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191 NE 136th Ct
F Composite 31.79
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 +13.3/30.0
  • DSCR +4.0/10.0
  • Schools +3.6/10.0
  • 1% rule +2.9/10.0
  • Livability +2.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.2/15.0
  • Appreciation +0.0/10.0

$240,000

191 NE 136th Ct · Williston Highlands, FL 32696
3 bd · 2.0 ba · 1,140 sqft · Manufactured public records · 28 Days on market
Built 2022 1.00 ac lot Est $206k · 16% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to country living with room to breathe in beautiful Williston, Florida! This 2022 mobile home features 3 bedrooms, 2 bathrooms, a carport, storage shed and sits on a fully fenced 1-acre corner lot - perfect for pets, outdoor living, and enjoying the peaceful lifestyle Levy County is known for. You're just minutes from everything that makes Williston such a hidden gem. Enjoy nearby attractions like Devil's Den, Blue Grotto, Cedar Lakes Woods & Gardens, and Goethe State Forest for horseback riding, hiking, diving, and outdoor adventures. Plus, you're conveniently close to local restaurants, grocery stores, feed stores, schools, downtown Williston events, and only a short drive to Ocala, Gainesville, and the World Equestrian Center. Whether you love the small-town charm, outdoor recreation, equestrian lifestyle, or just want space and privacy without being far from town - this property offers the best of North Central Florida living.

Key facts

  • Equestrian lifestyle
  • Outdoor recreation
  • Fully fenced lot

Tags

FULLY FENCED LOTOUTDOOR LIVINGSHORT DRIVE TO OCALASHORT DRIVE TO GAINESVILLEOUTDOOR RECREATIONEQUESTRIAN LIFESTYLE

Property features AI

Exterior

  • Parking: Carport (1 space)
  • Utilities: Well water; Septic tank; Cable connected; Electricity connected; Broadband/high-speed internet available
  • Home design: Manufactured home (single wide); One story; Faces northeast; Residential property
  • Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built on single wide body type
  • Exterior features: Private mailbox; Rain gutters; Shed(s); Cleared lot; Corner lot; Gravel road access

Interior

  • Kitchen: Dishwasher; Range; Range hood; Refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Carpet; Linoleum
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; Kitchen/family room combo; Living room/dining room combo; Walk-in closet(s)
  • Laundry & utility: Interior laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $240k.

Deal economics

  • At list price, monthly cash flow is $-2 ($-25/yr) — negative.
  • To cash-flow at today's rent, offer at most $240k (0.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (21.0% below list).
  • Recommended offer: $190k (21.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 57/100 on livability (#851 in FL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, schools F, amenities F.
  • Levy (rural): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 358 active listings in the ZIP; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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.
  • Current owner paid $18k; list at $240k implies a 1197% gain — meaningful room to come down on a strong offer.

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 $189,694 (21.0% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
0.79%
Cap rate
6.28%
Cash-on-cash
-0.04%
DSCR
1.00
GRM
10.5

CMA / ARV

ARV (on-the-fly)
$206,340
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
329 NE 135th Ct 0.19mi 3/2.0 1,040 (-9%) 9mo $188,000 $181 69

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
-16.4%
Equity multiple
0.42×
Total profit
$-39,092
Equity at exit
$35,785
10-year hold
IRR
-8.2%
Equity multiple
0.49×
Total profit
$-34,490
Equity at exit
$20,751

Cash invested: $67,200 (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.

ZIP-level market 32696

Home prices YoY
-6.2%
Active inventory
358
Price-to-rent
10.5×

Monthly cashflow live

Estimated rent
$1,897 medium interval (Pro) →
Mortgage (P&I)
$1,259
Tax from tax record
$142 /mo · $1,705/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$398
Net cashflow
$-2

Break-even live

Break-even rent $1,900
Max offer price $239,630
Occupancy floor 95%

Sensitivity live

Price -10% $134 -5% $66 +0% $-2 +5% $-70 +10% $-138
Rent -10% $-152 -5% $-77 +0% $-2 +5% $73 +10% $148
Rate -1.0pp $119 -0.5pp $59 base $-2 +0.5pp $-64 +1.0pp $-128

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
$60,000
Closing costs
$7,200
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 19 events

