187 SE Loxley Gln · High Springs, FL 32024

$239,900

3 bd · 2.0 ba · 1,980 sqft · Manufactured public records · 75 Days on market

Built 1996 5.01 ac lot Est $307k · 22% under

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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).

• ARV discount +15.0/15.0
• Cash flow +14.3/30.0
• Appreciation +10.0/10.0
• Schools +4.5/10.0
• DSCR +4.4/10.0
• Livability +3.4/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Seller Motivated! ONLY 11 minutes from High Springs , this amazing 2/2 SWMH located on 5 gorgeous acres in the countryside of Columbia County is JUST the home you've been looking for. Such a gorgeous and easy drive to the country you find yourself only a few minutes away from several great towns for all your dining and shopping needs. This home offers 2 bedroom suites with full on bathroom suites, that offer dual vanities, a nice garden tub and walk in shower each. A spacious living room, spacious kitchen with dining room and laundry room. A gorgeous front patio perfect to enjoy Floridas year round warm temps. Property is fenced and cross fenced set up for all your farm animals, family and pets. Bring you horses, perfectly set up being cross fenced all you need is a barn. Not into animals? Imagine using the land for rental income! Home has been extremely well maintained. Metal roof, AC approx 3 years old, hot water heater approx 4 years old and well/ filtration system are brand new! Call today for YOUR tour!

Key facts

• Front patio
• Metal roof
• 5 gorgeous acres

Tags

• 5 GORGEOUS ACRES
• FENCED AND CROSS FENCED
• FRONT PATIO
• METAL ROOF
• WELL FILTRATION SYSTEM

Property features AI

Finance

• Other: Approximately 5.01 acres lot; Limerock road surface to property; Owner-reported 1,200 living area (source: owner)

Exterior

• Parking: Carport with 1 space
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Manufactured home (single wide); One story; Southeast facing; Residential property
• Construction: Vinyl siding; Metal roof; Crawlspace foundation
• Exterior features: Private mailbox; Outdoor storage

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Solid surface counters; Solid wood cabinets; Split bedroom layout; Thermostat
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $240k.

Deal economics

• At list price, monthly cash flow is $46 ($552/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 $183k (23.7% below list).
• Recommended offer: $183k (23.7% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.0% in High Springs — 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 68/100 on livability (#506 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D, amenities F, commute F.
• Columbia (town): math 53% / reading 54% proficiency, ranked #25 of 73 in FL (top 34%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 206 active listings in the ZIP; 178 units permitted in Columbia County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• Columbia County population projected to shrink 7% 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 $67k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.
• Current owner paid $46k; list at $240k implies a 422% gain — meaningful room to come down on a strong offer.

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 $183,044 (23.7% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.76% ✗
• Cap rate: 6.52%
• Cash-on-cash: 0.82%
• DSCR: 1.04
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $306,900
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
124 SE Loxley Gln	0.07mi	3/2.0	1,836 (-7%)	4mo	$285,000	$155	82

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: 24.8%
• Equity multiple: 2.99×
• Total profit: $133,457
• Equity at exit: $216,121

10-year hold

• IRR: 21.9%
• Equity multiple: 6.81×
• Total profit: $390,444
• Equity at exit: $466,073

Cash invested: $67,172 (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 32024

• Home prices YoY: 7.6%
• Active inventory: 206
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,830 medium
• Mortgage (P&I): −$1,258
• Tax from tax record: −$42 /mo · $504/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $46

Break-even live

Break-even rent $1,772

Max offer price $239,900

Occupancy floor 92%

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $239,900 Active 75 DOM
2. 2026-06-18
   days on market $239,900 Active 74 DOM
3. 2026-06-17
   days on market $239,900 Active 73 DOM
4. 2026-06-16
   days on market $239,900 Active 72 DOM
5. 2026-06-15
   days on market $239,900 Active 71 DOM
6. 2026-06-14
   days on market $239,900 Active 69 DOM
7. 2026-06-12
   days on market $239,900 Active 68 DOM
8. 2026-06-09
   days on market $239,900 Active 65 DOM
9. 2026-06-08
   days on market $239,900 Active 64 DOM
10. 2026-06-07
    days on market $239,900 Active 63 DOM
11. 2026-06-05
    days on market $239,900 Active 60 DOM
12. 2026-06-03
    days on market $239,900 Active 59 DOM
13. 2026-06-02
    days on market $239,900 Active 58 DOM
14. 2026-06-01
    days on market $239,900 Active 57 DOM
15. 2026-05-31
    days on market $239,900 Active 56 DOM
16. 2026-05-30
    days on market $239,900 Active 55 DOM
17. 2026-05-21
    price $239,900 1023-char remark

    Show marketing remark (1023 chars)

    Seller Motivated! ONLY 11 minutes from High Springs , this amazing 2/2 SWMH located on 5 gorgeous acres in the countryside of Columbia County is JUST the home you've been looking for. Such a gorgeous and easy drive to the country you find yourself only a few minutes away from several great towns for all your dining and shopping needs. This home offers 2 bedroom suites with full on bathroom suites, that offer dual vanities, a nice garden tub and walk in shower each. A spacious living room, spacious kitchen with dining room and laundry room. A gorgeous front patio perfect to enjoy Floridas year round warm temps. Property is fenced and cross fenced set up for all your farm animals, family and pets. Bring you horses, perfectly set up being cross fenced all you need is a barn. Not into animals? Imagine using the land for rental income! Home has been extremely well maintained. Metal roof, AC approx 3 years old, hot water heater approx 4 years old and well/ filtration system are brand new! Call today for YOUR tour!

