15246 SW 43rd Terrace Rd · Marion Oaks, FL 34473

$194,000

2 bd · 2.0 ba · 1,289 sqft · SingleFamily public records · 41 Days on market

Built 1979 7,841 sqft lot $151/sqft · 22% below area Est $249k · 22% under $1/mo HOA

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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 +16.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• 1% rule +3.6/10.0
• Schools +3.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

"''This house has a lot of potential and it will be a great opportunity for any prospective buyers. It has 3 bedroom, 2 baths family room. The third room can also be used as an office. Also, it has nice screen porch overlooking a nice fenced private backyard. The interior of the house is freshly painted. Additionally, new vanities and toilets were installed in both bathrooms and crown moldings in the kitchen and all living areas. Furthermore, it has a separate well for irrigation to maintain your garden looking fabulous. Moreover, it is conveniently located, within walking distance to schools. Don't miss this opportunity! Bring all offers!''

Key facts

• Fenced in backyard
• Covered patio
• New hvac system

Tags

• COVERED PATIO
• FENCED IN BACKYARD
• NEW HVAC SYSTEM
• PARTIAL FLOORING REPLACEMENT

Property features AI

Finance

• Other: Lot access via asphalt road
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (The marion oaks civic association inc) — $10 annually (association approval required); Pets allowed (weight limit listed as 999)

Exterior

• Parking: Driveway; Attached 2-car garage
• Security: Owned security system
• Utilities: Public water; Public sewer; Electricity available; Water available
• Home design: Single family residence; One level; Faces east
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on a 0.18-acre lot
• Exterior features: Other exterior features; Other fencing

Interior

• Kitchen: Range
• Bedrooms: 2 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room/dining room combo; Electric water heater; Other appliance noted; Range
• Laundry & utility: No laundry room specified

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $194k.

Deal economics

• At list price, monthly cash flow is $99 ($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 $167k (14.0% below list).
• Recommended offer: $167k (14.0% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.8% in Marion Oaks — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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 soft (-0.7%/yr); 1355 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $6k 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 41 days — a 3% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $166,814 (14.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.86% ✗
• Cap rate: 6.90%
• Cash-on-cash: 2.18%
• DSCR: 1.10
• GRM: 9.7

CMA / ARV

• ARV (median comp): $248,524
• List price: $194,000
• Delta: -21.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4365 SW 151st St	0.26mi	3/2.0 (+1)	1,315 (+2%)	12mo	$269,900	$205	70
15298 SW 43rd Avenue Rd	0.22mi	3/2.0 (+1)	1,315 (+2%)	15mo	$256,400	$195	69
498 Marion Oaks Mnr	0.35mi	3/2.0 (+1)	1,296 (+0%)	15mo	$189,888	$147	66
15068 SW 43rd Ct	0.23mi	3/2.0 (+1)	1,246 (-3%)	16mo	$250,000	$201	65
173 Marion Oaks Ln	0.51mi	2/2.0	1,289 (0%)	15mo	$159,000	$123	64
15075 SW 39th Cir	0.49mi	2/2.0	1,289 (0%)	20mo	$178,000	$138	61
15011 SW 37th Ter	0.53mi	2/2.0	1,240 (-4%)	18mo	$210,000	$169	54
15290 SW 49th Ct	0.64mi	3/2.0 (+1)	1,315 (+2%)	21mo	$259,900	$198	44
15805 SW 37th Cir	0.66mi	3/2.0 (+1)	1,232 (-4%)	16mo	$235,000	$191	43
14870 SW 43rd Ct	0.40mi	3/2.0 (+1)	1,458 (+13%)	15mo	$303,500	$208	41
14556 SW 45th Cir	0.73mi	3/2.0 (+1)	1,378 (+7%)	14mo	$238,900	$173	38
223 Marion Oaks Ln	0.71mi	2/2.0	1,121 (-13%)	9mo	$130,000	$116	37

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: -16.0%
• Equity multiple: 0.45×
• Total profit: $-30,099
• Equity at exit: $28,926

10-year hold

• IRR: -13.5%
• Equity multiple: 0.31×
• Total profit: $-37,222
• Equity at exit: $16,774

Cash invested: $54,320 (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 34473

• Home prices YoY: -16.8%
• Rents YoY: -0.7%
• Active inventory: 1355
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,668 high
• Mortgage (P&I): −$1,017
• Tax from tax record: −$120 /mo · $1,441/yr
• Insurance: −$81
• HOA: −$1
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $99

Break-even live

Break-even rent $1,543

Max offer price $194,000

Occupancy floor 89%

Sensitivity live

Price	-10% $208	-5% $153	+0% $99	+5% $44	+10% $-11
Rent	-10% $-33	-5% $33	+0% $99	+5% $164	+10% $230
Rate	-1.0pp $196	-0.5pp $148	base $99	+0.5pp $48	+1.0pp $-3

