480 NE 64th Ave · Silver Springs, FL 34470

$139,000

3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 131 Days on market

Manufactured home Built 1979 7,405 sqft lot $121/sqft · 6% above area Est $131k · 6% over $150/mo HOA · 13% of rent

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Why this score? — see what drove the F 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 +7.1/30.0
• ARV discount +4.7/15.0
• Schools +3.6/10.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this 3 bedroom, 2 bath double-wide Mobile Home with an enclosed patio with A. C. The home is located in Ocala East Villas an all-ages community. Where You own the land, no lot rent. Monthly HOA Fee is only $150/month; includes water, sewer, and trash, as well as use of the community facilities which include pool, clubhouse, library, workout room, shuffleboard, and monthly activities. Home offers built in cabinets and a large, covered carport and storage shed that can be used as workspace/workshop located under the carport. Laundry closet is located inside the home. Come see this home and community is all about. A RV lot is also available, contact the HOA for availability and fees. Ocala is the perfect setting to enjoy the best of Florida's horse country. Surrounded by rolling pastures and scenic springs, this is a Perfect Winter Retreat or to call home. Big city life is always there when you want it, with Orlando, Tampa, and both coastlines within easy driving distance. You can enjoy the great outdoors walking or biking along the neighborhood trails or soaking up the sun.

Key facts

• 7,405 sq ft lot
• 2 parking spots
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $139k.

Deal economics

• At list price, monthly cash flow is $-196 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $104k (24.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $117k (15.5% below list).
• Recommended offer: $104k (24.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads: area grade F — 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: Ward-Highlands Elementary School (math 60% / reading 55%, grade C+, #764 of 2,144 statewide, top 36%, 959 students, 59% FRL); Fort King Middle School (math 37% / reading 35%, grade F, #410 of 571 statewide, top 72%, 1,092 students, 71% FRL); Vanguard High School (math 22% / reading 48%, grade F, #379 of 667 statewide, top 58%, 1,661 students, 59% FRL) — zoned schools at 63% FRL track the district average.
• Market conditions: Rents soft (-0.1%/yr); 297 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $961 of loan paydown is wiped out by about $4k 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 131 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $104,320 (24.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 4.60%
• Cash-on-cash: -6.05%
• DSCR: 0.73
• GRM: 9.9

CMA / ARV

• ARV (median comp): $130,949
• List price: $139,000
• Delta: 6.15%
• Verdict: FAIR
• Comps: 4 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6500 NE 3rd St	0.18mi	2/2.0 (-1)	1,244 (+8%)	2mo	$144,900	$116	71
6786 NE 5th Pl	0.34mi	2/2.0 (-1)	1,243 (+8%)	6mo	$118,000	$95	61
9 SE 70th Cir	0.70mi	3/2.0	1,166 (+1%)	7mo	$185,000	$159	59

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -30.7%
• Equity multiple: 0.01×
• Total profit: $-38,351
• Equity at exit: $20,725

10-year hold

• IRR: -58.6%
• Equity multiple: -0.60×
• Total profit: $-62,317
• Equity at exit: $12,018

Cash invested: $38,920 (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 34470

• Home prices YoY: -27.6%
• Rents YoY: -0.1%
• Active inventory: 297
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,174 high
• Mortgage (P&I): −$729
• Tax from tax record: −$187 /mo · $2,248/yr
• Insurance: −$58
• HOA: −$150
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $-196

Break-even live

Break-even rent $1,423

Max offer price $104,320

Occupancy floor —

Sensitivity live

Price	-10% $-118	-5% $-157	+0% $-196	+5% $-236	+10% $-275
Rent	-10% $-289	-5% $-243	+0% $-196	+5% $-150	+10% $-104
Rate	-1.0pp $-126	-0.5pp $-161	base $-196	+0.5pp $-232	+1.0pp $-269

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
600 NE 63rd Ct Ocala, FL	2.0	2.0	785	$1,295	$1.65	16d	1	0.11mi
15 NE 63rd Ct Ocala, FL	3.0	2.0	1500	$1,700	$1.13	23d	1	0.31mi
6859 NE 1st Pl Ocala, FL	3.0	2.0	1250	$1,400	$1.12	23d	1	0.44mi
6772 NE 1st St Unit Na Ocala, FL	3.0	2.0	1300	$1,500	$1.15	16d	1	0.45mi
6858 NE 2nd Loop Ocala, FL	2.0	2.0	950	$1,250	$1.32	23d	1	0.47mi
1503 Peachtree Ln Ocala, FL	2.0	2.0	1152	$1,450	$1.26	23d	1	1.30mi

