9200 SW 103rd Ln · Liberty Triangle, FL 34481

$159,900

2 bd · 2.0 ba · 1,008 sqft · SingleFamily public records · 26 Days on market

Built 1984 9,148 sqft lot Est $150k · 6% over $150/mo HOA · 10% of rent

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Why this score? — see what drove the D 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 +15.4/30.0
• DSCR +4.7/10.0
• ARV discount +4.6/15.0
• 1% rule +4.4/10.0
• 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

Listing remarks MLS

Well maintained home with new A/C in 2007, new roof in 2003, appliance and termite contract in effect. All furnishings negotiable. Great location close to front gate. Appliances include 3 freezers and an additional small sized refrigerator. A great home for the price.

Key facts

• Fenced backyard
• New roof
• New hvac system

Tags

• FENCED BACKYARD
• NEW ROOF
• NEW HVAC SYSTEM
• WATER HEATER REPLACED
• LUXURY VINYL PLANK FLOORING
• SPACIOUS PRIMARY SUITE

Property features AI

Finance

• Other: Total annual fees $1,809.60
• Financial info: No lease restrictions noted
• HOA & community: Pine Run Association with monthly fee of $150.80; HOA amenities: clubhouse, fitness center, pool, recreation facilities, tennis courts; Association fee includes pool and recreational facilities; Deed-restricted, senior community; Pets allowed

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Septic tank; Electricity connected; Water connected; Cable available
• Home design: Single-family residence; One story; North-facing; Homestead exempt
• Construction: Metal siding; Shingle roof; Slab foundation; Built on a 0.21-acre lot (approx. 92 x 100)
• Exterior features: Enclosed, screened side porch; Chain link fencing; Cleared and paved lot; Side porch; Patio/porch enclosed and screened

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Walk-in closets; Blinds; Florida room; Sliding doors; Awning(s); Private mailbox
• Laundry & utility: Washer hookup; Dryer hookup; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $62 ($740/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 $150k (6.1% below list).
• Recommended offer: $150k (6.1% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.5% in Liberty Triangle — 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 D — 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: Marion Oaks Elementary School (math 38% / reading 39%, grade F, #1,575 of 2,144 statewide, top 74%, 939 students, 65% FRL); Liberty Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,365 students, 54% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 1161 active listings in the ZIP; 24 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).
• This rent runs 31% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• 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 26 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y 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.
• Current owner paid $36k; list at $160k implies a 344% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,115 (6.1% 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.94% ✗
• Cap rate: 6.76%
• Cash-on-cash: 1.65%
• DSCR: 1.07
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $150,192
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10040 SW 96th Ct	0.58mi	2/2.0	1,008 (0%)	8mo	$164,000	$163	66
9921 SW 103rd Pl	0.73mi	2/2.0	1,008 (0%)	5mo	$150,000	$149	62
9070 SW 104th Pl	0.13mi	2/1.0	864 (-14%)	7mo	$140,000	$162	60
9200 SW 101st Ln	0.20mi	2/2.0	1,144 (+14%)	10mo	$169,900	$149	60
10060 SW 93rd Ave	0.34mi	2/1.5	1,095 (+9%)	15mo	$130,000	$119	55
10061 SW 88th Ter	0.46mi	2/2.0	1,144 (+14%)	7mo	$135,500	$118	51
10150 SW 96th Ct	0.53mi	2/1.0	960 (-5%)	18mo	$110,000	$115	49
8473 SW 106th St	0.75mi	2/2.0	936 (-7%)	10mo	$133,000	$142	45
9637 SW 94th Ct Unit A	0.75mi	2/2.0	1,092 (+8%)	10mo	$125,900	$115	43
10490 SW 85th Ct	0.58mi	2/2.0	1,090 (+8%)	23mo	$180,000	$165	40
9880 SW 101st Ln	0.70mi	2/2.0	1,144 (+14%)	19mo	$170,000	$149	29
10827 SW 90th Ct	0.71mi	2/2.0	1,136 (+13%)	23mo	$150,000	$132	27

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: -13.6%
• Equity multiple: 0.51×
• Total profit: $-21,946
• Equity at exit: $23,842

10-year hold

• IRR: -4.7%
• Equity multiple: 0.69×
• Total profit: $-13,910
• Equity at exit: $13,825

Cash invested: $44,772 (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 34481

• Home prices YoY: -25.2%
• Active inventory: 1161
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$839
• Tax from tax record: −$69 /mo · $829/yr
• Insurance: −$67
• HOA: −$150
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $62

Break-even live

Break-even rent $1,423

Max offer price $159,900

Occupancy floor 91%

Sensitivity live

Price	-10% $152	-5% $107	+0% $62	+5% $16	+10% $-29
Rent	-10% $-57	-5% $2	+0% $62	+5% $121	+10% $180
Rate	-1.0pp $142	-0.5pp $102	base $62	+0.5pp $20	+1.0pp $-22

