Peppermill Plan · Yulee, FL 32097

$337,990

3 bd · 2.5 ba · 1,774 sqft · Townhouse · 299 Days on market

Good condition Garage

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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).

• Appreciation +10.0/10.0
• Cash flow +8.9/30.0
• Schools +8.5/10.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +3.2/5.0
• 1% rule +2.7/10.0
• DSCR +2.5/10.0

Listing remarks

Thoughtful design and bright, open living spaces shape the welcoming character of The Peppermill floor plan by David Weekley Homes in Westerly Park at Wildlight. From the entryway, the dining and family areas unfold in a spacious, connected layout that's ideal for both relaxed evenings and lively gatherings. At the heart of the home, the kitchen offers a generous island, ample cabinetry and easy access to under-stair storage for added convenience. A powder bath and a two-car garage enhance the functionality of the main floor, making daily routines smooth and efficient.

Key facts

• Picnic area
• Six lane lap pool
• Open air pavilion

Tags

• SIX LANE LAP POOL
• MORE THAN 12 MILES OF TRAILS
• 137 ACRES OF COMMUNITY PARKS
• OPEN AIR PAVILION
• PLAYGROUND
• PICNIC AREA

🏗️ New construction. The $337,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $365,402.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $338k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-291 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $323k (4.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (16.3% below list).
• Recommended offer: $283k (16.3% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.4% in Yulee — 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 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.
• 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 $39k of equity ($3k loan paydown + $37k 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 ~$63k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 299 days — a 12% lower offer ($297k) is reasonable based on typical stale-listing flexibility.

Recommended offer $282,762 (16.3% 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 299 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.77% ✗
• Cap rate: 5.34%
• Cash-on-cash: -3.42%
• DSCR: 0.85
• GRM: 10.8

CMA / ARV

• ARV (median comp): $365,402
• List price: $337,990
• Delta: -7.50%
• Verdict: FAIR
• Comps: 13 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	0.26mi	3/2.5	1,769 (-0%)	3mo	$320,000	$181	85
710 Windchime St	0.23mi	3/2.0	1,743 (-2%)	1mo	$369,910	$212	83
697 Windchime St	0.31mi	3/2.5	1,769 (-0%)	3mo	$330,685	$187	83
1128 Wildlight Ave	0.23mi	3/2.0	1,799 (+1%)	3mo	$339,330	$189	82
694 Windchime St	0.24mi	3/2.0	1,743 (-2%)	2mo	$400,000	$229	82
701 Windchime St	0.35mi	3/2.5	1,769 (-0%)	3mo	$320,000	$181	81
718 Windchime St	0.25mi	2/2.0 (-1)	1,755 (-1%)	0mo	$375,000	$214	79
1120 Wildlight Ave	0.10mi	3/2.0	1,649 (-7%)	3mo	$375,800	$228	79
1124 Wildlight Ave	0.17mi	3/2.5	1,921 (+8%)	3mo	$345,000	$180	76
1100 Wildlight Ave	0.24mi	3/2.0	1,631 (-8%)	3mo	$374,970	$230	71
704 Windchime St	0.24mi	2/2.0 (-1)	1,581 (-11%)	1mo	$374,530	$237	63
642 Windchime St	0.24mi	2/2.0 (-1)	1,569 (-12%)	0mo	$364,670	$232	62

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: 21.8%
• Equity multiple: 2.76×
• Total profit: $180,150
• Equity at exit: $329,183

10-year hold

• IRR: 19.6%
• Equity multiple: 6.32×
• Total profit: $544,504
• Equity at exit: $709,896

Cash invested: $102,313 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 36 active · 17 under contract
• Months of supply: 18.0 mo (6%/mo absorbed)
• Median asking: $339,999 ($195/sqft)
• Median days on market: 194 d
• This list price: 42% of active listings are priced below it
• ARV vs active asking: +5.8% 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: 10.0×

Monthly cashflow live

• Estimated rent: $2,828 high
• Mortgage (P&I): −$1,916
• Tax est. 1.5%: −$457 /mo · $5,481/yr
• Insurance: −$152
• HOA: −$0
• Vacancy / Maint / Mgmt: −$594
• Net cashflow: $-291

