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1068 Wildlight Ave
D+ Composite 47.09
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).

  • Appreciation +10.0/10.0
  • ARV discount +9.8/15.0
  • Schools +6.8/10.0
  • Cash flow +6.4/30.0
  • Condition / age +3.8/5.0
  • Livability +3.3/5.0
  • Rent growth +3.2/5.0
  • 1% rule +3.1/10.0
  • DSCR +0.7/10.0

$345,995

1068 Wildlight Ave · Yulee, FL 32097
3 bd · 2.5 ba · 1,791 sqft · Townhouse · 213 Days on market
Built 2026 Good condition 2-car garage $193/sqft · 5% below area Est $364k · 5% under $417/mo HOA · 15% of rent ↓ 6% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this beautifully appointed two-story townhome in the desirable Westerly Park neighborhood at Wildlight in Nassau County, home to Florida's top-rated school systems. Situated in a natural gas community, this home offers a no-exterior-maintenance lifestyle with access to Wildlight's exceptional amenities, including family-sized and lap pools, playgrounds, parks, and over 12 miles of scenic walking trails. This spacious 1,791 square foot home features 3 bedrooms, 2.5 bathrooms, and an oversized 2-car garage. The gourmet kitchen is a standout with Sonoma Painted Linen white cabinetry, tile backsplash, quartz countertops, a large island with sink and pendant lighting, faucets in a stylish matte black finish, wall oven and microwave combination, and a drop-in cooktop with convenient pot drawers. The open floor plan is enhanced by luxury vinyl plank flooring throughout the main living areas and primary bedroom, with plush carpet in the secondary bedrooms and tile flooring in all bathrooms. The Owner's Retreat offers a tray ceiling, large walk-in closet, double vanity, and a spacious walk-in shower with elegant tile surround. Additional features include 9-foot ceilings, 8-foot interior and front doors with rain glass insert, whole-home blinds, and modern finishes throughout. Enjoy a carefree lifestyle in one of Northeast Florida's most vibrant master-planned communities.

Key facts

  • Gourmet kitchen
  • Two story townhome
  • $417 HOA

Tags

TWO STORY TOWNHOMENATURAL GAS COMMUNITYNO EXTERIOR MAINTENANCEGOURMET KITCHENSONOMA PAINTED LINEN CABINETRYEMSER TILE BACKSPLASH

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $346k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-596 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $260k (24.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $280k (19.1% below list).
  • Recommended offer: $260k (24.9% below list) — sets the bar for cash-flow.
  • Cap rate 4.2% vs local median 3.4% in Yulee — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Wildlight Elementary (math 90% / reading 80%, grade A+, #35 of 2,144 statewide, top 2%, 1,025 students, 34% FRL); Yulee Middle School (math 73% / reading 61%, grade A-, #80 of 571 statewide, top 14%, 1,202 students, 41% FRL); Yulee High School (math 52% / reading 54%, grade C-, #148 of 667 statewide, top 23%, 1,407 students, 35% FRL) — zoned schools at 37% FRL track the district average.
  • Market conditions: Rents rising (+2.9%/yr); 943 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 114d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 953 units permitted in Nassau County in 2024 (24 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $37k of equity ($2k loan paydown + $35k appreciation (10.0% local appreciation)).
  • Nassau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$59k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 213 days — a 12% lower offer ($304k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $23k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $259,688 (24.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 213 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.81% ✗
Cap rate
4.22%
Cash-on-cash
-7.39%
DSCR
0.67
GRM
10.3

