9315 Pine Ln · Silver Springs Shores, FL 34472

$205,000

3 bd · 2.0 ba · 1,275 sqft · SingleFamily public records · 39 Days on market

Built 1977 0.34 ac lot $161/sqft · at area comps Est $202k · at est.

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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 +10.6/30.0
• Appreciation +8.0/10.0
• ARV discount +6.8/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• DSCR +3.1/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to this beautifully updated 3-bedroom, 2-bath home offering modern upgrades, timeless style, and comfortable living in the heart of Ocala. The home features a newer roof installed in 2023, along with fresh interior and exterior paint that gives the property a clean, bright, and inviting feel from the moment you arrive. Inside, you’ll love the open and spacious layout with luxury vinyl plank flooring flowing seamlessly throughout the entire home for both beauty and easy maintenance. The fully remodeled kitchen is a true standout, featuring gorgeous solid wood cabinetry with extra-tall uppers, solid surface countertops, updated fixtures, brand new stainless steel appliances and

Key facts

• Newer roof
• Covered carport
• Large lot

Tags

• NEWER ROOF
• FULLY REMODELED KITCHEN
• FENCED BACKYARD
• COVERED CARPORT
• LARGE LOT

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence; Building area reported as 1,684 sq ft (total); Universal property ID available
• Financial info: No lease restrictions indicated

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces west; Residential zoning (R1)
• Construction: Stucco and frame construction; Shingle roof; Slab foundation; Built with approximately 1,275 sq ft living area (public records)
• Exterior features: Lighting; Private mailbox; Paved road access; Lot dimensions approximately 85 x 174 feet; Lot size about 0.34 acres (1/4 to less than 1/2 acre)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Solid surface counters; Solid wood cabinets
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Ceiling fans; Living room / dining room combo; Open floorplan; Solid surface counters; Solid wood cabinets; Blinds
• Laundry & utility: Washer and dryer included; Laundry located inside; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-167 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $175k (14.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $164k (20.2% below list).
• Recommended offer: $164k (20.2% 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; 34 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).
• This rent runs 31% 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 $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 39 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 24y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $205k implies a 215% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe 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 $163,666 (20.2% 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 39 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.80% ✗
• Cap rate: 5.70%
• Cash-on-cash: -2.11%
• DSCR: 0.91
• GRM: 10.4

CMA / ARV

• ARV (median comp): $201,725
• List price: $205,000
• Delta: 1.62%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
457 Water Rd	0.16mi	3/2.0	1,436 (+13%)	1mo	$135,000	$94	71
9321 Pine Ln	0.04mi	3/1.0	1,217 (-4%)	22mo	$188,750	$155	68
5 Water Pass	0.38mi	3/2.0	1,345 (+6%)	10mo	$239,900	$178	65
806 Bahia Cir	0.38mi	3/2.0	1,270 (-0%)	23mo	$261,000	$206	63
43 Pine Radl	0.70mi	4/2.0 (+1)	1,242 (-3%)	4mo	$165,000	$133	55
34 Bahia Court Trak	0.55mi	3/2.0	1,211 (-5%)	17mo	$154,979	$128	51
9637 Bahia Dr	0.71mi	3/2.0	1,380 (+8%)	5mo	$248,000	$180	49
47 Lake Court Loop	0.68mi	3/2.0	1,151 (-10%)	4mo	$140,000	$122	49
10 Bahia Way	0.48mi	3/2.0	1,388 (+9%)	23mo	$220,000	$159	44
517 Bahia Track Ct	0.43mi	2/2.0 (-1)	1,392 (+9%)	21mo	$150,000	$108	42
35 Pine Radl	0.74mi	3/2.0	1,091 (-14%)	2mo	$237,000	$217	40
11 Spring Lake Ln	0.59mi	2/2.0 (-1)	1,180 (-8%)	19mo	$199,900	$169	39

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: 11.3%
• Equity multiple: 1.75×
• Total profit: $43,237
• Equity at exit: $127,999

10-year hold

• IRR: 11.4%
• Equity multiple: 3.22×
• Total profit: $127,646
• Equity at exit: $231,369

Cash invested: $57,400 (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: 683
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,637 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$233 /mo · $2,799/yr
• Insurance: −$85
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $-167

Break-even live

Break-even rent $1,848

Max offer price $175,461

Occupancy floor —

Sensitivity live

Price	-10% $-51	-5% $-109	+0% $-167	+5% $-225	+10% $-283
Rent	-10% $-297	-5% $-232	+0% $-167	+5% $-103	+10% $-38
Rate	-1.0pp $-64	-0.5pp $-115	base $-167	+0.5pp $-220	+1.0pp $-274

