Capri: Build On Your Lot Plan · Ocala, FL 34471

$214,000

3 bd · 2.0 ba · 1,559 sqft · SingleFamily · 478 Days on market

Excellent condition

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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 +21.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +5.6/10.0
• Condition / age +4.8/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Build On Your Lot: The Capri model offers 1559 sqft of well-designed living space with 3 bedrooms and 2 baths, perfect for those seeking comfort and efficiency. Its smart layout maximizes every square foot, creating a welcoming environment for relaxation and connection. Ideal for Central Florida living, the Capri brings together affordability, quality, and timeless design. Note: The price reflects the price of the home itself and does not include the property. You are responsible for providing the property on which these plans will be built. If you don't own a Lot, our team will guide you in finding the ideal location and match it with a home design that reflects your style and preferences.

Key facts

• Parking
• Listed 478 days

🏗️ New construction. The $214,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $195,299.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $214k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $291 ($3k/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 $208k (2.9% below list).
• Recommended offer: $188k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.1% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• 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.
• Zoned schools: Saddlewood Elementary School (math 62% / reading 54%, grade C+, #751 of 2,144 statewide, top 36%, 917 students, 58% FRL); Liberty Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,365 students, 54% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL).
• Market conditions: Rents soft (-0.6%/yr); 318 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 38% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 478 days — a 12% lower offer ($188k) is reasonable based on typical stale-listing flexibility.

Recommended offer $188,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 478 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.06% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.39%
• DSCR: 1.28
• GRM: 7.8

CMA / ARV

• ARV (median comp): $195,299
• List price: $214,000
• Delta: 9.58%
• Verdict: FAIR
• Comps: 17 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1708 SW 6th St	0.70mi	3/2.0	1,400 (-10%)	2mo	$233,000	$166	48

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: -9.9%
• Equity multiple: 0.65×
• Total profit: $-19,145
• Equity at exit: $29,120

10-year hold

• IRR: -5.2%
• Equity multiple: 0.70×
• Total profit: $-16,174
• Equity at exit: $16,886

Cash invested: $54,684 (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 34471

• Rents YoY: -0.6%
• Active inventory: 318
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,077 high
• Mortgage (P&I): −$1,024
• Tax est. 1.5%: −$244 /mo · $2,929/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $291

Break-even live

Break-even rent $1,708

Max offer price $195,299

Occupancy floor 81%

Sensitivity live

Price	-10% $426	-5% $359	+0% $291	+5% $224	+10% $156
Rent	-10% $127	-5% $209	+0% $291	+5% $373	+10% $455
Rate	-1.0pp $390	-0.5pp $341	base $291	+0.5pp $241	+1.0pp $189

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: $48,825
• Closing costs: $5,859
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2656 SW 20th Cir Ocala, FL	3.0	2.0	1771	$2,000	$1.13	15d	1	0.67mi
1221 SE 5th St Ocala, FL	3.0	2.0	1900	$2,350	$1.24	15d	1	0.83mi
1421 SW 27th Ave Ocala, FL	2.0–4.0	1.0–2.0	1228	$1,489	$1.21	15d	19	0.90mi
1683 SW 3rd St Ocala, FL	4.0	2.0	1636	$2,200	$1.34	23d	1	0.92mi
510 SW 28th St Ocala, FL	3.0	2.0	1771	$2,250	$1.27	15d	1	0.96mi
3001 SW 24th Ave Ocala, FL	1.0–3.0	1.0–2.0	1040	$1,993	$1.92	15d	28	1.05mi
900 SE 3rd Ave Ocala, FL	2.0–3.0	2.0	1160	$2,325	$2.00	15d	4	1.20mi
714 NW 1st St Ocala, FL	3.0	2.0	1444	$2,200	$1.52	15d	1	1.21mi
3041 SW 20th St Unit 5 Ocala, FL	2.0	1.5	1055	$1,075	$1.02	23d	1	1.29mi
691 SE 19th St Ocala, FL	3.0	2.0	1424	$1,800	$1.26	23d	1	1.37mi
44 S Magnolia Ave Ocala, FL	2.0	2.0	1888	$2,850	$1.51	23d	1	1.37mi
302 SE Broadway St #460 Ocala, FL	2.0	2.0	1500	$3,000	$2.00	23d	1	1.49mi
346 NW 24th Ave Ocala, FL	3.0	2.0	1206	$1,500	$1.24	15d	1	1.50mi

