126 E East End Rd · East Palatka, FL 32187

$309,900

3 bd · 2.0 ba · 1,232 sqft · Manufactured public records · 28 Days on market

Built 1979 1.00 ac lot

---

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).

• Appreciation +9.6/10.0
• Cash flow +8.0/30.0
• ARV discount +7.5/15.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• 1% rule +1.5/10.0

Listing remarks MLS

This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite with a master bathroom with a beautiful-tiled shower, double sink vanity. Tiles throughout the house. Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! attached a carport, detached open 2 car ports and storage/utility room. Must See!

Key facts

• Quartz countertops
• Tiled walk in shower
• Updated kitchen

Tags

• UPDATED KITCHEN
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• TILED WALK IN SHOWER
• DOUBLE SINK VANITY
• CONVENIENTLY LOCATED

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Attached carport; Detached carport (1 space)
• Utilities: Septic tank; Electricity connected; Water connected
• Home design: Manufactured home; Attached property
• Construction: Stucco exterior
• Exterior features: Shingle roof; Shed(s); Workshop; 1 acre lot

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric fireplace
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $310k.

Deal economics

• At list price, monthly cash flow is $-312 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $255k (17.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (35.5% below list).
• Recommended offer: $200k (35.5% below list) — sets the bar for 1% rule.
• Cap rate 5.1% vs local median 3.3% in East Palatka — 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 61/100 on livability (#789 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+; Watch: health & safety C-, 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.
• Zoned schools: Browning-Pearce Elementary School (math 40% / reading 39%, grade F, #1,513 of 2,144 statewide, top 73%, 660 students, 72% FRL); Palatka Jr - Sr High School (math 13% / reading 30%, grade F, #546 of 667 statewide, top 82%, 1,639 students, 64% FRL) — zoned schools at 68% FRL track the district average.
• Market conditions: 28 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 113 units permitted in Putnam County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $28k appreciation (9.2% local appreciation)).
• Putnam County population projected at -31% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($305k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 19y ago 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,000 (35.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-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. 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?
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: 0.65% ✗
• Cap rate: 5.09%
• Cash-on-cash: -4.31%
• DSCR: 0.81
• GRM: 12.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

9.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.4%
• Equity multiple: 2.51×
• Total profit: $131,423
• Equity at exit: $260,694

10-year hold

• IRR: 17.9%
• Equity multiple: 5.59×
• Total profit: $398,625
• Equity at exit: $543,620

Cash invested: $86,772 (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 32187

• Home prices YoY: 4.4%
• Active inventory: 28
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $2,000 medium
• Mortgage (P&I): −$1,625
• Tax from tax record: −$137 /mo · $1,649/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $-312

Break-even live

Break-even rent $2,395

Max offer price $254,832

Occupancy floor —

Sensitivity live

Price	-10% $-136	-5% $-224	+0% $-312	+5% $-399	+10% $-487
Rent	-10% $-470	-5% $-391	+0% $-312	+5% $-233	+10% $-154
Rate	-1.0pp $-156	-0.5pp $-233	base $-312	+0.5pp $-392	+1.0pp $-474

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: $77,475
• Closing costs: $9,297
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
138 Woods Rd San Mateo, FL	3.0	1.0	1000	$2,000	$2.00	2d	1	0.78mi

Listing history 37 events

1. 2026-06-18
   days on market $309,900 Active 28 DOM
2. 2026-06-17
   days on market $309,900 Active 27 DOM
3. 2026-06-16
   days on market $309,900 Active 26 DOM
4. 2026-06-15
   days on market $309,900 Active 25 DOM
5. 2026-06-13
   days on market $309,900 Active 23 DOM
6. 2026-06-09
   days on market $309,900 Active 19 DOM
7. 2026-06-08
   days on market $309,900 Active 18 DOM
8. 2026-06-07
   days on market $309,900 Active 17 DOM
9. 2026-06-05
   days on market $309,900 Active 14 DOM
10. 2026-06-03
    days on market $309,900 Active 13 DOM
11. 2026-06-02
    days on market $309,900 Active 12 DOM
12. 2026-06-01
    days on market $309,900 Active 11 DOM
13. 2026-05-31
    days on market $309,900 Active 10 DOM
14. 2026-05-21
    listed $309,900 Active
15. 2023-05-22
    soldstatus $300,000
16. 2023-05-15
    soldstatus $300,000 Sold 798-char remark

    Show marketing remark (956 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite features a master bathroom with a beautiful-tiled shower, tile floor, double sink vanity. You must see the second bathroom. Tiles throughout the whole house (NO Carpet). Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! Attached a carport and detached open 2 car ports and storage/ utility room. Easy commute to Bunnell, Palm Coast, and St. Augustine. You must see! Schedule a showing today!

17. 2023-05-15
    soldstatus $300,000 Closed 956-char remark

    Show marketing remark (956 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite features a master bathroom with a beautiful-tiled shower, tile floor, double sink vanity. You must see the second bathroom. Tiles throughout the whole house (NO Carpet). Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! Attached a carport and detached open 2 car ports and storage/ utility room. Easy commute to Bunnell, Palm Coast, and St. Augustine. You must see! Schedule a showing today!