HOA detail

• Monthly dues: $150 · $1,800/yr
• Likely covers: watersewertrashpool

Listing history 31 events

1. 2026-06-22
   days on market $139,000 Active 131 DOM
2. 2026-06-18
   days on market $139,000 Active 128 DOM
3. 2026-06-17
   days on market $139,000 Active 127 DOM
4. 2026-06-16
   days on market $139,000 Active 126 DOM
5. 2026-06-15
   days on market $139,000 Active 125 DOM
6. 2026-06-14
   days on market $139,000 Active 123 DOM
7. 2026-06-13
   days on market $139,000 Active 122 DOM
8. 2026-06-10
   days on market $139,000 Active 120 DOM
9. 2026-06-09
   days on market $139,000 Active 119 DOM
10. 2026-06-08
    days on market $139,000 Active 118 DOM
11. 2026-06-07
    days on market $139,000 Active 117 DOM
12. 2026-06-03
    days on market $139,000 Active 113 DOM
13. 2026-06-02
    days on market $139,000 Active 112 DOM
14. 2026-06-01
    days on market $139,000 Active 111 DOM
15. 2026-05-31
    days on market $139,000 Active 110 DOM
16. 2026-05-30
    days on market $139,000 Active 109 DOM
17. 2026-03-26
    price $139,000 1099-char remark

    Show marketing remark (1099 chars)

    Welcome to this 3 bedroom, 2 bath double-wide Mobile Home with an enclosed patio with A. C. The home is located in Ocala East Villas an all-ages community. Where You own the land, no lot rent. Monthly HOA Fee is only $150/month; includes water, sewer, and trash, as well as use of the community facilities which include pool, clubhouse, library, workout room, shuffleboard, and monthly activities. Home offers built in cabinets and a large, covered carport and storage shed that can be used as workspace/workshop located under the carport. Laundry closet is located inside the home. Come see this home and community is all about. A RV lot is also available, contact the HOA for availability and fees. Ocala is the perfect setting to enjoy the best of Florida's horse country. Surrounded by rolling pastures and scenic springs, this is a Perfect Winter Retreat or to call home. Big city life is always there when you want it, with Orlando, Tampa, and both coastlines within easy driving distance. You can enjoy the great outdoors walking or biking along the neighborhood trails or soaking up the sun.

18. 2026-02-10
    listed $140,000 Active 1099-char remark

    Show marketing remark (1099 chars)

    Welcome to this 3 bedroom, 2 bath double-wide Mobile Home with an enclosed patio with A. C. The home is located in Ocala East Villas an all-ages community. Where You own the land, no lot rent. Monthly HOA Fee is only $150/month; includes water, sewer, and trash, as well as use of the community facilities which include pool, clubhouse, library, workout room, shuffleboard, and monthly activities. Home offers built in cabinets and a large, covered carport and storage shed that can be used as workspace/workshop located under the carport. Laundry closet is located inside the home. Come see this home and community is all about. A RV lot is also available, contact the HOA for availability and fees. Ocala is the perfect setting to enjoy the best of Florida's horse country. Surrounded by rolling pastures and scenic springs, this is a Perfect Winter Retreat or to call home. Big city life is always there when you want it, with Orlando, Tampa, and both coastlines within easy driving distance. You can enjoy the great outdoors walking or biking along the neighborhood trails or soaking up the sun.

19. 2026-01-13
    historical
20. 2025-11-19
    price $140,000
21. 2025-11-18
    status Active
22. 2025-11-13
    status Pending
23. 2025-01-14
    listed $150,000 Active
24. 2022-06-01
    soldstatus $145,000 Closed
25. 2022-05-20
    status Pending
26. 2022-05-07
    status Active
27. 2022-04-07
    status Pending
28. 2022-04-01
    listed $149,700 Active
29. 2000-08-01
    soldstatus $47,000
30. 1988-11-01
    soldstatus $38,900
31. 1985-12-01
    soldstatus $32,500

ⓘ 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: $2,248 · $187/mo
• Projected year-2 tax: $2,248 · $187/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 · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,094
• − Mortgage interest: −$7,786
• − Property taxes: −$2,248
• − Insurance: −$695
• − Repairs & maintenance: −$1,127
• − Management: −$1,127
• − HOA: −$1,800
• − Depreciation: −$4,044
• Taxable loss: −$4,734
• Est. tax savings @ 24.0%: +$1,136
• After-tax cash flow: $-1,220/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 — Silver Springs

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

Census & demographics

• County: Marion County · 315,796 people
• Metro: Ocala, FL
• Population (ZIP): 22,443
• Household income: $52,083
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 771.0

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 (71%)
• Race & ethnicity: White 71% Two or more races 12% Hispanic / Latino 12% Black 10% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Romanian 2% Italian 2%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 89% English-only · Spanish 9%

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: ▼ -92.74%
• Current HPI: 242.686
• Rent YoY: ▼ -0.07%
• 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

+327.7% since first listed

15 events — show timeline

• 2026-03-26 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-01-14 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-01 Sold (MLS) $145,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-04-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-04-01 Listed $149,700 Stellar MLS as Distributed by MLS Grid
• 2000-08-01 Sold (Public Records) $47,000 Public Records
• 1988-11-01 Sold (Public Records) $38,900 Public Records
• 1985-12-01 Sold (Public Records) $32,500 Public Records

Property tax history

+17.0%/yr

Latest (2025): $2,248 · +8.3% YoY. Source: county tax records.