276 Oak Lane Trak · Silver Springs Shores, FL 34472

$210,000

3 bd · 2.0 ba · 1,384 sqft · SingleFamily public records · 27 Days on market

Built 2023 10,454 sqft lot Est $256k · 18% under

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Why this score? — see what drove the C- 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 +9.4/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +3.2/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Great single family home featuring 3 bedroom and 2 bath move in ready!

Key facts

• 0.24 acre lot
• 2 garage spots
• Built 2023

Property features AI

Finance

• Other: Property type: Residential, Single Family Residence; Zoning: R1; Furnished: Unfurnished; No CDD; Universal property ID on file
• HOA & community: No association (no HOA)

Exterior

• Parking: Attached garage (2 garage spaces); Carport present
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single family residence; One-story; Faces west; Entry level: One
• Construction: Block and concrete construction; Shingle roof; Slab foundation; Built as single-story structure
• Exterior features: Asphalt / paved road access; Lot dimensions approximately 82 x 125; Lot ~0.24 acres

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Builder-provided living area
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; High ceilings; Living room / dining room combo; Open floorplan; Thermostat; Vaulted ceilings
• Laundry & utility: Washer; Dryer; Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-275 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $162k (23.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $173k (17.8% below list).
• Recommended offer: $162k (23.1% below list) — sets the bar for cash-flow.

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; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 32% 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 27 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y 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

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $161,500 (23.1% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 0.82% ✗
• Cap rate: 5.44%
• Cash-on-cash: -3.05%
• DSCR: 0.86
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $256,040
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 Emerald Rd	0.06mi	3/2.0	1,380 (-0%)	3mo	$239,900	$174	94
267 Oak Lane Way	0.36mi	3/2.0	1,354 (-2%)	1mo	$270,000	$199	79
238 Oak Lane Way	0.19mi	3/2.0	1,218 (-12%)	2mo	$260,000	$213	69
235 Oak Lane Loop	0.28mi	3/2.0	1,445 (+4%)	15mo	$155,000	$107	67
233 Locust Pass Dr	0.66mi	3/2.0	1,298 (-6%)	2mo	$238,000	$183	57
235 Locust Pass Ln	0.69mi	3/2.0	1,380 (-0%)	13mo	$255,000	$185	57
237 Locust Lane Dr	0.73mi	3/2.0	1,232 (-11%)	14mo	$229,000	$186	36
13 Hickory Track Way	0.70mi	3/2.0	1,204 (-13%)	16mo	$90,000	$75	33

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: 9.6%
• Equity multiple: 1.64×
• Total profit: $37,665
• Equity at exit: $131,121

10-year hold

• IRR: 10.1%
• Equity multiple: 2.98×
• Total profit: $116,342
• Equity at exit: $237,013

Cash invested: $58,800 (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: 10.1×

Monthly cashflow live

• Estimated rent: $1,727 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$325 /mo · $3,896/yr
• Insurance: −$88
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $-275

Break-even live

Break-even rent $2,074

Max offer price $161,500

Occupancy floor —

Sensitivity live

Price	-10% $-156	-5% $-215	+0% $-275	+5% $-334	+10% $-393
Rent	-10% $-411	-5% $-343	+0% $-275	+5% $-206	+10% $-138
Rate	-1.0pp $-169	-0.5pp $-221	base $-275	+0.5pp $-329	+1.0pp $-384

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	23d	1	0.28mi
217 Locust Pass Ln Ocala, FL	3.0	2.0	1011	$1,697	$1.68	15d	1	0.56mi
217 Locust Pass Crse Ocala, FL	3.0	2.0	1232	$1,650	$1.34	15d	1	0.57mi
202 Oak Lane Cir Ocala, FL	3.0	2.0	1232	$1,650	$1.34	15d	1	0.62mi
325 Oak Track Ct Ocala, FL	3.0	2.0	1163	$1,550	$1.33	23d	1	0.73mi
80 Locust Pass Run Ocala, FL	3.0	2.0	1003	$1,595	$1.59	15d	1	0.85mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	23d	1	0.87mi
219 Locust Ln Ocala, FL	3.0	2.0	1232	$1,650	$1.34	15d	1	0.90mi
342 Locust Pass Ocala, FL	3.0	2.0	1232	$1,650	$1.34	15d	1	1.30mi

Listing history 7 events

1. 2026-06-10
   days on market $210,000 Active 27 DOM
2. 2026-06-09
   days on market $210,000 Active 26 DOM
3. 2026-06-08
   days on market $210,000 Active 25 DOM
4. 2026-06-07
   days on market $210,000 Active 24 DOM
5. 2026-06-03
   days on market $210,000 Active 20 DOM
6. 2026-06-03
   remarks 51-char remark
7. 2026-06-03
   listed $210,000 Active 19 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: $3,896 · $325/mo
• Projected year-2 tax: $3,896 · $325/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 A · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°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 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,720
• − Mortgage interest: −$11,763
• − Property taxes: −$3,896
• − Insurance: −$2,552
• − Repairs & maintenance: −$1,658
• − Management: −$1,658
• − Depreciation: −$6,109
• Taxable loss: −$6,916
• Est. tax savings @ 24.0%: +$1,660
• After-tax cash flow: $-1,635/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

+1300.0% since first listed

24 events — show timeline

• 2026-06-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Listed $210,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-10 Sold (MLS) $278,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-30 Sold (Public Records) $278,000 Public Records
• 2024-10-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-10-30 Rental Removed $1,699 STELLARMLS
• 2024-10-17 Listed for Rent $1,699 STELLARMLS
• 2024-10-06 Price Changed $289,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-20 Listed $309,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-29 Sold (MLS) $266,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-06-19 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
• 2024-05-31 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-11-01 Listed $283,500 Stellar MLS as Distributed by MLS Grid
• 2023-10-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-09-27 Price Changed $265,900 Stellar MLS as Distributed by MLS Grid
• 2023-08-03 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2023-07-22 Price Changed $290,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-01 Listed $300,000 Stellar MLS as Distributed by MLS Grid
• 2015-02-26 Sold (Public Records) $165,000 Public Records
• 2013-05-29 Sold (Public Records) $111,800 Public Records
• 2005-10-24 Sold (Public Records) $2,794,500 Public Records
• 2005-06-03 Sold (Public Records) $15,000 Public Records

Property tax history

+38.1%/yr

Latest (2025): $3,896 · +1.4% YoY. Source: county tax records.