Jennings Plan · Ocala, FL 34482

$247,990

2 bd · 2.0 ba · 1,614 sqft · SingleFamily · 1011 Days on market

Good condition ↓ 14% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +7.2/30.0
• Rent growth +5.0/5.0
• Schools +4.3/10.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Embrace modern simplicity in this open concept 2-bedroom, 2-bathroom home. The spacious kitchen features a large island, perfect for both meal preparation and casual dining. The thoughtful design seamlessly connects the living and dining areas, creating an inviting atmosphere filled with natural light. Step outside to a covered lanai, extending your living space outdoors for relaxation or entertaining. This residence is the perfect blend of functionality and style. The primary bedroom is complete with ensuite bath and walk in closets. Residence comes with smart home technology package, "Home is Connected". Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.

Key facts

• 2 garage spots
• Listed 1010 days

🏗️ New construction. The $247,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $349,751.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $248k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-488 ($-6k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (1.5% below list).
• Recommended offer: $218k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, 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.
• Zoned schools: Fessenden Elementary School (math 37% / reading 37%, grade F, #1,609 of 2,144 statewide, top 77%, 417 students, 79% FRL); Howard Middle School (math 47% / reading 50%, grade C-, #274 of 571 statewide, top 50%, 980 students, 60% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL) — zoned schools at 64% FRL track the district average.
• Market conditions: Rents rising fast (+11.1%/yr); 778 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 44% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 1011 days — a 12% lower offer ($218k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,231 (12.0% 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 1011 days. Have you received any prior offers? Is the seller open to a 12% 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.70% ✗
• Cap rate: 4.62%
• Cash-on-cash: -5.98%
• DSCR: 0.73
• GRM: 11.9

CMA / ARV

• ARV (median comp): $349,751
• List price: $247,990
• Delta: -29.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4802 NW 39th Street Rd	0.29mi	2/2.0	1,565 (-3%)	2mo	$256,150	$164	80
4090 NW 44th Cir	0.49mi	2/2.0	1,614 (0%)	1mo	$226,990	$141	76
4031 NW 44th Cir	0.60mi	2/2.0	1,614 (0%)	1mo	$258,165	$160	71
4027 NW 44th Cir	0.60mi	2/2.0	1,614 (0%)	2mo	$255,990	$159	70
4039 NW 44th Cir	0.59mi	2/2.0	1,614 (0%)	3mo	$258,975	$160	70
3997 NW 48th Terrace Rd	0.28mi	2/2.0	1,816 (+12%)	3mo	$291,990	$161	64
5260 NW 46th Lane Rd	0.32mi	2/2.0	1,813 (+12%)	2mo	$300,000	$165	63
4086 NW 44th Cir	0.50mi	3/2.0 (+1)	1,504 (-7%)	3mo	$230,445	$153	58
4575 NW 39th Street Rd	0.42mi	2/2.0	1,816 (+12%)	2mo	$319,000	$176	58
4035 NW 44th Cir	0.59mi	3/2.0 (+1)	1,504 (-7%)	4mo	$249,990	$166	53
4521 NW 37th Street Rd	0.67mi	3/2.0 (+1)	1,742 (+8%)	0mo	$336,687	$193	50
5670 NW 39th Ln	0.51mi	3/2.0 (+1)	1,854 (+15%)	4mo	$310,000	$167	43

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -21.2%
• Equity multiple: 0.24×
• Total profit: $-74,831
• Equity at exit: $52,149

10-year hold

• IRR: -6.1%
• Equity multiple: 0.53×
• Total profit: $-46,326
• Equity at exit: $30,240

Cash invested: $97,930 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 84 active · 29 under contract
• Months of supply: 13.6 mo (7%/mo absorbed)
• Median asking: $290,000 ($178/sqft)
• Median days on market: 141 d
• This list price: 24% of active listings are priced below it
• ARV vs active asking: +21.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34482

• Rents YoY: 11.1%
• Active inventory: 778
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,442 high
• Mortgage (P&I): −$1,834
• Tax est. 1.5%: −$437 /mo · $5,246/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $-488

