19448 SE 92nd Pl · Silver Springs Shores East, FL 32179

$69,900

1 bd · 1.0 ba · 448 sqft · SingleFamily public records · 44 Days on market

Built 1986 7,841 sqft lot $2/mo HOA

---

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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Are you looking for a getaway! Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 bedroom, 1 bath and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has an updated back screened in porch. Call to schedule your tour today!

Key facts

• Metal roof
• Screened-in porch
• Small shed

Tags

• SCREENED-IN PORCH
• SMALL SHED
• METAL ROOF
• NEWER WELL PUMP

Property features AI

Finance

• Other: Zoning: R4; Roads are dirt/unimproved with deeded easement and road maintenance agreement; Lot dimensions about 80 x 100 (≈0.18 acres); Property type: Residential — Single Family Residence; One well and one septic system on site
• Financial info: No lease restrictions indicated; Unfurnished
• HOA & community: Forest Lake Park Community Association; HOA required with an annual fee of $25 (about $2.08/month)

Exterior

• Parking: No parking features specified
• Security: No security features specified
• Utilities: Well water; Septic tank; Electricity connected; Water connected
• Home design: Single-family residence; One story; Faces north
• Construction: Frame construction with wood siding; Metal roof; Built on crawlspace with pillar/post/pier foundation; Approximately one-story structure
• Exterior features: Covered front porch; Rear porch; Screened porch; Shed(s); Mature landscaping; Wooded lot; Unpaved lot

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Crawlspace and pillar/post/pier foundation (listed under home details)
• Bathrooms: 1 full bathroom
• Heating & cooling: No central heating listed; Wall/window air-conditioning unit(s)
• Interior features: Living room and dining room combined
• Laundry & utility: No laundry hook-ups/washer-dryer features listed

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $390 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $68k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 5.2% in Silver Springs Shores East — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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: 426 active listings in the ZIP; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y 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 $46k; list at $70k implies a 52% 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; major 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 $67,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.58% ✓
• Cap rate: 12.99%
• Cash-on-cash: 23.92%
• DSCR: 2.06
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 17.1%
• Equity multiple: 1.69×
• Total profit: $13,533
• Equity at exit: $10,422

10-year hold

• IRR: 25.6%
• Equity multiple: 3.24×
• Total profit: $43,837
• Equity at exit: $6,044

Cash invested: $19,572 (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 32179

• Home prices YoY: -18.3%
• Active inventory: 426
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,102 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$83 /mo · $990/yr
• Insurance: −$29
• HOA: −$2
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $390

Break-even live

Break-even rent $608

Max offer price $69,900

Occupancy floor 60%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $2 · $24/yr

Listing history 23 events

1. 2026-06-18
   days on market $69,900 Active 44 DOM
2. 2026-06-17
   days on market $69,900 Active 43 DOM
3. 2026-06-16
   days on market $69,900 Active 42 DOM
4. 2026-06-15
   days on market $69,900 Active 41 DOM
5. 2026-06-14
   days on market $69,900 Active 39 DOM
6. 2026-06-13
   days on market $69,900 Active 38 DOM
7. 2026-06-10
   days on market $69,900 Active 36 DOM
8. 2026-06-09
   days on market $69,900 Active 35 DOM
9. 2026-06-08
   days on market $69,900 Active 34 DOM
10. 2026-06-07
    days on market $69,900 Active 33 DOM
11. 2026-06-03
    days on market $69,900 Active 29 DOM
12. 2026-06-02
    days on market $69,900 Active 28 DOM
13. 2026-06-01
    days on market $69,900 Active 27 DOM
14. 2026-05-31
    days on market $69,900 Active 26 DOM
15. 2026-05-30
    days on market $69,900 Active 25 DOM
16. 2026-05-05
    listed $69,900 Active 398-char remark
17. 2022-06-27
    soldstatus $46,000
18. 2022-06-24
    soldstatus $46,000 Closed 570-char remark

    Show marketing remark (570 chars)

    Are you looking for a getaway! Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 bedroom, 1 bath and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has an updated back screened in porch. Call to schedule your tour today!

19. 2022-06-02
    status Pending 570-char remark

    Show marketing remark (570 chars)

    Are you looking for a getaway! Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 bedroom, 1 bath and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has an updated back screened in porch. Call to schedule your tour today!

20. 2022-05-23
    listed $49,000 Active 570-char remark

    Show marketing remark (570 chars)

    Are you looking for a getaway! Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 bedroom, 1 bath and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has an updated back screened in porch. Call to schedule your tour today!

21. 2021-03-06
    soldstatus $38,000 Sold

    Show marketing remark (637 chars)

    Are you looking for a getaway? Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 Bedroom 1 bath, and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has a nice screened in porch. The home comes furnished so it is ready for you to get out of town and relax! Call to schedule your tour today!

22. 2021-01-27
    historical

    Show marketing remark (637 chars)

    Are you looking for a getaway? Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 Bedroom 1 bath, and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has a nice screened in porch. The home comes furnished so it is ready for you to get out of town and relax! Call to schedule your tour today!

23. 2020-12-03
    listed $59,000

    Show marketing remark (637 chars)

    Are you looking for a getaway? Come enjoy Nature's Beauty while loving the privacy we all crave. Whether you like to hunt or just need to get away from it all, this perfect cabin in Forest Lake Park is just for you! This 1 Bedroom 1 bath, and a loft for guests, is nestled away in the woods and has plenty of property. The home has wood siding, metal roof and back fence separating you from your neighbors. The home is also located on a corner lot giving you more space including 4 lots wide. IT has a nice screened in porch. The home comes furnished so it is ready for you to get out of town and relax! Call to schedule your tour today!

ⓘ 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: $990 · $83/mo
• Projected year-2 tax: $990 · $83/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,220
• − Mortgage interest: −$3,915
• − Property taxes: −$990
• − Insurance: −$350
• − Repairs & maintenance: −$1,058
• − Management: −$1,058
• − HOA: −$24
• − Depreciation: −$2,033
• Taxable income: $3,792
• Est. tax owed @ 24.0%: −$910
• After-tax cash flow: $3,771/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 East

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Marion County · 315,796 people
• City population: 9,318
• Metro: Ocala, FL
• Population (ZIP): 9,318
• Household income: $46,512
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 303.0

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: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 12% Hispanic / Latino 11%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 3%
• Common ancestry: Slovak 4% Romanian 2% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 7%

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: ▼ -54.21%
• Current HPI: 242.0408
• Rent YoY: —
• 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

+18.5% since first listed

8 events — show timeline

• 2026-05-05 Listed $69,900 Stellar MLS as Distributed by MLS Grid
• 2022-06-27 Sold (Public Records) $46,000 Public Records
• 2022-06-24 Sold (MLS) $46,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-23 Listed $49,000 Stellar MLS as Distributed by MLS Grid
• 2021-03-06 Sold (MLS) $38,000 Stellar MLS as Distributed by MLS Grid
• 2021-01-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-12-03 Listed $59,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+8.1%/yr

Latest (2025): $990 · +32.5% YoY. Source: county tax records.