10035 SE 126th Ln · Ocklawaha, FL 34420

$159,900

2 bd · 2.0 ba · 1,492 sqft · Manufactured public records · 17 Days on market

Built 1987 0.25 ac lot

---

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 +28.4/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

LARGE 3 BEDROOM 2 BATH MOBILE IN LAKE WEIR HEIGHTS IN BELLEVIEW! BEAUTIFUL FRONT AND BACK YARD. HUGE LIVING ROOM. SEPARATE DINING ROOM AND EAT IN COZY KITCHEN. SPLIT BEDROOM PLAN. LARGE MASTER BEDROOM. DUAL SINKS AND GARDEN TUB IN MASTER BATH. SCREENED IN BACK PORCH. STORAGE SHED OFF OF CARPORT. THIS IS ONE HOUSE YOU WILL LOVE TO MAKE YOUR HOME! EQUAL HOUSING OPPORTUNITY.

Key facts

• Walk-in closets
• Split bedroom plan
• Water pipes replaced

Tags

• WALK-IN CLOSETS
• ENGINEERED WOOD FLOORING
• SPLIT BEDROOM PLAN
• WATER PIPES REPLACED
• WATER HEATER REPLACED
• ROOF REPLACED

Property features AI

Finance

• Other: Lot approximately 0.25 acre (89 x 120); Zoning: R4
• Financial info: No lease restrictions; Homestead exempt
• HOA & community: No HOA

Exterior

• Parking: No parking details provided
• Utilities: Public water; Septic tank; Cable connected; Phone available; Water connected
• Home design: Manufactured home (double wide); Single-story; South-facing
• Construction: Metal siding; Metal roof; Pillar/post/pier foundation; Completed condition
• Exterior features: Shed(s); Asphalt road frontage; Public maintained road

Interior

• Kitchen: Range; Microwave; Refrigerator; Eat-in kitchen
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Hardwood; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Heat pump; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Living/Dining room combo; Split bedroom layout; Vaulted ceilings; Walk-in closets; Aluminum frame windows
• Laundry & utility: Inside laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $518 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $158k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 5.1% in Ocklawaha — 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: 357 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y 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 $27k; list at $160k implies a 488% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $157,501 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.16% ✓
• Cap rate: 10.18%
• Cash-on-cash: 13.87%
• DSCR: 1.62
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 4.0%
• Equity multiple: 1.16×
• Total profit: $6,987
• Equity at exit: $23,842

10-year hold

• IRR: 13.5%
• Equity multiple: 2.08×
• Total profit: $48,260
• Equity at exit: $13,825

Cash invested: $44,772 (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 34420

• Home prices YoY: -32.8%
• Active inventory: 357
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,860 high
• Mortgage (P&I): −$839
• Tax from tax record: −$46 /mo · $556/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $518

Break-even live

Break-even rent $1,204

Max offer price $159,900

Occupancy floor 67%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12495 SE 100th Ave Belleview, FL	3.0	2.0	1568	$1,850	$1.18	14d	1	0.18mi
12257 SE 100th Ave Belleview, FL	3.0	2.0	1555	$1,650	$1.06	14d	1	0.43mi
9484 SE 124th Loop Summerfield, FL	2.0	2.0	1475	$1,949	$1.32	21d	1	0.58mi
9375 SE 134th St Summerfield, FL	2.0	2.0	1284	$2,300	$1.79	21d	1	0.90mi
13421 SE 92nd Court Rd Summerfield, FL	2.0	2.0	1374	$1,800	$1.31	21d	1	1.04mi

Listing history 20 events

1. 2026-06-18
   days on market $159,900 Active 17 DOM
2. 2026-06-17
   days on market $159,900 Active 16 DOM
3. 2026-06-16
   days on market $159,900 Active 15 DOM
4. 2026-06-15
   days on market $159,900 Active 14 DOM
5. 2026-06-14
   days on market $159,900 Active 12 DOM
6. 2026-06-13
   days on market $159,900 Active 11 DOM
7. 2026-06-10
   days on market $159,900 Active 9 DOM
8. 2026-06-09
   days on market $159,900 Active 8 DOM
9. 2026-06-08
   days on market $159,900 Active 7 DOM
10. 2026-06-07
    statusdays on market $159,900 Active 6 DOM
11. 2026-06-03
    status $159,900 Pending 4 DOM
12. 2026-06-02
    days on market $159,900 Active 4 DOM
13. 2026-06-01
    days on market $159,900 Active 3 DOM
14. 2026-05-31
    days on market $159,900 Active 2 DOM
15. 2026-05-29
    listed $159,900 Active
16. 2014-12-15
    soldstatus $27,200 374-char remark

    Show marketing remark (374 chars)

    LARGE 3 BEDROOM 2 BATH MOBILE IN LAKE WEIR HEIGHTS IN BELLEVIEW! BEAUTIFUL FRONT AND BACK YARD. HUGE LIVING ROOM. SEPARATE DINING ROOM AND EAT IN COZY KITCHEN. SPLIT BEDROOM PLAN. LARGE MASTER BEDROOM. DUAL SINKS AND GARDEN TUB IN MASTER BATH. SCREENED IN BACK PORCH. STORAGE SHED OFF OF CARPORT. THIS IS ONE HOUSE YOU WILL LOVE TO MAKE YOUR HOME! EQUAL HOUSING OPPORTUNITY.

17. 2014-06-23
    listed $27,000 374-char remark

    Show marketing remark (374 chars)

    LARGE 3 BEDROOM 2 BATH MOBILE IN LAKE WEIR HEIGHTS IN BELLEVIEW! BEAUTIFUL FRONT AND BACK YARD. HUGE LIVING ROOM. SEPARATE DINING ROOM AND EAT IN COZY KITCHEN. SPLIT BEDROOM PLAN. LARGE MASTER BEDROOM. DUAL SINKS AND GARDEN TUB IN MASTER BATH. SCREENED IN BACK PORCH. STORAGE SHED OFF OF CARPORT. THIS IS ONE HOUSE YOU WILL LOVE TO MAKE YOUR HOME! EQUAL HOUSING OPPORTUNITY.

18. 2005-10-10
    soldstatus $78,000
19. 2005-06-09
    historical
20. 2005-06-08
    listed $78,000

ⓘ 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: $556 · $46/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$771/yr (+$64/mo · 138.8%)

ⓘ 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 ≥109°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,314
• − Mortgage interest: −$8,957
• − Property taxes: −$556
• − Insurance: −$800
• − Repairs & maintenance: −$1,785
• − Management: −$1,785
• − Depreciation: −$4,652
• Taxable income: $3,780
• Est. tax owed @ 24.0%: −$907
• After-tax cash flow: $5,303/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 — Ocklawaha

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

Census & demographics

• City population: 9,318
• Population (ZIP): 19,167

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 (81%)
• Race & ethnicity: White 81% Hispanic / Latino 12% Two or more races 10% Black 1%
• Hispanic origin (detail): Puerto Rican 7% Cuban 2%
• Common ancestry: Lithuanian 4% Iranian 2% Romanian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 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: ▼ -120.90%
• Current HPI: 247.3176
• 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

+105.0% since first listed

6 events — show timeline

• 2026-05-29 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2014-12-15 Sold (MLS) $27,200 Stellar MLS as Distributed by MLS Grid
• 2014-06-23 Listed $27,000 Stellar MLS as Distributed by MLS Grid
• 2005-10-10 Sold (Public Records) $78,000 Public Records
• 2005-06-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-06-08 Listed $78,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-1.8%/yr

Latest (2025): $556 · +68.4% YoY. Source: county tax records.