10250 SE 108th Terrace Rd · Silver Springs Shores, FL 34472

$160,000

2 bd · 1.0 ba · 856 sqft · SingleFamily public records · 183 Days on market

Built 1900 9,148 sqft lot

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Why this score? — see what drove the C+ 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 +22.1/30.0
• Appreciation +8.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +5.0/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome Home! Come see this lovely 2/1 Home that sits on almost 1/4 acre of land. The beauty has a NEW Roof, updated kitchen, and luxury vinyl wood flooring throughout the home. The home also features an attached one-car garage and spacious front porch. Schedule a showing today before this one is gone.

Key facts

• Natural light
• Prime area
• Spacious lot

Tags

• FULLY FENCED BACKYARD
• SPACIOUS LOT
• NATURAL LIGHT
• PRIME AREA
• CLOSE TO SHOPPING
• LOCAL AMENITIES

Property features AI

Finance

• Other: Property type: Residential (Single Family Residence); Zoned B2; Homestead indicated
• Financial info: No lease restrictions indicated
• HOA & community: No homeowner association reported

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Single-family residence; One story; Southeast facing; Completed condition
• Construction: Vinyl siding; Metal roof; Pillar/post/pier foundation; Building area reported as 1,490 total square feet
• Exterior features: Paved road access; Lot about 0.21 acre (0 to less than 1/4 acre); One well; One septic system

Interior

• Kitchen: Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window cooling unit(s)
• Interior features: Eat-in kitchen; Covered front porch and additional porch; Balcony
• Laundry & utility: Laundry area located outside

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $257 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (0.4% below list).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 4.7% in Silver Springs Shores — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($1k loan paydown + $9k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (5.9% appreciation + 0.2% rent growth), your $45k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 183 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $120k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
7. 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.
8. 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: 1.00% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.90%
• DSCR: 1.31
• GRM: 8.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 19.6%
• Equity multiple: 2.28×
• Total profit: $57,499
• Equity at exit: $99,901

10-year hold

• IRR: 18.0%
• Equity multiple: 4.31×
• Total profit: $148,405
• Equity at exit: $180,581

Cash invested: $44,800 (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: 8.4×

Monthly cashflow live

• Estimated rent: $1,593 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$96 /mo · $1,148/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $257

Break-even live

Break-even rent $1,268

Max offer price $160,000

Occupancy floor 79%

Sensitivity live

Price	-10% $348	-5% $303	+0% $257	+5% $212	+10% $167
Rent	-10% $132	-5% $194	+0% $257	+5% $320	+10% $383
Rate	-1.0pp $338	-0.5pp $298	base $257	+0.5pp $216	+1.0pp $174

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
80 Locust Pass Run Ocala, FL	3.0	2.0	1003	$1,595	$1.59	14d	1	0.63mi
217 Locust Pass Ln Ocala, FL	3.0	2.0	1011	$1,697	$1.68	14d	1	0.86mi
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	22d	1	1.22mi

Listing history 14 events

1. 2026-06-18
   days on market $160,000 Active 183 DOM
2. 2026-06-17
   days on market $160,000 Active 182 DOM
3. 2026-06-16
   days on market $160,000 Active 181 DOM
4. 2026-06-15
   days on market $160,000 Active 180 DOM
5. 2026-06-14
   days on market $160,000 Active 178 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   days on market $160,000 Active 177 DOM
8. 2026-06-10
   days on market $160,000 Active 175 DOM
9. 2026-06-09
   days on market $160,000 Active 174 DOM
10. 2026-06-08
    days on market $160,000 Active 173 DOM
11. 2026-06-07
    days on market $160,000 Active 172 DOM
12. 2026-06-03
    days on market $160,000 Active 168 DOM
13. 2026-06-02
    remarks 599-char remark
14. 2026-06-02
    listed $160,000 Active 167 DOM

ⓘ 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: $1,148 · $96/mo
• Projected year-2 tax: $1,328 · $111/mo
• Expected delta: +$180/yr (+$15/mo · 15.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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: $19,121
• − Mortgage interest: −$8,962
• − Property taxes: −$1,148
• − Insurance: −$800
• − Repairs & maintenance: −$1,530
• − Management: −$1,530
• − Depreciation: −$4,655
• Taxable income: $497
• Est. tax owed @ 24.0%: −$119
• After-tax cash flow: $2,970/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

• 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

+1500.0% since first listed

34 events — show timeline

• 2026-06-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-31 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-30 Sold (Public Records) $120,000 Public Records
• 2022-08-29 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-07-27 Price Changed $119,500 Stellar MLS as Distributed by MLS Grid
• 2022-07-20 Price Changed $124,500 Stellar MLS as Distributed by MLS Grid
• 2022-07-20 Price Changed $128,500 Stellar MLS as Distributed by MLS Grid
• 2022-07-12 Price Changed $130,500 Stellar MLS as Distributed by MLS Grid
• 2022-07-08 Price Changed $140,500 Stellar MLS as Distributed by MLS Grid
• 2022-07-01 Price Changed $143,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-24 Price Changed $146,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-20 Listed $149,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-06 Price Changed $162,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-02 Price Changed $172,500 Stellar MLS as Distributed by MLS Grid
• 2022-05-27 Price Changed $175,500 Stellar MLS as Distributed by MLS Grid
• 2022-05-24 Listed $179,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-26 Price Changed $113,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-13 Price Changed $114,500 Stellar MLS as Distributed by MLS Grid
• 2021-08-06 Price Changed $116,500 Stellar MLS as Distributed by MLS Grid
• 2021-07-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-07-27 Listed $119,500 Stellar MLS as Distributed by MLS Grid
• 2021-07-02 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
• 2021-05-28 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2021-05-19 Price Changed $127,500 Stellar MLS as Distributed by MLS Grid
• 2021-04-29 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2020-09-15 Sold (Public Records) $45,000 Public Records
• 2020-09-09 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
• 2019-08-02 Listed $54,900 Stellar MLS as Distributed by MLS Grid
• 2019-04-09 Sold (MLS) $30,000 Stellar MLS as Distributed by MLS Grid
• 2019-03-09 Listed $35,000 Stellar MLS as Distributed by MLS Grid
• 1986-12-01 Sold (Public Records) $23,000 Public Records
• 1977-04-01 Sold (Public Records) $10,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $1,148 · +108.1% YoY. Source: county tax records.