5647 NW 37th Lane Rd · Ocala, FL 34482

$279,900

2 bd · 2.0 ba · 1,454 sqft · SingleFamily public records · 146 Days on market

Built 2018 6,970 sqft lot $193/sqft · 21% below area Est $355k · 21% under $528/mo HOA · 22% of rent

---

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 +15.0/15.0
• Cash flow +5.8/30.0
• Rent growth +5.0/5.0
• 1% rule +3.6/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Exceptional value in Ocala Preserve! This upgraded Rome model by Shea Homes offers 1,454 sq. ft. with an open layout and split-bedroom design for added privacy. Features include 2 bedrooms, 2 bathrooms, PLUS a den/office perfect for guests or working from home. The kitchen is both stylish and functional with upgraded wood cabinets, crown molding, granite countertops, a large island, stainless-steel appliances, and a gas range. Enjoy tile flooring, cathedral ceilings, and ceiling fans throughout, including three on the screened lanai for easy indoor-outdoor living. Additional upgrades include a laundry room with utility sink, whole-house surge protection, termite bond, and more. Offered furnished and move-in ready, this home is ready for you to enjoy. Located in the 55+ section of gated Ocala Preserve, residents enjoy over 600 acres of natural beauty, walking and biking trails, lakes, parks, and top-tier amenities including golf, multiple pools, tennis, pickleball, bocce, fishing, kayaks, canoes, spa services, clubhouse events, and on-site dining at The Salted Brick. The HOA fee includes lawn and shrub maintenance PLUS your irrigation water, so you spend less time on the work and more time on the FUN, and with no CDD fees, you truly get MORE for your money. All this and you’re just minutes from the World Equestrian Center, HITS, and downtown Ocala.

Key facts

• Designer kitchen
• Granite countertops
• Gas range

Tags

• DESIGNER KITCHEN
• UPGRADED WOOD CABINETRY
• GRANITE COUNTERTOPS
• EXPANSIVE CENTER ISLAND
• STAINLESS STEEL APPLIANCES
• GAS RANGE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $-557 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (35.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $239k (14.5% below list).
• Recommended offer: $182k (35.1% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute 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 rising fast (+11.1%/yr); 663 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 44% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 146 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y 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 $204k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $181,531 (35.1% 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 146 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.86% ✗
• Cap rate: 3.91%
• Cash-on-cash: -8.53%
• DSCR: 0.62
• GRM: 9.7

CMA / ARV

• ARV (median comp): $354,610
• List price: $279,900
• Delta: -21.07%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5361 NW 33rd Pl	0.51mi	2/2.0	1,318 (-9%)	4mo	$230,000	$175	58
5472 NW 46th Lane Rd	0.68mi	3/2.0 (+1)	1,505 (+4%)	8mo	$264,900	$176	51
3901 NW 49th Ct	0.64mi	2/2.0	1,666 (+15%)	20mo	$315,000	$189	30

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

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -24.1%
• Equity multiple: 0.13×
• Total profit: $-67,821
• Equity at exit: $41,734

10-year hold

• IRR: -7.3%
• Equity multiple: 0.42×
• Total profit: $-45,725
• Equity at exit: $24,201

Cash invested: $78,372 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,394 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$335 /mo · $4,023/yr
• Insurance: −$117
• HOA: −$528
• Vacancy / Maint / Mgmt: −$503
• Net cashflow: $-557