CMA / ARV

ARV (median comp)
$364,343
List price
$345,995
Delta
-5.04%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
693 Windchime St 0.02mi 3/2.5 1,769 (-1%) 3mo $320,000 $181 95
1128 Wildlight Ave 0.01mi 3/2.0 1,799 (+0%) 3mo $339,330 $189 94
697 Windchime St 0.07mi 3/2.5 1,769 (-1%) 3mo $330,685 $187 93
710 Windchime St 0.01mi 3/2.0 1,743 (-3%) 1mo $369,910 $212 92
694 Windchime St 0.00mi 3/2.0 1,743 (-3%) 2mo $400,000 $229 91
701 Windchime St 0.11mi 3/2.5 1,769 (-1%) 3mo $320,000 $181 91
718 Windchime St 0.03mi 2/2.0 (-1) 1,755 (-2%) 0mo $375,000 $214 88
1124 Wildlight Ave 0.08mi 3/2.5 1,921 (+7%) 3mo $345,000 $180 82
1100 Wildlight Ave 0.01mi 3/2.0 1,631 (-9%) 3mo $374,970 $230 81
1120 Wildlight Ave 0.14mi 3/2.0 1,649 (-8%) 3mo $375,800 $228 75
704 Windchime St 0.00mi 2/2.0 (-1) 1,581 (-12%) 1mo $374,530 $237 72
642 Windchime St 0.01mi 2/2.0 (-1) 1,569 (-12%) 0mo $364,670 $232 72

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

Projected returns pro-forma

10.0% appreciation · 2.88% rent growth · sell at horizon

5-year hold
IRR
19.1%
Equity multiple
2.55×
Total profit
$150,411
Equity at exit
$311,700
10-year hold
IRR
17.6%
Equity multiple
5.88×
Total profit
$472,720
Equity at exit
$672,192

Cash invested: $96,879 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
30 active · 17 under contract
Months of supply
15.0 mo (7%/mo absorbed)
Median asking
$339,999 ($195/sqft)
Median days on market
245 d
This list price
57% of active listings are priced below it
ARV vs active asking
+4.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32097

Home prices YoY
19.5%
Rents YoY
2.9%
Active inventory
943
Price-to-rent
10.3×

Monthly cashflow live

Estimated rent
$2,800 high interval (Pro) →
Mortgage (P&I)
−$1,814
Tax est. 1.5%
−$432 /mo · $5,190/yr
Insurance
−$144
HOA
−$417
Vacancy / Maint / Mgmt
−$588
Net cashflow
$-596

Break-even live

Break-even rent $3,555
Max offer price $259,688
Occupancy floor —

Sensitivity live

Price -10% $-357 -5% $-477 +0% $-596 +5% $-716 +10% $-836
Rent -10% $-818 -5% $-707 +0% $-596 +5% $-486 +10% $-375
Rate -1.0pp $-422 -0.5pp $-508 base $-596 +0.5pp $-686 +1.0pp $-777

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
$86,499
Closing costs
$10,380
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
305 Whitby Dr Yulee, FL 1.0–3.0 1.0–2.5 1279 $2,830 $2.21 0d 29 0.16mi
549 Wildlight Ave Yulee, FL 1.0–3.0 1.0–2.0 1032 $2,084 $2.02 1d 18 0.40mi
141 Redbud Ln Yulee, FL 3.0 2.5 1767 $2,900 $1.64 109d 1 0.62mi
520 Blue Daze St Yulee, FL 4.0 3.0 2260 $3,000 $1.33 2d 1 0.63mi
504 Blue Daze St Yulee, FL 3.0 2.5 2038 $2,595 $1.27 164d 1 0.65mi
616 Palmetto Pl Yulee, FL 3.0 2.5 1721 $2,600 $1.51 10d 1 0.76mi
722 Cool Breeze Way Yulee, FL 2.0 2.0 1541 $3,100 $2.01 162d 1 0.88mi
719 Cool Breeze Way Yulee, FL 3.0 2.0 1575 $2,995 $1.90 138d 1 0.91mi
719 Cool Breeze Way Yulee, FL 3.0 2.0 1575 $2,995 $1.90 153d 1 0.91mi
213 Daydream Ave Yulee, FL 3.0 2.5 1876 $2,950 $1.57 164d 1 0.92mi
274 Daydream Ave Yulee, FL 3.0 2.0 2187 $2,998 $1.37 103d 1 0.99mi
274 Daydream Ave Yulee, FL 3.0 2.0 2187 $2,998 $1.37 108d 1 0.99mi
125 Daydream Ave Yulee, FL 1.0–3.0 1.0–2.0 1076 $1,899 $1.76 0d 7 1.04mi
254 Plum Orchard Ln Yulee, FL 4.0 3.0 2038 $3,000 $1.47 127d 1 1.21mi
236 Hawthorn Park Cir Yulee, FL 4.0 3.0 2100 $3,200 $1.52 127d 1 1.29mi
236 Hawthorn Park Cir Yulee, FL 4.0 3.0 2019 $3,175 $1.57 114d 1 1.29mi

