9328 SE Maricamp Rd · Silver Springs Shores, FL 34472

$145,000

3 bd · 2.0 ba · 1,410 sqft · SingleFamily public records · 15 Days on market

Built 1978 0.27 ac lot $103/sqft · 26% below area Est $196k · 26% under

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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 +23.0/30.0
• ARV discount +15.0/15.0
• Appreciation +8.0/10.0
• DSCR +7.4/10.0
• 1% rule +6.5/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

COULD BE GREAT INVESTMENT HOME.

Key facts

• Cleaned out interior
• Fenced yard
• Huge backyard

Tags

• FENCED YARD
• FUNCTIONAL LAYOUT
• CLEANED OUT INTERIOR
• INSIDE LAUNDRY ROOM
• HUGE BACKYARD

Property features AI

Finance

• Other: Lot approximately 0.27 acres (85 x 140); Living area approximately 1,410 (public records); Total acreage listed between 1/4 and less than 1/2 acre; Directions: Maricamp East past blinking light, turn/right on Water Pl, immediately turn/right on service road; house on left
• HOA & community: No HOA association reported; Pets allowed: cats and dogs

Exterior

• Parking: Covered parking; Driveway; Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces west; Residential zoning (R1)
• Construction: Block construction; Shingle roof; Slab foundation; Built on one level
• Exterior features: Paved road access; Sliding doors

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: Three bedrooms
• Flooring: Concrete; Linoleum
• Bathrooms: Two full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Sliding doors; Concrete and linoleum floors; Nine total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $257 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $143k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.7% in Silver Springs Shores — 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 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: Emerald Shores Elementary School (math 30% / reading 34%, grade F, #1,797 of 2,144 statewide, top 86%, 666 students, 74% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
• Market conditions: Rents flat; 682 active listings in the ZIP; 35 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).

Forward outlook

• In year one you build about $10k of equity ($1k loan paydown + $9k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (5.9% appreciation + 0.2% rent growth), your $41k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $94k; list at $145k implies a 55% 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 $142,825 (1.5% below list)

Questions for the listing agent

1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
5. 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.
6. 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: 1.15% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.59%
• DSCR: 1.34
• GRM: 7.2

CMA / ARV

• ARV (median comp): $195,977
• List price: $145,000
• Delta: -26.01%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
457 Water Rd	0.20mi	3/2.0	1,436 (+2%)	1mo	$135,000	$94	87
517 Bahia Track Ct	0.30mi	2/2.0 (-1)	1,392 (-1%)	21mo	$150,000	$108	61
5 Water Pass	0.54mi	3/2.0	1,345 (-5%)	10mo	$239,900	$178	59
10 Bahia Way	0.45mi	3/2.0	1,388 (-2%)	23mo	$220,000	$159	58
3 Bahia Court Trce	0.54mi	3/2.0	1,506 (+7%)	14mo	$285,000	$189	52
13 Emerald Ct	0.64mi	3/2.0	1,427 (+1%)	22mo	$250,000	$175	50
806 Bahia Cir	0.38mi	3/2.0	1,270 (-10%)	23mo	$261,000	$206	47
9321 Pine Ln	0.21mi	3/1.0	1,217 (-14%)	22mo	$188,750	$155	45
13 Brook Pl	0.70mi	3/2.0	1,473 (+4%)	21mo	$285,000	$193	43
34 Bahia Court Trak	0.62mi	3/2.0	1,211 (-14%)	17mo	$154,979	$128	33

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: 20.0%
• Equity multiple: 2.31×
• Total profit: $53,085
• Equity at exit: $90,536

10-year hold

• IRR: 18.2%
• Equity multiple: 4.33×
• Total profit: $135,270
• Equity at exit: $163,652

Cash invested: $40,600 (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: 682
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,667 high
• Mortgage (P&I): −$760
• Tax from tax record: −$240 /mo · $2,874/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $257

Break-even live

Break-even rent $1,342

Max offer price $145,000

Occupancy floor 80%

Sensitivity live

Price	-10% $339	-5% $298	+0% $257	+5% $216	+10% $175
Rent	-10% $125	-5% $191	+0% $257	+5% $323	+10% $389
Rate	-1.0pp $330	-0.5pp $294	base $257	+0.5pp $219	+1.0pp $181