Break-even live

Break-even rent $3,098

Max offer price $181,531

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: $69,975
• Closing costs: $8,397
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5530 NW 40th Loop Ocala, FL	3.0	2.0	1622	$2,000	$1.23	21d	1	0.22mi
5423 NW 35th Lane Rd Ocala, FL	2.0	2.0	1656	$3,200	$1.93	21d	1	0.34mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,900	$2.20	21d	1	0.40mi
4395 NW 55th Ter Ocala, FL	3.0	2.0	1853	$2,700	$1.46	21d	1	0.41mi
3384 NW 54th Ct Ocala, FL	2.0	2.5	1722	$2,300	$1.34	21d	1	0.42mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	21d	1	0.49mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	14d	1	0.51mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	21d	1	0.54mi
5521 NW 45th Ln Ocala, FL	3.0	2.0	1862	$2,600	$1.40	14d	1	0.56mi
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	21d	1	0.59mi
5048 NW 35th St Ocala, FL	3.0	2.0	1552	$1,900	$1.22	14d	1	0.66mi
5416 NW 46th Lane Rd Ocala, FL	3.0	2.0	1590	$2,300	$1.45	14d	1	0.69mi
4122 NW 48th Terrace Rd Ocala, FL	2.0	2.0	1816	$1,999	$1.10	14d	1	0.70mi
5347 NW 46th Lane Rd Ocala, FL	3.0	2.0	1552	$2,550	$1.64	21d	1	0.71mi
5254 NW 43rd Lane Rd Ocala, FL	3.0	2.0	1728	$3,500	$2.03	21d	1	0.73mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	21d	1	0.74mi
5358 NW 48th Pl Ocala, FL	3.0	2.0	1565	$2,500	$1.60	21d	1	0.76mi
4859 NW 35th Lane Rd Ocala, FL	2.0	2.0	1666	$2,495	$1.50	21d	1	0.76mi
5389 NW 48th Pl Ocala, FL	2.0	2.0	1552	$2,300	$1.48	21d	1	0.76mi
5375 NW 48th Pl Ocala, FL	2.0	2.0	1565	$2,350	$1.50	21d	1	0.77mi
5293 NW 48th Pl Ocala, FL	2.0	2.0	1552	$2,450	$1.58	21d	1	0.81mi
5237 NW 48th Pl Ocala, FL	3.0	2.0	1552	$4,500	$2.90	21d	1	0.84mi
4743 NW 39th Street Rd Ocala, FL	3.0	2.0	1565	$2,500	$1.60	21d	1	0.86mi
4110 NW 44th Cir Ocala, FL	3.0	2.0	1610	$2,400	$1.49	14d	1	0.97mi
4111 NW 44th Cir Ocala, FL	3.0	2.0	1505	$2,300	$1.53	14d	1	0.98mi
4078 NW 44th Cir Ocala, FL	3.0	2.0	1504	$2,500	$1.66	21d	1	1.03mi
5391 NW 55th Ct Ocala, FL	3.0	2.0	1332	$1,650	$1.24	21d	1	1.12mi
5532 NW 57th Pl Ocala, FL	2.0	2.0	962	$1,295	$1.35	14d	1	1.35mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	1.48mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	1.49mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	21d	1	1.50mi

HOA detail

• Monthly dues: $528 · $6,336/yr
• Likely covers: watergaspoolsecurity

Listing history 20 events

1. 2026-06-18
   days on market $279,900 Active 146 DOM
2. 2026-06-17
   days on market $279,900 Active 145 DOM
3. 2026-06-16
   days on market $279,900 Active 144 DOM
4. 2026-06-15
   days on market $279,900 Active 143 DOM
5. 2026-06-14
   days on market $279,900 Active 141 DOM
6. 2026-06-13
   days on market $279,900 Active 140 DOM
7. 2026-06-10
   days on market $279,900 Active 138 DOM
8. 2026-06-09
   days on market $279,900 Active 137 DOM
9. 2026-06-08
   days on market $279,900 Active 136 DOM
10. 2026-06-07
    days on market $279,900 Active 135 DOM
11. 2026-06-03
    days on market $279,900 Active 131 DOM
12. 2026-06-02
    days on market $279,900 Active 130 DOM
13. 2026-05-31
    days on market $279,900 Active 128 DOM
14. 2026-05-30
    days on market $279,900 Active 127 DOM
15. 2026-03-09
    price $279,900 1375-char remark

