5610 NW 57th Pl · Ocala, FL 34482

$199,000

3 bd · 2.0 ba · 1,014 sqft · SingleFamily public records · 74 Days on market

Built 2020 8,550 sqft lot $196/sqft · 10% below area Est $221k · 10% under

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Why this score? — see what drove the C- 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 +17.3/30.0
• ARV discount +12.0/15.0
• DSCR +5.4/10.0
• Rent growth +5.0/5.0
• 1% rule +4.5/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 2020-built home located in the desirable Ocala Park Estates community! This well-maintained 3-bedroom, 2-bathroom residence offers 1,014 square feet of comfortable living space, making it ideal for first-time buyers, downsizers, or investors. Step inside to find a freshly painted interior that creates a bright and inviting atmosphere throughout. The open living and dining area flows seamlessly into the kitchen, making it ideal for both everyday living and entertaining. The split-bedroom floor plan provides added privacy, with a cozy primary suite and two additional bedrooms that can easily serve as guest rooms, a home office, or flex space. Outside, enjoy a spacious yard with ample space for outdoor activities, gardening, or future enhancements. Located in a peaceful neighborhood with convenient access to shopping, dining, and major roadways, this home offers both comfort and convenience.

Key facts

• Spacious yard
• 2020 built
• 8,550 sq ft lot

Tags

• 2020 BUILT
• FRESHLY PAINTED INTERIOR
• OPEN LIVING AND DINING AREA
• SPLIT-BEDROOM FLOOR PLAN
• SPACIOUS YARD
• CONVENIENT ACCESS TO SHOPPING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $146 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (4.7% below list).
• Recommended offer: $187k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 4.2% in Ocala — 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 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.
• Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 35% 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 $1k of loan paydown is wiped out by about $6k 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 + 8.0% rent growth), your $56k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $31k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $122k; list at $199k implies a 63% 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; 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 $187,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.95% ✗
• Cap rate: 7.18%
• Cash-on-cash: 3.15%
• DSCR: 1.14
• GRM: 8.7

CMA / ARV

• ARV (median comp): $221,246
• List price: $199,000
• Delta: -10.05%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5641 NW 55th Ave	0.14mi	3/2.0	1,008 (-1%)	10mo	$129,000	$128	84
5931 NW 62nd Pl	0.49mi	3/2.0	1,014 (0%)	1mo	$219,900	$217	76
5810 NW 59th Ave	0.28mi	3/1.5	1,008 (-1%)	19mo	$180,000	$179	68
5290 NW 61st Ln	0.42mi	3/2.0	1,118 (+10%)	2mo	$175,100	$157	61
5831 NW 58th Ter	0.20mi	3/2.0	1,144 (+13%)	13mo	$227,000	$198	59
5238 NW 61st Ln	0.45mi	2/1.0 (-1)	962 (-5%)	16mo	$169,900	$177	48
5548 NW 63rd Pl	0.44mi	3/2.0	1,152 (+14%)	21mo	$190,000	$165	40

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: -5.9%
• Equity multiple: 0.77×
• Total profit: $-12,889
• Equity at exit: $29,672

10-year hold

• IRR: 8.9%
• Equity multiple: 1.83×
• Total profit: $46,456
• Equity at exit: $17,206

Cash invested: $55,720 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,897 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$226 /mo · $2,707/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $146

Break-even live

Break-even rent $1,711

Max offer price $199,000

Occupancy floor 87%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5532 NW 57th Pl Ocala, FL	2.0	2.0	962	$1,295	$1.35	14d	1	0.10mi
5391 NW 55th Ct Ocala, FL	3.0	2.0	1332	$1,650	$1.24	21d	1	0.28mi
6175 NW 59th Ave Ocala, FL	3.0	2.0	1384	$1,745	$1.26	21d	1	0.36mi
5907 NW 64th St Ocala, FL	4.0	2.0	1313	$1,699	$1.29	21d	1	0.55mi
6425 NW 62nd Ter Ocala, FL	3.0	2.0	1349	$3,000	$2.22	21d	1	0.76mi
6440 NW 66th Ct Ocala, FL	3.0	2.0	992	$1,695	$1.71	14d	1	1.13mi

Listing history 21 events

1. 2026-06-16
   statusdays on market $199,000 Pending 74 DOM
2. 2026-06-15
   days on market $199,000 Active 73 DOM
3. 2026-06-14
   days on market $199,000 Active 71 DOM
4. 2026-06-13
   days on market $199,000 Active 70 DOM
5. 2026-06-10
   days on market $199,000 Active 68 DOM
6. 2026-06-09
   days on market $199,000 Active 67 DOM
7. 2026-06-08
   days on market $199,000 Active 66 DOM
8. 2026-06-07
   pricedays on market $199,000 Active 65 DOM
9. 2026-06-03
   days on market $210,000 Active 61 DOM
10. 2026-06-02
    days on market $210,000 Active 60 DOM
11. 2026-06-01
    days on market $210,000 Active 59 DOM
12. 2026-05-31
    days on market $210,000 Active 58 DOM
13. 2026-05-30
    days on market $210,000 Active 57 DOM
14. 2026-04-21
    price $220,000 926-char remark

