7131 NE 69th Ln · East Bronson, FL 32621

$115,900

3 bd · 2.0 ba · 1,056 sqft · Manufactured · 12 Days on market

Built 1982 Poor condition 5.00 ac lot Est $199k · 42% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• Appreciation +6.2/10.0
• Schools +3.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks

Opportunity awaits on this 5-acre parcel located on NE 69th Lane in the desirable Williston/Bronson area of Levy County, Florida. This property offers paved road access and includes a mobile home that will require extensive renovation or possible removal. The value here is in the land and the long-term potential. Whether you're an investor, handyman, or buyer looking for affordable acreage to improve over time, this property presents a chance to create equity in a steadily growing North Central Florida market. The 5-acre tract provides ample space for a replacement manufactured home, new site-built residence, mini-farm setup, workshop, equipment storage, or recreational use. With room for a

Key facts

• Mini farm setup
• Paved road access
• Workshop

Tags

• 5 ACRE PARCEL
• PAVED ROAD ACCESS
• REPLACEMENT MANUFACTURED HOME
• NEW SITE BUILT RESIDENCE
• MINI FARM SETUP
• WORKSHOP

Property features AI

Exterior

• Utilities: Private well water
• Home design: Manufactured home; Residential property
• Exterior features: Metal roof; 5-acre lot; Zoned for agriculture

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Central heating; Electric heating; Central air conditioning

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $116k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $494 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $116k).
• Cap rate 11.4% 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: 153 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($801 loan paydown + $3k appreciation (2.4% local appreciation)).
• Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.4% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $115,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.41% ✓
• Cap rate: 11.41%
• Cash-on-cash: 18.28%
• DSCR: 1.81
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $198,528
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6810 NE 100th Ct	0.32mi	3/2.0	960 (-9%)	10mo	$180,000	$188	62
7551 NE 97th Ct	0.64mi	3/2.0	1,152 (+9%)	8mo	$139,000	$121	48

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

Projected returns pro-forma

2.35% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.3%
• Equity multiple: 2.28×
• Total profit: $41,512
• Equity at exit: $47,910

10-year hold

• IRR: 24.8%
• Equity multiple: 4.35×
• Total profit: $108,766
• Equity at exit: $70,718

Cash invested: $32,452 (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 32621

• Home prices YoY: 0.7%
• Active inventory: 153
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,639 medium
• Mortgage (P&I): −$608
• Tax est. 1.5%: −$145 /mo · $1,738/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $494

Break-even live

Break-even rent $1,014

Max offer price $115,900

Occupancy floor 65%

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: $28,975
• Closing costs: $3,477
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10230 NE 72nd St Bronson, FL	3.0	2.0	1071	$1,595	$1.49	21d	1	0.59mi
6057 NE 87th Ave Bronson, FL	3.0	2.0	936	$1,750	$1.87	21d	1	1.33mi

Listing history 11 events

1. 2026-06-18
   days on market $115,900 Active 12 DOM
2. 2026-06-17
   days on market $115,900 Active 11 DOM
3. 2026-06-16
   days on market $115,900 Active 10 DOM
4. 2026-06-15
   days on market $115,900 Active 9 DOM
5. 2026-06-14
   days on market $115,900 Active 7 DOM
6. 2026-06-13
   days on market $115,900 Active 6 DOM
7. 2026-06-10
   days on market $115,900 Active 4 DOM
8. 2026-06-09
   days on market $115,900 Active 3 DOM
9. 2026-06-08
   days on market $115,900 Active 2 DOM
10. 2026-06-07
    remarks 699-char remark
11. 2026-06-07
    listed $115,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,674
• − Mortgage interest: −$6,492
• − Property taxes: −$1,738
• − Insurance: −$580
• − Repairs & maintenance: −$1,574
• − Management: −$1,574
• − Depreciation: −$3,372
• Taxable income: $4,344
• Est. tax owed @ 24.0%: −$1,043
• After-tax cash flow: $4,888/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.

Condition & rehab AI · 14 photos

Poor 20/100 Extensive rehab

This property requires extensive renovation, including landscaping, fencing, interior repairs, and structural repairs. The land has significant potential for development but needs substantial work to be move-in ready.

Repairs flagged

• Major landscaping — Overgrown vegetation needs trimming and landscaping
• Major fencing — No visible fencing
• Major roof — No visible roof
• Major siding — No visible siding
• Major interior walls — General disrepair and missing furniture
• Major flooring — Worn carpet

Value-add opportunities

• Both Landscaping and fencing — Improves curb appeal and safety
• Both Interior repairs and furniture — Enhances livability and aesthetics
• Both Roof and siding repairs — Ensures structural integrity and enhances curb appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
landscaping · Overgrown vegetation needs trimming and landscaping	Major	$15,000–50,000
fencing · No visible fencing	Major	$15,000–50,000
roof · No visible roof	Major	$15,000–50,000
siding · No visible siding	Major	$15,000–50,000
interior walls · General disrepair and missing furniture	Major	$15,000–50,000
flooring · Worn carpet	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both Landscaping and fencing — Improves curb appeal and safety ↑
• Both Interior repairs and furniture — Enhances livability and aesthetics ↑
• Both Roof and siding repairs — Ensures structural integrity and enhances curb appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

• Census place: East Bronson, FL
• Population (ZIP): 5,540

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 (68%)
• Race & ethnicity: White 68% Hispanic / Latino 14% Black 9% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 6% Cuban 1%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 8%

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: ▲ 2.35%
• Current HPI: 340.879
• 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

1 event — show timeline

• 2026-06-07 Listed $115,900 NFMLS