94 Dogwood Drive Loop · Silver Springs Shores, FL 34472

$238,000

3 bd · 2.0 ba · 1,091 sqft · SingleFamily · 19 Days on market

Built 2026 0.29 ac lot Est $201k · 19% 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 +7.1/30.0
• 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 +1.3/10.0
• ARV discount +0.0/15.0

Listing remarks

NEW, NEW, NEW! New Construction! New ENHANCED FLOOR PLAN! New REIMAGINED FEATURES! This home blends a timeless design with modern living. 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! Durable ceramic tile flooring flows seamlessly throughout the home. The kitchen boasts stainless steel appliances, sleek quartz countertops, ample cabinetry, breakfast bar and a spacious pantry. Do laundry with ease in the air-conditioned laundry room. The bedrooms have all been expanded to maximize living space. An impressive, attached garage provides convenience and ample storage. This home rests on just under

Key facts

• Quartz countertops
• Ample cabinetry
• Cathedral ceiling

Tags

• CATHEDRAL CEILING
• CERAMIC TILE FLOORING
• STAINLESS STEEL APPLIANCES
• QUARTZ COUNTERTOPS
• AMPLE CABINETRY
• BREAKFAST BAR

Property features AI

Finance

• Other: Home warranty included
• HOA & community: No association

Exterior

• Parking: Driveway; Oversized parking; Attached 1-car garage
• Utilities: Well water; Septic tank; Electricity connected; Water connected
• Home design: Single-family residence; One story; East-facing
• Construction: Stucco and frame construction; Shingle roof; Slab foundation; New construction; Built by 57 Investment Group (model: The Legacy)
• Exterior features: Front porch; Rear porch; Sidewalk; Cleared, paved lot

Interior

• Kitchen: Dishwasher; Microwave; Range; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Cathedral ceilings; Open floorplan; Split-bedroom layout
• Laundry & utility: Washer hookup; Electric dryer hookup; Indoor laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $238k.

Deal economics

• At list price, monthly cash flow is $-342 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $189k (20.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (30.7% below list).
• Recommended offer: $165k (30.7% 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: Legacy Elementary School (math 35% / reading 35%, grade F, #1,697 of 2,144 statewide, top 80%, 716 students, 72% FRL); Forest High School (math 36% / reading 54%, grade D-, #228 of 667 statewide, top 35%, 2,325 students, 42% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: Rents flat; 682 active listings in the ZIP; 24 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

• It's been on market 19 days — a 2% lower offer ($234k) 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 $164,927 (30.7% 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: 4.57%
• Cash-on-cash: -6.16%
• DSCR: 0.73
• GRM: 12.0

CMA / ARV

• ARV (on-the-fly): $200,744
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17 Dogwood Drive Ct	0.24mi	3/2.0	1,091 (0%)	3mo	$237,000	$217	86
97 Dogwood Cir	0.31mi	3/2.0	1,014 (-7%)	12mo	$228,000	$225	64
48 Pine Trace Loop	0.54mi	3/2.0	1,052 (-4%)	15mo	$194,000	$184	56
10 Pine Circle Run	0.59mi	3/2.0	1,169 (+7%)	8mo	$150,000	$128	54
9 Pine Circle Dr	0.67mi	3/2.0	1,116 (+2%)	18mo	$180,000	$161	49
15 Dogwood Trail Ter	0.75mi	3/2.0	1,008 (-8%)	8mo	$185,000	$184	46

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: 9.3%
• Equity multiple: 1.62×
• Total profit: $41,449
• Equity at exit: $148,603

10-year hold

• IRR: 10.0%
• Equity multiple: 2.97×
• Total profit: $131,014
• Equity at exit: $268,614

Cash invested: $66,640 (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: $1,649 high
• Mortgage (P&I): −$1,248
• Tax est. 1.5%: −$298 /mo · $3,570/yr
• Insurance: −$99
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $-342

Break-even live

Break-even rent $2,082

Max offer price $188,535

Occupancy floor —

Sensitivity live

Price	-10% $-177	-5% $-260	+0% $-342	+5% $-424	+10% $-506
Rent	-10% $-472	-5% $-407	+0% $-342	+5% $-277	+10% $-212
Rate	-1.0pp $-222	-0.5pp $-281	base $-342	+0.5pp $-404	+1.0pp $-466

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: $59,500
• Closing costs: $7,140
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	22d	1	0.20mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	22d	1	0.34mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	22d	1	0.47mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	15d	1	0.47mi
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	22d	1	0.55mi
54 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	22d	1	0.56mi
58 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	22d	1	0.58mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	0.59mi
66 Laurel Pass Ocala, FL	2.0	2.0	974	$1,175	$1.21	22d	1	0.60mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	15d	1	0.66mi
11 Aspen Dr Ocala, FL	3.0	2.0	1357	$1,725	$1.27	22d	1	0.73mi
23 Aspen Dr Ocala, FL	3.0	2.0	1399	$1,650	$1.18	22d	1	0.74mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	22d	1	1.10mi
60 Walnut Rd Ocala, FL	2.0	2.0	969	$1,200	$1.24	22d	1	1.10mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	15d	1	1.11mi
31 Walnut Run Ocala, FL	2.0	2.0	974	$1,200	$1.23	15d	1	1.12mi
52 Walnut Rd Ocala, FL	2.0	2.0	969	$1,175	$1.21	15d	1	1.12mi
28 Poplar Run Ocala, FL	3.0	2.0	1473	$1,650	$1.12	15d	1	1.13mi
43 Water Track Loop Ocala, FL	3.0	2.0	1287	$1,799	$1.40	15d	1	1.14mi
47 Walnut Run Ocala, FL	2.0	2.0	974	$1,235	$1.27	15d	1	1.18mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.22mi
50 Walnut Run Ocala, FL	3.0	2.0	1287	$1,795	$1.39	15d	1	1.24mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	22d	1	1.33mi
123 Juniper Loop Ocala, FL	3.0	2.0	1445	$1,695	$1.17	22d	1	1.48mi

Listing history 13 events

1. 2026-06-21
   days on market $238,000 Active 19 DOM
2. 2026-06-18
   days on market $238,000 Active 16 DOM
3. 2026-06-17
   days on market $238,000 Active 15 DOM
4. 2026-06-16
   days on market $238,000 Active 14 DOM
5. 2026-06-15
   days on market $238,000 Active 13 DOM
6. 2026-06-14
   days on market $238,000 Active 11 DOM
7. 2026-06-13
   days on market $238,000 Active 10 DOM
8. 2026-06-10
   days on market $238,000 Active 8 DOM
9. 2026-06-09
   days on market $238,000 Active 7 DOM
10. 2026-06-08
    days on market $238,000 Active 6 DOM
11. 2026-06-07
    days on market $238,000 Active 5 DOM
12. 2026-06-03
    remarks 699-char remark
13. 2026-06-03
    listed $238,000 Active 1 DOM

ⓘ 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 3/10 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: $19,791
• − Mortgage interest: −$13,332
• − Property taxes: −$3,570
• − Insurance: −$1,190
• − Repairs & maintenance: −$1,583
• − Management: −$1,583
• − Depreciation: −$6,924
• Taxable loss: −$8,391
• Est. tax savings @ 24.0%: +$2,014
• After-tax cash flow: $-2,088/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

1 event — show timeline

• 2026-06-02 Listed $238,000 Stellar MLS as Distributed by MLS Grid