22695 NE 130th Court Rd · Interlachen, FL 32134

$130,000

2 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 171 Days on market

Built 2002 2.71 ac lot $107/sqft · 50% below area

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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 +27.5/30.0
• DSCR +9.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• Schools +3.6/10.0
• 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

Situated on 2.7 acres in the true town of Orange Springs (mailing address Fort McCoy), this property offers usable land with existing infrastructure in place- including well, septic, and electric- making it suitable for renovation, replacement, or new construction. This single-wide mobile home with over 1,200 sqft is currently occupied and is being sold as-is. The home includes a primary bedroom with a huge walk-in closet. Buyers may choose to renovate, occupy during improvements, or use the home temporarily while planning new construction. The property is agricultural zoning, allowing for horses, chickens, gardens, and homesteading freedom. Additional features include a paved road frontage, 3-year-old chain-link fencing along the front, an aluminum shed, and an aluminum carport. Located between Ocala and Gainesville and approximately 10 minutes to the river -take advantage of this opportunity. Land value, zoning, and existing utilities are primary drivers of this offering.

Key facts

• Agricultural zoning
• Aluminum shed
• Paved road frontage

Tags

• USABLE LAND
• EXISTING INFRASTRUCTURE
• AGRICULTURAL ZONING
• PAVED ROAD FRONTAGE
• CHAIN-LINK FENCING
• ALUMINUM SHED

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $386 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 5.6% in Interlachen — 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 67/100 on livability (#540 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, 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: 299 active listings in the ZIP; 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 $899 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 171 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $25k; list at $130k implies a 422% 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; 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 $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 171 days. Have you received any prior offers? Is the seller open to a 12% 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: 1.17% ✓
• Cap rate: 9.85%
• Cash-on-cash: 12.71%
• DSCR: 1.57
• GRM: 7.2

CMA / ARV

• ARV (median comp): $261,318
• List price: $130,000
• Delta: -50.25%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
22457 NE 130th Court Rd	0.25mi	3/2.0 (+1)	1,300 (+7%)	4mo	$287,000	$221	69

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.5%
• Equity multiple: 1.10×
• Total profit: $3,460
• Equity at exit: $19,383

10-year hold

• IRR: 12.0%
• Equity multiple: 1.95×
• Total profit: $34,509
• Equity at exit: $11,240

Cash invested: $36,400 (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 32134

• Home prices YoY: -24.4%
• Active inventory: 299
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,515 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$75 /mo · $903/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $386

Break-even live

Break-even rent $1,027

Max offer price $130,000

Occupancy floor 70%

Sensitivity live

Price	-10% $459	-5% $422	+0% $386	+5% $349	+10% $312
Rent	-10% $266	-5% $326	+0% $386	+5% $445	+10% $505
Rate	-1.0pp $451	-0.5pp $419	base $386	+0.5pp $352	+1.0pp $318

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $130,000 Active 171 DOM
2. 2026-06-17
   days on market $130,000 Active 170 DOM
3. 2026-06-16
   days on market $130,000 Active 169 DOM
4. 2026-06-15
   days on market $130,000 Active 168 DOM
5. 2026-06-14
   days on market $130,000 Active 166 DOM
6. 2026-06-13
   days on market $130,000 Active 165 DOM
7. 2026-06-10
   days on market $130,000 Active 163 DOM
8. 2026-06-09
   days on market $130,000 Active 162 DOM
9. 2026-06-08
   days on market $130,000 Active 161 DOM
10. 2026-06-07
    days on market $130,000 Active 160 DOM
11. 2026-06-03
    days on market $130,000 Active 156 DOM
12. 2026-06-02
    days on market $130,000 Active 155 DOM
13. 2026-05-31
    days on market $130,000 Active 153 DOM
14. 2026-05-30
    days on market $130,000 Active 152 DOM
15. 2025-12-26
    listed $130,000 Active 997-char remark

    Show marketing remark (997 chars)

    Situated on 2.7 acres in the true town of Orange Springs (mailing address Fort McCoy), this property offers usable land with existing infrastructure in place- including well, septic, and electric- making it suitable for renovation, replacement, or new construction. This single-wide mobile home with over 1,200 sqft is currently occupied and is being sold as-is. The home includes a primary bedroom with a huge walk-in closet. Buyers may choose to renovate, occupy during improvements, or use the home temporarily while planning new construction. The property is agricultural zoning, allowing for horses, chickens, gardens, and homesteading freedom. Additional features include a paved road frontage, 3-year-old chain-link fencing along the front, an aluminum shed, and an aluminum carport. Located between Ocala and Gainesville and approximately 10 minutes to the river -take advantage of this opportunity. Land value, zoning, and existing utilities are primary drivers of this offering.

16. 1999-12-01
    soldstatus $24,900

ⓘ 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: $903 · $75/mo
• Projected year-2 tax: $1,079 · $90/mo
• Expected delta: +$176/yr (+$15/mo · 19.5%)

ⓘ 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 · 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: $18,178
• − Mortgage interest: −$7,282
• − Property taxes: −$903
• − Insurance: −$650
• − Repairs & maintenance: −$1,454
• − Management: −$1,454
• − Depreciation: −$3,782
• Taxable income: $2,653
• Est. tax owed @ 24.0%: −$637
• After-tax cash flow: $3,990/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 — Interlachen

• Score: 67/100
• State rank: #540
• US rank: #10162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 11,580
• Population (ZIP): 7,400

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 (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Italian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -72.45%
• Current HPI: 224.9549
• 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

+422.1% since first listed

2 events — show timeline

• 2025-12-26 Listed $130,000 realMLS
• 1999-12-01 Sold (Public Records) $24,900 Public Records

Property tax history

+5.3%/yr

Latest (2025): $903 · +32.1% YoY. Source: county tax records.