7007 Lucky Dr E · Jacksonville, FL 32208

$84,950

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 35 Days on market

Built 1955 6,098 sqft lot Est $87k · at est.

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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 +28.8/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +8.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR OPPORTUNITY!! FIX AND FLIP OR GREAT RENTAL! This property is a great opportunity for investors looking for their next project. With the right updates and vision, it could make an excellent fix-and-flip or a solid long-term rental investment. Being sold As-Is, The property currently has no power or water, so please plan showings accordingly. No blind or assignable offers will be considered. Cash or hard money only.

Key facts

• 6,098 sq ft lot
• Built 1955
• Listed 35 days

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Public sewer; Electricity connected; Water available
• Home design: Single-family residence; Single family current use
• Exterior features: Lot about 0.14 acres; No private pool

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric range; Refrigerator

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 4.0% 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.
• Market conditions: Rents soft (-1.4%/yr); 291 active listings in the ZIP; 40 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 34% of the median local income ($41k/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 $588 of loan paydown is wiped out by about $3k 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

• It's been on market 35 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y 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: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,401 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.40% ✓
• Cap rate: 10.34%
• Cash-on-cash: 14.44%
• DSCR: 1.64
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $86,784
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
161 W 65th St	0.22mi	2/1.0	780 (+2%)	8mo	$94,762	$121	81
81 E 61st St	0.24mi	2/1.0	848 (+10%)	6mo	$40,000	$47	66
617 E 57th St	0.58mi	2/1.0	772 (+0%)	7mo	$136,000	$176	66
299 E 48th St	0.62mi	2/1.0	792 (+3%)	1mo	$66,500	$84	65
7503 Wilder Ave	0.40mi	2/1.0	840 (+9%)	3mo	$50,300	$60	64
6841 Vermillion St	0.43mi	2/1.0	800 (+4%)	12mo	$68,500	$86	63
431 W 62nd St	0.50mi	2/1.0	794 (+3%)	11mo	$90,000	$113	62
410 Demper Dr	0.58mi	2/1.0	784 (+2%)	12mo	$122,500	$156	59
429 Crestwood St	0.58mi	2/1.0	732 (-5%)	9mo	$36,500	$50	58
7129 Northland St	0.46mi	2/2.0	684 (-11%)	1mo	$50,000	$73	56
7120 Buffalo Ave	0.61mi	2/1.0	832 (+8%)	8mo	$141,017	$169	52
7106 Buffalo Ave	0.60mi	2/1.0	832 (+8%)	15mo	$140,020	$168	45

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 1.2%
• Equity multiple: 1.04×
• Total profit: $1,053
• Equity at exit: $12,666

10-year hold

• IRR: 7.3%
• Equity multiple: 1.47×
• Total profit: $11,204
• Equity at exit: $7,345

Cash invested: $23,786 (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 32208

• Home prices YoY: -33.6%
• Rents YoY: -1.4%
• Active inventory: 291
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,185 high
• Mortgage (P&I): −$445
• Tax from tax record: −$169 /mo · $2,030/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $286

