26 Dogwood Drive Crse · Silver Springs Shores, FL 34472

$244,900

3 bd · 2.0 ba · 1,315 sqft · SingleFamily · 70 Days on market

Built 2026 Excellent condition 10,454 sqft lot $186/sqft · at area comps Est $242k · 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).

• Appreciation +8.0/10.0
• Cash flow +7.7/30.0
• ARV discount +6.9/15.0
• Condition / age +5.0/5.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• 1% rule +2.3/10.0
• DSCR +1.8/10.0

Listing remarks MLS

Under Construction. Beautiful NEW construction home in desirable SE Ocala neighborhood, completed and move in ready. Nice lot with 3 bedrooms, 2 baths in an open concept split floor plan. Home features great curb appeal, granite counters, real wood cabinets, stainless steel appliances, luxury vinyl plank throughout, ceiling fans, upgraded light fixtures. Master suite with WIC and private bath with tiled shower. Landscape package, inside laundry, and 2 car garage. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Builder has other similar homes available as well.

Key facts

• Open concept
• New construction
• Luxury vinyl plank

Tags

• NEW CONSTRUCTION
• OPEN CONCEPT
• GRANITE COUNTERS
• REAL WOOD CABINETS
• STAINLESS STEEL APPLIANCES
• LUXURY VINYL PLANK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-288 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $203k (17.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (27.4% below list).
• Recommended offer: $178k (27.4% 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; 674 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 33% 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 + $15k 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 ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($230k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $177,786 (27.4% 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 70 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.73% ✗
• Cap rate: 4.88%
• Cash-on-cash: -5.04%
• DSCR: 0.78
• GRM: 11.5

CMA / ARV

• ARV (median comp): $241,558
• List price: $244,900
• Delta: 1.38%
• 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
6 Dogwood Drive Trl	0.40mi	3/2.0	1,315 (0%)	3mo	$249,900	$190	79
8 Dogwood Circle Pass	0.26mi	3/2.0	1,284 (-2%)	6mo	$250,000	$195	79
36 Pine Trace Loop	0.41mi	3/2.0	1,315 (0%)	15mo	$259,900	$198	68
6 Dogwood Drive Trce	0.24mi	3/2.0	1,453 (+10%)	6mo	$289,900	$200	67
10 Pine Circle Run	0.26mi	3/2.0	1,169 (-11%)	7mo	$150,000	$128	63
12 Pine Trace Ter	0.63mi	3/2.0	1,254 (-5%)	3mo	$250,000	$199	61
12 Pine Trace Way	0.60mi	3/2.0	1,400 (+6%)	2mo	$274,000	$196	60
12 Dogwood Loop Ave	0.39mi	3/2.0	1,473 (+12%)	7mo	$285,000	$193	56
26 Water Track Dr	0.67mi	3/2.0	1,473 (+12%)	11mo	$279,900	$190	40
8 Cedar Trce	0.68mi	3/2.0	1,473 (+12%)	13mo	$280,000	$190	37
36 Pine Radl	0.74mi	3/2.0	1,473 (+12%)	11mo	$270,000	$183	36
13 Cedar Tree Run	0.74mi	3/2.0	1,473 (+12%)	17mo	$285,900	$194	32

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: 1.68×
• Total profit: $46,493
• Equity at exit: $152,912

10-year hold

• IRR: 10.6%
• Equity multiple: 3.08×
• Total profit: $142,529
• Equity at exit: $276,402

Cash invested: $68,572 (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: 674
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,778 high
• Mortgage (P&I): −$1,284
• Tax est. 1.5%: −$306 /mo · $3,674/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $-288

