605 Standridge St · Bronson, FL 32621

$194,900

3 bd · 2.0 ba · 1,984 sqft · Manufactured public records · 147 Days on market

Built 2007 0.32 ac lot Est $210k · 7% under

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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 +17.7/30.0
• ARV discount +10.8/15.0
• Appreciation +6.2/10.0
• DSCR +5.5/10.0
• 1% rule +3.6/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming 3 bedroom, 2 bath property located within the city limits and sitting on a spacious 0.32 acre corner lot. This home features an open floor plan designed for comfortable everyday living and easy entertaining. The inviting fireplace adds warmth and character to the main living area, while the spacious kitchen offers plenty of room to cook, gather, and create memories. A large laundry room provides extra storage and functionality, and the convenient location near local schools makes this home especially appealing. Chain linked fence to provide added safety. With no HOA, you'll enjoy the freedom to truly make this property your own. Don't miss this opportunity. Call today to schedule your private showing and see all this home has to offer.

Key facts

• Open floor plan
• Inviting fireplace
• Spacious kitchen

Tags

• CORNER LOT
• OPEN FLOOR PLAN
• INVITING FIREPLACE
• SPACIOUS KITCHEN
• LARGE LAUNDRY ROOM
• CONVENIENT LOCATION

Property features AI

Finance

• Other: Living area approximately 1,984 square feet (public records); Lot about 0.32 acre (approx. 60 x 230); Corner lot ID: US-12075-N-0946100500-R-N
• Financial info: No lease restrictions indicated; Homestead exemption indicated
• HOA & community: No HOA; Development: Libby Heights

Exterior

• Parking: No parking details provided
• Utilities: Public water; Public sewer; Electricity connected; Fiber optics available; High-speed internet / broadband available; Fire hydrant nearby; Water and sewer connected
• Home design: Manufactured double-wide home; Residential property; Attached property; One story; Faces south; Accessible entrance; Entry on main level
• Construction: Vinyl siding; Shingle roof; Pillar/Post/Pier foundation; Built as a double-wide manufactured home
• Exterior features: Dog run; Corner lot; Located within city limits; Paved public road access

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Open floorplan; Split bedroom layout; Thermostat; Walk-in closets; Has fireplace with stone surround and wood-burning insert
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $195k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (13.6% below list).
• Recommended offer: $168k (13.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#532 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Levy (rural): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Williston Elementary School (math 53% / reading 52%, grade C-, #976 of 2,144 statewide, top 46%, 488 students, 71% FRL); Bronson Middle/High School (math 49% / reading 36%, grade F, #264 of 667 statewide, top 41%, 552 students, 62% FRL) — zoned schools at 67% FRL track the district average.
• Market conditions: 153 active listings in the ZIP; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($1k loan paydown + $5k appreciation (2.4% local appreciation)).
• Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.4% appreciation + 3.0% rent growth), your $55k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,409 (13.6% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 14% 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. 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.
5. 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.
6. 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: 0.86% ✗
• Cap rate: 7.26%
• Cash-on-cash: 3.45%
• DSCR: 1.15
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $210,304
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
675 Marshburn Dr	0.14mi	4/2.0 (+1)	1,836 (-8%)	1mo	$195,000	$106	75

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.35% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.9%
• Equity multiple: 1.49×
• Total profit: $26,759
• Equity at exit: $80,566

10-year hold

• IRR: 11.8%
• Equity multiple: 2.64×
• Total profit: $89,643
• Equity at exit: $118,922

Cash invested: $54,572 (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 32621

• Home prices YoY: 0.7%
• Active inventory: 153
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,684 medium
• Mortgage (P&I): −$1,022
• Tax from tax record: −$70 /mo · $840/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $157

