5570 NE 76th Ter · Spring Ridge, FL 32643

$227,900

3 bd · 2.0 ba · 1,512 sqft · Manufactured public records · 92 Days on market

Built 2023 1.02 ac lot

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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 +19.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Schools +5.3/10.0
• 1% rule +4.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 5570 NE 76th Terrace in High Springs, Florida—where modern living meets the natural beauty of North Florida. Built in 2023, this move-in ready, like-new 3-bedroom, 2-bath double-wide manufactured home sits on just over an acre and offers the perfect blend of privacy, space, and convenience. Tucked away in Gilchrist County, this property features a private setting with no rear neighbors, backing up to protected state land at Blue Springs State Park—creating a peaceful, natural backdrop and long-term privacy that is hard to find. Enjoy quiet surroundings with minimal neighboring homes, where your daily backdrop is nature, not rooftops. This location is a dream for outdoor enthusiasts. Within minutes, you’ll find Poe Springs, Ginnie Springs, and the Santa Fe River, offering endless opportunities for diving, kayaking, paddleboarding, canoeing, and floating. Live where others vacation and enjoy Florida’s freshwater lifestyle year-round. Inside, the home offers an open floor plan with a split-bedroom layout, designed for both functionality and comfort. The primary suite provides a private retreat, while the overall layout creates a seamless flow for everyday living and entertaining. This home has been well maintained and presents like new construction, giving buyers the benefits of newer systems, energy efficiency, and low-maintenance ownership. Situated on just over an acre, there is plenty of room to grow and create your ideal outdoor lifestyle—bring your toys, add a workshop, or design your own backyard oasis. With no HOA and fewer restrictions, the possibilities are wide open. This is a rare opportunity to own a newer home on acreage with a private, nature-backed setting in a highly desirable area near the springs. Conveniently located within commuting distance to Gainesville, Lake City, and I-75, while still offering the quiet charm of country living. he home recently had an address update through the county. If GPS has trouble locating it, try using the previous address: 7696 NE County Road 340 High Springs.

Key facts

• Open floor plan
• Split-bedroom layout
• Private setting

Tags

• PRIVATE SETTING
• PROTECTED STATE LAND
• QUIET SURROUNDINGS
• OPEN FLOOR PLAN
• SPLIT-BEDROOM LAYOUT
• PRIVATE RETREAT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $228k.

Deal economics

• At list price, monthly cash flow is $257 ($3k/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 $227k (0.6% below list).
• Recommended offer: $207k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#547 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D, schools D-, amenities F.
• Gilchrist (rural): math 66% / reading 61% proficiency, ranked #9 of 73 in FL (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 190 active listings in the ZIP; solid renter incomes; 94 units permitted in Gilchrist County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($83k/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.
• Gilchrist County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago; this cycle's ask has dropped $20k (8%) 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $207,389 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% 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. 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?
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: 0.99% ✗
• Cap rate: 7.64%
• Cash-on-cash: 4.83%
• DSCR: 1.21
• GRM: 8.4

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: -8.8%
• Equity multiple: 0.68×
• Total profit: $-20,574
• Equity at exit: $33,981

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $3,169
• Equity at exit: $19,705

Cash invested: $63,812 (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 32643

• Home prices YoY: -5.5%
• Active inventory: 190
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $2,265 medium
• Mortgage (P&I): −$1,195
• Tax from tax record: −$243 /mo · $2,913/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $257

Break-even live

Break-even rent $1,940

Max offer price $227,900

Occupancy floor 84%

Sensitivity live

Price	-10% $386	-5% $321	+0% $257	+5% $192	+10% $128
Rent	-10% $78	-5% $167	+0% $257	+5% $346	+10% $436
Rate	-1.0pp $371	-0.5pp $315	base $257	+0.5pp $198	+1.0pp $138

