34 Lake Court Loop · Silver Springs Shores, FL 34472

$200,000

3 bd · 2.0 ba · 1,228 sqft · SingleFamily public records · 10 Days on market

Built 1977 0.27 ac lot Est $157k · 27% over

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Why this score? — see what drove the F 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 +9.3/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.9/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Great Opportunity with Tons of Potential! This 3-bedroom, 2-bath home sits on an oversized lot, offering plenty of space and possibilities. While the property needs some TLC, it’s a perfect opportunity to create your dream home or a great investment in a growing community. Conveniently located close to schools, major highways, and shopping, this home combines a central location with future value. With a little vision and updates, this property can truly shine. Schedule an easy showing today!

Key facts

• New kitchen
• Stainless appliances
• Tiled showers

Tags

• COMPLETELY RENOVATED
• NEW KITCHEN
• BUTCHER BLOCK COUNTERS
• STAINLESS APPLIANCES
• TILED SHOWERS
• MATTE BLACK FIXTURES

Property features AI

Finance

• Other: Zoning: R1
• HOA & community: Not in a development; No HOA association indicated

Exterior

• Utilities: Public water available; Public sewer; Electricity connected; Broadband/high-speed internet available; Water connected
• Home design: Single Family Residence; Residential property; One story; North-facing
• Construction: Stucco construction; Shingle roof; Slab foundation; Completed property
• Exterior features: Covered front porch; Patio; Screened porch; Storage shed(s); Chain link fencing; Mature landscaping; Corner lot; Level lot; Paved, public-maintained road access

Interior

• Kitchen: Range; Microwave; Refrigerator; Dryer (listed with appliances)
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Blinds
• Laundry & utility: Inside laundry closet; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-147 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $174k (13.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $157k (21.5% below list).
• Recommended offer: $157k (21.5% 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: 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; 683 active listings in the ZIP; 36 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 $13k 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 ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 19y 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 $115k; list at $200k implies a 74% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $157,051 (21.5% 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. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.79% ✗
• Cap rate: 5.41%
• Cash-on-cash: -3.16%
• DSCR: 0.86
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $157,184
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
47 Lake Court Loop	0.06mi	3/2.0	1,151 (-6%)	4mo	$140,000	$122	84
6 Spring Lane Way	0.41mi	3/2.0	1,275 (+4%)	2mo	$125,000	$98	73
101 Spring Loop	0.29mi	3/2.0	1,154 (-6%)	22mo	$140,000	$121	58
34 Bahia Court Trak	0.61mi	3/2.0	1,211 (-1%)	17mo	$154,979	$128	55
48 Silver Pl	0.72mi	2/2.0 (-1)	1,194 (-3%)	3mo	$205,000	$172	55
11 Spring Lake Ln	0.47mi	2/2.0 (-1)	1,180 (-4%)	19mo	$199,900	$169	51
9321 Pine Ln	0.61mi	3/1.0	1,217 (-1%)	22mo	$188,750	$155	48
10 Bahia Way	0.30mi	3/2.0	1,388 (+13%)	23mo	$220,000	$159	45
517 Bahia Track Ct	0.68mi	2/2.0 (-1)	1,392 (+13%)	21mo	$150,000	$108	24

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: 11.6%
• Equity multiple: 1.77×
• Total profit: $43,237
• Equity at exit: $124,877

10-year hold

• IRR: 11.7%
• Equity multiple: 3.27×
• Total profit: $126,934
• Equity at exit: $225,726

Cash invested: $56,000 (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: 10.6×

Monthly cashflow live

• Estimated rent: $1,571 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$256 /mo · $3,071/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $-147

Break-even live

Break-even rent $1,757

Max offer price $173,969

Occupancy floor —

Sensitivity live

Price	-10% $-34	-5% $-91	+0% $-147	+5% $-204	+10% $-261
Rent	-10% $-271	-5% $-209	+0% $-147	+5% $-85	+10% $-23
Rate	-1.0pp $-47	-0.5pp $-96	base $-147	+0.5pp $-199	+1.0pp $-252

