2219 NW 47th Cir · Ocala, FL 34482

$59,900

2 bd · 2.0 ba · 960 sqft · Manufactured · 99 Days on market

Built 1982 Good condition $879/mo HOA · 42% of rent

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Condition / age +4.0/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Gorgeous home now offered in the sought after Foxwood Farms community in Ocala. This incredible home has 2 bedrooms, 2 baths. The exterior is well-kept and freshly painted. The 11 x 30 carport with an 8 x 20 utility room with laundry and plenty of storage for all your storage needs. This home is + 960 sq. ft of living space. The Florida room has new carpet flooring with ceiling fan and shades. Foxwood Farms is a beautiful 55+ retirement mobile home community which offers its residents a ton of amenities. The amenities include a fully equipped fitness center, scenic picnic area, well-maintained shuffleboard courts, and two sparkling swimming pools. The low lot rent of $783 includes, water sewer trash and lawn. This pet-friendly located in the tranquil city of Ocala, FL

Key facts

• Picnic area
• Fitness center
• Shuffleboard courts

Tags

• CARPORT WITH UTILITY ROOM
• FLORIDA ROOM WITH CARPET
• FITNESS CENTER
• PICNIC AREA
• SHUFFLEBOARD COURTS
• SWIMMING POOLS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $60k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $191 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $60k).
• Recommended offer: $55k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 4.2% 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.
• Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $414 of loan paydown is wiped out by about $2k 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 + 8.0% rent growth), your $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 99 days — a 9% lower offer ($55k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $152/mo; HOA is 42% of rent.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,509 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 3.46% ✓
• Cap rate: 13.16%
• Cash-on-cash: 24.52%
• DSCR: 2.09
• GRM: 2.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 17.9%
• Equity multiple: 1.84×
• Total profit: $14,046
• Equity at exit: $8,931

10-year hold

• IRR: 33.2%
• Equity multiple: 5.79×
• Total profit: $80,374
• Equity at exit: $5,179

Cash invested: $16,772 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $2,070 high
• Mortgage (P&I): −$314
• Tax est. 1.5%: −$75 /mo · $898/yr
• Insurance: −$25
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$879
• Vacancy / Maint / Mgmt: −$435
• Net cashflow: $191

Break-even live

Break-even rent $1,829

Max offer price $59,900

Occupancy floor 86%

Sensitivity live

Price	-10% $232	-5% $211	+0% $191	+5% $170	+10% $149
Rent	-10% $27	-5% $109	+0% $191	+5% $272	+10% $354
Rate	-1.0pp $221	-0.5pp $206	base $191	+0.5pp $175	+1.0pp $159

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	22d	1	0.31mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	22d	1	0.32mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	22d	1	0.32mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	22d	1	0.38mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	22d	1	0.65mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	22d	1	0.70mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	14d	1	0.70mi

HOA detail

• Monthly dues: $879 · $10,548/yr
• Likely covers: watersewertrashpoolgym

Listing history 16 events

1. 2026-06-18
   days on market $59,900 Active 99 DOM
2. 2026-06-17
   days on market $59,900 Active 98 DOM
3. 2026-06-16
   days on market $59,900 Active 97 DOM
4. 2026-06-15
   days on market $59,900 Active 96 DOM
5. 2026-06-14
   days on market $59,900 Active 94 DOM
6. 2026-06-13
   days on market $59,900 Active 93 DOM
7. 2026-06-10
   days on market $59,900 Active 91 DOM
8. 2026-06-09
   days on market $59,900 Active 90 DOM
9. 2026-06-08
   days on market $59,900 Active 89 DOM
10. 2026-06-07
    days on market $59,900 Active 88 DOM
11. 2026-06-03
    days on market $59,900 Active 84 DOM
12. 2026-06-02
    days on market $59,900 Active 83 DOM
13. 2026-06-01
    days on market $59,900 Active 82 DOM
14. 2026-05-31
    days on market $59,900 Active 81 DOM
15. 2026-05-30
    days on market $59,900 Active 80 DOM
16. 2025-07-01
    listed $59,900 Active 778-char remark

    Show marketing remark (778 chars)

    Gorgeous home now offered in the sought after Foxwood Farms community in Ocala. This incredible home has 2 bedrooms, 2 baths. The exterior is well-kept and freshly painted. The 11 x 30 carport with an 8 x 20 utility room with laundry and plenty of storage for all your storage needs. This home is + 960 sq. ft of living space. The Florida room has new carpet flooring with ceiling fan and shades. Foxwood Farms is a beautiful 55+ retirement mobile home community which offers its residents a ton of amenities. The amenities include a fully equipped fitness center, scenic picnic area, well-maintained shuffleboard courts, and two sparkling swimming pools. The low lot rent of $783 includes, water sewer trash and lawn. This pet-friendly located in the tranquil city of Ocala, FL

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AH · 78% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,846
• − Mortgage interest: −$3,355
• − Property taxes: −$898
• − Insurance: −$2,124
• − Repairs & maintenance: −$1,988
• − Management: −$1,988
• − HOA: −$10,548
• − Depreciation: −$1,743
• Taxable income: $2,202
• Est. tax owed @ 24.0%: −$529
• After-tax cash flow: $1,760/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 · 12 photos

Good 80/100 Cosmetic rehab

This well-maintained mobile home in Foxwood Farms offers a good condition with cosmetic updates to enhance its resale and rental value.

Value-add opportunities

• Both Paint exterior — Fresh paint enhances curb appeal and value
• Both Replace carpet in Florida room — New carpet improves comfort and aesthetics
• Both Upgrade kitchen appliances — Modern appliances increase appeal and functionality

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Fresh paint enhances curb appeal and value ↑
• Both Replace carpet in Florida room — New carpet improves comfort and aesthetics ↑
• Both Upgrade kitchen appliances — Modern appliances increase appeal and functionality ↑

ⓘ 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

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% Other Indo-European 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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• 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

1 event — show timeline

• 2025-07-01 Listed $59,900 Beaches MLS