3698 SW 147th St · Marion Oaks, FL 34473

$192,500

3 bd · 2.5 ba · 1,320 sqft · SingleFamily public records · 19 Days on market

Built 1975 7,841 sqft lot Est $223k · 14% under

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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 +16.1/30.0
• ARV discount +13.7/15.0
• DSCR +5.0/10.0
• 1% rule +4.2/10.0
• Schools +3.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BRAND NEW A/C SYSTEM, BRAND NEW ELECTRICAL PANEL, NEW PLUMBING, Roof in 2009, & newer vinyl windows. Even SECO upgraded their lines coming into this house! This 3 bedroom 2 1/2 bathroom house with living room, dining area, family room and inside laundry room is ready for you to move in! Master Bedroom has walk-in closet and bathroom with walk-in shower. Bedroom #2 also has walk-in closet and it's own adorable 1/2 bath. Gutters in front and back of house, 2 storage sheds and paved driveway. This home has had all the big ticket items replaced now all you have to do is move in and make it your own!

Key facts

• Easy access to i75
• Screened back porch
• Bonus room

Tags

• BONUS ROOM
• SCREENED BACK PORCH
• NEW ROOF
• EASY ACCESS TO I75
• SHOPPING INCLUDING PUBLIX

Property features AI

Finance

• Other: Zoned R1; Lot approximately 0.18 acre (79 x 100); Living area reported as 1,320 sq ft (building area 1,693 sq ft)
• Financial info: No lease restrictions indicated; Homestead exempt

Exterior

• Parking: Paved driveway
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single family residence; One-story; East-facing entry
• Construction: Block and concrete construction; Shingle roof; Slab foundation; Built as single-story
• Exterior features: Covered screened patio/porch; Paved lot

Interior

• Kitchen: Range; Dishwasher; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Split bedroom layout
• Laundry & utility: Inside laundry with washer and dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $192k.

Deal economics

• At list price, monthly cash flow is $97 ($1k/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 $178k (7.5% below list).
• Recommended offer: $178k (7.5% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.8% in Marion Oaks — 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.
• Zoned schools: Sunrise Elementary School (math 43% / reading 34%, grade F, #1,575 of 2,144 statewide, top 74%, 1,017 students, 73% FRL); Horizon Academy At Marion Oaks (math 37% / reading 36%, grade F, #405 of 571 statewide, top 72%, 1,067 students, 68% FRL); Dunnellon High School (math 30% / reading 32%, grade F, #429 of 667 statewide, top 65%, 1,350 students, 63% FRL).
• Market conditions: Rents soft (-0.7%/yr); 1380 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $1k of loan paydown is wiped out by about $6k 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 19 days — a 2% lower offer ($190k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y 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.
• Current owner paid $88k; list at $192k implies a 119% 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 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,057 (7.5% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.92% ✗
• Cap rate: 6.90%
• Cash-on-cash: 2.17%
• DSCR: 1.10
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $223,080
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3573 SW 147th Lane Rd	0.18mi	3/2.0	1,328 (+1%)	7mo	$179,900	$135	83
14545 SW 34th Terrace Rd	0.23mi	3/2.0	1,285 (-3%)	11mo	$178,000	$139	74
14530 SW 35th Terrace Rd	0.16mi	2/2.0 (-1)	1,325 (+0%)	18mo	$199,000	$150	70
3530 SW 147th Lane Road Rd	0.14mi	3/1.5	1,184 (-10%)	8mo	$129,000	$109	65
4365 SW 151st St	0.50mi	3/2.0	1,315 (-0%)	12mo	$269,900	$205	64
173 Marion Oaks Ln	0.33mi	2/2.0 (-1)	1,289 (-2%)	15mo	$159,000	$123	62
15011 SW 37th Ter	0.32mi	2/2.0 (-1)	1,240 (-6%)	18mo	$210,000	$169	53
14556 SW 45th Cir	0.64mi	3/2.0	1,378 (+4%)	14mo	$238,900	$173	49
4095 SW 144th St	0.49mi	3/2.0	1,483 (+12%)	12mo	$206,000	$139	44
15068 SW 43rd Ct	0.70mi	3/2.0	1,246 (-6%)	16mo	$250,000	$201	43
14870 SW 43rd Ct	0.66mi	3/2.0	1,458 (+10%)	15mo	$303,500	$208	37
14742 SW 43rd Terrace Rd	0.64mi	3/2.0	1,514 (+15%)	15mo	$272,500	$180	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -16.2%
• Equity multiple: 0.44×
• Total profit: $-30,197
• Equity at exit: $28,702

