3151 NW 44th Ave #32 · Ocala, FL 34482

$89,999

2 bd · 2.0 ba · 1,352 sqft · Manufactured · 339 Days on market

Manufactured home Built 2025 Good condition $67/sqft · 36% below area Est $140k · 36% under

---

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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +5.0/5.0
• Schools +4.4/10.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -6.8

Listing remarks MLS

Brand New Skyline Home - "The Magnolia"Be the first to own this beautifully designed 2 bedroom, 2 bathroom home featuring a half covered porch-perfect for relaxing outdoors. Price Includes: Complete set-up, A/C & heat, carport, skirting, driveway, storage shed, and essential appliances including refrigerator, stove, microwave, and dishwasher. Features: Drywall throughout, kitchen with stainless steel appliances, 60" enclosed shower in the master bath, steps and railings, and pre-plumbed washer/dryer hook-ups. Backed by a 12-month limited warranty for peace of mind. Photos are builder renderings and may vary depending on the selected floor plan.

Key facts

• Half covered porch
• 60 enclosed shower
• 2 parking spots

Tags

• HALF COVERED PORCH
• STAINLESS STEEL APPLIANCES
• 60 ENCLOSED SHOWER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $90k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $714 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.7% 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.
• Zoned schools: 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).
• Market conditions: Rents rising fast (+11.1%/yr); 975 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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 32% 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 339 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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 $79,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 339 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. 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. 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: 1.97% ✓
• Cap rate: 16.70%
• Cash-on-cash: 37.18%
• DSCR: 2.65
• GRM: 4.2

CMA / ARV

• ARV (median comp): $140,000
• List price: $89,999
• Delta: -35.72%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5255 NW 33rd Pl	1.23mi	2/2.0	1,318 (-2%)	1mo	$204,000	$155	60
2230 NW 23rd Loop	1.45mi	3/2.0 (+1)	1,415 (+5%)	2mo	$254,150	$180	51
3947 NW 46th Ter	0.93mi	2/2.0	1,454 (+8%)	2mo	$220,000	$151	51
4504 NW 32nd St	0.49mi	3/2.0 (+1)	1,524 (+13%)	1mo	$225,000	$148	50
1913 NW 50th Cir	1.25mi	2/2.0	1,182 (-13%)	0mo	$168,000	$142	44
4634 NW 35th St	0.71mi	2/2.0	1,080 (-20%)	0mo	$175,000	$162	42
5143 NW 18th St	1.38mi	2/2.0	1,165 (-14%)	1mo	$220,000	$189	41
4082 NW 44th Cir	1.03mi	2/2.0	1,614 (+19%)	1mo	$225,000	$139	39
4749 NW 39th Street Rd	1.11mi	2/2.0	1,565 (+16%)	2mo	$215,990	$138	39
4015 NW 44th Cir	0.94mi	2/2.0	1,614 (+19%)	2mo	$250,000	$155	39
4754 NW 39th Street Rd	1.09mi	2/2.0	1,565 (+16%)	2mo	$225,990	$144	38
1702 NW 27th Ave	1.48mi	3/2.0 (+1)	1,565 (+16%)	2mo	$238,000	$152	33

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: 35.2%
• Equity multiple: 2.60×
• Total profit: $40,362
• Equity at exit: $13,419

10-year hold

• IRR: 44.7%
• Equity multiple: 6.43×
• Total profit: $136,713
• Equity at exit: $7,781

Cash invested: $25,200 (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 →

Active competition Active MLS

• For sale now: 30 active
• Median asking: $89,999 ($72/sqft)
• Median days on market: 195 d
• This list price: 23% of active listings are priced below it
• ARV vs active asking: +43.6% 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: 975
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,776 high
• Mortgage (P&I): −$472
• Tax est. 1.5%: −$112 /mo · $1,350/yr
• Insurance: −$37
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $714

Break-even live

Break-even rent $871

Max offer price $89,999

Occupancy floor 55%

Sensitivity live

Price	-10% $777	-5% $745	+0% $714	+5% $683	+10% $652
Rent	-10% $574	-5% $644	+0% $714	+5% $784	+10% $855
Rate	-1.0pp $760	-0.5pp $737	base $714	+0.5pp $691	+1.0pp $667

