235 SW Valentine Ave · Madison, FL 32340

$70,000

3 bd · 1.0 ba · 888 sqft · SingleFamily public records · 193 Days on market

Built 1948 Est $107k · 35% under ↓ 40% since listing

---

Why this score? — see what drove the A 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
• Appreciation +10.0/10.0
• 1% rule +9.1/10.0
• Livability +3.5/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Move-in-ready 3/1 home with a clean and updated interior. This charming property features a bright layout, a brand-new AC unit, and newly remodeled flooring. The washer and dryer are included, making the home truly ready for its next family. Please note: the small exterior shed is not included in the sale, but you will enjoy a spacious yard perfect for your garden, a play area, or any project you’ve been dreaming of. Ready for immediate occupancy.

Key facts

• Spacious yard
• Updated interior
• Brand-new ac unit

Tags

• UPDATED INTERIOR
• BRAND-NEW AC UNIT
• NEWLY REMODELED FLOORING
• SPACIOUS YARD

Property features AI

Exterior

• Parking: 1-car garage; On-street parking available
• Home design: Single-story residential home
• Construction: Frame construction
• Exterior features: Metal roof

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Central electric heating
• Interior features: Washer and dryer included; Central air conditioning; Central electric heating
• Laundry & utility: Washer and dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $261 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($990 rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 2.6% in Madison — 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 70/100 on livability (#437 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: schools C-, housing D+, amenities F.
• Madison (rural): math 39% / reading 40% proficiency, ranked #64 of 73 in FL (top 88%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 97 active listings in the ZIP; 31 units permitted in Madison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($484 loan paydown + $7k appreciation (10.0% local appreciation)).
• Madison County population projected at -29% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 193 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 3y 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

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 193 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 1948 — 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: 1.41% ✓
• Cap rate: 10.77%
• Cash-on-cash: 15.97%
• DSCR: 1.71
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $107,448
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
470 SW Lee Ave	0.28mi	2/1.0 (-1)	852 (-4%)	5mo	$26,000	$31	71
137 SW Miller St	0.39mi	2/1.0 (-1)	840 (-5%)	7mo	$40,000	$48	62
546 SW Range Ave	0.41mi	3/1.0	1,021 (+15%)	6mo	$124,900	$122	51
159 SE Seminole St	0.62mi	2/1.0 (-1)	981 (+10%)	11mo	$119,000	$121	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 36.1%
• Equity multiple: 3.79×
• Total profit: $54,780
• Equity at exit: $63,062

10-year hold

• IRR: 31.1%
• Equity multiple: 8.57×
• Total profit: $148,325
• Equity at exit: $135,995

Cash invested: $19,600 (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 32340

• Home prices YoY: 32.0%
• Active inventory: 97
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $990 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$125 /mo · $1,503/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$208
• Net cashflow: $261

Break-even live

Break-even rent $660

Max offer price $70,000

Occupancy floor 69%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-19
   days on market $70,000 Active 193 DOM
2. 2026-06-18
   days on market $70,000 Active 192 DOM
3. 2026-06-17
   days on market $70,000 Active 191 DOM
4. 2026-06-16
   days on market $70,000 Active 190 DOM
5. 2026-06-15
   days on market $70,000 Active 189 DOM
6. 2026-06-14
   days on market $70,000 Active 187 DOM
7. 2026-06-13
   days on market $70,000 Active 186 DOM
8. 2026-06-10
   days on market $70,000 Active 184 DOM
9. 2026-06-09
   days on market $70,000 Active 183 DOM
10. 2026-06-08
    days on market $70,000 Active 182 DOM
11. 2026-06-07
    days on market $70,000 Active 181 DOM
12. 2026-06-05
    days on market $70,000 Active 178 DOM
13. 2026-06-03
    days on market $70,000 Active 177 DOM
14. 2026-06-02
    days on market $70,000 Active 176 DOM
15. 2026-06-01
    days on market $70,000 Active 175 DOM
16. 2026-05-31
    days on market $70,000 Active 174 DOM
17. 2026-05-30
    days on market $70,000 Active 173 DOM
18. 2025-12-08
    listed $70,000 Active
19. 2025-10-29
    price $70,000
20. 2025-08-11
    listed $75,000 Active
21. 2025-04-04
    status Active
22. 2025-03-25
    status Active Under Contract
23. 2025-03-11
    price $85,000
24. 2025-01-23
    listed $49,000 Active
25. 2024-11-21
    historical Active Under Contract
26. 2024-11-20
    soldstatus $62,500 Closed
27. 2024-11-07
    listed $75,000 Active
28. 2024-03-06
    listed $105,000 Active
29. 2024-03-04
    historical
30. 2024-01-11
    price $105,000
31. 2023-11-26
    listed $115,999 Active

ⓘ 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: $1,503 · $125/mo
• Projected year-2 tax: $1,503 · $125/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 · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 11 unhealthy d/yr today · 12 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,885
• − Mortgage interest: −$3,921
• − Property taxes: −$1,503
• − Insurance: −$350
• − Repairs & maintenance: −$951
• − Management: −$951
• − Depreciation: −$2,036
• Taxable income: $2,173
• Est. tax owed @ 24.0%: −$521
• After-tax cash flow: $2,610/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: Madison
• NCES district ID: 1201200
• Math proficiency: 39% ▼ -5.00%
• Reading proficiency: 40% ▼ -2.00%
• Median HH income: $33,925
• Composite: 32.54/100
• National rank: #5693
• State rank: #64 of 73 in FL

Livability — Madison

• Score: 70/100
• State rank: #437
• US rank: #7819

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, FL
• Population (ZIP): 10,424

Population outlook (Madison County) Hauer SSP2

• Today (2025): 16,849 people
• By 2030: 15,883 · -5.7%
• By 2040: 13,861 · -17.7%
• By 2050: 11,918 · -29.3%
• By 2075: 7,810 · -53.6%
• By 2100: 4,684 · -72.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 50% Black 43% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 1% Iranian 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Madison

• 2024 margin: Strong R (+28.9) · D 35.3% · R 64.2%
• 2008→2024 swing: -25.8pp toward R · 2008: -3.1pp · 2024: -28.9pp
• All cycles: 2024: R+28.9 2020: R+19.5 2016: R+15.6 2012: R+3.4 2008: R+3.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 65.13%
• Current HPI: 268.8459
• 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

-39.7% since first listed

14 events — show timeline

• 2025-12-08 Listed $70,000 NFMLS
• 2025-10-29 Price Changed $70,000 NFMLS
• 2025-08-11 Listed $75,000 NFMLS
• 2025-04-04 Relisted — NFMLS
• 2025-03-25 Relisted — NFMLS
• 2025-03-11 Price Changed $85,000 NFMLS
• 2025-01-23 Listed $49,000 NFMLS
• 2024-11-21 Contingent — NFMLS
• 2024-11-20 Sold (MLS) $62,500 NFMLS
• 2024-11-07 Listed $75,000 NFMLS
• 2024-03-06 Listed $105,000 NFMLS
• 2024-03-04 Listing Removed — CATRS
• 2024-01-11 Price Changed $105,000 CATRS
• 2023-11-26 Listed $115,999 CATRS

Property tax history

+13.0%/yr

Latest (2024): $1,503 · +193.5% YoY. Source: county tax records.