14230 SE 20th St · Williston Highlands, FL 32668

$229,000

3 bd · 2.0 ba · 1,493 sqft · Manufactured · 43 Days on market

Built 2025 Excellent condition 1.25 ac lot Est $221k · at est.

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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 +17.0/30.0
• Appreciation +10.0/10.0
• ARV discount +5.9/15.0
• DSCR +5.3/10.0
• Condition / age +5.0/5.0
• 1% rule +4.6/10.0
• Schools +3.6/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0

Listing remarks

BRAND NEW ON 1.25 ACRES – MOVE-IN READY! Welcome to your dream home! This never-lived-in 3 bedroom, 2 bathroom manufactured home sits on a spacious 1.25 acre lot, offering the perfect blend of modern comfort and peaceful country living. Step inside to an open-concept floor plan filled with natural light, highlighted by energy-efficient double-pane windows and stylish recessed lighting throughout. Durable vinyl flooring flows seamlessly through every room, making maintenance a breeze, while walk-in closets in all bedrooms provide generous storage. A dedicated laundry room adds everyday convenience. Enjoy peace of mind with a brand new 4" well and septic system already in place. Wi

Key facts

• Walk-in closets
• Recessed lighting
• 1.25 acres

Tags

• 1.25 ACRES
• OPEN-CONCEPT FLOOR PLAN
• RECESSED LIGHTING
• DURABLE VINYL FLOORING
• WALK-IN CLOSETS
• DEDICATED LAUNDRY ROOM

Property features AI

Finance

• Other: Property type: Residential; Property subtype: Manufactured Home; Zoning: A/RR; Lot size approximately 1.25 acres

Exterior

• Utilities: Well water; Septic tank; Electricity connected; Broadband/high-speed internet available
• Home design: Manufactured double-wide home; One story; North-facing; Completed (new construction)
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as new construction
• Exterior features: Other exterior features; Limerock road access

Interior

• Kitchen: Range; Range hood; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Open floorplan; Electric water heater; Range; Range hood; Refrigerator
• Laundry & utility: Washer hookup; Electric dryer hookup; Inside laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $229k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $155 ($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 $220k (3.9% below list).
• Recommended offer: $220k (3.9% below list) — sets the bar for 1% rule.

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: 146 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $23k appreciation (10.0% 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 (10.0% 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 ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($222k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $220,000 (3.9% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.96% ✗
• Cap rate: 7.11%
• Cash-on-cash: 2.91%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $220,964
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2291 SE 140 Ave	0.29mi	3/2.0	1,493 (0%)	3mo	$200,000	$134	84
14440 SE 21st Pl	0.24mi	3/2.0	1,475 (-1%)	9mo	$209,990	$142	79
14291 SE 26th St	0.53mi	3/2.0	1,516 (+2%)	3mo	$225,000	$148	71
14190 SE 25 St	0.47mi	4/2.0 (+1)	1,456 (-2%)	12mo	$218,500	$150	58
14530 SE 25th St	0.58mi	3/2.0	1,568 (+5%)	12mo	$265,000	$169	55
13431 SE 21st Pl	0.75mi	3/2.0	1,387 (-7%)	9mo	$169,900	$122	46

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.4%
• Equity multiple: 3.10×
• Total profit: $134,652
• Equity at exit: $206,301

10-year hold

• IRR: 23.1%
• Equity multiple: 7.06×
• Total profit: $388,810
• Equity at exit: $444,897

Cash invested: $64,120 (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 32668

• Home prices YoY: 11.5%
• Active inventory: 146
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,200 medium
• Mortgage (P&I): −$1,201
• Tax est. 1.5%: −$286 /mo · $3,435/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$462
• Net cashflow: $155

Break-even live

Break-even rent $2,003

Max offer price $229,000

Occupancy floor 88%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14651 SE 10th St Williston, FL	2.0	2.0	1101	$2,200	$2.00	21d	1	1.07mi

Listing history 17 events

1. 2026-06-18
   days on market $229,000 Active 43 DOM
2. 2026-06-17
   days on market $229,000 Active 42 DOM
3. 2026-06-16
   days on market $229,000 Active 41 DOM
4. 2026-06-15
   days on market $229,000 Active 40 DOM
5. 2026-06-14
   days on market $229,000 Active 38 DOM
6. 2026-06-13
   days on market $229,000 Active 37 DOM
7. 2026-06-10
   days on market $229,000 Active 35 DOM
8. 2026-06-09
   days on market $229,000 Active 34 DOM
9. 2026-06-08
   days on market $229,000 Active 33 DOM
10. 2026-06-07
    days on market $229,000 Active 32 DOM
11. 2026-06-05
    days on market $229,000 Active 29 DOM
12. 2026-06-03
    days on market $229,000 Active 28 DOM
13. 2026-06-02
    days on market $229,000 Active 27 DOM
14. 2026-06-01
    days on market $229,000 Active 26 DOM
15. 2026-05-31
    days on market $229,000 Active 25 DOM
16. 2026-05-30
    days on market $229,000 Active 24 DOM
17. 2026-05-06
    listed $229,000 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 6 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,400
• − Mortgage interest: −$12,828
• − Property taxes: −$3,435
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,112
• − Management: −$2,112
• − Depreciation: −$6,662
• Taxable loss: −$1,893
• Est. tax savings @ 24.0%: +$454
• After-tax cash flow: $2,320/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 · 12 photos

Excellent 100/100 None rehab

This move-in ready manufactured home is in excellent condition with modern finishes and a spacious layout. It offers a great opportunity for a new owner to enjoy a peaceful country setting.

Value-add opportunities

• Both Landscaping — Enhances curb appeal and adds value
• Both Painting — Fresh paint can make the home more appealing
• Both Landscaping and curb appeal — Improves the home's overall appearance

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping — Enhances curb appeal and adds value ↑
• Both Painting — Fresh paint can make the home more appealing ↑
• Both Landscaping and curb appeal — Improves the home's overall appearance ↑

ⓘ 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): 5,326

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 (88%)
• Race & ethnicity: White 88% Hispanic / Latino 8% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Scotch-Irish 4% Slovak 2% Iranian 1%
• Foreign-born: 6% · Canada
• Languages at home: 93% English-only · Spanish 7%

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: ▲ 44.56%
• Current HPI: 432.1581
• 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

1 event — show timeline

• 2026-05-06 Listed $229,000 Stellar MLS as Distributed by MLS Grid