159 Jewel Ave · Interlachen, FL 32148

$89,000

2 bd · 1.0 ba · 672 sqft · Manufactured public records · 209 Days on market

Built 1991 10,018 sqft lot ↓ 10% since listing

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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
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

Key facts

• Stand alone ramps
• Hand launch ramp
• 0.23 acre lot

Tags

• HAND LAUNCH RAMP
• STAND ALONE RAMPS

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: 1-space carport
• Utilities: Septic tank; Cable available; Electricity connected
• Home design: Manufactured home; Mobile home; Single-family
• Exterior features: Private lot (0.23 acres)

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air
• Interior features: Electric range; Refrigerator; Central heating; Central air
• Laundry & utility: Electricity connected

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $89k.

Deal economics

• At list price, monthly cash flow is $233 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $89k).
• Recommended offer: $78k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 5.1% in Interlachen — 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 67/100 on livability (#540 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, amenities F, commute F.
• Putnam (town): math 34% / reading 39% proficiency, ranked #66 of 73 in FL (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 760 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 113 units permitted in Putnam County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Putnam County population projected at -31% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $31k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $78,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 1.40% ✓
• Cap rate: 11.13%
• Cash-on-cash: 17.27%
• DSCR: 1.77
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 0.6%
• Equity multiple: 1.02×
• Total profit: $547
• Equity at exit: $13,270

10-year hold

• IRR: 10.3%
• Equity multiple: 1.80×
• Total profit: $20,041
• Equity at exit: $7,695

Cash invested: $24,920 (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 32148

• Home prices YoY: -5.8%
• Active inventory: 760
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,250 medium
• Mortgage (P&I): −$467
• Tax from tax record: −$125 /mo · $1,501/yr
• Insurance: −$37
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $233

Break-even live

Break-even rent $955

Max offer price $89,000

Occupancy floor 76%

Sensitivity live

Price	-10% $284	-5% $259	+0% $233	+5% $208	+10% $183
Rent	-10% $135	-5% $184	+0% $233	+5% $283	+10% $332
Rate	-1.0pp $278	-0.5pp $256	base $233	+0.5pp $210	+1.0pp $187

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
123 Hayman Dr Interlachen, FL	2.0	1.0	598	$1,250	$2.09	24d	1	0.30mi
125 Hayman Dr Interlachen, FL	2.0	1.0	642	$1,250	$1.95	24d	1	0.31mi

Listing history 28 events

1. 2026-06-18
   status $89,000 Pending 209 DOM
2. 2026-06-17
   days on market $89,000 Active 209 DOM
3. 2026-06-16
   days on market $89,000 Active 208 DOM
4. 2026-06-15
   days on market $89,000 Active 207 DOM
5. 2026-06-13
   days on market $89,000 Active 205 DOM
6. 2026-06-10
   days on market $89,000 Active 201 DOM
7. 2026-06-08
   days on market $89,000 Active 200 DOM
8. 2026-06-07
   days on market $89,000 Active 199 DOM
9. 2026-06-05
   days on market $89,000 Active 196 DOM
10. 2026-06-03
    days on market $89,000 Active 195 DOM
11. 2026-06-02
    days on market $89,000 Active 194 DOM
12. 2026-06-01
    days on market $89,000 Active 193 DOM
13. 2026-05-31
    days on market $89,000 Active 192 DOM
14. 2026-04-16
    price $89,000
15. 2026-04-06
    price $98,788
16. 2026-04-04
    status Active
17. 2026-03-31
    historical
18. 2026-03-08
    status Active
19. 2026-02-28
    historical
20. 2026-02-15
    price $98,888
21. 2025-11-08
    listed $119,900 Active
22. 2022-05-24
    soldstatus $83,200
23. 2022-05-20
    soldstatus $83,200 Sold 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

24. 2022-05-03
    status Pending 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

25. 2022-04-22
    status Active 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

26. 2022-02-02
    status Pending 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

27. 2022-01-24
    price $89,000 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

28. 2022-01-14
    listed $99,000 Active 150-char remark

    Show marketing remark (150 chars)

    LOOKING FOR A LAKE AREA GET AWAY, LOOK NO FURTHER. COME AND SEE THIS NEAT AND CLEAN MOBILE HOME WITH A LAKE VIEW OF LAKE JEWEL FROM ACROSS THE STREET.

ⓘ 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: $1,501 · $125/mo
• Projected year-2 tax: $1,501 · $125/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 A · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,000
• − Mortgage interest: −$4,985
• − Property taxes: −$1,501
• − Insurance: −$1,948
• − Repairs & maintenance: −$1,200
• − Management: −$1,200
• − Depreciation: −$2,589
• Taxable income: $1,577
• Est. tax owed @ 24.0%: −$378
• After-tax cash flow: $2,422/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: Putnam
• NCES district ID: 1201620
• Math proficiency: 34% ▼ -10.00%
• Reading proficiency: 39% ▼ -4.00%
• Median HH income: $33,350
• Composite: 29.99/100
• National rank: #6361
• State rank: #66 of 73 in FL

Livability — Interlachen

• Score: 67/100
• State rank: #540
• US rank: #10162

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

• City population: 11,580
• Population (ZIP): 11,580

Population outlook (Putnam County) Hauer SSP2

• Today (2025): 65,299 people
• By 2030: 61,255 · -6.2%
• By 2040: 52,930 · -18.9%
• By 2050: 45,051 · -31.0%
• By 2075: 28,720 · -56.0%
• By 2100: 15,852 · -75.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 9% Two or more races 8% Black 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7%
• Common ancestry: Slovak 4% Lithuanian 3% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · Putnam

• 2024 margin: Solid R (+47.8) · D 25.8% · R 73.6%
• 2008→2024 swing: -28.5pp toward R · 2008: -19.3pp · 2024: -47.8pp
• All cycles: 2024: R+47.8 2020: R+41.2 2016: R+36.6 2012: R+24.5 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.98%
• Current HPI: 277.2763
• 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

-10.1% since first listed

15 events — show timeline

• 2026-04-16 Price Changed $89,000 realMLS
• 2026-04-06 Price Changed $98,788 realMLS
• 2026-04-04 Relisted — realMLS
• 2026-03-31 Listing Removed — realMLS
• 2026-03-08 Relisted — realMLS
• 2026-02-28 Listing Removed — realMLS
• 2026-02-15 Price Changed $98,888 realMLS
• 2025-11-08 Listed $119,900 realMLS
• 2022-05-24 Sold (Public Records) $83,200 Public Records
• 2022-05-20 Sold (MLS) $83,200 realMLS
• 2022-05-03 Pending — realMLS
• 2022-04-22 Relisted — realMLS
• 2022-02-02 Pending — realMLS
• 2022-01-24 Price Changed $89,000 realMLS
• 2022-01-14 Listed $99,000 realMLS

Property tax history

+3.4%/yr

Latest (2025): $1,501 · -2.7% YoY. Source: county tax records.