13417 Collen Rd · Jacksonville, FL 32218

$179,000

3 bd · 1.0 ba · 910 sqft · SingleFamily public records · 15 Days on market

Built 1960 7,840 sqft lot Est $199k · 10% 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 +25.5/30.0
• ARV discount +12.1/15.0
• DSCR +8.4/10.0
• 1% rule +6.4/10.0
• 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 MLS

**SELLING UNDER APPRAISED VALUE** (see attached appraisal in Documents) THIS IS A MOVE IN READY HOME!!!! Only 5mins away from UF HEALTH NORTH, and less time to River City Marketplace shops, restaurants and grocery stores. This 3 bedroom 1 bath home has been beautifully updated. New electrical panel. New water heater. New kitchen cabinets and SS appliances. Skylight in kitchen makes it light and bright. New beautiful vinyl wood plank look flooring in all living areas and tile in kitchen and bath. No carpet anywhere! Roof is about 7 years old. Bathroom has been tastefully updated. Newer electric source heat and air units. Huge partially fenced-in backyard, bring your RV, boat or even put in a large pool- the space is available!

Key facts

• Newer kitchen
• Appliances
• Tile in kitchen

Tags

• NEWER KITCHEN
• ELECTRICAL PANEL
• WATER HEATER
• APPLIANCES
• LVP FLOORING
• TILE IN KITCHEN

Property features AI

Finance

• Other: Property used as residential single family
• HOA & community: Not a senior community

Exterior

• Parking: Attached carport (1 space)
• Utilities: Cable available; Sewer connected; Water connected
• Home design: Single family residence
• Exterior features: Other detached structure on property; 0.18-acre lot

Interior

• Kitchen: Dishwasher; Electric range
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Electric cooling; Wall/window unit(s) for cooling
• Interior features: Dishwasher; Electric range; Electric water heater
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $179k.

Deal economics

• At list price, monthly cash flow is $418 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $179k).
• Recommended offer: $176k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.1% 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+.
• 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 (-0.4%/yr); 728 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 35% of the median local income ($70k/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 $5k 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 15 days — a 2% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y 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.

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 $176,315 (1.5% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 9.09%
• Cash-on-cash: 10.00%
• DSCR: 1.44
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $199,290
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13230 Galway Ave	0.22mi	3/1.0	862 (-5%)	10mo	$145,000	$168	73
13430 Beall Ave	0.10mi	3/1.0	936 (+3%)	22mo	$205,000	$219	72
13340 Gillespie Ave	0.14mi	3/2.0	884 (-3%)	19mo	$199,000	$225	69

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: -4.6%
• Equity multiple: 0.83×
• Total profit: $-8,380
• Equity at exit: $26,689

10-year hold

• IRR: 1.3%
• Equity multiple: 1.08×
• Total profit: $3,873
• Equity at exit: $15,477

Cash invested: $50,120 (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: 728
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,039 high
• Mortgage (P&I): −$939
• Tax from tax record: −$180 /mo · $2,161/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $418

Break-even live

Break-even rent $1,511

Max offer price $179,000

Occupancy floor 75%

Sensitivity live

Price	-10% $519	-5% $468	+0% $418	+5% $367	+10% $316
Rent	-10% $257	-5% $337	+0% $418	+5% $498	+10% $579
Rate	-1.0pp $508	-0.5pp $463	base $418	+0.5pp $371	+1.0pp $324

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13283 N Main St Jacksonville, FL	1.0–2.0	1.0–2.0	1041	$1,947	$1.87	2d	24	0.18mi
225 Duval Station Rd Jacksonville, FL	1.0–2.0	1.0–2.0	1119	$1,700	$1.52	11d	1	0.65mi
13100 Broxton Bay Dr Jacksonville, FL	1.0–2.0	1.0–2.0	1093	$1,696	$1.55	2d	45	0.74mi
250 Vernis Ave Jacksonville, FL	4.0	1.0	1100	$2,250	$2.05	5d	1	0.87mi
256 Vernis Ave Jacksonville, FL	4.0	1.0	1050	$2,125	$2.02	24d	1	0.88mi
14041 Hyatt Rd Jacksonville, FL	1.0–2.0	1.0–2.0	962	$2,009	$2.09	3d	49	0.92mi
525 New Berlin Rd Jacksonville, FL	4.0	1.0	1100	$2,200	$2.00	17d	1	0.92mi
12900 Broxton Bay Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1103	$1,700	$1.54	3d	34	1.02mi
14355 N Main St Jacksonville, FL	1.0–3.0	1.0–2.0	1068	$2,675	$2.50	2d	43	1.18mi
14105 Epply Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1242	$2,341	$1.88	3d	42	1.35mi

Listing history 20 events

1. 2026-05-06
   status Pending
2. 2026-05-03
   price $179,000
3. 2026-04-28
   status Active
4. 2026-03-18
   historical
5. 2026-03-11
   listed $185,000 Active
6. 2023-03-07
   soldstatus $185,000
7. 2023-03-03
   soldstatus $185,000 Sold 739-char remark

   Show marketing remark (739 chars)

   **SELLING UNDER APPRAISED VALUE** (see attached appraisal in Documents) THIS IS A MOVE IN READY HOME!!!! Only 5mins away from UF HEALTH NORTH, and less time to River City Marketplace shops, restaurants and grocery stores. This 3 bedroom 1 bath home has been beautifully updated. New electrical panel. New water heater. New kitchen cabinets and SS appliances. Skylight in kitchen makes it light and bright. New beautiful vinyl wood plank look flooring in all living areas and tile in kitchen and bath. No carpet anywhere! Roof is about 7 years old. Bathroom has been tastefully updated. Newer electric source heat and air units. Huge partially fenced-in backyard, bring your RV, boat or even put in a large pool- the space is available!