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: $56,975
• Closing costs: $6,837
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $227,900 Active 92 DOM
2. 2026-06-18
   days on market $227,900 Active 89 DOM
3. 2026-06-17
   days on market $227,900 Active 88 DOM
4. 2026-06-16
   days on market $227,900 Active 87 DOM
5. 2026-06-15
   days on market $227,900 Active 86 DOM
6. 2026-06-14
   days on market $227,900 Active 84 DOM
7. 2026-06-13
   days on market $227,900 Active 83 DOM
8. 2026-06-10
   days on market $227,900 Active 81 DOM
9. 2026-06-09
   days on market $227,900 Active 80 DOM
10. 2026-06-08
    days on market $227,900 Active 79 DOM
11. 2026-06-07
    days on market $227,900 Active 78 DOM
12. 2026-06-05
    pricedays on market $227,900 Active 75 DOM
13. 2026-06-02
    days on market $237,900 Active 73 DOM
14. 2026-06-01
    days on market $237,900 Active 72 DOM
15. 2026-05-31
    days on market $237,900 Active 71 DOM
16. 2026-05-30
    days on market $237,900 Active 70 DOM
17. 2026-04-15
    price $237,900 2084-char remark

    Show marketing remark (2084 chars)

    Welcome to 5570 NE 76th Terrace in High Springs, Florida—where modern living meets the natural beauty of North Florida. Built in 2023, this move-in ready, like-new 3-bedroom, 2-bath double-wide manufactured home sits on just over an acre and offers the perfect blend of privacy, space, and convenience. Tucked away in Gilchrist County, this property features a private setting with no rear neighbors, backing up to protected state land at Blue Springs State Park—creating a peaceful, natural backdrop and long-term privacy that is hard to find. Enjoy quiet surroundings with minimal neighboring homes, where your daily backdrop is nature, not rooftops. This location is a dream for outdoor enthusiasts. Within minutes, you’ll find Poe Springs, Ginnie Springs, and the Santa Fe River, offering endless opportunities for diving, kayaking, paddleboarding, canoeing, and floating. Live where others vacation and enjoy Florida’s freshwater lifestyle year-round. Inside, the home offers an open floor plan with a split-bedroom layout, designed for both functionality and comfort. The primary suite provides a private retreat, while the overall layout creates a seamless flow for everyday living and entertaining. This home has been well maintained and presents like new construction, giving buyers the benefits of newer systems, energy efficiency, and low-maintenance ownership. Situated on just over an acre, there is plenty of room to grow and create your ideal outdoor lifestyle—bring your toys, add a workshop, or design your own backyard oasis. With no HOA and fewer restrictions, the possibilities are wide open. This is a rare opportunity to own a newer home on acreage with a private, nature-backed setting in a highly desirable area near the springs. Conveniently located within commuting distance to Gainesville, Lake City, and I-75, while still offering the quiet charm of country living. he home recently had an address update through the county. If GPS has trouble locating it, try using the previous address: 7696 NE County Road 340 High Springs.

18. 2026-03-21
    listed $247,900 Active 2084-char remark

    Show marketing remark (2084 chars)

    Welcome to 5570 NE 76th Terrace in High Springs, Florida—where modern living meets the natural beauty of North Florida. Built in 2023, this move-in ready, like-new 3-bedroom, 2-bath double-wide manufactured home sits on just over an acre and offers the perfect blend of privacy, space, and convenience. Tucked away in Gilchrist County, this property features a private setting with no rear neighbors, backing up to protected state land at Blue Springs State Park—creating a peaceful, natural backdrop and long-term privacy that is hard to find. Enjoy quiet surroundings with minimal neighboring homes, where your daily backdrop is nature, not rooftops. This location is a dream for outdoor enthusiasts. Within minutes, you’ll find Poe Springs, Ginnie Springs, and the Santa Fe River, offering endless opportunities for diving, kayaking, paddleboarding, canoeing, and floating. Live where others vacation and enjoy Florida’s freshwater lifestyle year-round. Inside, the home offers an open floor plan with a split-bedroom layout, designed for both functionality and comfort. The primary suite provides a private retreat, while the overall layout creates a seamless flow for everyday living and entertaining. This home has been well maintained and presents like new construction, giving buyers the benefits of newer systems, energy efficiency, and low-maintenance ownership. Situated on just over an acre, there is plenty of room to grow and create your ideal outdoor lifestyle—bring your toys, add a workshop, or design your own backyard oasis. With no HOA and fewer restrictions, the possibilities are wide open. This is a rare opportunity to own a newer home on acreage with a private, nature-backed setting in a highly desirable area near the springs. Conveniently located within commuting distance to Gainesville, Lake City, and I-75, while still offering the quiet charm of country living. he home recently had an address update through the county. If GPS has trouble locating it, try using the previous address: 7696 NE County Road 340 High Springs.

