1425 NW 83rd Pl · Ocala, FL 34475

$185,000

4 bd · 2.0 ba · 1,560 sqft · Manufactured public records · 168 Days on market

Built 2002 0.31 ac lot $119/sqft · 30% below area Est $265k · 30% under

---

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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• 1% rule +5.2/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Offering Owner financing. Experience elevated living in this stunning 4-bedroom, 2-bath mobile home ideally located just off Highway 301. Thoughtfully renovated, the home showcases elegant quartz countertops, brand-new premium flooring throughout, and fresh paint that creates a bright and airy atmosphere along with updated stainless-steel appliances. The spacious, open-concept layout offers both comfort and style, with beautifully refreshed interiors that feel modern, refined, and move-in ready. A rare blend of luxury finishes and everyday convenience, this home is designed to impress. The convenient location is ideal for even the busiest family with amenities close by.

Key facts

• Quartz countertops
• Premium flooring
• Convenient location

Tags

• QUARTZ COUNTERTOPS
• PREMIUM FLOORING
• STAINLESS STEEL APPLIANCES
• OPEN CONCEPT LAYOUT
• CONVENIENT LOCATION

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $185k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% 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: 199 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• At $1,887/mo this rent would consume 75% of the median local household income ($30k/yr) (locally 923% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.

Negotiation context

• It's been on market 168 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y 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 $110k; list at $185k implies a 68% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 168 days. Have you received any prior offers? Is the seller open to a 12% 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: 1.02% ✓
• Cap rate: 7.84%
• Cash-on-cash: 5.51%
• DSCR: 1.25
• GRM: 8.2

CMA / ARV

• ARV (median comp): $264,732
• List price: $185,000
• Delta: -30.12%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8595 NW 13th Ct	0.19mi	4/2.0	1,768 (+13%)	9mo	$267,000	$151	62

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: -7.8%
• Equity multiple: 0.71×
• Total profit: $-14,824
• Equity at exit: $27,584

10-year hold

• IRR: 1.8%
• Equity multiple: 1.13×
• Total profit: $6,641
• Equity at exit: $15,995

Cash invested: $51,800 (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 34475

• Home prices YoY: -8.0%
• Active inventory: 199
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,887 medium
• Mortgage (P&I): −$970
• Tax from tax record: −$206 /mo · $2,469/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $238

Break-even live

Break-even rent $1,586

Max offer price $185,000

Occupancy floor 82%

Sensitivity live

Price	-10% $342	-5% $290	+0% $238	+5% $185	+10% $133
Rent	-10% $89	-5% $163	+0% $238	+5% $312	+10% $387
Rate	-1.0pp $331	-0.5pp $285	base $238	+0.5pp $190	+1.0pp $141

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8595 NW 13th Ct Ocala, FL	4.0	2.0	1768	$1,800	$1.02	14d	1	0.21mi
6545 NW 14th Ave Ocala, FL	3.0	2.0	1200	$1,850	$1.54	22d	1	1.30mi

Listing history 28 events

1. 2026-06-15
   status $185,000 Pending 168 DOM
2. 2026-06-15
   days on market $185,000 Active 168 DOM
3. 2026-06-14
   days on market $185,000 Active 166 DOM
4. 2026-06-13
   days on market $185,000 Active 165 DOM
5. 2026-06-10
   days on market $185,000 Active 163 DOM
6. 2026-06-09
   days on market $185,000 Active 162 DOM
7. 2026-06-08
   days on market $185,000 Active 161 DOM
8. 2026-06-07
   days on market $185,000 Active 160 DOM
9. 2026-06-03
   days on market $185,000 Active 156 DOM
10. 2026-06-02
    days on market $185,000 Active 155 DOM
11. 2026-05-31
    days on market $185,000 Active 153 DOM
12. 2026-05-30
    days on market $185,000 Active 152 DOM
13. 2026-03-02
    price $185,000 678-char remark

    Show marketing remark (678 chars)

    Offering Owner financing. Experience elevated living in this stunning 4-bedroom, 2-bath mobile home ideally located just off Highway 301. Thoughtfully renovated, the home showcases elegant quartz countertops, brand-new premium flooring throughout, and fresh paint that creates a bright and airy atmosphere along with updated stainless-steel appliances. The spacious, open-concept layout offers both comfort and style, with beautifully refreshed interiors that feel modern, refined, and move-in ready. A rare blend of luxury finishes and everyday convenience, this home is designed to impress. The convenient location is ideal for even the busiest family with amenities close by.

14. 2025-12-29
    listed $189,000 Active 678-char remark

    Show marketing remark (678 chars)

    Offering Owner financing. Experience elevated living in this stunning 4-bedroom, 2-bath mobile home ideally located just off Highway 301. Thoughtfully renovated, the home showcases elegant quartz countertops, brand-new premium flooring throughout, and fresh paint that creates a bright and airy atmosphere along with updated stainless-steel appliances. The spacious, open-concept layout offers both comfort and style, with beautifully refreshed interiors that feel modern, refined, and move-in ready. A rare blend of luxury finishes and everyday convenience, this home is designed to impress. The convenient location is ideal for even the busiest family with amenities close by.

15. 2025-11-29
    historical
16. 2025-10-06
    price $205,000
17. 2025-09-22
    listed $220,000 Active
18. 2024-06-13
    soldstatus $110,000
19. 2024-06-10
    soldstatus $110,000 Closed
20. 2024-05-20
    status Pending
21. 2024-05-17
    listed $120,000 Active
22. 2017-06-30
    historical
23. 2016-12-13
    listed $59,900
24. 2009-08-07
    soldstatus $30,000
25. 2009-05-22
    listed $36,000
26. 2004-08-02
    soldstatus $83,000
27. 2004-05-25
    soldstatus $37,000
28. 2004-01-01
    listed $37,000

ⓘ 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: $2,469 · $206/mo
• Projected year-2 tax: $2,469 · $206/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 · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,644
• − Mortgage interest: −$10,363
• − Property taxes: −$2,469
• − Insurance: −$925
• − Repairs & maintenance: −$1,812
• − Management: −$1,812
• − Depreciation: −$5,382
• Taxable loss: −$118
• Est. tax savings @ 24.0%: +$28
• After-tax cash flow: $2,881/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): 14,301
• Household income: $30,174
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 923.0

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: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 44% White 30% Hispanic / Latino 19% Two or more races 11%
• Hispanic origin (detail): Mexican 1% Puerto Rican 8% Cuban 3%
• Common ancestry: Serbian 2% Hispanic 1% Lithuanian 1%
• Foreign-born: 8% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 13% French/Haitian/Cajun 2%

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: ▼ -22.26%
• Current HPI: 254.6319
• Rent YoY: —
• 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

+400.0% since first listed

16 events — show timeline

• 2026-03-02 Price Changed $185,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-29 Listed $189,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-06 Price Changed $205,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-22 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-13 Sold (Public Records) $110,000 Public Records
• 2024-06-10 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-05-17 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 2017-06-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-12-13 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2009-08-07 Sold (MLS) $30,000 Stellar MLS as Distributed by MLS Grid
• 2009-05-22 Listed $36,000 Stellar MLS as Distributed by MLS Grid
• 2004-08-02 Sold (Public Records) $83,000 Public Records
• 2004-05-25 Sold (MLS) $37,000 Stellar MLS as Distributed by MLS Grid
• 2004-01-01 Listed $37,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.1%/yr

Latest (2025): $2,469 · +25.9% YoY. Source: county tax records.