    Show marketing remark (926 chars)

    Welcome to this charming 2020-built home located in the desirable Ocala Park Estates community! This well-maintained 3-bedroom, 2-bathroom residence offers 1,014 square feet of comfortable living space, making it ideal for first-time buyers, downsizers, or investors. Step inside to find a freshly painted interior that creates a bright and inviting atmosphere throughout. The open living and dining area flows seamlessly into the kitchen, making it ideal for both everyday living and entertaining. The split-bedroom floor plan provides added privacy, with a cozy primary suite and two additional bedrooms that can easily serve as guest rooms, a home office, or flex space. Outside, enjoy a spacious yard with ample space for outdoor activities, gardening, or future enhancements. Located in a peaceful neighborhood with convenient access to shopping, dining, and major roadways, this home offers both comfort and convenience.

15. 2026-04-03
    listed $230,000 Active 926-char remark

    Show marketing remark (926 chars)

    Welcome to this charming 2020-built home located in the desirable Ocala Park Estates community! This well-maintained 3-bedroom, 2-bathroom residence offers 1,014 square feet of comfortable living space, making it ideal for first-time buyers, downsizers, or investors. Step inside to find a freshly painted interior that creates a bright and inviting atmosphere throughout. The open living and dining area flows seamlessly into the kitchen, making it ideal for both everyday living and entertaining. The split-bedroom floor plan provides added privacy, with a cozy primary suite and two additional bedrooms that can easily serve as guest rooms, a home office, or flex space. Outside, enjoy a spacious yard with ample space for outdoor activities, gardening, or future enhancements. Located in a peaceful neighborhood with convenient access to shopping, dining, and major roadways, this home offers both comfort and convenience.

16. 2026-01-22
    historical $1,500
17. 2025-12-18
    listed $1,500
18. 2020-07-30
    soldstatus $121,900 1129-char remark

    Show marketing remark (1129 chars)

    Under Construction. CURRENTLY UNDER CONSTRUCTION! HURRY!! THERE MAY STILL BE TIME TO PICK SOME OF YOUR OWN COLORS! Construction started in February 2020 and is anticipated to be completed in summer 2020. This home is warm and cozy! The open, split plan is perfect for families and visiting guests! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room, and dining area! The kitchen comes complete with a new range, dishwasher, and amble counter space and cabinetry! Enjoy the morning cup of coffee at breakfast bar! Do laundry with ease in the inside laundry room! This home rests just under a 1/4 acre ~ enough room for the family & pets to play but not too much yard work! HURRY! THERE STILL MAY BE TIME TO CHOOSE SOME OF YOUR OWN COLORS! (Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and only to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. )

19. 2020-02-06
    listed $121,900 1129-char remark

    Show marketing remark (1129 chars)

    Under Construction. CURRENTLY UNDER CONSTRUCTION! HURRY!! THERE MAY STILL BE TIME TO PICK SOME OF YOUR OWN COLORS! Construction started in February 2020 and is anticipated to be completed in summer 2020. This home is warm and cozy! The open, split plan is perfect for families and visiting guests! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room, and dining area! The kitchen comes complete with a new range, dishwasher, and amble counter space and cabinetry! Enjoy the morning cup of coffee at breakfast bar! Do laundry with ease in the inside laundry room! This home rests just under a 1/4 acre ~ enough room for the family & pets to play but not too much yard work! HURRY! THERE STILL MAY BE TIME TO CHOOSE SOME OF YOUR OWN COLORS! (Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and only to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. )

20. 2005-11-03
    soldstatus $32,000
21. 1995-02-09
    soldstatus $6,500

ⓘ 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: $2,707 · $226/mo
• Projected year-2 tax: $2,707 · $226/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 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: $22,760
• − Mortgage interest: −$11,147
• − Property taxes: −$2,707
• − Insurance: −$995
• − Repairs & maintenance: −$1,821
• − Management: −$1,821
• − Depreciation: −$5,789
• Taxable loss: −$1,519
• Est. tax savings @ 24.0%: +$365
• After-tax cash flow: $2,121/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 — 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 · 315,796 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: 282.0

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: 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%

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

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

+3284.6% since first listed

8 events — show timeline

• 2026-04-21 Price Changed $220,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Listed $230,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Rental Removed $1,500 APPFOLIO
• 2025-12-18 Listed for Rent $1,500 APPFOLIO
• 2020-07-30 Sold (MLS) $121,900 Stellar MLS as Distributed by MLS Grid
• 2020-02-06 Listed $121,900 Stellar MLS as Distributed by MLS Grid
• 2005-11-03 Sold (Public Records) $32,000 Public Records
• 1995-02-09 Sold (Public Records) $6,500 Public Records

Property tax history

+42.3%/yr

Latest (2025): $2,707 · +7.8% YoY. Source: county tax records.