23199 NE 153rd Ct · Interlachen, FL 32134

$89,000

1 bd · 1.0 ba · 576 sqft · SingleFamily public records · 29 Days on market

Built 1990 0.85 ac lot $155/sqft · 57% above area

---

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 +29.6/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

Key facts

• 0.85 acre lot
• Metal roof
• Paved road

Tags

• 0.85 ACRE LOT
• METAL ROOF
• MATURE NATURAL SURROUNDINGS
• NO HOA RESTRICTIONS
• PAVED ROAD

Property features AI

Finance

• Other: Zoning: R4; Lot approximately 0.85 acre (160 x 100); Total rooms: 3; Public records living area: 576 sq ft
• Financial info: No lease restrictions; Tax information available but excluded
• HOA & community: No HOA

Exterior

• Parking: No parking details provided
• Utilities: Well water; Septic tank; Electricity connected; Propane
• Home design: Single family residence; One story; Faces west
• Construction: Frame construction with wood siding; Metal roof; Pillar/post/pier foundation; Built area approximately 748 sq ft
• Exterior features: Private mailbox; Dirt road access

Interior

• Kitchen: Dishwasher; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window cooling unit(s)
• Interior features: Eat-in kitchen; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Solid wood cabinets; Wood-burning fireplace
• Laundry & utility: Outdoor laundry area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $89k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $89k).
• Recommended offer: $88k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.6% vs local median 5.6% in Interlachen — 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 67/100 on livability (#540 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, 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: 299 active listings in the ZIP; 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 $615 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $6k (6%) 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; major 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 $87,665 (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. 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.
4. 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.
5. 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: 1.32% ✓
• Cap rate: 10.62%
• Cash-on-cash: 15.46%
• DSCR: 1.69
• GRM: 6.3

CMA / ARV

• ARV (median comp): $56,867
• List price: $89,000
• Delta: 56.50%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 6.2%
• Equity multiple: 1.24×
• Total profit: $6,045
• Equity at exit: $13,270

10-year hold

• IRR: 15.6%
• Equity multiple: 2.27×
• Total profit: $31,656
• Equity at exit: $7,695

Cash invested: $24,920 (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 32134

• Home prices YoY: -24.4%
• Active inventory: 299
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,177 medium
• Mortgage (P&I): −$467
• Tax from tax record: −$105 /mo · $1,259/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $321

Break-even live

Break-even rent $771

Max offer price $89,000

Occupancy floor 68%

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-05-12
   price $89,000 1403-char remark
2. 2026-04-29
   listed $95,000 Active 1403-char remark
3. 2023-11-13
   soldstatus $91,690 Closed 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

4. 2023-11-13
   soldstatus $91,690

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

5. 2023-09-27
   status Pending 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

6. 2023-09-03
   price $86,500 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

7. 2023-07-05
   price $105,999 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

8. 2023-06-25
   price $114,900 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

9. 2023-03-18
   listed $124,900 Active 397-char remark

   Show marketing remark (397 chars)

   Hunting Cabin in the world famous Ocala National Forest is the perfect get away for those that loves the outdoors. The home has a metal roof, a chain link fence on a flat almost cleared . 73 acres. 1 well, 1 septic tank. Boat ramp is less than a mile away. Rodman is know for its excellent fishing. Close to 4-wheel trails, river, springs and Rodman Reservoir / Lake Ocklawaha. Owner is motivated.

10. 2021-03-25
    soldstatus $35,000 Closed

    Show marketing remark (671 chars)

    Affordable Fixer Upper - Small cabin in the Ocala National Forest on . 73 acre. Storage shed with covered carport/pole barn beside it - Great for parking ATVs or use for deer cleaning area during hunting season. Several animal pens, fenced yard around cabin. The property runs street to street allowing easy access for campers or boats. Only a couple of blocks off the paved road. Close to the Ocklawaha River and the Ocala National Forest to enjoy fishing and hunting. The home needs repairs and clean up. No heat or appliances. Hole in living room ceiling but not believed to be leaking - Metal roof. Property will need extensive clean up - Sold As Is - Cash only sale.

11. 2021-03-04
    status Pending

    Show marketing remark (671 chars)

    Affordable Fixer Upper - Small cabin in the Ocala National Forest on . 73 acre. Storage shed with covered carport/pole barn beside it - Great for parking ATVs or use for deer cleaning area during hunting season. Several animal pens, fenced yard around cabin. The property runs street to street allowing easy access for campers or boats. Only a couple of blocks off the paved road. Close to the Ocklawaha River and the Ocala National Forest to enjoy fishing and hunting. The home needs repairs and clean up. No heat or appliances. Hole in living room ceiling but not believed to be leaking - Metal roof. Property will need extensive clean up - Sold As Is - Cash only sale.

12. 2021-02-15
    listed $38,000 Active

    Show marketing remark (671 chars)

    Affordable Fixer Upper - Small cabin in the Ocala National Forest on . 73 acre. Storage shed with covered carport/pole barn beside it - Great for parking ATVs or use for deer cleaning area during hunting season. Several animal pens, fenced yard around cabin. The property runs street to street allowing easy access for campers or boats. Only a couple of blocks off the paved road. Close to the Ocklawaha River and the Ocala National Forest to enjoy fishing and hunting. The home needs repairs and clean up. No heat or appliances. Hole in living room ceiling but not believed to be leaking - Metal roof. Property will need extensive clean up - Sold As Is - Cash only sale.

13. 1983-09-01
    soldstatus $6,400

ⓘ 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: $1,259 · $105/mo
• Projected year-2 tax: $1,259 · $105/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 6/10 Major
• 🌡 Heat 8/10 Severe 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,124
• − Mortgage interest: −$4,985
• − Property taxes: −$1,259
• − Insurance: −$445
• − Repairs & maintenance: −$1,130
• − Management: −$1,130
• − Depreciation: −$2,589
• Taxable income: $2,586
• Est. tax owed @ 24.0%: −$621
• After-tax cash flow: $3,233/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 — Interlachen

• Score: 67/100
• State rank: #540
• US rank: #10162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 11,580
• Population (ZIP): 7,400

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 (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Italian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% 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: ▼ -72.45%
• Current HPI: 224.9549
• Rent YoY: —
• Metro: —
• 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

+1290.6% since first listed

15 events — show timeline

• 2026-06-12 Sold (MLS) $89,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-12 Price Changed $89,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-29 Listed $95,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-13 Sold (Public Records) $91,690 Public Records
• 2023-11-13 Sold (MLS) $91,690 Stellar MLS as Distributed by MLS Grid
• 2023-09-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-09-03 Price Changed $86,500 Stellar MLS as Distributed by MLS Grid
• 2023-07-05 Price Changed $105,999 Stellar MLS as Distributed by MLS Grid
• 2023-06-25 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2023-03-18 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2021-03-25 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
• 2021-03-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-02-15 Listed $38,000 Stellar MLS as Distributed by MLS Grid
• 1983-09-01 Sold (Public Records) $6,400 Public Records

Property tax history

+15.1%/yr

Latest (2025): $1,259 · +28.6% YoY. Source: county tax records.