20621 SE Highway 42 · Silver Springs Shores East, FL 32784

$130,000

2 bd · 1.0 ba · 1,218 sqft · SingleFamily public records · 163 Days on market

Built 1961 0.37 ac lot $107/sqft · 11% below area Est $146k · 11% 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).

• Cash flow +26.4/30.0
• ARV discount +12.4/15.0
• DSCR +9.0/10.0
• 1% rule +6.1/10.0
• 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

Opportunity to complete this cute property to your own taste. The big ticket items have been done with a new Electrical box/panel and new roof. There are no fixtures in bathroom or kitchen, so it is ready for you to design. This is a cute property with fruit trees, mature landscaping and fence. The property is fully fenced with a gate across drive way to separate from Hwy 42. Home needs work, but this is a great opportunity for an affordable property for someone handy. Most of the demo work has been completed, so it is ready for your installations. Large carport with workshop at the back.

Key facts

• Fully fenced
• Fruit trees
• Mature landscaping

Tags

• NEW ELECTRICAL BOX PANEL
• NEW ROOF
• FRUIT TREES
• MATURE LANDSCAPING
• FULLY FENCED
• GATE ACROSS DRIVE WAY

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $338 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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 C — 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: 223 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 $899 of loan paydown is wiped out by about $4k 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 $36k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 163 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; list at $130k implies a 62% 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 $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 163 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.11% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 7.5

CMA / ARV

• ARV (median comp): $145,803
• List price: $130,000
• Delta: -10.84%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20735 SE Highway 42	0.12mi	3/1.0 (+1)	1,150 (-6%)	3mo	$195,000	$170	78
20560 SE 155th Pl	0.15mi	2/1.0	1,334 (+10%)	18mo	$15,000	$11	62
20145 SE Highway 42	0.47mi	2/2.0	1,351 (+11%)	14mo	$145,000	$107	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $449
• Equity at exit: $19,383

10-year hold

• IRR: 9.9%
• Equity multiple: 1.77×
• Total profit: $27,982
• Equity at exit: $11,240

Cash invested: $36,400 (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 32784

• Home prices YoY: -8.5%
• Active inventory: 223
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,438 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$62 /mo · $740/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $338

Break-even live

Break-even rent $1,010

Max offer price $130,000

Occupancy floor 71%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 36 events

1. 2026-06-18
   days on market $130,000 Active 163 DOM
2. 2026-06-17
   days on market $130,000 Active 162 DOM
3. 2026-06-16
   days on market $130,000 Active 161 DOM
4. 2026-06-15
   days on market $130,000 Active 160 DOM
5. 2026-06-14
   days on market $130,000 Active 158 DOM
6. 2026-06-13
   days on market $130,000 Active 157 DOM
7. 2026-06-10
   days on market $130,000 Active 155 DOM
8. 2026-06-09
   days on market $130,000 Active 154 DOM
9. 2026-06-08
   days on market $130,000 Active 153 DOM
10. 2026-06-07
    days on market $130,000 Active 152 DOM
11. 2026-06-03
    days on market $130,000 Active 148 DOM
12. 2026-06-02
    days on market $130,000 Active 147 DOM
13. 2026-05-31
    days on market $130,000 Active 145 DOM
14. 2026-05-30
    days on market $130,000 Active 144 DOM
15. 2026-05-12
    price $130,000 596-char remark

    Show marketing remark (596 chars)

    Opportunity to complete this cute property to your own taste. The big ticket items have been done with a new Electrical box/panel and new roof. There are no fixtures in bathroom or kitchen, so it is ready for you to design. This is a cute property with fruit trees, mature landscaping and fence. The property is fully fenced with a gate across drive way to separate from Hwy 42. Home needs work, but this is a great opportunity for an affordable property for someone handy. Most of the demo work has been completed, so it is ready for your installations. Large carport with workshop at the back.

16. 2026-02-20
    price $140,000 596-char remark

    Show marketing remark (596 chars)

    Opportunity to complete this cute property to your own taste. The big ticket items have been done with a new Electrical box/panel and new roof. There are no fixtures in bathroom or kitchen, so it is ready for you to design. This is a cute property with fruit trees, mature landscaping and fence. The property is fully fenced with a gate across drive way to separate from Hwy 42. Home needs work, but this is a great opportunity for an affordable property for someone handy. Most of the demo work has been completed, so it is ready for your installations. Large carport with workshop at the back.

