3355 SE 92nd St · Belleview, FL 34480

$133,800

2 bd · 1.0 ba · 1,186 sqft · Manufactured public records · 477 Days on market

Built 1972 9,583 sqft lot $113/sqft · 25% below area Est $177k · 25% 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 +22.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.2/10.0
• 1% rule +6.0/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This single-wide mobile home in Big Ridge Acres offers a budget-friendly option with no HOA restrictions and plenty of potential. Located just minutes from Santos Trails for biking and hiking, it's also convenient to Ocala and Belleview shopping and just around the corner from local schools. The 2-bedroom, 1-bath home features a 10' x 20' front porch, a fenced yard, and a carport with power and two covered spaces. Inside, newer windows run along the back, and the Florida room was reglazed and screened in 2023. Heating is provided by electric radiators and fireplace heaters. A 10' x 38' back building offers space for a workshop, hobby area, or potential in-law suite with some finishing, with power and plumbing already in place. Recent updates include a new bathroom, water heater, pressure switch, and well bladder, plus fresh exterior paint. The home is fully furnished and includes a multi-convection oven, electric burner, coffee maker, and kettle. An outdoor propane grill also conveys. Roof vents were replaced in 2024. Well system has had a professional inspection and maintenance service. This home has plenty of room for updates but is move-in ready for the right buyer. Schedule a showing today!

Key facts

• 9,583 sq ft lot
• 2 parking spots
• Built 1972

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $134k.

Deal economics

• At list price, monthly cash flow is $228 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $134k).
• Recommended offer: $118k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 4.5% in Belleview — 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 (#458 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, crime F, amenities 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 rising (+2.8%/yr); 344 active listings in the ZIP; solid renter incomes; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $925 of loan paydown is wiped out by about $4k 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 477 days — a 12% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $45k; list at $134k implies a 197% 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,744 (12.0% below list)

Questions for the listing agent

1. It's been on market 477 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 1972 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 1.10% ✓
• Cap rate: 8.34%
• Cash-on-cash: 7.29%
• DSCR: 1.32
• GRM: 7.6

CMA / ARV

• ARV (median comp): $177,270
• List price: $133,800
• Delta: -24.52%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3376 SE 93rd Pl	0.19mi	3/2.0 (+1)	1,296 (+9%)	8mo	$179,000	$138	60

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 · 2.84% rent growth · sell at horizon

5-year hold

• IRR: -5.3%
• Equity multiple: 0.80×
• Total profit: $-7,387
• Equity at exit: $19,950

10-year hold

• IRR: 4.2%
• Equity multiple: 1.30×
• Total profit: $11,383
• Equity at exit: $11,569

Cash invested: $37,464 (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 34480

• Home prices YoY: -28.7%
• Rents YoY: 2.8%
• Active inventory: 344
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,465 medium
• Mortgage (P&I): −$702
• Tax from tax record: −$173 /mo · $2,071/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $228

Break-even live

Break-even rent $1,177

Max offer price $133,800

Occupancy floor 79%

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: $33,450
• Closing costs: $4,014
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-18
   days on market $133,800 Active 477 DOM
2. 2026-06-17
   days on market $133,800 Active 476 DOM
3. 2026-06-16
   days on market $133,800 Active 475 DOM
4. 2026-06-15
   days on market $133,800 Active 474 DOM
5. 2026-06-14
   days on market $133,800 Active 472 DOM
6. 2026-06-13
   days on market $133,800 Active 471 DOM
7. 2026-06-10
   days on market $133,800 Active 469 DOM
8. 2026-06-09
   days on market $133,800 Active 468 DOM
9. 2026-06-08
   days on market $133,800 Active 467 DOM
10. 2026-06-07
    days on market $133,800 Active 466 DOM
11. 2026-06-03
    days on market $133,800 Active 462 DOM
12. 2026-06-02
    days on market $133,800 Active 461 DOM
13. 2026-05-31
    days on market $133,800 Active 459 DOM
14. 2026-05-30
    days on market $133,800 Active 458 DOM
15. 2025-09-22
    price $133,800 1213-char remark

    Show marketing remark (1213 chars)

    This single-wide mobile home in Big Ridge Acres offers a budget-friendly option with no HOA restrictions and plenty of potential. Located just minutes from Santos Trails for biking and hiking, it's also convenient to Ocala and Belleview shopping and just around the corner from local schools. The 2-bedroom, 1-bath home features a 10' x 20' front porch, a fenced yard, and a carport with power and two covered spaces. Inside, newer windows run along the back, and the Florida room was reglazed and screened in 2023. Heating is provided by electric radiators and fireplace heaters. A 10' x 38' back building offers space for a workshop, hobby area, or potential in-law suite with some finishing, with power and plumbing already in place. Recent updates include a new bathroom, water heater, pressure switch, and well bladder, plus fresh exterior paint. The home is fully furnished and includes a multi-convection oven, electric burner, coffee maker, and kettle. An outdoor propane grill also conveys. Roof vents were replaced in 2024. Well system has had a professional inspection and maintenance service. This home has plenty of room for updates but is move-in ready for the right buyer. Schedule a showing today!

