13395 NE 65th Ct · Silver Springs, FL 32113

$75,000

3 bd · 2.0 ba · 1,664 sqft · Manufactured public records · 124 Days on market

Built 1995 1.01 ac lot

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

Listing remarks MLS

Opportunity awaits in peaceful Citra, FL in beautiful Marion County! Situated on over an acre of land, this property offers the perfect setting for those craving space, privacy, and the freedom of country living. The mobile home has already had the exterior walls installed, providing a solid start to your vision, while the interior remains ready for completion—allowing you to design and finish the home exactly the way you want. Even better, the current owners have left the materials on-site, giving you a head start on bringing this project to life. Equipped with well water and a septic system, this property offers rural convenience without HOA restrictions—ideal for outdoor enthusiasts, hobby farmers, or anyone looking for room to roam. Nature lovers will appreciate the location, surrounded by nearby stables, campgrounds, and riding trails, and just minutes from Indian Lake State Forest Campground. Enjoy easy access to outdoor adventures at Salt Springs, and the convenience of being a short drive to Ocala and Fort McCoy. Whether you're looking for an investment opportunity, a weekend retreat, or the chance to create your own country escape, this property offers endless potential in a serene North Central Florida setting.

Key facts

• Riding trails
• No hoa restrictions
• Over an acre of land

Tags

• OVER AN ACRE OF LAND
• WELL WATER
• SEPTIC SYSTEM
• NO HOA RESTRICTIONS
• SURROUNDED BY STABLES
• RIDING TRAILS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $548 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.1% vs local median 4.2% in Silver Springs — 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 B — 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.
• Market conditions: 142 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 $519 of loan paydown is wiped out by about $2k 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 $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 124 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $24k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $75k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); 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 $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 124 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 1.97% ✓
• Cap rate: 17.07%
• Cash-on-cash: 38.49%
• DSCR: 2.71
• GRM: 4.2

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: 26.3%
• Equity multiple: 2.09×
• Total profit: $22,855
• Equity at exit: $11,183

10-year hold

• IRR: 33.9%
• Equity multiple: 4.11×
• Total profit: $65,216
• Equity at exit: $6,485

Cash invested: $21,000 (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 32113

• Home prices YoY: -5.5%
• Active inventory: 142
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,479 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$71 /mo · $846/yr
• Insurance: −$31
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $548

Break-even live

Break-even rent $785

Max offer price $75,000

Occupancy floor 58%

Sensitivity live

Price	-10% $591	-5% $570	+0% $548	+5% $527	+10% $506
Rent	-10% $431	-5% $490	+0% $548	+5% $607	+10% $665
Rate	-1.0pp $586	-0.5pp $567	base $548	+0.5pp $529	+1.0pp $509

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-18
   days on market $75,000 Active 124 DOM
2. 2026-06-17
   days on market $75,000 Active 123 DOM
3. 2026-06-16
   days on market $75,000 Active 122 DOM
4. 2026-06-15
   days on market $75,000 Active 121 DOM
5. 2026-06-14
   days on market $75,000 Active 119 DOM
6. 2026-06-13
   days on market $75,000 Active 118 DOM
7. 2026-06-10
   days on market $75,000 Active 116 DOM
8. 2026-06-09
   days on market $75,000 Active 115 DOM
9. 2026-06-08
   days on market $75,000 Active 114 DOM
10. 2026-06-07
    pricedays on market $75,000 Active 113 DOM
11. 2026-06-03
    days on market $79,000 Active 109 DOM
12. 2026-06-02
    days on market $79,000 Active 108 DOM
13. 2026-06-01
    days on market $79,000 Active 107 DOM
14. 2026-05-31
    days on market $79,000 Active 106 DOM
15. 2026-05-30
    days on market $79,000 Active 105 DOM
16. 2026-05-01
    price $79,000 1255-char remark

    Show marketing remark (1255 chars)

    Opportunity awaits in peaceful Citra, FL in beautiful Marion County! Situated on over an acre of land, this property offers the perfect setting for those craving space, privacy, and the freedom of country living. The mobile home has already had the exterior walls installed, providing a solid start to your vision, while the interior remains ready for completion—allowing you to design and finish the home exactly the way you want. Even better, the current owners have left the materials on-site, giving you a head start on bringing this project to life. Equipped with well water and a septic system, this property offers rural convenience without HOA restrictions—ideal for outdoor enthusiasts, hobby farmers, or anyone looking for room to roam. Nature lovers will appreciate the location, surrounded by nearby stables, campgrounds, and riding trails, and just minutes from Indian Lake State Forest Campground. Enjoy easy access to outdoor adventures at Salt Springs, and the convenience of being a short drive to Ocala and Fort McCoy. Whether you're looking for an investment opportunity, a weekend retreat, or the chance to create your own country escape, this property offers endless potential in a serene North Central Florida setting.

17. 2026-04-21
    price $86,900 1255-char remark

    Show marketing remark (1255 chars)

    Opportunity awaits in peaceful Citra, FL in beautiful Marion County! Situated on over an acre of land, this property offers the perfect setting for those craving space, privacy, and the freedom of country living. The mobile home has already had the exterior walls installed, providing a solid start to your vision, while the interior remains ready for completion—allowing you to design and finish the home exactly the way you want. Even better, the current owners have left the materials on-site, giving you a head start on bringing this project to life. Equipped with well water and a septic system, this property offers rural convenience without HOA restrictions—ideal for outdoor enthusiasts, hobby farmers, or anyone looking for room to roam. Nature lovers will appreciate the location, surrounded by nearby stables, campgrounds, and riding trails, and just minutes from Indian Lake State Forest Campground. Enjoy easy access to outdoor adventures at Salt Springs, and the convenience of being a short drive to Ocala and Fort McCoy. Whether you're looking for an investment opportunity, a weekend retreat, or the chance to create your own country escape, this property offers endless potential in a serene North Central Florida setting.

