4417 Ken Knight Dr N · Jacksonville, FL 32209

$78,000

2 bd · 1.0 ba · 680 sqft · SingleFamily public records · 6 Days on market

Built 1969 2,613 sqft lot Est $70k · 12% over · waterfront

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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).

• Cash flow +18.0/30.0
• DSCR +5.7/10.0
• 1% rule +5.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +2.2/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover your dream Jacksonville townhome! This well-maintained property features 2 bedrooms and 1 bathroom, offering a functional and comfortable layout. Now vacant and ready for immediate showings, the home is easily accessible via lockbox. Whether you're a homebuyer or an investor, this is a fantastic opportunity you don't want to miss. Act fast--schedule your showing today and make it yours!

Key facts

• Central hvac
• No cdd
• Public water sewer

Tags

• UPDATED REMODELED CONDITION
• CENTRAL HVAC
• PUBLIC WATER SEWER
• NO HOA
• NO CDD
• NO MINIMUM RENTAL RESTRICTION

Property features AI

Exterior

• Parking: Off-street parking; Other/unassigned parking
• Utilities: Private sewer; Electricity available; Water available
• Home design: Condominium; Single-story (1 story); Attached property
• Exterior features: River access; Waterfront

Interior

• Kitchen: Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fan(s)
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $1 ($14/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($821 rent vs $78k).
• Cap rate 7.3% vs local median 3.9% in Jacksonville — 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 83/100 on livability (#50 in FL, #911 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Duval (urban): math 46% / reading 45% proficiency, ranked #48 of 73 in FL (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Grasp Academy (math 18% / reading 14%, grade F, #2,130 of 2,144 statewide, top 99%, 271 students, 52% FRL); Jean Ribault Middle School (math 28% / reading 24%, grade F, #506 of 571 statewide, top 89%, 679 students, 78% FRL); Jean Ribault High School (math 22% / reading 25%, grade F, #533 of 667 statewide, top 80%, 1,385 students, 71% FRL) — zoned schools average 67% FRL vs 49% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 22% at this address vs 46% district-wide (-24 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.8%/yr); 399 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 32% of the median local income ($31k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 16 sale attempts since 21y 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 $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $78,000

Questions for the listing agent

1. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 1.05% ✓
• Cap rate: 7.33%
• Cash-on-cash: 3.72%
• DSCR: 1.17
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $69,768
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4622 Wrico Dr	0.21mi	2/1.0	682 (+0%)	4mo	$40,000	$59	86
4442 Friden Dr	0.24mi	2/1.0	682 (+0%)	11mo	$62,000	$91	79
4440 Friden Dr	0.24mi	2/1.0	646 (-5%)	3mo	$40,000	$62	78
4612 Wrico Dr	0.20mi	2/1.0	688 (+1%)	21mo	$52,000	$76	71

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -17.7%
• Equity multiple: 0.38×
• Total profit: $-13,456
• Equity at exit: $11,630

10-year hold

• IRR: -12.5%
• Equity multiple: 0.30×
• Total profit: $-15,191
• Equity at exit: $6,744

Cash invested: $21,840 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 399
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $821 high
• Mortgage (P&I): −$409
• Tax from tax record: −$140 /mo · $1,676/yr
• Insurance: −$32
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$172
• Net cashflow: $1

Break-even live

Break-even rent $820

Max offer price $78,000

Occupancy floor 95%

Sensitivity live

Price	-10% $45	-5% $23	+0% $1	+5% $-21	+10% $-43
Rent	-10% $-64	-5% $-31	+0% $1	+5% $34	+10% $66
Rate	-1.0pp $40	-0.5pp $21	base $1	+0.5pp $-19	+1.0pp $-40

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4440 Ken Knight Dr N Jacksonville, FL	2.0	1.0	716	$650	$0.91	16d	1	0.04mi
4655 Ken Knight Dr N Jacksonville, FL	2.0	1.0	646	$600	$0.93	25d	1	0.14mi
4848 Mississippi Ct Jacksonville, FL	1.0	1.0	400	$850	$2.12	6d	1	0.53mi
2185 Benedict Rd Jacksonville, FL	2.0	1.0	630	$995	$1.58	25d	1	1.45mi
2185 Benedict Rd Unit 2187 Jacksonville, FL	2.0	1.0	630	$995	$1.58	12d	1	1.45mi

