9497 SW 76th St · On Top of the World, FL 34481

$210,000

2 bd · 2.0 ba · 1,296 sqft · SingleFamily public records · 37 Days on market

Built 2016 4,792 sqft lot $162/sqft · 32% below area Est $309k · 32% under $417/mo HOA · 20% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +7.1/30.0
• 1% rule +4.7/10.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Noir Coast 2/2/2 with privacy setting. This home is ready for a new homeowner to come in and make it theirs. It has been loved and taken care of perfectly. Crown molding, laminate floors throughout with tile in baths and laundry room, custom lighting and ceiling fans, laundry room has custom cabinets with are to hang clothes. Kitchen is eat in with upgraded granite countertops, SS appliances, tiled backsplash, and upgraded cabinets. Home has shutters throughout, closet organizer in master closet, dual sinks in master, and screened lanai. This privacy lot is wonderful as you can sit with your morning coffee or evening cocktail and not worry about your neighbors becoming part of the conversation. If you are thinking of downsizing, or looking for a seasonal home, this one is picture perfect.

Key facts

• Heated pools
• Rejuvenating spa
• Screened in lanai

Tags

• TREE LINED NATURE BERM VIEWS
• SCREENED IN LANAI
• CUSTOM DESIGNED WALK IN CLOSET
• 24 7 STAFFED GATED ENTRANCE
• HEATED POOLS
• REJUVENATING SPA

Property features AI

Finance

• Other: Irrigation equipment installed; Community is designated as a senior community (senior community flag); Pets allowed
• Financial info: Lease restrictions apply
• HOA & community: HOA (FS Residential) with monthly fee required; Monthly HOA fee approximately $417.44; Association approval required; HOA includes 24-hour guard, common area taxes, pool, internet, grounds maintenance, management, private road, recreational facilities and trash; Association amenities: clubhouse, fitness center, pool, spa/hot tub, sauna, tennis, pickleball, basketball, shuffleboard, trails, gated community, dog park, sidewalks, street lights, golf and golf course access, recreation facilities

Exterior

• Parking: Attached garage with 2 spaces; Garage door opener
• Security: Located in a gated community; Security gate; Smoke detectors
• Utilities: Private water; Private sewer; Electricity connected; Phone available; Underground utilities; Water connected; Sewer connected
• Home design: Single family residence; One-story home; Residential property in a PUD; South-facing
• Construction: Block, concrete and stucco construction; Shingle roof; Slab foundation; Built by Pulte (Noir Coast model)
• Exterior features: Covered front and rear porches; Screened porch; Rain gutters; Sliding doors; Mature landscaping with trees; Cleared, landscaped, level and private lot; Paved surfaces

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Solid surface and stone counters; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric / heat pump); Central air conditioning
• Interior features: Ceiling fans; Crown molding; Eat-in kitchen; In-wall pest system; Living room / dining room combo; Open floorplan; Solid surface counters; Stone counters; Thermostat; Walk-in closet(s)
• Laundry & utility: Washer hookup; Dryer hookup (electric); Inside laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-300 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $157k (25.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (2.6% below list).
• Recommended offer: $157k (25.2% below list) — sets the bar for cash-flow.
• Cap rate 4.6% vs local median 2.9% in On Top of the World — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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: 1158 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 43% of the median local income ($57k/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 $6k 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.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y 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

• Watch-outs: HOA is 20% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $157,070 (25.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.97% ✗
• Cap rate: 4.58%
• Cash-on-cash: -6.11%
• DSCR: 0.73
• GRM: 8.6

CMA / ARV

• ARV (median comp): $308,990
• List price: $210,000
• Delta: -32.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9480 SW 76th St	0.03mi	2/2.0	1,289 (-0%)	14mo	$261,100	$203	86
9726 SW 76th Lane Rd	0.25mi	2/2.0	1,447 (+12%)	20mo	$267,500	$185	52
7247 SW 91st Ct	0.48mi	2/2.0	1,423 (+10%)	22mo	$273,400	$192	43
7337 SW 89th Ter	0.58mi	2/2.0	1,467 (+13%)	11mo	$280,000	$191	42

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: -26.6%
• Equity multiple: 0.10×
• Total profit: $-52,796
• Equity at exit: $31,312

10-year hold

• IRR: -23.2%
• Equity multiple: -0.18×
• Total profit: $-69,263
• Equity at exit: $18,157

Cash invested: $58,800 (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 34481

• Home prices YoY: -25.2%
• Active inventory: 1158
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,045 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$310 /mo · $3,715/yr
• Insurance: −$88
• HOA: −$417
• Vacancy / Maint / Mgmt: −$429
• Net cashflow: $-300

Break-even live

Break-even rent $2,425

Max offer price $157,070

Occupancy floor —

Sensitivity live

Price	-10% $-181	-5% $-240	+0% $-300	+5% $-359	+10% $-419
Rent	-10% $-461	-5% $-380	+0% $-300	+5% $-219	+10% $-138
Rate	-1.0pp $-194	-0.5pp $-246	base $-300	+0.5pp $-354	+1.0pp $-409