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
446 Water Rd Ocala, FL	3.0	2.0	1248	$1,425	$1.14	23d	1	0.13mi
455 Water Rd Ocala, FL	3.0	2.0	1275	$1,450	$1.14	15d	1	0.17mi
478 Water Pl Ocala, FL	3.0	2.0	1228	$1,650	$1.34	23d	1	0.24mi
9337 Bahia Rd Ocala, FL	3.0	2.0	1402	$1,765	$1.26	15d	1	0.24mi
13 Pine Radial Dr Ocala, FL	3.0	2.0	1453	$1,795	$1.24	23d	1	0.53mi
9610 Bahia Rd Ocala, FL	4.0	2.0	1617	$1,895	$1.17	23d	1	0.53mi
708 Bahia Cir Ocala, FL	3.0	2.0	1352	$1,500	$1.11	23d	1	0.61mi
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	15d	1	0.62mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	15d	1	0.62mi
60 Bahia Court Trak Ocala, FL	3.0	2.0	1413	$1,695	$1.20	23d	1	0.63mi
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	23d	1	0.67mi
9649 Bahia Rd Ocala, FL	3.0	2.0	1282	$1,595	$1.24	23d	1	0.74mi
619 Silver Pass Ocala, FL	3.0	2.0	1510	$1,495	$0.99	23d	1	0.75mi
593 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,200	$1.16	23d	1	0.79mi
633 Silver Pass Unit B Ocala, FL	2.0	2.0	1072	$1,500	$1.40	23d	1	0.79mi
549 Fairways Dr Unit A Ocala, FL	2.0	2.0	1072	$1,200	$1.12	23d	1	0.82mi
532 Bahia Cir Unit A Ocala, FL	2.0	1.5	1027	$1,300	$1.27	23d	1	0.84mi
561 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,250	$1.21	23d	1	0.85mi
553 Fairways Cir Unit B Ocala, FL	2.0	2.0	1304	$1,700	$1.30	15d	1	0.87mi
520 Fairways Cir Unit A Ocala, FL	2.0	1.5	1027	$1,100	$1.07	23d	1	0.92mi
510 Fairways Cir Unit A Ocala, FL	2.0	2.0	1000	$1,299	$1.30	23d	1	0.92mi
582 Fairways Cir Unit A Ocala, FL	2.0	2.0	1304	$1,500	$1.15	23d	1	0.94mi
567 Midway Trak Unit H201 Ocala, FL	3.0	2.0	1029	$1,350	$1.31	15d	1	1.00mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	23d	1	1.02mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	15d	1	1.07mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	23d	1	1.08mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	15d	1	1.08mi
43 Bahia Pass Ocala, FL	3.0	2.0	1188	$1,475	$1.24	23d	1	1.14mi
608 Midway Dr Unit A Ocala, FL	2.0	1.5	1054	$1,500	$1.42	15d	1	1.18mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	23d	1	1.21mi
43 Water Track Loop Ocala, FL	3.0	2.0	1287	$1,799	$1.40	15d	1	1.21mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	23d	1	1.27mi
8 Ash Pass Run Ocala, FL	3.0	2.0	1128	$1,650	$1.46	23d	1	1.39mi
2 Ash Dr Ocala, FL	3.0	2.0	1083	$1,750	$1.62	15d	1	1.47mi

Listing history 23 events

1. 2026-06-21
   days on market $205,000 Active 39 DOM
2. 2026-06-18
   days on market $205,000 Active 36 DOM
3. 2026-06-17
   days on market $205,000 Active 35 DOM
4. 2026-06-16
   days on market $205,000 Active 34 DOM
5. 2026-06-15
   days on market $205,000 Active 33 DOM
6. 2026-06-14
   days on market $205,000 Active 31 DOM
7. 2026-06-13
   days on market $205,000 Active 30 DOM
8. 2026-06-10
   days on market $205,000 Active 28 DOM
9. 2026-06-09
   days on market $205,000 Active 27 DOM
10. 2026-06-08
    days on market $205,000 Active 26 DOM
11. 2026-06-07
    days on market $205,000 Active 25 DOM
12. 2026-06-03
    days on market $205,000 Active 21 DOM
13. 2026-06-02
    days on market $205,000 Active 20 DOM
14. 2026-06-01
    days on market $205,000 Active 19 DOM
15. 2026-05-31
    days on market $205,000 Active 18 DOM
16. 2026-05-30
    pricedays on market $205,000 Active 17 DOM
17. 2026-05-13
    listed $220,000 Active 1181-char remark
18. 2018-12-12
    soldstatus $65,000
19. 2007-08-08
    soldstatus $80,000
20. 2003-11-25
    historical
21. 2002-11-25
    listed $55,000
22. 1995-02-28
    soldstatus $15,667
23. 1995-02-28
    soldstatus $15,667

ⓘ 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: $2,799 · $233/mo
• Projected year-2 tax: $2,799 · $233/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 8/10 Severe FEMA zone X (unshaded) · 99% 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: $19,640
• − Mortgage interest: −$11,483
• − Property taxes: −$2,799
• − Insurance: −$1,822
• − Repairs & maintenance: −$1,571
• − Management: −$1,571
• − Depreciation: −$5,964
• Taxable loss: −$5,571
• Est. tax savings @ 24.0%: +$1,337
• After-tax cash flow: $-670/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

+1208.5% since first listed

8 events — show timeline

• 2026-05-30 Price Changed $205,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2018-12-12 Sold (Public Records) $65,000 Public Records
• 2007-08-08 Sold (Public Records) $80,000 Public Records
• 2003-11-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2002-11-25 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 1995-02-28 Sold (Public Records) $15,667 Public Records
• 1995-02-28 Sold (Public Records) $15,667 Public Records

Property tax history

+9.1%/yr

Latest (2025): $2,799 · +9.9% YoY. Source: county tax records.