31 Oak Cir · Silver Springs Shores, FL 34472

$5,000

3 bd · 2.0 ba · 1,072 sqft · SingleFamily public records · 8 Days on market

Built 2018

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Why this score? — see what drove the C- 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 +15.0/30.0
• Appreciation +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

BEAUTIFUL BRAND NEW Custom home. Block with stucco 3 bedroom, 2 bath with attached 1 car garage. Beautiful cabinets accent a gorgeous kitchen. Appliances include Refrigerator, Range with hood and Dishwasher. Tile and Carpet floors. High Efficiency windows. We have other new homes being constructed in the area.

Key facts

• Garage
• Built 2018
• Listed 7 days

Property features AI

Finance

• Other: Directions: SE Maricamp Road, right onto Oak Rd, left onto Elm Rd, right at the 1st cross street onto Oak Circle; house on the left.

Exterior

• Parking: 1-car garage
• Home design: Residential property; 1 story
• Exterior features: Approximately 0.23-acre lot; Zoned R-1 (single-family residential)

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Single-story layout

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$202,608) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $5k).
• Cap rate 343.0% 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, schools 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.
• Market conditions: Rents flat; 674 active listings in the ZIP; 9 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 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 $332 of equity ($35 loan paydown + $297 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 $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 21y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 36.39% ✓
• Cap rate: 343.02%
• Cash-on-cash: 1202.61%
• DSCR: 54.51
• GRM: 0.2

CMA / ARV

• ARV (on-the-fly): $202,608
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
49 Oak Pass Loop	0.17mi	3/2.0	1,192 (+11%)	14mo	$195,000	$164	62
6 Emerald Trail Run	0.27mi	3/2.0	1,232 (+15%)	1mo	$218,000	$177	61
11 Elm Loop	0.09mi	3/2.0	1,232 (+15%)	17mo	$232,500	$189	57
73 Olive Cir	0.63mi	3/2.0	1,140 (+6%)	22mo	$220,000	$193	42
216 Oak Ln	0.35mi	3/2.0	1,232 (+15%)	21mo	$236,000	$192	41
6 Spruce Loop Way	0.46mi	3/2.0	1,232 (+15%)	20mo	$233,000	$189	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: —
• Equity multiple: 62.27×
• Total profit: $85,772
• Equity at exit: $3,122

10-year hold

• IRR: —
• Equity multiple: 124.77×
• Total profit: $173,280
• Equity at exit: $5,643

Cash invested: $1,400 (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: 0.2×

Monthly cashflow live

• Estimated rent: $1,820 high
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $1,403

Break-even live

Break-even rent $44

Max offer price $5,000

Occupancy floor 18%

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: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
226 Oak Cir Ocala, FL	3.0	2.0	1406	$1,675	$1.19	13d	1	0.43mi
106 Oak Cir Ocala, FL	3.0	2.0	1453	$1,795	$1.24	13d	1	0.47mi
5 Olive Dr Ocala, FL	3.0	2.0	1450	$1,800	$1.24	21d	1	0.53mi
21 Olive Cir Ocala, FL	3.0	2.0	1459	$1,800	$1.23	13d	1	0.66mi
2 Ash Dr Ocala, FL	3.0	2.0	1083	$1,750	$1.62	13d	1	0.73mi
8 Ash Pass Run Ocala, FL	3.0	2.0	1128	$1,650	$1.46	21d	1	0.78mi
325 Oak Track Ct Ocala, FL	3.0	2.0	1163	$1,550	$1.33	21d	1	1.25mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	21d	1	1.28mi
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	21d	1	1.49mi

Listing history 11 events

1. 2026-06-02
   days on market $5,000 Active 8 DOM
2. 2026-06-01
   days on market $5,000 Active 7 DOM
3. 2026-05-31
   days on market $5,000 Active 6 DOM
4. 2026-05-30
   days on market $5,000 Active 5 DOM
5. 2026-05-25
   listed $5,000 Active
6. 2018-02-28
   soldstatus $109,900
7. 2018-02-23
   soldstatus $109,900 311-char remark

   Show marketing remark (311 chars)

   BEAUTIFUL BRAND NEW Custom home. Block with stucco 3 bedroom, 2 bath with attached 1 car garage. Beautiful cabinets accent a gorgeous kitchen. Appliances include Refrigerator, Range with hood and Dishwasher. Tile and Carpet floors. High Efficiency windows. We have other new homes being constructed in the area.

8. 2017-09-06
   listed $109,900 311-char remark

   Show marketing remark (311 chars)

   BEAUTIFUL BRAND NEW Custom home. Block with stucco 3 bedroom, 2 bath with attached 1 car garage. Beautiful cabinets accent a gorgeous kitchen. Appliances include Refrigerator, Range with hood and Dishwasher. Tile and Carpet floors. High Efficiency windows. We have other new homes being constructed in the area.

9. 2005-06-22
   soldstatus $30,400 24-char remark

   Show marketing remark (24 chars)

   Bigger lot on cul de sac

10. 2005-05-06
    listed $29,900 24-char remark

    Show marketing remark (24 chars)

    Bigger lot on cul de sac

11. 2004-07-14
    soldstatus $9,726,000

ⓘ 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 ≥108°F today · 21 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: $21,837
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$1,747
• − Management: −$1,747
• − Depreciation: −$145
• Taxable income: $17,817
• Est. tax owed @ 24.0%: −$4,276
• After-tax cash flow: $12,560/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

-99.9% since first listed

7 events — show timeline

• 2026-05-25 Listed $5,000 NFMLS
• 2018-02-28 Sold (Public Records) $109,900 Public Records
• 2018-02-23 Sold (MLS) $109,900 Stellar MLS as Distributed by MLS Grid
• 2017-09-06 Listed $109,900 Stellar MLS as Distributed by MLS Grid
• 2005-06-22 Sold (MLS) $30,400 Stellar MLS as Distributed by MLS Grid
• 2005-05-06 Listed $29,900 Stellar MLS as Distributed by MLS Grid
• 2004-07-14 Sold (Public Records) $9,726,000 Public Records

Property tax history

+27.2%/yr

Latest (2025): $1,662 · +16.7% YoY. Source: county tax records.