17. 2026-01-21
    price $147,000 596-char remark

    Show marketing remark (596 chars)

    Opportunity to complete this cute property to your own taste. The big ticket items have been done with a new Electrical box/panel and new roof. There are no fixtures in bathroom or kitchen, so it is ready for you to design. This is a cute property with fruit trees, mature landscaping and fence. The property is fully fenced with a gate across drive way to separate from Hwy 42. Home needs work, but this is a great opportunity for an affordable property for someone handy. Most of the demo work has been completed, so it is ready for your installations. Large carport with workshop at the back.

18. 2026-01-06
    listed $150,000 Active 596-char remark

    Show marketing remark (596 chars)

    Opportunity to complete this cute property to your own taste. The big ticket items have been done with a new Electrical box/panel and new roof. There are no fixtures in bathroom or kitchen, so it is ready for you to design. This is a cute property with fruit trees, mature landscaping and fence. The property is fully fenced with a gate across drive way to separate from Hwy 42. Home needs work, but this is a great opportunity for an affordable property for someone handy. Most of the demo work has been completed, so it is ready for your installations. Large carport with workshop at the back.

19. 2025-05-13
    soldstatus $80,000 Closed 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

20. 2025-05-12
    soldstatus $80,000
21. 2025-04-24
    status Pending 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

22. 2025-01-29
    status Active 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

23. 2025-01-24
    status Active 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

24. 2025-01-18
    historical 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

25. 2025-01-05
    status Pending 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

26. 2024-12-09
    price $100,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

27. 2024-12-09
    status Active 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

28. 2024-11-27
    status Pending 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

29. 2024-10-21
    price $115,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

30. 2024-09-30
    price $117,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

31. 2024-09-05
    price $120,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

32. 2024-08-22
    price $123,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

33. 2024-08-06
    price $130,000 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

34. 2024-07-18
    listed $140,000 Active 1152-char remark

    Show marketing remark (1152 chars)

    Discover an exceptional opportunity with this 2/1 home situated on a generous . 37+/- acre lot just outside of town. This property offers immense potential for those looking to create their dream home. This home has a solid foundation and inviting layout make it the perfect canvas for your personal touch. The property features a fenced yard with a convenient gate access on Hwy 42, providing both privacy and easy entry. Additionally, an adjacent vacant parcel is available for purchase separately that is . 37+/-acres, offering flexibility and expansion possibilities. Buyers have the option to acquire both parcels, combining them for a total of . 74+/- acres, or to buy just one. Should you choose to purchase one, you can decide whether to install a fence to separate the two parcels. Don’t miss out on this unique chance to invest in a promising property with endless potential in the serene setting of Umatilla. Home needs work and price takes the amount of work into consideration to include replacement of roof, septic, and many others. Seller has started some demo to help make the process easier and less expensive for you as a bonus.

35. 1995-04-05
    soldstatus $35,000
36. 1987-08-01
    soldstatus $11,444

ⓘ 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: $740 · $62/mo
• Projected year-2 tax: $1,079 · $90/mo
• Expected delta: +$339/yr (+$28/mo · 45.9%)

ⓘ 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 ≥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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,255
• − Mortgage interest: −$7,282
• − Property taxes: −$740
• − Insurance: −$650
• − Repairs & maintenance: −$1,380
• − Management: −$1,380
• − Depreciation: −$3,782
• Taxable income: $2,041
• Est. tax owed @ 24.0%: −$490
• After-tax cash flow: $3,571/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

• Population (ZIP): 9,859

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 12% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1%
• Common ancestry: Portuguese 2% Slovak 2% Lithuanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 8% German/W. Germanic 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: ▼ -32.66%
• Current HPI: 352.4197
• Rent YoY: —
• Metro: —
• 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

+1036.0% since first listed

22 events — show timeline

• 2026-05-12 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-20 Price Changed $140,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-21 Price Changed $147,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-13 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-12 Sold (Public Records) $80,000 Public Records
• 2025-04-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-01-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-01-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-01-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-01-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-12-09 Price Changed $100,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-11-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-10-21 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-30 Price Changed $117,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-05 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-22 Price Changed $123,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-06 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-18 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 1995-04-05 Sold (Public Records) $35,000 Public Records
• 1987-08-01 Sold (Public Records) $11,444 Public Records

Property tax history

+6.6%/yr

Latest (2025): $740 · +43.9% YoY. Source: county tax records.