8 Dogwood Trail Ter · Silver Springs Shores, FL 34472

$244,900

3 bd · 2.0 ba · 1,315 sqft · SingleFamily · 24 Days on market

Built 2026 10,019 sqft lot

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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).

• Appreciation +8.0/10.0
• ARV discount +7.5/15.0
• Cash flow +7.0/30.0
• 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 +1.2/10.0

Listing remarks

Under Construction. Beautiful NEW construction home in desirable SE Ocala neighborhood, completed and move in ready. Nice lot with 3 bedrooms, 2 baths in an open concept split floor plan. Home features great curb appeal, granite counters, real wood cabinets, stainless steel appliances, luxury vinyl plank throughout, ceiling fans, upgraded light fixtures. Master suite with WIC and private bath with tiled shower. Landscape package, inside laundry, and 2 car garage. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Builder has other similar homes available as well.

Key facts

• Open concept
• New construction
• Luxury vinyl plank

Tags

• NEW CONSTRUCTION
• OPEN CONCEPT
• GRANITE COUNTERS
• REAL WOOD CABINETS
• STAINLESS STEEL APPLIANCES
• LUXURY VINYL PLANK

Property features AI

Finance

• Other: Home warranty included
• HOA & community: Pets allowed

Exterior

• Parking: Attached 2-car garage (19 x 20)
• Utilities: Well water; Aerobic septic system; Public utilities available
• Home design: Single-family residence; One story; New construction (projected completion July 8, 2026); Faces north; R1 zoning
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built by Belac Homes, LLC (model: The Palm); New construction
• Exterior features: Other exterior features; Paved road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Stone countertops
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Cathedral ceilings; Vaulted ceilings; High ceilings; Ceiling fans; Open floorplan; Split bedroom layout; Stone countertops; Thermostat; Walk-in closets
• Laundry & utility: Inside laundry room

🏗️ New construction. The $244,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $249,850.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-365 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $197k (19.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (29.6% below list).
• Recommended offer: $172k (29.6% 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, 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; 19 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 32% 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 ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($241k) 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 $172,417 (29.6% 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: 4.54%
• Cash-on-cash: -6.25%
• DSCR: 0.72
• GRM: 12.1

CMA / ARV

• ARV (on-the-fly): $249,850
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
78 Pine Trace Crse	0.14mi	3/2.0	1,390 (+6%)	3mo	$252,000	$181	82
20 Dogwood Trail Crse	0.28mi	3/2.0	1,331 (+1%)	23mo	$239,900	$180	66
6 Dogwood Drive Trl	0.69mi	3/2.0	1,315 (0%)	3mo	$249,900	$190	65
11 Dogwood Drive Ln	0.45mi	3/2.0	1,370 (+4%)	22mo	$264,900	$193	53
2 Pecan Course Cir	0.59mi	3/2.0	1,400 (+6%)	18mo	$281,000	$201	47
12 Dogwood Loop Ave	0.73mi	3/2.0	1,473 (+12%)	7mo	$285,000	$193	40
8 Pecan Course Loop	0.68mi	3/2.0	1,221 (-7%)	21mo	$210,000	$172	39
6 Pine Track Loop	0.64mi	3/2.0	1,484 (+13%)	22mo	$285,000	$192	30
4 Pine Track Loop	0.63mi	3/2.0	1,484 (+13%)	24mo	$277,000	$187	30

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: 9.2%
• Equity multiple: 1.62×
• Total profit: $43,170
• Equity at exit: $156,002

10-year hold

• IRR: 9.9%
• Equity multiple: 2.96×
• Total profit: $136,848
• Equity at exit: $281,989

Cash invested: $69,958 (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: 11.8×

Monthly cashflow live

• Estimated rent: $1,724 high
• Mortgage (P&I): −$1,310
• Tax est. 1.5%: −$312 /mo · $3,748/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $-365

Break-even live

Break-even rent $2,186

Max offer price $197,097

Occupancy floor —

Sensitivity live

Price	-10% $-192	-5% $-278	+0% $-365	+5% $-451	+10% $-537
Rent	-10% $-501	-5% $-433	+0% $-365	+5% $-296	+10% $-228
Rate	-1.0pp $-239	-0.5pp $-301	base $-365	+0.5pp $-429	+1.0pp $-495

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: $62,462
• Closing costs: $7,496
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	22d	1	0.18mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	22d	1	0.54mi
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	22d	1	0.59mi
88 Dogwood Drive Loop Ocala, FL	3.0	2.0	1659	$1,600	$0.96	22d	1	0.67mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	22d	1	0.84mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	22d	1	0.95mi
23 Aspen Dr Ocala, FL	3.0	2.0	1399	$1,650	$1.18	22d	1	1.05mi
2 Dogwood Drive Pl Ocala, FL	4.0	2.0	1608	$2,099	$1.31	22d	1	1.08mi
54 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	22d	1	1.09mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.12mi
58 Laurel Pass Ocala, FL	2.0	2.0	1000	$1,200	$1.20	22d	1	1.12mi
11 Aspen Dr Ocala, FL	3.0	2.0	1357	$1,725	$1.27	22d	1	1.12mi
66 Laurel Pass Ocala, FL	2.0	2.0	974	$1,175	$1.21	22d	1	1.15mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	15d	1	1.18mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.24mi
3 Pine Circle Pass Ocala, FL	3.0	2.0	1674	$1,700	$1.02	22d	1	1.26mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	22d	1	1.33mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	22d	1	1.33mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	15d	1	1.37mi

Listing history 17 events

1. 2026-06-21
   days on market $244,900 Active 24 DOM
2. 2026-06-18
   days on market $244,900 Active 21 DOM
3. 2026-06-17
   days on market $244,900 Active 20 DOM
4. 2026-06-16
   days on market $244,900 Active 19 DOM
5. 2026-06-15
   days on market $244,900 Active 18 DOM
6. 2026-06-14
   days on market $244,900 Active 16 DOM
7. 2026-06-13
   days on market $244,900 Active 15 DOM
8. 2026-06-10
   days on market $244,900 Active 13 DOM
9. 2026-06-09
   days on market $244,900 Active 12 DOM
10. 2026-06-08
    days on market $244,900 Active 11 DOM
11. 2026-06-07
    days on market $244,900 Active 10 DOM
12. 2026-06-03
    days on market $244,900 Active 6 DOM
13. 2026-06-02
    days on market $244,900 Active 5 DOM
14. 2026-06-01
    days on market $244,900 Active 4 DOM
15. 2026-05-31
    days on market $244,900 Active 3 DOM
16. 2026-05-30
    days on market $244,900 Active 2 DOM
17. 2026-05-28
    listed $244,900 Active

ⓘ 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 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: $20,690
• − Mortgage interest: −$13,995
• − Property taxes: −$3,748
• − Insurance: −$1,249
• − Repairs & maintenance: −$1,655
• − Management: −$1,655
• − Depreciation: −$7,268
• Taxable loss: −$8,881
• Est. tax savings @ 24.0%: +$2,131
• After-tax cash flow: $-2,243/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

• 2026-05-28 Listed $244,900 Stellar MLS as Distributed by MLS Grid