1018 NE 20th St · Ocala, FL 34470

$199,900

3 bd · 2.0 ba · 1,369 sqft · SingleFamily public records · 31 Days on market

Built 1992 0.26 ac lot Est $212k · 6% under

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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 +10.1/15.0
• DSCR +4.6/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED - 3 Bedroom home built in 1992 offers; New laminate flooring, Fresh Interior paint, wood deck overlooking the fenced back yard perfect for BBQ area. Family room PLUS large bonus room is wired for surround sound. Located in City of Ocala and convenient location close to shopping, dining and grocery stores.

Key facts

• Open living room
• Large family room
• Private backyard

Tags

• PRIVATE BACKYARD
• OPEN LIVING ROOM
• DINING AREA
• LARGE FAMILY ROOM

Property features AI

Finance

• Other: Zoned R1A

Exterior

• Parking: Attached garage (1-car)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single-family residence; One story; Faces east; Homestead property
• Construction: Vinyl siding; Shingle roof; Slab foundation; Built on a lot of about 0.26 acres
• Exterior features: Storage; Wood fencing; Asphalt road access; Lot dimensions approximately 80 x 143

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Hardwood; Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Open floorplan
• Laundry & utility: Laundry in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

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 $161k (19.4% below list).
• Recommended offer: $161k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.1% 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.
• Zoned schools: Oakcrest Elementary School (math 38% / reading 32%, grade F, #1,697 of 2,144 statewide, top 80%, 470 students, 83% FRL); Fort King Middle School (math 37% / reading 35%, grade F, #410 of 571 statewide, top 72%, 1,092 students, 71% FRL); Vanguard High School (math 22% / reading 48%, grade F, #379 of 667 statewide, top 58%, 1,661 students, 59% FRL).
• Market conditions: Rents soft (-0.1%/yr); 297 active listings in the ZIP; 19 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 37% of the median local income ($52k/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.
• 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 31 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago; this cycle's ask has dropped $24k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; list at $200k implies a 167% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $161,199 (19.4% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 19% 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. 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?
4. 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?
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: 0.81% ✗
• Cap rate: 6.66%
• Cash-on-cash: 1.32%
• DSCR: 1.06
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $212,195
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
910 NE 11th Ave	0.74mi	3/2.0	1,406 (+3%)	4mo	$200,000	$142	58
924 NE 12th Ave	0.72mi	3/2.5	1,439 (+5%)	5mo	$203,500	$141	52
1251 NE 10th St	0.70mi	3/2.0	1,212 (-12%)	2mo	$199,000	$164	47
1522 NE 22nd St	0.50mi	3/2.0	1,232 (-10%)	21mo	$125,000	$101	43
609 NE 27th St	0.62mi	3/2.0	1,200 (-12%)	10mo	$195,000	$163	42
1520 NE 17th Ave	0.65mi	3/2.0	1,176 (-14%)	11mo	$215,000	$183	37
1516 NE 12th St	0.74mi	3/2.0	1,521 (+11%)	20mo	$235,000	$155	30

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.41×
• Total profit: $-33,269
• Equity at exit: $29,806

10-year hold

• IRR: -15.2%
• Equity multiple: 0.24×
• Total profit: $-42,495
• Equity at exit: $17,284

Cash invested: $55,972 (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 34470

• Home prices YoY: -27.6%
• Rents YoY: -0.1%
• Active inventory: 297
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,612 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$80 /mo · $963/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $62

Break-even live

Break-even rent $1,534

Max offer price $199,900

Occupancy floor 91%

Sensitivity live

Price	-10% $175	-5% $118	+0% $62	+5% $5	+10% $-51
Rent	-10% $-66	-5% $-2	+0% $62	+5% $125	+10% $189
Rate	-1.0pp $162	-0.5pp $113	base $62	+0.5pp $10	+1.0pp $-43

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2205 NE 14th Ave Ocala, FL	3.0	1.0	1020	$1,345	$1.32	23d	1	0.40mi
712 NE 26th St Ocala, FL	3.0	2.0	1105	$1,590	$1.44	23d	1	0.50mi
708 NE 26th St Ocala, FL	3.0	2.0	1100	$1,600	$1.45	23d	1	0.51mi
1643 NE 16th Ave Unit B Ocala, FL	2.0	1.0	1635	$1,450	$0.89	23d	1	0.62mi
1838 NE 17th St Ocala, FL	2.0	1.0	1680	$1,200	$0.71	15d	1	0.89mi
3219 NE 16th Ct Unit 3219 Ocala, FL	3.0	2.0	1200	$1,700	$1.42	15d	1	1.05mi
408 NE 12th Ave Ocala, FL	4.0	2.0	1808	$2,100	$1.16	23d	1	1.10mi
2122 NE 28th Pl Ocala, FL	3.0	2.0	1328	$2,100	$1.58	15d	1	1.15mi
710 NE 4th St Unit 101 Ocala, FL	3.0	3.0	1422	$1,575	$1.11	23d	1	1.16mi
339 NE Sanchez Ave Unit 111 Ocala, FL	3.0	3.0	1422	$1,649	$1.16	23d	1	1.16mi
2855 NE 20th Ter Ocala, FL	3.0	2.0	1504	$1,875	$1.25	15d	1	1.17mi
241 NE Tuscawilla Ave Ocala, FL	2.0	1.0	1644	$1,400	$0.85	23d	1	1.25mi
1706 NE 4th St Ocala, FL	3.0	2.0	1573	$2,100	$1.34	15d	1	1.34mi
1549 NE 2nd St Unit B Ocala, FL	2.0	2.0	1036	$1,249	$1.21	23d	1	1.34mi
1718 NE 3rd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	15d	1	1.40mi
1718 NE 3rd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	23d	1	1.40mi
1713 NE 2nd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	23d	1	1.44mi
1812 NE 3rd St Unit 1808 Ocala, FL	2.0	2.0	936	$1,599	$1.71	15d	1	1.44mi
1812 NE 3rd St Unit 1752 Ocala, FL	2.0	2.0	936	$1,499	$1.60	23d	1	1.45mi