Break-even live

Break-even rent $823

Max offer price $84,950

Occupancy floor 71%

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: $21,238
• Closing costs: $2,548
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
41 Tallulah Ave Jacksonville, FL	3.0	1.0	1092	$1,390	$1.27	3d	1	0.10mi
6701 N Main St Jacksonville, FL	1.0	1.0	700	$950	$1.36	23d	1	0.16mi
7345 Penrose St Jacksonville, FL	1.0	1.0	1006	$685	$0.68	16d	1	0.28mi
92 W 55th St Jacksonville, FL	2.0	1.0	624	$845	$1.35	21d	1	0.31mi
7525 Oakwood St Jacksonville, FL	3.0	1.0	945	$1,375	$1.46	14d	1	0.38mi
525 E 60th St Jacksonville, FL	3.0	2.0	1120	$1,471	$1.31	23d	1	0.40mi
356 Duray Ct Jacksonville, FL	3.0	2.0	1070	$1,425	$1.33	14d	1	0.50mi
217 E 48th St Jacksonville, FL	3.0	1.0	979	$1,096	$1.12	10d	1	0.53mi
385 Duray Ct Jacksonville, FL	3.0	1.0	932	$1,250	$1.34	20d	1	0.54mi
346 W 68th St Jacksonville, FL	3.0	1.0	1114	$1,385	$1.24	4d	1	0.57mi
319 W 49th St Jacksonville, FL	2.0	1.0	977	$1,200	$1.23	23d	1	0.59mi
7140 Buffalo Ave Jacksonville, FL	2.0	1.0	832	$1,321	$1.59	23d	1	0.59mi
8027 Floyd St Jacksonville, FL	2.0	1.5	935	$1,300	$1.39	2d	1	0.61mi
7124 Lorain St Jacksonville, FL	3.0	1.0	864	$1,043	$1.21	3d	1	0.62mi
535 W 59th St Jacksonville, FL	3.0	2.0	816	$1,395	$1.71	7d	1	0.64mi
6460 Lanark Ave Jacksonville, FL	2.0	1.0	708	$1,095	$1.55	23d	1	0.66mi
425 W 47th St Jacksonville, FL	3.0	1.5	1083	$1,193	$1.10	7d	1	0.67mi
814 E 60th St Jacksonville, FL	2.0	1.0	981	$1,199	$1.22	1d	1	0.69mi
7511 N Shore Dr Jacksonville, FL	2.0	1.0	1014	$1,350	$1.33	4d	1	0.70mi
205 E 44th St Jacksonville, FL	3.0	1.0	955	$1,075	$1.13	21d	1	0.72mi
841 E 60th St Jacksonville, FL	3.0	1.0	954	$1,225	$1.28	23d	1	0.73mi
349 E 45th St Jacksonville, FL	2.0	1.0	954	$1,175	$1.23	7d	1	0.74mi
562 W 49th St Jacksonville, FL	3.0	1.0	1091	$1,195	$1.10	23d	1	0.76mi
7210 Elwood Ave Jacksonville, FL	2.0	1.0	831	$995	$1.20	21d	1	0.77mi
141 W 43rd St Jacksonville, FL	3.0	2.0	1022	$1,231	$1.20	3d	1	0.78mi
18 W 43rd St Jacksonville, FL	2.0	1.0	750	$795	$1.06	4d	1	0.79mi
222 E 43rd St Jacksonville, FL	2.0	1.0	840	$946	$1.13	23d	1	0.80mi
5616 Calvin Ave Jacksonville, FL	3.0	1.0	1008	$1,195	$1.19	7d	1	0.87mi
481 E 44th St Jacksonville, FL	2.0	1.0	668	$899	$1.35	23d	1	0.89mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,181	$1.45	23d	69	0.91mi
5514 Long St Jacksonville, FL	2.0	1.0	941	$1,250	$1.33	1d	1	0.94mi
4918 N Pearl St Jacksonville, FL	2.0	1.0	850	$895	$1.05	23d	1	1.01mi
851 Broxton St Unit 851 Jacksonville, FL	1.0	1.0	700	$875	$1.25	17d	1	1.06mi
22 W 38th St Jacksonville, FL	2.0	1.0	800	$1,100	$1.38	23d	1	1.08mi
511 Ivy St Jacksonville, FL	2.0	1.0	900	$995	$1.11	23d	1	1.10mi
451 Long Branch Blvd Unit 451 Jacksonville, FL	2.0	1.0	1000	$1,350	$1.35	23d	1	1.22mi
961 Dorchester St Jacksonville, FL	2.0	1.0	884	$1,025	$1.16	3d	1	1.24mi
4721 E Castlewood Dr Jacksonville, FL	3.0	1.0	1008	$1,250	$1.24	23d	1	1.24mi
1059 Glencarin St Jacksonville, FL	2.0	1.0	645	$897	$1.39	4d	1	1.31mi
7350 Linda Dr Jacksonville, FL	1.0	1.0	954	$795	$0.83	7d	1	1.34mi