Break-even live

Break-even rent $3,196

Max offer price $323,237

Occupancy floor —

Sensitivity live

Price	-10% $-39	-5% $-165	+0% $-291	+5% $-418	+10% $-544
Rent	-10% $-515	-5% $-403	+0% $-291	+5% $-180	+10% $-68
Rate	-1.0pp $-107	-0.5pp $-198	base $-291	+0.5pp $-386	+1.0pp $-482

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: $91,351
• Closing costs: $10,962
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
305 Whitby Dr Yulee, FL	1.0–3.0	1.0–2.5	1279	$2,830	$2.21	0d	29	0.36mi
549 Wildlight Ave Yulee, FL	1.0–3.0	1.0–2.0	1032	$2,084	$2.02	1d	18	0.66mi
722 Cool Breeze Way Yulee, FL	2.0	2.0	1541	$3,100	$2.01	162d	1	0.74mi
719 Cool Breeze Way Yulee, FL	3.0	2.0	1575	$2,995	$1.90	138d	1	0.76mi
719 Cool Breeze Way Yulee, FL	3.0	2.0	1575	$2,995	$1.90	153d	1	0.76mi
520 Blue Daze St Yulee, FL	4.0	3.0	2260	$3,000	$1.33	2d	1	0.77mi
504 Blue Daze St Yulee, FL	3.0	2.5	2038	$2,595	$1.27	164d	1	0.79mi
141 Redbud Ln Yulee, FL	3.0	2.5	1767	$2,900	$1.64	109d	1	0.81mi
616 Palmetto Pl Yulee, FL	3.0	2.5	1721	$2,600	$1.51	10d	1	0.90mi
213 Daydream Ave Yulee, FL	3.0	2.5	1876	$2,950	$1.57	164d	1	1.06mi
274 Daydream Ave Yulee, FL	3.0	2.0	2187	$2,998	$1.37	103d	1	1.10mi
274 Daydream Ave Yulee, FL	3.0	2.0	2187	$2,998	$1.37	108d	1	1.10mi
254 Plum Orchard Ln Yulee, FL	4.0	3.0	2038	$3,000	$1.47	127d	1	1.17mi
125 Daydream Ave Yulee, FL	1.0–3.0	1.0–2.0	1076	$1,899	$1.76	0d	7	1.20mi
236 Hawthorn Park Cir Yulee, FL	4.0	3.0	2100	$3,200	$1.52	127d	1	1.24mi
236 Hawthorn Park Cir Yulee, FL	4.0	3.0	2019	$3,175	$1.57	114d	1	1.24mi

Property features AI

Finance

• Other: Address: Peppermill Plan, Yulee, FL 32097Listing status: ActiveLast modified: 2026-05-21
• Financial info: List price $337,990

Exterior

• Parking: 2 garage spaces (2 total parking spaces)
• Home design: New construction plan named PeppermillSingle-family plan
• Exterior features: Living area of 1774

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom (2.5 total)
• Interior features: Open living area (plan)