Listing history 24 events

1. 2026-06-21
   days on market $199,900 Active 31 DOM
2. 2026-06-18
   price $199,900 Active 28 DOM
3. 2026-06-18
   days on market $224,000 Active 28 DOM
4. 2026-06-17
   days on market $224,000 Active 27 DOM
5. 2026-06-16
   days on market $224,000 Active 26 DOM
6. 2026-06-15
   days on market $224,000 Active 25 DOM
7. 2026-06-14
   days on market $224,000 Active 23 DOM
8. 2026-06-13
   days on market $224,000 Active 22 DOM
9. 2026-06-10
   days on market $224,000 Active 20 DOM
10. 2026-06-09
    days on market $224,000 Active 19 DOM
11. 2026-06-08
    days on market $224,000 Active 18 DOM
12. 2026-06-07
    days on market $224,000 Active 17 DOM
13. 2026-06-03
    days on market $224,000 Active 13 DOM
14. 2026-06-02
    days on market $224,000 Active 12 DOM
15. 2026-06-01
    days on market $224,000 Active 11 DOM
16. 2026-05-31
    days on market $224,000 Active 10 DOM
17. 2026-05-30
    days on market $224,000 Active 9 DOM
18. 2026-05-21
    listed $224,000 Active
19. 2018-03-26
    soldstatus $75,000 321-char remark

    Show marketing remark (321 chars)

    PRICE REDUCED - 3 Bedroom home built in 1992 offers; New laminate flooring, Fresh Interior paint, wood deck overlooking the fenced back yard perfect for BBQ area. Family room PLUS large bonus room is wired for surround sound. Located in City of Ocala and convenient location close to shopping, dining and grocery stores.

20. 2017-12-05
    listed $84,900 321-char remark

    Show marketing remark (321 chars)

    PRICE REDUCED - 3 Bedroom home built in 1992 offers; New laminate flooring, Fresh Interior paint, wood deck overlooking the fenced back yard perfect for BBQ area. Family room PLUS large bonus room is wired for surround sound. Located in City of Ocala and convenient location close to shopping, dining and grocery stores.

21. 2017-01-12
    soldstatus $46,500
22. 2017-01-09
    soldstatus $46,500 344-char remark

    Show marketing remark (344 chars)

    Awesome deal for investor looking for rental property or the homebuyer that can do some handyman work. Features include 3 bedrooms, 2 full baths, nice kitchen w/ large dining area, family room and large bonus room. Convenient location close to shopping, dining, doctors & public bus routes. Needs TLC, ''As-is'' w/ cash transactions only.

23. 2016-11-04
    listed $54,900 344-char remark

    Show marketing remark (344 chars)

    Awesome deal for investor looking for rental property or the homebuyer that can do some handyman work. Features include 3 bedrooms, 2 full baths, nice kitchen w/ large dining area, family room and large bonus room. Convenient location close to shopping, dining, doctors & public bus routes. Needs TLC, ''As-is'' w/ cash transactions only.

24. 1996-05-01
    soldstatus $52,900

ⓘ 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: $963 · $80/mo
• Projected year-2 tax: $1,659 · $138/mo
• Expected delta: +$697/yr (+$58/mo · 72.4%)

ⓘ 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) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 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: $19,344
• − Mortgage interest: −$11,198
• − Property taxes: −$963
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,548
• − Management: −$1,548
• − Depreciation: −$5,815
• Taxable loss: −$2,726
• Est. tax savings @ 24.0%: +$654
• After-tax cash flow: $1,394/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

• Census place: Ocala, FL
• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,443
• Household income: $52,083
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 771.0

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 (71%)
• Race & ethnicity: White 71% Two or more races 12% Hispanic / Latino 12% Black 10% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Romanian 2% Italian 2%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 89% English-only · Spanish 9%

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: ▼ -92.74%
• Current HPI: 242.686
• Rent YoY: ▼ -0.07%
• 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

+277.9% since first listed

8 events — show timeline

• 2026-06-18 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-21 Listed $224,000 Stellar MLS as Distributed by MLS Grid
• 2018-03-26 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
• 2017-12-05 Listed $84,900 Stellar MLS as Distributed by MLS Grid
• 2017-01-12 Sold (Public Records) $46,500 Public Records
• 2017-01-09 Sold (MLS) $46,500 Stellar MLS as Distributed by MLS Grid
• 2016-11-04 Listed $54,900 Stellar MLS as Distributed by MLS Grid
• 1996-05-01 Sold (Public Records) $52,900 Public Records

Property tax history

+5.2%/yr

Latest (2025): $963 · +2.4% YoY. Source: county tax records.