9 Hemlock Terrace Ln · Silver Springs Shores, FL 34472

$269,999

3 bd · 2.0 ba · 1,453 sqft · Land · 357 Days on market

Built 2025 0.26 ac lot $186/sqft · 12% above area Est $242k · 12% over ↓ 5% since listing

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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 +9.6/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• DSCR +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.3/15.0
• 1% rule +1.6/10.0

Listing remarks MLS

Under Construction. Under Construction. Introducing a brand new construction block home that offers modern comfort and style in a convenient location. This 3-bedroom, 2-bathroom home with a 2-car garage is situated on a large corner lot, providing ample space and privacy for its residents. Step inside to discover the elegance of granite kitchen counters and bathroom sink counters, adding sophistication to the heart of the home. Real tile floors in both bathrooms offer durability and a touch of luxury, while all bedrooms are equipped with ceiling fans for added comfort. Enjoy the Florida weather on the covered rear porch, overlooking the spacious backyard. The property features a private well and septic system, offering independence and efficiency. Located just 5 minutes away from food shopping, banking, and restaurants, this home provides convenience and accessibility with paved roads for easy commuting. With 1453 square feet under air and 2080 square feet under the roofline, this home offers ample living space for its residents. The luxury vinyl planks for flooring provide a modern touch, and the split floor plan enhances privacy and functionality. This new construction home comes with a builder warranty for added peace of mind and is expected to be completed within 30 days of signed contract. Don't miss the opportunity to own this beautiful home that combines modern features, quality construction, and a convenient location for a comfortable and stylish Florida lifestyle. NOTE: The house pictured here is what the home will look like completed. This is not the actual home, but one that similar in colors as the one being built.

Key facts

• Private well
• Paved roads
• Real tile floors

Tags

• GRANITE KITCHEN COUNTERS
• REAL TILE FLOORS
• COVERED REAR PORCH
• PRIVATE WELL
• SEPTIC SYSTEM
• PAVED ROADS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $270k.

Deal economics

• At list price, monthly cash flow is $-183 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $238k (12.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (34.0% below list).
• Recommended offer: $178k (34.0% 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: Greenway Elementary School (math 33% / reading 35%, grade F, #1,744 of 2,144 statewide, top 82%, 736 students, 67% FRL); Fort King Middle School (math 37% / reading 35%, grade F, #410 of 571 statewide, top 72%, 1,092 students, 71% FRL); Forest High School (math 36% / reading 54%, grade D-, #228 of 667 statewide, top 35%, 2,325 students, 42% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: Rents flat; 683 active listings in the ZIP; 21 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 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 $18k of equity ($2k loan paydown + $16k 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 ~$44k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 357 days — a 12% lower offer ($238k) 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 $178,331 (34.0% 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 357 days. Have you received any prior offers? Is the seller open to a 34% 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: 0.66% ✗
• Cap rate: 5.48%
• Cash-on-cash: -2.91%
• DSCR: 0.87
• GRM: 12.6

CMA / ARV

• ARV (median comp): $241,895
• List price: $269,999
• Delta: 11.62%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.80×
• Total profit: $60,126
• Equity at exit: $168,583

10-year hold

• IRR: 12.0%
• Equity multiple: 3.34×
• Total profit: $177,072
• Equity at exit: $304,729

Cash invested: $75,600 (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: 12.6×

Monthly cashflow live

• Estimated rent: $1,783 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$64 /mo · $763/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $-183

Break-even live

Break-even rent $2,015

Max offer price $237,635

Occupancy floor —

Sensitivity live

Price	-10% $-30	-5% $-107	+0% $-183	+5% $-260	+10% $-336
Rent	-10% $-324	-5% $-254	+0% $-183	+5% $-113	+10% $-42
Rate	-1.0pp $-47	-0.5pp $-115	base $-183	+0.5pp $-253	+1.0pp $-324

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	23d	1	0.33mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	23d	1	0.39mi
45 Redwood Run Ocala, FL	3.0	2.0	1435	$1,695	$1.18	23d	1	0.63mi
5614 Pecan Rd Ocala, FL	3.0	2.0	1337	$1,595	$1.19	23d	1	0.70mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	0.77mi
19 Pecan Pass Ter Ocala, FL	3.0	2.0	1368	$1,750	$1.28	23d	1	0.83mi
36 Pecan Run Crse Ocala, FL	3.0	2.0	1188	$1,850	$1.56	15d	1	1.03mi
96 Redwood Rd Ocala, FL	3.0	2.0	1188	$1,650	$1.39	15d	1	1.04mi
492 Hickory Course Loop Ocala, FL	4.0	2.0	1483	$1,750	$1.18	23d	1	1.05mi
106 Redwood Track Crse Ocala, FL	3.0	2.0	1412	$1,675	$1.19	15d	1	1.08mi
149 Hickory Course Cir Ocala, FL	4.0	2.0	1827	$2,100	$1.15	15d	1	1.11mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	23d	1	1.12mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	23d	1	1.16mi
136 Hickory Course Loop Ocala, FL	4.0	2.0	1828	$1,990	$1.09	15d	1	1.17mi
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	23d	1	1.22mi
308 Hickory Course Radl Ocala, FL	3.0	2.0	1397	$1,650	$1.18	23d	1	1.32mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	23d	1	1.34mi
88 Dogwood Drive Loop Ocala, FL	3.0	2.0	1659	$1,600	$0.96	23d	1	1.41mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.45mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	23d	1	1.46mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	23d	1	1.48mi

