🏗️ New Construction
206 Emerald Loop Way · Silver Springs Shores, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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
- ARV discount +7.5/15.0
- Cash flow +6.8/30.0
- Condition / age +4.8/5.0
- Livability +3.4/5.0
- Schools +3.2/10.0
- Rent growth +2.5/5.0
- 1% rule +1.8/10.0
- DSCR +1.0/10.0
$249,888
206 Emerald Loop Way · Silver Springs Shores, FL 34472
3 bd · 2.0 ba · 1,477 sqft · SingleFamily
· 128 Days on market
Built 2026
10,454 sqft lot
2-car garage
↓ 6% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to our Prescott floor plan. The thoughtfully designed single-story home offers effortless flow and modern finishes. This open-concept layout connects the kitchen, dining, and living areas, creating a bright and inviting central space for daily living and entertaining. The kitchen features white shaker cabinets, granite countertops, and stainless steel appliances. The private owner's suite includes a walk-in closet and an ensuite bath with dual vanities. Two additional bedrooms provide flexible space for whatever fits your needs. The covered patio provides relaxing outdoor space and easy access to the back yard. With its functional layout and timeless style, the Prescott delivers comfort and convenience, all on one level.
Key facts
- Quartz countertops
- Private bath
- Open layout
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction.
The $249,888 list price is a builder
figure, so every metric below is computed on the value from
comparable previous sales — $259,560.
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $250k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-409 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $200k (19.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $175k (29.9% below list).
- Recommended offer: $175k (29.9% 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: Emerald Shores Elementary School (math 30% / reading 34%, grade F, #1,797 of 2,144 statewide, top 86%, 666 students, 74% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
- Market conditions: Rents flat; 856 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $17k 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 ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 128 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer
$175,261
(29.9% below list)
Questions for the listing agent
- 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?
- It's been on market 128 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.68% ✗
- Cap rate
- 4.40%
- Cash-on-cash
- -6.76%
- DSCR
- 0.70
- GRM
- 12.3
CMA / ARV
- ARV (median comp)
- $259,560
- List price
- $249,888
- Delta
- -3.73%
- 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 |
|---|---|---|---|---|---|---|---|
| 212 Emerald Loop Way | 0.01mi | 3/2.0 | 1,479 (+0%) | 0mo | $166,000 | $112 | 99 |
| 267 Oak Lane Way | 0.06mi | 3/2.0 | 1,354 (-8%) | 2mo | $270,000 | $199 | 82 |
| 198 Oak Lane Loop | 0.18mi | 3/2.0 | 1,546 (+5%) | 3mo | $254,900 | $165 | 81 |
| 205 Emerald Rd | 0.36mi | 3/2.0 | 1,380 (-7%) | 4mo | $239,900 | $174 | 69 |
| 254 Oak Lane Cir | 0.64mi | 3/2.0 | 1,439 (-3%) | 2mo | $285,000 | $198 | 64 |
| 206 Locust Pass Ln | 0.52mi | 3/2.0 | 1,362 (-8%) | 3mo | $244,700 | $180 | 60 |
| 230 Locust Pass Crse | 0.68mi | 3/2.0 | 1,546 (+5%) | 2mo | $247,900 | $160 | 59 |
| 311 Oak Lane Pass | 0.57mi | 3/2.0 | 1,671 (+13%) | 2mo | $285,000 | $171 | 50 |
| 208 Locust Pass | 0.44mi | 4/2.0 (+1) | 1,696 (+15%) | 1mo | $279,899 | $165 | 49 |
| 233 Locust Pass Dr | 0.63mi | 3/2.0 | 1,298 (-12%) | 3mo | $238,000 | $183 | 48 |
| 303 Oak Track Trl | 0.59mi | 3/2.0 | 1,697 (+15%) | 0mo | $258,000 | $152 | 48 |
| 234 Locust Ln | 0.68mi | 4/2.0 (+1) | 1,652 (+12%) | 0mo | $297,000 | $180 | 43 |
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
- 8.8%
- Equity multiple
- 1.59×
- Total profit
- $43,013
- Equity at exit
- $162,065
10-year hold
- IRR
- 9.6%
- Equity multiple
- 2.91×
- Total profit
- $138,482
- Equity at exit
- $292,948
Cash invested: $72,677 (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.
