3464 SE 91st Pl · Ocala, FL 34480

$189,900

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 67 Days on market

Built 2002 9,583 sqft lot $156/sqft · 15% below area Est $222k · 15% under

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Why this score? — see what drove the C- 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 +17.9/30.0
• ARV discount +14.1/15.0
• DSCR +5.6/10.0
• 1% rule +3.9/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely Renovated 3-Bedroom Home with 0.21 Acre Lot – Move-In Ready Under $190K Central AC, Granite Counters, and Updated Interior Throughout Recently and extensively renovated, this home has been fully transformed from its previous condition into a clean, modern, move-in ready living space. Central AC | New granite countertops | Updated flooring | Fresh interior paint | MOVE-IN READY Beautifully updated 3-bedroom home located in a quiet area of Ocala, offering the perfect combination of modern interior finishes, functional layout, and everyday comfort in a price range where updated homes are limited. Inside, you’ll find a bright and inviting layout with fresh paint, updated flooring, and a renovated kitchen featuring new granite countertops, updated cabinetry, and modern finishes—perfect for everyday living and entertaining. The overall renovation creates a cohesive, refreshed feel throughout the home, making it ideal for buyers seeking a turn-key property. The flexible layout allows for a variety of living arrangements, including space for a home office, guest room, or additional living areas. Each space feels clean, updated, and ready for immediate use. Step outside and enjoy a property with room to personalize outdoor living, gardening, or simply relax in a peaceful setting. Conveniently located near shopping, dining, and everyday essentials, this home offers both comfort and convenience. Homes with this level of interior renovation and move-in ready condition are increasingly hard to find in this price range—schedule your showing today.

Key facts

• Renovated kitchen
• Updated interior
• Peaceful setting

Tags

• GRANITE COUNTERS
• UPDATED INTERIOR
• RENOVATED KITCHEN
• FLEXIBLE LIVING SPACE
• OUTDOOR LIVING
• PEACEFUL SETTING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $159 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (11.0% below list).
• Recommended offer: $169k (11.0% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 4.1% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, 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.
• Zoned schools: Belleview-Santos Elementary School (math 41% / reading 41%, grade F, #1,454 of 2,144 statewide, top 69%, 570 students, 66% FRL); Belleview Middle School (math 49% / reading 50%, grade C, #259 of 571 statewide, top 46%, 1,573 students, 60% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 61% FRL track the district average.
• Market conditions: Rents rising (+2.8%/yr); 350 active listings in the ZIP; solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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 67 days — a 6% lower offer ($179k) 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.
• Current owner paid $108k; list at $190k implies a 76% 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,046 (11.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 11% 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.89% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.59%
• DSCR: 1.16
• GRM: 9.4

CMA / ARV

• ARV (median comp): $222,469
• List price: $189,900
• Delta: -14.64%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3376 SE 93rd Pl	0.21mi	3/2.0	1,296 (+7%)	8mo	$179,000	$138	72

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 · 2.84% rent growth · sell at horizon

5-year hold

• IRR: -10.9%
• Equity multiple: 0.61×
• Total profit: $-20,966
• Equity at exit: $28,315

10-year hold

• IRR: -1.8%
• Equity multiple: 0.88×
• Total profit: $-6,552
• Equity at exit: $16,419

Cash invested: $53,172 (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 34480

• Home prices YoY: -28.7%
• Rents YoY: 2.8%
• Active inventory: 350
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,690 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$101 /mo · $1,216/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $159

Break-even live

Break-even rent $1,489

Max offer price $189,900

Occupancy floor 86%

Sensitivity live

Price	-10% $267	-5% $213	+0% $159	+5% $105	+10% $52
Rent	-10% $26	-5% $92	+0% $159	+5% $226	+10% $293
Rate	-1.0pp $255	-0.5pp $207	base $159	+0.5pp $110	+1.0pp $60

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-21
   days on market $189,900 Active 67 DOM
2. 2026-06-18
   days on market $189,900 Active 64 DOM
3. 2026-06-17
   days on market $189,900 Active 63 DOM
4. 2026-06-16
   days on market $189,900 Active 62 DOM
5. 2026-06-15
   days on market $189,900 Active 61 DOM
6. 2026-06-14
   days on market $189,900 Active 59 DOM
7. 2026-06-13
   days on market $189,900 Active 58 DOM
8. 2026-06-10
   days on market $189,900 Active 56 DOM
9. 2026-06-09
   days on market $189,900 Active 55 DOM
10. 2026-06-08
    days on market $189,900 Active 54 DOM
11. 2026-06-07
    days on market $189,900 Active 53 DOM
12. 2026-06-03
    days on market $189,900 Active 49 DOM
13. 2026-06-02
    days on market $189,900 Active 48 DOM
14. 2026-06-01
    days on market $189,900 Active 47 DOM
15. 2026-05-31
    days on market $189,900 Active 46 DOM
16. 2026-05-30
    days on market $189,900 Active 45 DOM
17. 2026-04-15
    listed $189,900 Active 1601-char remark