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: $48,500
• Closing costs: $5,820
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15712 SW 37th Cir Ocala, FL	3.0	2.0	1822	$1,850	$1.02	22d	1	0.37mi
4605 SW 158th Street Rd Ocala, FL	3.0	2.0	1710	$1,695	$0.99	22d	1	0.54mi
15018 SW 48th Ave Ocala, FL	3.0	2.0	1413	$1,625	$1.15	14d	1	0.56mi
15209 SW 46th Cir Ocala, FL	3.0	2.0	1691	$1,650	$0.98	22d	1	0.61mi
3567 SW 151st St Ocala, FL	2.0	2.0	1126	$1,450	$1.29	22d	1	0.66mi
14856 SW 35th Cir Ocala, FL	2.0	2.0	1036	$1,450	$1.40	14d	1	0.72mi
14614 SW 46th Ct Ocala, FL	3.0	2.0	1200	$1,800	$1.50	22d	1	0.74mi
14525 SW 42nd Terrace Rd Ocala, FL	3.0	2.0	1344	$1,850	$1.38	14d	1	0.74mi
3500 SW 150th Lane Rd Ocala, FL	3.0	2.0	1789	$1,750	$0.98	14d	1	0.77mi
15760 SW 55th Avenue Rd Ocala, FL	3.0	2.0	1514	$2,000	$1.32	22d	1	0.78mi
15415 SW 34th Ave Ocala, FL	3.0	2.0	1650	$1,895	$1.15	22d	1	0.81mi
15729 SW 34th Court Rd Ocala, FL	2.0	2.0	984	$1,400	$1.42	14d	1	0.82mi
15739 SW 34th Court Rd Ocala, FL	2.0	2.0	984	$1,400	$1.42	14d	1	0.83mi
15885 SW 35th Court Rd Unit 1 Ocala, FL	3.0	2.0	1201	$1,550	$1.29	22d	1	0.83mi
15095 SW 51st Ter Ocala, FL	3.0	2.0	1196	$1,500	$1.25	14d	1	0.86mi
576 Marion Oaks Mnr Ocala, FL	3.0	2.0	1710	$1,845	$1.08	14d	1	0.87mi
3580 SW 158th Pl Ocala, FL	3.0	2.0	1011	$1,600	$1.58	14d	1	0.92mi
15831 SW 34th Court Rd Ocala, FL	3.0	2.0	1402	$1,715	$1.22	14d	1	0.94mi
4309 SW 143rd Lane Rd Ocala, FL	3.0	2.0	1238	$1,799	$1.45	14d	1	0.95mi
14430 SW 34th Terrace Rd Ocala, FL	2.0	2.0	1025	$1,350	$1.32	14d	1	0.96mi
15755 SW 33rd Avenue Rd Unit 1 Ocala, FL	3.0	2.0	1107	$1,300	$1.17	22d	1	1.00mi
15861 SW 33rd Avenue Rd Ocala, FL	2.0	2.0	984	$1,425	$1.45	14d	1	1.02mi
3313 SW 147th St Ocala, FL	2.0	2.0	1121	$1,400	$1.25	22d	1	1.03mi
15944 SW 53rd Ct Ocala, FL	3.0	2.0	1321	$1,850	$1.40	22d	1	1.07mi
16111 SW 35th Court Rd Unit 2 Ocala, FL	2.0	2.0	900	$1,395	$1.55	14d	1	1.09mi
15962 SW 53rd Ct Ocala, FL	3.0	2.0	1380	$1,800	$1.30	14d	1	1.13mi
14193 SW 44th Ct Ocala, FL	3.0	2.0	1449	$1,599	$1.10	14d	1	1.13mi
5541 SW 153rd Street Rd Ocala, FL	3.0	2.0	1357	$1,700	$1.25	14d	1	1.14mi
16170 SW 33rd Avenue Rd Ocala, FL	3.0	2.0	1200	$1,550	$1.29	14d	1	1.19mi
15434 SW 29th Terrace Rd Ocala, FL	3.0	2.0	1399	$1,780	$1.27	14d	1	1.25mi
357 Marion Oaks Blvd Unit 2 Ocala, FL	3.0	2.0	1201	$1,695	$1.41	14d	1	1.28mi
3540 SW 163rd Place Rd Unit 2 Ocala, FL	3.0	2.0	1214	$1,600	$1.32	22d	1	1.33mi
251 Marion Oaks Crse Ocala, FL	3.0	2.0	1373	$1,795	$1.31	22d	1	1.35mi
4004 SW 138th Pl Ocala, FL	3.0	2.0	1348	$1,695	$1.26	22d	1	1.43mi
16015 SW 29th Court Rd Unit 2 Ocala, FL	3.0	2.0	1321	$1,450	$1.10	22d	1	1.44mi
2663 SW 152nd Ln Ocala, FL	3.0	2.0	1212	$1,600	$1.32	14d	1	1.45mi
16292 SW 30th Ter Ocala, FL	3.0	2.0	1482	$1,650	$1.11	22d	1	1.46mi
16262 SW 29th Court Rd Ocala, FL	2.0	2.0	1117	$1,325	$1.19	22d	1	1.49mi