Listing history 17 events

1. 2026-06-22
   days on market $214,000 Active 478 DOM
2. 2026-06-18
   days on market $214,000 Active 475 DOM
3. 2026-06-17
   days on market $214,000 Active 474 DOM
4. 2026-06-16
   days on market $214,000 Active 473 DOM
5. 2026-06-15
   days on market $214,000 Active 472 DOM
6. 2026-06-14
   days on market $214,000 Active 470 DOM
7. 2026-06-13
   days on market $214,000 Active 469 DOM
8. 2026-06-10
   days on market $214,000 Active 467 DOM
9. 2026-06-09
   days on market $214,000 Active 466 DOM
10. 2026-06-08
    days on market $214,000 Active 465 DOM
11. 2026-06-07
    days on market $214,000 Active 464 DOM
12. 2026-06-03
    days on market $214,000 Active 460 DOM
13. 2026-06-02
    days on market $214,000 Active 459 DOM
14. 2026-05-31
    days on market $214,000 Active 457 DOM
15. 2026-05-30
    days on market $214,000 Active 456 DOM
16. 2026-01-08
    price $214,000 699-char remark

    Show marketing remark (699 chars)

    Build On Your Lot: The Capri model offers 1559 sqft of well-designed living space with 3 bedrooms and 2 baths, perfect for those seeking comfort and efficiency. Its smart layout maximizes every square foot, creating a welcoming environment for relaxation and connection. Ideal for Central Florida living, the Capri brings together affordability, quality, and timeless design. Note: The price reflects the price of the home itself and does not include the property. You are responsible for providing the property on which these plans will be built. If you don't own a Lot, our team will guide you in finding the ideal location and match it with a home design that reflects your style and preferences.

17. 2025-03-01
    listed $179,000 Active 699-char remark

    Show marketing remark (699 chars)

    Build On Your Lot: The Capri model offers 1559 sqft of well-designed living space with 3 bedrooms and 2 baths, perfect for those seeking comfort and efficiency. Its smart layout maximizes every square foot, creating a welcoming environment for relaxation and connection. Ideal for Central Florida living, the Capri brings together affordability, quality, and timeless design. Note: The price reflects the price of the home itself and does not include the property. You are responsible for providing the property on which these plans will be built. If you don't own a Lot, our team will guide you in finding the ideal location and match it with a home design that reflects your style and preferences.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $24,927
• − Mortgage interest: −$10,940
• − Property taxes: −$2,929
• − Insurance: −$976
• − Repairs & maintenance: −$1,994
• − Management: −$1,994
• − Depreciation: −$5,681
• Taxable income: $412
• Est. tax owed @ 24.0%: −$99
• After-tax cash flow: $3,398/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.

Condition & rehab AI · 13 photos

Excellent 95/100 None rehab

This home is in excellent condition with no visible repairs needed. It offers a good investment opportunity with potential for minor updates to enhance its curb appeal and value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Resale Kitchen appliances — Modern appliances improve the home's appeal to potential buyers

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Resale Kitchen appliances — Modern appliances improve the home's appeal to potential buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ocala, FL
• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 28,342
• Household income: $65,789
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 1494.0

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: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 16% Two or more races 11% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 3% Dominican 1%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica, Dominican Republic
• Languages at home: 86% English-only · Spanish 11% Other Asian/Pacific 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: ▼ -176.55%
• Current HPI: 224.1709
• Rent YoY: ▼ -0.64%
• 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

+19.6% since first listed

2 events — show timeline

• 2026-01-08 Price Changed $214,000 Zillow
• 2025-03-01 Listed $179,000 Zillow