6540 W Linden Dr · Homosassa Springs, FL 34446

$170,000

3 bd · 2.0 ba · 936 sqft · Manufactured public records · 163 Days on market

Built 2018 0.49 ac lot Est $153k · 11% over

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Why this score? — see what drove the D+ 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 +21.0/30.0
• DSCR +6.7/10.0
• 1% rule +5.5/10.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.4/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

200' x 115' half acre lot located in the Homosassa Hills subdivison in Homosassa, FL. This neighborhood borders the Sugarmill Woods to the north but does not have the same restrictions on the properties yet has the same close proximity to everything in the area. This lot is made up of 2 smaller lots. It is being sold as one lot but both of these lots are platted and each can be sold separately (use one and sell the other) and each can also be built on separately. This subdivision lies directly in the middle of many Florida Nature areas, including the Chassahowitzka National Wildlife Refuge, Crystal River and Kings Bay, and the 42 Mile Suncoast Trail. OWN IT TODAY FOR JUST $6000 PAY IN FULL… Purchase Price: $6000 CASH - ONLY ABOUT 42% of Market Value!! + Deed Preparation Fee, Recording and Documentary Stamps Tax: $252.00 Total Due: $6252.00 OR FINANCE IT for $6000 (No credit checks)… Payments start at only $175.00 per month with only $100 down plus closing costs. This amount includes monthly service charges which are for loan servicing and liability insurance and 1/12 of the yearly tax bill.

Key facts

• 12x20 pole barn
• Gated driveway
• Fenced in yard

Tags

• MODERN OPEN FLOOR PLAN
• ENERGY EFFICIENT HOME
• UPGRADED INSULATED SHINGLES
• FENCED IN YARD
• GATED DRIVEWAY
• 12X20 POLE BARN

Property features AI

Finance

• Other: Property is homestead; Zoning: RURMH; Lot size approximately 0.49 acres (1/4 to less than 1/2 acre)
• HOA & community: No association

Exterior

• Parking: Covered parking; Driveway; Oversized parking; Boat parking; RV carport; Detached carport with 3 spaces; 1 garage space (has garage)
• Utilities: Well water; Septic tank; Broadband/high-speed internet available; Cable available; Electricity connected; Water connected
• Home design: Manufactured single-wide home; Residential property; Completed condition; One story; Faces north
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Porch; Rain gutters; Cleared, level lot; Asphalt road frontage; Barn(s) and shed(s); Pole barn

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen/family room combo; Open floorplan
• Laundry & utility: Washer; Dryer; Laundry located in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 5.9% in Homosassa Springs — 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 71/100 on livability (#391 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, schools F, amenities F.
• Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 582 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($59k/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 $5k of value loss. Plan a longer hold.
• Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 163 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago; this cycle's ask is 750% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $149,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 163 days. Have you received any prior offers? Is the seller open to a 12% 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 F-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.05% ✓
• Cap rate: 7.99%
• Cash-on-cash: 6.05%
• DSCR: 1.27
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $152,568
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6470 W Akazian Ln	0.08mi	3/2.0	924 (-1%)	2mo	$169,900	$184	92
6460 W Akazian Ln	0.09mi	3/2.0	902 (-4%)	2mo	$184,000	$204	88
6488 W Akazian Ln	0.06mi	3/2.0	902 (-4%)	4mo	$174,000	$193	88
6541 W Erlen Ln	0.07mi	2/2.0 (-1)	924 (-1%)	14mo	$151,000	$163	78
6195 W Cardinal St	0.48mi	2/2.0 (-1)	960 (+3%)	7mo	$70,000	$73	63
6760 W Park Dr	0.34mi	2/1.0 (-1)	848 (-9%)	14mo	$125,000	$147	48
6950 S Solo Ter	0.63mi	4/3.0 (+1)	964 (+3%)	14mo	$138,000	$143	44

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: -6.9%
• Equity multiple: 0.74×
• Total profit: $-12,223
• Equity at exit: $25,348

10-year hold

• IRR: 2.7%
• Equity multiple: 1.19×
• Total profit: $9,167
• Equity at exit: $14,698

Cash invested: $47,600 (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 34446

• Home prices YoY: -10.4%
• Active inventory: 582
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,793 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$214 /mo · $2,567/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$377
• Net cashflow: $240

Break-even live

Break-even rent $1,489

Max offer price $170,000

Occupancy floor 82%

Sensitivity live

Price	-10% $336	-5% $288	+0% $240	+5% $192	+10% $144
Rent	-10% $99	-5% $169	+0% $240	+5% $311	+10% $382
Rate	-1.0pp $326	-0.5pp $283	base $240	+0.5pp $196	+1.0pp $151

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5323 S Knobhill Ter Homosassa, FL	3.0	2.0	925	$1,400	$1.51	21d	1	1.46mi

