15319 SW 114th Pl · Archer, FL 32618

$235,000

3 bd · 2.0 ba · 1,800 sqft · Manufactured public records · 58 Days on market

Built 2009 1.12 ac lot

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Why this score? — see what drove the D+ 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 +15.3/30.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• DSCR +4.7/10.0
• Schools +4.3/10.0
• 1% rule +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Close to Haile/Tower Road this well kept doublewide mobile on the cul-de-sac has plenty of space inside and out. 3 large bedrooms and 2 baths with primary bedroom having an extra space that could be used as an office, nursey or even craft area. Open floor plan and fireplace allows for great entertaining or cozying up to stay warm. Seller is a licensed FL Real Estate Agent.

Key facts

• 1.12 acre lot
• Built 2009
• Listed 58 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $235k.

Deal economics

• At list price, monthly cash flow is $84 ($1k/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 $204k (13.0% below list).
• Recommended offer: $204k (13.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#676 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A-; Watch: employment D+, health & safety D, amenities 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.
• Market conditions: 135 active listings in the ZIP; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($2k loan paydown + $1k appreciation (0.6% local appreciation)).
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (0.6% appreciation + 3.0% rent growth), your $66k cash investment doubles in ~10 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 18y 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 $71k; list at $235k implies a 230% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $204,464 (13.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 0.87% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.53%
• DSCR: 1.07
• GRM: 9.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.6% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.6%
• Equity multiple: 1.08×
• Total profit: $5,156
• Equity at exit: $75,366

10-year hold

• IRR: 6.5%
• Equity multiple: 1.76×
• Total profit: $49,879
• Equity at exit: $96,498

Cash invested: $65,800 (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 32618

• Home prices YoY: 0.2%
• Active inventory: 135
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,045 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$201 /mo · $2,411/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$429
• Net cashflow: $84

Break-even live

Break-even rent $1,938

Max offer price $235,000

Occupancy floor 91%

Sensitivity live

Price	-10% $217	-5% $151	+0% $84	+5% $18	+10% $-49
Rent	-10% $-77	-5% $3	+0% $84	+5% $165	+10% $246
Rate	-1.0pp $202	-0.5pp $144	base $84	+0.5pp $23	+1.0pp $-39

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-06-18
   days on market $235,000 Active 58 DOM
2. 2026-06-17
   days on market $235,000 Active 57 DOM
3. 2026-06-16
   days on market $235,000 Active 56 DOM
4. 2026-06-15
   days on market $235,000 Active 55 DOM
5. 2026-06-14
   days on market $235,000 Active 53 DOM
6. 2026-06-13
   days on market $235,000 Active 52 DOM
7. 2026-06-10
   days on market $235,000 Active 50 DOM
8. 2026-06-09
   days on market $235,000 Active 49 DOM
9. 2026-06-08
   days on market $235,000 Active 48 DOM
10. 2026-06-07
    days on market $235,000 Active 47 DOM
11. 2026-06-05
    days on market $235,000 Active 44 DOM
12. 2026-06-03
    days on market $235,000 Active 43 DOM
13. 2026-06-02
    days on market $235,000 Active 42 DOM
14. 2026-06-01
    days on market $235,000 Active 41 DOM
15. 2026-05-31
    days on market $235,000 Active 40 DOM
16. 2026-05-30
    days on market $235,000 Active 39 DOM
17. 2026-04-21
    listed $235,000 Active 375-char remark

    Show marketing remark (375 chars)

    Close to Haile/Tower Road this well kept doublewide mobile on the cul-de-sac has plenty of space inside and out. 3 large bedrooms and 2 baths with primary bedroom having an extra space that could be used as an office, nursey or even craft area. Open floor plan and fireplace allows for great entertaining or cozying up to stay warm. Seller is a licensed FL Real Estate Agent.

18. 2023-10-27
    historical $1,475
19. 2023-10-14
    price $1,475
20. 2023-09-20
    price $1,500
21. 2023-09-07
    price $1,600
22. 2023-08-20
    price $1,650
23. 2023-07-21
    price $1,700
24. 2023-07-12
    listed $1,800
25. 2012-12-02
    soldstatus 518-char remark

    Show marketing remark (518 chars)

    Great location close to Haile/Tower Rd. Quick closing- Not a short sale or bank-owned! Spacious & Attractive. Well kept double-wide mobile home on cul-de-sac. Almost 2000 sqft, 3 huge bedrooms, 2 upgraded baths, split plan. Spacious Master bedroom has an office /nursery. Open floor plan. Upgraded kitchen has beautiful countertops, stainless steel/black appliances. Upgraded high-quality flooring throughout. Fireplace in Great Room. FL Credit Union offers MH financing. Seller is licensed FL Real Estate Agent.

