10384 Pinehurst Dr · Jacksonville, FL 32218

$140,000

3 bd · 2.0 ba · 1,276 sqft · SingleFamily public records · 33 Days on market

Built 1955 Est $214k · 35% under

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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 +25.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +7.0/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Hot investment opportunity in the Highlands neighborhood! This solid block 3/2 home features 1,276 sq ft of living space and 1,901 gross sq ft, including a garage. With a functional layout and room to add an additional bedroom and bathroom, this property offers strong upside potential for a value boosting renovation. Major updates include a roof replacement in 2012 and an electrical upgrade in 2021. Whether you're looking for your next flip or a high potential rental project, this property is packed with opportunity to maximize returns.

Key facts

• Roof replacement
• Functional layout
• Electrical upgrade

Tags

• HIGHLANDS NEIGHBORHOOD
• FUNCTIONAL LAYOUT
• ROOF REPLACEMENT
• ELECTRICAL UPGRADE
• VALUE BOOSTING RENOVATION

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Garage (1 space)
• Utilities: Sewer connected; Water connected
• Home design: Single Family Residence
• Exterior features: No private pool; Single family use

Interior

• Kitchen: Electric oven; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric oven; Refrigerator

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $344 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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: Highlands Elementary School (math 32% / reading 27%, grade F, #1,896 of 2,144 statewide, top 90%, 475 students, 78% FRL); Highlands Middle School (math 31% / reading 21%, grade F, #506 of 571 statewide, top 89%, 697 students, 73% FRL); First Coast High School (math 18% / reading 33%, grade F, #499 of 667 statewide, top 75%, 2,117 students, 49% FRL) — zoned schools average 66% FRL vs 49% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 46% district-wide (-18 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.4%/yr); 735 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k 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 33 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 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: 1.20% ✓
• Cap rate: 9.24%
• Cash-on-cash: 10.53%
• DSCR: 1.47
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $214,368
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10520 De Paul Dr	0.14mi	4/2.0 (+1)	1,261 (-1%)	3mo	$215,000	$170	84
10242 Haverford Rd	0.22mi	4/2.0 (+1)	1,248 (-2%)	0mo	$229,000	$183	81
2143 Newberry Rd	0.39mi	3/1.5	1,250 (-2%)	1mo	$160,200	$128	76
1134 Carthage Dr	0.46mi	3/1.0	1,252 (-2%)	2mo	$192,500	$154	70
1034 Beckner Ave	0.49mi	3/1.5	1,198 (-6%)	3mo	$175,000	$146	63
1139 De Paul Dr	0.35mi	3/1.0	1,130 (-11%)	1mo	$149,000	$132	60
1614 Loyola Dr N	0.34mi	3/1.0	1,146 (-10%)	4mo	$175,000	$153	60
1924 Leonid Rd	0.57mi	3/1.5	1,322 (+4%)	7mo	$125,000	$95	59
10250 Briarcliff Rd E	0.33mi	3/1.5	1,108 (-13%)	3mo	$192,000	$173	58
10019 Belleshore Cir	0.39mi	3/2.0	1,432 (+12%)	8mo	$260,000	$182	54
1414 Belleshore Cir	0.56mi	3/2.0	1,408 (+10%)	4mo	$245,000	$174	54
1023 De Paul Dr	0.49mi	3/2.0	1,128 (-12%)	7mo	$190,000	$168	52

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: -4.0%
• Equity multiple: 0.86×
• Total profit: $-5,645
• Equity at exit: $20,874

10-year hold

• IRR: 1.9%
• Equity multiple: 1.11×
• Total profit: $4,468
• Equity at exit: $12,105

Cash invested: $39,200 (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 32218

• Home prices YoY: -25.7%
• Rents YoY: -0.4%
• Active inventory: 735
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,675 high
• Mortgage (P&I): −$734
• Tax from tax record: −$187 /mo · $2,240/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $344

Break-even live

Break-even rent $1,239

Max offer price $140,000

Occupancy floor 74%

Sensitivity live

Price	-10% $423	-5% $384	+0% $344	+5% $304	+10% $265
Rent	-10% $212	-5% $278	+0% $344	+5% $410	+10% $476
Rate	-1.0pp $415	-0.5pp $380	base $344	+0.5pp $308	+1.0pp $271