18. 2026-05-21
    price $239,900

    Show marketing remark (1023 chars)

    Seller Motivated! ONLY 11 minutes from High Springs , this amazing 2/2 SWMH located on 5 gorgeous acres in the countryside of Columbia County is JUST the home you've been looking for. Such a gorgeous and easy drive to the country you find yourself only a few minutes away from several great towns for all your dining and shopping needs. This home offers 2 bedroom suites with full on bathroom suites, that offer dual vanities, a nice garden tub and walk in shower each. A spacious living room, spacious kitchen with dining room and laundry room. A gorgeous front patio perfect to enjoy Floridas year round warm temps. Property is fenced and cross fenced set up for all your farm animals, family and pets. Bring you horses, perfectly set up being cross fenced all you need is a barn. Not into animals? Imagine using the land for rental income! Home has been extremely well maintained. Metal roof, AC approx 3 years old, hot water heater approx 4 years old and well/ filtration system are brand new! Call today for YOUR tour!

19. 2026-04-06
    listed $249,900 Active 1023-char remark

    Show marketing remark (1023 chars)

    Seller Motivated! ONLY 11 minutes from High Springs , this amazing 2/2 SWMH located on 5 gorgeous acres in the countryside of Columbia County is JUST the home you've been looking for. Such a gorgeous and easy drive to the country you find yourself only a few minutes away from several great towns for all your dining and shopping needs. This home offers 2 bedroom suites with full on bathroom suites, that offer dual vanities, a nice garden tub and walk in shower each. A spacious living room, spacious kitchen with dining room and laundry room. A gorgeous front patio perfect to enjoy Floridas year round warm temps. Property is fenced and cross fenced set up for all your farm animals, family and pets. Bring you horses, perfectly set up being cross fenced all you need is a barn. Not into animals? Imagine using the land for rental income! Home has been extremely well maintained. Metal roof, AC approx 3 years old, hot water heater approx 4 years old and well/ filtration system are brand new! Call today for YOUR tour!

20. 2026-04-05
    listed $249,900 Active
21. 2018-11-21
    soldstatus $46,000

ⓘ 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: $504 · $42/mo
• Projected year-2 tax: $1,991 · $166/mo
• Expected delta: +$1,487/yr (+$124/mo · 295.2%)

ⓘ 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 7/10 Severe
• 🌡 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 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,965
• − Mortgage interest: −$13,438
• − Property taxes: −$504
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,757
• − Management: −$1,757
• − Depreciation: −$6,979
• Taxable loss: −$3,670
• Est. tax savings @ 24.0%: +$881
• After-tax cash flow: $1,433/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: Columbia
• NCES district ID: 1200360
• Math proficiency: 53% ▼ -10.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $40,053
• Composite: 44.74/100
• National rank: #2750
• State rank: #25 of 73 in FL

Livability — High Springs

• Score: 68/100
• State rank: #506
• US rank: #9346

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

• City population: 11,953
• Population (ZIP): 20,644

Population outlook (Columbia County) Hauer SSP2

• Today (2025): 68,129 people
• By 2030: 67,501 · -0.9%
• By 2040: 65,465 · -3.9%
• By 2050: 63,058 · -7.4%
• By 2075: 56,291 · -17.4%
• By 2100: 45,243 · -33.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 10% Two or more races 7% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Italian 2% Portuguese 1% Lithuanian 1%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 8% Vietnamese 1%

Political lean MEDSL · Columbia

• 2024 margin: Solid R (+50.2) · D 24.6% · R 74.7%
• 2008→2024 swing: -16.4pp toward R · 2008: -33.8pp · 2024: -50.2pp
• All cycles: 2024: R+50.2 2020: R+45.2 2016: R+44.5 2012: R+36.7 2008: R+33.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 19.05%
• Current HPI: 269.4659
• 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

+421.5% since first listed

5 events — show timeline

• 2026-05-21 Price Changed $239,900 DGLMLS
• 2026-05-21 Price Changed $239,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Listed $249,900 DGLMLS
• 2026-04-05 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2018-11-21 Sold (Public Records) $46,000 Public Records

Property tax history

-7.0%/yr

Latest (2025): $504 · +0.2% YoY. Source: county tax records.