10-year hold

• IRR: -14.3%
• Equity multiple: 0.29×
• Total profit: $-38,421
• Equity at exit: $16,644

Cash invested: $53,900 (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 34473

• Home prices YoY: -16.8%
• Rents YoY: -0.7%
• Active inventory: 1380
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,781 high
• Mortgage (P&I): −$1,009
• Tax from tax record: −$220 /mo · $2,635/yr
• Insurance: −$80
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $97

Break-even live

Break-even rent $1,657

Max offer price $192,500

Occupancy floor 90%

Sensitivity live

Price	-10% $206	-5% $152	+0% $97	+5% $43	+10% $-12
Rent	-10% $-43	-5% $27	+0% $97	+5% $168	+10% $238
Rate	-1.0pp $194	-0.5pp $146	base $97	+0.5pp $47	+1.0pp $-3

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: $48,125
• Closing costs: $5,775
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14856 SW 35th Cir Ocala, FL	2.0	2.0	1036	$1,450	$1.40	16d	1	0.18mi
14430 SW 34th Terrace Rd Ocala, FL	2.0	2.0	1025	$1,350	$1.32	16d	1	0.29mi
3313 SW 147th St Ocala, FL	2.0	2.0	1121	$1,400	$1.25	23d	1	0.32mi
3500 SW 150th Lane Rd Ocala, FL	3.0	2.0	1789	$1,750	$0.98	16d	1	0.35mi
3567 SW 151st St Ocala, FL	2.0	2.0	1126	$1,450	$1.29	23d	1	0.37mi
14525 SW 42nd Terrace Rd Ocala, FL	3.0	2.0	1344	$1,850	$1.38	16d	1	0.64mi
4309 SW 143rd Lane Rd Ocala, FL	3.0	2.0	1238	$1,799	$1.45	16d	1	0.70mi
15415 SW 34th Ave Ocala, FL	3.0	2.0	1650	$1,895	$1.15	23d	1	0.75mi
2211 SW 153rd Place Rd Ocala, FL	4.0	2.0	1730	$2,000	$1.16	23d	1	0.76mi
4484 SW 151st St Ocala, FL	4.0	2.0	1578	$1,750	$1.11	23d	1	0.84mi
4572 SW 149th St Ocala, FL	4.0	2.0	1751	$1,950	$1.11	23d	1	0.86mi
14007 SW 30th Terrace Rd Ocala, FL	3.0	2.0	1710	$1,675	$0.98	23d	1	0.88mi
2730 SW 145th Place Rd Ocala, FL	3.0	2.0	1373	$1,725	$1.26	23d	1	0.89mi
15712 SW 37th Cir Ocala, FL	3.0	2.0	1822	$1,850	$1.02	23d	1	0.90mi
14193 SW 44th Ct Ocala, FL	3.0	2.0	1449	$1,599	$1.10	16d	1	0.91mi
3011 SW 140th Loop Ocala, FL	3.0	2.0	1335	$1,695	$1.27	23d	1	0.92mi
4004 SW 138th Pl Ocala, FL	3.0	2.0	1348	$1,695	$1.26	23d	1	0.92mi
14614 SW 46th Ct Ocala, FL	3.0	2.0	1200	$1,800	$1.50	23d	1	0.93mi
14245 SW 28th Ct Ocala, FL	4.0	2.0	1774	$1,900	$1.07	16d	1	0.96mi
14919 SW 46th Cir Ocala, FL	4.0	3.0	1870	$2,000	$1.07	16d	1	0.97mi
2632 SW 145th Place Rd Ocala, FL	3.0	2.0	1488	$1,675	$1.13	16d	1	0.97mi
422 Marion Oaks Crse Ocala, FL	4.0	2.0	1578	$1,900	$1.20	16d	1	0.97mi
2598 SW 147th Pl Ocala, FL	3.0	2.0	1442	$1,750	$1.21	16d	1	0.98mi
15729 SW 34th Court Rd Ocala, FL	2.0	2.0	984	$1,400	$1.42	16d	1	0.98mi
