2811 SW Archer Rd Unit R142 · Gainesville, FL 32608

$65,000

1 bd · 1.0 ba · 876 sqft · Condo public records · 149 Days on market

Built 1985 $326/mo HOA · 23% of rent

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tenant in place. This well-situated apartment offers an excellent opportunity for both comfortable living and rental income. Just minutes from the University of Florida, UF Health/Shands Hospital, and major employers, the property benefits from strong rental demand year-round. The area provides quick access to Butler Plaza, grocery stores like Publix, Trader Joe’s, and Whole Foods, along with a wide variety of restaurants, shopping, and entertainment options. With convenient access to major roads, public transportation, and nearby parks and cultural attractions, this apartment is in a high-demand location in one of Gainesville’s most desirable areas. Property is tenant occupied and they require a 24-hour notice before showing. All showing requests must be scheduled using the contact information provided in the Realtors Remarks. Schedule your showing today!

Key facts

• Grocery stores
• Butler plaza
• Shopping

Tags

• UNIVERSITY OF FLORIDA
• UF HEALTH SHANDS HOSPITAL
• BUTLER PLAZA
• GROCERY STORES
• RESTAURANTS
• SHOPPING

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 81/100 on livability (#97 in FL, #1,480 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.9%/yr); 594 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,774 units permitted in Alachua County in 2024 (984 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.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $18k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $24k; list at $65k implies a 171% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 8→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.16% ✓
• Cap rate: 11.56%
• Cash-on-cash: 18.83%
• DSCR: 1.84
• GRM: 3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.89% rent growth · sell at horizon

5-year hold

• IRR: 10.8%
• Equity multiple: 1.43×
• Total profit: $7,750
• Equity at exit: $9,692

10-year hold

• IRR: 19.9%
• Equity multiple: 2.68×
• Total profit: $30,551
• 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 32608

• Rents YoY: 2.9%
• Active inventory: 594
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,403 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$129 /mo · $1,543/yr
• Insurance: −$27
• HOA: −$326
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $286

Break-even live

Break-even rent $1,041

Max offer price $65,000

Occupancy floor 75%

Sensitivity live

Price	-10% $322	-5% $304	+0% $286	+5% $267	+10% $249
Rent	-10% $175	-5% $230	+0% $286	+5% $341	+10% $396
Rate	-1.0pp $318	-0.5pp $302	base $286	+0.5pp $269	+1.0pp $252

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
4455 SW 34th St Gainesville, FL	1.0–3.0	1.0–3.0	1033	$1,569	$1.52	14d	28	1.13mi

HOA detail condo

• Monthly dues: $326 · $3,912/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 15 events

1. 2026-06-13
   statusdays on market $65,000 Pending 149 DOM
2. 2026-06-10
   days on market $65,000 Active 147 DOM
3. 2026-06-09
   days on market $65,000 Active 146 DOM
4. 2026-06-08
   days on market $65,000 Active 145 DOM
5. 2026-06-07
   days on market $65,000 Active 144 DOM
6. 2026-06-05
   days on market $65,000 Active 141 DOM
7. 2026-06-03
   days on market $65,000 Active 140 DOM
8. 2026-06-02
   days on market $65,000 Active 139 DOM
9. 2026-06-01
   days on market $65,000 Active 138 DOM
10. 2026-05-31
    days on market $65,000 Active 137 DOM
11. 2026-05-30
    days on market $65,000 Active 136 DOM
12. 2026-04-07
    price $65,000 885-char remark

    Show marketing remark (885 chars)

    Tenant in place. This well-situated apartment offers an excellent opportunity for both comfortable living and rental income. Just minutes from the University of Florida, UF Health/Shands Hospital, and major employers, the property benefits from strong rental demand year-round. The area provides quick access to Butler Plaza, grocery stores like Publix, Trader Joe’s, and Whole Foods, along with a wide variety of restaurants, shopping, and entertainment options. With convenient access to major roads, public transportation, and nearby parks and cultural attractions, this apartment is in a high-demand location in one of Gainesville’s most desirable areas. Property is tenant occupied and they require a 24-hour notice before showing. All showing requests must be scheduled using the contact information provided in the Realtors Remarks. Schedule your showing today!

13. 2026-01-14
    listed $75,000 Active 885-char remark

    Show marketing remark (885 chars)

    Tenant in place. This well-situated apartment offers an excellent opportunity for both comfortable living and rental income. Just minutes from the University of Florida, UF Health/Shands Hospital, and major employers, the property benefits from strong rental demand year-round. The area provides quick access to Butler Plaza, grocery stores like Publix, Trader Joe’s, and Whole Foods, along with a wide variety of restaurants, shopping, and entertainment options. With convenient access to major roads, public transportation, and nearby parks and cultural attractions, this apartment is in a high-demand location in one of Gainesville’s most desirable areas. Property is tenant occupied and they require a 24-hour notice before showing. All showing requests must be scheduled using the contact information provided in the Realtors Remarks. Schedule your showing today!

14. 1997-12-22
    soldstatus $24,000
15. 1985-12-01
    soldstatus $46,500

ⓘ 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: $1,543 · $129/mo
• Projected year-2 tax: $1,543 · $129/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 8 d/yr ≥108°F today · 24 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: $16,832
• − Mortgage interest: −$3,641
• − Property taxes: −$1,543
• − Insurance: −$325
• − Repairs & maintenance: −$1,347
• − Management: −$1,347
• − HOA: −$3,912
• − Depreciation: −$1,891
• Taxable income: $2,827
• Est. tax owed @ 24.0%: −$678
• After-tax cash flow: $2,748/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: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Gainesville

• Score: 81/100
• State rank: #97
• US rank: #1480

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D+ Housing A- Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gainesville, FL
• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 54,566
• Household income: $61,588
• Rent vs Own: 58.7% rent · 41.3% own
• Severe rent burden: 4709.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 16% Black 13% Asian 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4%
• Common ancestry: Slovak 2% Italian 2% Romanian 2%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.91%
• Current HPI: 253.0629
• Rent YoY: ▲ 2.89%
• Metro: Gainesville, 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

+39.8% since first listed

4 events — show timeline

• 2026-04-07 Price Changed $65,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 1997-12-22 Sold (Public Records) $24,000 Public Records
• 1985-12-01 Sold (Public Records) $46,500 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,543 · -3.7% YoY. Source: county tax records.