431 NW 60th Ave · Ocala, FL 34482

$219,000

2 bd · 1.0 ba · 980 sqft · SingleFamily public records · 4 Days on market

Built 1983 7,841 sqft lot Est $182k · 20% over

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Why this score? — see what drove the D 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 +17.7/30.0
• DSCR +5.5/10.0
• Rent growth +5.0/5.0
• 1% rule +4.3/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great Location- Minutes to World Equestrian Center. Recently updated with New Roof, New A/C, New Water Heater, New Well Pump, New Septic Drain Field, New Interior Light Fixtures & Ceiling Fans, Blinds, Exterior Paint. 5 1/4 Base Boards. 2 Large Bedrooms, 1 Bathroom, Washer/Dryer Hooks-Ups, Tile through out all main living areas, Carport, NO HOA Fees and Low Taxes. Located in desirable community minutes to I-75 with easy access to schools, medical, shopping, & dining. This home is a cute and cozy space that would suit a variety of lifestyles with it is quiet but convenient location! You’ve got to take a look at it today! Home is for sale-no owner financing or lease to own. Additional buildable lot directly behind home also available for additional $15,000.

Key facts

• Vinyl windows
• Complete renovation
• Water heater

Tags

• COMPLETE RENOVATION
• NEW ROOF
• HVAC SYSTEM
• WATER HEATER
• VINYL WINDOWS
• NEWER VINYL PRIVACY FENCE

Property features AI

Finance

• Other: Property type: Residential (Single Family); Zoning: R2
• HOA & community: No association fees; Pets allowed: cats and dogs

Exterior

• Parking: Driveway; 1-car carport
• Utilities: Well water; Septic tank; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces west
• Construction: Stucco and frame construction; Shingle roof; Slab foundation; Built on lot approximately 0.18 acres (75 x 104)
• Exterior features: Covered porch; Private mailbox; Vinyl fencing; Asphalt road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Solid surface counters; Thermostat; Window treatments
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $219k.

Deal economics

• At list price, monthly cash flow is $177 ($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 $203k (7.2% below list).
• Recommended offer: $203k (7.2% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 4.2% 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.
• Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 37% of the median local income ($66k/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 $2k of loan paydown is wiped out by about $7k 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 + 8.0% rent growth), your $61k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 21y 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.

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 $203,255 (7.2% below list)

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. 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?
3. 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?
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: 0.93% ✗
• Cap rate: 7.26%
• Cash-on-cash: 3.45%
• DSCR: 1.15
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $182,280
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5711 NW 4th St	0.25mi	3/2.0 (+1)	1,028 (+5%)	3mo	$190,000	$185	68
5747 NW 4th St	0.23mi	3/2.0 (+1)	1,028 (+5%)	24mo	$225,000	$219	52
5810 NW 6th Pl	0.18mi	2/1.0	858 (-12%)	22mo	$160,000	$186	52
5449 NW 2nd St	0.50mi	3/2.0 (+1)	936 (-4%)	10mo	$158,000	$169	52

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.78×
• Total profit: $-13,524
• Equity at exit: $32,654

10-year hold

• IRR: 9.0%
• Equity multiple: 1.84×
• Total profit: $51,504
• Equity at exit: $18,935

Cash invested: $61,320 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,033 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$189 /mo · $2,274/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $177

Break-even live

Break-even rent $1,809

Max offer price $219,000

Occupancy floor 86%

Sensitivity live

Price	-10% $300	-5% $239	+0% $177	+5% $115	+10% $53
Rent	-10% $16	-5% $96	+0% $177	+5% $257	+10% $337
Rate	-1.0pp $287	-0.5pp $232	base $177	+0.5pp $120	+1.0pp $62

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	14d	1	1.04mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	21d	1	1.04mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	21d	1	1.32mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	21d	1	1.38mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	1.38mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	1.39mi
5001 SW 20th St Ocala, FL	1.0–3.0	1.0–2.5	1220	$1,292	$1.06	21d	1	1.49mi

Listing history 5 events

1. 2026-06-18
   days on market $219,000 Active 4 DOM
2. 2026-06-17
   days on market $219,000 Active 3 DOM
3. 2026-06-16
   days on market $219,000 Active 2 DOM
4. 2026-06-15
   remarks 699-char remark
5. 2026-06-15
   listed $219,000 Active 1 DOM

ⓘ 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: $2,274 · $189/mo
• Projected year-2 tax: $2,274 · $189/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,391
• − Mortgage interest: −$12,267
• − Property taxes: −$2,274
• − Insurance: −$1,095
• − Repairs & maintenance: −$1,951
• − Management: −$1,951
• − Depreciation: −$6,371
• Taxable loss: −$1,519
• Est. tax savings @ 24.0%: +$365
• After-tax cash flow: $2,483/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): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% Other Indo-European 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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• 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

+544.1% since first listed

11 events — show timeline

• 2026-06-14 Listed $219,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-25 Sold (Public Records) $220,000 Public Records
• 2021-07-30 Sold (MLS) $130,000 Stellar MLS as Distributed by MLS Grid
• 2021-07-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-07-06 Listed $123,900 Stellar MLS as Distributed by MLS Grid
• 2007-02-09 Sold (Public Records) $115,000 Public Records
• 2005-09-22 Sold (Public Records) $77,900 Public Records
• 2005-09-16 Sold (MLS) $77,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-08 Listed $77,900 Stellar MLS as Distributed by MLS Grid
• 1986-10-01 Sold (Public Records) $34,000 Public Records
• 1984-03-01 Sold (Public Records) $34,000 Public Records

Property tax history

+8.9%/yr

Latest (2025): $2,274 · +2.8% YoY. Source: county tax records.