13120 SW 90th St · On Top of the World, FL 34432

$260,000

4 bd · 2.0 ba · 1,512 sqft · Manufactured public records · 316 Days on market

Built 1999 2.23 ac lot

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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 +13.8/30.0
• ARV discount +7.5/15.0
• DSCR +4.2/10.0
• Schools +3.6/10.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

Key facts

• Cathedral ceilings
• Over two acres
• A1 zoned property

Tags

• OVER TWO ACRES
• A1 ZONED PROPERTY
• CATHEDRAL CEILINGS
• ENGINEERED HARDWOOD FLOORING
• OPEN CONCEPT LAYOUT
• SPLIT BEDROOM PLAN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $260k.

Deal economics

• At list price, monthly cash flow is $22 ($264/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 $217k (16.5% below list).
• Recommended offer: $217k (16.5% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: 550 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $2k of loan paydown is wiped out by about $8k 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 316 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask is 12281% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $90k; list at $260k implies a 189% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,977 (16.5% below list)

Questions for the listing agent

1. It's been on market 316 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.83% ✗
• Cap rate: 6.39%
• Cash-on-cash: 0.36%
• DSCR: 1.02
• GRM: 10.0

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: -15.7%
• Equity multiple: 0.44×
• Total profit: $-40,763
• Equity at exit: $38,767

10-year hold

• IRR: -7.3%
• Equity multiple: 0.54×
• Total profit: $-33,822
• Equity at exit: $22,480

Cash invested: $72,800 (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: 550
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,170 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$220 /mo · $2,644/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$456
• Net cashflow: $22

Break-even live

Break-even rent $2,142

Max offer price $260,000

Occupancy floor 94%

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13110 SW 89th St Dunnellon, FL	4.0	2.5	1824	$2,200	$1.21	21d	1	0.05mi
13527 SW 100th Ln Dunnellon, FL	3.0	2.0	1352	$2,100	$1.55	21d	1	1.09mi
12412 SW 98th St Dunnellon, FL	3.0	2.0	1648	$2,200	$1.33	21d	1	1.11mi
10426 SW 133rd Ave Dunnellon, FL	3.0	2.0	1555	$1,850	$1.19	13d	1	1.43mi

Listing history 24 events

1. 2026-06-18
   days on market $260,000 Active 316 DOM
2. 2026-06-17
   days on market $260,000 Active 315 DOM
3. 2026-06-16
   pricedays on market $260,000 Active 314 DOM
4. 2026-06-15
   days on market $275,000 Active 313 DOM
5. 2026-06-14
   days on market $275,000 Active 311 DOM
6. 2026-06-13
   days on market $275,000 Active 310 DOM
7. 2026-06-10
   days on market $275,000 Active 308 DOM
8. 2026-06-09
   days on market $275,000 Active 307 DOM
9. 2026-06-08
   days on market $275,000 Active 306 DOM
10. 2026-06-07
    days on market $275,000 Active 305 DOM
11. 2026-06-03
    days on market $275,000 Active 301 DOM
12. 2026-06-02
    days on market $275,000 Active 300 DOM
13. 2026-05-31
    days on market $275,000 Active 298 DOM
14. 2026-05-30
    days on market $275,000 Active 297 DOM
15. 2026-04-15
    price $275,000 1673-char remark

    Show marketing remark (1673 chars)

    Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

16. 2026-01-31
    status Active 1673-char remark

    Show marketing remark (1673 chars)

    Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

17. 2026-01-30
    historical 1673-char remark

    Show marketing remark (1673 chars)

    Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

18. 2025-12-12
    historical $2,100
19. 2025-10-25
    listed $2,100
20. 2025-10-14
    price $285,000 1673-char remark

    Show marketing remark (1673 chars)

    Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

21. 2025-08-05
    listed $299,000 Active 1673-char remark

    Show marketing remark (1673 chars)

    Enjoy the perfect blend of rural privacy and versatile outdoor living in this beautifully updated Dunnellon home. Nestled on over two cleared, usable acres, this A1-zoned property offers space, comfort, and functionality—all tucked away off a quiet country road. Inside, the home features an open-concept layout with soaring cathedral ceilings, engineered hardwood flooring, and abundant natural light. With four generously sized bedrooms and two full baths, the thoughtfully designed split floor plan places the primary suite in its own private wing. The spacious en-suite offers a peaceful retreat, complete with walk-in closets, a dual-sink vanity, walk-in glass shower, and plenty of room to relax. At the heart of the home is a fully remodeled kitchen featuring solid-surface countertops, a custom center island with bar seating, and sleek stainless steel appliances—including a high-end oven and refrigerator—creating the ideal space for cooking and gathering. Step outside to discover one of the property's most impressive features: over 1,000 square feet of brand-new, wraparound decking—perfect for entertaining or simply enjoying the peaceful surroundings. An above-ground pool and sliding glass doors create a seamless indoor-outdoor lifestyle. There's also an enclosed rear addition, ready for your finishing touches to add even more functional space. With no HOA, private well and septic, and plenty of room for pets, hobbies, or future additions, this home offers true freedom and flexibility. Located just minutes from the conveniences of Dunnellon and Ocala, this is your opportunity to enjoy upgraded rural living with room to grow.

22. 2005-05-23
    soldstatus $89,900
23. 2005-02-28
    soldstatus $89,900 73-char remark

    Show marketing remark (73 chars)

    GREAT SIZE YARD. NEAR ROLLING HILLS. NEEDS SOME T. L. C. JUST OFF 140 AVE

24. 2004-12-06
    listed $89,900 73-char remark

    Show marketing remark (73 chars)

    GREAT SIZE YARD. NEAR ROLLING HILLS. NEEDS SOME T. L. C. JUST OFF 140 AVE

ⓘ 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: $2,644 · $220/mo
• Projected year-2 tax: $2,644 · $220/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥107°F today · 19 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,037
• − Mortgage interest: −$14,564
• − Property taxes: −$2,644
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,083
• − Management: −$2,083
• − Depreciation: −$7,564
• Taxable loss: −$4,201
• Est. tax savings @ 24.0%: +$1,008
• After-tax cash flow: $1,272/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 — On Top of the World

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

Census & demographics

• 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

+205.9% since first listed

10 events — show timeline

• 2026-04-15 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-31 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-12-12 Rental Removed $2,100 STELLARMLS
• 2025-10-25 Listed for Rent $2,100 STELLARMLS
• 2025-10-14 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-05 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2005-05-23 Sold (Public Records) $89,900 Public Records
• 2005-02-28 Sold (MLS) $89,900 Stellar MLS as Distributed by MLS Grid
• 2004-12-06 Listed $89,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+8.6%/yr

Latest (2025): $2,644 · +13.4% YoY. Source: county tax records.