Balanced market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 18 active · 19 under contract
- Months of supply
- 4.9 mo (20%/mo absorbed)
- Median asking
- $259,394 ($182/sqft)
- Median days on market
- 104 d
- This list price
- 28% of active listings are priced below it
- ARV vs active asking
- -3.6% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34472
- Home prices YoY
- 2.4%
- Rents YoY
- 0.2%
- Active inventory
- 856
- Price-to-rent
- 11.9×
Monthly cashflow live
↻
- Estimated rent
- $1,753 high interval (Pro) →
- Mortgage (P&I)
- −$1,361
- Tax est. 1.5%
- −$324 /mo · $3,893/yr
- Insurance
- −$108
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$368
- Net cashflow
- $-409
Break-even live
Break-even rent
$2,271
Max offer price
$200,348
Occupancy floor
—
Sensitivity live
| Price | -10% $-230 | -5% $-320 | +0% $-409 | +5% $-499 | +10% $-589 |
|---|---|---|---|---|---|
| Rent | -10% $-548 | -5% $-478 | +0% $-409 | +5% $-340 | +10% $-271 |
| Rate | -1.0pp $-278 | -0.5pp $-343 | base $-409 | +0.5pp $-476 | +1.0pp $-545 |
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
- $64,890
- Closing costs
- $7,787
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 202 Oak Lane Cir Ocala, FL | 3.0 | 2.0 | 1232 | $1,650 | $1.34 | 63d | 1 | 0.43mi |
| 217 Locust Pass Crse Ocala, FL | 3.0 | 2.0 | 1232 | $1,650 | $1.34 | 63d | 1 | 0.57mi |
| 310 Oak Lane Pass Ocala, FL | 2.0 | 2.0 | 988 | $1,325 | $1.34 | 70d | 1 | 0.58mi |
| 217 Locust Pass Ln Ocala, FL | 3.0 | 2.0 | 1011 | $1,697 | $1.68 | 63d | 1 | 0.60mi |
| 219 Locust Ln Ocala, FL | 3.0 | 2.0 | 1232 | $1,650 | $1.34 | 63d | 1 | 0.81mi |
| 80 Locust Pass Run Ocala, FL | 3.0 | 2.0 | 1003 | $1,595 | $1.59 | 63d | 1 | 0.84mi |
| 325 Oak Track Ct Ocala, FL | 3.0 | 2.0 | 1163 | $1,550 | $1.33 | 70d | 1 | 0.97mi |
| 342 Locust Pass Ocala, FL | 3.0 | 2.0 | 1232 | $1,650 | $1.34 | 63d | 1 | 1.16mi |
| 27 Sapphire Run Ocala, FL | 3.0 | 2.0 | 1255 | $1,500 | $1.20 | 70d | 1 | 1.17mi |
Property features AI
Exterior
- Parking
- Attached 2-car garage
- Security
- Smoke detector(s)
- Utilities
- Well waterSeptic tankElectricity availableBroadband/high-speed internet availableWater and sewer available
- Home design
- Single family residenceOne storyUnder construction (projected completion July 28, 2026)Faces southeast
- Construction
- New constructionStucco and vinyl siding exteriorShingle roofSlab foundationBuilt by Century Complete (model: Prescott)
- Exterior features
- Covered patioPatioOther exterior features
Interior
- Kitchen
- DishwasherMicrowaveRange
- Bedrooms
- 3 bedrooms
- Flooring
- CarpetVinyl
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Electric heatingCentral air conditioning
- Interior features
- Open floorplanSmoke detector(s)
- Laundry & utility
- Washer hookupElectric dryer hookupDedicated laundry room
Listing history 50 events
-
2026-08-08days on market $249,888 Active 128 DOM
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2026-08-07days on market $249,888 Active 127 DOM
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2026-08-06days on market $249,888 Active 126 DOM
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2026-08-05days on market $249,888 Active 125 DOM
-
2026-08-04days on market $249,888 Active 124 DOM
-
2026-08-03days on market $249,888 Active 123 DOM
-
2026-07-31days on market $249,888 Active 120 DOM
-
2026-07-30days on market $249,888 Active 119 DOM
-
2026-07-29days on market $249,888 Active 118 DOM
-
2026-07-27days on market $249,888 Active 116 DOM
-
2026-07-25days on market $249,888 Active 114 DOM
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2026-07-23days on market $249,888 Active 112 DOM
-
2026-07-22days on market $249,888 Active 111 DOM
-
2026-07-21days on market $249,888 Active 110 DOM
-
2026-07-18days on market $249,888 Active 107 DOM
-
2026-07-16days on market $249,888 Active 105 DOM
-
2026-07-16days on market $249,888 Active 104 DOM
-
2026-07-14days on market $249,888 Active 103 DOM
-
2026-07-13days on market $249,888 Active 102 DOM
-
2026-07-12days on market $249,888 Active 101 DOM
-
2026-07-11days on market $249,888 Active 100 DOM
-
2026-07-10days on market $249,888 Active 99 DOM
-
2026-07-10days on market $249,888 Active 98 DOM
-
2026-07-08days on market $249,888 Active 97 DOM
-
2026-07-07days on market $249,888 Active 96 DOM
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2026-07-06days on market $249,888 Active 95 DOM
-