Break-even live

Break-even rent $3,060

Max offer price $279,103

Occupancy floor —

Sensitivity live

Price	-10% $-247	-5% $-367	+0% $-488	+5% $-609	+10% $-730
Rent	-10% $-681	-5% $-585	+0% $-488	+5% $-392	+10% $-295
Rate	-1.0pp $-312	-0.5pp $-399	base $-488	+0.5pp $-579	+1.0pp $-671

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: $87,438
• Closing costs: $10,493
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4122 NW 48th Terrace Rd Ocala, FL	2.0	2.0	1816	$1,999	$1.10	63d	1	0.21mi
4342 NW 55th Ct Ocala, FL	3.0	2.5	2172	$2,600	$1.20	63d	1	0.35mi
5254 NW 43rd Lane Rd Ocala, FL	3.0	2.0	1728	$3,500	$2.03	70d	1	0.36mi
4859 NW 35th Lane Rd Ocala, FL	2.0	2.0	1666	$2,495	$1.50	70d	1	0.37mi
4743 NW 39th Street Rd Ocala, FL	3.0	2.0	1565	$2,500	$1.60	70d	1	0.38mi
4395 NW 55th Ter Ocala, FL	3.0	2.0	1853	$2,700	$1.46	70d	1	0.38mi
5347 NW 46th Lane Rd Ocala, FL	3.0	2.0	1552	$2,550	$1.64	70d	1	0.38mi
5530 NW 40th Loop Ocala, FL	3.0	2.0	1622	$2,000	$1.23	70d	1	0.40mi
5416 NW 46th Lane Rd Ocala, FL	3.0	2.0	1590	$2,300	$1.45	63d	1	0.44mi
5521 NW 45th Ln Ocala, FL	3.0	2.0	1862	$2,600	$1.40	63d	1	0.45mi
5358 NW 48th Pl Ocala, FL	3.0	2.0	1565	$2,500	$1.60	70d	1	0.46mi
5237 NW 48th Pl Ocala, FL	3.0	2.0	1552	$4,500	$2.90	70d	1	0.46mi
5293 NW 48th Pl Ocala, FL	2.0	2.0	1552	$2,450	$1.58	70d	1	0.47mi
4111 NW 44th Cir Ocala, FL	3.0	2.0	1505	$2,300	$1.53	63d	1	0.47mi
4110 NW 44th Cir Ocala, FL	3.0	2.0	1610	$2,400	$1.49	63d	1	0.47mi
5375 NW 48th Pl Ocala, FL	2.0	2.0	1565	$2,350	$1.50	70d	1	0.49mi
5423 NW 35th Lane Rd Ocala, FL	2.0	2.0	1656	$3,200	$1.93	70d	1	0.49mi
5389 NW 48th Pl Ocala, FL	2.0	2.0	1552	$2,300	$1.48	70d	1	0.49mi
4078 NW 44th Cir Ocala, FL	3.0	2.0	1504	$2,500	$1.66	70d	1	0.53mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	70d	1	0.55mi
5048 NW 35th St Ocala, FL	3.0	2.0	1552	$1,900	$1.22	63d	1	0.56mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,900	$2.20	70d	1	0.62mi
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	70d	1	0.62mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	63d	1	0.63mi
3384 NW 54th Ct Ocala, FL	2.0	2.5	1722	$2,300	$1.34	70d	1	0.64mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	70d	1	0.64mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	70d	1	0.86mi
5391 NW 55th Ct Ocala, FL	3.0	2.0	1332	$1,650	$1.24	70d	1	0.90mi

