14205 SE 60th Ave · Belleview, FL 34491

$189,900

3 bd · 2.0 ba · 1,620 sqft · Manufactured public records · 18 Days on market

Built 2000 0.28 ac lot Est $194k · at est.

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Why this score? — see what drove the C+ 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 +25.4/30.0
• ARV discount +8.5/15.0
• DSCR +8.4/10.0
• 1% rule +6.4/10.0
• 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

Welcome to this well-located property in the heart of Summerfield, offering the perfect blend of convenience and Florida lifestyle. Situated on SE 60th Ave, this property provides easy access to nearby shopping, dining, medical facilities, and major roadways, while still maintaining a peaceful residential setting. The home features a functional layout designed for comfortable everyday living. Natural light fills the interior spaces, creating a warm and inviting atmosphere throughout. The property offers ample potential for customization, making it an excellent opportunity for primary residence, seasonal use, or investment. The outdoor space provides room to enjoy Florida’s year-round

Key facts

• Convenient access
• Natural light
• Functional layout

Tags

• WELL-LOCATED PROPERTY
• FUNCTIONAL LAYOUT
• NATURAL LIGHT
• OUTDOOR SPACE
• CONVENIENT ACCESS

Property features AI

Finance

• Other: Property type: Residential (Manufactured Home); Lot size approximately 0.28 acres (100 x 120); Zoning: R4; No CDD; Not in a planned development
• HOA & community: No association fees; Association approval not required; Pets allowed: cats and dogs

Exterior

• Parking: Driveway parking; Off-street parking
• Utilities: Public water; Public sewer; Electricity available and connected; Cable available; High-speed internet available; Phone service available
• Home design: Manufactured double-wide home; One-story; Faces west; Completed condition
• Construction: Vinyl siding; Shingle roof; Block foundation with crawl space; Built as a double wide manufactured home
• Exterior features: Covered front porch; Screened porch; Porch; Private mailbox; Shed(s); Chain link and wood fencing; Cleared, level lot; Paved access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Crown molding; Living room / dining room combo; Thermostat; Vaulted ceilings; Walk-in closets; Blinds
• Laundry & utility: Electric dryer hookup; Washer hookup; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $439 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $187k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.1% 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: 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: Harbour View Elementary School (math 41% / reading 38%, grade F, #1,513 of 2,144 statewide, top 73%, 819 students, 71% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 64% FRL track the district average.
• Market conditions: 705 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 39% 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 $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 18 days — a 2% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 23y 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 $16k; list at $190k implies a 1087% 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; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,051 (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. 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?
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. 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: 1.14% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.92%
• DSCR: 1.44
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $194,400
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14182 SE 62nd Ct	0.13mi	4/2.0 (+1)	1,620 (0%)	1mo	$194,000	$120	88
14093 SE 62nd Ct	0.20mi	4/3.0 (+1)	1,856 (+15%)	3mo	$207,700	$112	55

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: -1.4%
• Equity multiple: 0.95×
• Total profit: $-2,786
• Equity at exit: $28,315

10-year hold

• IRR: 8.3%
• Equity multiple: 1.63×
• Total profit: $33,619
• Equity at exit: $16,419

Cash invested: $53,172 (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: 7.3×

Monthly cashflow live

• Estimated rent: $2,157 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$190 /mo · $2,277/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $439

Break-even live

Break-even rent $1,601

Max offer price $189,900

Occupancy floor 75%

Sensitivity live

Price	-10% $547	-5% $493	+0% $439	+5% $386	+10% $332
Rent	-10% $269	-5% $354	+0% $439	+5% $525	+10% $610
Rate	-1.0pp $535	-0.5pp $488	base $439	+0.5pp $390	+1.0pp $340

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13705 SE 54th Ct Summerfield, FL	3.0	2.0	1416	$1,895	$1.34	22d	1	0.73mi
13609 SE 53rd Ave Summerfield, FL	3.0	2.0	1270	$1,940	$1.53	22d	1	0.89mi

Listing history 14 events

1. 2026-06-18
   days on market $189,900 Active 18 DOM
2. 2026-06-17
   days on market $189,900 Active 17 DOM
3. 2026-06-16
   days on market $189,900 Active 16 DOM
4. 2026-06-15
   days on market $189,900 Active 15 DOM
5. 2026-06-14
   days on market $189,900 Active 13 DOM
6. 2026-06-13
   days on market $189,900 Active 12 DOM
7. 2026-06-10
   days on market $189,900 Active 10 DOM
8. 2026-06-09
   days on market $189,900 Active 9 DOM
9. 2026-06-08
   days on market $189,900 Active 8 DOM
10. 2026-06-07
    days on market $189,900 Active 7 DOM
11. 2026-06-03
    days on market $189,900 Active 3 DOM
12. 2026-06-02
    days on market $189,900 Active 2 DOM
13. 2026-06-01
    remarks 693-char remark
14. 2026-06-01
    listed $189,900 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: $2,277 · $190/mo
• Projected year-2 tax: $2,277 · $190/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 9/10 Extreme 7 d/yr ≥109°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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,885
• − Mortgage interest: −$10,637
• − Property taxes: −$2,277
• − Insurance: −$950
• − Repairs & maintenance: −$2,071
• − Management: −$2,071
• − Depreciation: −$5,524
• Taxable income: $2,355
• Est. tax owed @ 24.0%: −$565
• After-tax cash flow: $4,707/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

+1086.9% since first listed

4 events — show timeline

• 2026-05-31 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 2004-09-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2003-09-20 Listed $84,900 Stellar MLS as Distributed by MLS Grid
• 2000-02-15 Sold (Public Records) $16,000 Public Records

Property tax history

+13.5%/yr

Latest (2025): $2,277 · +11.2% YoY. Source: county tax records.