10501 E Patience Ln · Inverness, FL 34450

$120,000

2 bd · 2.0 ba · 928 sqft · Manufactured public records · 120 Days on market

Built 2022 6,666 sqft lot Est $130k · 8% under

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Why this score? — see what drove the B 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 +29.3/30.0
• ARV discount +10.9/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you’ll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you’ll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

Key facts

• Tree lined views
• Storage shed
• Breakfast bar

Tags

• TREE LINED VIEWS
• BREAKFAST BAR
• ATTACHED LAUNDRY AREA
• EXTENDED SINGLE VANITY
• STORAGE SHED
• CHAIN LINK FENCED YARD

Property features AI

Finance

• Other: Property type: Residential (modular); Lot approximately 0.15 acre (0 to <1/4); Roads: Asphalt/paved, private maintained road; Number of wells: 1; Number of septics: 1; Lot features include paved surfaces and corner location; Universal property ID available
• HOA & community: No association; Pets allowed

Exterior

• Parking: Driveway
• Utilities: Well water; Septic tank; Broadband/high‑speed internet available; Cable available; Electricity available; Phone service available; Water available
• Home design: Residential modular home; Completed condition; Single-story; Faces south; Entry level: One
• Construction: Vinyl siding with frame construction; Other roof type; Other foundation
• Exterior features: Deck; Chain link fencing; Shed(s); Cleared, corner lot; Paved surfaces

Interior

• Kitchen: Eat-in kitchen (appliances not specified)
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating specified; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Living room / dining room combo; Solid wood cabinets; Vaulted ceilings
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry room inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $420 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 4.9% in Inverness — 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 67/100 on livability (#564 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: health & safety C-, amenities F, commute F.
• Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Inverness Primary School (math 54% / reading 55%, grade C, #892 of 2,144 statewide, top 44%, 683 students, 65% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: 208 active listings in the ZIP; 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 120 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts 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 $12k; list at $120k implies a 943% 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; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
8. 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.
9. 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.
10. 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: 1.30% ✓
• Cap rate: 10.50%
• Cash-on-cash: 15.02%
• DSCR: 1.67
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $129,920
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
736 S Eden Gardens Ave	0.17mi	2/1.5	880 (-5%)	19mo	$75,000	$85	66
10029 E Perch Ct	0.56mi	2/2.0	1,024 (+10%)	8mo	$155,900	$152	50
10342 & 10338 E Pike Dr	0.72mi	1/1.0 (-1)	880 (-5%)	8mo	$120,000	$136	43
9936 E Perch Ct	0.65mi	2/1.0	1,045 (+13%)	3mo	$146,000	$140	42

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 5.6%
• Equity multiple: 1.22×
• Total profit: $7,346
• Equity at exit: $17,892

10-year hold

• IRR: 15.0%
• Equity multiple: 2.22×
• Total profit: $40,928
• Equity at exit: $10,375

Cash invested: $33,600 (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 34450

• Home prices YoY: -18.7%
• Active inventory: 208
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,558 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$131 /mo · $1,576/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $420

Break-even live

Break-even rent $1,026

Max offer price $120,000

Occupancy floor 68%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Listing history 35 events

1. 2026-06-19
   days on market $120,000 Active 120 DOM
2. 2026-06-18
   days on market $120,000 Active 119 DOM
3. 2026-06-17
   days on market $120,000 Active 118 DOM
4. 2026-06-16
   days on market $120,000 Active 117 DOM
5. 2026-06-15
   days on market $120,000 Active 116 DOM
6. 2026-06-14
   days on market $120,000 Active 114 DOM
7. 2026-06-13
   days on market $120,000 Active 113 DOM
8. 2026-06-09
   days on market $120,000 Active 110 DOM
9. 2026-06-08
   days on market $120,000 Active 109 DOM
10. 2026-06-03
    days on market $120,000 Active 104 DOM
11. 2026-06-02
    days on market $120,000 Active 103 DOM
12. 2026-06-01
    days on market $120,000 Active 102 DOM
13. 2026-05-31
    days on market $120,000 Active 101 DOM
14. 2026-05-30
    days on market $120,000 Active 100 DOM
15. 2026-04-01
    price $120,000

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

16. 2026-04-01
    price $120,000 1814-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

17. 2026-04-01
    price $120,000 1802-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

18. 2026-03-06
    price $123,000 1814-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

19. 2026-03-06
    price $123,000 1802-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

20. 2026-03-06
    price $123,000

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

21. 2026-02-19
    listed $125,000 Active

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

22. 2026-02-19
    listed $125,000 Active 1814-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

