19896 SE 110th Ct · Inglis, FL 34449

$95,000

3 bd · 2.0 ba · 924 sqft · Manufactured public records · 210 Days on market

Built 1984 10,019 sqft lot Est $174k · 45% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Appreciation +7.0/10.0
• Schools +3.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

Key facts

• Utility shed
• Covered carport
• 30amp rv hook up

Tags

• COVERED CARPORT
• 30AMP RV HOOK UP
• UTILITY SHED
• PUBLIC BOAT RAMPS
• DIRECT ACCESS TO LAKE ROSSEAU
• DIRECT ACCESS TO RAINBOW RIVER

Property features AI

Exterior

• Parking: 2 parking spaces total; Detached carport; Driveway parking; Private paved parking area; RV and boat access/parking; Parking lot (unpaved areas noted)
• Utilities: Private well water; Septic tank
• Home design: Manufactured home; Single-story (one level)
• Construction: Membrane/rubber roof
• Exterior features: Cleared lot; Paved road access

Interior

• Kitchen: Electric cooktop
• Flooring: Linoleum flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Master bedroom on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $425 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 5.1% in Inglis — 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 61/100 on livability (#796 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools F, amenities F.
• Levy (rural): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 81 active listings in the ZIP; 199 units permitted in Levy County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($657 loan paydown + $4k appreciation (4.0% local appreciation)).
• Levy County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 210 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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 $70k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 210 days. Have you received any prior offers? Is the seller open to a 12% 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.44% ✓
• Cap rate: 11.66%
• Cash-on-cash: 19.18%
• DSCR: 1.85
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $173,712
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19849 SE 110th Ave	0.07mi	2/2.0 (-1)	864 (-6%)	2mo	$162,700	$188	79

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.03% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.6%
• Equity multiple: 2.65×
• Total profit: $43,822
• Equity at exit: $48,332

10-year hold

• IRR: 27.3%
• Equity multiple: 5.20×
• Total profit: $111,852
• Equity at exit: $79,183

Cash invested: $26,600 (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 34449

• Home prices YoY: 1.3%
• Active inventory: 81
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,368 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$117 /mo · $1,409/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $425

Break-even live

Break-even rent $829

Max offer price $95,000

Occupancy floor 64%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-18
   days on market $95,000 Active 210 DOM
2. 2026-06-17
   days on market $95,000 Active 209 DOM
3. 2026-06-16
   days on market $95,000 Active 208 DOM
4. 2026-06-15
   days on market $95,000 Active 207 DOM
5. 2026-06-14
   days on market $95,000 Active 205 DOM
6. 2026-06-13
   days on market $95,000 Active 204 DOM
7. 2026-06-10
   days on market $95,000 Active 202 DOM
8. 2026-06-09
   days on market $95,000 Active 201 DOM
9. 2026-06-08
   days on market $95,000 Active 200 DOM
10. 2026-06-07
    days on market $95,000 Active 199 DOM
11. 2026-06-05
    days on market $95,000 Active 196 DOM
12. 2026-06-03
    days on market $95,000 Active 195 DOM
13. 2026-06-02
    days on market $95,000 Active 194 DOM
14. 2026-06-01
    days on market $95,000 Active 193 DOM
15. 2026-05-31
    days on market $95,000 Active 192 DOM
16. 2026-05-30
    days on market $95,000 Active 191 DOM
17. 2025-11-20
    listed $95,000 Active
18. 2025-08-13
    price $95,000
19. 2025-01-14
    price $99,900
20. 2022-03-21
    soldstatus $70,000
21. 2022-03-16
    soldstatus $70,000 Closed 843-char remark

    Show marketing remark (843 chars)

    HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

22. 2022-02-25
    status Pending 843-char remark

    Show marketing remark (843 chars)

    HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

23. 2022-02-18
    status Active 843-char remark

    Show marketing remark (843 chars)

    HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

24. 2022-02-07
    status Pending 843-char remark

    Show marketing remark (843 chars)

    HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

25. 2022-02-03
    listed $65,000 Active 843-char remark

    Show marketing remark (843 chars)

    HANDYMAN SPECIAL! This Diamond in a Rough Property is located on a Double Lot (0.47 acres) in the Graceland Shores, Inglis, FL. Only Half a Block from the Lake Rousseau and the Emerald Cove RV Resort and Public Boat Launch. The property offers Great Extras: A LARGE DOUBLE CARPORT (30x20) perfect for boat storage as well and a TRIHAUL FISHING BOAT with a YAMAHA MOTOR will convey with the property. There is a 16 x 10 SHED WITH ELECTRICITY and a Extra Refrigerator in the shed that will convey. Newer metal roof. SPACIOUS SCREENED BACK PORCH for Your Family's enjoyment. ALL THE FURNITURE WILL CONVEY. The 2nd Lot is vacant cleared land perfect for gardening. The mobile home needs some TLC but offers a lot of potential. Sold AS IS with the right to inspect. Cash only. Short commute to Dunnellon and Crystal River. Only 35 minutes to Ocala.

ⓘ 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: $1,409 · $117/mo
• Projected year-2 tax: $1,409 · $117/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 25 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: $16,410
• − Mortgage interest: −$5,321
• − Property taxes: −$1,409
• − Insurance: −$475
• − Repairs & maintenance: −$1,313
• − Management: −$1,313
• − Depreciation: −$2,764
• Taxable income: $3,816
• Est. tax owed @ 24.0%: −$916
• After-tax cash flow: $4,186/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: Levy
• NCES district ID: 1201140
• Math proficiency: 45% ▼ -8.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,254
• Composite: 36.42/100
• National rank: #4673
• State rank: #54 of 73 in FL

Livability — Inglis

• Score: 61/100
• State rank: #796
• US rank: #18314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,508

Population outlook (Levy County) Hauer SSP2

• Today (2025): 36,536 people
• By 2030: 34,498 · -5.6%
• By 2040: 30,294 · -17.1%
• By 2050: 26,368 · -27.8%
• By 2075: 19,003 · -48.0%
• By 2100: 13,169 · -64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Slovak 2% Serbian 2%
• Foreign-born: 2% · Canada, Guatemala
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Levy

• 2024 margin: Solid R (+50.3) · D 24.6% · R 74.8%
• 2008→2024 swing: -23.3pp toward R · 2008: -26.9pp · 2024: -50.3pp
• All cycles: 2024: R+50.3 2020: R+45.6 2016: R+44.8 2012: R+32.2 2008: R+26.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.03%
• Current HPI: 319.0929
• 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

+46.2% since first listed

9 events — show timeline

• 2025-11-20 Listed $95,000 RACC
• 2025-08-13 Price Changed $95,000 RACC
• 2025-01-14 Price Changed $99,900 RACC
• 2022-03-21 Sold (Public Records) $70,000 Public Records
• 2022-03-16 Sold (MLS) $70,000 Stellar MLS as Distributed by MLS Grid
• 2022-02-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-02-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-03 Listed $65,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+11.1%/yr

Latest (2025): $1,409 · +18.7% YoY. Source: county tax records.