621 SW 79th Ct · Ocala, FL 34474

$189,900

3 bd · 2.5 ba · 1,782 sqft · Manufactured public records · 304 Days on market

Manufactured home Built 1996 0.31 ac lot $200/mo HOA · 10% of rent

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Why this score? — see what drove the D+ 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 +7.5/15.0
• 1% rule +5.4/10.0
• DSCR +5.4/10.0
• 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

BACK ON THE MARKET due to no fault of the property or the sellers. Welcome to this lovely 3-bedroom, 2.5 bath manufactured home on a large corner lot in the 55+ community of The Falls of Ocala, located a short drive from downtown Ocala, I-75, and the famed World Equestrian Center. You own the land - no lot lease - and a HOME WARRANTY is included to provide peace of mind! Relax outside under the pergola while enjoying the sounds of the tranquil waterfall, with a propane fire pit to warm chilly evenings. Step inside to find vaulted ceilings, providing a spacious, open feeling to the combined living and dining areas. The neutral colors and luxury vinyl plank flooring throughout the home comple

Key facts

• Large corner lot
• Vaulted ceilings
• Skylight

Tags

• LARGE CORNER LOT
• PROPANE FIRE PIT
• VAULTED CEILINGS
• STAINLESS STEEL APPLIANCES
• ISLAND WITH STORAGE
• SKYLIGHT

Property features AI

Finance

• Other: Partially furnished; Directions: From I-75 (Exit 352) head west on Hwy 40; in 4 miles turn left onto SW 80th Ave; in 0.4 miles turn left into The Falls of Ocala (SW 5th Place); in 250 ft turn right onto SW 79th Ct.
• Financial info: Total monthly fees $200 (total annual fees $2,400); Lease restrictions apply
• HOA & community: Has HOA (monthly fee $200); Association amenities: clubhouse, fitness center, pool, sauna, shuffleboard court; Association fee includes pool, recreational facilities, and water; Association approval required; Deed restrictions; Association recreation owned; Senior community; Pets allowed with number limit

Exterior

• Parking: Driveway; Parking pad; 1-car carport
• Security: Security lights; Smoke detectors
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Underground utilities; Water available
• Home design: Single-family residence (attached property); One story; Faces west; PUD zoning; Located on a corner, oversized, paved lot (approx. 0.31 acres)
• Construction: Vinyl siding and frame construction; Shingle roof; Crawlspace and slab foundation; Built with approx. 2084 total building area
• Exterior features: Rain gutters; Sidewalk; Storage; Workshop; Other exterior features

Interior

• Kitchen: Dishwasher; Disposal; Ice maker; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 2 full baths; 1 half bath
• Heating & cooling: Central heating (electric); Central air
• Interior features: Ceiling fans; Eat-in kitchen; Living room and dining room combo; Split bedroom floorplan; Thermostat; Vaulted ceilings; Walk-in closets; Window treatments; Skylights; Blinds; Drapes
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $140 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $167k (12.0% 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.
• Zoned schools: College Park Elementary School (math 46% / reading 37%, grade F, #1,437 of 2,144 statewide, top 68%, 840 students, 78% FRL); Liberty Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,365 students, 54% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL) — zoned schools at 61% FRL track the district average.
• Market conditions: Rents flat; 299 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 36% of the median local income ($65k/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.

Negotiation context

• It's been on market 304 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 13y ago; this cycle's ask has dropped $35k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $158k; 20% 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; 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 $167,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 304 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 7.18%
• Cash-on-cash: 3.15%
• DSCR: 1.14
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.12% rent growth · sell at horizon

5-year hold

• IRR: -14.8%
• Equity multiple: 0.49×
• Total profit: $-27,332
• Equity at exit: $28,315

10-year hold

• IRR: -12.4%
• Equity multiple: 0.37×
• Total profit: $-33,472
• Equity at exit: $16,419

Cash invested: $53,172 (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 34474

• Home prices YoY: -28.4%
• Rents YoY: 0.1%
• Active inventory: 299
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,972 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$143 /mo · $1,716/yr
• Insurance: −$79
• HOA: −$200
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $140

Break-even live

Break-even rent $1,795

Max offer price $189,900

Occupancy floor 88%

Sensitivity live

Price	-10% $247	-5% $193	+0% $140	+5% $86	+10% $32
Rent	-10% $-16	-5% $62	+0% $140	+5% $218	+10% $295
Rate	-1.0pp $235	-0.5pp $188	base $140	+0.5pp $91	+1.0pp $40