Listing history 50 events

1. 2026-08-08
   days on market $247,990 Active 1011 DOM
2. 2026-08-07
   days on market $247,990 Active 1010 DOM
3. 2026-08-06
   days on market $247,990 Active 1009 DOM
4. 2026-08-05
   days on market $247,990 Active 1008 DOM
5. 2026-08-03
   days on market $247,990 Active 1006 DOM
6. 2026-07-31
   days on market $247,990 Active 1003 DOM
7. 2026-07-30
   days on market $247,990 Active 1002 DOM
8. 2026-07-29
   days on market $247,990 Active 1001 DOM
9. 2026-07-27
   days on market $247,990 Active 999 DOM
10. 2026-07-25
    days on market $247,990 Active 997 DOM
11. 2026-07-23
    days on market $247,990 Active 995 DOM
12. 2026-07-22
    days on market $247,990 Active 994 DOM
13. 2026-07-21
    days on market $247,990 Active 993 DOM
14. 2026-07-18
    days on market $247,990 Active 990 DOM
15. 2026-07-16
    days on market $247,990 Active 988 DOM
16. 2026-07-16
    days on market $247,990 Active 987 DOM
17. 2026-07-14
    days on market $247,990 Active 986 DOM
18. 2026-07-13
    days on market $247,990 Active 985 DOM
19. 2026-07-12
    days on market $247,990 Active 984 DOM
20. 2026-07-11
    days on market $247,990 Active 983 DOM
21. 2026-07-10
    days on market $247,990 Active 982 DOM
22. 2026-07-10
    days on market $247,990 Active 981 DOM
23. 2026-07-08
    days on market $247,990 Active 980 DOM
24. 2026-07-07
    days on market $247,990 Active 979 DOM
25. 2026-07-06
    days on market $247,990 Active 978 DOM
26. 2026-07-05
    days on market $247,990 Active 977 DOM
27. 2026-07-04
    days on market $247,990 Active 976 DOM
28. 2026-07-03
    days on market $247,990 Active 975 DOM
29. 2026-07-02
    days on market $247,990 Active 974 DOM
30. 2026-07-01
    days on market $247,990 Active 973 DOM
31. 2026-06-30
    days on market $247,990 Active 972 DOM
32. 2026-06-29
    days on market $247,990 Active 971 DOM
33. 2026-06-28
    days on market $247,990 Active 970 DOM
34. 2026-06-28
    days on market $247,990 Active 969 DOM
35. 2026-06-27
    days on market $247,990 Active 968 DOM
36. 2026-06-25
    days on market $247,990 Active 966 DOM
37. 2026-06-23
    days on market $247,990 Active 964 DOM
38. 2026-06-22
    days on market $247,990 Active 963 DOM
39. 2026-06-18
    days on market $247,990 Active 960 DOM
40. 2026-06-17
    days on market $247,990 Active 959 DOM
41. 2026-06-16
    days on market $247,990 Active 958 DOM
42. 2026-06-15
    days on market $247,990 Active 957 DOM
43. 2026-06-14
    days on market $247,990 Active 955 DOM
44. 2026-06-13
    days on market $247,990 Active 954 DOM
45. 2026-06-10
    days on market $247,990 Active 952 DOM
46. 2026-06-09
    days on market $247,990 Active 951 DOM
47. 2026-06-08
    days on market $247,990 Active 950 DOM
48. 2026-06-07
    days on market $247,990 Active 949 DOM
49. 2026-06-03
    days on market $247,990 Active 945 DOM
50. 2026-06-02
    days on market $247,990 Active 944 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,298
• − Mortgage interest: −$19,592
• − Property taxes: −$5,246
• − Insurance: −$1,749
• − Repairs & maintenance: −$2,344
• − Management: −$2,344
• − Depreciation: −$10,175
• Taxable loss: −$12,150
• Est. tax savings @ 24.0%: +$2,916
• After-tax cash flow: $-2,943/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 · 12 photos

Good 80/100 None rehab

This modern, well-maintained single-family home with two bedrooms and two bathrooms is ready for immediate occupancy. It offers a spacious kitchen, two bathrooms, and a covered lanai, making it an ideal property for both resale and rental.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and attract more potential buyers/tenants. ↑
• Both Smart home technology package — The smart home package is already included, so no additional investment is needed for this feature. ↑

F Composite school gradezoned avg 43/100

Zoned Schools

Elementary Fessenden Elementary School F FL #1,609/2,144 Nat'l #21,438/41,679 Middle Howard Middle School C- FL #274/571 Nat'l #3,846/14,009 High West Port High School F FL #255/667 Nat'l #7,439/17,239

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

C Composite livability gradescore 69/100

Livability — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 365,905 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 8% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% Other Indo-European 1%

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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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• Metro: Ocala, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

-14.5% since first listed

6 events — show timeline

• 2025-09-30 Price Changed $247,990 Zillow
• 2025-07-03 Price Changed $265,990 Zillow
• 2025-06-12 Price Changed $267,990 Zillow
• 2024-07-31 Price Changed $275,990 Zillow
• 2024-04-16 Price Changed $290,990 Zillow
• 2023-11-01 Listed $289,990 Zillow