5645 Wandering Trl · Jacksonville, FL 32219

$150,000

5 bd · 3.0 ba · 2,280 sqft · Manufactured public records · 5 Days on market

Built 2001 2.56 ac lot Est $155k · 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +9.0/15.0
• 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 MLS

Five bedroom three bath mobile home on over two acres of cleared land is perfect for raising that large family or to just get away from it all. Open floor plan flows from the covered front porch all the way out to the large wooden deck on the back. Split bedroom concept, open kitchen, and a separate office make this a must see.

Key facts

• 2.56 acre lot
• Built 2001
• Listed 5 days

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Private sewer; Electricity available; Water available
• Home design: Mobile home; Single-story; Faces west; Residential use
• Exterior features: Cleared acreage with few trees; Agricultural-friendly land; County road frontage; Dirt road access; 2.56-acre lot

Interior

• Kitchen: Refrigerator
• Bedrooms: 5 bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: No heating; No air conditioning
• Interior features: Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $950 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $150k).
• Cap rate 13.9% 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 (-0.2%/yr); 546 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 43% of the median local income ($72k/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 $1k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $42k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 19y 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.
• Current owner paid $35k; list at $150k implies a 329% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $150,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.73% ✓
• Cap rate: 13.89%
• Cash-on-cash: 27.14%
• DSCR: 2.21
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $155,040
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5645 Wandering Trl	0.00mi	5/2.5	2,280 (0%)	0mo	$155,000	$68	98

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: 17.6%
• Equity multiple: 1.68×
• Total profit: $28,670
• Equity at exit: $22,365

10-year hold

• IRR: 23.8%
• Equity multiple: 2.76×
• Total profit: $73,821
• Equity at exit: $12,969

Cash invested: $42,000 (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 32219

• Home prices YoY: -22.3%
• Rents YoY: -0.2%
• Active inventory: 546
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $2,592 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$249 /mo · $2,982/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$544
• Net cashflow: $950

Break-even live

Break-even rent $1,389

Max offer price $150,000

Occupancy floor 58%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9797 Giada Dr Jacksonville, FL	4.0	2.0	2286	$2,500	$1.09	23d	1	1.19mi
7219 Calamint Ave Jacksonville, FL	4.0	2.0	2286	$2,400	$1.05	14d	1	1.21mi
9626 Lemon Grass Ln Jacksonville, FL	4.0	3.0	2006	$2,200	$1.10	7d	1	1.33mi
9762 Lemon Grass Ln Jacksonville, FL	4.0	2.5	2358	$2,339	$0.99	1d	1	1.42mi

Listing history 13 events

1. 2026-05-23
   status Pending
2. 2026-05-17
   listed $150,000 Active
3. 2013-08-26
   soldstatus $35,000 331-char remark

   Show marketing remark (331 chars)

   Five bedroom three bath mobile home on over two acres of cleared land is perfect for raising that large family or to just get away from it all. Open floor plan flows from the covered front porch all the way out to the large wooden deck on the back. Split bedroom concept, open kitchen, and a separate office make this a must see.

4. 2013-07-15
   listed $37,000 331-char remark

   Show marketing remark (331 chars)

   Five bedroom three bath mobile home on over two acres of cleared land is perfect for raising that large family or to just get away from it all. Open floor plan flows from the covered front porch all the way out to the large wooden deck on the back. Split bedroom concept, open kitchen, and a separate office make this a must see.

5. 2008-12-02
   soldstatus $154,900
6. 2008-09-25
   historical
7. 2008-05-14
   listed $154,900
8. 2008-04-01
   historical
9. 2008-04-01
   soldstatus $85,600
10. 2008-03-10
    soldstatus $85,501
11. 2007-07-06
    listed $116,000
12. 2004-07-02
    soldstatus $138,000
13. 2004-04-14
    soldstatus $47,500

ⓘ 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: $2,982 · $249/mo
• Projected year-2 tax: $2,982 · $249/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°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 · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,101
• − Mortgage interest: −$8,402
• − Property taxes: −$2,982
• − Insurance: −$750
• − Repairs & maintenance: −$2,488
• − Management: −$2,488
• − Depreciation: −$4,364
• Taxable income: $9,626
• Est. tax owed @ 24.0%: −$2,310
• After-tax cash flow: $9,088/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): 14,302
• Household income: $72,184
• Rent vs Own: 17.2% rent · 82.8% own
• Severe rent burden: 173.0

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: Majority Black (55%)
• Race & ethnicity: Black 55% White 39% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Italian 2% Romanian 1% Hispanic 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 0%

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: ▼ -75.90%
• Current HPI: 263.8901
• Rent YoY: ▼ -0.25%
• 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

+215.8% since first listed

13 events — show timeline

• 2026-05-23 Pending — realMLS
• 2026-05-17 Listed $150,000 realMLS
• 2013-08-26 Sold (MLS) $35,000 realMLS
• 2013-07-15 Listed $37,000 realMLS
• 2008-12-02 Sold (Public Records) $154,900 Public Records
• 2008-09-25 Listing Removed — realMLS
• 2008-05-14 Listed $154,900 realMLS
• 2008-04-01 Sold (Public Records) $85,600 Public Records
• 2008-04-01 Listing Removed — realMLS
• 2008-03-10 Sold (MLS) $85,501 realMLS
• 2007-07-06 Listed $116,000 realMLS
• 2004-07-02 Sold (Public Records) $138,000 Public Records
• 2004-04-14 Sold (Public Records) $47,500 Public Records

Property tax history

+4.3%/yr

Latest (2025): $2,982 · +13.5% YoY. Source: county tax records.