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9337 Bahia Rd Ocala, FL	3.0	2.0	1402	$1,765	$1.26	15d	1	0.03mi
478 Water Pl Ocala, FL	3.0	2.0	1228	$1,650	$1.34	22d	1	0.09mi
455 Water Rd Ocala, FL	3.0	2.0	1275	$1,450	$1.14	15d	1	0.21mi
446 Water Rd Ocala, FL	3.0	2.0	1248	$1,425	$1.14	22d	1	0.26mi
708 Bahia Cir Ocala, FL	3.0	2.0	1352	$1,500	$1.11	22d	1	0.41mi
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	15d	1	0.48mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	15d	1	0.56mi
619 Silver Pass Ocala, FL	3.0	2.0	1510	$1,495	$0.99	22d	1	0.58mi
60 Bahia Court Trak Ocala, FL	3.0	2.0	1413	$1,695	$1.20	22d	1	0.61mi
633 Silver Pass Unit B Ocala, FL	2.0	2.0	1072	$1,500	$1.40	22d	1	0.63mi
593 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,200	$1.16	22d	1	0.64mi
549 Fairways Dr Unit A Ocala, FL	2.0	2.0	1072	$1,200	$1.12	22d	1	0.70mi
561 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,250	$1.21	22d	1	0.71mi
9610 Bahia Rd Ocala, FL	4.0	2.0	1617	$1,895	$1.17	22d	1	0.73mi
553 Fairways Cir Unit B Ocala, FL	2.0	2.0	1304	$1,700	$1.30	15d	1	0.74mi
532 Bahia Cir Unit A Ocala, FL	2.0	1.5	1027	$1,300	$1.27	22d	1	0.74mi
13 Pine Radial Dr Ocala, FL	3.0	2.0	1453	$1,795	$1.24	22d	1	0.78mi
582 Fairways Cir Unit A Ocala, FL	2.0	2.0	1304	$1,500	$1.15	22d	1	0.79mi
520 Fairways Cir Unit A Ocala, FL	2.0	1.5	1027	$1,100	$1.07	22d	1	0.80mi
510 Fairways Cir Unit A Ocala, FL	2.0	2.0	1000	$1,299	$1.30	22d	1	0.82mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	22d	1	0.90mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	15d	1	0.90mi
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	22d	1	0.91mi
567 Midway Trak Unit H201 Ocala, FL	3.0	2.0	1029	$1,350	$1.31	15d	1	0.91mi
9649 Bahia Rd Ocala, FL	3.0	2.0	1282	$1,595	$1.24	22d	1	0.97mi
608 Midway Dr Unit A Ocala, FL	2.0	1.5	1054	$1,500	$1.42	15d	1	1.02mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	22d	1	1.14mi
8 Ash Pass Run Ocala, FL	3.0	2.0	1128	$1,650	$1.46	22d	1	1.25mi
43 Bahia Pass Ocala, FL	3.0	2.0	1188	$1,475	$1.24	22d	1	1.26mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	15d	1	1.32mi
2 Ash Dr Ocala, FL	3.0	2.0	1083	$1,750	$1.62	15d	1	1.36mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	22d	1	1.37mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	22d	1	1.39mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	22d	1	1.40mi
43 Water Track Loop Ocala, FL	3.0	2.0	1287	$1,799	$1.40	15d	1	1.46mi

Listing history 7 events

1. 2026-05-15
   price $145,000 577-char remark
2. 2026-05-09
   listed $155,000 Active 577-char remark
3. 2007-11-19
   historical
4. 2007-01-04
   listed $125,900
5. 2005-12-21
   soldstatus $93,500
6. 2005-12-16
   soldstatus $93,500

   Show marketing remark (31 chars)

   COULD BE GREAT INVESTMENT HOME.

7. 2005-11-10
   listed $93,500

   Show marketing remark (31 chars)

   COULD BE GREAT INVESTMENT HOME.

ⓘ 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: $2,874 · $240/mo
• Projected year-2 tax: $2,874 · $240/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 9/10 Extreme 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: $20,007
• − Mortgage interest: −$8,122
• − Property taxes: −$2,874
• − Insurance: −$725
• − Repairs & maintenance: −$1,601
• − Management: −$1,601
• − Depreciation: −$4,218
• Taxable income: $866
• Est. tax owed @ 24.0%: −$208
• After-tax cash flow: $2,874/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

+55.1% since first listed

8 events — show timeline

• 2026-05-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-15 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-09 Listed $155,000 Stellar MLS as Distributed by MLS Grid
• 2007-11-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-01-04 Listed $125,900 Stellar MLS as Distributed by MLS Grid
• 2005-12-21 Sold (Public Records) $93,500 Public Records
• 2005-12-16 Sold (MLS) $93,500 Stellar MLS as Distributed by MLS Grid
• 2005-11-10 Listed $93,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.3%/yr

Latest (2025): $2,874 · +9.4% YoY. Source: county tax records.