Listing history 19 events

1. 2026-06-13
   remarks 680-char remark
2. 2026-06-13
   statusdays on market $170,000 Pending 163 DOM
3. 2026-06-09
   days on market $170,000 Active 161 DOM
4. 2026-06-08
   days on market $170,000 Active 160 DOM
5. 2026-06-03
   days on market $170,000 Active 155 DOM
6. 2026-06-02
   days on market $170,000 Active 154 DOM
7. 2026-06-01
   days on market $170,000 Active 153 DOM
8. 2026-05-31
   days on market $170,000 Active 152 DOM
9. 2026-05-30
   days on market $170,000 Active 151 DOM
10. 2026-05-01
    price $170,000
11. 2026-03-23
    price $180,000
12. 2026-02-24
    status Active
13. 2026-02-04
    status Pending
14. 2026-01-13
    price $190,000
15. 2025-12-10
    price $200,000
16. 2025-12-10
    listed $20,000 Active
17. 2021-12-07
    soldstatus $150,000
18. 2018-11-05
    soldstatus $5,000 1136-char remark

    Show marketing remark (1136 chars)

    200' x 115' half acre lot located in the Homosassa Hills subdivison in Homosassa, FL. This neighborhood borders the Sugarmill Woods to the north but does not have the same restrictions on the properties yet has the same close proximity to everything in the area. This lot is made up of 2 smaller lots. It is being sold as one lot but both of these lots are platted and each can be sold separately (use one and sell the other) and each can also be built on separately. This subdivision lies directly in the middle of many Florida Nature areas, including the Chassahowitzka National Wildlife Refuge, Crystal River and Kings Bay, and the 42 Mile Suncoast Trail. OWN IT TODAY FOR JUST $6000 PAY IN FULL… Purchase Price: $6000 CASH - ONLY ABOUT 42% of Market Value!! + Deed Preparation Fee, Recording and Documentary Stamps Tax: $252.00 Total Due: $6252.00 OR FINANCE IT for $6000 (No credit checks)… Payments start at only $175.00 per month with only $100 down plus closing costs. This amount includes monthly service charges which are for loan servicing and liability insurance and 1/12 of the yearly tax bill.

19. 2016-08-13
    listed $6,000 1136-char remark

    Show marketing remark (1136 chars)

    200' x 115' half acre lot located in the Homosassa Hills subdivison in Homosassa, FL. This neighborhood borders the Sugarmill Woods to the north but does not have the same restrictions on the properties yet has the same close proximity to everything in the area. This lot is made up of 2 smaller lots. It is being sold as one lot but both of these lots are platted and each can be sold separately (use one and sell the other) and each can also be built on separately. This subdivision lies directly in the middle of many Florida Nature areas, including the Chassahowitzka National Wildlife Refuge, Crystal River and Kings Bay, and the 42 Mile Suncoast Trail. OWN IT TODAY FOR JUST $6000 PAY IN FULL… Purchase Price: $6000 CASH - ONLY ABOUT 42% of Market Value!! + Deed Preparation Fee, Recording and Documentary Stamps Tax: $252.00 Total Due: $6252.00 OR FINANCE IT for $6000 (No credit checks)… Payments start at only $175.00 per month with only $100 down plus closing costs. This amount includes monthly service charges which are for loan servicing and liability insurance and 1/12 of the yearly tax bill.

ⓘ 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: $2,567 · $214/mo
• Projected year-2 tax: $2,567 · $214/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 6/10 Major FEMA zone X (unshaded) · 57% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,516
• − Mortgage interest: −$9,523
• − Property taxes: −$2,567
• − Insurance: −$850
• − Repairs & maintenance: −$1,721
• − Management: −$1,721
• − Depreciation: −$4,945
• Taxable income: $188
• Est. tax owed @ 24.0%: −$45
• After-tax cash flow: $2,837/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: Citrus
• NCES district ID: 1200270
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $38,618
• Composite: 41.28/100
• National rank: #3519
• State rank: #44 of 73 in FL

Livability — Homosassa Springs

• Score: 71/100
• State rank: #391
• US rank: #6877

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Homosassa Springs, FL
• County: Citrus County · 111,314 people
• Metro: Homosassa Springs, FL
• Population (ZIP): 19,102
• Household income: $58,802
• Rent vs Own: 6.9% rent · 93.1% own
• Severe rent burden: 121.0

Population outlook (Citrus County) Hauer SSP2

• Today (2025): 138,622 people
• By 2030: 136,886 · -1.3%
• By 2040: 132,009 · -4.8%
• By 2050: 125,196 · -9.7%
• By 2075: 108,570 · -21.7%
• By 2100: 84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 4% Lithuanian 4% Slovak 3%
• Foreign-born: 5% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Citrus

• 2024 margin: Solid R (+45.9) · D 26.8% · R 72.6%
• 2008→2024 swing: -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.11%
• Current HPI: 277.2576
• Rent YoY: —
• Metro: Homosassa Springs, 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

+2733.3% since first listed

10 events — show timeline

• 2026-05-01 Price Changed $170,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Price Changed $180,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-10 Price Changed $200,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-10 Listed $20,000 Stellar MLS as Distributed by MLS Grid
• 2021-12-07 Sold (Public Records) $150,000 Public Records
• 2018-11-05 Sold (MLS) $5,000 Stellar MLS as Distributed by MLS Grid
• 2016-08-13 Listed $6,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+27.8%/yr

Latest (2025): $2,567 · +5.7% YoY. Source: county tax records.