    Show marketing remark (1375 chars)

    Exceptional value in Ocala Preserve! This upgraded Rome model by Shea Homes offers 1,454 sq. ft. with an open layout and split-bedroom design for added privacy. Features include 2 bedrooms, 2 bathrooms, PLUS a den/office perfect for guests or working from home. The kitchen is both stylish and functional with upgraded wood cabinets, crown molding, granite countertops, a large island, stainless-steel appliances, and a gas range. Enjoy tile flooring, cathedral ceilings, and ceiling fans throughout, including three on the screened lanai for easy indoor-outdoor living. Additional upgrades include a laundry room with utility sink, whole-house surge protection, termite bond, and more. Offered furnished and move-in ready, this home is ready for you to enjoy. Located in the 55+ section of gated Ocala Preserve, residents enjoy over 600 acres of natural beauty, walking and biking trails, lakes, parks, and top-tier amenities including golf, multiple pools, tennis, pickleball, bocce, fishing, kayaks, canoes, spa services, clubhouse events, and on-site dining at The Salted Brick. The HOA fee includes lawn and shrub maintenance PLUS your irrigation water, so you spend less time on the work and more time on the FUN, and with no CDD fees, you truly get MORE for your money. All this and you’re just minutes from the World Equestrian Center, HITS, and downtown Ocala.

16. 2026-01-23
    listed $289,000 Active 1375-char remark

    Show marketing remark (1375 chars)

    Exceptional value in Ocala Preserve! This upgraded Rome model by Shea Homes offers 1,454 sq. ft. with an open layout and split-bedroom design for added privacy. Features include 2 bedrooms, 2 bathrooms, PLUS a den/office perfect for guests or working from home. The kitchen is both stylish and functional with upgraded wood cabinets, crown molding, granite countertops, a large island, stainless-steel appliances, and a gas range. Enjoy tile flooring, cathedral ceilings, and ceiling fans throughout, including three on the screened lanai for easy indoor-outdoor living. Additional upgrades include a laundry room with utility sink, whole-house surge protection, termite bond, and more. Offered furnished and move-in ready, this home is ready for you to enjoy. Located in the 55+ section of gated Ocala Preserve, residents enjoy over 600 acres of natural beauty, walking and biking trails, lakes, parks, and top-tier amenities including golf, multiple pools, tennis, pickleball, bocce, fishing, kayaks, canoes, spa services, clubhouse events, and on-site dining at The Salted Brick. The HOA fee includes lawn and shrub maintenance PLUS your irrigation water, so you spend less time on the work and more time on the FUN, and with no CDD fees, you truly get MORE for your money. All this and you’re just minutes from the World Equestrian Center, HITS, and downtown Ocala.

17. 2020-02-24
    soldstatus $204,000
18. 2020-02-24
    soldstatus $204,000
19. 2019-08-07
    listed $209,900
20. 2019-06-23
    listed $209,900

ⓘ 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: $4,023 · $335/mo
• Projected year-2 tax: $4,023 · $335/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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 23 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,722
• − Mortgage interest: −$15,679
• − Property taxes: −$4,023
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,298
• − Management: −$2,298
• − HOA: −$6,336
• − Depreciation: −$8,143
• Taxable loss: −$11,453
• Est. tax savings @ 24.0%: +$2,749
• After-tax cash flow: $-3,933/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% 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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• 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

+33.3% since first listed

6 events — show timeline

• 2026-03-09 Price Changed $279,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Listed $289,000 Stellar MLS as Distributed by MLS Grid
• 2020-02-24 Sold (Public Records) $204,000 Public Records
• 2020-02-24 Sold (MLS) $204,000 Stellar MLS as Distributed by MLS Grid
• 2019-08-07 Listed $209,900 Stellar MLS as Distributed by MLS Grid
• 2019-06-23 Listed $209,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+23.5%/yr

Latest (2025): $4,023 · +0.3% YoY. Source: county tax records.