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	15d	1	0.15mi
62 Pine Trak Ocala, FL	2.0	2.0	832	$1,250	$1.50	23d	1	0.29mi
58 Pine Trak Unit 104D Ocala, FL	2.0	2.0	832	$1,050	$1.26	23d	1	0.32mi
54 Pine Trak Unit 104F Ocala, FL	2.0	2.0	832	$1,300	$1.56	23d	1	0.34mi
478 Water Pl Ocala, FL	3.0	2.0	1228	$1,650	$1.34	23d	1	0.41mi
9337 Bahia Rd Ocala, FL	3.0	2.0	1402	$1,765	$1.26	15d	1	0.43mi
60 Bahia Court Trak Ocala, FL	3.0	2.0	1413	$1,695	$1.20	23d	1	0.44mi
455 Water Rd Ocala, FL	3.0	2.0	1275	$1,450	$1.14	15d	1	0.49mi
446 Water Rd Ocala, FL	3.0	2.0	1248	$1,425	$1.14	23d	1	0.56mi
708 Bahia Cir Ocala, FL	3.0	2.0	1352	$1,500	$1.11	23d	1	0.67mi
8 Ash Pass Run Ocala, FL	3.0	2.0	1128	$1,650	$1.46	23d	1	0.81mi
633 Silver Pass Unit B Ocala, FL	2.0	2.0	1072	$1,500	$1.40	23d	1	0.88mi
593 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,200	$1.16	23d	1	0.90mi
2 Ash Dr Ocala, FL	3.0	2.0	1083	$1,750	$1.62	15d	1	0.94mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	15d	1	0.95mi
561 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,250	$1.21	23d	1	0.99mi
549 Fairways Dr Unit A Ocala, FL	2.0	2.0	1072	$1,200	$1.12	23d	1	1.00mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	23d	1	1.01mi
553 Fairways Cir Unit B Ocala, FL	2.0	2.0	1304	$1,700	$1.30	15d	1	1.03mi
582 Fairways Cir Unit A Ocala, FL	2.0	2.0	1304	$1,500	$1.15	23d	1	1.04mi
532 Bahia Cir Unit A Ocala, FL	2.0	1.5	1027	$1,300	$1.27	23d	1	1.06mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	15d	1	1.07mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	23d	1	1.07mi
520 Fairways Cir Unit A Ocala, FL	2.0	1.5	1027	$1,100	$1.07	23d	1	1.11mi
548 Fairways Cir Unit C102 Ocala, FL	2.0	2.0	850	$1,400	$1.65	23d	1	1.13mi
13 Pine Radial Dr Ocala, FL	3.0	2.0	1453	$1,795	$1.24	23d	1	1.13mi
510 Fairways Cir Unit A Ocala, FL	2.0	2.0	1000	$1,299	$1.30	23d	1	1.13mi
226 Oak Cir Ocala, FL	3.0	2.0	1406	$1,675	$1.19	15d	1	1.17mi
9649 Bahia Rd Ocala, FL	3.0	2.0	1282	$1,595	$1.24	23d	1	1.20mi
576 Fairways Ln Unit M104 Ocala, FL	2.0	2.0	837	$1,250	$1.49	23d	1	1.21mi
454 Fairways Cir Ocala, FL	2.0	2.0	837	$1,200	$1.43	23d	1	1.22mi
454 Fairways Cir Unit B203 Ocala, FL	2.0	2.0	850	$1,375	$1.62	23d	1	1.22mi
454 Fairways Cir Unit B204 Ocala, FL	2.0	2.0	837	$1,289	$1.54	23d	1	1.22mi
608 Midway Dr Unit A Ocala, FL	2.0	1.5	1054	$1,500	$1.42	15d	1	1.23mi
567 Midway Trak Unit H201 Ocala, FL	3.0	2.0	1029	$1,350	$1.31	15d	1	1.24mi
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	23d	1	1.30mi

Listing history 8 events

1. 2026-06-21
   days on market $200,000 Active 10 DOM
2. 2026-06-18
   days on market $200,000 Active 7 DOM
3. 2026-06-17
   days on market $200,000 Active 6 DOM
4. 2026-06-16
   days on market $200,000 Active 5 DOM
5. 2026-06-15
   days on market $200,000 Active 4 DOM
6. 2026-06-14
   days on market $200,000 Active 2 DOM
7. 2026-06-13
   remarks 699-char remark
8. 2026-06-13
   listed $200,000 Active 1 DOM

ⓘ 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: $3,071 · $256/mo
• Projected year-2 tax: $3,071 · $256/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 5/10 Major FEMA zone X (unshaded) · 47% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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: $18,846
• − Mortgage interest: −$11,203
• − Property taxes: −$3,071
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,508
• − Management: −$1,508
• − Depreciation: −$5,818
• Taxable loss: −$5,261
• Est. tax savings @ 24.0%: +$1,263
• After-tax cash flow: $-506/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

+488.2% since first listed

14 events — show timeline

• 2026-06-11 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-04 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-06 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-03 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-15 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2008-02-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-11-16 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 1990-10-01 Sold (Public Records) $34,000 Public Records
• 1989-12-01 Sold (Public Records) $34,000 Public Records

Property tax history

+11.3%/yr

Latest (2025): $3,071 · +412.0% YoY. Source: county tax records.