5704 Pecan Rd · Silver Springs Shores, FL 34472

$235,000

3 bd · 2.0 ba · 1,564 sqft · SingleFamily public records · 49 Days on market

Built 2004 10,018 sqft lot $150/sqft · 15% below area Est $252k · 7% under

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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).

• ARV discount +10.5/15.0
• Cash flow +8.1/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0

Listing remarks MLS

PRICE REDUCTION! Well maintained home in great area of N SSS. It features 3/2, with formal dining area and breakfast nook, functional galley kitchen with custom tile back splash, open living area with split bedroom plan, MB has tray ceilings, large walk-in closet, back patio, fenced yard, water softener and much more.

Key facts

• Vinyl flooring
• Separate dining room
• Spacious kitchen

Tags

• CONCRETE BLOCK HOME
• LARGE CHAIN LINK FENCED YARD
• SPACIOUS KITCHEN
• SEPARATE DINING ROOM
• LARGE LIVING ROOM
• VINYL FLOORING

Property features AI

Finance

• Other: Property zoned R1; Residential, single family
• HOA & community: No HOA association indicated

Exterior

• Parking: Attached 2-car garage (22x19) with garage door opener; Driveway
• Utilities: Well water; Septic tank; Cable available and connected; Electricity available and connected; Water connected
• Home design: Single family residence; One story; Faces northwest
• Construction: Stucco construction; Shingle roof; Block foundation; Built on a 0.23-acre lot
• Exterior features: Sliding doors; Paved asphalt road access; Lot located in county

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Vinyl; Block foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Eat-in kitchen; Split bedroom layout; Programmable thermostat; Tray ceilings; Vaulted ceilings; Walk-in closets
• Laundry & utility: Inside laundry room with washer and electric dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-298 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (22.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (22.9% below list).
• Recommended offer: $181k (22.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, amenities 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: Greenway Elementary School (math 33% / reading 35%, grade F, #1,744 of 2,144 statewide, top 82%, 736 students, 67% FRL); Fort King Middle School (math 37% / reading 35%, grade F, #410 of 571 statewide, top 72%, 1,092 students, 71% FRL); Forest High School (math 36% / reading 54%, grade D-, #228 of 667 statewide, top 35%, 2,325 students, 42% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: Rents flat; 683 active listings in the ZIP; 14 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 34% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $16k of equity ($2k loan paydown + $14k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 23y 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 $106k; list at $235k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $181,260 (22.9% 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 49 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.77% ✗
• Cap rate: 5.11%
• Cash-on-cash: -4.22%
• DSCR: 0.81
• GRM: 10.8

CMA / ARV

• ARV (median comp): $251,763
• List price: $235,000
• Delta: -6.66%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4 Redwood Trace Ct	0.41mi	3/2.0	1,594 (+2%)	2mo	$255,000	$160	76
30 Hemlock Terrace Way	0.26mi	3/2.0	1,664 (+6%)	4mo	$225,000	$135	74
19 Hemlock Terrace Way	0.29mi	3/2.0	1,595 (+2%)	12mo	$203,000	$127	73
8 Pecan Run Ter	0.37mi	3/2.0	1,453 (-7%)	5mo	$264,900	$182	67
156 Pecan Dr	0.29mi	3/2.0	1,390 (-11%)	5mo	$250,000	$180	64
52 Pecan Dr	0.48mi	3/2.0	1,458 (-7%)	8mo	$255,000	$175	59
14 Redwood Track Pass	0.67mi	3/2.0	1,453 (-7%)	3mo	$275,000	$189	54
7 Almond Trail Ln	0.61mi	3/2.0	1,397 (-11%)	10mo	$254,500	$182	46
16 Pecan Run Crse	0.72mi	3/2.0	1,441 (-8%)	10mo	$263,000	$183	45
5425 Pecan Rd	0.53mi	3/2.0	1,357 (-13%)	11mo	$240,000	$177	44
7 Pecan Course Trce	0.58mi	3/2.0	1,330 (-15%)	7mo	$228,000	$171	42
28 Pecan Course Loop	0.68mi	3/2.0	1,332 (-15%)	9mo	$250,000	$188	36

