7428 White Alder Dr Dr · Jacksonville, FL 32210

$197,000

3 bd · 2.0 ba · 1,258 sqft · SingleFamily public records · 5 Days on market

Built 1972 Est $192k · at est.

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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).

• Cash flow +13.4/30.0
• ARV discount +6.4/15.0
• Livability +4.2/5.0
• DSCR +4.0/10.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice 4 bedroom, 1.5 bath brick/concrete block home located in a quiet neighborhood. Home features a Living Room, Dining Room, Kitchen with Gas Stove and Refrigerator, and Large Laundry room. Tile Floors in all living spaces and carpet in the bedrooms. Large Fenced Rear yard with detached storage shed. Garage was renovated into a 4th bedroom with a Murphy bed and could be used as Family room or bedroom. Roof was put on in 2016.

Key facts

• Newer roof
• Large backyard
• Hot water heater

Tags

• NEWER ROOF
• HOT WATER HEATER
• AIR CONDITIONING SYSTEM
• LARGE BACKYARD
• QUIET ESTABLISHED COMMUNITY

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Additional parking available; On-street parking
• Utilities: Public sewer; Cable available; Electricity available and connected; Sewer available and connected
• Home design: Single family residence; One level; Entry on main level; Facing west; Currently used as a single family home
• Construction: Brick and concrete construction; Shingle roof
• Exterior features: City street frontage; Asphalt road surface

Interior

• Kitchen: Convection oven; Electric cooktop; Electric range
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast nook; Ceiling fans; Primary bathroom has tub with shower; Walk-in closets
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $197k.

Deal economics

• At list price, monthly cash flow is $2 ($28/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 $150k (23.8% below list).
• Recommended offer: $150k (23.8% below list) — sets the bar for 1% rule.
• Cap rate 6.3% 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: Grasp Academy (math 18% / reading 14%, grade F, #2,130 of 2,144 statewide, top 99%, 271 students, 52% FRL); Charger Academy (math 33% / reading 26%, grade F, #469 of 571 statewide, top 84%, 961 students, 71% FRL); Westside High School (math 26% / reading 19%, grade F, #539 of 667 statewide, top 81%, 1,583 students, 63% FRL).
• Zoned-school proficiency averages 23% at this address vs 46% district-wide (-23 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.1%/yr); 441 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $1k of loan paydown is wiped out by about $6k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 23y 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.
• Current owner paid $78k; list at $197k implies a 154% 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; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,075 (23.8% below list)

Questions for the listing agent

1. Built in 1972 — 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. 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?
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: 0.76% ✗
• Cap rate: 6.31%
• Cash-on-cash: 0.05%
• DSCR: 1.00
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $192,474
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4266 Matador Dr	0.22mi	3/2.0	1,310 (+4%)	7mo	$229,900	$175	77
7532 Centauri Rd	0.29mi	3/2.0	1,316 (+5%)	2mo	$190,000	$144	77
4156 Jillian Dr	0.43mi	3/2.0	1,268 (+1%)	8mo	$217,000	$171	72
7567 Sharbeth Dr S	0.20mi	3/2.0	1,372 (+9%)	4mo	$193,000	$141	72
7475 Sharbeth Dr S	0.15mi	3/2.0	1,146 (-9%)	7mo	$175,000	$153	72
7060 Perke Dr	0.54mi	3/2.0	1,251 (-1%)	4mo	$229,900	$184	70
7452 Sharbeth Dr S	0.12mi	3/1.5	1,130 (-10%)	7mo	$80,000	$71	69
7567 Wendell Dr	0.30mi	4/2.0 (+1)	1,320 (+5%)	8mo	$205,000	$155	66
5127 Somerton Ct	0.49mi	3/2.0	1,200 (-5%)	8mo	$169,999	$142	62
5051 Glen Alan Ct N	0.42mi	3/2.0	1,155 (-8%)	8mo	$200,000	$173	60
4240 Oriely Dr	0.65mi	3/2.0	1,344 (+7%)	6mo	$195,000	$145	54
4564 Lane Ave	0.68mi	3/2.0	1,394 (+11%)	5mo	$129,900	$93	46

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 · 2.11% rent growth · sell at horizon

5-year hold

• IRR: -17.2%
• Equity multiple: 0.40×
• Total profit: $-33,193
• Equity at exit: $29,373

10-year hold

• IRR: -10.7%
• Equity multiple: 0.38×
• Total profit: $-34,434
• Equity at exit: $17,033

Cash invested: $55,160 (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 32210

• Rents YoY: 2.1%
• Active inventory: 441
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$1,033
• Tax from tax record: −$68 /mo · $817/yr
• Insurance: −$82
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $2

Break-even live

Break-even rent $1,498

Max offer price $197,000

Occupancy floor 95%

Sensitivity live

Price	-10% $114	-5% $58	+0% $2	+5% $-53	+10% $-109
Rent	-10% $-116	-5% $-57	+0% $2	+5% $62	+10% $121
Rate	-1.0pp $102	-0.5pp $52	base $2	+0.5pp $-49	+1.0pp $-101