Property features AI

Finance

HOA & community
Homeowners association with amenities including basketball court, dog park, park, pickleball, playground and tennis courtsAnnual association fee of $1,219.36 (one payment annually)Monthly association fee of $315.90Association fees include insurance, grounds maintenance, structure maintenance and trashCDD fee applies ($777.33)

Exterior

Parking
2-car garage with garage door opener
Security
Carbon monoxide detector(s)Smoke detector(s)Firewall(s)
Utilities
Public sewerCable availableElectricity connectedNatural gas connectedSewer connectedWater connected
Home design
TownhouseTwo levelsProperty is attachedResidential use
Construction
Frame constructionShingle roof
Exterior features
Community pool (not private)SidewalksCounty road frontageAsphalt road surfaceCarbon monoxide detector(s)FirewallsSmoke detector(s)

Interior

Kitchen
DishwasherDisposalElectric ovenGas cooktopMicrowavePlumbed for ice makerTankless water heater
Bedrooms
3 bedrooms (two bedrooms located on the second level)
Flooring
Luxury vinyl plank (LVP)CarpetTile
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Electric heatingCentral air conditioningElectric cooling
Interior features
Kitchen islandOpen floorplanPantryPrimary bathroom with shower (no tub)Smart thermostatSplit bedroom layoutWalk-in closet(s)
Laundry & utility
In-unit laundryWasher hookupWasher/dryer hookups for electric dryerWasher/dryer hookups for gas dryerUpper-level laundry

HOA detail $417/mo · $5,004/yr

Likely covers
gaslandscapingpool

Listing history 50 events

  1. 2026-11-08
    days on market $345,995 Active 213 DOM
  2. 2026-11-07
    days on market $345,995 Active 212 DOM
  3. 2026-11-06
    days on market $345,995 Active 211 DOM
  4. 2026-11-05
    days on market $345,995 Active 210 DOM
  5. 2026-11-04
    days on market $345,995 Active 209 DOM
  6. 2026-11-02
    days on market $345,995 Active 207 DOM
  7. 2026-11-01
    days on market $345,995 Active 206 DOM
  8. 2026-10-31
    days on market $345,995 Active 205 DOM
  9. 2026-10-30
    days on market $345,995 Active 204 DOM
  10. 2026-10-29
    days on market $345,995 Active 203 DOM
  11. 2026-10-28
    days on market $345,995 Active 202 DOM
  12. 2026-10-27
    days on market $345,995 Active 201 DOM
  13. 2026-10-26
    days on market $345,995 Active 200 DOM
  14. 2026-10-25
    days on market $345,995 Active 199 DOM
  15. 2026-10-24
    days on market $345,995 Active 198 DOM
  16. 2026-10-23
    days on market $345,995 Active 197 DOM
  17. 2026-10-22
    days on market $345,995 Active 196 DOM
  18. 2026-10-21
    days on market $345,995 Active 195 DOM
  19. 2026-10-20
    days on market $345,995 Active 194 DOM
  20. 2026-10-19
    days on market $345,995 Active 193 DOM
  21. 2026-10-18
    days on market $345,995 Active 192 DOM
  22. 2026-10-17
    days on market $345,995 Active 191 DOM
  23. 2026-10-16
    days on market $345,995 Active 190 DOM
  24. 2026-10-15
    days on market $345,995 Active 189 DOM
  25. 2026-10-14
    days on market $345,995 Active 188 DOM
  26. 2026-10-13
    days on market $345,995 Active 187 DOM
  27. 2026-10-12
    days on market $345,995 Active 186 DOM
  28. 2026-10-11
    days on market $345,995 Active 185 DOM
  29. 2026-10-10
    days on market $345,995 Active 184 DOM
  30. 2026-10-09
    days on market $345,995 Active 183 DOM
  31. 2026-10-08
    days on market $345,995 Active 182 DOM
  32. 2026-10-07
    days on market $345,995 Active 181 DOM
  33. 2026-10-06
    days on market $345,995 Active 180 DOM
  34. 2026-10-05
    days on market $345,995 Active 179 DOM
  35. 2026-10-04
    days on market $345,995 Active 178 DOM
  36. 2026-10-03
    days on market $345,995 Active 177 DOM
  37. 2026-10-02
    days on market $345,995 Active 176 DOM
  38. 2026-10-01
    days on market $345,995 Active 175 DOM
  39. 2026-09-30
    days on market $345,995 Active 174 DOM
  40. 2026-09-29
    days on market $345,995 Active 173 DOM
  41. 2026-09-28
    days on market $345,995 Active 172 DOM
  42. 2026-09-27
    days on market $345,995 Active 171 DOM
  43. 2026-09-25
    days on market $345,995 Active 169 DOM
  44. 2026-09-24
    days on market $345,995 Active 168 DOM
  45. 2026-09-23
    remarks 699-char remark
  46. 2026-09-23
    days on market $345,995 Active 167 DOM
  47. 2026-09-22
    days on market $345,995 Active 166 DOM
  48. 2026-09-21
    days on market $345,995 Active 165 DOM
  49. 2026-09-20
    days on market $345,995 Active 164 DOM
  50. 2026-09-19
    days on market $345,995 Active 163 DOM

