7439 SE 78th Pl · Trenton, FL 32693

$5,000

2 bd · 2.0 ba · 1,110 sqft · SingleFamily public records · 11 Days on market

Built 2023

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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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

Key facts

• Listed 10 days

Property features AI

Exterior

• Home design: Residential property; 1 story
• Exterior features: Approximately 0.48-acre lot; Zoned A-2

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Single-level living

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$241,980) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $5k).
• Cap rate 294.7% vs local median 4.9% in Trenton — 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 77/100 on livability (#207 in FL, #3,078 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment 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: 199 active listings in the ZIP; 94 units permitted in Gilchrist County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $535 of equity ($35 loan paydown + $500 appreciation (10.0% local appreciation)).
• Gilchrist County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major 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 $5,000

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 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?
3. 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.
4. 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.
5. 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: 31.30% ✓
• Cap rate: 294.75%
• Cash-on-cash: 1030.19%
• DSCR: 46.84
• GRM: 0.3

CMA / ARV

• ARV (on-the-fly): $241,980
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7544 SE 78th Pl	0.10mi	3/2.0 (+1)	1,189 (+7%)	2mo	$235,000	$198	77
7564 SE 78th Pl	0.12mi	3/2.0 (+1)	1,030 (-7%)	12mo	$235,000	$228	67
7312 SE 78th Pl	0.14mi	2/2.0	959 (-14%)	6mo	$207,000	$216	66
7282 SE 78th Pl	0.17mi	2/2.0	959 (-14%)	5mo	$210,000	$219	65
7389 SE 77th Ln	0.08mi	3/2.0 (+1)	1,201 (+8%)	15mo	$285,000	$237	65
7326 SE 78th Pl	0.34mi	2/2.0	959 (-14%)	10mo	$208,900	$218	54
7296 SE 78th Pl	0.39mi	2/2.0	959 (-14%)	8mo	$209,900	$219	53
7238 SE 78th Pl	0.21mi	2/2.0	959 (-14%)	19mo	$199,500	$208	52
7210 SE 81st Pl	0.37mi	2/2.0	959 (-14%)	14mo	$214,000	$223	49
7268 SE 78th Pl	0.39mi	2/2.0	959 (-14%)	18mo	$199,500	$208	44
7222 SE 78th Pl	0.39mi	2/2.0	959 (-14%)	19mo	$199,500	$208	43
7254 SE 78th Pl	0.39mi	2/2.0	959 (-14%)	19mo	$199,500	$208	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 57.64×
• Total profit: $79,296
• Equity at exit: $4,504

10-year hold

• IRR: —
• Equity multiple: 124.83×
• Total profit: $173,362
• Equity at exit: $9,714

Cash invested: $1,400 (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 32693

• Home prices YoY: 14.8%
• Active inventory: 199
• Price-to-rent: 0.3×

Monthly cashflow live

• Estimated rent: $1,565 medium
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $1,202

Break-even live

Break-even rent $44

Max offer price $5,000

Occupancy floor 18%

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: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-08
   days on market $5,000 Active 11 DOM
2. 2026-06-07
   days on market $5,000 Active 10 DOM
3. 2026-06-05
   days on market $5,000 Active 7 DOM
4. 2026-06-02
   days on market $5,000 Active 5 DOM
5. 2026-06-01
   days on market $5,000 Active 4 DOM
6. 2026-05-31
   days on market $5,000 Active 3 DOM
7. 2026-05-30
   days on market $5,000 Active 2 DOM
8. 2026-05-28
   listed $5,000 Active
9. 2023-03-31
   soldstatus $229,500 Closed 884-char remark

   Show marketing remark (905 chars)

   Under Construction. Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

10. 2023-03-31
    soldstatus $229,500 Closed 905-char remark

    Show marketing remark (905 chars)

    Under Construction. Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

11. 2023-02-22
    status Pending 905-char remark

    Show marketing remark (905 chars)

    Under Construction. Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

12. 2023-01-13
    listed $229,500 Active 884-char remark

    Show marketing remark (884 chars)

    Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

13. 2023-01-12
    listed $229,500 Active 905-char remark

    Show marketing remark (905 chars)

    Under Construction. Welcome to one of Vision Construction's newest models - The Laredo! This appealing new style features a bright & open floor plan and sits on a generous 1/4 acre lot located 5 minutes from downtown Newberry w/ low Gilchrist County taxes. The home features vaulted ceilings in the living room & master suite, a spacious island kitchen, energy efficient appliances & raised panel custom wood cabinets. Enjoy indoor/outdoor living in the gorgeous Florida weather on your oversized covered lanai perfect for entertaining and right off of the kitchen for the ultimate convenience. The luxury master suite boasts an inviting bathroom w/ double vanities, European style shower & roomy closet. There is no shortage of storage in this home including a sizable laundry area for all of your organizational needs! Home features a 1-car carport and will be ready March 2023!

14. 2020-04-17
    soldstatus $25,000
15. 2006-08-21
    soldstatus $123,900

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,781
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$1,503
• − Management: −$1,503
• − Depreciation: −$145
• Taxable income: $15,251
• Est. tax owed @ 24.0%: −$3,660
• After-tax cash flow: $10,762/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 — Trenton

• Score: 77/100
• State rank: #207
• US rank: #3078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 11,692

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 (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Two or more races 7% Black 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 5%

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: ▲ 46.81%
• Current HPI: 363.4299
• 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

-96.0% since first listed

8 events — show timeline

• 2026-05-28 Listed $5,000 NFMLS
• 2023-03-31 Sold (MLS) $229,500 Stellar MLS as Distributed by MLS Grid
• 2023-03-31 Sold (MLS) $229,500 DGLMLS
• 2023-02-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-01-13 Listed $229,500 DGLMLS
• 2023-01-12 Listed $229,500 Stellar MLS as Distributed by MLS Grid
• 2020-04-17 Sold (Public Records) $25,000 Public Records
• 2006-08-21 Sold (Public Records) $123,900 Public Records

Property tax history

+48.3%/yr

Latest (2025): $2,436 · -2.4% YoY. Source: county tax records.