19. 2024-05-02
    soldstatus $270,000
20. 2024-05-01
    soldstatus $270,000 Closed 1587-char remark

    Show marketing remark (1587 chars)

    One or more photo(s) has been virtually staged. Value Alert! Priced below appraisal * This new construction home is situated on over an acre of prime real estate in the coveted High Springs area. You’re guaranteed to enjoy the experience of owning a home that has never been occupied, providing you with the maintenance-free living & safety that only a new construction can offer. Step inside and marvel at the attention to detail, including crown molding, beautiful flooring and island kitchen. The split floor plan provides ample space for everyone to spread out, and a convenient laundry room makes daily chores a breeze. Keep the bills down with this energy efficient home! The brand new well and upgraded septic officially put this property in the “turn-key” category. Make the most of the spacious lot, perfect for embracing the outdoors and enjoying cozy evenings. This high and dry property combines both desirable location and affordability. Whether you're seeking lower taxes, utility costs, a day on the water, or a great long term investment this one has it all. Great schools too! With an easy drive to the bustling downtown High Springs, Gainesville or Lake City & sharing a property line with Blue Springs State Park, this one hits every mark. Bring your bikes, boat or diving gear because the outdoor opportunities are unmatched with this truly special part of Florida. Don't miss out on this chance to own a beautiful home on a prime piece of real estate. 5k Seller credit with full price offer. Call now to schedule a private appointment!

21. 2024-04-03
    status Pending 1587-char remark

    Show marketing remark (1587 chars)

    One or more photo(s) has been virtually staged. Value Alert! Priced below appraisal * This new construction home is situated on over an acre of prime real estate in the coveted High Springs area. You’re guaranteed to enjoy the experience of owning a home that has never been occupied, providing you with the maintenance-free living & safety that only a new construction can offer. Step inside and marvel at the attention to detail, including crown molding, beautiful flooring and island kitchen. The split floor plan provides ample space for everyone to spread out, and a convenient laundry room makes daily chores a breeze. Keep the bills down with this energy efficient home! The brand new well and upgraded septic officially put this property in the “turn-key” category. Make the most of the spacious lot, perfect for embracing the outdoors and enjoying cozy evenings. This high and dry property combines both desirable location and affordability. Whether you're seeking lower taxes, utility costs, a day on the water, or a great long term investment this one has it all. Great schools too! With an easy drive to the bustling downtown High Springs, Gainesville or Lake City & sharing a property line with Blue Springs State Park, this one hits every mark. Bring your bikes, boat or diving gear because the outdoor opportunities are unmatched with this truly special part of Florida. Don't miss out on this chance to own a beautiful home on a prime piece of real estate. 5k Seller credit with full price offer. Call now to schedule a private appointment!