23. 2026-02-19
    listed $125,000 Active 1802-char remark

    Show marketing remark (1802 chars)

    Situated on a . 15-acre lot with peaceful tree-lined views, this 2-bedroom, 2-bath single-wide mobile home offers comfortable living with thoughtful updates and an inviting open layout. A wooden ramp provides easy access to the front entrance, leading you into a bright open-concept living room, kitchen, and dining area enhanced by vaulted ceilings, durable luxury vinyl flooring throughout, and a wood-burning fireplace that adds warmth and character to the main living space. The kitchen features a large breakfast bar perfect for casual dining, a stainless steel stove, and a white refrigerator, all flowing seamlessly into the main living area for effortless everyday living and entertaining. The primary bedroom includes a window for natural light and a convenient attached laundry area, while the ensuite bathroom offers a single vanity and step-in shower. The second bedroom also features a window and easy access to the second bathroom, which includes an extended single vanity for additional counter space and a shower/tub combination with grab bars. At the rear of the home, exterior stairs lead down to the backyard where you'll find a storage shed for tools and equipment, all within a chain-link fenced yard that provides both openness and definition of space. With the roof and hot water heater approximately three years old, this property offers added peace of mind. Located in Inverness, you'll enjoy close proximity to Fort Cooper State Park for scenic trails and lakefront recreation, the waters of Lake Henderson for boating and fishing, and the charming downtown area of Inverness with its local shops and dining, along with access to the Withlacoochee State Trail, offering miles of paved paths for biking and walking, making everyday living here feel both peaceful and connected.

24. 2025-12-22
    historical
25. 2025-08-15
    status Active
26. 2025-08-13
    status Pending
27. 2025-07-02
    price $135,000
28. 2025-06-23
    price $139,000
29. 2025-05-30
    price $147,000
30. 2025-04-25
    price $149,000
31. 2025-04-13
    price $152,500
32. 2025-03-31
    listed $159,900 Active
33. 1997-05-01
    soldstatus $11,500
34. 1991-06-01
    soldstatus $31,000
35. 1979-09-01
    soldstatus $12,750

ⓘ 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: $1,576 · $131/mo
• Projected year-2 tax: $1,576 · $131/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,700
• − Mortgage interest: −$6,722
• − Property taxes: −$1,576
• − Insurance: −$600
• − Repairs & maintenance: −$1,496
• − Management: −$1,496
• − Depreciation: −$3,491
• Taxable income: $3,319
• Est. tax owed @ 24.0%: −$797
• After-tax cash flow: $4,249/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: Citrus
• NCES district ID: 1200270
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $38,618
• Composite: 41.28/100
• National rank: #3519
• State rank: #44 of 73 in FL

Livability — Inverness

• Score: 67/100
• State rank: #564
• US rank: #10791

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 10,621
• Population (ZIP): 10,408

Population outlook (Citrus County) Hauer SSP2

• Today (2025): 138,622 people
• By 2030: 136,886 · -1.3%
• By 2040: 132,009 · -4.8%
• By 2050: 125,196 · -9.7%
• By 2075: 108,570 · -21.7%
• By 2100: 84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 10% Hispanic / Latino 8% Asian 3% Black 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 2%
• Foreign-born: 8% · Canada
• Languages at home: 90% English-only · Spanish 4% Other Indo-European 3% Tagalog/Filipino 1%

Political lean MEDSL · Citrus

• 2024 margin: Solid R (+45.9) · D 26.8% · R 72.6%
• 2008→2024 swing: -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.56%
• Current HPI: 315.9725
• 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

+841.2% since first listed

21 events — show timeline

• 2026-04-01 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Price Changed $120,000 RACC
• 2026-04-01 Price Changed $120,000 HCAR
• 2026-03-06 Price Changed $123,000 RACC
• 2026-03-06 Price Changed $123,000 HCAR
• 2026-03-06 Price Changed $123,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Listed $125,000 HCAR
• 2026-02-19 Listed $125,000 RACC
• 2026-02-19 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-07-02 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-23 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-30 Price Changed $147,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-25 Price Changed $149,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-13 Price Changed $152,500 Stellar MLS as Distributed by MLS Grid
• 2025-03-31 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 1997-05-01 Sold (Public Records) $11,500 Public Records
• 1991-06-01 Sold (Public Records) $31,000 Public Records
• 1979-09-01 Sold (Public Records) $12,750 Public Records

Property tax history

+32.1%/yr

Latest (2025): $1,576 · +9.8% YoY. Source: county tax records.