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 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 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,595
− Mortgage interest
−$19,381
− Property taxes
−$5,190
− Insurance
−$1,730
− Repairs & maintenance
−$2,688
− Management
−$2,688
− HOA
−$5,004
− Depreciation
−$10,065
Taxable loss
−$13,151
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,156
After-tax cash flow
$-4,001/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.

Condition & rehab AI · 2 photos

Good 75/100 Cosmetic rehab Est. rehab $8,955–$26,865 screening

This well-maintained townhouse in a desirable neighborhood offers a no exterior maintenance lifestyle and is ready for a new owner to move in.

Value-add opportunities

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value ↑
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value ↑
  • Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

C Composite school gradezoned avg 68/100

Zoned Schools

Elementary Wildlight Elementary A+ FL #35/2,144 Nat'l #493/41,679 Middle Yulee Middle School A- FL #80/571 Nat'l #1,048/14,009 High Yulee High School C- FL #148/667 Nat'l #4,893/17,239

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
C Composite livability gradescore 66/100

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 · 88,419 people
City population
26,700
Metro
Jacksonville, FL
Population (ZIP)
26,700
Household income
$93,161
Rent vs Own
19.8% rent · 80.2% own
Severe rent burden
9% of renters

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 (75%)
Race & ethnicity
White 75% Two or more races 9% Black 9% Hispanic / Latino 8% Asian 1% Native American 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Languages at home
93% English-only · Spanish 5% Vietnamese 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
—

Price history

-6.3% since first listed
11 events — show timeline
  • 2026-06-24 Price Changed $345,995 Zillow
  • 2026-06-23 Price Changed $345,995 AINCAR
  • 2026-06-23 Price Changed $345,995 realMLS
  • 2026-06-10 Price Changed $378,995 AINCAR
  • 2026-06-09 Price Changed $378,995 Zillow
  • 2026-06-09 Price Changed $378,995 realMLS
  • 2026-06-04 Price Changed $369,205 Zillow
  • 2026-06-04 Price Changed $369,205 realMLS
  • 2026-05-09 Listed $369,260 Zillow
  • 2026-04-14 Listed $369,260 AINCAR
  • 2026-04-09 Listed $369,260 realMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…