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9075 SW 102nd Pl Ocala, FL	2.0	2.0	1008	$1,275	$1.26	23d	1	0.20mi
10211 SW 93rd Ct Ocala, FL	3.0	2.0	1456	$1,495	$1.03	23d	1	0.22mi
8935 SW 102nd Pl Ocala, FL	2.0	2.0	1144	$1,500	$1.31	23d	1	0.31mi
10081 SW 95th Ave Ocala, FL	2.0	2.0	1040	$1,395	$1.34	23d	1	0.41mi
9201 SW 108th Pl Ocala, FL	2.0	2.0	1170	$1,475	$1.26	23d	15	0.52mi
10441 SW 85th Ct Ocala, FL	2.0	2.0	1090	$1,495	$1.37	23d	1	0.58mi
8757 SW 97th Lane Rd Unit C Ocala, FL	2.0	2.0	1490	$1,600	$1.07	15d	1	0.60mi
9760 SW 101st Ln Ocala, FL	2.0	2.0	1360	$1,500	$1.10	23d	1	0.60mi
10081 SW 97th Ct Ocala, FL	2.0	1.0	992	$1,200	$1.21	15d	1	0.62mi
10405 SW 99th Ave Ocala, FL	2.0	2.0	1040	$1,450	$1.39	23d	1	0.67mi
8947 SW 108th Pl Ocala, FL	2.0	2.0	1096	$1,500	$1.37	23d	1	0.68mi
8655 SW 98th Street Rd Unit G Ocala, FL	2.0	2.0	1424	$1,500	$1.05	23d	1	0.82mi
10155 SW 100th Ave Ocala, FL	2.0	2.0	1040	$1,700	$1.63	23d	1	0.82mi
8670 SW 97th St Unit A Ocala, FL	2.0	2.0	1341	$1,600	$1.19	23d	1	0.84mi
9748 SW 97th St Ocala, FL	2.0	2.0	1105	$1,500	$1.36	23d	1	0.85mi
8671 SW 97th St Unit C Ocala, FL	2.0	2.0	1341	$1,474	$1.10	15d	1	0.86mi
8942 SW 109th Ln Ocala, FL	2.0	2.0	960	$1,450	$1.51	23d	1	0.87mi
8669 SW 108th Ln Ocala, FL	2.0	1.0	1152	$1,250	$1.09	23d	1	0.88mi
9758 SW 96th St Ocala, FL	2.0	2.0	1219	$1,400	$1.15	23d	1	0.89mi
9794 SW 96th St Ocala, FL	2.0	2.0	1201	$1,700	$1.42	23d	1	0.91mi
8680 SW 94th Ln Unit G Ocala, FL	3.0	2.0	1409	$1,550	$1.10	23d	1	1.01mi
8130 SW 108th Street Rd Ocala, FL	2.0	2.0	1084	$1,975	$1.82	23d	1	1.24mi
9013 SW 91st Cir Ocala, FL	2.0	2.0	1494	$1,900	$1.27	15d	1	1.25mi
8430 SW 90th Ln Unit D Ocala, FL	2.0	2.0	1454	$1,600	$1.10	23d	1	1.50mi

HOA detail

• Monthly dues: $150 · $1,800/yr

Listing history 22 events

1. 2026-06-21
   days on market $159,900 Active 26 DOM
2. 2026-06-18
   days on market $159,900 Active 23 DOM
3. 2026-06-17
   days on market $159,900 Active 22 DOM
4. 2026-06-16
   days on market $159,900 Active 21 DOM
5. 2026-06-15
   days on market $159,900 Active 20 DOM
6. 2026-06-14
   days on market $159,900 Active 18 DOM
7. 2026-06-13
   days on market $159,900 Active 17 DOM
8. 2026-06-10
   days on market $159,900 Active 15 DOM
9. 2026-06-09
   days on market $159,900 Active 14 DOM
10. 2026-06-08
    days on market $159,900 Active 13 DOM
11. 2026-06-07
    days on market $159,900 Active 12 DOM
12. 2026-06-03
    days on market $159,900 Active 8 DOM
13. 2026-06-02
    days on market $159,900 Active 7 DOM
14. 2026-06-01
    days on market $159,900 Active 6 DOM
15. 2026-05-31
    days on market $159,900 Active 5 DOM
16. 2026-05-30
    days on market $159,900 Active 4 DOM
17. 2026-05-26
    listed $159,900 Active
18. 2012-09-28
    soldstatus $36,000
19. 2012-09-25
    soldstatus $36,000 268-char remark

    Show marketing remark (268 chars)

    Well maintained home with new A/C in 2007, new roof in 2003, appliance and termite contract in effect. All furnishings negotiable. Great location close to front gate. Appliances include 3 freezers and an additional small sized refrigerator. A great home for the price.

20. 2012-07-17
    listed $37,900 268-char remark

    Show marketing remark (268 chars)

    Well maintained home with new A/C in 2007, new roof in 2003, appliance and termite contract in effect. All furnishings negotiable. Great location close to front gate. Appliances include 3 freezers and an additional small sized refrigerator. A great home for the price.

21. 1996-07-15
    soldstatus $40,000
22. 1988-03-01
    soldstatus $43,500

ⓘ 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: $829 · $69/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$499/yr (+$42/mo · 60.2%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 22 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,014
• − Mortgage interest: −$8,957
• − Property taxes: −$829
• − Insurance: −$800
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − HOA: −$1,800
• − Depreciation: −$4,652
• Taxable loss: −$1,905
• Est. tax savings @ 24.0%: +$457
• After-tax cash flow: $1,198/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 — Liberty Triangle

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

Census & demographics

• County: Marion County · 315,796 people
• Metro: Ocala, FL
• Population (ZIP): 26,782
• Household income: $57,324
• Rent vs Own: 9.8% rent · 90.2% own
• Severe rent burden: 313.0

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 11% Black 7% Two or more races 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 88% English-only · Spanish 9% French/Haitian/Cajun 1% German/W. Germanic 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: ▼ -67.48%
• Current HPI: 199.986
• 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

+267.6% since first listed

6 events — show timeline

• 2026-05-26 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2012-09-28 Sold (Public Records) $36,000 Public Records
• 2012-09-25 Sold (MLS) $36,000 Stellar MLS as Distributed by MLS Grid
• 2012-07-17 Listed $37,900 Stellar MLS as Distributed by MLS Grid
• 1996-07-15 Sold (Public Records) $40,000 Public Records
• 1988-03-01 Sold (Public Records) $43,500 Public Records

Property tax history

+6.2%/yr

Latest (2025): $829 · +37.4% YoY. Source: county tax records.