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8711 Freedom Rd
D Composite 41.46
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 +15.0/30.0
  • ARV discount +5.9/15.0
  • DSCR +4.6/10.0
  • Schools +4.3/10.0
  • Livability +3.4/5.0
  • 1% rule +3.3/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$214,999

8711 Freedom Rd · Woodville, FL 32305
4 bd · 2.0 ba · 2,358 sqft · Manufactured public records · 9 Days on market
Built 1990 2.86 ac lot Est $208k · at est. $5/mo HOA

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Enjoy country living on 2.86 acres in Woodville. 5 bedrooms, 2 bathrooms, cathedral ceilings, spacious living room with wood burning fireplace and a screened in back deck with hot tub are just some of the great features you will find in this home. Outside boasts of a large fenced area off the back deck which is perfect for pets or small children, a 2 car carport and a large 1 car detached garage which has extra space inside and out for storage or a work shop area. There are also 2 storage sheds for your garden tools, Well and Septic system, plenty of seasoned fire wood stocked up for your use and much more – Come tour this property, it will not last! long!

Key facts

  • On-site horse barn
  • Scenic trails
  • Nature destinations

Tags

2.86 ACRESON-SITE HORSE BARNFENCINGUSABLE LANDNATURE DESTINATIONSSCENIC TRAILS

Property features AI

Finance

  • HOA & community: Monthly association fee of $60 covering road maintenance

Exterior

  • Parking: Carport with two spaces
  • Utilities: Septic tank
  • Home design: Single-story home; Triple-wide mobile home; Vinyl siding
  • Construction: Vinyl siding construction
  • Exterior features: Deck; Porch (screened); Partial fencing; Horses allowed

Interior

  • Kitchen: Dishwasher; Oven; Range; Refrigerator; Pantry
  • Bedrooms: Includes bonus room and office (additional flexible spaces)
  • Flooring: Carpet; Parquet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Electric heating; Wood heating option; Central air conditioning; Attic fan; Wall/window unit(s)
  • Interior features: Tray ceilings; Vaulted ceilings; Pantry; Split bedroom layout; Fireplace
  • Laundry & utility: Utility room

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 4-bed/2.0-bath manufactured listed at $215k.

Deal economics

  • At list price, monthly cash flow is $2 ($25/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 $178k (17.0% below list).
  • Recommended offer: $178k (17.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% vs local median 4.3% in Woodville — 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 67/100 on livability (#581 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D, schools F, amenities F.
  • Leon (urban): math 48% / reading 53% proficiency, ranked #33 of 73 in FL (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 105 active listings in the ZIP; 1,765 units permitted in Leon County in 2024 (975 in 5+ unit buildings).
  • This rent runs 45% of the median local income ($48k/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 $6k of value loss. Plan a longer hold.
  • Leon County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 3y 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 $140k; list at $215k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $178,451 (17.0% below list)

Questions for the listing agent

  1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.83%
Cap rate
6.68%
Cash-on-cash
1.37%
DSCR
1.06
GRM
10.0

CMA / ARV

ARV (on-the-fly)
$207,504
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
104 Stacia St 0.48mi 4/2.0 2,245 (-5%) 12mo $198,000 $88 59

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
-16.3%
Equity multiple
0.42×
Total profit
$-34,729
Equity at exit
$32,057
10-year hold
IRR
-8.0%
Equity multiple
0.50×
Total profit
$-30,159
Equity at exit
$18,589

Cash invested: $60,200 (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 32305

Home prices YoY
-22.5%
Active inventory
105
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$1,785 medium interval (Pro) →
Mortgage (P&I)
$1,127
Tax from tax record
$119 /mo · $1,430/yr
Insurance
$90
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$5
Vacancy / Maint / Mgmt
$375
Net cashflow
$2

Break-even live

Break-even rent $1,782
Max offer price $214,999
Occupancy floor 95%

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
$53,750
Closing costs
$6,450
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.

HOA detail

Monthly dues
$5 · $60/yr

Listing history 7 events

  1. 2026-06-18
    days on market $214,999 Active 9 DOM
  2. 2026-06-17
    days on market $214,999 Active 8 DOM
  3. 2026-06-16
    days on market $214,999 Active 7 DOM
  4. 2026-06-15
    days on market $214,999 Active 6 DOM
  5. 2026-06-14
    days on market $214,999 Active 4 DOM
  6. 2026-06-10
    remarks 695-char remark
  7. 2026-06-10
    listed $214,999 Active 1 DOM

ⓘ 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
$1,430 · $119/mo
Projected year-2 tax
$1,784 · $149/mo
Expected delta
+$354/yr (+$30/mo · 24.8%)

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

Climate risk First Street

  • 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,414
− Mortgage interest
−$12,043
− Property taxes
−$1,430
− Insurance
−$1,872
− Repairs & maintenance
−$1,713
− Management
−$1,713
− HOA
−$60
− Depreciation
−$6,255
Taxable loss
−$3,673
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$881
After-tax cash flow
$906/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
Leon
NCES district ID
1201110
Math proficiency
48% ▼ -13.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$46,339
Composite
42.84/100
National rank
#3131
State rank
#33 of 73 in FL

Livability — Woodville

Score
67/100
State rank
#581
US rank
#10723

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Woodville, FL
County
Leon County · 294,472 people
Metro
Tallahassee, FL
Population (ZIP)
19,384
Household income
$48,045
Rent vs Own
40.7% rent · 59.3% own
Severe rent burden
654.0

Population outlook (Leon County) Hauer SSP2

Today (2025)
315,507 people
By 2030
330,677 · +4.8%
By 2040
358,465 · +13.6%
By 2050
386,804 · +22.6%
By 2075
465,480 · +47.5%
By 2100
519,959 · +64.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Black 57% White 33% Two or more races 5% Hispanic / Latino 5% Asian 1%
Common ancestry
Serbian 1% Hispanic 1% Iranian 1%
Foreign-born
3% · Canada
Languages at home
94% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Leon

2024 margin
Strong D (+21.8) · D 60.3% · R 38.5% · Other 1.2%
2008→2024 swing
-2.5pp toward R · 2008: 24.3pp · 2024: 21.8pp
All cycles
2024: D+21.8 2020: D+28.3 2016: D+25.1 2012: D+23.6 2008: D+24.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -63.40%
Current HPI
218.4834
Rent YoY
Metro
Tallahassee, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+1333.3% since first listed
6 events — show timeline
  • 2026-06-09 Listed $214,999 CATRS
  • 2023-03-21 Sold (Public Records) $140,000 Public Records
  • 2023-03-16 Sold (MLS) $140,000 CATRS
  • 2023-02-14 Contingent CATRS
  • 2023-02-06 Listed $158,000 CATRS
  • 1993-06-17 Sold (Public Records) $15,000 Public Records

Property tax history

+9.9%/yr

Latest (2025): $1,430 · -16.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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