2026-07-05days on market $249,888 Active 94 DOM
-
2026-07-04days on market $249,888 Active 93 DOM
-
2026-07-03days on market $249,888 Active 92 DOM
-
2026-07-02days on market $249,888 Active 91 DOM
-
2026-07-01days on market $249,888 Active 90 DOM
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2026-06-30days on market $249,888 Active 89 DOM
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2026-06-29days on market $249,888 Active 88 DOM
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2026-06-28days on market $249,888 Active 87 DOM
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2026-06-28days on market $249,888 Active 86 DOM
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2026-06-27days on market $249,888 Active 85 DOM
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2026-06-25pricedays on market $249,888 Active 83 DOM
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2026-06-23days on market $264,990 Active 81 DOM
Show marketing remark (738 chars)
Welcome to our Prescott floor plan. The thoughtfully designed single-story home offers effortless flow and modern finishes. This open-concept layout connects the kitchen, dining, and living areas, creating a bright and inviting central space for daily living and entertaining. The kitchen features white shaker cabinets, granite countertops, and stainless steel appliances. The private owner's suite includes a walk-in closet and an ensuite bath with dual vanities. Two additional bedrooms provide flexible space for whatever fits your needs. The covered patio provides relaxing outdoor space and easy access to the back yard. With its functional layout and timeless style, the Prescott delivers comfort and convenience, all on one level.
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2026-06-21days on market $264,990 Active 80 DOM
-
2026-06-18days on market $264,990 Active 77 DOM
-
2026-06-17days on market $264,990 Active 76 DOM
-
2026-06-16days on market $264,990 Active 75 DOM
-
2026-06-15days on market $264,990 Active 74 DOM
-
2026-06-14days on market $264,990 Active 72 DOM
-
2026-06-13days on market $264,990 Active 71 DOM
-
2026-06-10days on market $264,990 Active 69 DOM
-
2026-06-09days on market $264,990 Active 68 DOM
-
2026-06-08days on market $264,990 Active 67 DOM
-
2026-06-07days on market $264,990 Active 66 DOM
-
2026-06-03days on market $264,990 Active 62 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $21,031
- − Mortgage interest
- −$14,539
- − Property taxes
- −$3,893
- − Insurance
- −$1,298
- − Repairs & maintenance
- −$1,683
- − Management
- −$1,683
- − Depreciation
- −$7,551
- Taxable loss
- −$9,615
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$2,308
- After-tax cash flow
- $-2,603/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 · 17 photos
95/100
None rehab
This single-story home in Silver Springs Shores is in excellent condition with a modern and open floor plan. It offers a well-maintained exterior, neutral paint colors, and hardwood flooring. The home is move-in ready and would benefit from minor updates to the exterior and interior to further enhance its curb appeal and value.
Value-add opportunities
- Both Painting the exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Updating the flooring in the bedrooms — Improves the overall look and feel of the home ↑
- Both Upgrading the kitchen appliances — Modernizes the kitchen and adds value ↑
- Both Adding smart home features — Enhances convenience and adds value ↑
F
Composite school gradezoned avg 32/100
Zoned Schools
Elementary
Emerald Shores Elementary School
F
FL #1,797/2,144
Nat'l #24,950/41,679
Middle
Lake Weir Middle School
F
FL #416/571
Nat'l #7,460/14,009
High
Lake Weir High School
F
FL #458/667
Nat'l #11,681/17,239
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
C
Composite livability gradescore 68/100
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 · 365,905 people
- City population
- 34,665
- Metro
- Ocala, FL
- Population (ZIP)
- 35,851
- Household income
- $64,208
- Rent vs Own
- Severe rent burden
- 14% of renters
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
-5.7% since first listed4 events — show timeline
- 2026-06-23 Price Changed $249,888 Stellar MLS as Distributed by MLS Grid
- 2026-06-23 Price Changed $249,888 Zillow
- 2026-04-02 Listed $264,990 Stellar MLS as Distributed by MLS Grid
- 2026-04-01 Listed $264,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…