95408 Clements Rd · Yulee, FL 32034

$199,000

2 bd · 2.0 ba · 960 sqft · SingleFamily public records · 1 Days on market

Built 1930 0.46 ac 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 +23.3/30.0
• DSCR +7.5/10.0
• ARV discount +7.5/15.0
• Schools +6.0/10.0
• 1% rule +4.8/10.0
• Livability +3.3/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 1930's home needs some love! On nearly 1/2-acre lot, surrounded by large trees and horse farms, this house has Home Sweet Home potential! Located in the Fernandina Beach School District, only 10 minutes from the beach and 4 minutes to the island! NO HOA and located in the county so vacation rentals ARE allowed. Walk this property at your own risk. Home is being sold As-Is with no repairs being offered.

Key facts

• 1/2 acre lot
• No hoa
• 0.46 acre lot

Tags

• 1/2 ACRE LOT
• VACATION RENTALS ALLOWED
• NO HOA
• SURROUNDED BY LARGE TREES
• 10 MINUTES FROM THE BEACH
• 4 MINUTES TO AMELIA ISLAND

Property features AI

Finance

• Other: Unfurnished
• HOA & community: Not a senior community

Exterior

• Parking: Garage; 2-car garage
• Utilities: 150 amp electric service; Septic tank; Cable available; Natural gas not available
• Home design: Single Family Residence; One-story; Entry at level 1; West-facing
• Construction: Frame construction; Metal roof
• Exterior features: Back yard fencing; Additional/other fencing; Many trees on the lot; County road frontage; Dirt road surface

Interior

• Kitchen: Other appliances
• Bedrooms: 2 bedrooms (single-level home)
• Flooring: Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall/window cooling units
• Interior features: Other interior features
• Laundry & utility: Laundry located in the garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $297 ($4k/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 $195k (1.9% below list).
• Recommended offer: $195k (1.9% below list) — sets the bar for 1% rule.
• Cap rate 8.5% vs local median 3.4% in Yulee — 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 66/100 on livability (#605 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-, crime B+; Watch: amenities F, commute F, health & safety F.
• Nassau (town): math 74% / reading 65% proficiency, ranked #4 of 73 in FL (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Fernandina Beach Middle School (math 65% / reading 63%, grade B+, #105 of 571 statewide, top 19%, 686 students, 40% FRL) — zoned schools at 40% FRL track the district average.
• Market conditions: Rents rising (+2.4%/yr); 946 active listings in the ZIP; solid renter incomes; 953 units permitted in Nassau County in 2024 (24 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Nassau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 $80k; list at $199k implies a 149% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $195,161 (1.9% below list)

Questions for the listing agent

1. Built in 1930 — 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. 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: 0.98% ✗
• Cap rate: 8.49%
• Cash-on-cash: 7.84%
• DSCR: 1.35
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.42% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.74×
• Total profit: $-14,484
• Equity at exit: $29,672

10-year hold

• IRR: 1.8%
• Equity multiple: 1.13×
• Total profit: $6,984
• Equity at exit: $17,206

Cash invested: $55,720 (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 32034

• Rents YoY: 2.4%
• Active inventory: 946
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,952 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$51 /mo · $616/yr
• Insurance: −$83
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $297

Break-even live

Break-even rent $1,575

Max offer price $199,000

Occupancy floor 80%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-04-30
   status Pending

   Show marketing remark (410 chars)

   This 1930's home needs some love! On nearly 1/2-acre lot, surrounded by large trees and horse farms, this house has Home Sweet Home potential! Located in the Fernandina Beach School District, only 10 minutes from the beach and 4 minutes to the island! NO HOA and located in the county so vacation rentals ARE allowed. Walk this property at your own risk. Home is being sold As-Is with no repairs being offered.

2. 2026-04-30
   status Pending 410-char remark

   Show marketing remark (410 chars)

   This 1930's home needs some love! On nearly 1/2-acre lot, surrounded by large trees and horse farms, this house has Home Sweet Home potential! Located in the Fernandina Beach School District, only 10 minutes from the beach and 4 minutes to the island! NO HOA and located in the county so vacation rentals ARE allowed. Walk this property at your own risk. Home is being sold As-Is with no repairs being offered.

3. 2026-04-29
   listed $199,000 Active

   Show marketing remark (410 chars)

   This 1930's home needs some love! On nearly 1/2-acre lot, surrounded by large trees and horse farms, this house has Home Sweet Home potential! Located in the Fernandina Beach School District, only 10 minutes from the beach and 4 minutes to the island! NO HOA and located in the county so vacation rentals ARE allowed. Walk this property at your own risk. Home is being sold As-Is with no repairs being offered.

4. 2026-04-29
   listed $199,000 Active 410-char remark

   Show marketing remark (410 chars)

   This 1930's home needs some love! On nearly 1/2-acre lot, surrounded by large trees and horse farms, this house has Home Sweet Home potential! Located in the Fernandina Beach School District, only 10 minutes from the beach and 4 minutes to the island! NO HOA and located in the county so vacation rentals ARE allowed. Walk this property at your own risk. Home is being sold As-Is with no repairs being offered.

5. 2003-01-07
   soldstatus $80,000
6. 1996-10-29
   soldstatus $46,500

ⓘ 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: $616 · $51/mo
• Projected year-2 tax: $1,652 · $138/mo
• Expected delta: +$1,036/yr (+$86/mo · 168.1%)

ⓘ 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) · 76% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°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 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,419
• − Mortgage interest: −$11,147
• − Property taxes: −$616
• − Insurance: −$1,792
• − Repairs & maintenance: −$1,874
• − Management: −$1,874
• − Depreciation: −$5,789
• Taxable income: $327
• Est. tax owed @ 24.0%: −$79
• After-tax cash flow: $3,491/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: Nassau
• NCES district ID: 1201350
• Math proficiency: 74% ▼ -2.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $58,267
• Composite: 59.79/100
• National rank: #899
• State rank: #4 of 73 in FL

Livability — Yulee

• Score: 66/100
• State rank: #605
• US rank: #11615

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Nassau County · 67,729 people
• City population: 26,700
• Metro: Jacksonville, FL
• Population (ZIP): 41,029
• Household income: $98,583
• Rent vs Own: 17.2% rent · 82.8% own
• Severe rent burden: 1230.0

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 88,419 people
• By 2030: 92,679 · +4.8%
• By 2040: 99,257 · +12.3%
• By 2050: 103,378 · +16.9%
• By 2075: 109,726 · +24.1%
• By 2100: 107,006 · +21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 6% Black 4% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 4% Lithuanian 2% Romanian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Nassau

• 2024 margin: Solid R (+46.9) · D 26.1% · R 73.1%
• 2008→2024 swing: -3.1pp toward R · 2008: -43.8pp · 2024: -46.9pp
• All cycles: 2024: R+46.9 2020: R+45.9 2016: R+50.2 2012: R+48.6 2008: R+43.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -576.71%
• Current HPI: 340.2096
• Rent YoY: ▲ 2.42%
• 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

+328.0% since first listed

6 events — show timeline

• 2026-04-30 Pending — realMLS
• 2026-04-30 Pending — AINCAR
• 2026-04-29 Listed $199,000 AINCAR
• 2026-04-29 Listed $199,000 realMLS
• 2003-01-07 Sold (Public Records) $80,000 Public Records
• 1996-10-29 Sold (Public Records) $46,500 Public Records

Property tax history

+1.6%/yr

Latest (2025): $616 · +2.8% YoY. Source: county tax records.