13713 NW 150th Pl · Alachua, FL 32615

$160,000

3 bd · 1.0 ba · 1,131 sqft · SingleFamily public records · 118 Days on market

Built 1978 7,405 sqft lot

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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 +27.3/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity knocks with this solid concrete block 3-bedroom, 1.5-bath home in the heart of Alachua! Featuring a functional layout and tons of potential, this property is perfect for investors, flippers, or buyers looking to add their personal touch. Enjoy sipping your coffee sitting in the screened in back porch over looking an over sized fenced in backyard. Also includes a storage shed. Prime location – walk to nearby schools! Situated in a desirable area of town, this property is a fantastic opportunity to renovate, rent, or resell. Don’t miss your chance to turn this hidden gem into something special!

Key facts

• Storage shed
• Prime location
• 7,405 sq ft lot

Tags

• SCREENED IN BACK PORCH
• OVER SIZED FENCED IN BACKYARD
• STORAGE SHED
• PRIME LOCATION
• WALK TO NEARBY SCHOOLS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $464 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $146k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 77/100 on livability (#188 in FL, #2,996 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: amenities F, commute F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 397 active listings in the ZIP; 1,774 units permitted in Alachua County in 2024 (984 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 $5k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 118 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y ago; this cycle's ask has dropped $39k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $46k; list at $160k implies a 248% 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; major 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 $145,600 (9.0% below list)

Questions for the listing agent

1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.24% ✓
• Cap rate: 9.78%
• Cash-on-cash: 12.44%
• DSCR: 1.55
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $3,674
• Equity at exit: $23,857

10-year hold

• IRR: 11.7%
• Equity multiple: 1.92×
• Total profit: $41,394
• Equity at exit: $13,834

Cash invested: $44,800 (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 32615

• Home prices YoY: -21.6%
• Active inventory: 397
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,984 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$197 /mo · $2,364/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $464

Break-even live

Break-even rent $1,396

Max offer price $160,000

Occupancy floor 72%

Sensitivity live

Price	-10% $555	-5% $510	+0% $464	+5% $419	+10% $374
Rent	-10% $308	-5% $386	+0% $464	+5% $543	+10% $621
Rate	-1.0pp $545	-0.5pp $505	base $464	+0.5pp $423	+1.0pp $381

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $160,000 Active 118 DOM
2. 2026-06-17
   days on market $160,000 Active 117 DOM
3. 2026-06-16
   days on market $160,000 Active 116 DOM
4. 2026-06-15
   days on market $160,000 Active 115 DOM
5. 2026-06-14
   days on market $160,000 Active 113 DOM
6. 2026-06-13
   days on market $160,000 Active 112 DOM
7. 2026-06-10
   days on market $160,000 Active 110 DOM
8. 2026-06-09
   days on market $160,000 Active 109 DOM
9. 2026-06-08
   days on market $160,000 Active 108 DOM
10. 2026-06-07
    days on market $160,000 Active 107 DOM
11. 2026-06-05
    days on market $160,000 Active 104 DOM
12. 2026-06-03
    days on market $160,000 Active 103 DOM
13. 2026-06-02
    days on market $160,000 Active 102 DOM
14. 2026-06-01
    days on market $160,000 Active 101 DOM
15. 2026-05-31
    days on market $160,000 Active 100 DOM
16. 2026-05-30
    pricedays on market $160,000 Active 99 DOM
17. 2026-02-20
    listed $199,000 Active 626-char remark

    Show marketing remark (626 chars)

    Opportunity knocks with this solid concrete block 3-bedroom, 1.5-bath home in the heart of Alachua! Featuring a functional layout and tons of potential, this property is perfect for investors, flippers, or buyers looking to add their personal touch. Enjoy sipping your coffee sitting in the screened in back porch over looking an over sized fenced in backyard. Also includes a storage shed. Prime location – walk to nearby schools! Situated in a desirable area of town, this property is a fantastic opportunity to renovate, rent, or resell. Don’t miss your chance to turn this hidden gem into something special!

18. 2023-06-16
    historical
19. 2012-07-06
    historical
20. 2011-07-06
    listed $99,900
21. 2001-01-10
    soldstatus $46,000
22. 1994-05-05
    soldstatus $44,000
23. 1983-08-01
    soldstatus $24,900

ⓘ 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: $2,364 · $197/mo
• Projected year-2 tax: $2,364 · $197/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 6/10 Major
• 🌡 Heat 8/10 Severe 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 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,804
• − Mortgage interest: −$8,962
• − Property taxes: −$2,364
• − Insurance: −$800
• − Repairs & maintenance: −$1,904
• − Management: −$1,904
• − Depreciation: −$4,655
• Taxable income: $3,214
• Est. tax owed @ 24.0%: −$771
• After-tax cash flow: $4,801/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: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Alachua

• Score: 77/100
• State rank: #188
• US rank: #2996

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Alachua, FL
• City population: 31,819
• Population (ZIP): 16,244

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 18% Hispanic / Latino 10% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 3% Dominican 1%
• Common ancestry: Italian 4% Slovak 4% Lithuanian 2%
• Foreign-born: 7% · Canada, Jamaica, Guatemala
• Languages at home: 90% English-only · Spanish 7% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.36%
• Current HPI: 280.2476
• 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

+699.2% since first listed

7 events — show timeline

• 2026-02-20 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-16 Rental Removed — APPFOLIO
• 2012-07-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-07-06 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2001-01-10 Sold (Public Records) $46,000 Public Records
• 1994-05-05 Sold (Public Records) $44,000 Public Records
• 1983-08-01 Sold (Public Records) $24,900 Public Records

Property tax history

+5.7%/yr

Latest (2025): $2,364 · +13.9% YoY. Source: county tax records.