15739 SW 34th Court Rd Ocala, FL	2.0	2.0	984	$1,400	$1.42	16d	1	0.99mi
15434 SW 29th Terrace Rd Ocala, FL	3.0	2.0	1399	$1,780	$1.27	16d	1	1.00mi
14843 SW 48th Ave Ocala, FL	4.0	2.0	1573	$1,725	$1.10	23d	1	1.03mi
2663 SW 152nd Ln Ocala, FL	3.0	2.0	1212	$1,600	$1.32	16d	1	1.04mi
15568 SW 46th Cir Ocala, FL	4.0	2.0	1833	$2,200	$1.20	16d	1	1.05mi
14587 SW 25th Ter Ocala, FL	4.0	2.0	1580	$1,750	$1.11	23d	1	1.07mi
14965 SW 48th Ave Ocala, FL	4.0	2.0	1342	$1,700	$1.27	16d	1	1.07mi
2603 SW 152nd Ln Ocala, FL	3.0	1.5	1402	$1,550	$1.11	16d	1	1.09mi
13731 SW 40th Cir Ocala, FL	3.0	2.0	1463	$1,695	$1.16	16d	1	1.10mi
15755 SW 33rd Avenue Rd Unit 1 Ocala, FL	3.0	2.0	1107	$1,300	$1.17	23d	1	1.10mi
15831 SW 34th Court Rd Ocala, FL	3.0	2.0	1402	$1,715	$1.22	16d	1	1.10mi
15018 SW 48th Ave Ocala, FL	3.0	2.0	1413	$1,625	$1.15	16d	1	1.11mi
251 Marion Oaks Crse Ocala, FL	3.0	2.0	1373	$1,795	$1.31	23d	1	1.12mi
15885 SW 35th Court Rd Unit 1 Ocala, FL	3.0	2.0	1201	$1,550	$1.29	23d	1	1.12mi
2705 SW 153rd Place Rd Ocala, FL	4.0	2.0	1580	$1,745	$1.10	23d	1	1.16mi
13805 SW 43rd Cir Ocala, FL	4.0	2.0	1494	$1,800	$1.20	23d	1	1.17mi

Listing history 24 events

1. 2026-06-09
   status $192,500 Pending 19 DOM
2. 2026-06-08
   days on market $192,500 Active 19 DOM
3. 2026-06-07
   days on market $192,500 Active 18 DOM
4. 2026-06-03
   days on market $192,500 Active 14 DOM
5. 2026-06-02
   days on market $192,500 Active 13 DOM
6. 2026-06-01
   days on market $192,500 Active 12 DOM
7. 2026-05-31
   days on market $192,500 Active 11 DOM
8. 2026-05-30
   days on market $192,500 Active 10 DOM
9. 2026-05-20
   listed $192,500 Active
10. 2021-04-01
    status Pending
11. 2018-03-23
    soldstatus $87,900
12. 2018-01-19
    historical
13. 2018-01-19
    historical
14. 2018-01-18
    listed $87,900
15. 2016-12-13
    soldstatus $68,000
16. 2016-12-07
    soldstatus $68,000 610-char remark

    Show marketing remark (610 chars)

    BRAND NEW A/C SYSTEM, BRAND NEW ELECTRICAL PANEL, NEW PLUMBING, Roof in 2009, & newer vinyl windows. Even SECO upgraded their lines coming into this house! This 3 bedroom 2 1/2 bathroom house with living room, dining area, family room and inside laundry room is ready for you to move in! Master Bedroom has walk-in closet and bathroom with walk-in shower. Bedroom #2 also has walk-in closet and it's own adorable 1/2 bath. Gutters in front and back of house, 2 storage sheds and paved driveway. This home has had all the big ticket items replaced now all you have to do is move in and make it your own!