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7180 SW 19th Pl Ocala, FL	4.0	2.0	1940	$1,900	$0.98	16d	1	1.16mi
7710 NW 14th St Ocala, FL	3.0	3.0	1521	$4,500	$2.96	23d	1	1.31mi

HOA detail

• Monthly dues: $200 · $2,400/yr
• Likely covers: water

Listing history 41 events

1. 2026-06-13
   statusdays on market $189,900 Pending 304 DOM
2. 2026-06-10
   days on market $189,900 Active 302 DOM
3. 2026-06-09
   days on market $189,900 Active 301 DOM
4. 2026-06-08
   days on market $189,900 Active 300 DOM
5. 2026-06-07
   days on market $189,900 Active 299 DOM
6. 2026-06-03
   days on market $189,900 Active 295 DOM
7. 2026-06-02
   days on market $189,900 Active 294 DOM
8. 2026-05-31
   days on market $189,900 Active 292 DOM
9. 2026-05-30
   days on market $189,900 Active 291 DOM
10. 2026-05-15
    status Pending
11. 2026-03-30
    price $189,900
12. 2026-03-13
    price $194,500
13. 2026-03-11
    status Active
14. 2026-02-18
    status Pending
15. 2025-11-14
    price $199,900
16. 2025-08-22
    price $214,900
17. 2025-07-22
    price $219,900
18. 2025-07-11
    listed $224,900 Active
19. 2025-07-10
    historical
20. 2025-06-04
    price $224,900
21. 2025-02-21
    price $229,900
22. 2025-01-30
    price $234,900
23. 2025-01-12
    listed $239,900 Active
24. 2025-01-08
    historical
25. 2024-12-17
    price $244,900
26. 2024-09-30
    price $245,000
27. 2024-09-16
    price $249,000
28. 2024-08-29
    price $254,000
29. 2024-07-31
    listed $259,000 Active
30. 2021-12-29
    soldstatus $158,000 Closed
31. 2021-11-17
    status Pending
32. 2021-11-12
    listed $189,900 Active
33. 2017-01-30
    soldstatus $31,500
34. 2017-01-25
    historical
35. 2017-01-23
    listed $31,500
36. 2016-10-03
    listed $75,000
37. 2014-05-16
    historical
38. 2013-05-16
    listed $49,900
39. 2004-12-27
    soldstatus $2,750,000
40. 2003-12-17
    soldstatus $600,000
41. 1988-07-01
    soldstatus $47,600

ⓘ 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: $1,716 · $143/mo
• Projected year-2 tax: $1,716 · $143/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: $23,661
• − Mortgage interest: −$10,637
• − Property taxes: −$1,716
• − Insurance: −$950
• − Repairs & maintenance: −$1,893
• − Management: −$1,893
• − HOA: −$2,400
• − Depreciation: −$5,524
• Taxable loss: −$1,352
• Est. tax savings @ 24.0%: +$324
• After-tax cash flow: $2,001/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): 20,258
• Household income: $65,291
• Rent vs Own: 55.8% rent · 44.2% own
• Severe rent burden: 1062.0

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 0.64)
• Race & ethnicity: White 52% Hispanic / Latino 25% Black 13% Two or more races 8% Asian 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 21% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 22% Other Indo-European 4% Vietnamese 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: ▼ -78.16%
• Current HPI: 196.5607
• Rent YoY: ▲ 0.12%
• 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

+298.9% since first listed

32 events — show timeline

• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Price Changed $189,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Price Changed $194,500 Stellar MLS as Distributed by MLS Grid
• 2026-03-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-14 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-22 Price Changed $214,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-22 Price Changed $219,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-11 Listed $224,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-04 Price Changed $224,900 Stellar MLS as Distributed by MLS Grid
• 2025-02-21 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2025-01-30 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2025-01-12 Listed $239,900 Stellar MLS as Distributed by MLS Grid
• 2025-01-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-12-17 Price Changed $244,900 Stellar MLS as Distributed by MLS Grid
• 2024-09-30 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-16 Price Changed $249,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-29 Price Changed $254,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-31 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2021-12-29 Sold (MLS) $158,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-11-12 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 2017-01-30 Sold (MLS) $31,500 Stellar MLS as Distributed by MLS Grid
• 2017-01-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-01-23 Listed $31,500 Stellar MLS as Distributed by MLS Grid
• 2016-10-03 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2014-05-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-05-16 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2004-12-27 Sold (Public Records) $2,750,000 Public Records
• 2003-12-17 Sold (Public Records) $600,000 Public Records
• 1988-07-01 Sold (Public Records) $47,600 Public Records

Property tax history

+22.1%/yr

Latest (2025): $1,716 · +16.1% YoY. Source: county tax records.