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: $22,500
• Closing costs: $2,700
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4521 NW 37th Street Rd Ocala, FL	3.0	2.0	1742	$2,500	$1.44	51d	1	0.75mi
2351 NW 46th Court Rd Ocala, FL	3.0	2.0	1393	$1,349	$0.97	43d	1	0.80mi
5001 NW 31st St Ocala, FL	3.0	2.0	1734	$1,750	$1.01	51d	1	0.98mi
1846 NW 44th Court Rd Ocala, FL	3.0	2.0	1755	$1,995	$1.14	10d	1	1.01mi
1911 NW 46 Ave #291 Ocala, FL	3.0	2.0	1456	$1,675	$1.15	10d	1	1.02mi
4078 NW 44th Cir Ocala, FL	3.0	2.0	1504	$2,800	$1.86	51d	1	1.03mi
4078 NW 44th Cir Ocala, FL	3.0	2.0	1504	$2,500	$1.66	162d	1	1.03mi
4501 NW 14th Loop Ocala, FL	3.0	2.0	1548	$3,800	$2.45	10d	1	1.06mi
4712 NW 39th Street Rd Ocala, FL	3.0	2.0	1566	$4,500	$2.87	6d	1	1.06mi
4110 NW 44th Cir Ocala, FL	3.0	2.0	1610	$2,400	$1.49	154d	1	1.07mi
4730 NW 39th Street Rd Ocala, FL	2.0	2.0	1566	$2,200	$1.40	10d	1	1.08mi
5048 NW 35th St Ocala, FL	3.0	2.0	1552	$1,900	$1.22	154d	1	1.08mi
4859 NW 35th Lane Rd Ocala, FL	2.0	2.0	1666	$1,995	$1.20	10d	1	1.09mi
4111 NW 44th Cir Ocala, FL	3.0	2.0	1505	$2,300	$1.53	154d	1	1.09mi
4743 NW 39th Street Rd Ocala, FL	3.0	2.0	1565	$2,500	$1.60	162d	1	1.11mi
4477 NW 14th Loop Ocala, FL	3.0	2.0	1712	$1,975	$1.15	10d	1	1.12mi
5126 NW 26th St Ocala, FL	2.0	2.0	1672	$2,600	$1.56	51d	1	1.15mi
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	162d	1	1.18mi
3339 NW 52nd Avenue Rd Ocala, FL	2.0	2.0	1318	$4,500	$3.41	10d	1	1.18mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	162d	1	1.21mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	162d	1	1.22mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	10d	1	1.23mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	10d	1	1.23mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	10d	1	1.23mi
4122 NW 48th Terrace Rd Ocala, FL	2.0	2.0	1816	$1,999	$1.10	154d	1	1.26mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	162d	1	1.29mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$3,800	$3.58	10d	1	1.29mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	154d	1	1.29mi
5329 NW 34th St Ocala, FL	2.0	2.0	1318	$2,800	$2.12	10d	1	1.30mi
5329 NW 34th St Ocala, FL	2.0	2.0	1318	$2,800	$2.12	22d	1	1.30mi
5333 NW 25th Loop Ocala, FL	2.0	2.0	1569	$3,000	$1.91	43d	1	1.31mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	162d	1	1.31mi
5353 U.S. 27 Unit 1004 Ocala, FL	2.0	2.0	1211	$1,916	$1.58	12d	1	1.32mi
8115 NW 45th Ct Ocala, FL	3.0	2.0	1429	$1,950	$1.36	10d	1	1.40mi
3384 NW 54th Ct Ocala, FL	2.0	2.5	1722	$2,300	$1.34	162d	1	1.40mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,500	$1.90	51d	1	1.40mi
5423 NW 35th Lane Rd Ocala, FL	2.0	2.0	1656	$3,200	$1.93	162d	1	1.41mi
4836 NW 45th Ct Ocala, FL	3.0	2.0	1748	$1,900	$1.09	2d	1	1.42mi