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

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 9.8%
• Equity multiple: 1.65×
• Total profit: $43,025
• Equity at exit: $146,730

10-year hold

• IRR: 10.3%
• Equity multiple: 3.02×
• Total profit: $132,759
• Equity at exit: $265,228

Cash invested: $65,800 (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 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 683
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,813 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$333 /mo · $3,994/yr
• Insurance: −$98
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $-298

Break-even live

Break-even rent $2,189

Max offer price $182,420

Occupancy floor —

Sensitivity live

Price	-10% $-165	-5% $-231	+0% $-298	+5% $-364	+10% $-431
Rent	-10% $-441	-5% $-369	+0% $-298	+5% $-226	+10% $-154
Rate	-1.0pp $-179	-0.5pp $-238	base $-298	+0.5pp $-359	+1.0pp $-420

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5614 Pecan Rd Ocala, FL	3.0	2.0	1337	$1,595	$1.19	23d	1	0.15mi
19 Pecan Pass Ter Ocala, FL	3.0	2.0	1368	$1,750	$1.28	23d	1	0.31mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	23d	1	0.32mi
38 Pecan Run Pass Ocala, FL	4.0	2.5	2086	$2,100	$1.01	23d	1	0.36mi
36 Pecan Run Crse Ocala, FL	3.0	2.0	1188	$1,850	$1.56	15d	1	0.62mi
96 Redwood Rd Ocala, FL	3.0	2.0	1188	$1,650	$1.39	15d	1	0.68mi
45 Redwood Run Ocala, FL	3.0	2.0	1435	$1,695	$1.18	23d	1	0.74mi
106 Redwood Track Crse Ocala, FL	3.0	2.0	1412	$1,675	$1.19	15d	1	0.80mi
9 Banyan Course Run Ocala, FL	3.0	2.0	1345	$1,599	$1.19	23d	1	0.95mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	23d	1	0.99mi
9 Teak Way Dr Ocala, FL	3.0	2.0	1352	$1,800	$1.33	15d	1	1.05mi
6688 Cherry Rd Ocala, FL	3.0	2.0	1270	$1,950	$1.54	15d	1	1.15mi
113 Teak Rd Ocala, FL	3.0	3.0	2086	$2,150	$1.03	15d	1	1.23mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.39mi

Listing history 33 events

1. 2026-06-21
   days on market $235,000 Active 49 DOM
2. 2026-06-18
   days on market $235,000 Active 46 DOM
3. 2026-06-17
   days on market $235,000 Active 45 DOM
4. 2026-06-16
   days on market $235,000 Active 44 DOM
5. 2026-06-15
   days on market $235,000 Active 43 DOM
6. 2026-06-14
   days on market $235,000 Active 41 DOM
7. 2026-06-13
   days on market $235,000 Active 40 DOM
8. 2026-06-10
   days on market $235,000 Active 38 DOM
9. 2026-06-09
   days on market $235,000 Active 37 DOM
10. 2026-06-08
    days on market $235,000 Active 36 DOM
11. 2026-06-07
    days on market $235,000 Active 35 DOM
12. 2026-06-03
    days on market $235,000 Active 31 DOM
13. 2026-06-02
    days on market $235,000 Active 30 DOM
14. 2026-06-01
    days on market $235,000 Active 29 DOM
15. 2026-05-31
    days on market $235,000 Active 28 DOM
16. 2026-05-30
    days on market $235,000 Active 27 DOM
17. 2026-05-03
    listed $235,000 Active 695-char remark
18. 2024-04-04
    historical $1,600
19. 2024-02-24
    price $1,600
20. 2024-01-05
    listed $1,800
21. 2015-04-15
    soldstatus $106,000
22. 2015-04-10
    soldstatus $106,000 319-char remark

    Show marketing remark (319 chars)

    PRICE REDUCTION! Well maintained home in great area of N SSS. It features 3/2, with formal dining area and breakfast nook, functional galley kitchen with custom tile back splash, open living area with split bedroom plan, MB has tray ceilings, large walk-in closet, back patio, fenced yard, water softener and much more.

