1008 SE 26th St · Ocala, FL 34471

$140,000

3 bd · 2.0 ba · 2,072 sqft · SingleFamily public records · 29 Days on market

Built 1984 0.30 ac lot ↓ 53% 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 +27.6/30.0
• DSCR +9.7/10.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Short Sale. SHORT SALE!! SHORT SALE!! Seller accepting CASH ONLY!! Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders. This 1984 built home features concrete block construction, 3 bedrooms, 2 bathrooms on . 30 acre lot located in SE Ocala with close proximity to schools, shopping, restaurants and more. SOLAR PANELS ARE EXCLUDED FROM THE SALE.

Key facts

• 0.3 acre lot
• Pool
• Built 1984

Property features AI

Finance

• Other: Zoned R1
• Financial info: No lease restrictions; Homestead: yes
• HOA & community: No HOA/association

Exterior

• Parking: No parking details provided
• Security: No security features listed
• Utilities: Public water; Sewer: other; Electricity connected
• Home design: Single-family residence; One-story; Facing north; Fixer condition
• Construction: Block construction; Shingle roof; Slab foundation; Built on a lot of about 0.3 acres
• Exterior features: Private in-ground pool; Asphalt road access; Lot dimensions approximately 90 x 145

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms (one-story home)
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; No central cooling
• Interior features: No notable interior features listed
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $419 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 4.2% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• 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: Rents soft (-0.6%/yr); 311 active listings in the ZIP; 6 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).
• This rent runs 36% of the median local income ($66k/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 $968 of loan paydown is wiped out by about $4k 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 29 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price.
• 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 $137,900 (1.5% below list)

Questions for the listing agent

1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.39% ✓
• Cap rate: 9.88%
• Cash-on-cash: 12.82%
• DSCR: 1.57
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -1.1%
• Equity multiple: 0.96×
• Total profit: $-1,597
• Equity at exit: $20,874

10-year hold

• IRR: 4.7%
• Equity multiple: 1.29×
• Total profit: $11,384
• Equity at exit: $12,105

Cash invested: $39,200 (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 34471

• Rents YoY: -0.6%
• Active inventory: 311
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,950 high
• Mortgage (P&I): −$734
• Tax from tax record: −$329 /mo · $3,949/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $419

Break-even live

Break-even rent $1,420

Max offer price $140,000

Occupancy floor 74%

Sensitivity live

Price	-10% $498	-5% $459	+0% $419	+5% $379	+10% $340
Rent	-10% $265	-5% $342	+0% $419	+5% $496	+10% $573
Rate	-1.0pp $489	-0.5pp $455	base $419	+0.5pp $383	+1.0pp $346

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
908 SE 23rd St Ocala, FL	3.0	2.0	1640	$1,800	$1.10	14d	1	0.17mi
691 SE 19th St Ocala, FL	3.0	2.0	1424	$1,800	$1.26	22d	1	0.48mi
1850 SE 18th Ave Ocala, FL	1.0–3.0	1.0–2.0	999	$2,097	$2.10	14d	51	0.59mi
1906 SE Clatter Bridge Rd Ocala, FL	3.0	2.5	2176	$2,400	$1.10	22d	1	1.06mi
510 SW 28th St Ocala, FL	3.0	2.0	1771	$2,250	$1.27	14d	1	1.07mi
305 SE 10th Ave Ocala, FL	2.0	1.0	1449	$1,800	$1.24	22d	1	1.43mi

Listing history 21 events

1. 2026-06-18
   days on market $140,000 Active 29 DOM
2. 2026-06-17
   days on market $140,000 Active 28 DOM
3. 2026-06-16
   days on market $140,000 Active 27 DOM
4. 2026-06-15
   days on market $140,000 Active 26 DOM
5. 2026-06-14
   days on market $140,000 Active 24 DOM
6. 2026-06-13
   days on market $140,000 Active 23 DOM
7. 2026-06-10
   days on market $140,000 Active 21 DOM
8. 2026-06-09
   days on market $140,000 Active 20 DOM
9. 2026-06-08
   days on market $140,000 Active 19 DOM
10. 2026-06-07
    days on market $140,000 Active 18 DOM
11. 2026-06-03
    days on market $140,000 Active 14 DOM
12. 2026-06-02
    days on market $140,000 Active 13 DOM
13. 2026-06-01
    days on market $140,000 Active 12 DOM
14. 2026-05-31
    days on market $140,000 Active 11 DOM
15. 2026-05-30
    days on market $140,000 Active 10 DOM
16. 2026-05-20
    listed $140,000 Active
17. 2025-05-20
    status Pending
18. 2025-05-20
    historical
19. 2025-04-21
    price $260,000
20. 2025-03-17
    price $280,000
21. 2025-02-20
    listed $300,000 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: $3,949 · $329/mo
• Projected year-2 tax: $3,949 · $329/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 4/10 Moderate FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,400
• − Mortgage interest: −$7,842
• − Property taxes: −$3,949
• − Insurance: −$700
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − Depreciation: −$4,073
• Taxable income: $3,092
• Est. tax owed @ 24.0%: −$742
• After-tax cash flow: $4,285/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 28,342
• Household income: $65,789
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 1494.0

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 (67%)
• Race & ethnicity: White 67% Hispanic / Latino 16% Two or more races 11% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 3% Dominican 1%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica, Dominican Republic
• Languages at home: 86% English-only · Spanish 11% Other Asian/Pacific 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: ▼ -176.55%
• Current HPI: 224.1709
• Rent YoY: ▼ -0.64%
• Metro: Ocala, 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

-53.3% since first listed

6 events — show timeline

• 2026-05-20 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-21 Price Changed $260,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-17 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-20 Listed $300,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+12.7%/yr

Latest (2025): $3,949 · +1.7% YoY. Source: county tax records.