6947 Hunnicutt Ln · Jacksonville, FL 32219

$135,000

3 bd · 1.0 ba · 1,125 sqft · SingleFamily public records · 62 Days on market

Built 1939 0.25 ac lot Est $234k · 42% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• 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

INVESTOR SPECIAL - ENTER AT YOUR OWN RISK! Serious investors only! This 3BR/1BA, 1,125 sq ft home in Dinsmore Farms (Jacksonville, FL) is a full gut or tear-down. Major foundation issues, mold throughout, and a deceased person was recently found inside. Bring your mask, flashlight, and contractor! Property sits on a 0.25-acre lot (80x150) and has tons of potential for a rebuild or high-return flip. Cash buyers only — NO financing. Sold AS-IS, where-is. Neighbors are very nosey, so please be discreet and respectful when viewing. Great location near schools, highways, and job centers. Priced to move fast — don't miss this one!

Key facts

• Spacious lot
• Conveniently located
• 0.25 acre lot

Tags

• SPACIOUS LOT
• CONVENIENTLY LOCATED

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Water available
• Home design: Single family residence; Residential use
• Exterior features: Quarter-acre lot

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 4 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: Central heating; Central air conditioning

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $631 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.9% vs local median 3.9% 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.
• Zoned schools: Dinsmore Elementary School (math 61% / reading 47%, grade C, #936 of 2,144 statewide, top 44%, 595 students, 53% FRL); Highlands Middle School (math 31% / reading 21%, grade F, #506 of 571 statewide, top 89%, 697 students, 73% FRL); Jean Ribault High School (math 22% / reading 25%, grade F, #533 of 667 statewide, top 80%, 1,385 students, 71% FRL) — zoned schools average 66% FRL vs 49% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.2%/yr); 547 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 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 $38k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask is 8900% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $55k; list at $135k implies a 145% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.37% ✓
• Cap rate: 11.91%
• Cash-on-cash: 20.04%
• DSCR: 1.89
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $234,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10519 Slay Rd	0.14mi	2/1.0 (-1)	1,016 (-10%)	10mo	$225,000	$221	64
7076 Civic Club Dr	0.35mi	3/2.0	1,200 (+7%)	18mo	$249,900	$208	54
10563 Old Kings Rd	0.35mi	3/2.5	1,217 (+8%)	15mo	$239,500	$197	51
10557 Old Kings Rd	0.35mi	3/2.5	1,217 (+8%)	16mo	$239,900	$197	51
7380 Harrell St	0.74mi	3/1.0	1,156 (+3%)	12mo	$113,000	$98	51
10551 Old Kings Rd	0.35mi	3/2.5	1,217 (+8%)	17mo	$239,900	$197	50
7050 Dunn Ave	0.71mi	3/2.0	1,200 (+7%)	4mo	$249,900	$208	48
7059 Harrell St	0.68mi	3/2.0	1,209 (+8%)	5mo	$259,000	$214	48
7044 Dunn Ave	0.73mi	3/2.0	1,200 (+7%)	4mo	$249,900	$208	48
7052 Dunn Ave	0.70mi	3/2.0	1,209 (+8%)	4mo	$249,900	$207	48
7048 Dunn Ave	0.72mi	3/2.0	1,209 (+8%)	4mo	$240,000	$199	46
7049 Harrell St	0.69mi	3/2.0	1,209 (+8%)	7mo	$259,000	$214	45

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: 9.0%
• Equity multiple: 1.34×
• Total profit: $12,868
• Equity at exit: $20,129

10-year hold

• IRR: 15.6%
• Equity multiple: 2.11×
• Total profit: $41,846
• Equity at exit: $11,672

Cash invested: $37,800 (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: 547
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,855 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$70 /mo · $834/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $631

Break-even live

Break-even rent $1,055

Max offer price $135,000

Occupancy floor 61%

Sensitivity live

Price	-10% $708	-5% $670	+0% $631	+5% $593	+10% $555
Rent	-10% $485	-5% $558	+0% $631	+5% $705	+10% $778
Rate	-1.0pp $699	-0.5pp $666	base $631	+0.5pp $596	+1.0pp $561

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10728 Old Kings Rd Jacksonville, FL	3.0	1.5	1036	$1,400	$1.35	26d	1	0.57mi
10871 Copper Creek Ct Jacksonville, FL	3.0	2.0	1457	$2,145	$1.47	16d	1	1.19mi
7843 Greatford Way Jacksonville, FL	3.0	2.0	1484	$1,779	$1.20	23d	1	1.28mi

Listing history 25 events

1. 2026-06-22
   days on market $135,000 Active 62 DOM
2. 2026-06-21
   days on market $135,000 Active 61 DOM
3. 2026-06-18
   days on market $135,000 Active 58 DOM
4. 2026-06-17
   days on market $135,000 Active 57 DOM
5. 2026-06-16
   days on market $135,000 Active 56 DOM
6. 2026-06-15
   days on market $135,000 Active 55 DOM
7. 2026-06-13
   days on market $135,000 Active 52 DOM
8. 2026-06-10
   days on market $135,000 Active 49 DOM
9. 2026-06-08
   days on market $135,000 Active 48 DOM
10. 2026-06-07
    days on market $135,000 Active 47 DOM
11. 2026-06-05
    days on market $135,000 Active 44 DOM
12. 2026-06-03
    days on market $135,000 Active 43 DOM
13. 2026-06-02
    days on market $135,000 Active 42 DOM
14. 2026-06-01
    days on market $135,000 Active 41 DOM
15. 2026-05-31
    days on market $135,000 Active 40 DOM
16. 2026-05-15
    price $135,000
17. 2026-05-09
    listed $1,500
18. 2026-04-20
    listed $140,000 Active
19. 2026-01-19
    historical 648-char remark

    Show marketing remark (648 chars)

    INVESTOR SPECIAL - ENTER AT YOUR OWN RISK! Serious investors only! This 3BR/1BA, 1,125 sq ft home in Dinsmore Farms (Jacksonville, FL) is a full gut or tear-down. Major foundation issues, mold throughout, and a deceased person was recently found inside. Bring your mask, flashlight, and contractor! Property sits on a 0.25-acre lot (80x150) and has tons of potential for a rebuild or high-return flip. Cash buyers only — NO financing. Sold AS-IS, where-is. Neighbors are very nosey, so please be discreet and respectful when viewing. Great location near schools, highways, and job centers. Priced to move fast — don't miss this one!

