717 NW 253rd St · Newberry, FL 32669

$159,950

4 bd · 2.0 ba · 2,459 sqft · SingleFamily public records · 38 Days on market

Built 1975 10,019 sqft 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 +4.3/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special in the heart of Newberry! This fixer-upper at 717 NW 253rd St offers a fantastic opportunity to renovate, customize, and add value. Situated on a spacious lot, this property is ideal for investors, flippers, or buyers looking to create their own Florida retreat. The home features a functional layout with solid bones and plenty of potential for transformation. With the right vision and updates, this property can be turned into a primary residence, rental, or seasonal getaway. The generous yard provides ample space for outdoor living, expansion, or storage for boats and recreational vehicles. It also offers a large pool. Located just a short drive to multiple state parks, natural springs and wildlife reserves, residents enjoy easy access to Paynes Prairie Reserve and Ginnie Springs. For a slightly longer trip the Gulf of Mexico is also only an hour away. Property is occupied. Please do not approach or access this property.

Key facts

• Generous yard
• Large pool
• Spacious lot

Tags

• SPACIOUS LOT
• GENEROUS YARD
• LARGE POOL
• EASY ACCESS TO STATE PARKS
• EASY ACCESS TO NATURAL SPRINGS
• EASY ACCESS TO GINNIE SPRINGS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $891 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 4.0% in Newberry — 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 68/100 on livability (#524 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety D, amenities F, commute F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Newberry Elementary School (math 43% / reading 48%, grade D-, #1,247 of 2,144 statewide, top 59%, 661 students, 44% FRL); Oak View Middle School (math 58% / reading 59%, grade B, #148 of 571 statewide, top 26%, 964 students, 49% FRL); Newberry High School (math 35% / reading 54%, grade F, #237 of 667 statewide, top 36%, 728 students, 50% FRL) — zoned schools at 48% FRL track the district average.
• Market conditions: Rents rising (+3.6%/yr); 420 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).
• This rent runs 33% of the median local income ($100k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.6% rent growth), your $45k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,151 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 1.73% ✓
• Cap rate: 12.98%
• Cash-on-cash: 23.87%
• DSCR: 2.06
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.57% rent growth · sell at horizon

5-year hold

• IRR: 17.8%
• Equity multiple: 1.73×
• Total profit: $32,572
• Equity at exit: $23,849

10-year hold

• IRR: 26.8%
• Equity multiple: 3.43×
• Total profit: $108,709
• Equity at exit: $13,830

Cash invested: $44,786 (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 32669

• Home prices YoY: -22.1%
• Rents YoY: 3.6%
• Active inventory: 420
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $2,773 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$395 /mo · $4,738/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$582
• Net cashflow: $891

Break-even live

Break-even rent $1,646

Max offer price $159,950

Occupancy floor 63%

Sensitivity live

Price	-10% $981	-5% $936	+0% $891	+5% $845	+10% $800
Rent	-10% $672	-5% $781	+0% $891	+5% $1,000	+10% $1,110
Rate	-1.0pp $971	-0.5pp $931	base $891	+0.5pp $849	+1.0pp $807

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: $39,988
• Closing costs: $4,798
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1100 NW 248th Dr Newberry, FL	4.0	2.5	2148	$2,600	$1.21	22d	1	0.82mi
24672 NW 11th Pl Newberry, FL	5.0	3.0	2370	$2,600	$1.10	15d	1	0.89mi
2113 NW 247th Dr Newberry, FL	4.0	3.0	2801	$2,600	$0.93	22d	1	1.48mi
24722 SW 21st Ln Newberry, FL	3.0	2.0	2017	$2,400	$1.19	22d	1	1.50mi

Listing history 12 events

1. 2026-06-21
   days on market $159,950 Active 38 DOM
2. 2026-06-18
   days on market $159,950 Active 35 DOM
3. 2026-06-17
   days on market $159,950 Active 34 DOM
4. 2026-06-16
   pricestatusdays on market $159,950 Active 33 DOM
5. 2026-04-17
   listed $169,950 Active 951-char remark

   Show marketing remark (951 chars)

   Investor special in the heart of Newberry! This fixer-upper at 717 NW 253rd St offers a fantastic opportunity to renovate, customize, and add value. Situated on a spacious lot, this property is ideal for investors, flippers, or buyers looking to create their own Florida retreat. The home features a functional layout with solid bones and plenty of potential for transformation. With the right vision and updates, this property can be turned into a primary residence, rental, or seasonal getaway. The generous yard provides ample space for outdoor living, expansion, or storage for boats and recreational vehicles. It also offers a large pool. Located just a short drive to multiple state parks, natural springs and wildlife reserves, residents enjoy easy access to Paynes Prairie Reserve and Ginnie Springs. For a slightly longer trip the Gulf of Mexico is also only an hour away. Property is occupied. Please do not approach or access this property.

