5390 NE 134th Ave · East Bronson, FL 32696

$234,900

5 bd · 2.0 ba · 1,980 sqft · Manufactured public records · 76 Days on market

Built 2024 0.33 ac lot

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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 +11.7/30.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• DSCR +3.4/10.0
• 1% rule +3.1/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

GREAT PROPERTY CENTRALLY LOCATED OFF HIGHWAY 27 CLOSE TO WILLISTON AND BRONSON . 33 ACRES 2024 DOUBLE WIDE HOME WITH 5 BEDROOMS 3 FULL BATHROOMS LAUNDRY ROOM AMPLE OPEN KITCHEN LOTS OF CLOSETS FOR STORAGE ALL VINYL FLOORS AND AN EXTERIOR COVERED FRONT PORCH 20X64 GREAT FOR FAMILY ENTERTAINING AND ENJOY THE FLORIDA WEATHER. MAKE IT YOURS TODAY!

Key facts

• Ample open kitchen
• 0.33 acre lot
• 3 parking spots

Tags

• AMPLE OPEN KITCHEN
• LOTS OF CLOSETS FOR STORAGE

Property features AI

Finance

• Other: Homestead exempt; Lot approx. 0.33 acres (quarter to less than half acre)

Exterior

• Parking: Carport with 3 spaces
• Utilities: Well water; Septic tank; Cable available; Electricity available
• Home design: Residential manufactured home (double wide); One level; East-facing
• Construction: Vinyl siding; Shingle roof; Block foundation; Crawlspace foundation; Built as double wide manufactured home
• Exterior features: Balcony; Dirt road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 5 bedrooms
• Flooring: Vinyl
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Eat-in kitchen; Living room/dining room combo
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath manufactured listed at $235k.

Deal economics

• At list price, monthly cash flow is $-68 ($-820/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (5.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (19.4% below list).
• Recommended offer: $189k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.4% in East Bronson — 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 62/100 on livability (#768 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D, schools F, amenities F.
• Levy (rural): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 358 active listings in the ZIP; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

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.
• Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $1k; list at $235k implies a 16946% 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 $189,255 (19.4% 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. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 5.94%
• Cash-on-cash: -1.25%
• DSCR: 0.94
• GRM: 10.3

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: -18.4%
• Equity multiple: 0.35×
• Total profit: $-42,426
• Equity at exit: $35,024

10-year hold

• IRR: -10.7%
• Equity multiple: 0.35×
• Total profit: $-42,583
• Equity at exit: $20,310

Cash invested: $65,772 (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 32696

• Home prices YoY: -6.2%
• Active inventory: 358
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,893 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$234 /mo · $2,805/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $-68

Break-even live

Break-even rent $1,979

Max offer price $222,825

Occupancy floor 99%

Sensitivity live

Price	-10% $65	-5% $-2	+0% $-68	+5% $-135	+10% $-201
Rent	-10% $-218	-5% $-143	+0% $-68	+5% $6	+10% $81
Rate	-1.0pp $50	-0.5pp $-9	base $-68	+0.5pp $-129	+1.0pp $-191

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-18
   days on market $234,900 Active 76 DOM
2. 2026-06-17
   days on market $234,900 Active 75 DOM
3. 2026-06-16
   days on market $234,900 Active 74 DOM
4. 2026-06-15
   days on market $234,900 Active 73 DOM
5. 2026-06-14
   days on market $234,900 Active 71 DOM
6. 2026-06-13
   days on market $234,900 Active 70 DOM
7. 2026-06-10
   days on market $234,900 Active 68 DOM
8. 2026-06-09
   days on market $234,900 Active 67 DOM
9. 2026-06-08
   days on market $234,900 Active 66 DOM
10. 2026-06-07
    days on market $234,900 Active 65 DOM
11. 2026-06-05
    days on market $234,900 Active 62 DOM
12. 2026-06-03
    days on market $234,900 Active 61 DOM
13. 2026-06-02
    days on market $234,900 Active 60 DOM
14. 2026-06-01
    days on market $234,900 Active 59 DOM
15. 2026-05-31
    days on market $234,900 Active 58 DOM
16. 2026-05-30
    days on market $234,900 Active 57 DOM
17. 2026-05-21
    price $234,900
18. 2026-04-03
    listed $250,000 Active
19. 1982-06-01
    soldstatus $1,378

ⓘ 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: $2,805 · $234/mo
• Projected year-2 tax: $2,805 · $234/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 6/10 Major
• 🌡 Heat 8/10 Severe 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: $22,711
• − Mortgage interest: −$13,158
• − Property taxes: −$2,805
• − Insurance: −$1,174
• − Repairs & maintenance: −$1,817
• − Management: −$1,817
• − Depreciation: −$6,833
• Taxable loss: −$4,894
• Est. tax savings @ 24.0%: +$1,175
• After-tax cash flow: $354/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: Levy
• NCES district ID: 1201140
• Math proficiency: 45% ▼ -8.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,254
• Composite: 36.42/100
• National rank: #4673
• State rank: #54 of 73 in FL

Livability — East Bronson

• Score: 62/100
• State rank: #768
• US rank: #17230

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 14,532

Population outlook (Levy County) Hauer SSP2

• Today (2025): 36,536 people
• By 2030: 34,498 · -5.6%
• By 2040: 30,294 · -17.1%
• By 2050: 26,368 · -27.8%
• By 2075: 19,003 · -48.0%
• By 2100: 13,169 · -64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Hispanic / Latino 13% Black 13% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4% Cuban 2%
• Common ancestry: Slovak 4% Iranian 2% Lithuanian 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 89% English-only · Spanish 10% Chinese 1%

Political lean MEDSL · Levy

• 2024 margin: Solid R (+50.3) · D 24.6% · R 74.8%
• 2008→2024 swing: -23.3pp toward R · 2008: -26.9pp · 2024: -50.3pp
• All cycles: 2024: R+50.3 2020: R+45.6 2016: R+44.8 2012: R+32.2 2008: R+26.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -21.99%
• Current HPI: 335.7751
• 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

+16946.4% since first listed

3 events — show timeline

• 2026-05-21 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 1982-06-01 Sold (Public Records) $1,378 Public Records

Property tax history

+43.4%/yr

Latest (2025): $2,805 · +3393.7% YoY. Source: county tax records.