14 Cedar Cir · Silver Springs Shores, FL 34472

$239,000

3 bd · 2.0 ba · 1,014 sqft · SingleFamily public records · 1 Days on market

Built 2021 Est $163k · 46% 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).

• Appreciation +8.0/10.0
• Cash flow +7.6/30.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• DSCR +1.7/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Under Construction. HURRY!! THERE MAY STILL BE TIME TO PICK FROM BUILDERS APPROVED COLOR SELECTIONS! Construction started November 2020 and is anticipated to be completed in spring 2021. This split plan is open, light & bright! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room and dining room! The kitchen comes complete with a new range, dishwasher, and ample counter space and cabinetry! Enjoy the morning cup of coffee at the breakfast bar! Do laundry with ease in the air-conditioned laundry room! This home rests on just over a ¼ acre ~ enough room for the family & pets to play but not too much yard work! Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. Any dimensions listed are approximate.

Key facts

• Convenient location
• Built 2021

Tags

• CONVENIENT LOCATION
• EASY ACCESS TO RESTAURANTS
• EASY ACCESS TO GROCERY STORES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-288 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $188k (21.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (30.8% below list).
• Recommended offer: $165k (30.8% 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, schools 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.
• Market conditions: Rents flat; 682 active listings in the ZIP; 40 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 $16k of equity ($2k loan paydown + $14k 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 ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $128k; list at $239k implies a 87% 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; 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 $165,499 (30.8% 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: 0.69% ✗
• Cap rate: 4.85%
• Cash-on-cash: -5.16%
• DSCR: 0.77
• GRM: 12.0

CMA / ARV

• ARV (on-the-fly): $163,254
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
25 Cedar Trce	0.45mi	3/2.0	1,052 (+4%)	4mo	$143,000	$136	70
35 Pine Radl	0.42mi	3/2.0	1,091 (+8%)	2mo	$237,000	$217	66
18 Cedar Tree Ter	0.52mi	3/1.0	1,008 (-1%)	8mo	$159,000	$158	64
20 Water Trak	0.58mi	2/2.0 (-1)	1,040 (+3%)	8mo	$190,000	$183	56
88 Cedar Rd	0.51mi	3/2.0	1,128 (+11%)	23mo	$199,000	$176	38
9 Pine Circle Dr	0.67mi	3/2.0	1,116 (+10%)	18mo	$180,000	$161	36
21 Pine Trace Run	0.59mi	2/1.0 (-1)	1,119 (+10%)	12mo	$155,000	$139	36

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: 10.1%
• Equity multiple: 1.67×
• Total profit: $45,122
• Equity at exit: $149,228

10-year hold

• IRR: 10.6%
• Equity multiple: 3.08×
• Total profit: $139,029
• Equity at exit: $269,743

Cash invested: $66,920 (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: 682
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $1,655 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$242 /mo · $2,908/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $-288

Break-even live

Break-even rent $2,019

Max offer price $188,149

Occupancy floor —

Sensitivity live

Price	-10% $-153	-5% $-220	+0% $-288	+5% $-356	+10% $-423
Rent	-10% $-419	-5% $-353	+0% $-288	+5% $-222	+10% $-157
Rate	-1.0pp $-167	-0.5pp $-227	base $-288	+0.5pp $-350	+1.0pp $-413

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	22d	1	0.16mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	15d	1	0.31mi
13 Pine Radial Dr Ocala, FL	3.0	2.0	1453	$1,795	$1.24	22d	1	0.36mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	22d	1	0.61mi
43 Water Track Loop Ocala, FL	3.0	2.0	1287	$1,799	$1.40	15d	1	0.61mi
9649 Bahia Rd Ocala, FL	3.0	2.0	1282	$1,595	$1.24	22d	1	0.64mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	22d	1	0.74mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	0.80mi
43 Bahia Pass Ocala, FL	3.0	2.0	1188	$1,475	$1.24	22d	1	0.84mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	22d	1	0.87mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	22d	1	0.88mi
446 Water Rd Ocala, FL	3.0	2.0	1248	$1,425	$1.14	22d	1	0.90mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	15d	1	0.95mi
455 Water Rd Ocala, FL	3.0	2.0	1275	$1,450	$1.14	15d	1	0.96mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	22d	1	0.96mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	15d	1	1.03mi
478 Water Pl Ocala, FL	3.0	2.0	1228	$1,650	$1.34	22d	1	1.06mi
9337 Bahia Rd Ocala, FL	3.0	2.0	1402	$1,765	$1.26	15d	1	1.06mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	15d	1	1.08mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.25mi
708 Bahia Cir Ocala, FL	3.0	2.0	1352	$1,500	$1.11	22d	1	1.29mi
532 Bahia Cir Unit A Ocala, FL	2.0	1.5	1027	$1,300	$1.27	22d	1	1.30mi
308 Hickory Course Radl Ocala, FL	3.0	2.0	1397	$1,650	$1.18	22d	1	1.30mi
60 Bahia Court Trak Ocala, FL	3.0	2.0	1413	$1,695	$1.20	22d	1	1.31mi
576 Fairways Ln Unit M104 Ocala, FL	2.0	2.0	837	$1,250	$1.49	22d	1	1.32mi
549 Fairways Dr Unit A Ocala, FL	2.0	2.0	1072	$1,200	$1.12	22d	1	1.33mi
54 Pine Trak Unit 104F Ocala, FL	2.0	2.0	832	$1,300	$1.56	22d	1	1.35mi
510 Fairways Cir Unit A Ocala, FL	2.0	2.0	1000	$1,299	$1.30	22d	1	1.36mi
548 Fairways Cir Unit C102 Ocala, FL	2.0	2.0	850	$1,400	$1.65	22d	1	1.36mi
567 Midway Trak Unit H201 Ocala, FL	3.0	2.0	1029	$1,350	$1.31	15d	1	1.37mi
593 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,200	$1.16	22d	1	1.37mi
553 Fairways Cir Unit B Ocala, FL	2.0	2.0	1304	$1,700	$1.30	15d	1	1.37mi
561 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,250	$1.21	22d	1	1.37mi
520 Fairways Cir Unit A Ocala, FL	2.0	1.5	1027	$1,100	$1.07	22d	1	1.37mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	22d	1	1.37mi
633 Silver Pass Unit B Ocala, FL	2.0	2.0	1072	$1,500	$1.40	22d	1	1.38mi
492 Hickory Course Loop Ocala, FL	4.0	2.0	1483	$1,750	$1.18	22d	1	1.38mi
454 Fairways Cir Unit B204 Ocala, FL	2.0	2.0	837	$1,289	$1.54	22d	1	1.39mi
454 Fairways Cir Unit B203 Ocala, FL	2.0	2.0	850	$1,375	$1.62	22d	1	1.39mi
454 Fairways Cir Ocala, FL	2.0	2.0	837	$1,200	$1.43	22d	1	1.40mi