6. 2018-08-16
   soldstatus $147,000 784-char remark

   Show marketing remark (784 chars)

   GREAT DEAL on this 4/1.5 POOL HOME. NEW ROOF, RENOVATED, REDONE BATHROOMS AND MORE! Newer appliances, Great Location and great neighbors! Located 15 minutes from I-75 in the heart of Newberry Florida this spacious +/-2,400 Sq Ft. pool home on a fenced corner lot offers so much for a low price. Four bedrooms, a common full bath and a private half bathroom with room to spare. The home has two large permitted additions that can be used as florida room, game room, home office or whatever! Home is on a large corner lot and has a wonderful back yard and pool area. Buy for yourself or rent it! Valued at $175K on Zillow and $180K on Trulia (as of 5/3/2018) this home is in " Move In " condition priced to sell! Make it yours today! Home is in "Move In" condition.

7. 2018-05-03
   listed $168,000 784-char remark

   Show marketing remark (784 chars)

   GREAT DEAL on this 4/1.5 POOL HOME. NEW ROOF, RENOVATED, REDONE BATHROOMS AND MORE! Newer appliances, Great Location and great neighbors! Located 15 minutes from I-75 in the heart of Newberry Florida this spacious +/-2,400 Sq Ft. pool home on a fenced corner lot offers so much for a low price. Four bedrooms, a common full bath and a private half bathroom with room to spare. The home has two large permitted additions that can be used as florida room, game room, home office or whatever! Home is on a large corner lot and has a wonderful back yard and pool area. Buy for yourself or rent it! Valued at $175K on Zillow and $180K on Trulia (as of 5/3/2018) this home is in " Move In " condition priced to sell! Make it yours today! Home is in "Move In" condition.

8. 2017-11-21
   soldstatus $45,000
9. 2017-10-24
   historical
10. 2017-09-29
    listed $79,900
11. 1993-12-23
    soldstatus $46,200
12. 1993-05-11
    soldstatus $17,500

ⓘ 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: $4,738 · $395/mo
• Projected year-2 tax: $4,738 · $395/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 ≥108°F today · 23 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: $33,281
• − Mortgage interest: −$8,960
• − Property taxes: −$4,738
• − Insurance: −$800
• − Repairs & maintenance: −$2,662
• − Management: −$2,662
• − Depreciation: −$4,653
• Taxable income: $8,805
• Est. tax owed @ 24.0%: −$2,113
• After-tax cash flow: $8,575/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: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Newberry

• Score: 68/100
• State rank: #524
• US rank: #9753

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newberry, FL
• County: Alachua County · 218,005 people
• City population: 17,704
• Metro: Gainesville, FL
• Population (ZIP): 17,704
• Household income: $99,548
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 161.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 61% Hispanic / Latino 15% Two or more races 14% Black 13% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6%
• Common ancestry: Slovak 4% Romanian 3% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 2% Other Asian/Pacific 2%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.83%
• Current HPI: 263.4335
• Rent YoY: ▲ 3.57%
• Metro: Gainesville, FL
• 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

+871.1% since first listed

8 events — show timeline

• 2026-04-17 Listed $169,950 Stellar MLS as Distributed by MLS Grid
• 2018-08-16 Sold (MLS) $147,000 Stellar MLS as Distributed by MLS Grid
• 2018-05-03 Listed $168,000 Stellar MLS as Distributed by MLS Grid
• 2017-11-21 Sold (Public Records) $45,000 Public Records
• 2017-10-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-09-29 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 1993-12-23 Sold (Public Records) $46,200 Public Records
• 1993-05-11 Sold (Public Records) $17,500 Public Records

Property tax history

+4.7%/yr

Latest (2025): $4,738 · +7.1% YoY. Source: county tax records.