14935 SE 47th Ct · Belleview, FL 34491

$130,000

3 bd · 2.0 ba · 1,488 sqft · Manufactured public records · 70 Days on market

Built 2001 9,583 sqft lot $87/sqft · 24% below area Est $171k · 24% under

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• 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

Short Sale. SHORT SALE! Great investment! This would make a great rental. Located close to Belleview, I-75 and The Villages. Home is going to require repairs. 3 Bedroom 2 bath. PLEASE BE CAREFUL FRONT AND BACK DOOR STEPS HAVE SOME ROTTEN SPOTS.

Key facts

• 9,583 sq ft lot
• Built 2001
• Listed 70 days

Tags

• LOCATED CLOSE TO BELLEVIEW
• LOCATED CLOSE TO I-75
• LOCATED CLOSE TO THE VILLAGES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $582 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 4.5% in Belleview — 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 (#458 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, crime F, amenities 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: 705 active listings in the ZIP; 7 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).
• This rent runs 34% of the median local income ($67k/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 $899 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 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 D-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. 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?
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: 1.44% ✓
• Cap rate: 11.66%
• Cash-on-cash: 19.18%
• DSCR: 1.85
• GRM: 5.8

CMA / ARV

• ARV (median comp): $170,717
• List price: $130,000
• Delta: -23.85%
• Verdict: UNDERPRICED
• Comps: 8 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 11.1%
• Equity multiple: 1.44×
• Total profit: $16,010
• Equity at exit: $19,383

10-year hold

• IRR: 20.1%
• Equity multiple: 2.70×
• Total profit: $61,757
• Equity at exit: $11,240

Cash invested: $36,400 (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: 705
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,871 high
• Mortgage (P&I): −$682
• Tax from tax record: −$160 /mo · $1,926/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $582

Break-even live

Break-even rent $1,135

Max offer price $130,000

Occupancy floor 64%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3934 SE 142nd St Summerfield, FL	3.0	2.0	1000	$1,499	$1.50	13d	1	1.05mi
14025 SE 54th Ct Summerfield, FL	2.0	1.5	1008	$1,500	$1.49	13d	1	1.09mi
3780 SE 141st Ln Summerfield, FL	3.0	2.0	1066	$1,595	$1.50	21d	1	1.21mi
3780 SE 141st Ln Summerfield, FL	3.0	2.0	1066	$1,525	$1.43	13d	1	1.21mi
13705 SE 54th Ct Summerfield, FL	3.0	2.0	1416	$1,895	$1.34	21d	1	1.38mi
13678 SE 55th Ave Summerfield, FL	3.0	2.0	960	$1,499	$1.56	21d	1	1.41mi
13609 SE 53rd Ave Summerfield, FL	3.0	2.0	1270	$1,940	$1.53	21d	1	1.42mi

Listing history 27 events

1. 2026-06-18
   days on market $130,000 Active 70 DOM
2. 2026-06-17
   days on market $130,000 Active 69 DOM
3. 2026-06-16
   days on market $130,000 Active 68 DOM
4. 2026-06-15
   days on market $130,000 Active 67 DOM
5. 2026-06-14
   days on market $130,000 Active 65 DOM
6. 2026-06-13
   days on market $130,000 Active 64 DOM
7. 2026-06-10
   days on market $130,000 Active 62 DOM
8. 2026-06-09
   days on market $130,000 Active 61 DOM
9. 2026-06-08
   days on market $130,000 Active 60 DOM
10. 2026-06-07
    days on market $130,000 Active 59 DOM
11. 2026-06-03
    days on market $130,000 Active 55 DOM
12. 2026-06-02
    days on market $130,000 Active 54 DOM
13. 2026-06-01
    days on market $130,000 Active 53 DOM
14. 2026-05-31
    days on market $130,000 Active 52 DOM
15. 2026-05-30
    days on market $130,000 Active 51 DOM
16. 2026-04-09
    listed $130,000 Active 247-char remark

    Show marketing remark (247 chars)

    Short Sale. SHORT SALE! Great investment! This would make a great rental. Located close to Belleview, I-75 and The Villages. Home is going to require repairs. 3 Bedroom 2 bath. PLEASE BE CAREFUL FRONT AND BACK DOOR STEPS HAVE SOME ROTTEN SPOTS.

17. 2022-09-16
    soldstatus $167,000 Closed 482-char remark

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

18. 2022-09-16
    soldstatus $167,000

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

19. 2022-08-15
    status Pending 482-char remark

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

20. 2022-08-03
    status Active 482-char remark

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

21. 2022-07-20
    status Pending 482-char remark

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

22. 2022-07-12
    listed $165,000 Active 482-char remark

    Show marketing remark (482 chars)

    Move in Ready! Open concept with split bedroom floorplan, spacious kitchen with new shaker cabinets, large master bedroom with walk-in closet, master bath features walk in shower and garden tub. Inside laundry. Freshly painted interior, new vinyl plank flooring in the kitchen, dining, and bedrooms, no carpet! New roof in 2019. No HOA, no lot rent, no flood zone! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

23. 2012-10-22
    soldstatus $24,800
24. 2012-07-16
    listed $22,900
25. 2004-10-27
    soldstatus $35,100
26. 2004-10-26
    soldstatus $113,000
27. 2004-07-15
    listed $33,000

ⓘ 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: $1,926 · $160/mo
• Projected year-2 tax: $1,926 · $160/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,452
• − Mortgage interest: −$7,282
• − Property taxes: −$1,926
• − Insurance: −$650
• − Repairs & maintenance: −$1,796
• − Management: −$1,796
• − Depreciation: −$3,782
• Taxable income: $5,220
• Est. tax owed @ 24.0%: −$1,253
• After-tax cash flow: $5,728/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 — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• 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

+293.9% since first listed

12 events — show timeline

• 2026-04-09 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-16 Sold (Public Records) $167,000 Public Records
• 2022-09-16 Sold (MLS) $167,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-08-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-07-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-07-12 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 2012-10-22 Sold (MLS) $24,800 Stellar MLS as Distributed by MLS Grid
• 2012-07-16 Listed $22,900 Stellar MLS as Distributed by MLS Grid
• 2004-10-27 Sold (MLS) $35,100 Stellar MLS as Distributed by MLS Grid
• 2004-10-26 Sold (Public Records) $113,000 Public Records
• 2004-07-15 Listed $33,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+6.0%/yr

Latest (2025): $1,926 · +14.3% YoY. Source: county tax records.