9771 SE 171st Pl · The Villages, FL 34491

$135,000

2 bd · 2.0 ba · 924 sqft · Manufactured public records · 65 Days on market

Built 1989 0.29 ac lot $146/sqft · 109% above area

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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 +25.4/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming two-bedroom, two-bath manufactured home is a must-see! Featuring stunning new vinyl plank flooring throughout, the home boasts new kitchen cabinets, modernized bathrooms and new interior paint giving it a fresh and inviting atmosphere. Nestled on private property, you can enjoy the freedom of living without any HOA regulations. All these updates and a new AC in 2023 that will give you peace of mind for years to come. There is also a nice size newly screened lanai to sit and enjoy your morning coffee as well. This adorable home is move-in ready, making it perfect for a new owner looking for comfort and style in a tranquil setting. Don’t miss the opportunity to make this lovely home your own that is located within minutes of the Villages with so much shopping, medical facilities and more just around the corner. Call for your personal viewing today!

Key facts

• New kitchen cabinets
• Modernized bathrooms
• New interior paint

Tags

• NEW VINYL PLANK FLOORING
• NEW KITCHEN CABINETS
• MODERNIZED BATHROOMS
• NEW INTERIOR PAINT
• PRIVATE PROPERTY
• NEW AC

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $312 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 5.0% in The Villages — 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 70/100 on livability (#431 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A; Watch: amenities F, commute F, health & safety F.
• 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.
• Market conditions: 712 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 $933 of loan paydown is wiped out by about $4k 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 65 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 4→10/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.13% ✓
• Cap rate: 9.06%
• Cash-on-cash: 9.90%
• DSCR: 1.44
• GRM: 7.4

CMA / ARV

• ARV (median comp): $64,448
• List price: $135,000
• Delta: 109.47%
• Verdict: OVERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9625 SE 170th Ln	0.16mi	2/2.0	1,056 (+14%)	14mo	$80,000	$76	57

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: -1.4%
• Equity multiple: 0.95×
• Total profit: $-2,012
• Equity at exit: $20,129

10-year hold

• IRR: 8.3%
• Equity multiple: 1.63×
• Total profit: $23,828
• Equity at exit: $11,672

Cash invested: $37,800 (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: 712
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,530 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$133 /mo · $1,596/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $312

Break-even live

Break-even rent $1,136

Max offer price $135,000

Occupancy floor 75%

Sensitivity live

Price	-10% $388	-5% $350	+0% $312	+5% $274	+10% $235
Rent	-10% $191	-5% $251	+0% $312	+5% $372	+10% $433
Rate	-1.0pp $380	-0.5pp $346	base $312	+0.5pp $277	+1.0pp $241

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: $33,750
• Closing costs: $4,050
• 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	15d	1	0.55mi

Listing history 17 events

1. 2026-06-21
   days on market $135,000 Active 65 DOM
2. 2026-06-18
   days on market $135,000 Active 62 DOM
3. 2026-06-17
   days on market $135,000 Active 61 DOM
4. 2026-06-16
   days on market $135,000 Active 60 DOM
5. 2026-06-15
   days on market $135,000 Active 59 DOM
6. 2026-06-14
   days on market $135,000 Active 57 DOM
7. 2026-06-13
   days on market $135,000 Active 56 DOM
8. 2026-06-10
   days on market $135,000 Active 54 DOM
9. 2026-06-09
   days on market $135,000 Active 53 DOM
10. 2026-06-08
    days on market $135,000 Active 52 DOM
11. 2026-06-07
    days on market $135,000 Active 51 DOM
12. 2026-06-03
    days on market $135,000 Active 47 DOM
13. 2026-06-02
    days on market $135,000 Active 46 DOM
14. 2026-06-01
    days on market $135,000 Active 45 DOM
15. 2026-05-31
    days on market $135,000 Active 44 DOM
16. 2026-05-30
    days on market $135,000 Active 43 DOM
17. 2026-04-16
    listed $135,000 Active 878-char remark

    Show marketing remark (878 chars)

    This charming two-bedroom, two-bath manufactured home is a must-see! Featuring stunning new vinyl plank flooring throughout, the home boasts new kitchen cabinets, modernized bathrooms and new interior paint giving it a fresh and inviting atmosphere. Nestled on private property, you can enjoy the freedom of living without any HOA regulations. All these updates and a new AC in 2023 that will give you peace of mind for years to come. There is also a nice size newly screened lanai to sit and enjoy your morning coffee as well. This adorable home is move-in ready, making it perfect for a new owner looking for comfort and style in a tranquil setting. Don’t miss the opportunity to make this lovely home your own that is located within minutes of the Villages with so much shopping, medical facilities and more just around the corner. Call for your personal viewing today!

ⓘ 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: $1,596 · $133/mo
• Projected year-2 tax: $1,596 · $133/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 4 d/yr ≥109°F today · 10 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: $18,366
• − Mortgage interest: −$7,562
• − Property taxes: −$1,596
• − Insurance: −$675
• − Repairs & maintenance: −$1,469
• − Management: −$1,469
• − Depreciation: −$3,927
• Taxable income: $1,667
• Est. tax owed @ 24.0%: −$400
• After-tax cash flow: $3,342/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 — The Villages

• Score: 70/100
• State rank: #431
• US rank: #7363

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 83,973
• 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

1 event — show timeline

• 2026-04-16 Listed $135,000 RACC

Property tax history

+8.6%/yr

Latest (2025): $1,596 · +8.2% YoY. Source: county tax records.