5921 Pecan Rd · Silver Springs Shores, FL 34472

$239,000

3 bd · 2.0 ba · 1,401 sqft · SingleFamily public records · 17 Days on market

Built 1998 0.26 ac lot Est $245k · at est.

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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 +8.6/15.0
• Cash flow +8.2/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0

Listing remarks

Welcome to this Beautiful Gem of a home . When you walk inside you will be greeted by the Lovely living room with Cathedral Ceilings which gives it a larger layout and sunlight with Dining Area and Extra Room which can be used as Main Dining or Sun Room etc. Followed by Master Bedroom with Stand Up Shower and 2 Spacious Size Bedrooms with Ample Closet Spaces and Full Bathroom. Also Features Screened in Lanai to Enjoy your Morning Coffee and not too mention lovely yard lot size. Freshly Painted Exterior. Ample Driveway size with Extra Area Space for many more Vehicles. Roof was done New in 2020 . Enclosed Chain link Fence. Home has lots to enjoy with great layout. And very ideal location Clo

Key facts

• Large driveway
• Screened lanai
• Walk-in closets

Tags

• CORNER LOT
• SCREENED LANAI
• FULLY FENCED BACKYARD
• WALK-IN CLOSETS
• FLEX ROOM
• LARGE DRIVEWAY

Property features AI

Finance

• Other: Property is residential, R1 zoning; Lot roughly 0.26 acres (about 1/4 to less than 1/2 acre)
• HOA & community: Not in a development; Pets allowed

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Well water; Septic tank; Electricity connected; Water available
• Home design: Single family residence; One level; Property faces southeast
• Construction: Brick construction; Shingle roof; Slab foundation
• Exterior features: Other exterior features; Paved road access; Street lights in the community

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Thermostat
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-227 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $199k (16.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (25.4% below list).
• Recommended offer: $178k (25.4% 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); Forest High School (math 36% / reading 54%, grade D-, #228 of 667 statewide, top 35%, 2,325 students, 42% FRL).
• Market conditions: Rents flat; 674 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 33% 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 17 days — a 2% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 19y 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 $82k; list at $239k implies a 191% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $178,405 (25.4% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.75% ✗
• Cap rate: 5.15%
• Cash-on-cash: -4.07%
• DSCR: 0.82
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $245,175
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
28 Pecan Course Loop	0.15mi	3/2.0	1,332 (-5%)	9mo	$250,000	$188	77
7 Pecan Course Trce	0.25mi	3/2.0	1,330 (-5%)	7mo	$228,000	$171	74
156 Pecan Dr	0.55mi	3/2.0	1,390 (-1%)	5mo	$250,000	$180	69
5545 SE 70th Ave	0.65mi	3/2.0	1,380 (-2%)	3mo	$244,800	$177	65
52 Pecan Dr	0.61mi	3/2.0	1,458 (+4%)	8mo	$255,000	$175	58
6940 Hemlock Rd	0.65mi	3/2.0	1,454 (+4%)	7mo	$287,000	$197	57
6 Pecan Run Pl	0.61mi	3/2.0	1,320 (-6%)	6mo	$220,000	$167	57
2 Pecan Pl	0.73mi	3/2.0	1,440 (+3%)	6mo	$270,000	$188	56
81 Pecan Dr	0.58mi	2/2.0 (-1)	1,278 (-9%)	1mo	$215,000	$168	52
19 Hemlock Terrace Way	0.38mi	3/2.0	1,595 (+14%)	11mo	$203,000	$127	50
6940 SE 52nd St	0.41mi	4/2.0 (+1)	1,602 (+14%)	3mo	$240,000	$150	49
4 Redwood Trace Ct	0.58mi	3/2.0	1,594 (+14%)	2mo	$255,000	$160	48

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: 10.9%
• Equity multiple: 1.73×
• Total profit: $48,653
• Equity at exit: $149,228

10-year hold

• IRR: 11.1%
• Equity multiple: 3.18×
• Total profit: $145,800
• Equity at exit: $269,743

Cash invested: $66,920 (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: 674
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,784 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$284 /mo · $3,405/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $-227

Break-even live

Break-even rent $2,072

Max offer price $198,858

Occupancy floor —

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	21d	1	0.40mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	21d	1	0.42mi
5614 Pecan Rd Ocala, FL	3.0	2.0	1337	$1,595	$1.19	21d	1	0.74mi
45 Redwood Run Ocala, FL	3.0	2.0	1435	$1,695	$1.18	21d	1	0.85mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	0.90mi
19 Pecan Pass Ter Ocala, FL	3.0	2.0	1368	$1,750	$1.28	21d	1	0.90mi
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	21d	1	1.05mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	21d	1	1.06mi
36 Pecan Run Crse Ocala, FL	3.0	2.0	1188	$1,850	$1.56	13d	1	1.14mi
96 Redwood Rd Ocala, FL	3.0	2.0	1188	$1,650	$1.39	13d	1	1.18mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	21d	1	1.21mi
106 Redwood Track Crse Ocala, FL	3.0	2.0	1412	$1,675	$1.19	13d	1	1.24mi
492 Hickory Course Loop Ocala, FL	4.0	2.0	1483	$1,750	$1.18	21d	1	1.26mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	21d	1	1.31mi
88 Dogwood Drive Loop Ocala, FL	3.0	2.0	1659	$1,600	$0.96	21d	1	1.31mi
149 Hickory Course Cir Ocala, FL	4.0	2.0	1827	$2,100	$1.15	13d	1	1.34mi
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	21d	1	1.37mi
136 Hickory Course Loop Ocala, FL	4.0	2.0	1828	$1,990	$1.09	13d	1	1.41mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	1.44mi
9 Banyan Course Run Ocala, FL	3.0	2.0	1345	$1,599	$1.19	21d	1	1.46mi

Listing history 13 events

1. 2026-06-18
   days on market $239,000 Active 17 DOM
2. 2026-06-17
   days on market $239,000 Active 16 DOM
3. 2026-06-16
   days on market $239,000 Active 15 DOM
4. 2026-06-15
   days on market $239,000 Active 14 DOM
5. 2026-06-14
   days on market $239,000 Active 12 DOM
6. 2026-06-13
   days on market $239,000 Active 11 DOM
7. 2026-06-10
   days on market $239,000 Active 9 DOM
8. 2026-06-09
   days on market $239,000 Active 8 DOM
9. 2026-06-08
   days on market $239,000 Active 7 DOM
10. 2026-06-07
    days on market $239,000 Active 6 DOM
11. 2026-06-03
    days on market $239,000 Active 2 DOM
12. 2026-06-01
    remarks 699-char remark
13. 2026-06-01
    listed $239,000 Active 1 DOM

ⓘ 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: $3,405 · $284/mo
• Projected year-2 tax: $3,405 · $284/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 1/10 Low FEMA zone X (unshaded) · 0% 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,409
• − Mortgage interest: −$13,388
• − Property taxes: −$3,405
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,713
• − Management: −$1,713
• − Depreciation: −$6,953
• Taxable loss: −$6,957
• Est. tax savings @ 24.0%: +$1,670
• After-tax cash flow: $-1,057/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

+227.8% since first listed

5 events — show timeline

• 2026-06-01 Listed $239,000 Stellar MLS as Distributed by MLS Grid
• 2008-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-10-29 Listed $147,000 Stellar MLS as Distributed by MLS Grid
• 2003-05-19 Sold (Public Records) $82,000 Public Records
• 2000-03-02 Sold (Public Records) $72,900 Public Records

Property tax history

+13.9%/yr

Latest (2025): $3,405 · +14.4% YoY. Source: county tax records.