Listing history 4 events

1. 2021-10-14
   soldstatus $127,900 Closed 1048-char remark

   Show marketing remark (1048 chars)

   Under Construction. HURRY!! THERE MAY STILL BE TIME TO PICK FROM BUILDERS APPROVED COLOR SELECTIONS! Construction started November 2020 and is anticipated to be completed in spring 2021. This split plan is open, light & bright! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room and dining room! The kitchen comes complete with a new range, dishwasher, and ample counter space and cabinetry! Enjoy the morning cup of coffee at the breakfast bar! Do laundry with ease in the air-conditioned laundry room! This home rests on just over a ¼ acre ~ enough room for the family & pets to play but not too much yard work! Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. Any dimensions listed are approximate.

2. 2021-04-01
   status Pending 1048-char remark

   Show marketing remark (1048 chars)

   Under Construction. HURRY!! THERE MAY STILL BE TIME TO PICK FROM BUILDERS APPROVED COLOR SELECTIONS! Construction started November 2020 and is anticipated to be completed in spring 2021. This split plan is open, light & bright! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room and dining room! The kitchen comes complete with a new range, dishwasher, and ample counter space and cabinetry! Enjoy the morning cup of coffee at the breakfast bar! Do laundry with ease in the air-conditioned laundry room! This home rests on just over a ¼ acre ~ enough room for the family & pets to play but not too much yard work! Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. Any dimensions listed are approximate.

3. 2020-11-19
   historical 1048-char remark

   Show marketing remark (1048 chars)

   Under Construction. HURRY!! THERE MAY STILL BE TIME TO PICK FROM BUILDERS APPROVED COLOR SELECTIONS! Construction started November 2020 and is anticipated to be completed in spring 2021. This split plan is open, light & bright! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room and dining room! The kitchen comes complete with a new range, dishwasher, and ample counter space and cabinetry! Enjoy the morning cup of coffee at the breakfast bar! Do laundry with ease in the air-conditioned laundry room! This home rests on just over a ¼ acre ~ enough room for the family & pets to play but not too much yard work! Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. Any dimensions listed are approximate.

4. 2020-11-13
   listed $127,900 1048-char remark

   Show marketing remark (1048 chars)

   Under Construction. HURRY!! THERE MAY STILL BE TIME TO PICK FROM BUILDERS APPROVED COLOR SELECTIONS! Construction started November 2020 and is anticipated to be completed in spring 2021. This split plan is open, light & bright! From the moment you walk through the front door you will feel the openness with the cathedral ceiling in the foyer, living room and dining room! The kitchen comes complete with a new range, dishwasher, and ample counter space and cabinetry! Enjoy the morning cup of coffee at the breakfast bar! Do laundry with ease in the air-conditioned laundry room! This home rests on just over a ¼ acre ~ enough room for the family & pets to play but not too much yard work! Because this home is under construction, actual photos are unavailable. Photos depicted are for illustration purposes only and to show layout. Interior and exterior colors, finishes, and garage orientation will vary for the actual home. Subject to change without notice as construction progresses. Any dimensions listed are approximate.

ⓘ 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: $2,908 · $242/mo
• Projected year-2 tax: $2,908 · $242/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 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: $19,860
• − Mortgage interest: −$13,388
• − Property taxes: −$2,908
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,589
• − Management: −$1,589
• − Depreciation: −$6,953
• Taxable loss: −$7,762
• Est. tax savings @ 24.0%: +$1,863
• After-tax cash flow: $-1,591/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

+0.0% since first listed

4 events — show timeline

• 2021-10-14 Sold (MLS) $127,900 Stellar MLS as Distributed by MLS Grid
• 2021-04-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-11-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-11-13 Listed $127,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+33.8%/yr

Latest (2025): $2,908 · +20.3% YoY. Source: county tax records.