26. 2012-09-04
    listed $75,100 518-char remark

    Show marketing remark (518 chars)

    Great location close to Haile/Tower Rd. Quick closing- Not a short sale or bank-owned! Spacious & Attractive. Well kept double-wide mobile home on cul-de-sac. Almost 2000 sqft, 3 huge bedrooms, 2 upgraded baths, split plan. Spacious Master bedroom has an office /nursery. Open floor plan. Upgraded kitchen has beautiful countertops, stainless steel/black appliances. Upgraded high-quality flooring throughout. Fireplace in Great Room. FL Credit Union offers MH financing. Seller is licensed FL Real Estate Agent.

27. 2012-04-04
    soldstatus $71,200
28. 2012-03-20
    listed $69,000
29. 2009-07-06
    historical
30. 2009-07-06
    historical
31. 2009-06-23
    soldstatus $46,900
32. 2009-02-09
    historical
33. 2009-02-08
    listed $49,900
34. 2008-12-31
    historical
35. 2008-08-07
    listed $48,900
36. 2008-08-07
    listed $48,900
37. 2008-01-31
    listed $55,900
38. 2008-01-31
    listed $55,900
39. 1998-08-26
    soldstatus $16,900
40. 1991-09-24
    soldstatus $16,900

ⓘ 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: $2,411 · $201/mo
• Projected year-2 tax: $2,411 · $201/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 7/10 Severe
• 🌡 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 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,536
• − Mortgage interest: −$13,164
• − Property taxes: −$2,411
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,963
• − Management: −$1,963
• − Depreciation: −$6,836
• Taxable loss: −$2,976
• Est. tax savings @ 24.0%: +$714
• After-tax cash flow: $1,723/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 — Archer

• Score: 64/100
• State rank: #676
• US rank: #13964

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 7,340
• Population (ZIP): 7,340

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: Predominantly White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 10% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 5% Puerto Rican 2%
• Common ancestry: Serbian 4% Slovak 4% Lithuanian 3%
• Foreign-born: 7% · Canada
• Languages at home: 93% English-only · Spanish 5% Other Asian/Pacific 1%

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: ▲ 0.60%
• Current HPI: 321.3332
• 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

+1290.5% since first listed

24 events — show timeline

• 2026-04-21 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-27 Rental Removed $1,475 APPFOLIO
• 2023-10-14 Price Changed $1,475 APPFOLIO
• 2023-09-20 Price Changed $1,500 APPFOLIO
• 2023-09-07 Price Changed $1,600 APPFOLIO
• 2023-08-20 Price Changed $1,650 APPFOLIO
• 2023-07-21 Price Changed $1,700 APPFOLIO
• 2023-07-12 Listed for Rent $1,800 APPFOLIO
• 2012-12-02 Sold (MLS) — Stellar MLS as Distributed by MLS Grid
• 2012-09-04 Listed $75,100 Stellar MLS as Distributed by MLS Grid
• 2012-04-04 Sold (MLS) $71,200 Stellar MLS as Distributed by MLS Grid
• 2012-03-20 Listed $69,000 Stellar MLS as Distributed by MLS Grid
• 2009-07-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-07-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-06-23 Sold (MLS) $46,900 Stellar MLS as Distributed by MLS Grid
• 2009-02-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-02-08 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2008-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-08-07 Listed $48,900 Stellar MLS as Distributed by MLS Grid
• 2008-08-07 Listed $48,900 Stellar MLS as Distributed by MLS Grid
• 2008-01-31 Listed $55,900 Stellar MLS as Distributed by MLS Grid
• 2008-01-31 Listed $55,900 Stellar MLS as Distributed by MLS Grid
• 1998-08-26 Sold (Public Records) $16,900 Public Records
• 1991-09-24 Sold (Public Records) $16,900 Public Records

Property tax history

+2.7%/yr

Latest (2025): $2,411 · +3.7% YoY. Source: county tax records.