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17941 SW 66th Pl
C+ Composite 60.69
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 +21.7/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.9/10.0
  • 1% rule +6.0/10.0
  • 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

$359,000

17941 SW 66th Pl · Rainbow Springs, FL 34432
3 bd · 2.0 ba · 1,950 sqft · SingleFamily public records · 25 Days on market
Built 2023 10,454 sqft lot Est $482k · 25% under $110/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

Key facts

  • Breakfast nook
  • Upgraded kitchen
  • Upgraded cabinetry

Tags

OPEN-CONCEPT LAYOUTUPGRADED KITCHENGRANITE COUNTERTOPSUPGRADED CABINETRYSTAINLESS STEEL APPLIANCESBREAKFAST NOOK

Property features AI

Finance

  • Other: No lease restrictions indicated
  • Financial info: Total annual HOA fees $1,320
  • HOA & community: Monthly HOA fee $110; HOA amenities include golf course access; Golf carts allowed; Senior community; Pets allowed; Association fee required

Exterior

  • Parking: Attached 2-car garage
  • Security: Gated community
  • Utilities: Public water; Public sewer; Electricity connected; BB/HS internet available; Underground utilities; Water connected; Sewer connected
  • Home design: Single-family residence; One story; Faces west; Located in a gated community; PUD zoning
  • Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.24-acre lot
  • Exterior features: Irrigation system; Asphalt road access; Lot dimensions 84 x 125

Interior

  • Kitchen: Dishwasher; Disposal; Range; Refrigerator; Electric water heater
  • Bedrooms: 3 bedrooms
  • Flooring: Carpet; Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; In-wall pest control system; Kitchen/family room combo; Tray ceilings; Walk-in closets; Window treatments
  • Laundry & utility: Laundry room; Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $359k.

Deal economics

  • At list price, monthly cash flow is $554 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $359k).
  • Recommended offer: $354k (1.5% below list) — sets the bar for market timing.
  • Cap rate 8.1% vs local median 3.7% in Rainbow Springs — 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: area grade C — 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: Dunnellon Elementary School (math 46% / reading 48%, grade D-, #1,191 of 2,144 statewide, top 57%, 580 students, 61% FRL); Dunnellon Middle School (math 48% / reading 42%, grade D, #310 of 571 statewide, top 56%, 678 students, 68% FRL); Dunnellon High School (math 30% / reading 32%, grade F, #429 of 667 statewide, top 65%, 1,350 students, 63% FRL) — zoned schools at 64% FRL track the district average.
  • Market conditions: 557 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $11k 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 25 days — a 2% lower offer ($354k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 4y 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.
Recommended offer $353,615 (1.5% below list)

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.10%
Cap rate
8.14%
Cash-on-cash
6.61%
DSCR
1.29
GRM
7.6

CMA / ARV

ARV (on-the-fly)
$481,650
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6546 SW 180th Cir 0.36mi 3/2.0 1,843 (-6%) 2mo $322,000 $175 72
6532 SW 180th Cir 0.34mi 3/2.0 2,034 (+4%) 8mo $378,535 $186 70
6449 SW 180th Cir 0.39mi 3/2.0 1,783 (-9%) 11mo $510,000 $286 58
18465 SW 60th St 0.72mi 3/2.0 1,734 (-11%) 10mo $427,500 $247 40

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
-6.1%
Equity multiple
0.77×
Total profit
$-22,803
Equity at exit
$53,528
10-year hold
IRR
3.6%
Equity multiple
1.26×
Total profit
$25,981
Equity at exit
$31,040

Cash invested: $100,520 (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.

ZIP-level market 34432

Home prices YoY
-21.5%
Active inventory
557
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$3,936 medium interval (Pro) →
Mortgage (P&I)
$1,883
Tax from tax record
$414 /mo · $4,963/yr
Insurance
$150
HOA
$110
Vacancy / Maint / Mgmt
$827
Net cashflow
$554

Break-even live

Break-even rent $3,235
Max offer price $359,000
Occupancy floor 81%

Sensitivity live

Price -10% $757 -5% $655 +0% $554 +5% $452 +10% $350
Rent -10% $243 -5% $398 +0% $554 +5% $709 +10% $865
Rate -1.0pp $734 -0.5pp $645 base $554 +0.5pp $461 +1.0pp $366

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
$89,750
Closing costs
$10,770
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6752 SW 179th Avenue Rd Dunnellon, FL 3.0 2.0 1963 $4,500 $2.29 23d 1 0.15mi
6944 SW 179th Court Rd Dunnellon, FL 3.0 2.0 1474 $3,300 $2.24 15d 1 0.22mi
3699 SW 169th Ct Ocala, FL 4.0 2.0 1799 $2,100 $1.17 23d 1 1.21mi