Listing history 50 events

1. 2026-11-08
   days on market $337,990 Active 299 DOM
2. 2026-11-07
   days on market $337,990 Active 298 DOM
3. 2026-11-06
   days on market $337,990 Active 297 DOM
4. 2026-11-05
   days on market $337,990 Active 296 DOM
5. 2026-11-04
   days on market $337,990 Active 295 DOM
6. 2026-11-02
   days on market $337,990 Active 293 DOM
7. 2026-11-01
   days on market $337,990 Active 292 DOM
8. 2026-10-31
   days on market $337,990 Active 291 DOM
9. 2026-10-30
   days on market $337,990 Active 290 DOM
10. 2026-10-29
    days on market $337,990 Active 289 DOM
11. 2026-10-28
    days on market $337,990 Active 288 DOM
12. 2026-10-27
    days on market $337,990 Active 287 DOM
13. 2026-10-26
    days on market $337,990 Active 286 DOM
14. 2026-10-25
    days on market $337,990 Active 285 DOM
15. 2026-10-24
    days on market $337,990 Active 284 DOM
16. 2026-10-23
    days on market $337,990 Active 283 DOM
17. 2026-10-22
    days on market $337,990 Active 282 DOM
18. 2026-10-21
    days on market $337,990 Active 281 DOM
19. 2026-10-20
    days on market $337,990 Active 280 DOM
20. 2026-10-19
    days on market $337,990 Active 279 DOM
21. 2026-10-18
    days on market $337,990 Active 278 DOM
22. 2026-10-17
    days on market $337,990 Active 277 DOM
23. 2026-10-16
    days on market $337,990 Active 276 DOM
24. 2026-10-15
    days on market $337,990 Active 275 DOM
25. 2026-10-14
    days on market $337,990 Active 274 DOM
26. 2026-10-13
    days on market $337,990 Active 273 DOM
27. 2026-10-12
    days on market $337,990 Active 272 DOM
28. 2026-10-11
    days on market $337,990 Active 271 DOM
29. 2026-10-10
    days on market $337,990 Active 270 DOM
30. 2026-10-09
    days on market $337,990 Active 269 DOM
31. 2026-10-08
    days on market $337,990 Active 268 DOM
32. 2026-10-07
    days on market $337,990 Active 267 DOM
33. 2026-10-06
    days on market $337,990 Active 266 DOM
34. 2026-10-05
    days on market $337,990 Active 265 DOM
35. 2026-10-04
    days on market $337,990 Active 264 DOM
36. 2026-10-03
    days on market $337,990 Active 263 DOM
37. 2026-10-02
    days on market $337,990 Active 262 DOM
38. 2026-10-01
    days on market $337,990 Active 261 DOM
39. 2026-09-30
    days on market $337,990 Active 260 DOM
40. 2026-09-29
    days on market $337,990 Active 259 DOM
41. 2026-09-28
    days on market $337,990 Active 258 DOM
42. 2026-09-27
    days on market $337,990 Active 257 DOM
43. 2026-09-25
    days on market $337,990 Active 255 DOM
44. 2026-09-24
    days on market $337,990 Active 254 DOM
45. 2026-09-23
    days on market $337,990 Active 253 DOM
46. 2026-09-22
    days on market $337,990 Active 252 DOM
47. 2026-09-21
    days on market $337,990 Active 251 DOM
48. 2026-09-20
    days on market $337,990 Active 250 DOM
49. 2026-09-19
    days on market $337,990 Active 249 DOM
50. 2026-09-18
    days on market $337,990 Active 248 DOM

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

Taxation est. · year 1

• Rental income: $33,931
• − Mortgage interest: −$20,468
• − Property taxes: −$5,481
• − Insurance: −$1,827
• − Repairs & maintenance: −$2,715
• − Management: −$2,715
• − Depreciation: −$10,630
• Taxable loss: −$9,904
• Est. tax savings @ 24.0%: +$2,377
• After-tax cash flow: $-1,120/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 · 6 photos

Good 80/100 Cosmetic rehab Est. rehab $8,870–$26,610 screening

The Peppermill Plan in Yulee, FL is a well-maintained townhouse with good condition and a good rehab level. It offers a modern kitchen, well-maintained bathrooms, and a good exterior. The home is in good condition and ready for a fresh paint job and landscaping improvements to further enhance its value.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — A well-maintained yard can increase both resale and rental value. ↑
• Resale Updating the kitchen backsplash — A fresh backsplash can modernize the kitchen and attract more buyers. ↑
• Resale Upgrading the flooring in high-traffic areas — Updated flooring can improve the home's overall appearance and appeal to potential buyers. ↑
• Both Installing smart home features — Smart home features can increase both resale and rental value by making the home more convenient and energy-efficient. ↑

ⓘ 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.

A Composite school gradezoned avg 85/100

Zoned Schools

Elementary Wildlight Elementary A+ FL #35/2,144 Nat'l #493/41,679

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

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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%

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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%

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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: —

Market trends

• HPI YoY: ▲ 49.35%
• Current HPI: 301.9299
• Rent YoY: ▲ 2.88%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Other: Address: Peppermill Plan, Yulee, FL 32097Listing status: ActiveLast modified: 2026-05-21
• Financial info: List price $337,990

Exterior

• Parking: 2 garage spaces (2 total parking spaces)
• Home design: New construction plan named PeppermillSingle-family plan
• Exterior features: Living area of 1774

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom (2.5 total)
• Interior features: Open living area (plan)