6930 NE 55th St · Spring Ridge, FL 32643

$172,500

3 bd · 1.0 ba · 1,452 sqft · Manufactured public records · 474 Days on market

Built 1972 1.00 ac lot ↓ 47% since listing

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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 +29.4/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

Key facts

• Low taxes
• 1 acre lot
• Built 1972

Tags

• LOW TAXES
• SHORT DRIVE TO SPRINGS
• NEARBY NATURAL WONDERS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $172k.

Deal economics

• At list price, monthly cash flow is $612 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $172k).
• Recommended offer: $152k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#547 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D, schools D-, amenities F.
• Gilchrist (rural): math 66% / reading 61% proficiency, ranked #9 of 73 in FL (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 189 active listings in the ZIP; solid renter incomes; 94 units permitted in Gilchrist County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($83k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Gilchrist County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $48k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 474 days — a 12% lower offer ($152k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $151,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 474 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — 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 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?
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: 1.32% ✓
• Cap rate: 10.55%
• Cash-on-cash: 15.19%
• DSCR: 1.68
• GRM: 6.3

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: 5.9%
• Equity multiple: 1.23×
• Total profit: $11,030
• Equity at exit: $25,720

10-year hold

• IRR: 15.3%
• Equity multiple: 2.24×
• Total profit: $59,896
• Equity at exit: $14,915

Cash invested: $48,300 (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 32643

• Home prices YoY: -5.5%
• Active inventory: 189
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,283 medium
• Mortgage (P&I): −$905
• Tax est. 1.5%: −$216 /mo · $2,588/yr
• Insurance: −$72
• HOA: −$0
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $612

Break-even live

Break-even rent $1,509

Max offer price $172,500

Occupancy floor 68%

Sensitivity live

Price	-10% $731	-5% $671	+0% $612	+5% $552	+10% $492
Rent	-10% $431	-5% $521	+0% $612	+5% $702	+10% $792
Rate	-1.0pp $698	-0.5pp $655	base $612	+0.5pp $567	+1.0pp $521

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: $43,125
• Closing costs: $5,175
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-18
   days on market $172,500 Active 474 DOM
2. 2026-06-17
   days on market $172,500 Active 473 DOM
3. 2026-06-16
   days on market $172,500 Active 472 DOM
4. 2026-06-15
   days on market $172,500 Active 471 DOM
5. 2026-06-14
   days on market $172,500 Active 469 DOM
6. 2026-06-13
   days on market $172,500 Active 468 DOM
7. 2026-06-10
   days on market $172,500 Active 466 DOM
8. 2026-06-09
   days on market $172,500 Active 465 DOM
9. 2026-06-08
   days on market $172,500 Active 464 DOM
10. 2026-06-07
    days on market $172,500 Active 463 DOM
11. 2026-06-05
    days on market $172,500 Active 460 DOM
12. 2026-06-02
    days on market $172,500 Active 458 DOM
13. 2026-06-01
    days on market $172,500 Active 457 DOM
14. 2026-05-31
    days on market $172,500 Active 456 DOM
15. 2026-05-30
    days on market $172,500 Active 455 DOM
16. 2026-05-10
    price $172,500 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

17. 2026-03-06
    price $176,500 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

18. 2026-03-01
    price $178,500 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

19. 2025-12-31
    price $180,000 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

20. 2025-11-14
    price $183,000 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

21. 2025-10-16
    price $186,000 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

22. 2025-08-29
    price $190,000 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

23. 2025-05-12
    price $195,000 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

24. 2025-03-02
    listed $200,000 Active 917-char remark

    Show marketing remark (917 chars)

    Discover serene living in this charming 4-bedroom, 2-bathroom house nestled in High Springs, and most importantly low taxes Gilchrist County. The 1,452 square feet of interior space is thoughtfully laid out, ensuring each square foot is utilized to create a welcoming environment. The primary bedroom is a peaceful retreat, designed to ensure restful nights and lazy weekend mornings. Each additional bedroom provides ample space, making them perfect for family, guest, or home offices. Stepping outside you are within a short drive to Blue, Poe, or Ginnie Springs. Imagine weekends filled with laughter and sunshine, picnicking, and swimming in some of Florida's clearest springs. This property doesn't just offer a house, but a gateway to a lifestyle filled with nature. Whether you're sipping your morning coffee on the porch or exploring the nearby natural wonders, this home is sure to be your personal paradise.

25. 2024-02-02
    soldstatus $325,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,397
• − Mortgage interest: −$9,663
• − Property taxes: −$2,588
• − Insurance: −$862
• − Repairs & maintenance: −$2,192
• − Management: −$2,192
• − Depreciation: −$5,018
• Taxable income: $4,882
• Est. tax owed @ 24.0%: −$1,172
• After-tax cash flow: $6,166/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: Gilchrist
• NCES district ID: 1200630
• Math proficiency: 66% ▼ -4.00%
• Reading proficiency: 61% ▼ -5.00%
• Median HH income: $39,610
• Composite: 53.01/100
• National rank: #1522
• State rank: #9 of 73 in FL

Livability — Spring Ridge

• Score: 67/100
• State rank: #547
• US rank: #10343

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Alachua County · 218,005 people
• Metro: Gainesville, FL
• Population (ZIP): 11,953
• Household income: $83,386
• Rent vs Own: 11.1% rent · 88.9% own
• Severe rent burden: 150.0

Population outlook (Gilchrist County) Hauer SSP2

• Today (2025): 17,730 people
• By 2030: 17,722 · +-0.0%
• By 2040: 17,393 · -1.9%
• By 2050: 16,597 · -6.4%
• By 2075: 14,300 · -19.3%
• By 2100: 11,498 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 11% Hispanic / Latino 8% Two or more races 5%
• Hispanic origin (detail): Mexican 1% Cuban 1%
• Common ancestry: Slovak 5% Italian 3% Lithuanian 3%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Gilchrist

• 2024 margin: Solid R (+68.0) · D 15.6% · R 83.6%
• 2008→2024 swing: -21.2pp toward R · 2008: -46.8pp · 2024: -68.0pp
• All cycles: 2024: R+68.0 2020: R+64.0 2016: R+62.8 2012: R+51.0 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.02%
• Current HPI: 308.0178
• Rent YoY: —
• Metro: Gainesville, 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

-46.9% since first listed

10 events — show timeline

• 2026-05-10 Price Changed $172,500 DGLMLS
• 2026-03-06 Price Changed $176,500 DGLMLS
• 2026-03-01 Price Changed $178,500 DGLMLS
• 2025-12-31 Price Changed $180,000 DGLMLS
• 2025-11-14 Price Changed $183,000 DGLMLS
• 2025-10-16 Price Changed $186,000 DGLMLS
• 2025-08-29 Price Changed $190,000 DGLMLS
• 2025-05-12 Price Changed $195,000 DGLMLS
• 2025-03-02 Listed $200,000 DGLMLS
• 2024-02-02 Sold (Public Records) $325,000 Public Records

Property tax history

+5.8%/yr

Latest (2025): $297 · +0.0% YoY. Source: county tax records.