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7978 SW 90th Ter Ocala, FL	2.0	2.0	1226	$1,875	$1.53	14d	1	0.44mi
7235 SW 91st Ct Ocala, FL	2.0	2.0	1163	$2,200	$1.89	14d	1	0.46mi
9122 SW 70th Loop Ocala, FL	2.0	2.0	1443	$2,500	$1.73	22d	1	0.49mi
7274 SW 89th Ave Ocala, FL	2.0	2.0	1467	$2,200	$1.50	14d	1	0.60mi
9106 SW 65th Loop Ocala, FL	2.0	2.0	1556	$2,400	$1.54	14d	1	0.77mi
8714 SW 83rd Loop Ocala, FL	2.0	2.0	1658	$1,900	$1.15	14d	1	1.05mi
9746 SW 89th Loop Ocala, FL	2.0	2.0	1660	$1,950	$1.17	22d	1	1.10mi
9770 SW 92nd Place Rd Ocala, FL	2.0	2.0	1399	$2,200	$1.57	22d	1	1.13mi
9513 SW 92nd Place Rd Ocala, FL	2.0	2.0	1651	$2,000	$1.21	14d	1	1.30mi
9013 SW 91st Cir Ocala, FL	2.0	2.0	1494	$1,900	$1.27	14d	1	1.49mi

HOA detail

• Monthly dues: $417 · $5,004/yr

Listing history 21 events

1. 2026-06-21
   days on market $210,000 Active 37 DOM
2. 2026-06-18
   price $210,000 Active 34 DOM
3. 2026-06-18
   days on market $220,000 Active 34 DOM
4. 2026-06-17
   days on market $220,000 Active 33 DOM
5. 2026-06-16
   days on market $220,000 Active 32 DOM
6. 2026-06-15
   days on market $220,000 Active 31 DOM
7. 2026-06-14
   days on market $220,000 Active 29 DOM
8. 2026-06-13
   days on market $220,000 Active 28 DOM
9. 2026-06-10
   days on market $220,000 Active 26 DOM
10. 2026-06-09
    days on market $220,000 Active 25 DOM
11. 2026-06-08
    days on market $220,000 Active 24 DOM
12. 2026-06-07
    days on market $220,000 Active 23 DOM
13. 2026-06-03
    days on market $220,000 Active 19 DOM
14. 2026-06-02
    days on market $220,000 Active 18 DOM
15. 2026-06-01
    days on market $220,000 Active 17 DOM
16. 2026-05-31
    days on market $220,000 Active 16 DOM
17. 2026-05-30
    days on market $220,000 Active 15 DOM
18. 2026-05-15
    listed $220,000 Active 2318-char remark
19. 2020-10-27
    soldstatus $194,800
20. 2020-10-26
    soldstatus $194,800 799-char remark

    Show marketing remark (799 chars)

    Noir Coast 2/2/2 with privacy setting. This home is ready for a new homeowner to come in and make it theirs. It has been loved and taken care of perfectly. Crown molding, laminate floors throughout with tile in baths and laundry room, custom lighting and ceiling fans, laundry room has custom cabinets with are to hang clothes. Kitchen is eat in with upgraded granite countertops, SS appliances, tiled backsplash, and upgraded cabinets. Home has shutters throughout, closet organizer in master closet, dual sinks in master, and screened lanai. This privacy lot is wonderful as you can sit with your morning coffee or evening cocktail and not worry about your neighbors becoming part of the conversation. If you are thinking of downsizing, or looking for a seasonal home, this one is picture perfect.

21. 2020-08-14
    listed $194,800 799-char remark

    Show marketing remark (799 chars)

    Noir Coast 2/2/2 with privacy setting. This home is ready for a new homeowner to come in and make it theirs. It has been loved and taken care of perfectly. Crown molding, laminate floors throughout with tile in baths and laundry room, custom lighting and ceiling fans, laundry room has custom cabinets with are to hang clothes. Kitchen is eat in with upgraded granite countertops, SS appliances, tiled backsplash, and upgraded cabinets. Home has shutters throughout, closet organizer in master closet, dual sinks in master, and screened lanai. This privacy lot is wonderful as you can sit with your morning coffee or evening cocktail and not worry about your neighbors becoming part of the conversation. If you are thinking of downsizing, or looking for a seasonal home, this one is picture perfect.

ⓘ 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: $3,715 · $310/mo
• Projected year-2 tax: $3,715 · $310/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 9/10 Extreme 7 d/yr ≥107°F today · 22 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: $24,543
• − Mortgage interest: −$11,763
• − Property taxes: −$3,715
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,963
• − Management: −$1,963
• − HOA: −$5,004
• − Depreciation: −$6,109
• Taxable loss: −$7,026
• Est. tax savings @ 24.0%: +$1,686
• After-tax cash flow: $-1,909/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 — On Top of the World

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: On Top of the World, FL
• County: Marion County · 315,796 people
• City population: 25,668
• Metro: Ocala, FL
• Population (ZIP): 26,782
• Household income: $57,324
• Rent vs Own: 9.8% rent · 90.2% own
• Severe rent burden: 313.0

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 11% Black 7% Two or more races 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 88% English-only · Spanish 9% French/Haitian/Cajun 1% German/W. Germanic 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: ▼ -67.48%
• Current HPI: 199.986
• 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

+12.9% since first listed

4 events — show timeline

• 2026-05-15 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2020-10-27 Sold (Public Records) $194,800 Public Records
• 2020-10-26 Sold (MLS) $194,800 Stellar MLS as Distributed by MLS Grid
• 2020-08-14 Listed $194,800 Stellar MLS as Distributed by MLS Grid

Property tax history

+22.7%/yr

Latest (2025): $3,715 · +0.9% YoY. Source: county tax records.