10859 SE 131st Pl · Ocklawaha, FL 32179

$72,000

3 bd · 2.0 ba · 1,328 sqft · Manufactured public records · 127 Days on market

Built 1976 0.28 ac lot

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

Listing remarks MLS

Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

Key facts

• Large back yard
• Dining room
• Formal living room

Tags

• LARGE BACK YARD
• FORMAL LIVING ROOM
• DINING ROOM
• WALK IN CLOSET
• LARGE WORKSHOP AREA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $72k.

Deal economics

• At list price, monthly cash flow is $997 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $72k).
• Recommended offer: $63k (12.0% below list) — sets the bar for market timing.
• Cap rate 22.9% vs local median 5.1% in Ocklawaha — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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: Belleview Elementary School (math 48% / reading 44%, grade D-, #1,234 of 2,144 statewide, top 58%, 650 students, 73% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
• Market conditions: 426 active listings in the ZIP; 4 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).
• At $1,915/mo this rent would consume 49% of the median local household income ($47k/yr) (locally 303% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $498 of loan paydown is wiped out by about $2k 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 $20k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $42k (37%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $63,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 2.66% ✓
• Cap rate: 22.90%
• Cash-on-cash: 59.32%
• DSCR: 3.64
• GRM: 3.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 58.0%
• Equity multiple: 3.57×
• Total profit: $51,844
• Equity at exit: $10,735

10-year hold

• IRR: 62.8%
• Equity multiple: 7.30×
• Total profit: $127,038
• Equity at exit: $6,225

Cash invested: $20,160 (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 32179

• Home prices YoY: -18.3%
• Active inventory: 426
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,915 medium
• Mortgage (P&I): −$378
• Tax from tax record: −$109 /mo · $1,307/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $997

Break-even live

Break-even rent $654

Max offer price $72,000

Occupancy floor 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: $18,000
• Closing costs: $2,160
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11595 SE 129th Pl Ocklawaha, FL	3.0	2.0	1056	$1,700	$1.61	21d	1	0.77mi
12495 SE 100th Ave Belleview, FL	3.0	2.0	1568	$1,850	$1.18	13d	1	1.07mi
12257 SE 100th Ave Belleview, FL	3.0	2.0	1555	$1,650	$1.06	13d	1	1.24mi
9375 SE 134th St Summerfield, FL	2.0	2.0	1284	$2,300	$1.79	21d	1	1.48mi

Listing history 15 events

1. 2026-04-20
   status Pending
2. 2026-03-30
   price $72,000
3. 2026-03-16
   status Active
4. 2026-03-07
   historical
5. 2026-01-23
   price $82,100
6. 2026-01-03
   price $91,200
7. 2025-12-05
   listed $114,000 Active
8. 2022-12-06
   soldstatus $126,000 Closed 837-char remark

   Show marketing remark (837 chars)

   Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

9. 2022-12-06
   soldstatus $126,000

   Show marketing remark (837 chars)

   Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

10. 2022-10-21
    status Pending 837-char remark

    Show marketing remark (837 chars)

    Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

11. 2022-09-26
    price $126,000 837-char remark

    Show marketing remark (837 chars)

    Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

12. 2022-09-14
    price $129,000 837-char remark

    Show marketing remark (837 chars)

    Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

13. 2022-08-18
    price $137,500 837-char remark

    Show marketing remark (837 chars)

    Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

14. 2022-06-30
    listed $139,000 Active 837-char remark

    Show marketing remark (837 chars)

    Move in Ready! 3/2 manufactured home on . 28 acre! This home is located in the community of Lake Weir Village. Nice and quiet away from the city! This home has plenty of space with a generous living room and family room/den or office space. Master bedroom features a walk-in closet and private bath. You will find vinyl plank and laminate flooring throughout the home. No carpet! The property has a spacious backyard, perfect for campfires at night or entertaining on the back patio. Plenty of room for pets and gardening too. New exterior paint! Updates in 2017 include: new AC, new 4" well, new electrical outside panel and meter. No HOA! Enjoy Carney Island Recreation Park on Lake Weir less then 5 minutes away! Also conveniently located close to The Villages, Belleview and Ocala. Don't wait, schedule your personal tour today!

15. 1993-07-01
    soldstatus $29,900

ⓘ 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: $1,307 · $109/mo
• Projected year-2 tax: $1,307 · $109/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,983
• − Mortgage interest: −$4,033
• − Property taxes: −$1,307
• − Insurance: −$360
• − Repairs & maintenance: −$1,839
• − Management: −$1,839
• − Depreciation: −$2,095
• Taxable income: $11,511
• Est. tax owed @ 24.0%: −$2,763
• After-tax cash flow: $9,196/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 — Ocklawaha

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Marion County · 315,796 people
• City population: 9,318
• Metro: Ocala, FL
• Population (ZIP): 9,318
• Household income: $46,512
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 303.0

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 (81%)
• Race & ethnicity: White 81% Two or more races 12% Hispanic / Latino 11%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 3%
• Common ancestry: Slovak 4% Romanian 2% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 7%

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: ▼ -54.21%
• Current HPI: 242.0408
• 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

+140.8% since first listed

15 events — show timeline

• 2026-04-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Price Changed $72,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $82,100 Stellar MLS as Distributed by MLS Grid
• 2026-01-03 Price Changed $91,200 Stellar MLS as Distributed by MLS Grid
• 2025-12-05 Listed $114,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-06 Sold (Public Records) $126,000 Public Records
• 2022-12-06 Sold (MLS) $126,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-09-26 Price Changed $126,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-14 Price Changed $129,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-18 Price Changed $137,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-30 Listed $139,000 Stellar MLS as Distributed by MLS Grid
• 1993-07-01 Sold (Public Records) $29,900 Public Records

Property tax history

+6.8%/yr

Latest (2025): $1,307 · +27.7% YoY. Source: county tax records.