Listing history 5 events

1. 2026-06-21
   days on market $78,000 Active 6 DOM
2. 2026-06-18
   days on market $78,000 Active 3 DOM
3. 2026-06-17
   days on market $78,000 Active 2 DOM
4. 2026-06-16
   remarks 425-char remark
5. 2026-06-16
   listed $78,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,676 · $140/mo
• Projected year-2 tax: $1,676 · $140/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 7/10 Severe FEMA zone X (shaded) · 94% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,856
• − Mortgage interest: −$4,369
• − Property taxes: −$1,676
• − Insurance: −$1,188
• − Repairs & maintenance: −$788
• − Management: −$788
• − Depreciation: −$2,269
• Taxable loss: −$1,223
• Est. tax savings @ 24.0%: +$293
• After-tax cash flow: $308/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: Duval
• NCES district ID: 1200480
• Math proficiency: 46% ▼ -11.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,987
• Composite: 38.97/100
• National rank: #4076
• State rank: #48 of 73 in FL

Livability — Jacksonville

• Score: 83/100
• State rank: #50
• US rank: #911

Category grades

Amenities A+ Commute A+ Cost of living A Crime C Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, FL
• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

Population outlook (Duval County) Hauer SSP2

• Today (2025): 1,013,010 people
• By 2030: 1,059,228 · +4.6%
• By 2040: 1,141,439 · +12.7%
• By 2050: 1,205,258 · +19.0%
• By 2075: 1,324,282 · +30.7%
• By 2100: 1,319,620 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 1%

Political lean MEDSL · Duval

• 2024 margin: Toss-up / Even · D 48.7% · R 50.1% · Other 1.2%
• 2008→2024 swing: +0.4pp no change · 2008: -1.9pp · 2024: -1.5pp
• All cycles: 2024: R+1.5 2020: D+3.8 2016: R+1.5 2012: R+3.6 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• Metro: Jacksonville, 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

+519.0% since first listed

52 events — show timeline

• 2026-06-15 Listed $78,000 realMLS
• 2026-05-22 Listing Removed — realMLS
• 2026-04-23 Price Changed $78,000 realMLS
• 2026-04-22 Listed $85,000 realMLS
• 2026-02-11 Listing Removed — realMLS
• 2026-01-07 Price Changed $78,000 realMLS
• 2025-12-23 Price Changed $79,000 realMLS
• 2025-12-09 Relisted — realMLS
• 2025-10-20 Relisted — realMLS
• 2025-10-20 Listing Removed — realMLS
• 2025-07-15 Listing Removed — realMLS
• 2025-03-28 Price Changed $85,000 realMLS
• 2025-03-27 Relisted — realMLS
• 2025-02-05 Rental Removed $850 BUILDIUM
• 2025-01-07 Price Changed $850 BUILDIUM
• 2024-12-26 Listing Removed — realMLS
• 2024-11-28 Listed for Rent $900 BUILDIUM
• 2024-08-20 Price Changed $89,000 realMLS
• 2024-07-19 Relisted — realMLS
• 2024-07-17 Listing Removed — realMLS
• 2024-02-29 Relisted — realMLS
• 2024-02-29 Price Changed $95,000 realMLS
• 2023-12-14 Rental Removed $825 BUILDIUM
• 2023-11-28 Listing Removed — realMLS
• 2023-11-16 Price Changed $98,000 realMLS
• 2023-11-16 Relisted — realMLS
• 2023-11-15 Price Changed $825 BUILDIUM
• 2023-11-14 Listing Removed — realMLS
• 2023-09-21 Listed for Rent — BUILDIUM
• 2023-07-27 Price Changed $100,000 realMLS
• 2023-07-26 Listed $149,500 realMLS
• 2021-01-27 Sold (Public Records) $72,000 Public Records
• 2021-01-12 Sold (MLS) $72,000 realMLS
• 2020-12-28 Pending — realMLS
• 2020-11-07 Price Changed $75,000 realMLS
• 2020-10-10 Price Changed $85,000 realMLS
• 2020-09-15 Price Changed $92,000 realMLS
• 2020-09-14 Listed $87,000 realMLS
• 2020-07-07 Sold (MLS) $36,000 realMLS
• 2020-06-14 Pending — realMLS
• 2020-03-16 Price Changed $42,500 realMLS
• 2020-03-16 Relisted — realMLS
• 2020-03-13 Listing Removed — realMLS
• 2019-10-18 Price Changed $49,900 realMLS
• 2019-10-15 Price Changed $49,000 realMLS
• 2019-09-13 Listed $55,000 realMLS
• 2007-08-13 Listing Removed — realMLS
• 2007-04-13 Listed $39,900 realMLS
• 2005-10-06 Sold (MLS) $21,000 realMLS
• 2005-04-20 Listed $24,900 realMLS
• 2003-10-01 Sold (Public Records) $41,000 Public Records
• 1984-12-01 Sold (Public Records) $12,600 Public Records

Property tax history

+16.6%/yr

Latest (2025): $1,676 · +16.4% YoY. Source: county tax records.