Listing history 50 events

1. 2026-11-08
   days on market $89,999 Active 339 DOM
2. 2026-11-07
   days on market $89,999 Active 338 DOM
3. 2026-11-06
   days on market $89,999 Active 337 DOM
4. 2026-11-05
   days on market $89,999 Active 336 DOM
5. 2026-11-04
   days on market $89,999 Active 335 DOM
6. 2026-11-02
   days on market $89,999 Active 333 DOM
7. 2026-11-01
   days on market $89,999 Active 332 DOM
8. 2026-10-31
   days on market $89,999 Active 331 DOM
9. 2026-10-30
   days on market $89,999 Active 330 DOM
10. 2026-10-29
    days on market $89,999 Active 329 DOM
11. 2026-10-28
    days on market $89,999 Active 328 DOM
12. 2026-10-27
    days on market $89,999 Active 327 DOM
13. 2026-10-26
    days on market $89,999 Active 326 DOM
14. 2026-10-25
    days on market $89,999 Active 325 DOM
15. 2026-10-24
    days on market $89,999 Active 324 DOM
16. 2026-10-23
    days on market $89,999 Active 323 DOM
17. 2026-10-22
    days on market $89,999 Active 322 DOM
18. 2026-10-21
    days on market $89,999 Active 321 DOM
19. 2026-10-20
    days on market $89,999 Active 320 DOM
20. 2026-10-19
    days on market $89,999 Active 319 DOM
21. 2026-10-19
    days on market $89,999 Active 318 DOM
22. 2026-10-17
    days on market $89,999 Active 317 DOM
23. 2026-10-16
    days on market $89,999 Active 316 DOM
24. 2026-10-15
    days on market $89,999 Active 315 DOM
25. 2026-10-14
    days on market $89,999 Active 314 DOM
26. 2026-10-13
    days on market $89,999 Active 313 DOM
27. 2026-10-12
    days on market $89,999 Active 312 DOM
28. 2026-10-11
    days on market $89,999 Active 311 DOM
29. 2026-10-10
    days on market $89,999 Active 310 DOM
30. 2026-10-09
    days on market $89,999 Active 309 DOM
31. 2026-10-08
    days on market $89,999 Active 308 DOM
32. 2026-10-07
    days on market $89,999 Active 307 DOM
33. 2026-10-07
    days on market $89,999 Active 306 DOM
34. 2026-10-05
    days on market $89,999 Active 305 DOM
35. 2026-10-04
    days on market $89,999 Active 304 DOM
36. 2026-10-03
    days on market $89,999 Active 303 DOM
37. 2026-10-02
    days on market $89,999 Active 302 DOM
38. 2026-10-01
    days on market $89,999 Active 301 DOM
39. 2026-09-30
    days on market $89,999 Active 300 DOM
40. 2026-09-27
    days on market $89,999 Active 297 DOM
41. 2026-09-26
    days on market $89,999 Active 296 DOM
42. 2026-09-25
    days on market $89,999 Active 295 DOM
43. 2026-09-24
    days on market $89,999 Active 294 DOM
44. 2026-09-24
    days on market $89,999 Active 293 DOM
45. 2026-09-21
    days on market $89,999 Active 291 DOM
46. 2026-09-20
    days on market $89,999 Active 290 DOM
47. 2026-09-18
    days on market $89,999 Active 288 DOM
48. 2026-09-17
    days on market $89,999 Active 287 DOM
49. 2026-09-16
    days on market $89,999 Active 286 DOM
50. 2026-09-15
    days on market $89,999 Active 285 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 8/10 Severe FEMA zone X (unshaded) · 97% 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: $21,307
• − Mortgage interest: −$5,041
• − Property taxes: −$1,350
• − Insurance: −$1,247
• − Repairs & maintenance: −$1,705
• − Management: −$1,705
• − Depreciation: −$2,618
• Taxable income: $7,641
• Est. tax owed @ 24.0%: −$1,834
• After-tax cash flow: $6,738/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 · 3 photos

Good 80/100 None rehab

This brand new mobile home is move-in ready with a modern kitchen, spacious living area, and a well-maintained exterior. It offers excellent value for both resale and rental markets.

Value-add opportunities

• Both Painting the exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping the front yard — Improves curb appeal and adds value for both resale and rental. ↑
• Both Upgrading the flooring in the bedrooms — Modernizes the space and improves rental appeal. ↑
• Both Installing smart home devices — Enhances convenience and adds value for both resale and rental. ↑
• Both Upgrading the kitchen backsplash — Modernizes the kitchen and adds value for both resale and rental. ↑

F Composite school gradezoned avg 44/100

Zoned Schools

Elementary College Park Elementary School F FL #1,437/2,144 Nat'l #18,859/41,679 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

---

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%
• 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

1 event — show timeline

• 2025-12-04 Listed $89,999 Zillow