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408 Rhode Island Ave, Satsuma, FL 32189 — $184,900 · 3bd · ~1.1% rule | OnePercent

408 Rhode Island Ave, Satsuma, FL 32189

$184,900

Home·Satsuma 32189·408 Rhode Island Ave, Satsuma, FL 32189

Confirmed 1 day ago · −11.9% since list · seller motivation 55

408 Rhode Island Ave, Satsuma, FL 32189

3 bd · 2 ba · 1,292 sqft · built 1986 · Satsuma · MOBILE·source listing ↗

$184,900

$209,900 first listed

seller intel

Price cut

−11.9%

from $209,900

Motivation score

55/100

OnePercent model (vv1)$1,958/mo

p10–p90 confidence band

HUD Fair Market Rent · 32189 · 3BR$1,260/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Putnam

Flood risk indexRelatively High FEMA NRI

Median household income$42,920

Median area rent$682/mo

Median home value$152,500

the verdict

1.06%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$184,900

1.06% · rent $1,958

Intrinsic value · income approach

$248,191

26% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.