Break-even live

Break-even rent $1,485

Max offer price $194,900

Occupancy floor 86%

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: $48,725
• Closing costs: $5,847
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $194,900 Active 147 DOM
2. 2026-06-17
   days on market $194,900 Active 146 DOM
3. 2026-06-16
   days on market $194,900 Active 145 DOM
4. 2026-06-15
   days on market $194,900 Active 144 DOM
5. 2026-06-14
   days on market $194,900 Active 142 DOM
6. 2026-06-13
   days on market $194,900 Active 141 DOM
7. 2026-06-10
   days on market $194,900 Active 139 DOM
8. 2026-06-09
   days on market $194,900 Active 138 DOM
9. 2026-06-08
   days on market $194,900 Active 137 DOM
10. 2026-06-07
    days on market $194,900 Active 136 DOM
11. 2026-06-05
    days on market $194,900 Active 133 DOM
12. 2026-06-03
    days on market $194,900 Active 132 DOM
13. 2026-06-02
    days on market $194,900 Active 131 DOM
14. 2026-06-01
    days on market $194,900 Active 130 DOM
15. 2026-05-31
    days on market $194,900 Active 129 DOM
16. 2026-05-30
    days on market $194,900 Active 128 DOM
17. 2026-01-23
    listed $194,900 Active 754-char remark

    Show marketing remark (754 chars)

    Charming 3 bedroom, 2 bath property located within the city limits and sitting on a spacious 0.32 acre corner lot. This home features an open floor plan designed for comfortable everyday living and easy entertaining. The inviting fireplace adds warmth and character to the main living area, while the spacious kitchen offers plenty of room to cook, gather, and create memories. A large laundry room provides extra storage and functionality, and the convenient location near local schools makes this home especially appealing. Chain linked fence to provide added safety. With no HOA, you'll enjoy the freedom to truly make this property your own. Don't miss this opportunity. Call today to schedule your private showing and see all this home has to offer.

18. 2026-01-22
    listed $194,900 Active
19. 2018-10-25
    historical
20. 2018-06-14
    listed $109,900
21. 2011-12-30
    historical
22. 2011-02-22
    listed $84,900

ⓘ 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: $840 · $70/mo
• Projected year-2 tax: $1,618 · $135/mo
• Expected delta: +$777/yr (+$65/mo · 92.5%)

ⓘ 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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,209
• − Mortgage interest: −$10,917
• − Property taxes: −$840
• − Insurance: −$974
• − Repairs & maintenance: −$1,617
• − Management: −$1,617
• − Depreciation: −$5,670
• Taxable loss: −$1,426
• Est. tax savings @ 24.0%: +$342
• After-tax cash flow: $2,228/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: Levy
• NCES district ID: 1201140
• Math proficiency: 45% ▼ -8.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,254
• Composite: 36.42/100
• National rank: #4673
• State rank: #54 of 73 in FL

Livability — Bronson

• Score: 68/100
• State rank: #532
• US rank: #9988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bronson, FL
• Population (ZIP): 5,540

Population outlook (Levy County) Hauer SSP2

• Today (2025): 36,536 people
• By 2030: 34,498 · -5.6%
• By 2040: 30,294 · -17.1%
• By 2050: 26,368 · -27.8%
• By 2075: 19,003 · -48.0%
• By 2100: 13,169 · -64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 14% Black 9% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 6% Cuban 1%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 8%

Political lean MEDSL · Levy

• 2024 margin: Solid R (+50.3) · D 24.6% · R 74.8%
• 2008→2024 swing: -23.3pp toward R · 2008: -26.9pp · 2024: -50.3pp
• All cycles: 2024: R+50.3 2020: R+45.6 2016: R+44.8 2012: R+32.2 2008: R+26.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.35%
• Current HPI: 340.879
• 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

+129.6% since first listed

6 events — show timeline

• 2026-01-23 Listed $194,900 DGLMLS
• 2026-01-22 Listed $194,900 Stellar MLS as Distributed by MLS Grid
• 2018-10-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-06-14 Listed $109,900 Stellar MLS as Distributed by MLS Grid
• 2011-12-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-02-22 Listed $84,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+1.9%/yr

Latest (2025): $840 · +7.0% YoY. Source: county tax records.