23. 2015-02-02
    listed $112,500 319-char remark

    Show marketing remark (319 chars)

    PRICE REDUCTION! Well maintained home in great area of N SSS. It features 3/2, with formal dining area and breakfast nook, functional galley kitchen with custom tile back splash, open living area with split bedroom plan, MB has tray ceilings, large walk-in closet, back patio, fenced yard, water softener and much more.

24. 2010-10-22
    soldstatus $72,000

    Show marketing remark (196 chars)

    GREAT DEAL ON A 3 BED/2 BATH IN AREA OF NICE HOMES. THIS HOME IS LANDSCAPED, CONCRETE BLOCK CONSTRUCTION AND FEATURES AN INSIDE LAUNDRY, 2 CAR GARAGE, EAT-IN BREAKFAST NOOK AND SPLIT BEDROOM PLAN.

25. 2010-06-25
    listed $80,000

    Show marketing remark (196 chars)

    GREAT DEAL ON A 3 BED/2 BATH IN AREA OF NICE HOMES. THIS HOME IS LANDSCAPED, CONCRETE BLOCK CONSTRUCTION AND FEATURES AN INSIDE LAUNDRY, 2 CAR GARAGE, EAT-IN BREAKFAST NOOK AND SPLIT BEDROOM PLAN.

26. 2007-11-22
    historical
27. 2007-05-22
    listed $174,900
28. 2007-03-20
    historical
29. 2006-09-20
    listed $184,900
30. 2004-03-12
    soldstatus $100,000
31. 2004-03-08
    soldstatus $100,000
32. 2003-10-30
    listed $98,900
33. 2003-05-21
    soldstatus $14,000

ⓘ 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: $3,994 · $333/mo
• Projected year-2 tax: $3,994 · $333/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 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,751
• − Mortgage interest: −$13,164
• − Property taxes: −$3,994
• − Insurance: −$1,972
• − Repairs & maintenance: −$1,740
• − Management: −$1,740
• − Depreciation: −$6,836
• Taxable loss: −$7,696
• Est. tax savings @ 24.0%: +$1,847
• After-tax cash flow: $-1,725/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: 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 — Silver Springs Shores

• Score: 68/100
• State rank: #527
• US rank: #9854

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Silver Springs Shores, FL
• County: Marion County · 315,796 people
• City population: 34,665
• Metro: Ocala, FL
• Population (ZIP): 35,851
• Household income: $64,208
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 655.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 50% Hispanic / Latino 25% Black 21% Two or more races 18% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 14% Cuban 3%
• Common ancestry: Romanian 2% Iranian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 19% 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: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• 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

+1578.6% since first listed

17 events — show timeline

• 2026-05-03 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-04 Rental Removed $1,600 STELLARMLS
• 2024-02-24 Price Changed $1,600 STELLARMLS
• 2024-01-05 Listed for Rent $1,800 STELLARMLS
• 2015-04-15 Sold (Public Records) $106,000 Public Records
• 2015-04-10 Sold (MLS) $106,000 Stellar MLS as Distributed by MLS Grid
• 2015-02-02 Listed $112,500 Stellar MLS as Distributed by MLS Grid
• 2010-10-22 Sold (MLS) $72,000 Stellar MLS as Distributed by MLS Grid
• 2010-06-25 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 2007-11-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-05-22 Listed $174,900 Stellar MLS as Distributed by MLS Grid
• 2007-03-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-09-20 Listed $184,900 Stellar MLS as Distributed by MLS Grid
• 2004-03-12 Sold (Public Records) $100,000 Public Records
• 2004-03-08 Sold (MLS) $100,000 Stellar MLS as Distributed by MLS Grid
• 2003-10-30 Listed $98,900 Stellar MLS as Distributed by MLS Grid
• 2003-05-21 Sold (Public Records) $14,000 Public Records

Property tax history

+13.6%/yr

Latest (2025): $3,994 · +13.0% YoY. Source: county tax records.