Break-even live

Break-even rent $2,142

Max offer price $203,235

Occupancy floor —

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: $61,225
• Closing costs: $7,347
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2 Dogwood Drive Pl Ocala, FL	4.0	2.0	1608	$2,099	$1.31	21d	1	0.08mi
3 Pine Circle Pass Ocala, FL	3.0	2.0	1674	$1,700	$1.02	21d	1	0.24mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	13d	1	0.25mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	21d	1	0.26mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	0.28mi
88 Dogwood Drive Loop Ocala, FL	3.0	2.0	1659	$1,600	$0.96	21d	1	0.37mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	13d	1	0.40mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	21d	1	0.51mi
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	21d	1	0.57mi
54 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	21d	1	0.73mi
58 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	21d	1	0.74mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	13d	1	0.74mi
66 Laurel Pass Ocala, FL	2.0	2.0	974	$1,175	$1.21	21d	1	0.75mi
43 Water Track Loop Ocala, FL	3.0	2.0	1287	$1,799	$1.40	13d	1	0.80mi
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	21d	1	0.87mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	21d	1	0.89mi
11 Aspen Dr Ocala, FL	3.0	2.0	1357	$1,725	$1.27	21d	1	0.96mi
23 Aspen Dr Ocala, FL	3.0	2.0	1399	$1,650	$1.18	21d	1	1.00mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	21d	1	1.04mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	1.12mi
28 Poplar Run Ocala, FL	3.0	2.0	1473	$1,650	$1.12	13d	1	1.12mi
5 Cedar Ln Ocala, FL	3.0	2.0	1064	$1,750	$1.64	21d	1	1.14mi
60 Walnut Rd Ocala, FL	2.0	2.0	969	$1,200	$1.24	21d	1	1.14mi
52 Walnut Rd Ocala, FL	2.0	2.0	969	$1,175	$1.21	13d	1	1.15mi
31 Walnut Run Ocala, FL	2.0	2.0	974	$1,200	$1.23	13d	1	1.17mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	21d	1	1.19mi
47 Walnut Run Ocala, FL	2.0	2.0	974	$1,235	$1.27	13d	1	1.20mi
50 Walnut Run Ocala, FL	3.0	2.0	1287	$1,795	$1.39	13d	1	1.25mi
13 Pine Radial Dr Ocala, FL	3.0	2.0	1453	$1,795	$1.24	21d	1	1.30mi
9649 Bahia Rd Ocala, FL	3.0	2.0	1282	$1,595	$1.24	21d	1	1.35mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	21d	1	1.37mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	21d	1	1.43mi
43 Bahia Pass Ocala, FL	3.0	2.0	1188	$1,475	$1.24	21d	1	1.45mi

Listing history 16 events

1. 2026-06-18
   days on market $244,900 Active 70 DOM
2. 2026-06-17
   days on market $244,900 Active 69 DOM
3. 2026-06-16
   days on market $244,900 Active 68 DOM
4. 2026-06-15
   days on market $244,900 Active 67 DOM
5. 2026-06-14
   days on market $244,900 Active 65 DOM
6. 2026-06-13
   days on market $244,900 Active 64 DOM
7. 2026-06-10
   days on market $244,900 Active 62 DOM
8. 2026-06-09
   days on market $244,900 Active 61 DOM
9. 2026-06-08
   days on market $244,900 Active 60 DOM
10. 2026-06-07
    days on market $244,900 Active 59 DOM
11. 2026-06-03
    days on market $244,900 Active 55 DOM
12. 2026-06-02
    days on market $244,900 Active 54 DOM
13. 2026-06-01
    days on market $244,900 Active 53 DOM
14. 2026-05-31
    days on market $244,900 Active 52 DOM
15. 2026-05-30
    days on market $244,900 Active 51 DOM
16. 2026-04-09
    listed $244,900 Active 643-char remark

    Show marketing remark (643 chars)

    Under Construction. Beautiful NEW construction home in desirable SE Ocala neighborhood, completed and move in ready. Nice lot with 3 bedrooms, 2 baths in an open concept split floor plan. Home features great curb appeal, granite counters, real wood cabinets, stainless steel appliances, luxury vinyl plank throughout, ceiling fans, upgraded light fixtures. Master suite with WIC and private bath with tiled shower. Landscape package, inside laundry, and 2 car garage. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Builder has other similar homes available as well.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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: $21,334
• − Mortgage interest: −$13,718
• − Property taxes: −$3,674
• − Insurance: −$1,224
• − Repairs & maintenance: −$1,707
• − Management: −$1,707
• − Depreciation: −$7,124
• Taxable loss: −$7,820
• Est. tax savings @ 24.0%: +$1,877
• After-tax cash flow: $-1,579/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.

Condition & rehab AI · 3 photos

Excellent 100/100 None rehab

This is a brand-new construction home with excellent curb appeal and move-in-ready features. No repairs or maintenance are needed.

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

1 event — show timeline

• 2026-04-09 Listed $244,900 Stellar MLS as Distributed by MLS Grid