  1. 2026-06-18
    days on market $240,000 Active 28 DOM
  2. 2026-06-17
    days on market $240,000 Active 27 DOM
  3. 2026-06-16
    days on market $240,000 Active 26 DOM
  4. 2026-06-15
    days on market $240,000 Active 25 DOM
  5. 2026-06-14
    pricedays on market $240,000 Active 23 DOM
  6. 2026-06-13
    days on market $250,000 Active 22 DOM
  7. 2026-06-10
    days on market $250,000 Active 20 DOM
  8. 2026-06-09
    days on market $250,000 Active 19 DOM
  9. 2026-06-08
    days on market $250,000 Active 18 DOM
  10. 2026-06-07
    days on market $250,000 Active 17 DOM
  11. 2026-06-05
    days on market $250,000 Active 14 DOM
  12. 2026-06-03
    days on market $250,000 Active 13 DOM
  13. 2026-06-02
    days on market $250,000 Active 12 DOM
  14. 2026-06-01
    days on market $250,000 Active 11 DOM
  15. 2026-05-31
    days on market $250,000 Active 10 DOM
  16. 2026-05-30
    days on market $250,000 Active 9 DOM
  17. 2026-05-23
    listed $250,000 Active 958-char remark
    Show marketing remark (958 chars)

    Welcome to country living with room to breathe in beautiful Williston, Florida! This 2022 mobile home features 3 bedrooms, 2 bathrooms, a carport, storage shed and sits on a fully fenced 1-acre corner lot - perfect for pets, outdoor living, and enjoying the peaceful lifestyle Levy County is known for. You're just minutes from everything that makes Williston such a hidden gem. Enjoy nearby attractions like Devil's Den, Blue Grotto, Cedar Lakes Woods & Gardens, and Goethe State Forest for horseback riding, hiking, diving, and outdoor adventures. Plus, you're conveniently close to local restaurants, grocery stores, feed stores, schools, downtown Williston events, and only a short drive to Ocala, Gainesville, and the World Equestrian Center. Whether you love the small-town charm, outdoor recreation, equestrian lifestyle, or just want space and privacy without being far from town - this property offers the best of North Central Florida living.

  18. 2026-05-21
    listed $250,000 Active
  19. 2001-12-07
    soldstatus $18,500

ⓘ 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
$1,705 · $142/mo
Projected year-2 tax
$1,992 · $166/mo
Expected delta
+$287/yr (+$24/mo · 16.8%)

ⓘ 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 ≥107°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,763
− Mortgage interest
−$13,444
− Property taxes
−$1,705
− Insurance
−$1,200
− Repairs & maintenance
−$1,821
− Management
−$1,821
− Depreciation
−$6,982
Taxable loss
−$4,209
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,010
After-tax cash flow
$985/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
Levy
NCES district ID
1201140
Math proficiency
45% ▼ -8.00%
Reading proficiency
43% ▼ -3.00%
Median HH income
$35,254
Composite
36.42/100
National rank
#4673
State rank
#54 of 73 in FL

Livability — Williston Highlands

Score
57/100
State rank
#851
US rank
#21745

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Williston Highlands, FL
Population (ZIP)
14,532

Population outlook (Levy County) Hauer SSP2

Today (2025)
36,536 people
By 2030
34,498 · -5.6%
By 2040
30,294 · -17.1%
By 2050
26,368 · -27.8%
By 2075
19,003 · -48.0%
By 2100
13,169 · -64.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (69%)
Race & ethnicity
White 69% Hispanic / Latino 13% Black 13% Two or more races 7%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 2%
Common ancestry
Slovak 4% Iranian 2% Lithuanian 1%
Foreign-born
6% · Canada, China
Languages at home
89% English-only · Spanish 10% Chinese 1%

Political lean MEDSL · Levy

2024 margin
Solid R (+50.3) · D 24.6% · R 74.8%
2008→2024 swing
-23.3pp toward R · 2008: -26.9pp · 2024: -50.3pp
All cycles
2024: R+50.3 2020: R+45.6 2016: R+44.8 2012: R+32.2 2008: R+26.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -21.99%
Current HPI
335.7751
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+1251.4% since first listed
3 events — show timeline
  • 2026-05-23 Listed $250,000 DGLMLS
  • 2026-05-21 Listed $250,000 Stellar MLS as Distributed by MLS Grid
  • 2001-12-07 Sold (Public Records) $18,500 Public Records

Property tax history

+23.3%/yr

Latest (2025): $1,705 · +16.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…