20. 2025-12-01
    price $70,000 648-char remark

    Show marketing remark (648 chars)

    INVESTOR SPECIAL - ENTER AT YOUR OWN RISK! Serious investors only! This 3BR/1BA, 1,125 sq ft home in Dinsmore Farms (Jacksonville, FL) is a full gut or tear-down. Major foundation issues, mold throughout, and a deceased person was recently found inside. Bring your mask, flashlight, and contractor! Property sits on a 0.25-acre lot (80x150) and has tons of potential for a rebuild or high-return flip. Cash buyers only — NO financing. Sold AS-IS, where-is. Neighbors are very nosey, so please be discreet and respectful when viewing. Great location near schools, highways, and job centers. Priced to move fast — don't miss this one!

21. 2025-11-06
    price $74,991 648-char remark

    Show marketing remark (648 chars)

    INVESTOR SPECIAL - ENTER AT YOUR OWN RISK! Serious investors only! This 3BR/1BA, 1,125 sq ft home in Dinsmore Farms (Jacksonville, FL) is a full gut or tear-down. Major foundation issues, mold throughout, and a deceased person was recently found inside. Bring your mask, flashlight, and contractor! Property sits on a 0.25-acre lot (80x150) and has tons of potential for a rebuild or high-return flip. Cash buyers only — NO financing. Sold AS-IS, where-is. Neighbors are very nosey, so please be discreet and respectful when viewing. Great location near schools, highways, and job centers. Priced to move fast — don't miss this one!

22. 2025-10-30
    listed $75,000 Active 648-char remark

    Show marketing remark (648 chars)

    INVESTOR SPECIAL - ENTER AT YOUR OWN RISK! Serious investors only! This 3BR/1BA, 1,125 sq ft home in Dinsmore Farms (Jacksonville, FL) is a full gut or tear-down. Major foundation issues, mold throughout, and a deceased person was recently found inside. Bring your mask, flashlight, and contractor! Property sits on a 0.25-acre lot (80x150) and has tons of potential for a rebuild or high-return flip. Cash buyers only — NO financing. Sold AS-IS, where-is. Neighbors are very nosey, so please be discreet and respectful when viewing. Great location near schools, highways, and job centers. Priced to move fast — don't miss this one!

23. 2025-10-21
    soldstatus $55,000 Closed 401-char remark

    Show marketing remark (401 chars)

    Opportunity awaits with this 3 bedroom, 1 bathroom single-family home located in the Dinsmore Farms area of Jacksonville. Built in 1939 and sitting on a 0.25-acre lot (80x150), this 1,125 sq ft home offers great potential for rehab or redevelopment. Perfect for investors looking for their next flip or rental project. Convenient location with easy access to highways, schools, and employment centers.

24. 2025-09-29
    price $55,000 401-char remark

    Show marketing remark (401 chars)

    Opportunity awaits with this 3 bedroom, 1 bathroom single-family home located in the Dinsmore Farms area of Jacksonville. Built in 1939 and sitting on a 0.25-acre lot (80x150), this 1,125 sq ft home offers great potential for rehab or redevelopment. Perfect for investors looking for their next flip or rental project. Convenient location with easy access to highways, schools, and employment centers.

25. 2025-09-19
    listed $59,000 Active 401-char remark

    Show marketing remark (401 chars)

    Opportunity awaits with this 3 bedroom, 1 bathroom single-family home located in the Dinsmore Farms area of Jacksonville. Built in 1939 and sitting on a 0.25-acre lot (80x150), this 1,125 sq ft home offers great potential for rehab or redevelopment. Perfect for investors looking for their next flip or rental project. Convenient location with easy access to highways, schools, and employment centers.

ⓘ 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: $834 · $70/mo
• Projected year-2 tax: $1,120 · $93/mo
• Expected delta: +$286/yr (+$24/mo · 34.3%)

ⓘ 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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 19 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: $22,254
• − Mortgage interest: −$7,562
• − Property taxes: −$834
• − Insurance: −$675
• − Repairs & maintenance: −$1,780
• − Management: −$1,780
• − Depreciation: −$3,927
• Taxable income: $5,695
• Est. tax owed @ 24.0%: −$1,367
• After-tax cash flow: $6,209/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

+128.8% since first listed

10 events — show timeline

• 2026-05-15 Price Changed $135,000 realMLS
• 2026-05-09 Listed for Rent $1,500 NEFLMLS
• 2026-04-20 Listed $140,000 realMLS
• 2026-01-19 Listing Removed — realMLS
• 2025-12-01 Price Changed $70,000 realMLS
• 2025-11-06 Price Changed $74,991 realMLS
• 2025-10-30 Listed $75,000 realMLS
• 2025-10-21 Sold (MLS) $55,000 realMLS
• 2025-09-29 Price Changed $55,000 realMLS
• 2025-09-19 Listed $59,000 realMLS

Property tax history

+14.7%/yr

Latest (2025): $834 · +28.0% YoY. Source: county tax records.