2811 SW Archer Rd Unit Z244 · Gainesville, FL 32608

$80,000

1 bd · 1.0 ba · 876 sqft · Condo public records · 107 Days on market

Built 1985 $326/mo HOA · 23% of rent

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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 +26.1/30.0
• 1% rule +10.0/10.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor alert! A great investment that is located in a superior location. A tenant is in place, and cash follows immediately with an unrefuseable asking price to the market value! This clean, well-maintained 2 bedroom 1 bathroom unit sits on the 2nd floor, it has hard surface flooring throughout the entire unit with an upgraded bathroom vanity. There is a large covered balcony on the back. The community includes a clubhouse, pool, laundry facility & basketball court. HOA fee covers Gator Net internet/water/sewer/trash costs, pest control & exterior maintenance. On-site property management. This super convenient location is only minutes to Shands, the VA hospital, UF, restaurants & shopping.

Key facts

• Laminate flooring
• Upgraded vanity
• Plenty of storage

Tags

• CARPET-FREE LIVING ENVIRONMENT
• LAMINATE FLOORING
• TILE FLOORING
• NEWLY RENOVATED SHOWER TUBE
• UPGRADED VANITY
• PLENTY OF STORAGE

Property features AI

Finance

• Financial info: Total annual association fees approximately $3,915; No lease restrictions indicated
• HOA & community: Association: Brandywine; Monthly HOA fee of $326.25 (includes common area taxes, pool, insurance, internet, maintenance structure and grounds, pest control, private road, recreational facilities, trash, water); Buyer approval required for association; Association amenities: Clubhouse, Laundry, Maintenance, Pool; Community features: Clubhouse, Community mailbox, Deed restrictions, Pool, Street lights; Pets allowed (max ~100 lbs); Full-time management

Exterior

• Parking: Open parking
• Security: Security system
• Utilities: Private water; Private sewer; Broadband/high-speed internet available; Fiber optics; Public utilities available; Underground utilities
• Home design: Condominium (residential); Two-story building; Unit on floor 2; Faces south; Completed condition; Building Z
• Construction: Stucco and other construction materials; Shingle roof; Slab foundation; Built as part of a multi-unit condominium
• Exterior features: Covered rear porch; Balcony; Sliding doors; Near public transit; Paved roads; Private maintained road

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Exhaust fan; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Tile; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Open floorplan; Thermostat; Walk-in closet(s); Blinds
• Laundry & utility: No laundry in unit (none listed); Storage rooms

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $80k.

Deal economics

• At list price, monthly cash flow is $201 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $73k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 81/100 on livability (#97 in FL, #1,480 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Idylwild Elementary School (math 30% / reading 29%, grade F, #1,896 of 2,144 statewide, top 90%, 533 students, 78% FRL); Eastside High School (math 29% / reading 56%, grade F, #264 of 667 statewide, top 41%, 1,220 students, 56% FRL) — zoned schools average 67% FRL vs 48% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 36% at this address vs 52% district-wide (-16 pts) — the specific schools serving this property underperform the Alachua average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.9%/yr); 594 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $22k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.

Recommended offer $72,800 (9.0% below list)

Questions for the listing agent

1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.75% ✓
• Cap rate: 9.30%
• Cash-on-cash: 10.75%
• DSCR: 1.48
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.89% rent growth · sell at horizon

5-year hold

• IRR: -0.1%
• Equity multiple: 1.00×
• Total profit: $-100
• Equity at exit: $11,928

10-year hold

• IRR: 9.6%
• Equity multiple: 1.75×
• Total profit: $16,705
• Equity at exit: $6,917

Cash invested: $22,400 (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 32608

• Rents YoY: 2.9%
• Active inventory: 594
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,403 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$129 /mo · $1,543/yr
• Insurance: −$33
• HOA: −$326
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $201

Break-even live

Break-even rent $1,149

Max offer price $80,000

Occupancy floor 81%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4455 SW 34th St Gainesville, FL	1.0–3.0	1.0–3.0	1033	$1,569	$1.52	13d	28	1.20mi

HOA detail condo

• Monthly dues: $326 · $3,912/yr
• Likely covers: watersewertrashinternetexterior maint.pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 9 events

