6002 Westwood Rd · Jacksonville, FL 32234

$154,900

2 bd · 1.0 ba · 728 sqft · Manufactured public records · 83 Days on market

Built 1983 1.02 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 +21.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• Appreciation +5.2/10.0
• Schools +5.1/10.0
• 1% rule +4.9/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Come make this charming 2-bedroom, 1-bath home yours! Enjoy peaceful country living with plenty of space to relax and unwind. Whether you're looking for a cozy primary residence or a quiet getaway, this property offers the perfect blend of comfort and rural charm.

Key facts

• 1.02 acre lot
• Built 1983
• Listed 83 days

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Unassigned parking
• Utilities: Electricity available
• Home design: Single wide mobile home; One story; Property is attached; Used as a manufactured home
• Exterior features: Nearly 1-acre lot

Interior

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

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/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 $153k (1.4% below list).
• Recommended offer: $146k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.1% 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+.
• Clay (suburban): math 58% / reading 59% proficiency, ranked #14 of 73 in FL (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 232 active listings in the ZIP; solid renter incomes; 1,876 units permitted in Clay County in 2024 (14 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($1k loan paydown + $697 appreciation (0.5% local appreciation)).
• Clay County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (0.5% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $7k; list at $155k implies a 2114% 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; major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,606 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.99% ✗
• Cap rate: 8.08%
• Cash-on-cash: 6.37%
• DSCR: 1.28
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.45% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.3%
• Equity multiple: 1.31×
• Total profit: $13,397
• Equity at exit: $48,497

10-year hold

• IRR: 11.0%
• Equity multiple: 2.26×
• Total profit: $54,526
• Equity at exit: $61,183

Cash invested: $43,372 (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 32234

• Home prices YoY: 0.2%
• Active inventory: 232
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,527 medium
• Mortgage (P&I): −$812
• Tax from tax record: −$99 /mo · $1,188/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $230

Break-even live

Break-even rent $1,235

Max offer price $154,900

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $154,900 Active 83 DOM
2. 2026-06-17
   days on market $154,900 Active 82 DOM
3. 2026-06-16
   days on market $154,900 Active 81 DOM
4. 2026-06-15
   days on market $154,900 Active 80 DOM
5. 2026-06-13
   days on market $154,900 Active 78 DOM
6. 2026-06-13
   days on market $154,900 Active 77 DOM
7. 2026-06-09
   days on market $154,900 Active 74 DOM
8. 2026-06-08
   days on market $154,900 Active 73 DOM
9. 2026-06-07
   days on market $154,900 Active 72 DOM
10. 2026-06-03
    days on market $154,900 Active 68 DOM
11. 2026-06-02
    days on market $154,900 Active 67 DOM
12. 2026-06-01
    days on market $154,900 Active 66 DOM
13. 2026-05-31
    days on market $154,900 Active 65 DOM
14. 2026-05-08
    price $154,900
15. 2026-05-07
    price $159,900
16. 2026-03-27
    listed $164,900 Active

    Show marketing remark (264 chars)

    Come make this charming 2-bedroom, 1-bath home yours! Enjoy peaceful country living with plenty of space to relax and unwind. Whether you're looking for a cozy primary residence or a quiet getaway, this property offers the perfect blend of comfort and rural charm.

17. 2026-03-27
    listed $164,900 Active 264-char remark

    Show marketing remark (264 chars)

    Come make this charming 2-bedroom, 1-bath home yours! Enjoy peaceful country living with plenty of space to relax and unwind. Whether you're looking for a cozy primary residence or a quiet getaway, this property offers the perfect blend of comfort and rural charm.

18. 2026-03-27
    historical 264-char remark

    Show marketing remark (264 chars)

    Come make this charming 2-bedroom, 1-bath home yours! Enjoy peaceful country living with plenty of space to relax and unwind. Whether you're looking for a cozy primary residence or a quiet getaway, this property offers the perfect blend of comfort and rural charm.

19. 2023-09-24
    historical $1,100
20. 2023-09-08
    listed $1,100
21. 1993-09-09
    soldstatus $6,995

ⓘ 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: $1,188 · $99/mo
• Projected year-2 tax: $1,286 · $107/mo
• Expected delta: +$98/yr (+$8/mo · 8.2%)

ⓘ 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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,319
• − Mortgage interest: −$8,677
• − Property taxes: −$1,188
• − Insurance: −$774
• − Repairs & maintenance: −$1,465
• − Management: −$1,465
• − Depreciation: −$4,506
• Taxable income: $242
• Est. tax owed @ 24.0%: −$58
• After-tax cash flow: $2,703/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: Clay
• NCES district ID: 1200300
• Math proficiency: 58% ▼ -8.00%
• Reading proficiency: 59% ▼ -3.00%
• Median HH income: $59,379
• Composite: 50.73/100
• National rank: #1815
• State rank: #14 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

• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 9,678
• Household income: $87,331
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 62.0

Population outlook (Clay County) Hauer SSP2

• Today (2025): 230,495 people
• By 2030: 242,427 · +5.2%
• By 2040: 262,244 · +13.8%
• By 2050: 275,148 · +19.4%
• By 2075: 295,397 · +28.2%
• By 2100: 287,592 · +24.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 16% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Salvadoran 1%
• Common ancestry: Serbian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 4% · Canada, Dominican Republic
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Clay

• 2024 margin: Solid R (+39.3) · D 29.9% · R 69.2%
• 2008→2024 swing: +3.6pp toward D · 2008: -42.8pp · 2024: -39.3pp
• All cycles: 2024: R+39.3 2020: R+37.1 2016: R+44.3 2012: R+45.8 2008: R+42.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.45%
• Current HPI: 288.4613
• Rent YoY: —
• 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

+2114.4% since first listed

8 events — show timeline

• 2026-05-08 Price Changed $154,900 realMLS
• 2026-05-07 Price Changed $159,900 realMLS
• 2026-03-27 Listing Removed — realMLS
• 2026-03-27 Listed $164,900 realMLS
• 2026-03-27 Listed $164,900 realMLS
• 2023-09-24 Rental Removed $1,100 APPFOLIO
• 2023-09-08 Listed for Rent $1,100 APPFOLIO
• 1993-09-09 Sold (Public Records) $6,995 Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,188 · +14.3% YoY. Source: county tax records.