HOA detail

• Monthly dues: $1 · $12/yr

Listing history 23 events

1. 2026-06-18
   days on market $194,000 Active 41 DOM
2. 2026-06-17
   days on market $194,000 Active 40 DOM
3. 2026-06-16
   days on market $194,000 Active 39 DOM
4. 2026-06-15
   days on market $194,000 Active 38 DOM
5. 2026-06-14
   days on market $194,000 Active 36 DOM
6. 2026-06-13
   days on market $194,000 Active 35 DOM
7. 2026-06-10
   days on market $194,000 Active 33 DOM
8. 2026-06-09
   days on market $194,000 Active 32 DOM
9. 2026-06-08
   days on market $194,000 Active 31 DOM
10. 2026-06-07
    pricedays on market $194,000 Active 30 DOM
11. 2026-06-03
    days on market $199,000 Active 26 DOM
12. 2026-06-02
    days on market $199,000 Active 25 DOM
13. 2026-06-01
    days on market $199,000 Active 24 DOM
14. 2026-05-31
    days on market $199,000 Active 23 DOM
15. 2026-05-30
    days on market $199,000 Active 22 DOM
16. 2026-05-08
    listed $199,000 Active 475-char remark
17. 2026-04-20
    soldstatus $188,000
18. 2018-04-16
    soldstatus $95,000 654-char remark

    Show marketing remark (654 chars)

    "''This house has a lot of potential and it will be a great opportunity for any prospective buyers. It has 3 bedroom, 2 baths family room. The third room can also be used as an office. Also, it has nice screen porch overlooking a nice fenced private backyard. The interior of the house is freshly painted. Additionally, new vanities and toilets were installed in both bathrooms and crown moldings in the kitchen and all living areas. Furthermore, it has a separate well for irrigation to maintain your garden looking fabulous. Moreover, it is conveniently located, within walking distance to schools. Don't miss this opportunity! Bring all offers!''

19. 2017-09-14
    listed $92,900 654-char remark

    Show marketing remark (654 chars)

    "''This house has a lot of potential and it will be a great opportunity for any prospective buyers. It has 3 bedroom, 2 baths family room. The third room can also be used as an office. Also, it has nice screen porch overlooking a nice fenced private backyard. The interior of the house is freshly painted. Additionally, new vanities and toilets were installed in both bathrooms and crown moldings in the kitchen and all living areas. Furthermore, it has a separate well for irrigation to maintain your garden looking fabulous. Moreover, it is conveniently located, within walking distance to schools. Don't miss this opportunity! Bring all offers!''

20. 2012-11-21
    historical
21. 2012-09-05
    listed $35,900
22. 2001-11-21
    soldstatus $45,000
23. 1979-11-01
    soldstatus $43,900

ⓘ 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: $1,441 · $120/mo
• Projected year-2 tax: $1,610 · $134/mo
• Expected delta: +$169/yr (+$14/mo · 11.7%)

ⓘ 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 9/10 Extreme 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 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,018
• − Mortgage interest: −$10,867
• − Property taxes: −$1,441
• − Insurance: −$970
• − Repairs & maintenance: −$1,601
• − Management: −$1,601
• − HOA: −$12
• − Depreciation: −$5,644
• Taxable loss: −$2,119
• Est. tax savings @ 24.0%: +$509
• After-tax cash flow: $1,691/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 — Marion Oaks

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Marion Oaks, FL
• County: Marion County · 315,796 people
• City population: 25,030
• Metro: Ocala, FL
• Population (ZIP): 26,813
• Household income: $72,366
• Rent vs Own: 21.5% rent · 78.5% own
• Severe rent burden: 228.0

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 0.69)
• Race & ethnicity: White 34% Black 33% Hispanic / Latino 29% Two or more races 19% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 17% Cuban 3%
• Common ancestry: Hispanic 3% Portuguese 2% Romanian 1%
• Foreign-born: 17% · Canada, Jamaica
• Languages at home: 67% English-only · Spanish 27% French/Haitian/Cajun 4% Other Indo-European 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: ▼ -45.25%
• Current HPI: 224.3536
• Rent YoY: ▼ -0.67%
• 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

+341.9% since first listed

9 events — show timeline

• 2026-06-04 Price Changed $194,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-20 Sold (Public Records) $188,000 Public Records
• 2018-04-16 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2017-09-14 Listed $92,900 Stellar MLS as Distributed by MLS Grid
• 2012-11-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-09-05 Listed $35,900 Stellar MLS as Distributed by MLS Grid
• 2001-11-21 Sold (Public Records) $45,000 Public Records
• 1979-11-01 Sold (Public Records) $43,900 Public Records

Property tax history

+2.8%/yr

Latest (2025): $1,441 · +19.6% YoY. Source: county tax records.