discount +10.4/15.0
• Condition / age +4.0/5.0
• DSCR +3.7/10.0
• Schools +3.6/10.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Step into this spacious stucco home offering an affordable opportunity with a well-designed split floor plan. The home features a modern kitchen with granite countertops, upgraded cabinetry, and a full stainless steel appliance package including range, microwave, dishwasher, and refrigerator. Tile flooring runs throughout, complemented by ceiling fans and thoughtful finishes. Enjoy the beautiful lot with fresh sod and a peaceful setting, as the front view overlooks a retention area your—ensuring no future development directly in front of the home. Conveniently located near Rainbow River and the World Equestrian Center, this property provides easy access to a wide range of outdoor acti

Key facts

• Ceiling fans
• Upgraded cabinetry
• Tile flooring

Tags

• MODERN KITCHEN
• GRANITE COUNTERTOPS
• UPGRADED CABINETRY
• TILE FLOORING
• CEILING FANS
• BEAUTIFUL LOT

Property features AI

Finance

• Other: Property type: Residential, single family; Zoning: R1; Lot roughly 0.22 acre (approx. 75 x 125); Builder-reported living area and building area available

Exterior

• Parking: Attached garage; 1-car garage (12x20); Carport present
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Single family residence; One story; East-facing; Completed new construction
• Construction: Stucco and frame construction; Shingle roof; Slab foundation; Built by Brooks Construction (model JC1); Projected completion May 31, 2026
• Exterior features: Sliding doors; Cleared lot; In-county location; Limerock road access; Publicly maintained road

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump; Central air
• Interior features: High ceilings; Split bedroom layout; Programmable thermostat; Walk-in closet(s); Smoke detector(s)
• Laundry & utility: Laundry inside; Inside utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-38 ($-451/yr) — negative.
• To cash-flow at today's rent, offer at most $204k (2.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (14.8% below list).
• Recommended offer: $179k (14.8% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 2.9% in On Top of the World — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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: 556 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,855 (14.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.85% ✗
• Cap rate: 6.08%
• Cash-on-cash: -0.77%
• DSCR: 0.97
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $224,224
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10150 SW 138th Ct	0.13mi	3/2.0	1,400 (+14%)	19mo	$249,000	$178	55
10169 SW 138th Ter	0.11mi	3/2.0	1,400 (+14%)	22mo	$249,000	$178	54
10151 SW 138th Ter	0.12mi	3/2.0	1,400 (+14%)	22mo	$255,000	$182	53
13705 SW 102nd Pl	0.27mi	3/2.0	1,397 (+13%)	20mo	$249,000	$178	48
13616 SW 102nd St	0.37mi	3/2.0	1,089 (-12%)	23mo	$229,900	$211	44
10434 SW 133rd Ave	0.67mi	3/2.0	1,399 (+14%)	11mo	$249,000	$178	37
13251 SW 100th Ln	0.72mi	3/2.0	1,089 (-12%)	20mo	$229,500	$211	31
13267 SW 100th Ln	0.72mi	3/2.0	1,089 (-12%)	20mo	$229,500	$211	30
13572 SW 107 St	0.70mi	3/2.0	1,399 (+14%)	22mo	$255,000	$182	26

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.5%
• Equity multiple: 0.38×
• Total profit: $-36,382
• Equity at exit: $31,297

10-year hold

• IRR: -9.6%
• Equity multiple: 0.41×
• Total profit: $-34,656
• Equity at exit: $18,148

Cash invested: $58,772 (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 34432

• Home prices YoY: -21.5%
• Active inventory: 556
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,789 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,148/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $-38

Break-even live

Break-even rent $1,836

Max offer price $204,457

Occupancy floor 97%

Sensitivity live

Price	-10% $107	-5% $35	+0% $-38	+5% $-110	+10% $-183
Rent	-10% $-179	-5% $-108	+0% $-38	+5% $33	+10% $104
Rate	-1.0pp $68	-0.5pp $16	base $-38	+0.5pp $-92	+1.0pp $-147

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13527 SW 100th Ln Dunnellon, FL	3.0	2.0	1352	$2,100	$1.55	22d	1	0.42mi
13469 SW 106th St Dunnellon, FL	3.0	2.0	1226	$1,750	$1.43	22d	1	0.67mi
10711 SW 136th Court Rd Dunnellon, FL	2.0	1.0	928	$1,450	$1.56	22d	1	0.67mi
13439 SW 106th Pl Dunnellon, FL	3.0	2.0	1397	$1,700	$1.22	22d	1	0.73mi
13669 SW 113th Pl Dunnellon, FL	3.0	2.0	1397	$1,650	$1.18	14d	1	1.23mi
13359 SW 112th St Dunnellon, FL	3.0	2.0	1127	$1,750	$1.55	22d	1	1.23mi
13775 SW 115 Pl Unit 1331069P Dunnellon, FL	3.0	2.0	1399	$9,815	$7.02	22d	1	1.43mi

Listing history 4 events

1. 2026-06-03
   status $209,900 Pending 2 DOM
2. 2026-06-02
   days on market $209,900 Active 2 DOM
3. 2026-06-01
   remarks 693-char remark
4. 2026-06-01
   listed $209,900 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,463
• − Mortgage interest: −$11,758
• − Property taxes: −$3,148
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,717
• − Management: −$1,717
• − Depreciation: −$6,106
• Taxable loss: −$4,033
• Est. tax savings @ 24.0%: +$968
• After-tax cash flow: $517/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

Good 80/100 None rehab

This spacious stucco home offers a well-designed split floor plan with modern kitchen and bathrooms. The property is in good condition with no visible repairs needed, making it an excellent investment opportunity.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
• Both Landscaping and sodding yard — Improves curb appeal and enhances property value
• Both Installing smart home features — Attracts tech-savvy buyers and renters

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping and sodding yard — Improves curb appeal and enhances property value ↑
• Both Installing smart home features — Attracts tech-savvy buyers and renters ↑

ⓘ 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: 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 — On Top of the World

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 25,668
• Population (ZIP): 13,197

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 (79%)
• Race & ethnicity: White 79% Hispanic / Latino 16% Two or more races 11% Black 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7% Cuban 2%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 8% · Canada
• Languages at home: 90% English-only · Spanish 9% Other Indo-European 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: ▼ -57.34%
• Current HPI: 209.595
• 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

1 event — show timeline

• 2026-05-31 Listed $209,900 Stellar MLS as Distributed by MLS Grid