8. 2023-02-27
   status Pending 739-char remark

   Show marketing remark (739 chars)

   **SELLING UNDER APPRAISED VALUE** (see attached appraisal in Documents) THIS IS A MOVE IN READY HOME!!!! Only 5mins away from UF HEALTH NORTH, and less time to River City Marketplace shops, restaurants and grocery stores. This 3 bedroom 1 bath home has been beautifully updated. New electrical panel. New water heater. New kitchen cabinets and SS appliances. Skylight in kitchen makes it light and bright. New beautiful vinyl wood plank look flooring in all living areas and tile in kitchen and bath. No carpet anywhere! Roof is about 7 years old. Bathroom has been tastefully updated. Newer electric source heat and air units. Huge partially fenced-in backyard, bring your RV, boat or even put in a large pool- the space is available!

9. 2023-02-06
   historical Active - Contingent 739-char remark

   Show marketing remark (739 chars)

   **SELLING UNDER APPRAISED VALUE** (see attached appraisal in Documents) THIS IS A MOVE IN READY HOME!!!! Only 5mins away from UF HEALTH NORTH, and less time to River City Marketplace shops, restaurants and grocery stores. This 3 bedroom 1 bath home has been beautifully updated. New electrical panel. New water heater. New kitchen cabinets and SS appliances. Skylight in kitchen makes it light and bright. New beautiful vinyl wood plank look flooring in all living areas and tile in kitchen and bath. No carpet anywhere! Roof is about 7 years old. Bathroom has been tastefully updated. Newer electric source heat and air units. Huge partially fenced-in backyard, bring your RV, boat or even put in a large pool- the space is available!

10. 2023-01-02
    listed $189,000 Active 739-char remark

    Show marketing remark (739 chars)

    **SELLING UNDER APPRAISED VALUE** (see attached appraisal in Documents) THIS IS A MOVE IN READY HOME!!!! Only 5mins away from UF HEALTH NORTH, and less time to River City Marketplace shops, restaurants and grocery stores. This 3 bedroom 1 bath home has been beautifully updated. New electrical panel. New water heater. New kitchen cabinets and SS appliances. Skylight in kitchen makes it light and bright. New beautiful vinyl wood plank look flooring in all living areas and tile in kitchen and bath. No carpet anywhere! Roof is about 7 years old. Bathroom has been tastefully updated. Newer electric source heat and air units. Huge partially fenced-in backyard, bring your RV, boat or even put in a large pool- the space is available!

11. 2022-12-28
    historical 120-char remark

    Show marketing remark (120 chars)

    Cute, and cozy! Large front yard. All new flooring throughout. Fresh paint job. New electrical panel & water heater.

12. 2022-10-12
    listed $194,000 Active 120-char remark

    Show marketing remark (120 chars)

    Cute, and cozy! Large front yard. All new flooring throughout. Fresh paint job. New electrical panel & water heater.

13. 2022-10-07
    status Active
14. 2022-10-07
    historical
15. 2022-09-20
    status Pending
16. 2022-09-11
    historical Active - Contingent
17. 2022-07-08
    listed $198,000 Active
18. 1994-08-29
    soldstatus $32,800
19. 1993-12-23
    soldstatus $34,500
20. 1987-04-01
    soldstatus $30,000

ⓘ 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: $2,161 · $180/mo
• Projected year-2 tax: $2,161 · $180/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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 · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,470
• − Mortgage interest: −$10,027
• − Property taxes: −$2,161
• − Insurance: −$895
• − Repairs & maintenance: −$1,958
• − Management: −$1,958
• − Depreciation: −$5,207
• Taxable income: $2,265
• Est. tax owed @ 24.0%: −$544
• After-tax cash flow: $4,468/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

+496.7% since first listed

20 events — show timeline

• 2026-05-06 Pending — realMLS
• 2026-05-03 Price Changed $179,000 realMLS
• 2026-04-28 Relisted — realMLS
• 2026-03-18 Listing Removed — realMLS
• 2026-03-11 Listed $185,000 realMLS
• 2023-03-07 Sold (Public Records) $185,000 Public Records
• 2023-03-03 Sold (MLS) $185,000 realMLS
• 2023-02-27 Pending — realMLS
• 2023-02-06 Contingent — realMLS
• 2023-01-02 Listed $189,000 realMLS
• 2022-12-28 Listing Removed — realMLS
• 2022-10-12 Listed $194,000 realMLS
• 2022-10-07 Relisted — realMLS
• 2022-10-07 Listing Removed — realMLS
• 2022-09-20 Pending — realMLS
• 2022-09-11 Contingent — realMLS
• 2022-07-08 Listed $198,000 realMLS
• 1994-08-29 Sold (Public Records) $32,800 Public Records
• 1993-12-23 Sold (Public Records) $34,500 Public Records
• 1987-04-01 Sold (Public Records) $30,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $2,161 · +11.6% YoY. Source: county tax records.