1103 NE 9th Ave · Ocala, FL 34470

$175,900

3 bd · 1.0 ba · 1,456 sqft · SingleFamily public records · 222 Days on market

Built 1933 0.30 ac lot $121/sqft · 15% below area Est $207k · 15% 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).

• Cash flow +18.3/30.0
• ARV discount +14.3/15.0
• DSCR +5.8/10.0
• 1% rule +4.5/10.0
• 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

Make this 3/1 your own or it would be an ideal investment property. Centrally located and close to Downtown Ocala.

Key facts

• Centrally located
• 0.3 acre lot
• Built 1933

Tags

• CENTRALLY LOCATED
• CLOSE TO DOWNTOWN OCALA

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $176k.

Deal economics

• At list price, monthly cash flow is $162 ($2k/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 $166k (5.5% below list).
• Recommended offer: $155k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.1% 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.
• Zoned schools: Wyomina Park Elementary School (math 29% / reading 28%, grade F, #1,943 of 2,144 statewide, top 91%, 645 students, 82% FRL); Fort King Middle School (math 37% / reading 35%, grade F, #410 of 571 statewide, top 72%, 1,092 students, 71% FRL); Vanguard High School (math 22% / reading 48%, grade F, #379 of 667 statewide, top 58%, 1,661 students, 59% FRL).
• Market conditions: Rents soft (-0.1%/yr); 297 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 38% of the median local income ($52k/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 222 days — a 12% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y 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.
• Current owner paid $24k; list at $176k implies a 633% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1933 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,792 (12.0% below list)

Questions for the listing agent

1. It's been on market 222 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1933 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.95% ✗
• Cap rate: 7.40%
• Cash-on-cash: 3.95%
• DSCR: 1.18
• GRM: 8.8

CMA / ARV

• ARV (median comp): $207,401
• List price: $175,900
• Delta: -15.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
910 NE 11th Ave	0.17mi	3/2.0	1,406 (-3%)	4mo	$200,000	$142	80
924 NE 12th Ave	0.28mi	3/2.5	1,439 (-1%)	5mo	$203,500	$141	75
1122 NE 9th St	0.23mi	3/1.0	1,302 (-11%)	15mo	$199,000	$153	59
1105 NE 3rd St	0.55mi	2/1.0 (-1)	1,237 (-15%)	4mo	$240,000	$194	41
1030 NE 5th St	0.44mi	3/2.0	1,625 (+12%)	18mo	$221,000	$136	41
1516 NE 12th St	0.65mi	3/2.0	1,521 (+4%)	20mo	$235,000	$155	41

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.4%
• Equity multiple: 0.53×
• Total profit: $-23,065
• Equity at exit: $26,227

10-year hold

• IRR: -9.8%
• Equity multiple: 0.48×
• Total profit: $-25,677
• Equity at exit: $15,209

Cash invested: $49,252 (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 34470

• Home prices YoY: -27.6%
• Rents YoY: -0.1%
• Active inventory: 297
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,662 high
• Mortgage (P&I): −$922
• Tax from tax record: −$155 /mo · $1,865/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $162

Break-even live

Break-even rent $1,457

Max offer price $175,900

Occupancy floor 85%

Sensitivity live

Price	-10% $262	-5% $212	+0% $162	+5% $112	+10% $63
Rent	-10% $31	-5% $96	+0% $162	+5% $228	+10% $293
Rate	-1.0pp $251	-0.5pp $207	base $162	+0.5pp $117	+1.0pp $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: $43,975
• Closing costs: $5,277
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
710 NE 4th St Unit 101 Ocala, FL	3.0	3.0	1422	$1,575	$1.11	23d	1	0.46mi
339 NE Sanchez Ave Unit 111 Ocala, FL	3.0	3.0	1422	$1,649	$1.16	23d	1	0.47mi
408 NE 12th Ave Ocala, FL	4.0	2.0	1808	$2,100	$1.16	23d	1	0.47mi
241 NE Tuscawilla Ave Ocala, FL	2.0	1.0	1644	$1,400	$0.85	23d	1	0.57mi
1643 NE 16th Ave Unit B Ocala, FL	2.0	1.0	1635	$1,450	$0.89	23d	1	0.81mi
302 SE Broadway St #460 Ocala, FL	2.0	2.0	1500	$3,000	$2.00	23d	1	0.84mi
1549 NE 2nd St Unit B Ocala, FL	2.0	2.0	1036	$1,249	$1.21	23d	1	0.86mi
1706 NE 4th St Ocala, FL	3.0	2.0	1573	$2,100	$1.34	15d	1	0.92mi
1316 E Fort King St Unit 1316-1 Ocala, FL	2.0	1.0	892	$1,499	$1.68	23d	1	0.92mi
305 SE 10th Ave Ocala, FL	2.0	1.0	1449	$1,800	$1.24	23d	1	0.92mi
131 SE 13th Ave Ocala, FL	2.0	1.0	956	$1,225	$1.28	15d	1	0.93mi
127 SE 13th Ave Unit R 3107 Ocala, FL	2.0	1.0	956	$1,225	$1.28	15d	1	0.94mi
2205 NE 14th Ave Ocala, FL	3.0	1.0	1020	$1,345	$1.32	23d	1	0.94mi
1718 NE 3rd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	15d	1	0.96mi
1718 NE 3rd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	23d	1	0.96mi
1713 NE 2nd St Ocala, FL	2.0	1.5	1200	$1,289	$1.07	23d	1	0.98mi
1812 NE 3rd St Unit 1808 Ocala, FL	2.0	2.0	936	$1,599	$1.71	15d	1	1.04mi
1812 NE 3rd St Unit 1752 Ocala, FL	2.0	2.0	936	$1,499	$1.60	23d	1	1.05mi
1838 NE 17th St Ocala, FL	2.0	1.0	1680	$1,200	$0.71	15d	1	1.08mi
712 NE 26th St Ocala, FL	3.0	2.0	1105	$1,590	$1.44	23d	1	1.15mi
708 NE 26th St Ocala, FL	3.0	2.0	1100	$1,600	$1.45	23d	1	1.15mi
714 NW 1st St Ocala, FL	3.0	2.0	1444	$2,200	$1.52	15d	1	1.23mi
717 W Silver Springs Pl Ocala, FL	3.0	2.0	1000	$1,445	$1.45	15d	1	1.25mi
900 SE 3rd Ave Ocala, FL	2.0–3.0	2.0	1160	$2,325	$2.00	15d	4	1.27mi
510 SE 11th St Unit 510-D Ocala, FL	2.0	1.0	925	$995	$1.08	15d	1	1.36mi
2321 NE 3rd St Ocala, FL	1.0–3.0	1.0–2.0	1010	$990	$0.98	15d	1	1.39mi
2281 NE 2nd St Ocala, FL	2.0	2.0	1000	$1,499	$1.50	23d	1	1.43mi
730 SE 13th St Ocala, FL	2.0	1.0	1000	$1,499	$1.50	23d	1	1.47mi