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10351 Pinehurst Dr Jacksonville, FL	4.0	2.0	1760	$1,831	$1.04	4d	1	0.08mi
10524 Briarcliff Rd S Jacksonville, FL	3.0	1.0	1626	$1,146	$0.70	4d	1	0.14mi
10529 Keuka Dr Jacksonville, FL	4.0	1.0	1101	$600	$0.54	9d	1	0.22mi
10561 Ashby Rd Jacksonville, FL	3.0	1.0	1034	$1,181	$1.14	25d	1	0.33mi
10310 Briarcliff Rd E Jacksonville, FL	3.0	2.0	1285	$1,399	$1.09	16d	1	0.34mi
1123 Depaul Dr Jacksonville, FL	3.0	1.5	1152	$1,295	$1.12	23d	1	0.39mi
12802 Haverford Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1000	$1,299	$1.30	3d	15	0.45mi
1601 Dunn Ave Jacksonville, FL	1.0–3.0	1.0–2.0	852	$1,575	$1.85	4d	12	0.55mi
10964 Bacall Rd W Jacksonville, FL	3.0	1.5	1138	$1,550	$1.36	25d	1	0.70mi
10621 Monaco Dr Jacksonville, FL	1.0–2.0	1.0–1.5	975	$1,150	$1.18	25d	7	0.75mi
10897 Regency Dr Jacksonville, FL	4.0	2.0	1391	$1,650	$1.19	6d	1	0.85mi
9808 Morgan Marsh Ct Jacksonville, FL	3.0	2.5	1380	$1,599	$1.16	25d	1	0.89mi
9806 Morgan Marsh Ct Unit 9856 Jacksonville, FL	3.0	2.5	1380	$1,609	$1.17	22d	1	0.89mi
9806 Morgan Marsh Ct Jacksonville, FL	3.0	2.5	1380	$1,609	$1.17	25d	1	0.89mi
2462 Quail Ave Jacksonville, FL	3.0	1.5	1312	$1,397	$1.06	25d	1	0.90mi
2482 Quail Ave Jacksonville, FL	3.0	2.0	1224	$1,850	$1.51	19d	1	0.93mi
2489 Quail Ave Jacksonville, FL	3.0	2.0	1306	$1,495	$1.14	18d	1	0.96mi
2489 Quail Ave Jacksonville, FL	3.0	2.0	1308	$1,495	$1.14	25d	1	0.96mi
11029 Traci Lynn Dr Jacksonville, FL	3.0	2.0	1402	$1,550	$1.11	5d	1	1.01mi
10735 Merida Dr #14 Jacksonville, FL	4.0	2.0	1303	$1,635	$1.25	9d	1	1.02mi
11050 Harts Rd Jacksonville, FL	3.0	2.0–2.5	1145	$1,511	$1.32	4d	10	1.04mi
9565 Carbondale Dr W Unit B Jacksonville, FL	3.0	2.0	1400	$2,000	$1.43	25d	1	1.06mi
11011 Harts Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1052	$1,742	$1.66	3d	23	1.14mi
780 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1164	$2,143	$1.84	5d	16	1.15mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,684	$1.77	4d	9	1.25mi
10535 Lem Turner Rd Jacksonville, FL	1.0–4.0	1.0–2.0	1012	$1,562	$1.54	4d	40	1.27mi
950 Turtle Creek Dr S Jacksonville, FL	3.0	2.0	1460	$1,824	$1.25	25d	1	1.32mi
11552 Key Biscayne Dr W Jacksonville, FL	3.0	2.0	1849	$1,800	$0.97	25d	1	1.34mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,711	$1.66	3d	42	1.36mi
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	5d	1	1.36mi
2950 Bessent Rd Jacksonville, FL	3.0	2.0	1446	$1,779	$1.23	23d	1	1.38mi
2978 Centerwood Dr Jacksonville, FL	3.0	2.0	1437	$1,805	$1.26	25d	1	1.40mi
9124 Adams Ave Jacksonville, FL	3.0	3.0	1207	$1,800	$1.49	25d	1	1.44mi
11211 Margarets Landing Pl Jacksonville, FL	3.0	2.0	1280	$1,826	$1.43	9d	1	1.45mi
11332 Island Shore Dr W Jacksonville, FL	3.0	1.5	1178	$1,703	$1.45	6d	1	1.48mi
2445 Dunn Ave Jacksonville, FL	1.0–3.0	1.0–2.0	850	$1,815	$2.14	3d	11	1.48mi
745 Northpoint Cir N Jacksonville, FL	2.0	2.0	897	$1,600	$1.78	25d	1	1.49mi

Listing history 16 events

1. 2026-06-21
   days on market $140,000 Active 33 DOM
2. 2026-06-18
   days on market $140,000 Active 30 DOM
3. 2026-06-17
   days on market $140,000 Active 29 DOM
4. 2026-06-16
   days on market $140,000 Active 28 DOM
5. 2026-06-15
   days on market $140,000 Active 27 DOM
6. 2026-06-13
   days on market $140,000 Active 25 DOM
7. 2026-06-13
   days on market $140,000 Active 24 DOM
8. 2026-06-10
   days on market $140,000 Active 21 DOM
9. 2026-06-08
   days on market $140,000 Active 20 DOM
10. 2026-06-07
    days on market $140,000 Active 19 DOM
11. 2026-06-05
    days on market $140,000 Active 16 DOM
12. 2026-06-03
    days on market $140,000 Active 15 DOM
13. 2026-06-02
    days on market $140,000 Active 14 DOM
14. 2026-06-01
    days on market $140,000 Active 13 DOM
15. 2026-05-31
    days on market $140,000 Active 12 DOM
16. 2026-05-19
    listed $140,000 Active

ⓘ 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: $2,240 · $187/mo
• Projected year-2 tax: $2,240 · $187/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 5/10 Major FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 19 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: $20,100
• − Mortgage interest: −$7,842
• − Property taxes: −$2,240
• − Insurance: −$700
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$4,073
• Taxable income: $2,030
• Est. tax owed @ 24.0%: −$487
• After-tax cash flow: $3,642/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): 72,905
• Household income: $69,638
• Rent vs Own: 32.7% rent · 67.3% own
• Severe rent burden: 2289.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 48% White 35% Hispanic / Latino 9% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 1% Tagalog/Filipino 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: ▼ -90.73%
• Current HPI: 262.2329
• Rent YoY: ▼ -0.40%
• 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

1 event — show timeline

• 2026-05-19 Listed $140,000 realMLS

Property tax history

+19.4%/yr

Latest (2025): $2,240 · +577.7% YoY. Source: county tax records.