18. 2026-03-20
    price $93,900 1255-char remark

    Show marketing remark (1255 chars)

    Opportunity awaits in peaceful Citra, FL in beautiful Marion County! Situated on over an acre of land, this property offers the perfect setting for those craving space, privacy, and the freedom of country living. The mobile home has already had the exterior walls installed, providing a solid start to your vision, while the interior remains ready for completion—allowing you to design and finish the home exactly the way you want. Even better, the current owners have left the materials on-site, giving you a head start on bringing this project to life. Equipped with well water and a septic system, this property offers rural convenience without HOA restrictions—ideal for outdoor enthusiasts, hobby farmers, or anyone looking for room to roam. Nature lovers will appreciate the location, surrounded by nearby stables, campgrounds, and riding trails, and just minutes from Indian Lake State Forest Campground. Enjoy easy access to outdoor adventures at Salt Springs, and the convenience of being a short drive to Ocala and Fort McCoy. Whether you're looking for an investment opportunity, a weekend retreat, or the chance to create your own country escape, this property offers endless potential in a serene North Central Florida setting.

19. 2026-02-14
    listed $98,900 Active 1255-char remark

    Show marketing remark (1255 chars)

    Opportunity awaits in peaceful Citra, FL in beautiful Marion County! Situated on over an acre of land, this property offers the perfect setting for those craving space, privacy, and the freedom of country living. The mobile home has already had the exterior walls installed, providing a solid start to your vision, while the interior remains ready for completion—allowing you to design and finish the home exactly the way you want. Even better, the current owners have left the materials on-site, giving you a head start on bringing this project to life. Equipped with well water and a septic system, this property offers rural convenience without HOA restrictions—ideal for outdoor enthusiasts, hobby farmers, or anyone looking for room to roam. Nature lovers will appreciate the location, surrounded by nearby stables, campgrounds, and riding trails, and just minutes from Indian Lake State Forest Campground. Enjoy easy access to outdoor adventures at Salt Springs, and the convenience of being a short drive to Ocala and Fort McCoy. Whether you're looking for an investment opportunity, a weekend retreat, or the chance to create your own country escape, this property offers endless potential in a serene North Central Florida setting.

20. 2025-08-04
    soldstatus $50,000
21. 2025-07-28
    soldstatus $50,000 Closed 654-char remark

    Show marketing remark (654 chars)

    Builder & Investor Special in Citra, FL! Don’t miss this hidden gem in Marion County! Situated on a 1.01-acre lot with NO HOA, this property features a mobile home in need of TLC, already filled with materials and partial renovations—just waiting to be completed! Flexible investment opportunity: ? Finish the renovation and maximize resale value. ? Rent it out for an excellent return on investment. ? Take advantage of the spacious land for future development opportunities. Located in a peaceful and high-demand area, this property offers huge potential with minimal investment. Don’t miss out on this great opportunity!

22. 2025-07-10
    status Pending 654-char remark

    Show marketing remark (654 chars)

    Builder & Investor Special in Citra, FL! Don’t miss this hidden gem in Marion County! Situated on a 1.01-acre lot with NO HOA, this property features a mobile home in need of TLC, already filled with materials and partial renovations—just waiting to be completed! Flexible investment opportunity: ? Finish the renovation and maximize resale value. ? Rent it out for an excellent return on investment. ? Take advantage of the spacious land for future development opportunities. Located in a peaceful and high-demand area, this property offers huge potential with minimal investment. Don’t miss out on this great opportunity!

23. 2025-02-18
    listed $55,000 Active 654-char remark

    Show marketing remark (654 chars)

    Builder & Investor Special in Citra, FL! Don’t miss this hidden gem in Marion County! Situated on a 1.01-acre lot with NO HOA, this property features a mobile home in need of TLC, already filled with materials and partial renovations—just waiting to be completed! Flexible investment opportunity: ? Finish the renovation and maximize resale value. ? Rent it out for an excellent return on investment. ? Take advantage of the spacious land for future development opportunities. Located in a peaceful and high-demand area, this property offers huge potential with minimal investment. Don’t miss out on this great opportunity!

24. 2020-06-22
    historical
25. 2020-05-21
    listed $10,995
26. 1995-03-22
    soldstatus $15,500

ⓘ 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: $846 · $71/mo
• Projected year-2 tax: $846 · $71/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 A · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 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 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,751
• − Mortgage interest: −$4,201
• − Property taxes: −$846
• − Insurance: −$1,877
• − Repairs & maintenance: −$1,420
• − Management: −$1,420
• − Depreciation: −$2,182
• Taxable income: $5,804
• Est. tax owed @ 24.0%: −$1,393
• After-tax cash flow: $5,187/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 — Silver Springs

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

Census & demographics

• Population (ZIP): 5,382

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% Black 12% Two or more races 11% Hispanic / Latino 10%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 1%
• Common ancestry: Iranian 3% Serbian 2% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 6% 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: ▼ -16.68%
• Current HPI: 284.1669
• 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

+409.7% since first listed

11 events — show timeline

• 2026-05-01 Price Changed $79,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Price Changed $86,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Price Changed $93,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-14 Listed $98,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-04 Sold (Public Records) $50,000 Public Records
• 2025-07-28 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-02-18 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 2020-06-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-05-21 Listed $10,995 Stellar MLS as Distributed by MLS Grid
• 1995-03-22 Sold (Public Records) $15,500 Public Records

Property tax history

+11.1%/yr

Latest (2025): $846 · +42.7% YoY. Source: county tax records.