22. 2024-03-24
    listed $274,900 Active 1587-char remark

    Show marketing remark (1587 chars)

    One or more photo(s) has been virtually staged. Value Alert! Priced below appraisal * This new construction home is situated on over an acre of prime real estate in the coveted High Springs area. You’re guaranteed to enjoy the experience of owning a home that has never been occupied, providing you with the maintenance-free living & safety that only a new construction can offer. Step inside and marvel at the attention to detail, including crown molding, beautiful flooring and island kitchen. The split floor plan provides ample space for everyone to spread out, and a convenient laundry room makes daily chores a breeze. Keep the bills down with this energy efficient home! The brand new well and upgraded septic officially put this property in the “turn-key” category. Make the most of the spacious lot, perfect for embracing the outdoors and enjoying cozy evenings. This high and dry property combines both desirable location and affordability. Whether you're seeking lower taxes, utility costs, a day on the water, or a great long term investment this one has it all. Great schools too! With an easy drive to the bustling downtown High Springs, Gainesville or Lake City & sharing a property line with Blue Springs State Park, this one hits every mark. Bring your bikes, boat or diving gear because the outdoor opportunities are unmatched with this truly special part of Florida. Don't miss out on this chance to own a beautiful home on a prime piece of real estate. 5k Seller credit with full price offer. Call now to schedule a private appointment!

23. 2024-02-12
    historical
24. 2023-10-18
    price $269,900
25. 2023-10-10
    price $274,400
26. 2023-09-29
    status Active
27. 2023-08-19
    status Pending
28. 2023-08-12
    listed $279,400 Active
29. 2023-03-27
    soldstatus $55,000 Closed
30. 2023-03-01
    status Pending
31. 2023-02-24
    listed $70,000 Active

ⓘ 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: $2,913 · $243/mo
• Projected year-2 tax: $2,913 · $243/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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,183
• − Mortgage interest: −$12,766
• − Property taxes: −$2,913
• − Insurance: −$1,140
• − Repairs & maintenance: −$2,175
• − Management: −$2,175
• − Depreciation: −$6,630
• Taxable loss: −$615
• Est. tax savings @ 24.0%: +$148
• After-tax cash flow: $3,228/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: Gilchrist
• NCES district ID: 1200630
• Math proficiency: 66% ▼ -4.00%
• Reading proficiency: 61% ▼ -5.00%
• Median HH income: $39,610
• Composite: 53.01/100
• National rank: #1522
• State rank: #9 of 73 in FL

Livability — Spring Ridge

• Score: 67/100
• State rank: #547
• US rank: #10343

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment C+ Housing A+ Health & safety D User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Alachua County · 218,005 people
• Metro: Gainesville, FL
• Population (ZIP): 11,953
• Household income: $83,386
• Rent vs Own: 11.1% rent · 88.9% own
• Severe rent burden: 150.0

Population outlook (Gilchrist County) Hauer SSP2

• Today (2025): 17,730 people
• By 2030: 17,722 · +-0.0%
• By 2040: 17,393 · -1.9%
• By 2050: 16,597 · -6.4%
• By 2075: 14,300 · -19.3%
• By 2100: 11,498 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 11% Hispanic / Latino 8% Two or more races 5%
• Hispanic origin (detail): Mexican 1% Cuban 1%
• Common ancestry: Slovak 5% Italian 3% Lithuanian 3%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Gilchrist

• 2024 margin: Solid R (+68.0) · D 15.6% · R 83.6%
• 2008→2024 swing: -21.2pp toward R · 2008: -46.8pp · 2024: -68.0pp
• All cycles: 2024: R+68.0 2020: R+64.0 2016: R+62.8 2012: R+51.0 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.02%
• Current HPI: 308.0178
• Rent YoY: —
• Metro: Gainesville, 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

+239.9% since first listed

15 events — show timeline

• 2026-04-15 Price Changed $237,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Listed $247,900 Stellar MLS as Distributed by MLS Grid
• 2024-05-02 Sold (Public Records) $270,000 Public Records
• 2024-05-01 Sold (MLS) $270,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-03-24 Listed $274,900 Stellar MLS as Distributed by MLS Grid
• 2024-02-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-10-18 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
• 2023-10-10 Price Changed $274,400 Stellar MLS as Distributed by MLS Grid
• 2023-09-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-08-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-12 Listed $279,400 Stellar MLS as Distributed by MLS Grid
• 2023-03-27 Sold (MLS) $55,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-24 Listed $70,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+28.7%/yr

Latest (2025): $2,913 · +8.3% YoY. Source: county tax records.