10395 SE 159th St · Summerfield, FL 34491

$54,000

2 bd · 1.0 ba · 924 sqft · Manufactured public records · 113 Days on market

Manufactured home Built 1979 Poor condition 0.33 ac lot $58/sqft · 64% below 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• Appreciation +2.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +1.0/5.0
• Manufactured-home adj. -5.6

Listing remarks MLS

Well maintained 2/1 Mobile home on . 33 acres. New A/C, New main electrical box, metal roof, new back deck, nice big front porch, orange tree, shed and lots of cabinets in kitchen. Close to Little Lake Weir.

Key facts

• 0.33 acre lot
• Built 1979
• Listed 112 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $54k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $530 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $54k).
• Recommended offer: $49k (9.0% below list) — sets the bar for market timing.
• Cap rate 18.1% vs local median 4.5% in Summerfield — 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 C — 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.
• Zoned schools: Harbour View Elementary School (math 41% / reading 38%, grade F, #1,513 of 2,144 statewide, top 73%, 819 students, 71% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
• Market conditions: 1056 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $373 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($49k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y ago; this cycle's ask has dropped $25k (32%) 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $49,140 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 2.14% ✓
• Cap rate: 18.07%
• Cash-on-cash: 42.07%
• DSCR: 2.87
• GRM: 3.9

CMA / ARV

• ARV (median comp): $149,000
• List price: $54,000
• Delta: -63.76%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16160 SE 97th Terr Rd	0.61mi	2/2.0	960 (+4%)	4mo	$180,000	$188	57
16630 SE 104th Ave Rd	0.73mi	1/1.0 (-1)	936 (+1%)	9mo	$26,000	$28	52
10175 SE Sunset Harbor Rd	0.74mi	2/2.0	920 (-0%)	16mo	$100,000	$109	47
15210 SE 103rd Ter	0.69mi	2/2.0	864 (-6%)	13mo	$135,000	$156	42
16560 SE 102nd Avenue Rd	0.73mi	2/2.0	840 (-9%)	18mo	$90,000	$107	31

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: 38.8%
• Equity multiple: 2.66×
• Total profit: $25,036
• Equity at exit: $8,052

10-year hold

• IRR: 45.2%
• Equity multiple: 5.32×
• Total profit: $65,369
• Equity at exit: $4,669

Cash invested: $15,120 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 13 active · 6 under contract
• Months of supply: 15.6 mo (6%/mo absorbed)
• Median asking: $129,900 ($137/sqft)
• Median days on market: 65 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +17.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34491

• Home prices YoY: -35.0%
• Active inventory: 1056
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,155 medium
• Mortgage (P&I): −$283
• Tax from tax record: −$76 /mo · $917/yr
• Insurance: −$22
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $530

Break-even live

Break-even rent $484

Max offer price $54,000

Occupancy floor 49%

Sensitivity live

Price	-10% $561	-5% $545	+0% $530	+5% $515	+10% $500
Rent	-10% $439	-5% $485	+0% $530	+5% $576	+10% $621
Rate	-1.0pp $557	-0.5pp $544	base $530	+0.5pp $516	+1.0pp $502

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: $13,500
• Closing costs: $1,620
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9990 SE 166th St Summerfield, FL	3.0	2.0	962	$1,395	$1.45	154d	1	0.84mi

Property features AI

Finance

• Other: Lot about 0.33 acres (approx. 95 x 150)Living area reported as 924 square feet
• Financial info: Lease restrictions apply
• HOA & community: No HOA

Exterior

• Parking: No parking details provided
• Utilities: Well waterSeptic tankElectricity connected
• Home design: Manufactured single-wide homeResidential propertyOne storyFaces southEntry level: One
• Construction: Vinyl sidingMetal roofStem wall foundationBuilt as a manufactured home
• Exterior features: Other exterior featuresAsphalt road access

