192 Willow Rd · Silver Springs Shores, FL 34472

$209,900

2 bd · 2.0 ba · 987 sqft · SingleFamily public records · 29 Days on market

Built 1995 10,454 sqft lot Est $174k · 21% over

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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).

• Cash flow +10.4/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• DSCR +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Very nice cozy 2 bedroom 2 bath home. Located in a quiet neighborhood, close to shopping and schools. This is a concrete block home with one car garage. Home has tile floors throughout and fenced yard. The roof and air conditioner are about 3 years old.

Key facts

• Newer appliances
• Major updates
• Concrete block home

Tags

• CONCRETE BLOCK HOME
• SPACIOUS FENCED BACKYARD
• MAJOR UPDATES
• NEWER APPLIANCES

Property features AI

Finance

• Other: Homestead exemption indicated; Zoning: R1; Property type: Residential — Single Family Residence; Lot size reported as ~0.24 acres (about 971 m²)
• HOA & community: No HOA/association indicated

Exterior

• Parking: Attached garage with space for 1 vehicle
• Utilities: Well water; Septic tank; Private utilities with water connected
• Home design: Single-family residence; One story; Facing west
• Construction: Block construction; Shingle roof; Slab foundation; Building area listed as 1,417 total (public records)
• Exterior features: Private mailbox; Paved, publicly maintained road access; Lot roughly 82 x 125 (approximately 0.24 acres)

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Crown molding; Programmable thermostat
• Laundry & utility: Laundry area located in the garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-112 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (9.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $150k (28.6% below list).
• Recommended offer: $150k (28.6% 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: Legacy Elementary School (math 35% / reading 35%, grade F, #1,697 of 2,144 statewide, top 80%, 716 students, 72% 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; 683 active listings in the ZIP; 9 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 $14k of equity ($1k loan paydown + $12k 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 ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,806 (28.6% 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: 0.71% ✗
• Cap rate: 5.65%
• Cash-on-cash: -2.28%
• DSCR: 0.90
• GRM: 11.7

CMA / ARV

• ARV (on-the-fly): $173,712
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35 Pine Radl	0.20mi	3/2.0 (+1)	1,091 (+10%)	2mo	$237,000	$217	66
20 Water Trak	0.40mi	2/2.0	1,040 (+5%)	8mo	$190,000	$183	65
18 Cedar Tree Ter	0.59mi	3/1.0 (+1)	1,008 (+2%)	8mo	$159,000	$158	54
25 Cedar Trce	0.70mi	3/2.0 (+1)	1,052 (+7%)	4mo	$143,000	$136	48
9 Pine Circle Dr	0.68mi	3/2.0 (+1)	1,116 (+13%)	18mo	$180,000	$161	26
88 Cedar Rd	0.65mi	3/2.0 (+1)	1,128 (+14%)	23mo	$199,000	$176	21

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: 12.4%
• Equity multiple: 1.82×
• Total profit: $48,427
• Equity at exit: $131,058

10-year hold

• IRR: 12.3%
• Equity multiple: 3.39×
• Total profit: $140,595
• Equity at exit: $236,900

Cash invested: $58,772 (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: 683
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,498 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$107 /mo · $1,284/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $-112

Break-even live

Break-even rent $1,639

Max offer price $190,168

Occupancy floor —

Sensitivity live

Price	-10% $7	-5% $-52	+0% $-112	+5% $-171	+10% $-231
Rent	-10% $-230	-5% $-171	+0% $-112	+5% $-53	+10% $7
Rate	-1.0pp $-6	-0.5pp $-58	base $-112	+0.5pp $-166	+1.0pp $-221

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	23d	1	0.32mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	23d	1	0.92mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	23d	1	1.06mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	23d	1	1.14mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	15d	1	1.28mi
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	15d	1	1.36mi
54 Pine Trak Unit 104F Ocala, FL	2.0	2.0	832	$1,300	$1.56	23d	1	1.42mi
58 Pine Trak Unit 104D Ocala, FL	2.0	2.0	832	$1,050	$1.26	23d	1	1.46mi
62 Pine Trak Ocala, FL	2.0	2.0	832	$1,250	$1.50	23d	1	1.49mi

