3530 S Pine Ave · Ocala, FL 34471

$8,900

2 bd · 2.0 ba · — sqft · MultiFamily · 23 Days on market

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 1 unit. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

SINGLE WIDE MOBILE HOME LOCATED IN A 55 PLUS PARK. CLOSE TO SHOPPING AND THE DRIVE IN THEATER.

Key facts

• Close to shopping
• Drive in theater
• Listed 23 days

Tags

• CLOSE TO SHOPPING
• DRIVE IN THEATER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath multifamily listed at $9k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $9k).
• Recommended offer: $9k (1.5% below list) — sets the bar for market timing.
• Cap rate 144.7% vs local median 4.2% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute 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: Rents soft (-0.6%/yr); 311 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $62 of loan paydown is wiped out by about $267 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $2k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($9k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $8,766 (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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 15.47% ✓
• Cap rate: 144.70%
• Cash-on-cash: 494.30%
• DSCR: 22.99
• GRM: 0.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 25.05×
• Total profit: $59,921
• Equity at exit: $1,327

10-year hold

• IRR: —
• Equity multiple: 49.50×
• Total profit: $120,850
• Equity at exit: $770

Cash invested: $2,492 (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 34471

• Rents YoY: -0.6%
• Active inventory: 311
• Price-to-rent: 0.5×

Monthly cashflow live

• Estimated rent: $1,377 high
• Mortgage (P&I): −$47
• Tax est. 1.5%: −$11 /mo · $134/yr
• Insurance: −$4
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $1,027

Break-even live

Break-even rent $78

Max offer price $8,900

Occupancy floor 20%

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: $2,225
• Closing costs: $267
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3800 SE 17th Ct Unit B Ocala, FL	2.0	1.0	808	$1,199	$1.48	21d	1	0.57mi
3032 SE 5th Ter Unit D Ocala, FL	1.0	1.0	650	$1,050	$1.62	21d	1	0.62mi
3032 SE 5th Ter Unit F Ocala, FL	1.0	1.0	650	$1,000	$1.54	21d	1	0.62mi
3009 SE 7th Ave Apt D Ocala, FL	2.0	1.0	850	$1,050	$1.24	21d	1	0.63mi
3009 SE 7th Ave Unit C Ocala, FL	2.0	1.0	850	$1,100	$1.29	21d	1	0.63mi
1801 SE 40th Street Rd Ocala, FL	2.0	1.0	3233	$1,300	$0.40	21d	1	0.65mi
3001 SE Lake Weir Ave Ocala, FL	1.0–3.0	1.0–2.0	812	$1,612	$1.98	13d	16	0.65mi
3140 SE 1st Ave Ocala, FL	1.0–2.0	1.0–2.0	800	$1,249	$1.56	13d	5	0.68mi
3950 SE 19th Ave Unit D Ocala, FL	2.0	1.0	808	$1,250	$1.55	21d	1	0.69mi
620 SE 28th Pl Unit A Ocala, FL	1.0	1.0	—	$950	—	21d	1	0.77mi
610 SE 28th Pl Unit D Ocala, FL	1.0	1.0	—	$950	—	21d	1	0.79mi
1610 SE 25th St Unit A Ocala, FL	1.0	1.0	669	$1,174	$1.75	21d	1	0.97mi
908 SE 23rd St Ocala, FL	3.0	2.0	1640	$1,800	$1.10	13d	1	1.05mi
2270 SE 34th St Ocala, FL	2.0	1.5	1022	$1,500	$1.47	13d	1	1.06mi
2201 SE 14th Ave Ocala, FL	2.0	1.5	1050	$1,162	$1.11	13d	2	1.09mi
3821 SW 7th Avenue Rd Ocala, FL	3.0	2.0	1673	$1,800	$1.08	13d	1	1.24mi
1850 SE 18th Ave Ocala, FL	1.0–3.0	1.0–2.0	999	$1,648	$1.65	13d	51	1.28mi
510 SW 28th St Ocala, FL	3.0	2.0	1771	$2,250	$1.27	13d	1	1.30mi
691 SE 19th St Ocala, FL	3.0	2.0	1424	$1,800	$1.26	21d	1	1.33mi
2700 SE 35th St Ocala, FL	3.0	2.0	1977	$2,500	$1.26	21d	1	1.44mi

Listing history 19 events

1. 2026-06-18
   days on market $8,900 Active 23 DOM
2. 2026-06-17
   days on market $8,900 Active 22 DOM
3. 2026-06-16
   days on market $8,900 Active 21 DOM
4. 2026-06-15
   days on market $8,900 Active 20 DOM
5. 2026-06-14
   days on market $8,900 Active 18 DOM
6. 2026-06-13
   days on market $8,900 Active 17 DOM
7. 2026-06-10
   days on market $8,900 Active 15 DOM
8. 2026-06-09
   days on market $8,900 Active 14 DOM
9. 2026-06-08
   days on market $8,900 Active 13 DOM
10. 2026-06-07
    days on market $8,900 Active 12 DOM
11. 2026-06-03
    days on market $8,900 Active 8 DOM
12. 2026-06-02
    days on market $8,900 Active 7 DOM
13. 2026-05-31
    days on market $8,900 Active 5 DOM
14. 2026-05-30
    days on market $8,900 Active 4 DOM
15. 2026-05-26
    listed $8,900 Active
16. 2011-03-31
    historical
17. 2009-03-06
    listed $1,200,000
18. 2007-10-31
    historical
19. 2006-11-06
    listed $1,495,000

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,527
• − Mortgage interest: −$499
• − Property taxes: −$134
• − Insurance: −$44
• − Repairs & maintenance: −$1,322
• − Management: −$1,322
• − Depreciation: −$259
• Taxable income: $12,947
• Est. tax owed @ 24.0%: −$3,107
• After-tax cash flow: $9,211/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 28,342
• Household income: $65,789
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 1494.0

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 (67%)
• Race & ethnicity: White 67% Hispanic / Latino 16% Two or more races 11% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 3% Dominican 1%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica, Dominican Republic
• Languages at home: 86% English-only · Spanish 11% Other Asian/Pacific 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: ▼ -176.55%
• Current HPI: 224.1709
• Rent YoY: ▼ -0.64%
• 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

-99.4% since first listed

5 events — show timeline

• 2026-05-26 Listed $8,900 FSBO.com
• 2011-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-03-06 Listed $1,200,000 Stellar MLS as Distributed by MLS Grid
• 2007-10-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-11-06 Listed $1,495,000 Stellar MLS as Distributed by MLS Grid