212 Emerald Loop Way · Silver Springs Shores, FL 34472

$154,000

3 bd · 2.0 ba · 1,479 sqft · SingleFamily public records · 6 Days on market

Built 2007 0.26 ac lot Est $274k · 44% under ↓ 27% since listing

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Why this score? — see what drove the B- 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 +20.7/30.0
• ARV discount +15.0/15.0
• Appreciation +8.0/10.0
• DSCR +6.6/10.0
• 1% rule +6.4/10.0
• 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

Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

Key facts

• Enclosed back porch
• Split bedroom plan
• 0.26 acre lot

Tags

• PARTIALLY FENCED BACK YARD
• SPLIT BEDROOM PLAN
• ENCLOSED BACK PORCH

Property features AI

Finance

• Other: Unfurnished; Living area reported as 1,479 (public records); Total building area reported as 2,172 (public records)
• HOA & community: No HOA indicated

Exterior

• Parking: Attached 2-car garage
• Utilities: Well water; Septic tank sewer; Electricity available
• Home design: Single-family residence; One story; Faces southeast; Residential zoning (R1)
• Construction: Concrete and stucco construction; Shingle roof; Slab foundation; Built on a 0.26-acre lot (approx. 90 x 125)
• Exterior features: Sliding doors; Paved road access

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms
• Flooring: Concrete floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $154k.

Deal economics

• At list price, monthly cash flow is $83 ($992/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $154k).
• Cap rate 7.9% 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; 674 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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 $10k 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 $43k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 19y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major 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 $154,000

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 7.91%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $273,615
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
267 Oak Lane Way	0.05mi	3/2.0	1,354 (-8%)	1mo	$270,000	$199	83
205 Emerald Rd	0.35mi	3/2.0	1,380 (-7%)	3mo	$239,900	$174	70
235 Oak Lane Loop	0.32mi	3/2.0	1,445 (-2%)	15mo	$155,000	$107	69
226 Locust Ln	0.74mi	3/2.0	1,550 (+5%)	10mo	$287,000	$185	49
233 Locust Pass Dr	0.64mi	3/2.0	1,298 (-12%)	2mo	$238,000	$183	48
235 Locust Pass Ln	0.74mi	3/2.0	1,380 (-7%)	13mo	$255,000	$185	44
275 Emerald Rd	0.35mi	4/2.0 (+1)	1,683 (+14%)	22mo	$296,000	$176	38
316 Oak Lane Pass	0.62mi	3/2.0	1,328 (-10%)	24mo	$270,000	$203	34

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: 15.6%
• Equity multiple: 2.03×
• Total profit: $44,433
• Equity at exit: $96,155

10-year hold

• IRR: 14.6%
• Equity multiple: 3.74×
• Total profit: $118,308
• Equity at exit: $173,809

Cash invested: $43,120 (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: 7.3×

Monthly cashflow live

• Estimated rent: $1,753 high
• Mortgage (P&I): −$808
• Tax from tax record: −$305 /mo · $3,659/yr
• Insurance: −$64
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $83

Break-even live

Break-even rent $1,648

Max offer price $154,000

Occupancy floor 90%

Sensitivity live

Price	-10% $170	-5% $126	+0% $83	+5% $39	+10% $-4
Rent	-10% $-56	-5% $13	+0% $83	+5% $152	+10% $221
Rate	-1.0pp $160	-0.5pp $122	base $83	+0.5pp $43	+1.0pp $2

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: $38,500
• Closing costs: $4,620
• Reserves months: —
• Total cash needed: —

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	14d	1	0.43mi
217 Locust Pass Crse Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	0.57mi
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	21d	1	0.58mi
217 Locust Pass Ln Ocala, FL	3.0	2.0	1011	$1,697	$1.68	14d	1	0.60mi
219 Locust Ln Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	0.81mi
80 Locust Pass Run Ocala, FL	3.0	2.0	1003	$1,595	$1.59	14d	1	0.84mi
325 Oak Track Ct Ocala, FL	3.0	2.0	1163	$1,550	$1.33	21d	1	0.97mi
342 Locust Pass Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	1.16mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	21d	1	1.17mi

Listing history 16 events

1. 2026-06-02
   status $154,000 Pending 6 DOM
2. 2026-06-01
   days on market $154,000 Active 6 DOM
3. 2026-05-31
   days on market $154,000 Active 5 DOM
4. 2026-05-30
   days on market $154,000 Active 4 DOM
5. 2026-05-26
   listed $154,000 Active
6. 2023-04-14
   soldstatus $250,000 Closed 576-char remark

   Show marketing remark (576 chars)

   Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

7. 2023-02-28
   status Pending 576-char remark

   Show marketing remark (576 chars)

   Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

8. 2023-02-22
   price $250,000 576-char remark

   Show marketing remark (576 chars)

   Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

9. 2023-01-20
   status Active 576-char remark

   Show marketing remark (576 chars)

   Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

10. 2022-12-14
    status Pending 576-char remark

    Show marketing remark (576 chars)

    Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

11. 2022-11-15
    listed $253,000 Active 576-char remark

    Show marketing remark (576 chars)

    Do not miss out on this one! Home was built in 2007 featuring 1479 living square feet with 3 bedrooms, 2 baths and a 2 car garage; with carpet and tile flooring. Open concept with vaulted ceiling; spacious kitchen, dining area and living room. 13x11 screen lanai off the dining room offers are great space to relax. Inside laundry with washer and dryer included! This home is very well cared for and move in ready with fresh paint! Located on a paved road with very few homes in the area. If you are looking for something with privacy, be sure to schedule a tour of this home.

12. 2010-11-02
    soldstatus $67,000 234-char remark

    Show marketing remark (234 chars)

    Spacious living area w/ open kitchen over looking your living & dining area, split bedroom plan. Master bedroom has his and hers closets, dual sinks and a large garden tub & standing shower. Home is situated on . 24 acres.

13. 2010-11-02
    soldstatus $67,000

    Show marketing remark (234 chars)

    Spacious living area w/ open kitchen over looking your living & dining area, split bedroom plan. Master bedroom has his and hers closets, dual sinks and a large garden tub & standing shower. Home is situated on . 24 acres.

14. 2009-01-23
    listed $75,000 234-char remark

    Show marketing remark (234 chars)

    Spacious living area w/ open kitchen over looking your living & dining area, split bedroom plan. Master bedroom has his and hers closets, dual sinks and a large garden tub & standing shower. Home is situated on . 24 acres.

15. 2008-01-18
    historical
16. 2007-07-18
    listed $211,000

ⓘ 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: $3,659 · $305/mo
• Projected year-2 tax: $3,659 · $305/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 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: $21,031
• − Mortgage interest: −$8,626
• − Property taxes: −$3,659
• − Insurance: −$2,272
• − Repairs & maintenance: −$1,683
• − Management: −$1,683
• − Depreciation: −$4,480
• Taxable loss: −$1,371
• Est. tax savings @ 24.0%: +$329
• After-tax cash flow: $1,321/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

-27.0% since first listed

12 events — show timeline

• 2026-05-26 Listed $154,000 Stellar MLS as Distributed by MLS Grid
• 2023-04-14 Sold (MLS) $250,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-22 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
• 2023-01-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-12-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-11-15 Listed $253,000 Stellar MLS as Distributed by MLS Grid
• 2010-11-02 Sold (Public Records) $67,000 Public Records
• 2010-11-02 Sold (MLS) $67,000 Stellar MLS as Distributed by MLS Grid
• 2009-01-23 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2008-01-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-07-18 Listed $211,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+14.0%/yr

Latest (2025): $3,659 · +5.5% YoY. Source: county tax records.