16. 2025-03-31
    price $135,500 1213-char remark

    Show marketing remark (1213 chars)

    This single-wide mobile home in Big Ridge Acres offers a budget-friendly option with no HOA restrictions and plenty of potential. Located just minutes from Santos Trails for biking and hiking, it's also convenient to Ocala and Belleview shopping and just around the corner from local schools. The 2-bedroom, 1-bath home features a 10' x 20' front porch, a fenced yard, and a carport with power and two covered spaces. Inside, newer windows run along the back, and the Florida room was reglazed and screened in 2023. Heating is provided by electric radiators and fireplace heaters. A 10' x 38' back building offers space for a workshop, hobby area, or potential in-law suite with some finishing, with power and plumbing already in place. Recent updates include a new bathroom, water heater, pressure switch, and well bladder, plus fresh exterior paint. The home is fully furnished and includes a multi-convection oven, electric burner, coffee maker, and kettle. An outdoor propane grill also conveys. Roof vents were replaced in 2024. Well system has had a professional inspection and maintenance service. This home has plenty of room for updates but is move-in ready for the right buyer. Schedule a showing today!

17. 2025-02-26
    listed $139,900 Active 1213-char remark

    Show marketing remark (1213 chars)

    This single-wide mobile home in Big Ridge Acres offers a budget-friendly option with no HOA restrictions and plenty of potential. Located just minutes from Santos Trails for biking and hiking, it's also convenient to Ocala and Belleview shopping and just around the corner from local schools. The 2-bedroom, 1-bath home features a 10' x 20' front porch, a fenced yard, and a carport with power and two covered spaces. Inside, newer windows run along the back, and the Florida room was reglazed and screened in 2023. Heating is provided by electric radiators and fireplace heaters. A 10' x 38' back building offers space for a workshop, hobby area, or potential in-law suite with some finishing, with power and plumbing already in place. Recent updates include a new bathroom, water heater, pressure switch, and well bladder, plus fresh exterior paint. The home is fully furnished and includes a multi-convection oven, electric burner, coffee maker, and kettle. An outdoor propane grill also conveys. Roof vents were replaced in 2024. Well system has had a professional inspection and maintenance service. This home has plenty of room for updates but is move-in ready for the right buyer. Schedule a showing today!

18. 2022-02-28
    soldstatus $45,000 Closed 442-char remark

    Show marketing remark (442 chars)

    Single wide mobile home in Big Ridge Acres with NO HOA and just around the corner from Santos Elementary, Belleview Middle and Belleview High School. Seller states the well was just serviced and septic was recently pumped. 10x20 front porch, 10x37 back building that needs to be completed and could be turned into a guest house or in law suite. Fenced in yard, carport with 2 spaces , and new windows installed on the entire rear of the home.

19. 2022-02-24
    soldstatus $45,000
20. 2022-01-25
    status Pending 442-char remark

    Show marketing remark (442 chars)

    Single wide mobile home in Big Ridge Acres with NO HOA and just around the corner from Santos Elementary, Belleview Middle and Belleview High School. Seller states the well was just serviced and septic was recently pumped. 10x20 front porch, 10x37 back building that needs to be completed and could be turned into a guest house or in law suite. Fenced in yard, carport with 2 spaces , and new windows installed on the entire rear of the home.

21. 2022-01-19
    listed $56,000 Active 442-char remark

    Show marketing remark (442 chars)

    Single wide mobile home in Big Ridge Acres with NO HOA and just around the corner from Santos Elementary, Belleview Middle and Belleview High School. Seller states the well was just serviced and septic was recently pumped. 10x20 front porch, 10x37 back building that needs to be completed and could be turned into a guest house or in law suite. Fenced in yard, carport with 2 spaces , and new windows installed on the entire rear of the home.

22. 2021-11-30
    historical
23. 2021-11-17
    listed $56,000 Active
24. 2019-11-13
    soldstatus $35,000
25. 1986-09-01
    soldstatus $30,000

ⓘ 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: $2,071 · $173/mo
• Projected year-2 tax: $2,071 · $173/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 19 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,586
• − Mortgage interest: −$7,495
• − Property taxes: −$2,071
• − Insurance: −$669
• − Repairs & maintenance: −$1,407
• − Management: −$1,407
• − Depreciation: −$3,892
• Taxable income: $645
• Est. tax owed @ 24.0%: −$155
• After-tax cash flow: $2,578/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 — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• Metro: Ocala, FL
• Population (ZIP): 23,517
• Household income: $77,557
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 169.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 15% Two or more races 11% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5% Cuban 2% Dominican 2%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 9% Other Asian/Pacific 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: ▼ -85.60%
• Current HPI: 212.4262
• Rent YoY: ▲ 2.84%
• 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

+346.0% since first listed

11 events — show timeline

• 2025-09-22 Price Changed $133,800 Stellar MLS as Distributed by MLS Grid
• 2025-03-31 Price Changed $135,500 Stellar MLS as Distributed by MLS Grid
• 2025-02-26 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2022-02-28 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
• 2022-02-24 Sold (Public Records) $45,000 Public Records
• 2022-01-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-01-19 Listed $56,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-11-17 Listed $56,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-13 Sold (Public Records) $35,000 Public Records
• 1986-09-01 Sold (Public Records) $30,000 Public Records

Property tax history

+13.4%/yr

Latest (2025): $2,071 · +22.1% YoY. Source: county tax records.