Listing history 27 events

1. 2026-06-22
   days on market $175,900 Active 222 DOM
2. 2026-06-18
   days on market $175,900 Active 219 DOM
3. 2026-06-17
   days on market $175,900 Active 218 DOM
4. 2026-06-16
   days on market $175,900 Active 217 DOM
5. 2026-06-15
   days on market $175,900 Active 216 DOM
6. 2026-06-14
   days on market $175,900 Active 214 DOM
7. 2026-06-13
   days on market $175,900 Active 213 DOM
8. 2026-06-10
   days on market $175,900 Active 211 DOM
9. 2026-06-09
   days on market $175,900 Active 210 DOM
10. 2026-06-08
    days on market $175,900 Active 209 DOM
11. 2026-06-07
    days on market $175,900 Active 208 DOM
12. 2026-06-03
    days on market $175,900 Active 204 DOM
13. 2026-06-02
    days on market $175,900 Active 203 DOM
14. 2026-05-31
    days on market $175,900 Active 201 DOM
15. 2026-05-30
    days on market $175,900 Active 200 DOM
16. 2026-04-10
    price $175,900 114-char remark

    Show marketing remark (114 chars)

    Make this 3/1 your own or it would be an ideal investment property. Centrally located and close to Downtown Ocala.

17. 2026-01-22
    price $177,900 114-char remark

    Show marketing remark (114 chars)

    Make this 3/1 your own or it would be an ideal investment property. Centrally located and close to Downtown Ocala.

18. 2025-11-11
    listed $179,900 Active 114-char remark

    Show marketing remark (114 chars)

    Make this 3/1 your own or it would be an ideal investment property. Centrally located and close to Downtown Ocala.

19. 2025-07-24
    historical $1,675
20. 2025-07-17
    listed $1,675
21. 2023-09-08
    historical $1,600
22. 2023-08-19
    listed $1,600
23. 2013-05-15
    soldstatus $24,000 303-char remark

    Show marketing remark (303 chars)

    Investor alert! Three bedrooms, one bath, large kitchen with inside laundry. The home is 90% renovated. New windows, plumbing, electric, water heater, bathroom, kitchen, carpet, linoleum, and paint. No electric drop to house. Aggressively priced to sell AS IS. $495.50 quote to complete electrical work.

24. 2012-11-09
    listed $39,900 303-char remark

    Show marketing remark (303 chars)

    Investor alert! Three bedrooms, one bath, large kitchen with inside laundry. The home is 90% renovated. New windows, plumbing, electric, water heater, bathroom, kitchen, carpet, linoleum, and paint. No electric drop to house. Aggressively priced to sell AS IS. $495.50 quote to complete electrical work.

25. 2012-03-31
    historical
26. 2011-08-30
    listed $47,500
27. 2008-06-18
    soldstatus $67,000

ⓘ 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: $1,865 · $155/mo
• Projected year-2 tax: $1,865 · $155/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,948
• − Mortgage interest: −$9,853
• − Property taxes: −$1,865
• − Insurance: −$880
• − Repairs & maintenance: −$1,596
• − Management: −$1,596
• − Depreciation: −$5,117
• Taxable loss: −$958
• Est. tax savings @ 24.0%: +$230
• After-tax cash flow: $2,175/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

• Census place: Ocala, FL
• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,443
• Household income: $52,083
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 771.0

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 (71%)
• Race & ethnicity: White 71% Two or more races 12% Hispanic / Latino 12% Black 10% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Romanian 2% Italian 2%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 89% English-only · Spanish 9%

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: ▼ -92.74%
• Current HPI: 242.686
• Rent YoY: ▼ -0.07%
• 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

+162.5% since first listed

12 events — show timeline

• 2026-04-10 Price Changed $175,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Price Changed $177,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-24 Rental Removed $1,675 STELLARMLS
• 2025-07-17 Listed for Rent $1,675 STELLARMLS
• 2023-09-08 Rental Removed $1,600 STELLARMLS
• 2023-08-19 Listed for Rent $1,600 STELLARMLS
• 2013-05-15 Sold (MLS) $24,000 Stellar MLS as Distributed by MLS Grid
• 2012-11-09 Listed $39,900 Stellar MLS as Distributed by MLS Grid
• 2012-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-08-30 Listed $47,500 Stellar MLS as Distributed by MLS Grid
• 2008-06-18 Sold (Public Records) $67,000 Public Records

Property tax history

+15.2%/yr

Latest (2025): $1,865 · +22.6% YoY. Source: county tax records.