5788 NW 57th Ct · Ocala, FL 34482

$240,000

3 bd · 2.0 ba · 1,173 sqft · SingleFamily · 46 Days on market

Built 2026 Excellent condition 10,454 sqft lot Est $211k · 14% over

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Why this score? — see what drove the D- 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 +11.6/30.0
• Rent growth +5.0/5.0
• Condition / age +4.8/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.4/10.0
• DSCR +3.4/10.0
• ARV discount +1.3/15.0
• Appreciation +0.0/10.0

Listing remarks

Home completed and ready in under 10 days. Brand New Construction | Prime Ocala Park Estates | No HOA Open concept layout is anchored by a well composed kitchen featuring modern cabinetry, quartz countertops, stainless steel appliances, and a generous island with seating. Luxury vinyl plank flooring and a calm neutral palette create a seamless flow throughout. The primary bath delivers a spa caliber experience with full height shower tile, penny tile mosaic flooring for refined texture and secure footing, and a dual his and hers vanity finished in a modern style with designer lighting and refined hardware. The overall aesthetic is sophisticated, high contrast, and boutique hotel inspired.

Key facts

• Quartz countertops
• Stone detailing
• Open concept layout

Tags

• BRAND NEW CONSTRUCTION
• STONE DETAILING
• OPEN CONCEPT LAYOUT
• WELL COMPOSED KITCHEN
• WHITE SHAKER CABINETRY
• QUARTZ COUNTERTOPS

Property features AI

Finance

• Other: No lease restrictions indicated
• HOA & community: Pets allowed (cats and dogs)

Exterior

• Parking: Driveway; On-street parking; Ground-level open parking; Attached garage (1 space)
• Utilities: Private well water; Private sewer (septic tank); Broadband/high-speed internet available; Cable available; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; Attached property; One level; East-facing; Completed/new construction
• Construction: Block construction; Shingle roof; Slab foundation; Built by MODERN DAY DEVELOPMENT
• Exterior features: Front porch; Corner lot; Landscaped yard; Cleared lot; Paved surfaces; Trees/wooded landscaping

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Open floorplan; Stone counters; Thermostat; Double pane windows; Sliding doors
• Laundry & utility: Inside laundry room; Inside utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-73 ($-873/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (4.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (16.4% below list).
• Recommended offer: $201k (16.4% below list) — sets the bar for 1% rule.
• Cap rate 5.9% 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: Fessenden Elementary School (math 37% / reading 37%, grade F, #1,609 of 2,144 statewide, top 77%, 417 students, 79% FRL); North Marion Middle School (math 35% / reading 34%, grade F, #421 of 571 statewide, top 74%, 803 students, 72% FRL); North Marion High School (math 20% / reading 32%, grade F, #494 of 667 statewide, top 75%, 1,303 students, 66% FRL).
• Market conditions: Rents rising fast (+11.1%/yr); 670 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 37% 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 $2k of loan paydown is wiped out by about $7k 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 46 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts 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.

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 $200,738 (16.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.84% ✗
• Cap rate: 5.93%
• Cash-on-cash: -1.30%
• DSCR: 0.94
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $211,140
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5831 NW 58th Ter	0.05mi	3/2.0	1,144 (-2%)	13mo	$227,000	$198	83
5290 NW 61st Ln	0.51mi	3/2.0	1,118 (-5%)	2mo	$175,100	$157	66
5632 NW 57th St	0.17mi	3/2.0	1,331 (+14%)	8mo	$239,900	$180	63
5548 NW 63rd Pl	0.44mi	3/2.0	1,152 (-2%)	21mo	$190,000	$165	59
5931 NW 62nd Pl	0.38mi	3/2.0	1,014 (-14%)	1mo	$219,900	$217	59
6354 NW 61st Ln	0.60mi	3/2.0	1,232 (+5%)	10mo	$225,000	$183	55
5668 NW 57 St	0.14mi	3/2.0	1,331 (+14%)	20mo	$239,900	$180	54
5641 NW 55th Ave	0.30mi	3/2.0	1,008 (-14%)	10mo	$129,000	$128	54
5810 NW 59th Ave	0.12mi	3/1.5	1,008 (-14%)	19mo	$180,000	$179	53
5417 NW 63rd Pl	0.53mi	3/2.0	1,246 (+6%)	18mo	$225,000	$181	50
6422 NW 62nd Ave	0.71mi	3/2.0	1,232 (+5%)	10mo	$224,000	$182	50
6086 NW 53rd Street Rd	0.42mi	3/2.0	1,331 (+14%)	11mo	$239,900	$180	49

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.51×
• Total profit: $-32,885
• Equity at exit: $35,785

10-year hold

• IRR: 2.4%
• Equity multiple: 1.21×
• Total profit: $13,804
• Equity at exit: $20,751

Cash invested: $67,200 (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: 670
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,007 high
• Mortgage (P&I): −$1,259
• Tax est. 1.5%: −$300 /mo · $3,600/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $-73

Break-even live

Break-even rent $2,099

Max offer price $229,472

Occupancy floor 99%

Sensitivity live

Price	-10% $93	-5% $10	+0% $-73	+5% $-156	+10% $-239
Rent	-10% $-231	-5% $-152	+0% $-73	+5% $7	+10% $86
Rate	-1.0pp $48	-0.5pp $-12	base $-73	+0.5pp $-135	+1.0pp $-198

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5532 NW 57th Pl Ocala, FL	2.0	2.0	962	$1,295	$1.35	15d	1	0.21mi
6175 NW 59th Ave Ocala, FL	3.0	2.0	1384	$1,745	$1.26	23d	1	0.30mi
5391 NW 55th Ct Ocala, FL	3.0	2.0	1332	$1,650	$1.24	23d	1	0.34mi
5907 NW 64th St Ocala, FL	4.0	2.0	1313	$1,699	$1.29	23d	1	0.51mi
6425 NW 62nd Ter Ocala, FL	3.0	2.0	1349	$3,000	$2.22	23d	1	0.67mi
6440 NW 66th Ct Ocala, FL	3.0	2.0	992	$1,695	$1.71	15d	1	1.02mi

Listing history 8 events

1. 2026-05-15
   status Pending
2. 2026-05-07
   status Active
3. 2026-03-27
   status Pending
4. 2026-03-17
   status Active
5. 2026-03-13
   status Active
6. 2026-03-12
   status Active
7. 2026-03-03
   status Pending
8. 2026-02-03
   listed $240,000 Active

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,089
• − Mortgage interest: −$13,444
• − Property taxes: −$3,600
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,927
• − Management: −$1,927
• − Depreciation: −$6,982
• Taxable loss: −$4,991
• Est. tax savings @ 24.0%: +$1,198
• After-tax cash flow: $325/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 · 2 photos

Excellent 95/100 None rehab

This home is a brand new construction with excellent condition and a prime location. It is move-in ready with no visible repairs or maintenance needed.

Value-add opportunities

• Both Landscaping and curb appeal improvements — Enhances the home's aesthetic and appeal to potential buyers and renters.
• Both Interior lighting upgrades — Improves the home's ambiance and can be easily done with LED fixtures.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and curb appeal improvements — Enhances the home's aesthetic and appeal to potential buyers and renters. ↑
• Both Interior lighting upgrades — Improves the home's ambiance and can be easily done with LED fixtures. ↑

ⓘ 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

8 events — show timeline

• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Listed $240,000 Stellar MLS as Distributed by MLS Grid