Interior

• Kitchen: RangeRange hood
• Bedrooms: 2 bedrooms
• Flooring: Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heatingCentral air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry closet

Listing history 50 events

1. 2026-11-08
   days on market $54,000 Active 113 DOM
2. 2026-11-07
   days on market $54,000 Active 112 DOM
3. 2026-11-06
   days on market $54,000 Active 111 DOM
4. 2026-11-05
   days on market $54,000 Active 110 DOM
5. 2026-11-04
   days on market $54,000 Active 109 DOM
6. 2026-11-02
   days on market $54,000 Active 107 DOM
7. 2026-11-01
   days on market $54,000 Active 106 DOM
8. 2026-10-31
   days on market $54,000 Active 105 DOM
9. 2026-10-30
   days on market $54,000 Active 104 DOM
10. 2026-10-29
    days on market $54,000 Active 103 DOM
11. 2026-10-28
    days on market $54,000 Active 102 DOM
12. 2026-10-27
    days on market $54,000 Active 101 DOM
13. 2026-10-26
    days on market $54,000 Active 100 DOM
14. 2026-10-25
    days on market $54,000 Active 99 DOM
15. 2026-10-24
    pricedays on market $54,000 Active 98 DOM
16. 2026-10-23
    days on market $59,000 Active 97 DOM
17. 2026-10-22
    days on market $59,000 Active 96 DOM
18. 2026-10-21
    days on market $59,000 Active 95 DOM
19. 2026-10-20
    days on market $59,000 Active 94 DOM
20. 2026-10-19
    days on market $59,000 Active 93 DOM
21. 2026-10-18
    days on market $59,000 Active 92 DOM
22. 2026-10-17
    days on market $59,000 Active 91 DOM
23. 2026-10-16
    days on market $59,000 Active 90 DOM
24. 2026-10-15
    days on market $59,000 Active 89 DOM
25. 2026-10-14
    days on market $59,000 Active 88 DOM
26. 2026-10-13
    days on market $59,000 Active 87 DOM
27. 2026-10-12
    days on market $59,000 Active 86 DOM
28. 2026-10-11
    status $59,000 Active 85 DOM
29. 2026-09-11
    statusdays on market $59,000 Pending 85 DOM
30. 2026-09-05
    days on market $59,000 Active 83 DOM
31. 2026-09-04
    days on market $59,000 Active 82 DOM
32. 2026-09-03
    days on market $59,000 Active 81 DOM
33. 2026-08-31
    days on market $59,000 Active 78 DOM
34. 2026-08-30
    days on market $59,000 Active 77 DOM
35. 2026-08-29
    days on market $59,000 Active 76 DOM
36. 2026-08-28
    days on market $59,000 Active 75 DOM
37. 2026-08-27
    days on market $59,000 Active 74 DOM
38. 2026-08-25
    pricedays on market $59,000 Active 72 DOM
39. 2026-08-24
    days on market $69,000 Active 71 DOM
40. 2026-08-23
    days on market $69,000 Active 70 DOM
41. 2026-08-22
    days on market $69,000 Active 69 DOM
42. 2026-08-20
    status $69,000 Active 67 DOM
43. 2026-07-11
    statusdays on market $69,000 Pending 67 DOM
44. 2026-07-10
    days on market $69,000 Active 66 DOM
45. 2026-07-09
    days on market $69,000 Active 65 DOM
46. 2026-07-08
    days on market $69,000 Active 64 DOM
47. 2026-07-07
    days on market $69,000 Active 63 DOM
48. 2026-07-06
    days on market $69,000 Active 62 DOM
49. 2026-07-05
    days on market $69,000 Active 61 DOM
50. 2026-07-04
    days on market $69,000 Active 60 DOM

ⓘ 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: $917 · $76/mo
• Projected year-2 tax: $917 · $76/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,857
• − Mortgage interest: −$3,025
• − Property taxes: −$917
• − Insurance: −$270
• − Repairs & maintenance: −$1,109
• − Management: −$1,109
• − Depreciation: −$1,571
• Taxable income: $5,857
• Est. tax owed @ 24.0%: −$1,406
• After-tax cash flow: $4,956/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 · 9 photos

Poor 20/100 Extensive rehab Est. rehab $46,200–$83,160 screening

This manufactured home requires extensive repairs and updates to bring it up to a livable condition. The home is in poor condition and requires new kitchen, bathroom, and exterior updates to increase its resale and rental value.