    Show marketing remark (1601 chars)

    Completely Renovated 3-Bedroom Home with 0.21 Acre Lot – Move-In Ready Under $190K Central AC, Granite Counters, and Updated Interior Throughout Recently and extensively renovated, this home has been fully transformed from its previous condition into a clean, modern, move-in ready living space. Central AC | New granite countertops | Updated flooring | Fresh interior paint | MOVE-IN READY Beautifully updated 3-bedroom home located in a quiet area of Ocala, offering the perfect combination of modern interior finishes, functional layout, and everyday comfort in a price range where updated homes are limited. Inside, you’ll find a bright and inviting layout with fresh paint, updated flooring, and a renovated kitchen featuring new granite countertops, updated cabinetry, and modern finishes—perfect for everyday living and entertaining. The overall renovation creates a cohesive, refreshed feel throughout the home, making it ideal for buyers seeking a turn-key property. The flexible layout allows for a variety of living arrangements, including space for a home office, guest room, or additional living areas. Each space feels clean, updated, and ready for immediate use. Step outside and enjoy a property with room to personalize outdoor living, gardening, or simply relax in a peaceful setting. Conveniently located near shopping, dining, and everyday essentials, this home offers both comfort and convenience. Homes with this level of interior renovation and move-in ready condition are increasingly hard to find in this price range—schedule your showing today.

18. 2026-03-20
    soldstatus $108,000
19. 2026-02-03
    soldstatus $85,000 Closed 226-char remark

    Show marketing remark (226 chars)

    This 3 bedroom, 2 bath manufactured home sits in a quiet neighborhood close to all amenities. Whether you're envisioning a profitable rental or a primary residence, this property has the potential. Call for your showing today!

20. 2026-01-05
    price $119,000 226-char remark

    Show marketing remark (226 chars)

    This 3 bedroom, 2 bath manufactured home sits in a quiet neighborhood close to all amenities. Whether you're envisioning a profitable rental or a primary residence, this property has the potential. Call for your showing today!

21. 2025-09-30
    listed $129,000 Active 226-char remark

    Show marketing remark (226 chars)

    This 3 bedroom, 2 bath manufactured home sits in a quiet neighborhood close to all amenities. Whether you're envisioning a profitable rental or a primary residence, this property has the potential. Call for your showing today!

22. 2025-08-31
    historical
23. 2025-08-27
    price $140,000
24. 2024-11-06
    listed $100,000 Active
25. 2023-12-30
    historical
26. 2023-12-13
    price $35,000
27. 2023-11-12
    status Active
28. 2023-10-31
    status Pending
29. 2023-08-10
    status Active
30. 2023-07-31
    historical
31. 2023-05-19
    status Active
32. 2023-05-16
    status Pending
33. 2023-03-06
    status Active
34. 2023-03-02
    status Pending
35. 2023-01-20
    listed $32,500 Active
36. 2003-01-09
    soldstatus $32,000
37. 1979-01-01
    soldstatus $7,500

ⓘ 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: $1,216 · $101/mo
• Projected year-2 tax: $1,576 · $131/mo
• Expected delta: +$360/yr (+$30/mo · 29.6%)

ⓘ 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 ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,286
• − Mortgage interest: −$10,637
• − Property taxes: −$1,216
• − Insurance: −$950
• − Repairs & maintenance: −$1,623
• − Management: −$1,623
• − Depreciation: −$5,524
• Taxable loss: −$1,287
• Est. tax savings @ 24.0%: +$309
• After-tax cash flow: $2,219/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 23,517
• Household income: $77,557
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 169.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 15% Two or more races 11% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5% Cuban 2% Dominican 2%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 9% Other Asian/Pacific 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: ▼ -85.60%
• Current HPI: 212.4262
• Rent YoY: ▲ 2.84%
• 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

+2432.0% since first listed

21 events — show timeline

• 2026-04-15 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Sold (Public Records) $108,000 Public Records
• 2026-02-03 Sold (MLS) $85,000 NFMLS
• 2026-01-05 Price Changed $119,000 NFMLS
• 2025-09-30 Listed $129,000 NFMLS
• 2025-08-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-27 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-06 Listed $100,000 Stellar MLS as Distributed by MLS Grid
• 2023-12-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-12-13 Price Changed $35,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-10-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-07-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-05-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-05-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-03-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-01-20 Listed $32,500 Stellar MLS as Distributed by MLS Grid
• 2003-01-09 Sold (Public Records) $32,000 Public Records
• 1979-01-01 Sold (Public Records) $7,500 Public Records

Property tax history

+9.8%/yr

Latest (2025): $1,216 · +96.8% YoY. Source: county tax records.