16935 SE 101st Avenue Rd · Summerfield, FL 34491

$70,000

2 bd · 1.0 ba · 824 sqft · Manufactured public records · 94 Days on market

Built 1971 9,583 sqft lot Est $105k · 34% under

---

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
• ARV discount +15.0/15.0
• 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
• Appreciation +0.0/10.0

Listing remarks

* * PRICE REDUCED * * Situated on a 0.22-acre lot in a neighborhood undergoing revitalization, this 2-bedroom, 1-bath single-wide mobile home offers a great opportunity for investors or savvy buyers. The existing 824 sq ft trailer holds little to no value and is being sold as-is—perfect for a complete renovation or replacement with a new manufactured or site-built home. Enjoy close proximity to everyday conveniences, medical care at The Villages, and easy commuting via Hwy 441. This area is also ideal for those with equestrian interests, with plenty of open space and rural charm nearby. Whether you're looking to build new or invest in a growing area, this property holds untapped p

Key facts

• 9,583 sq ft lot
• Parking
• Built 1971

Property features AI

Finance

• Other: Zoning: R4; Located on paved road; One well and one septic on property
• HOA & community: No association

Exterior

• Parking: Carport (1 space)
• Utilities: Well water; Septic tank; Electricity connected; Water connected; Sewer connected
• Home design: Residential mobile home (single wide); Faces southwest; One story; Entry on main level
• Construction: Metal siding; Other roof; Pillar/post/pier foundation; Built on a 0.22-acre lot
• Exterior features: Outdoor lighting; Rain gutters; Storage shed(s); Chain link fence

Interior

• Kitchen: Convection oven; Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Wall/window air conditioning unit(s)
• Interior features: Ceiling fan(s)
• Laundry & utility: Washer hookup; Electric dryer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $70k.

Deal economics

• At list price, monthly cash flow is $680 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $64k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — 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.
• Zoned schools: Stanton-Weirsdale Elementary School (math 42% / reading 36%, grade F, #1,560 of 2,144 statewide, top 73%, 544 students, 70% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 63% FRL track the district average.
• Market conditions: 705 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 $484 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 $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $70k implies a 133% 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; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $63,700 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 2.14% ✓
• Cap rate: 17.95%
• Cash-on-cash: 41.63%
• DSCR: 2.85
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $105,472
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16995 SE 101st Court Rd	0.13mi	2/2.0	784 (-5%)	1mo	$100,000	$128	81
16630 SE 104th Ave Rd	0.39mi	1/1.0 (-1)	936 (+14%)	4mo	$26,000	$28	51

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: 38.3%
• Equity multiple: 2.63×
• Total profit: $32,003
• Equity at exit: $10,437

10-year hold

• IRR: 44.8%
• Equity multiple: 5.27×
• Total profit: $83,779
• Equity at exit: $6,052

Cash invested: $19,600 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 705
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,499 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$108 /mo · $1,291/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $680

Break-even live

Break-even rent $638

Max offer price $70,000

Occupancy floor 50%

Sensitivity live

Price	-10% $720	-5% $700	+0% $680	+5% $660	+10% $640
Rent	-10% $562	-5% $621	+0% $680	+5% $739	+10% $798
Rate	-1.0pp $715	-0.5pp $698	base $680	+0.5pp $662	+1.0pp $643

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9990 SE 166th St Summerfield, FL	3.0	2.0	962	$1,395	$1.45	14d	1	0.38mi

Listing history 13 events

1. 2026-05-08
   status Pending
2. 2026-03-24
   price $70,000
3. 2026-03-16
   price $75,000
4. 2026-03-09
   price $80,000
5. 2026-02-19
   price $85,000
6. 2026-02-10
   price $95,000
7. 2026-02-03
   price $100,000
8. 2026-02-03
   status Active
9. 2025-08-08
   price $101,000
10. 2025-08-07
    listed $100,000 Active
11. 1997-11-07
    soldstatus $30,000
12. 1983-11-01
    soldstatus $18,000
13. 1977-11-01
    soldstatus $13,500

ⓘ 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: $1,291 · $108/mo
• Projected year-2 tax: $1,291 · $108/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 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: $17,982
• − Mortgage interest: −$3,921
• − Property taxes: −$1,291
• − Insurance: −$350
• − Repairs & maintenance: −$1,439
• − Management: −$1,439
• − Depreciation: −$2,036
• Taxable income: $7,507
• Est. tax owed @ 24.0%: −$1,802
• After-tax cash flow: $6,359/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 — Summerfield

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

Census & demographics

• County: Marion County · 315,796 people
• City population: 33,318
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

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: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 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: ▼ -107.67%
• Current HPI: 200.0792
• 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

+418.5% since first listed

13 events — show timeline

• 2026-05-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-24 Price Changed $70,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-16 Price Changed $75,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Price Changed $80,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Price Changed $85,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Price Changed $100,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-08 Price Changed $101,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-07 Listed $100,000 Stellar MLS as Distributed by MLS Grid
• 1997-11-07 Sold (Public Records) $30,000 Public Records
• 1983-11-01 Sold (Public Records) $18,000 Public Records
• 1977-11-01 Sold (Public Records) $13,500 Public Records

Property tax history

+15.4%/yr

Latest (2025): $1,291 · +24.6% YoY. Source: county tax records.