Listing history 23 events

1. 2026-06-18
   days on market $84,950 Active 35 DOM
2. 2026-06-17
   days on market $84,950 Active 34 DOM
3. 2026-06-16
   days on market $84,950 Active 33 DOM
4. 2026-06-15
   days on market $84,950 Active 32 DOM
5. 2026-06-13
   days on market $84,950 Active 29 DOM
6. 2026-06-10
   days on market $84,950 Active 26 DOM
7. 2026-06-08
   days on market $84,950 Active 25 DOM
8. 2026-06-07
   days on market $84,950 Active 24 DOM
9. 2026-06-05
   days on market $84,950 Active 21 DOM
10. 2026-06-03
    days on market $84,950 Active 20 DOM
11. 2026-06-02
    days on market $84,950 Active 19 DOM
12. 2026-06-01
    days on market $84,950 Active 18 DOM
13. 2026-05-31
    days on market $84,950 Active 17 DOM
14. 2026-05-21
    historical Active Under Contract
15. 2026-05-14
    listed $84,950 Active
16. 2026-04-08
    historical 428-char remark

    Show marketing remark (428 chars)

    INVESTOR OPPORTUNITY!! FIX AND FLIP OR GREAT RENTAL! This property is a great opportunity for investors looking for their next project. With the right updates and vision, it could make an excellent fix-and-flip or a solid long-term rental investment. Being sold As-Is, The property currently has no power or water, so please plan showings accordingly. No blind or assignable offers will be considered. Cash or hard money only.

17. 2026-03-09
    listed $84,950 Active 428-char remark

    Show marketing remark (428 chars)

    INVESTOR OPPORTUNITY!! FIX AND FLIP OR GREAT RENTAL! This property is a great opportunity for investors looking for their next project. With the right updates and vision, it could make an excellent fix-and-flip or a solid long-term rental investment. Being sold As-Is, The property currently has no power or water, so please plan showings accordingly. No blind or assignable offers will be considered. Cash or hard money only.

18. 2006-03-03
    soldstatus $79,900
19. 2006-03-01
    historical 100-char remark

    Show marketing remark (100 chars)

    Cute and Cozy! New central heat and air. New carpets. Small kitchen. New windows! Good condition!

20. 2006-02-28
    soldstatus $79,900 100-char remark

    Show marketing remark (100 chars)

    Cute and Cozy! New central heat and air. New carpets. Small kitchen. New windows! Good condition!

21. 2006-01-06
    listed $79,900 100-char remark

    Show marketing remark (100 chars)

    Cute and Cozy! New central heat and air. New carpets. Small kitchen. New windows! Good condition!

22. 1979-11-26
    soldstatus $19,900
23. 1973-03-19
    soldstatus $10,900

ⓘ 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: $2,030 · $169/mo
• Projected year-2 tax: $2,030 · $169/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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 18 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: $14,223
• − Mortgage interest: −$4,759
• − Property taxes: −$2,030
• − Insurance: −$425
• − Repairs & maintenance: −$1,138
• − Management: −$1,138
• − Depreciation: −$2,471
• Taxable income: $2,263
• Est. tax owed @ 24.0%: −$543
• After-tax cash flow: $2,893/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): 32,699
• Household income: $41,324
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1765.0

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 (77%)
• Race & ethnicity: Black 77% White 16% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -110.56%
• Current HPI: 217.9706
• Rent YoY: ▼ -1.36%
• 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

+679.4% since first listed

10 events — show timeline

• 2026-05-21 Contingent — realMLS
• 2026-05-14 Listed $84,950 realMLS
• 2026-04-08 Listing Removed — realMLS
• 2026-03-09 Listed $84,950 realMLS
• 2006-03-03 Sold (Public Records) $79,900 Public Records
• 2006-03-01 Listing Removed — realMLS
• 2006-02-28 Sold (MLS) $79,900 realMLS
• 2006-01-06 Listed $79,900 realMLS
• 1979-11-26 Sold (Public Records) $19,900 Public Records
• 1973-03-19 Sold (Public Records) $10,900 Public Records

Property tax history

+15.2%/yr

Latest (2025): $2,030 · +14.6% YoY. Source: county tax records.