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1051 NE 129 Ave
C- Composite 52.69
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 +19.9/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.3/10.0
  • 1% rule +5.3/10.0
  • Condition / age +4.8/5.0
  • Schools +3.6/10.0
  • Livability +2.9/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$179,930

1051 NE 129 Ave · Williston Highlands, FL 32696
3 bd · 2.0 ba · 1,001 sqft · Manufactured · 24 Days on market
Built 2026 Excellent condition 1.00 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Under contract-accepting backup offers. Welcome to the kind of home that checks every box without breaking the bank — a brand-new 3-bedroom, 2-bathroom Champion manufactured home set on 1 acre of open Florida land in Williston. This is turnkey, move-in-ready living where quality construction meets smart design, and every dollar works as hard as you do. Step inside and you'll notice the difference immediately. The open-concept layout connects the kitchen, dining, and living areas into one bright, airy space that feels bigger than its footprint — designed for real life, not just a floor plan. The split-bedroom layout gives the primary suite its own privacy, away from the secondary

Key facts

  • Whirlpool appliances
  • Split bedroom layout
  • Open concept layout

Tags

OPEN CONCEPT LAYOUTSPLIT BEDROOM LAYOUTWHIRLPOOL APPLIANCESENERGY EFFICIENT WATER HEATERENERGY STAR CERTIFICATIONWIND ZONE II STANDARDS

Property features AI

Finance

  • Other: Located in the Williston Highlands development
  • HOA & community: No HOA/association

Exterior

  • Utilities: Well water; Septic tank; Electricity connected; Water connected
  • Home design: Manufactured home (single wide); New construction; One story; Faces west; Entry on one level
  • Construction: Vinyl siding; Shingle roof; Crawlspace foundation
  • Exterior features: Limerock road access; 1 acre lot

Interior

  • Kitchen: Dishwasher; Range; Refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Eat-in kitchen; Kitchen/family room combo; Split-bedroom layout; Walk-in closet(s)
  • Laundry & utility: Indoor laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $180k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $217 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $180k).
  • Recommended offer: $177k (1.5% below list) — sets the bar for market timing.
  • Cap rate 7.7% vs local median 5.9% in Williston Highlands — 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 57/100 on livability (#851 in FL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, schools F, amenities 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.
  • Market conditions: 358 active listings in the ZIP; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 24 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
Recommended offer $177,231 (1.5% 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
1.03%
Cap rate
7.74%
Cash-on-cash
5.16%
DSCR
1.23
GRM
8.1

CMA / ARV

ARV (on-the-fly)
$75,075
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1250 NE 123rd Ave 0.65mi 3/2.0 924 (-8%) 2mo $65,000 $70 55
1650 NE 128th Ave 0.46mi 2/2.0 (-1) 924 (-8%) 13mo $69,000 $75 50

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
-8.3%
Equity multiple
0.70×
Total profit
$-15,331
Equity at exit
$26,828
10-year hold
IRR
1.3%
Equity multiple
1.09×
Total profit
$4,529
Equity at exit
$15,557

Cash invested: $50,380 (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 32696

Home prices YoY
-6.2%
Active inventory
358
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,848 medium interval (Pro) →
Mortgage (P&I)
$944
Tax est. 1.5%
$225 /mo · $2,699/yr
Insurance
$75
HOA
$0
Vacancy / Maint / Mgmt
$388
Net cashflow
$217

Break-even live

Break-even rent $1,574
Max offer price $179,930
Occupancy floor 83%

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
$44,982
Closing costs
$5,398
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.

Listing history 8 events

  1. 2026-06-07
    statusdays on market $179,930 Pending 24 DOM
  2. 2026-06-05
    days on market $179,930 Active 22 DOM
  3. 2026-06-03
    days on market $179,930 Active 21 DOM
  4. 2026-06-02
    days on market $179,930 Active 20 DOM
  5. 2026-06-01
    days on market $179,930 Active 19 DOM
  6. 2026-05-31
    days on market $179,930 Active 18 DOM
  7. 2026-05-30
    statusdays on market $179,930 Active 17 DOM
  8. 2026-05-09
    listed $179,930 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,179
− Mortgage interest
−$10,079
− Property taxes
−$2,699
− Insurance
−$900
− Repairs & maintenance
−$1,774
− Management
−$1,774
− Depreciation
−$5,234
Taxable loss
−$282
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$68
After-tax cash flow
$2,667/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.

Condition & rehab AI · 13 photos

Excellent 95/100 None rehab

This turnkey, move-in-ready mobile home is in excellent condition with a modern kitchen, well-maintained bathrooms, and a good exterior. It offers a great opportunity for investors looking to increase its value through minor updates.

Value-add opportunities

  • Both Landscaping — Enhances curb appeal and adds value for both resale and rental.
  • Both Painting — Fresh paint can make the home look more inviting and increase its value.
  • Both Landscaping — Landscaping can improve curb appeal and add value for both resale and rental.

Renovation cost estimate screening

Value-add ROI direction

  • Both Landscaping — Enhances curb appeal and adds value for both resale and rental.
  • Both Painting — Fresh paint can make the home look more inviting and increase its value.
  • Both Landscaping — Landscaping can improve curb appeal and add value for both resale and rental.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Williston Highlands

Score
57/100
State rank
#851
US rank
#21745

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Williston Highlands, FL
Population (ZIP)
14,532

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 (69%)
Race & ethnicity
White 69% Hispanic / Latino 13% Black 13% Two or more races 7%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 2%
Common ancestry
Slovak 4% Iranian 2% Lithuanian 1%
Foreign-born
6% · Canada, China
Languages at home
89% English-only · Spanish 10% Chinese 1%

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
▼ -21.99%
Current HPI
335.7751
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

1 event — show timeline
  • 2026-05-09 Listed $179,930 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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