HOA detail

Monthly dues
$110 · $1,320/yr

Listing history 29 events

  1. 2026-06-21
    days on market $359,000 Active 25 DOM
  2. 2026-06-18
    days on market $359,000 Active 22 DOM
  3. 2026-06-17
    days on market $359,000 Active 21 DOM
  4. 2026-06-16
    days on market $359,000 Active 20 DOM
  5. 2026-06-15
    days on market $359,000 Active 19 DOM
  6. 2026-06-14
    days on market $359,000 Active 17 DOM
  7. 2026-06-13
    days on market $359,000 Active 16 DOM
  8. 2026-06-10
    days on market $359,000 Active 14 DOM
  9. 2026-06-09
    days on market $359,000 Active 13 DOM
  10. 2026-06-08
    days on market $359,000 Active 12 DOM
  11. 2026-06-07
    days on market $359,000 Active 11 DOM
  12. 2026-06-03
    days on market $359,000 Active 7 DOM
  13. 2026-06-02
    days on market $359,000 Active 6 DOM
  14. 2026-06-01
    days on market $359,000 Active 5 DOM
  15. 2026-05-31
    days on market $359,000 Active 4 DOM
  16. 2026-05-30
    days on market $359,000 Active 3 DOM
  17. 2026-05-27
    listed $359,000 Active
  18. 2023-04-21
    soldstatus $318,742 Closed 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  19. 2023-03-22
    status Pending 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  20. 2023-02-21
    price $328,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  21. 2023-02-17
    price $318,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  22. 2023-01-27
    price $328,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  23. 2023-01-22
    price $353,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  24. 2022-12-18
    price $348,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  25. 2022-11-23
    price $358,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  26. 2022-11-18
    price $300,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  27. 2022-11-02
    price $387,600 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  28. 2022-10-30
    listed $388,600 Active 1080-char remark
    Show marketing remark (1080 chars)

    Under Construction. NEW CONSTRUCTION - Welcome to the exquisite golfing community of Juliette Falls located off West Highway 40 in Dunnellon. Juliette Falls has been consistently ranked in the top 10 public golf courses in the state of Florida. A recent article in Golf Coast Magazine is quoted calling Juliette Falls “A great place to golf, a better place to live. ” Enjoy dining at the clubhouse with daily menu specials. Membership not required to enjoy the clubhouse/restaurant. Charming 3bed/2bth home situated on a corner lot in the beautiful golfing community of Juliette falls. Open living concept makes the home feel even larger, spacious Master Bedroom and larger guest bedrooms complement this home. The home is tastefully upgraded with tile shower in Master Bath, tray ceiling in master bedroom, upgraded Shakur style kitchen cabinets and beveled edge counters to name a few. Estimated completion MARCH 2023. Closing costs paid with approved lender, 10 year limited builder warranty. RENDERINGS ARE FOR ILLUSTRATIVE PURPOSES ONLY, FINAL PRODUCT MAY VARY.

  29. 2021-07-23
    soldstatus $1,288,286

ⓘ 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
$4,963 · $414/mo
Projected year-2 tax
$4,963 · $414/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$47,233
− Mortgage interest
−$20,110
− Property taxes
−$4,963
− Insurance
−$1,795
− Repairs & maintenance
−$3,779
− Management
−$3,779
− HOA
−$1,320
− Depreciation
−$10,444
Taxable income
$1,044
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$251
After-tax cash flow
$6,394/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 — Rainbow Springs

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

Census & demographics

Census place
Rainbow Springs, FL
Population (ZIP)
13,197

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 (79%)
Race & ethnicity
White 79% Hispanic / Latino 16% Two or more races 11% Black 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 7% Cuban 2%
Common ancestry
Romanian 4% Slovak 3% Lithuanian 3%
Foreign-born
8% · Canada
Languages at home
90% English-only · Spanish 9% Other Indo-European 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
▼ -57.34%
Current HPI
209.595
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-72.1% since first listed
13 events — show timeline
  • 2026-05-27 Listed $359,000 Stellar MLS as Distributed by MLS Grid
  • 2023-04-21 Sold (MLS) $318,742 Stellar MLS as Distributed by MLS Grid
  • 2023-03-22 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-02-21 Price Changed $328,600 Stellar MLS as Distributed by MLS Grid
  • 2023-02-17 Price Changed $318,600 Stellar MLS as Distributed by MLS Grid
  • 2023-01-27 Price Changed $328,600 Stellar MLS as Distributed by MLS Grid
  • 2023-01-22 Price Changed $353,600 Stellar MLS as Distributed by MLS Grid
  • 2022-12-18 Price Changed $348,600 Stellar MLS as Distributed by MLS Grid
  • 2022-11-23 Price Changed $358,600 Stellar MLS as Distributed by MLS Grid
  • 2022-11-18 Price Changed $300,600 Stellar MLS as Distributed by MLS Grid
  • 2022-11-02 Price Changed $387,600 Stellar MLS as Distributed by MLS Grid
  • 2022-10-30 Listed $388,600 Stellar MLS as Distributed by MLS Grid
  • 2021-07-23 Sold (Public Records) $1,288,286 Public Records

Property tax history

+26.2%/yr

Latest (2025): $4,963 · +8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…