18. 2023-03-24
    status Pending 956-char remark

    Show marketing remark (798 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite with a master bathroom with a beautiful-tiled shower, double sink vanity. Tiles throughout the house. Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! attached a carport, detached open 2 car ports and storage/utility room. Must See!

19. 2023-03-24
    status Pending 798-char remark

    Show marketing remark (798 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite with a master bathroom with a beautiful-tiled shower, double sink vanity. Tiles throughout the house. Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! attached a carport, detached open 2 car ports and storage/utility room. Must See!

20. 2023-01-02
    price $324,499 956-char remark

    Show marketing remark (956 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite features a master bathroom with a beautiful-tiled shower, tile floor, double sink vanity. You must see the second bathroom. Tiles throughout the whole house (NO Carpet). Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! Attached a carport and detached open 2 car ports and storage/ utility room. Easy commute to Bunnell, Palm Coast, and St. Augustine. You must see! Schedule a showing today!

21. 2022-05-06
    listed $324,499 Active 798-char remark

    Show marketing remark (956 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite features a master bathroom with a beautiful-tiled shower, tile floor, double sink vanity. You must see the second bathroom. Tiles throughout the whole house (NO Carpet). Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! Attached a carport and detached open 2 car ports and storage/ utility room. Easy commute to Bunnell, Palm Coast, and St. Augustine. You must see! Schedule a showing today!

22. 2022-05-06
    listed $399,499 Active 956-char remark

    Show marketing remark (956 chars)

    This amazing 3 bedrooms mobile Home has everything for the perfect Modern Florida lifestyle. Located in San Mateo over one acre. Built in 1979 and has been fully renovated in 2017 with a modern touch to accommodate country living with a modern flare. You must see the new AMAZING Kitchen, new cabinets, quartz countertop, 2 sinks, and stainless-steel appliances. Master suite features a master bathroom with a beautiful-tiled shower, tile floor, double sink vanity. You must see the second bathroom. Tiles throughout the whole house (NO Carpet). Laundry room inside the house with a utility sink. This house is an interior house. There is a 20 feet easement along the side 134 East End Road. A lot of privacy. New well pump with a water softener and filter system. Wait there is more! Attached a carport and detached open 2 car ports and storage/ utility room. Easy commute to Bunnell, Palm Coast, and St. Augustine. You must see! Schedule a showing today!

23. 2016-06-17
    soldstatus $35,000 Sold
24. 2016-06-13
    status Pending
25. 2016-05-09
    status Active
26. 2016-04-30
    historical
27. 2016-02-02
    status Active
28. 2016-01-25
    status Pending
29. 2015-11-14
    status Active
30. 2015-11-14
    price $55,000
31. 2015-10-31
    historical
32. 2015-04-13
    listed $69,000 Active
33. 2015-04-13
    price $65,000
34. 2012-09-12
    listed $59,900
35. 2007-10-04
    soldstatus $74,000
36. 2007-10-01
    soldstatus $74,000
37. 2007-07-26
    listed $79,900

ⓘ 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: $1,649 · $137/mo
• Projected year-2 tax: $2,572 · $214/mo
• Expected delta: +$923/yr (+$77/mo · 55.9%)

ⓘ 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 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,000
• − Mortgage interest: −$17,359
• − Property taxes: −$1,649
• − Insurance: −$1,550
• − Repairs & maintenance: −$1,920
• − Management: −$1,920
• − Depreciation: −$9,015
• Taxable loss: −$9,413
• Est. tax savings @ 24.0%: +$2,259
• After-tax cash flow: $-1,482/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 — East Palatka

• Score: 61/100
• State rank: #789
• US rank: #18035

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,117

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 (99%)
• Race & ethnicity: White 99%
• Common ancestry: Russian 4% Scottish 3% Lithuanian 3%

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: ▲ 9.17%
• Current HPI: 218.2988
• 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

+287.9% since first listed

24 events — show timeline

• 2026-05-21 Listed $309,900 realMLS
• 2023-05-22 Sold (Public Records) $300,000 Public Records
• 2023-05-15 Sold (MLS) $300,000 Stellar MLS as Distributed by MLS Grid
• 2023-05-15 Sold (MLS) $300,000 realMLS
• 2023-03-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-24 Pending — realMLS
• 2023-01-02 Price Changed $324,499 Stellar MLS as Distributed by MLS Grid
• 2022-05-06 Listed $399,499 Stellar MLS as Distributed by MLS Grid
• 2022-05-06 Listed $324,499 realMLS
• 2016-06-17 Sold (MLS) $35,000 realMLS
• 2016-06-13 Pending — realMLS
• 2016-05-09 Relisted — realMLS
• 2016-04-30 Listing Removed — realMLS
• 2016-02-02 Relisted — realMLS
• 2016-01-25 Pending — realMLS
• 2015-11-14 Relisted — realMLS
• 2015-11-14 Price Changed $55,000 realMLS
• 2015-10-31 Listing Removed — realMLS
• 2015-04-13 Listed $69,000 realMLS
• 2015-04-13 Price Changed $65,000 realMLS
• 2012-09-12 Listed $59,900 realMLS
• 2007-10-04 Sold (Public Records) $74,000 Public Records
• 2007-10-01 Sold (MLS) $74,000 realMLS
• 2007-07-26 Listed $79,900 realMLS

Property tax history

+5.5%/yr

Latest (2025): $1,649 · +10.7% YoY. Source: county tax records.