Deferred maintenance Est. $70,000–$210,000 screening

• Major Roof (roof) — No roof visible in photos
• Major Hvac (hvac) — No HVAC unit visible in photos
• Major Windows (windows) — No windows visible in photos
• Major Electrical (electrical) — No electrical panel visible in photos
• Major Plumbing (plumbing) — No plumbing fixtures visible in photos
• Major Exterior (exterior) — No exterior walls or siding visible in photos
• Major Other — No other components visible in photos

Repairs flagged

• Major Kitchen countertops — Severe wear and tear, likely requiring replacement
• Major Kitchen cabinetry — Outdated and worn, likely requiring replacement
• Major Kitchen flooring — Severe wear and tear, likely requiring replacement
• Major Bathroom fixtures — Worn and outdated, likely requiring replacement
• Major Bathroom flooring — Severe wear and tear, likely requiring replacement
• Major Exterior siding — Worn and peeling, likely requiring replacement
• Major Exterior paint — Peeling and worn, likely requiring repainting
• Major Flooring — Severe wear and tear, likely requiring replacement
• Major Interior walls — Worn and peeling, likely requiring repainting

Value-add opportunities

• Resale New kitchen countertops, cabinetry, and flooring — These updates will significantly improve the home's appearance and functionality, making it more attractive to potential buyers ↑
• Resale New bathroom fixtures and flooring — These updates will improve the home's appearance and functionality, making it more attractive to potential buyers ↑
• Resale New exterior siding and paint — These updates will improve the home's curb appeal and make it more attractive to potential buyers ↑
• Rental New flooring — These updates will improve the home's appearance and functionality, making it more attractive to potential renters ↑

ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 37/100

Zoned Schools

Elementary Harbour View Elementary School F FL #1,513/2,144 Nat'l #19,648/41,679 Middle Lake Weir Middle School F FL #416/571 Nat'l #7,460/14,009

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 — Summerfield

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

Census & demographics

• County: Marion County · 365,905 people
• City population: 33,318
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 8% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 1%

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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: ▼ -107.67%
• Current HPI: 200.0792
• Rent YoY: —
• Metro: Ocala, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Other: Lot about 0.33 acres (approx. 95 x 150)Living area reported as 924 square feet
• Financial info: Lease restrictions apply
• HOA & community: No HOA

Exterior

• Parking: No parking details provided
• Utilities: Well waterSeptic tankElectricity connected
• Home design: Manufactured single-wide homeResidential propertyOne storyFaces southEntry level: One
• Construction: Vinyl sidingMetal roofStem wall foundationBuilt as a manufactured home
• Exterior features: Other exterior featuresAsphalt road access

Interior

• Kitchen: RangeRange hood
• Bedrooms: 2 bedrooms
• Flooring: Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heatingCentral air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry closet

Price history

+338.9% since first listed

13 events — show timeline

• 2026-06-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-06-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-03 Listed $79,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-03 Sold (MLS) $127,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-05-25 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-03-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-03-04 Price Changed $117,500 Stellar MLS as Distributed by MLS Grid
• 2024-02-22 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2011-05-05 Sold (MLS) $25,000 Stellar MLS as Distributed by MLS Grid
• 2011-03-07 Listed $25,000 Stellar MLS as Distributed by MLS Grid
• 1989-01-01 Sold (Public Records) $18,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $917 · +2.3% YoY. Source: county tax records.