6838 N Carl G Rose Hwy · Hernando, FL 34442

$104,000

1 bd · 1.0 ba · 672 sqft · Manufactured public records · 232 Days on market

Built 1969 0.46 ac lot Est $85k · 23% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +7.8/10.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

Key facts

• Front deck
• Generous yard
• Zoned gnc

Tags

• FRONT DECK
• GENEROUS YARD
• EASY ACCESS TO SR 200
• ZONED GNC

Property features AI

Exterior

• Utilities: Well water; Septic tank; Electricity connected
• Home design: Residential mobile home (single wide); One story; Faces south; Entry level: One
• Construction: Metal siding; Other roof
• Exterior features: Private mailbox; Paved road access

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Wall/window air conditioning unit(s)
• Interior features: Eat-in kitchen; Living room/dining room combo; Kitchen reverse osmosis system; Water softener
• Laundry & utility: Electric dryer hookup; Outside laundry area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $104k.

Deal economics

• At list price, monthly cash flow is $413 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $104k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 5.9% in Hernando — 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 71/100 on livability (#402 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• 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: Central Ridge Elementary School (math 41% / reading 44%, grade F, #1,383 of 2,144 statewide, top 65%, 723 students, 64% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL) — zoned schools at 59% FRL track the district average.
• Market conditions: 447 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 $719 of loan paydown is wiped out by about $3k 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 $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 232 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $23k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major 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 $91,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 232 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 1969 — 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. 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: 1.28% ✓
• Cap rate: 11.06%
• Cash-on-cash: 17.01%
• DSCR: 1.76
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $84,672
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3806 E Art Ln	0.35mi	2/1.0 (+1)	672 (0%)	6mo	$85,000	$126	74

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: 8.2%
• Equity multiple: 1.32×
• Total profit: $9,405
• Equity at exit: $15,507

10-year hold

• IRR: 17.5%
• Equity multiple: 2.44×
• Total profit: $41,918
• Equity at exit: $8,992

Cash invested: $29,120 (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 34442

• Home prices YoY: -21.9%
• Active inventory: 447
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,329 medium
• Mortgage (P&I): −$545
• Tax from tax record: −$49 /mo · $583/yr
• Insurance: −$43
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $413

Break-even live

Break-even rent $807

Max offer price $104,000

Occupancy floor 64%

Sensitivity live

Price	-10% $472	-5% $442	+0% $413	+5% $383	+10% $354
Rent	-10% $308	-5% $360	+0% $413	+5% $465	+10% $518
Rate	-1.0pp $465	-0.5pp $439	base $413	+0.5pp $386	+1.0pp $358

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: $26,000
• Closing costs: $3,120
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-03-30
   price $104,000 1166-char remark

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

2. 2026-03-30
   price $104,000

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

3. 2026-02-28
   price $109,000 1166-char remark

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

4. 2026-02-28
   price $109,000

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

5. 2025-11-11
   price $115,000 1166-char remark

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

6. 2025-11-11
   price $115,000

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

7. 2025-10-06
   listed $127,000 Active 1166-char remark

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

8. 2025-10-06
   listed $127,000 Active

   Show marketing remark (1166 chars)

   Zoned GNC! Property was a short term rental and ready to be a second home, investment property, or turned into a commercial business. Property has multiple uses and a must see! 2-bedroom, 1 bathroom trailer combines a touch of privacy while being conveniently located on a bustling road. Step on to the front deck, where you can relax and enjoy watching the world go by- a perfect spot for sipping your morning coffee or unwinding in the evening. The generous yard offers ample space for outdoor activities, gardening or simply enjoying the fresh air. Inside, the beauty of the home shines, featuring warm, inviting spaces that make it easy to envision your life here. Plus, the option to include furnishings makes moving in a breeze. Don't miss the opportunity to call this delightful property your own! Conveniently situated between Ocala, Dunnellon and Inverness this property offers easy access to SR 200 (N Carl G Rose Hwy), providing quick routes to shopping, dining, and recreational activities. Whether looking for a full-time house, a part time house or an investment, this cozy home is priced to move quickly! Property is zoned GNC (General Commercial).

9. 2006-05-19
   soldstatus $75,000
10. 2000-09-25
    soldstatus $24,500
11. 1983-03-01
    soldstatus $5,500

ⓘ 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: $583 · $49/mo
• Projected year-2 tax: $863 · $72/mo
• Expected delta: +$280/yr (+$23/mo · 48.1%)

ⓘ 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 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,950
• − Mortgage interest: −$5,826
• − Property taxes: −$583
• − Insurance: −$520
• − Repairs & maintenance: −$1,276
• − Management: −$1,276
• − Depreciation: −$3,025
• Taxable income: $3,444
• Est. tax owed @ 24.0%: −$827
• After-tax cash flow: $4,126/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 — Hernando

• Score: 71/100
• State rank: #402
• US rank: #7137

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hernando, FL
• County: Citrus County · 111,314 people
• City population: 17,281
• Metro: Homosassa Springs, FL
• Population (ZIP): 17,281
• Household income: $57,259
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 314.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 2%
• Common ancestry: Romanian 4% Slovak 4% Lithuanian 3%
• Foreign-born: 8% · Canada, China, South Korea
• Languages at home: 93% English-only · Spanish 3% German/W. Germanic 2% 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: ▼ -76.70%
• Current HPI: 273.3262
• Rent YoY: —
• Metro: Homosassa Springs, 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

+1790.9% since first listed

11 events — show timeline

• 2026-03-30 Price Changed $104,000 RACC
• 2026-03-30 Price Changed $104,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Price Changed $109,000 RACC
• 2026-02-28 Price Changed $109,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Price Changed $115,000 RACC
• 2025-11-11 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-06 Listed $127,000 RACC
• 2025-10-06 Listed $127,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-19 Sold (Public Records) $75,000 Public Records
• 2000-09-25 Sold (Public Records) $24,500 Public Records
• 1983-03-01 Sold (Public Records) $5,500 Public Records

Property tax history

-1.6%/yr

Latest (2017): $583 · -1.5% YoY. Source: county tax records.