17824 NE 143rd Ter · Waldo, FL 32694

$229,900

3 bd · 3.0 ba · 1,782 sqft · Manufactured public records · 28 Days on market

Built 1998 1.00 ac lot ↓ 4% since listing

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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 +16.2/30.0
• Appreciation +9.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• Schools +4.3/10.0
• 1% rule +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Nestled on a spacious 1-acre lot in Waldo, this charming 3-bedroom, 3-bath home offers the perfect blend of comfort, functionality, and outdoor space. Inside, you'll love the open floor plan featuring a seamless flow between the kitchen, dining, and family room areas-all centered around a cozy fireplace, making it ideal for entertaining and everyday living. The oversized primary suite is a true retreat, complete with separate his-and-her bathrooms and a large walk-thru closet for added convenience and privacy. Step outside to enjoy the fully fenced yard with plenty of room for pets, play, and outdoor activities. Two pole barns provide excellent storage and versatility, with one featuring an enclosed storage/shop area perfect for hobbies, equipment, or workspace needs. With ample room both inside and out, this property offers peaceful country living while still being conveniently located near town amenities.

Key facts

• Open floor plan
• Spacious 1 acre lot
• Cozy fireplace

Tags

• SPACIOUS 1 ACRE LOT
• OPEN FLOOR PLAN
• COZY FIREPLACE
• FULLY FENCED YARD
• TWO POLE BARNS
• ENCLOSED STORAGE SHOP AREA

Property features AI

Finance

• Other: Property type: Residential (Manufactured Home); Total lot size: 1 acre; Living/building area reported as 1782 square feet; No waterfront or water access; Unfurnished
• HOA & community: Located in the Clover Acres development; No association approval required

Exterior

• Parking: Carport with 2 spaces
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Manufactured double-wide home; One level; Faces north
• Construction: Vinyl siding; Metal roof; Pillar/post/pier foundation
• Exterior features: Porch; Rear porch; Workshop on the property; Dirt road access

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Eat-in kitchen; Open floor plan; Walk-in closets; Fireplace in the living room
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $230k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/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 $188k (18.2% below list).
• Recommended offer: $188k (18.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#705 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: crime C-, schools F, amenities 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: 36 active listings in the ZIP; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• In year one you build about $20k of equity ($2k loan paydown + $18k appreciation (8.0% local appreciation)).
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (8.0% appreciation + 3.0% rent growth), your $64k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, 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 28 days — a 2% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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; severe 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 $188,127 (18.2% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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.
4. 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.
5. 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: 0.82% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.25%
• DSCR: 1.10
• GRM: 10.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

8.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.7%
• Equity multiple: 2.59×
• Total profit: $102,475
• Equity at exit: $174,853

10-year hold

• IRR: 19.9%
• Equity multiple: 5.53×
• Total profit: $291,382
• Equity at exit: $347,265

Cash invested: $64,372 (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 32694

• Home prices YoY: 3.7%
• Active inventory: 36
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,881 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$64 /mo · $767/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $121

Break-even live

Break-even rent $1,728

Max offer price $229,900

Occupancy floor 89%

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $229,900 Active 28 DOM
2. 2026-06-17
   days on market $229,900 Active 27 DOM
3. 2026-06-16
   days on market $229,900 Active 26 DOM
4. 2026-06-15
   days on market $229,900 Active 25 DOM
5. 2026-06-14
   days on market $229,900 Active 23 DOM
6. 2026-06-13
   days on market $229,900 Active 22 DOM
7. 2026-06-10
   days on market $229,900 Active 20 DOM
8. 2026-06-09
   days on market $229,900 Active 19 DOM
9. 2026-06-08
   days on market $229,900 Active 18 DOM
10. 2026-06-07
    days on market $229,900 Active 17 DOM
11. 2026-06-05
    days on market $229,900 Active 14 DOM
12. 2026-06-03
    days on market $229,900 Active 13 DOM
13. 2026-06-02
    days on market $229,900 Active 12 DOM
14. 2026-06-01
    days on market $229,900 Active 11 DOM
15. 2026-05-31
    days on market $229,900 Active 10 DOM
16. 2026-05-30
    days on market $229,900 Active 9 DOM
17. 2026-05-21
    listed $229,900 Active
18. 2026-05-20
    listed $229,900 Active 920-char remark