1. 2026-05-06
   status Pending
2. 2026-03-16
   price $80,000
3. 2026-01-19
   listed $85,000 Active
4. 2024-02-16
   soldstatus $79,000 Closed 718-char remark

   Show marketing remark (718 chars)

   Investor alert! A great investment that is located in a superior location. A tenant is in place, and cash follows immediately with an unrefuseable asking price to the market value! This clean, well-maintained 2 bedroom 1 bathroom unit sits on the 2nd floor, it has hard surface flooring throughout the entire unit with an upgraded bathroom vanity. There is a large covered balcony on the back. The community includes a clubhouse, pool, laundry facility & basketball court. HOA fee covers Gator Net internet/water/sewer/trash costs, pest control & exterior maintenance. On-site property management. This super convenient location is only minutes to Shands, the VA hospital, UF, restaurants & shopping.

5. 2024-02-16
   soldstatus $79,000

   Show marketing remark (718 chars)

   Investor alert! A great investment that is located in a superior location. A tenant is in place, and cash follows immediately with an unrefuseable asking price to the market value! This clean, well-maintained 2 bedroom 1 bathroom unit sits on the 2nd floor, it has hard surface flooring throughout the entire unit with an upgraded bathroom vanity. There is a large covered balcony on the back. The community includes a clubhouse, pool, laundry facility & basketball court. HOA fee covers Gator Net internet/water/sewer/trash costs, pest control & exterior maintenance. On-site property management. This super convenient location is only minutes to Shands, the VA hospital, UF, restaurants & shopping.

6. 2024-01-30
   status Pending 718-char remark

   Show marketing remark (718 chars)

   Investor alert! A great investment that is located in a superior location. A tenant is in place, and cash follows immediately with an unrefuseable asking price to the market value! This clean, well-maintained 2 bedroom 1 bathroom unit sits on the 2nd floor, it has hard surface flooring throughout the entire unit with an upgraded bathroom vanity. There is a large covered balcony on the back. The community includes a clubhouse, pool, laundry facility & basketball court. HOA fee covers Gator Net internet/water/sewer/trash costs, pest control & exterior maintenance. On-site property management. This super convenient location is only minutes to Shands, the VA hospital, UF, restaurants & shopping.

7. 2024-01-08
   listed $79,900 Active 718-char remark

   Show marketing remark (718 chars)

   Investor alert! A great investment that is located in a superior location. A tenant is in place, and cash follows immediately with an unrefuseable asking price to the market value! This clean, well-maintained 2 bedroom 1 bathroom unit sits on the 2nd floor, it has hard surface flooring throughout the entire unit with an upgraded bathroom vanity. There is a large covered balcony on the back. The community includes a clubhouse, pool, laundry facility & basketball court. HOA fee covers Gator Net internet/water/sewer/trash costs, pest control & exterior maintenance. On-site property management. This super convenient location is only minutes to Shands, the VA hospital, UF, restaurants & shopping.

8. 2003-10-20
   soldstatus $43,000
9. 1986-08-01
   soldstatus $49,900

ⓘ 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: $1,543 · $129/mo
• Projected year-2 tax: $1,543 · $129/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $16,832
• − Mortgage interest: −$4,481
• − Property taxes: −$1,543
• − Insurance: −$400
• − Repairs & maintenance: −$1,347
• − Management: −$1,347
• − HOA: −$3,912
• − Depreciation: −$2,327
• Taxable income: $1,475
• Est. tax owed @ 24.0%: −$354
• After-tax cash flow: $2,054/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: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Gainesville

• Score: 81/100
• State rank: #97
• US rank: #1480

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gainesville, FL
• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 54,566
• Household income: $61,588
• Rent vs Own: 58.7% rent · 41.3% own
• Severe rent burden: 4709.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 16% Black 13% Asian 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4%
• Common ancestry: Slovak 2% Italian 2% Romanian 2%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.91%
• Current HPI: 253.0629
• Rent YoY: ▲ 2.89%
• 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

+60.3% since first listed

9 events — show timeline

• 2026-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-16 Price Changed $80,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-19 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-16 Sold (Public Records) $79,000 Public Records
• 2024-02-16 Sold (MLS) $79,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-08 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2003-10-20 Sold (Public Records) $43,000 Public Records
• 1986-08-01 Sold (Public Records) $49,900 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,543 · -3.7% YoY. Source: county tax records.