6310 SE 142nd Ln · Belleview, FL 34491

$108,000

3 bd · 2.0 ba · 1,080 sqft · Manufactured public records · 1 Days on market

Built 1998 10,454 sqft lot Est $161k · 33% under

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

Listing remarks MLS

Welcome to this completely and newly remodeled mobile home on a large corner lot. This home features Luxury Vinyl Tile throughout the living areas and ceramic tile in wet areas. All new sub-flooring, floor coverings, tiled bathroom showers, vanities, faucets, appliances, air-conditioning units, thermal pane low-e glass aluminum windows, doors, lighting fixtures and interior sheet rock. Inside freshly painted and new exterior steps, landings and porches, vinyl siding, gutters and downspouts. 6" baseboard and crown molding. This is a real beauty and waiting for you to make it your home. Don't miss this great home.

Key facts

• 0.24 acre lot
• Built 1998

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $108k.

Deal economics

• At list price, monthly cash flow is $839 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $108k).
• Cap rate 15.6% vs local median 4.5% in Belleview — 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 (#458 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: Harbour View Elementary School (math 41% / reading 38%, grade F, #1,513 of 2,144 statewide, top 73%, 819 students, 71% 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 62% FRL track the district average.
• Market conditions: 713 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 35% of the median local income ($67k/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 $747 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $30k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 14y 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 $74k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $108,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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?
4. 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.
5. 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.
6. 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: 1.81% ✓
• Cap rate: 15.61%
• Cash-on-cash: 33.28%
• DSCR: 2.48
• GRM: 4.6

CMA / ARV

• ARV (on-the-fly): $160,920
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14127 SE 62nd Ct	0.20mi	3/2.0	1,216 (+13%)	4mo	$181,000	$149	67

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: 28.5%
• Equity multiple: 2.19×
• Total profit: $35,926
• Equity at exit: $16,103

10-year hold

• IRR: 35.9%
• Equity multiple: 4.31×
• Total profit: $100,090
• Equity at exit: $9,338

Cash invested: $30,240 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 713
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,954 high
• Mortgage (P&I): −$566
• Tax from tax record: −$94 /mo · $1,127/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $839

Break-even live

Break-even rent $893

Max offer price $108,000

Occupancy floor 52%

Sensitivity live

Price	-10% $900	-5% $869	+0% $839	+5% $808	+10% $778
Rent	-10% $684	-5% $762	+0% $839	+5% $916	+10% $993
Rate	-1.0pp $893	-0.5pp $866	base $839	+0.5pp $811	+1.0pp $782

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14025 SE 54th Ct Summerfield, FL	2.0	1.5	1008	$1,500	$1.49	15d	1	0.84mi
13678 SE 55th Ave Summerfield, FL	3.0	2.0	960	$1,499	$1.56	22d	1	0.99mi
13705 SE 54th Ct Summerfield, FL	3.0	2.0	1416	$1,895	$1.34	22d	1	1.01mi
13609 SE 53rd Ave Summerfield, FL	3.0	2.0	1270	$1,940	$1.53	22d	1	1.16mi
16152 SE 77th Ct Summerfield, FL	1.0–3.0	1.0–2.0	1140	$2,185	$1.92	15d	15	1.33mi

Listing history 20 events

1. 2026-04-13
   status Pending
2. 2026-04-13
   listed $108,000 Active
3. 2025-11-13
   historical
4. 2025-11-10
   listed $108,000 Active
5. 2018-02-09
   soldstatus $74,000 624-char remark

   Show marketing remark (624 chars)

   Welcome to this completely and newly remodeled mobile home on a large corner lot. This home features Luxury Vinyl Tile throughout the living areas and ceramic tile in wet areas. All new sub-flooring, floor coverings, tiled bathroom showers, vanities, faucets, appliances, air-conditioning units, thermal pane low-e glass aluminum windows, doors, lighting fixtures and interior sheet rock. Inside freshly painted and new exterior steps, landings and porches, vinyl siding, gutters and downspouts. 6" baseboard and crown molding. This is a real beauty and waiting for you to make it your home. Don't miss this great home.

6. 2018-02-07
   soldstatus $74,000
7. 2017-08-31
   listed $85,000
8. 2017-08-27
   listed $85,000 624-char remark

   Show marketing remark (624 chars)

   Welcome to this completely and newly remodeled mobile home on a large corner lot. This home features Luxury Vinyl Tile throughout the living areas and ceramic tile in wet areas. All new sub-flooring, floor coverings, tiled bathroom showers, vanities, faucets, appliances, air-conditioning units, thermal pane low-e glass aluminum windows, doors, lighting fixtures and interior sheet rock. Inside freshly painted and new exterior steps, landings and porches, vinyl siding, gutters and downspouts. 6" baseboard and crown molding. This is a real beauty and waiting for you to make it your home. Don't miss this great home.

9. 2016-07-29
   soldstatus $9,000
10. 2016-07-27
    soldstatus $9,000
11. 2016-07-26
    soldstatus $9,000
12. 2015-11-10
    listed $10,000
13. 2015-11-10
    listed $10,000
14. 2015-03-25
    soldstatus $5,500
15. 2014-03-26
    listed $5,500
16. 2012-04-30
    soldstatus $7,000
17. 2012-04-25
    soldstatus $7,000
18. 2012-04-24
    listed $9,000
19. 1999-04-07
    soldstatus $15,000
20. 1996-10-11
    soldstatus $12,900

ⓘ 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: $1,127 · $94/mo
• Projected year-2 tax: $1,127 · $94/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 ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,454
• − Mortgage interest: −$6,050
• − Property taxes: −$1,127
• − Insurance: −$540
• − Repairs & maintenance: −$1,876
• − Management: −$1,876
• − Depreciation: −$3,142
• Taxable income: $8,843
• Est. tax owed @ 24.0%: −$2,122
• After-tax cash flow: $7,943/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 — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 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: ▼ -107.67%
• Current HPI: 200.0792
• Rent YoY: —
• 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

+737.2% since first listed

20 events — show timeline

• 2026-04-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-13 Listed $108,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-10 Listed $108,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-09 Sold (MLS) $74,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-07 Sold (MLS) $74,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-31 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-27 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2016-07-29 Sold (Public Records) $9,000 Public Records
• 2016-07-27 Sold (MLS) $9,000 Stellar MLS as Distributed by MLS Grid
• 2016-07-26 Sold (MLS) $9,000 Stellar MLS as Distributed by MLS Grid
• 2015-11-10 Listed $10,000 Stellar MLS as Distributed by MLS Grid
• 2015-11-10 Listed $10,000 Stellar MLS as Distributed by MLS Grid
• 2015-03-25 Sold (MLS) $5,500 Stellar MLS as Distributed by MLS Grid
• 2014-03-26 Listed $5,500 Stellar MLS as Distributed by MLS Grid
• 2012-04-30 Sold (Public Records) $7,000 Public Records
• 2012-04-25 Sold (MLS) $7,000 Stellar MLS as Distributed by MLS Grid
• 2012-04-24 Listed $9,000 Stellar MLS as Distributed by MLS Grid
• 1999-04-07 Sold (Public Records) $15,000 Public Records
• 1996-10-11 Sold (Public Records) $12,900 Public Records

Property tax history

+23.7%/yr

Latest (2025): $1,127 · +16.1% YoY. Source: county tax records.