10641 SE 127th Ln · Ocklawaha, FL 34420

$65,000

1 bd · 1.0 ba · 648 sqft · Manufactured public records · 6 Days on market

Built 1970 10,019 sqft lot $100/sqft · 30% above area Est $50k · 30% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Investment opportunity! This property is perfect for investors looking to add to their rental portfolio or secure an affordable income-producing property. Featuring 1 bedroom and 1 bathroom, the home also includes a large Florida room that offers additional flexible living space ideal for a second sleeping area, office, or bonus room. The fenced-in yard adds privacy and functionality, while the detached workshop and separate storage shed provide excellent space for tools, equipment, or tenant storage. Whether you're searching for a long-term rental, seasonal rental, or affordable fix-and-hold investment, this property offers strong potential at an att

Key facts

• Florida room
• Detached workshop
• Storage shed

Tags

• FLORIDA ROOM
• FENCED-IN YARD
• DETACHED WORKSHOP
• STORAGE SHED

Property features AI

Finance

• Other: Lot approximately 0.23 acre (100 x 100); Total living area reported as 648 square feet
• Financial info: No lease restrictions
• HOA & community: No HOA/association

Exterior

• Parking: No parking details provided
• Security: No specific security features listed
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Mobile home (single wide); Residential property; One story; Faces south; Entry level: One
• Construction: Metal roof; Other construction materials; Crawlspace foundation; Built as a single wide mobile home
• Exterior features: Awning(s); Private mailbox; Exterior storage; Chain link fencing; Asphalt road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall/window unit(s) for cooling; Other heating
• Interior features: Ceiling fan(s)
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $65k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Cap rate 15.1% vs local median 5.1% in Ocklawaha — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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: 357 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,000

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.84% ✓
• Cap rate: 15.12%
• Cash-on-cash: 31.52%
• DSCR: 2.40
• GRM: 4.5

CMA / ARV

• ARV (median comp): $50,000
• List price: $65,000
• Delta: 30.00%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10641 SE 127th Ln	0.00mi	1/1.0	648 (0%)	1mo	$50,000	$77	99

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.4%
• Equity multiple: 2.10×
• Total profit: $19,945
• Equity at exit: $9,692

10-year hold

• IRR: 34.1%
• Equity multiple: 4.11×
• Total profit: $56,690
• Equity at exit: $5,620

Cash invested: $18,200 (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 →

ZIP-level market 34420

• Home prices YoY: -32.8%
• Active inventory: 357
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,195 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$98 /mo · $1,176/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $478

Break-even live

Break-even rent $590

Max offer price $65,000

Occupancy floor 55%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11709 SE 99th Ct Belleview, FL	2.0	1.0	720	$1,195	$1.66	14d	1	1.24mi

Listing history 10 events

1. 2026-05-18
   status Pending 719-char remark
2. 2026-05-11
   listed $65,000 Active 719-char remark
3. 2025-07-19
   historical $1,000
4. 2025-05-28
   listed $1,000
5. 2024-10-09
   historical $1,000
6. 2024-09-17
   listed $1,000
7. 2024-03-20
   historical $1,000
8. 2024-03-13
   listed $1,000
9. 1991-04-01
   soldstatus $16,500
10. 1991-03-01
    soldstatus $10,000

ⓘ 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: $1,176 · $98/mo
• Projected year-2 tax: $1,176 · $98/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,340
• − Mortgage interest: −$3,641
• − Property taxes: −$1,176
• − Insurance: −$325
• − Repairs & maintenance: −$1,147
• − Management: −$1,147
• − Depreciation: −$1,891
• Taxable income: $5,012
• Est. tax owed @ 24.0%: −$1,203
• After-tax cash flow: $4,534/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 — Ocklawaha

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 9,318
• Population (ZIP): 19,167

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: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 12% Two or more races 10% Black 1%
• Hispanic origin (detail): Puerto Rican 7% Cuban 2%
• Common ancestry: Lithuanian 4% Iranian 2% Romanian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 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: ▼ -120.90%
• Current HPI: 247.3176
• 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

+400.0% since first listed

12 events — show timeline

• 2026-05-29 Sold (Public Records) $50,000 Public Records
• 2026-05-29 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-11 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-19 Rental Removed $1,000 APPFOLIO
• 2025-05-28 Listed for Rent $1,000 APPFOLIO
• 2024-10-09 Rental Removed $1,000 APPFOLIO
• 2024-09-17 Listed for Rent $1,000 APPFOLIO
• 2024-03-20 Rental Removed $1,000 APPFOLIO
• 2024-03-13 Listed for Rent $1,000 APPFOLIO
• 1991-04-01 Sold (Public Records) $16,500 Public Records
• 1991-03-01 Sold (Public Records) $10,000 Public Records

Property tax history

+14.4%/yr

Latest (2025): $1,176 · +26.9% YoY. Source: county tax records.