    Show marketing remark (920 chars)

    Nestled on a spacious 1-acre lot in Waldo, this charming 3-bedroom, 3-bath home offers the perfect blend of comfort, functionality, and outdoor space. Inside, you'll love the open floor plan featuring a seamless flow between the kitchen, dining, and family room areas-all centered around a cozy fireplace, making it ideal for entertaining and everyday living. The oversized primary suite is a true retreat, complete with separate his-and-her bathrooms and a large walk-thru closet for added convenience and privacy. Step outside to enjoy the fully fenced yard with plenty of room for pets, play, and outdoor activities. Two pole barns provide excellent storage and versatility, with one featuring an enclosed storage/shop area perfect for hobbies, equipment, or workspace needs. With ample room both inside and out, this property offers peaceful country living while still being conveniently located near town amenities.

19. 2026-04-29
    historical 671-char remark

    Show marketing remark (671 chars)

    Enjoy country living with convenience in this 3 bedroom, 2 bath mobile home situated on 1 acre in Waldo, FL. The home offers a functional layout with a spacious kitchen featuring plenty of cabinet space that opens to a large living area, perfect for everyday living and gatherings. The primary suite includes a walk in closet and split his and her sinks for added comfort. Outside, you'll find two barns, one fully powered with an enclosed area and window unit, ideal for a workshop, storage, or hobby space. Located on the outskirts of Alachua County, this property offers a rural setting with easy access to Starke, Gainesville, and just an hour's drive to the beach.

20. 2026-04-09
    price $229,000 671-char remark

    Show marketing remark (671 chars)

    Enjoy country living with convenience in this 3 bedroom, 2 bath mobile home situated on 1 acre in Waldo, FL. The home offers a functional layout with a spacious kitchen featuring plenty of cabinet space that opens to a large living area, perfect for everyday living and gatherings. The primary suite includes a walk in closet and split his and her sinks for added comfort. Outside, you'll find two barns, one fully powered with an enclosed area and window unit, ideal for a workshop, storage, or hobby space. Located on the outskirts of Alachua County, this property offers a rural setting with easy access to Starke, Gainesville, and just an hour's drive to the beach.

21. 2025-10-29
    listed $239,900 Active 671-char remark

    Show marketing remark (671 chars)

    Enjoy country living with convenience in this 3 bedroom, 2 bath mobile home situated on 1 acre in Waldo, FL. The home offers a functional layout with a spacious kitchen featuring plenty of cabinet space that opens to a large living area, perfect for everyday living and gatherings. The primary suite includes a walk in closet and split his and her sinks for added comfort. Outside, you'll find two barns, one fully powered with an enclosed area and window unit, ideal for a workshop, storage, or hobby space. Located on the outskirts of Alachua County, this property offers a rural setting with easy access to Starke, Gainesville, and just an hour's drive to the beach.

ⓘ 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: $767 · $64/mo
• Projected year-2 tax: $1,908 · $159/mo
• Expected delta: +$1,141/yr (+$95/mo · 148.7%)

ⓘ 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 8/10 Severe
• 🌡 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 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,575
• − Mortgage interest: −$12,878
• − Property taxes: −$767
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,806
• − Management: −$1,806
• − Depreciation: −$6,688
• Taxable loss: −$2,519
• Est. tax savings @ 24.0%: +$605
• After-tax cash flow: $2,055/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 — Waldo

• Score: 63/100
• State rank: #705
• US rank: #14963

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,870

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: Predominantly White (77%)
• Race & ethnicity: White 77% Black 11% Hispanic / Latino 8% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 3%
• Common ancestry: Slovak 4% Italian 3% Iranian 2%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 92% English-only · Spanish 5% Russian/Polish/Slavic 2% Korean 1%

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: ▲ 8.01%
• Current HPI: 224.7473
• 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

-4.2% since first listed

5 events — show timeline

• 2026-05-21 Listed $229,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-20 Listed $229,900 realMLS
• 2026-04-29 Listing Removed — realMLS
• 2026-04-09 Price Changed $229,000 realMLS
• 2025-10-29 Listed $239,900 realMLS

Property tax history

+0.8%/yr

Latest (2025): $767 · +1.8% YoY. Source: county tax records.