17. 2016-09-29
    listed $68,000 610-char remark

    Show marketing remark (610 chars)

    BRAND NEW A/C SYSTEM, BRAND NEW ELECTRICAL PANEL, NEW PLUMBING, Roof in 2009, & newer vinyl windows. Even SECO upgraded their lines coming into this house! This 3 bedroom 2 1/2 bathroom house with living room, dining area, family room and inside laundry room is ready for you to move in! Master Bedroom has walk-in closet and bathroom with walk-in shower. Bedroom #2 also has walk-in closet and it's own adorable 1/2 bath. Gutters in front and back of house, 2 storage sheds and paved driveway. This home has had all the big ticket items replaced now all you have to do is move in and make it your own!

18. 2016-07-27
    historical
19. 2016-02-05
    listed $64,000
20. 2007-05-30
    historical
21. 2005-11-29
    listed $129,900
22. 2005-09-29
    soldstatus $105,000
23. 1995-07-05
    soldstatus $37,900
24. 1976-02-01
    soldstatus $22,500

ⓘ 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: $2,635 · $220/mo
• Projected year-2 tax: $2,635 · $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 7 d/yr ≥108°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 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,367
• − Mortgage interest: −$10,783
• − Property taxes: −$2,635
• − Insurance: −$962
• − Repairs & maintenance: −$1,709
• − Management: −$1,709
• − Depreciation: −$5,600
• Taxable loss: −$2,033
• Est. tax savings @ 24.0%: +$488
• After-tax cash flow: $1,656/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 — Marion Oaks

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

Census & demographics

• Census place: Marion Oaks, FL
• County: Marion County · 315,796 people
• City population: 25,030
• Metro: Ocala, FL
• Population (ZIP): 26,813
• Household income: $72,366
• Rent vs Own: 21.5% rent · 78.5% own
• Severe rent burden: 228.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 34% Black 33% Hispanic / Latino 29% Two or more races 19% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 17% Cuban 3%
• Common ancestry: Hispanic 3% Portuguese 2% Romanian 1%
• Foreign-born: 17% · Canada, Jamaica
• Languages at home: 67% English-only · Spanish 27% French/Haitian/Cajun 4% 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: ▼ -45.25%
• Current HPI: 224.3536
• Rent YoY: ▼ -0.67%
• 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

+755.6% since first listed

17 events — show timeline

• 2026-06-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-20 Listed $192,500 Stellar MLS as Distributed by MLS Grid
• 2021-04-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-03-23 Sold (Public Records) $87,900 Public Records
• 2018-01-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-01-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-01-18 Listed $87,900 Stellar MLS as Distributed by MLS Grid
• 2016-12-13 Sold (Public Records) $68,000 Public Records
• 2016-12-07 Sold (MLS) $68,000 Stellar MLS as Distributed by MLS Grid
• 2016-09-29 Listed $68,000 Stellar MLS as Distributed by MLS Grid
• 2016-07-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-02-05 Listed $64,000 Stellar MLS as Distributed by MLS Grid
• 2007-05-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-11-29 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2005-09-29 Sold (Public Records) $105,000 Public Records
• 1995-07-05 Sold (Public Records) $37,900 Public Records
• 1976-02-01 Sold (Public Records) $22,500 Public Records

Property tax history

+14.0%/yr

Latest (2025): $2,635 · +10.6% YoY. Source: county tax records.