Listing history 18 events

1. 2026-06-22
   days on market $269,999 Active 357 DOM
2. 2026-06-18
   days on market $269,999 Active 354 DOM
3. 2026-06-17
   days on market $269,999 Active 353 DOM
4. 2026-06-16
   days on market $269,999 Active 352 DOM
5. 2026-06-15
   days on market $269,999 Active 351 DOM
6. 2026-06-14
   days on market $269,999 Active 349 DOM
7. 2026-06-13
   days on market $269,999 Active 348 DOM
8. 2026-06-10
   days on market $269,999 Active 346 DOM
9. 2026-06-09
   days on market $269,999 Active 345 DOM
10. 2026-06-08
    days on market $269,999 Active 344 DOM
11. 2026-06-07
    days on market $269,999 Active 343 DOM
12. 2026-06-03
    days on market $269,999 Active 339 DOM
13. 2026-06-02
    days on market $269,999 Active 338 DOM
14. 2026-05-31
    days on market $269,999 Active 336 DOM
15. 2026-05-30
    days on market $269,999 Active 335 DOM
16. 2025-08-20
    price $269,999 1654-char remark

    Show marketing remark (1654 chars)

    Under Construction. Under Construction. Introducing a brand new construction block home that offers modern comfort and style in a convenient location. This 3-bedroom, 2-bathroom home with a 2-car garage is situated on a large corner lot, providing ample space and privacy for its residents. Step inside to discover the elegance of granite kitchen counters and bathroom sink counters, adding sophistication to the heart of the home. Real tile floors in both bathrooms offer durability and a touch of luxury, while all bedrooms are equipped with ceiling fans for added comfort. Enjoy the Florida weather on the covered rear porch, overlooking the spacious backyard. The property features a private well and septic system, offering independence and efficiency. Located just 5 minutes away from food shopping, banking, and restaurants, this home provides convenience and accessibility with paved roads for easy commuting. With 1453 square feet under air and 2080 square feet under the roofline, this home offers ample living space for its residents. The luxury vinyl planks for flooring provide a modern touch, and the split floor plan enhances privacy and functionality. This new construction home comes with a builder warranty for added peace of mind and is expected to be completed within 30 days of signed contract. Don't miss the opportunity to own this beautiful home that combines modern features, quality construction, and a convenient location for a comfortable and stylish Florida lifestyle. NOTE: The house pictured here is what the home will look like completed. This is not the actual home, but one that similar in colors as the one being built.

17. 2025-07-30
    price $278,900 1654-char remark

    Show marketing remark (1654 chars)

    Under Construction. Under Construction. Introducing a brand new construction block home that offers modern comfort and style in a convenient location. This 3-bedroom, 2-bathroom home with a 2-car garage is situated on a large corner lot, providing ample space and privacy for its residents. Step inside to discover the elegance of granite kitchen counters and bathroom sink counters, adding sophistication to the heart of the home. Real tile floors in both bathrooms offer durability and a touch of luxury, while all bedrooms are equipped with ceiling fans for added comfort. Enjoy the Florida weather on the covered rear porch, overlooking the spacious backyard. The property features a private well and septic system, offering independence and efficiency. Located just 5 minutes away from food shopping, banking, and restaurants, this home provides convenience and accessibility with paved roads for easy commuting. With 1453 square feet under air and 2080 square feet under the roofline, this home offers ample living space for its residents. The luxury vinyl planks for flooring provide a modern touch, and the split floor plan enhances privacy and functionality. This new construction home comes with a builder warranty for added peace of mind and is expected to be completed within 30 days of signed contract. Don't miss the opportunity to own this beautiful home that combines modern features, quality construction, and a convenient location for a comfortable and stylish Florida lifestyle. NOTE: The house pictured here is what the home will look like completed. This is not the actual home, but one that similar in colors as the one being built.

18. 2025-06-29
    listed $284,000 Active 1654-char remark

    Show marketing remark (1654 chars)

    Under Construction. Under Construction. Introducing a brand new construction block home that offers modern comfort and style in a convenient location. This 3-bedroom, 2-bathroom home with a 2-car garage is situated on a large corner lot, providing ample space and privacy for its residents. Step inside to discover the elegance of granite kitchen counters and bathroom sink counters, adding sophistication to the heart of the home. Real tile floors in both bathrooms offer durability and a touch of luxury, while all bedrooms are equipped with ceiling fans for added comfort. Enjoy the Florida weather on the covered rear porch, overlooking the spacious backyard. The property features a private well and septic system, offering independence and efficiency. Located just 5 minutes away from food shopping, banking, and restaurants, this home provides convenience and accessibility with paved roads for easy commuting. With 1453 square feet under air and 2080 square feet under the roofline, this home offers ample living space for its residents. The luxury vinyl planks for flooring provide a modern touch, and the split floor plan enhances privacy and functionality. This new construction home comes with a builder warranty for added peace of mind and is expected to be completed within 30 days of signed contract. Don't miss the opportunity to own this beautiful home that combines modern features, quality construction, and a convenient location for a comfortable and stylish Florida lifestyle. NOTE: The house pictured here is what the home will look like completed. This is not the actual home, but one that similar in colors as the one being built.

ⓘ 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: $763 · $64/mo
• Projected year-2 tax: $2,241 · $187/mo
• Expected delta: +$1,478/yr (+$123/mo · 193.6%)

ⓘ 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 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: $21,400
• − Mortgage interest: −$15,124
• − Property taxes: −$763
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,712
• − Management: −$1,712
• − Depreciation: −$7,855
• Taxable loss: −$7,116
• Est. tax savings @ 24.0%: +$1,708
• After-tax cash flow: $-491/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

-4.9% since first listed

3 events — show timeline

• 2025-08-20 Price Changed $269,999 Stellar MLS as Distributed by MLS Grid
• 2025-07-30 Price Changed $278,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-29 Listed $284,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+18.6%/yr

Latest (2025): $763 · +138.2% YoY. Source: county tax records.