Listing history 27 events

1. 2026-06-21
   days on market $209,900 Active 29 DOM
2. 2026-06-18
   days on market $209,900 Active 26 DOM
3. 2026-06-17
   days on market $209,900 Active 25 DOM
4. 2026-06-16
   days on market $209,900 Active 24 DOM
5. 2026-06-15
   days on market $209,900 Active 23 DOM
6. 2026-06-14
   days on market $209,900 Active 21 DOM
7. 2026-06-13
   pricedays on market $209,900 Active 20 DOM
8. 2026-06-10
   days on market $219,900 Active 18 DOM
9. 2026-06-09
   days on market $219,900 Active 17 DOM
10. 2026-06-08
    days on market $219,900 Active 16 DOM
11. 2026-06-07
    days on market $219,900 Active 15 DOM
12. 2026-06-03
    days on market $219,900 Active 11 DOM
13. 2026-06-02
    days on market $219,900 Active 10 DOM
14. 2026-06-01
    days on market $219,900 Active 9 DOM
15. 2026-05-31
    days on market $219,900 Active 8 DOM
16. 2026-05-30
    days on market $219,900 Active 7 DOM
17. 2026-05-23
    listed $219,900 Active
18. 2024-10-29
    soldstatus $200,000
19. 2024-10-24
    soldstatus $200,000 Closed 253-char remark

    Show marketing remark (253 chars)

    Very nice cozy 2 bedroom 2 bath home. Located in a quiet neighborhood, close to shopping and schools. This is a concrete block home with one car garage. Home has tile floors throughout and fenced yard. The roof and air conditioner are about 3 years old.

20. 2024-09-10
    status Pending 253-char remark

    Show marketing remark (253 chars)

    Very nice cozy 2 bedroom 2 bath home. Located in a quiet neighborhood, close to shopping and schools. This is a concrete block home with one car garage. Home has tile floors throughout and fenced yard. The roof and air conditioner are about 3 years old.

21. 2024-07-15
    listed $219,900 Active 253-char remark

    Show marketing remark (253 chars)

    Very nice cozy 2 bedroom 2 bath home. Located in a quiet neighborhood, close to shopping and schools. This is a concrete block home with one car garage. Home has tile floors throughout and fenced yard. The roof and air conditioner are about 3 years old.

22. 2006-02-14
    soldstatus $133,500
23. 2006-02-13
    soldstatus $133,500 317-char remark

    Show marketing remark (317 chars)

    CUTE AND EXTRA CLEAN 2/2 CBS TILE FLOORS IN LR, DR, OR EAT IN KITCHEN, NEW PAINT, CROWN MOULDING, THERMOPANE WINDOWS, LARGE LANDSCAPED LOT, NEW ROOF LAST YEAR, WIRED FOR SURROUND SOUND IN LR, SEC. CAMERA STAYS WHICH HOOKS TO TV. COVERED PATIO, SHOWS GREAT! (OWNER KEEPS WASHER DRYER) DW, RANGE, REF INCLUDED HEAT PUMP

24. 2005-11-05
    listed $134,900 317-char remark

    Show marketing remark (317 chars)

    CUTE AND EXTRA CLEAN 2/2 CBS TILE FLOORS IN LR, DR, OR EAT IN KITCHEN, NEW PAINT, CROWN MOULDING, THERMOPANE WINDOWS, LARGE LANDSCAPED LOT, NEW ROOF LAST YEAR, WIRED FOR SURROUND SOUND IN LR, SEC. CAMERA STAYS WHICH HOOKS TO TV. COVERED PATIO, SHOWS GREAT! (OWNER KEEPS WASHER DRYER) DW, RANGE, REF INCLUDED HEAT PUMP

25. 2005-07-27
    soldstatus $115,000
26. 2002-08-27
    soldstatus $53,000
27. 1998-03-27
    soldstatus $30,000

ⓘ 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: $1,284 · $107/mo
• Projected year-2 tax: $1,742 · $145/mo
• Expected delta: +$459/yr (+$38/mo · 35.7%)

ⓘ 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 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: $17,977
• − Mortgage interest: −$11,758
• − Property taxes: −$1,284
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,438
• − Management: −$1,438
• − Depreciation: −$6,106
• Taxable loss: −$5,097
• Est. tax savings @ 24.0%: +$1,223
• After-tax cash flow: $-117/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

+633.0% since first listed

11 events — show timeline

• 2026-05-23 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 2024-10-29 Sold (Public Records) $200,000 Public Records
• 2024-10-24 Sold (MLS) $200,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-07-15 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 2006-02-14 Sold (Public Records) $133,500 Public Records
• 2006-02-13 Sold (MLS) $133,500 Stellar MLS as Distributed by MLS Grid
• 2005-11-05 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-27 Sold (Public Records) $115,000 Public Records
• 2002-08-27 Sold (Public Records) $53,000 Public Records
• 1998-03-27 Sold (Public Records) $30,000 Public Records

Property tax history

+6.9%/yr

Latest (2025): $1,284 · +67.8% YoY. Source: county tax records.