131 SW 76th Ter · Ocala, FL 34474

$155,000

3 bd · 2.0 ba · 1,200 sqft · Manufactured public records · 327 Days on market

Built 1985 9,583 sqft lot ↓ 14% since listing

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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 +27.9/30.0
• DSCR +9.9/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

Key facts

• Brand new shed
• Gas fireplace
• Brand new fence

Tags

• GAS FIREPLACE
• BRAND NEW FENCE
• BRAND NEW SHED
• NO HOA FEES
• REPLACED ROOF
• REPLACED APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.0% 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 flat; 295 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 35% of the median local income ($65k/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 $5k 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 327 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $14k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 327 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
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: 1.22% ✓
• Cap rate: 10.00%
• Cash-on-cash: 13.23%
• DSCR: 1.59
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.12% rent growth · sell at horizon

5-year hold

• IRR: 0.0%
• Equity multiple: 1.00×
• Total profit: $18
• Equity at exit: $23,111

10-year hold

• IRR: 6.5%
• Equity multiple: 1.43×
• Total profit: $18,577
• Equity at exit: $13,402

Cash invested: $43,400 (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 34474

• Home prices YoY: -28.4%
• Rents YoY: 0.1%
• Active inventory: 295
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,893 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$140 /mo · $1,679/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $478

Break-even live

Break-even rent $1,288

Max offer price $155,000

Occupancy floor 70%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
238 NW 76th Ter Ocala, FL	3.0	2.0	1000	$1,750	$1.75	21d	1	0.24mi
7640 SW 14th St Ocala, FL	3.0	2.0	1173	$1,699	$1.45	21d	1	0.88mi

Listing history 17 events

1. 2026-04-24
   status Pending 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

2. 2026-01-13
   price $155,000 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

3. 2025-12-01
   status Active 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

4. 2025-11-30
   historical 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

5. 2025-08-09
   price $160,000 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

6. 2025-05-31
   listed $169,000 Active 807-char remark

   Show marketing remark (807 chars)

   Welcome to your new home! This cozy home located in Kings Park is perfect for a first time homeowner, just wanting to down-size or an investment property. It's a 3/2, 1200 sq ft on . 22 aces in Kings Park subdivision which by the way is not 5 minutes from the World Equestrian Center. There is a beautiful gas fireplace that's located in the living room perfect for those chilly nights come winter. There is also a brand new fence that was erected in 2023 along with the deck and stairs. In addition, there is also a brand new 8' X 8' shed in the back for extra storage. The best part is that there are no HOA Fees! The roof was replaced in 2022 and all the appliances were also replaced in the same timeframe. This home is close to schools, shopping, restaurants and more. Come and see. .. don't miss out!

7. 2022-12-30
   soldstatus $153,000
8. 2022-12-28
   soldstatus $153,000 Closed 325-char remark

   Show marketing remark (325 chars)

   LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

9. 2022-12-08
   status Pending 325-char remark

   Show marketing remark (325 chars)

   LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

10. 2022-10-31
    price $160,000 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

11. 2022-10-11
    status Active 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

12. 2022-10-10
    historical 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

13. 2022-09-30
    price $165,000 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

14. 2022-09-15
    price $169,900 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

15. 2022-09-07
    status Active 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

16. 2022-08-23
    status Pending 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

17. 2022-08-08
    listed $179,900 Active 325-char remark

    Show marketing remark (325 chars)

    LOCATION, LOCATION, LOCATION…. 3/2, 1200 sq ft on . 22 acres in desirable Kings Park subdivision which means this is almost a quarter acre with no HOA fees! Near World Equestrian Center. Close to, schools, shopping, restaurants and more. Would be a great first time home, or investment property. Don’t miss out!

ⓘ 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: $1,679 · $140/mo
• Projected year-2 tax: $1,679 · $140/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 8/10 Severe 6 d/yr ≥107°F today · 17 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: $22,720
• − Mortgage interest: −$8,682
• − Property taxes: −$1,679
• − Insurance: −$775
• − Repairs & maintenance: −$1,818
• − Management: −$1,818
• − Depreciation: −$4,509
• Taxable income: $3,440
• Est. tax owed @ 24.0%: −$826
• After-tax cash flow: $4,916/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): 20,258
• Household income: $65,291
• Rent vs Own: 55.8% rent · 44.2% own
• Severe rent burden: 1062.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 52% Hispanic / Latino 25% Black 13% Two or more races 8% Asian 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 21% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 22% Other Indo-European 4% Vietnamese 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: ▼ -78.16%
• Current HPI: 196.5607
• Rent YoY: ▲ 0.12%
• 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

-13.8% since first listed

17 events — show timeline

• 2026-04-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Price Changed $155,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-09 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-31 Listed $169,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-30 Sold (Public Records) $153,000 Public Records
• 2022-12-28 Sold (MLS) $153,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-31 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-10-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-09-30 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-15 Price Changed $169,900 Stellar MLS as Distributed by MLS Grid
• 2022-09-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-08-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-08-08 Listed $179,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+33.8%/yr

Latest (2025): $1,679 · +16.5% YoY. Source: county tax records.