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: $49,250
• Closing costs: $5,910
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4448 Jade Dr E Jacksonville, FL	3.0	1.5	1048	$1,329	$1.27	4d	1	0.04mi
4425 Jana Ln E Jacksonville, FL	3.0	2.0	1284	$1,690	$1.32	14d	1	0.08mi
4503 Melvin Cir W Jacksonville, FL	4.0	2.0	1072	$1,406	$1.31	25d	1	0.14mi
4243 Matador Dr Jacksonville, FL	3.0	2.0	1451	$2,100	$1.45	25d	1	0.23mi
7626 Melissa Ct N Jacksonville, FL	3.0	2.0	1193	$1,390	$1.17	15d	1	0.24mi
7559 Proxima Rd Jacksonville, FL	3.0	2.0	1308	$1,499	$1.15	25d	1	0.26mi
7665 Jana Ln S Jacksonville, FL	3.0	2.0	1193	$1,400	$1.17	25d	1	0.30mi
4442 Georgetown Dr Jacksonville, FL	3.0	2.0	1259	$1,386	$1.10	4d	1	0.32mi
4418 Melissa Ct W Jacksonville, FL	3.0	2.5	1386	$1,300	$0.94	25d	1	0.36mi
4418 Melissa Ct W Unit Bedroom w/ private bath Jacksonville, FL	3.0	2.5	1386	$1,250	$0.90	25d	1	0.36mi
4372 Melissa Ct W Jacksonville, FL	4.0	2.0	1445	$1,544	$1.07	18d	1	0.36mi
4285 Melissa Ct W Jacksonville, FL	2.0	2.0	1320	$1,450	$1.10	16d	1	0.40mi
7364 Strato Rd Jacksonville, FL	3.0	2.0	1412	$1,750	$1.24	25d	1	0.41mi
7318 Strato Rd Jacksonville, FL	3.0	2.0	1204	$1,550	$1.29	4d	1	0.42mi
7632 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,290	$1.24	9d	1	0.47mi
7619 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	6d	1	0.48mi
7607 Indian Lakes Dr #1 Jacksonville, FL	2.0	2.0	926	$986	$1.06	18d	1	0.49mi
7650 Mailes Ct #101 Jacksonville, FL	2.0	2.0	1051	$1,200	$1.14	25d	1	0.49mi
7656 Mailes Ct Unit 202 Jacksonville, FL	2.0	2.0	1040	$1,225	$1.18	25d	1	0.49mi
4781 Playschool Dr Jacksonville, FL	3.0	2.5	1548	$1,495	$0.97	9d	1	0.50mi
7765 Highchair Ln Jacksonville, FL	2.0	2.5	1204	$1,375	$1.14	15d	1	0.50mi
7806 Melvin Rd Jacksonville, FL	2.0	2.5	1200	$1,395	$1.16	18d	1	0.51mi
7806 Melvin Rd Jacksonville, FL	2.0	2.5	1153	$1,295	$1.12	9d	1	0.51mi
7818 Melvin Rd Jacksonville, FL	2.0	2.5	1153	$1,400	$1.21	4d	1	0.52mi
7655 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	9d	1	0.52mi
7655 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	6d	2	0.52mi
5122 Ricker Rd Unit 2 Jacksonville, FL	2.0	2.0	926	$995	$1.07	25d	1	0.52mi
7059 Melvin Rd Jacksonville, FL	3.0	2.0	1330	$1,600	$1.20	3d	1	0.56mi
7796 Playschool Ln Jacksonville, FL	3.0	2.5	1339	$1,375	$1.03	25d	1	0.56mi
7875 Melvin Rd Jacksonville, FL	3.0	2.5	1464	$1,650	$1.13	6d	1	0.56mi
7800 Playschool Ln Jacksonville, FL	3.0	2.5	1339	$1,361	$1.02	16d	1	0.56mi
7887 Melvin Rd Jacksonville, FL	2.0	2.5	1153	$1,600	$1.39	25d	1	0.58mi
5128 Indian Lakes Ct Jacksonville, FL	2.0	2.0	926	$995	$1.07	14d	1	0.58mi
7851 Playschool Ln Jacksonville, FL	3.0	3.0	1508	$1,600	$1.06	25d	1	0.59mi
3680 Kirkpatrick Cir Jacksonville, FL	2.0	2.0	1029	$1,222	$1.19	13d	2	0.59mi
3670 Kirkpatrick Cir Unit 14 Jacksonville, FL	2.0	2.0	1118	$1,350	$1.21	19d	1	0.59mi
3680 Kirkpatrick Cir Jacksonville, FL	2.0	2.0	1118	$1,245	$1.11	25d	1	0.59mi
5143 Indian Lakes Ct Jacksonville, FL	2.0	2.0	920	$995	$1.08	14d	1	0.59mi
3680 Kirkpatrick Cir Unit 16-13 Jacksonville, FL	2.0	2.0	940	$1,195	$1.27	25d	1	0.59mi
7840 Playschool Ln Jacksonville, FL	3.0	2.5	1339	$1,398	$1.04	16d	1	0.60mi

Listing history 4 events

1. 2026-06-21
   days on market $197,000 Active 5 DOM
2. 2026-06-18
   days on market $197,000 Active 2 DOM
3. 2026-06-16
   remarks 699-char remark
4. 2026-06-16
   listed $197,000 Active 1 DOM

ⓘ 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: $817 · $68/mo
• Projected year-2 tax: $1,635 · $136/mo
• Expected delta: +$818/yr (+$68/mo · 100.1%)

ⓘ 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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,009
• − Mortgage interest: −$11,035
• − Property taxes: −$817
• − Insurance: −$985
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − Depreciation: −$5,731
• Taxable loss: −$3,440
• Est. tax savings @ 24.0%: +$826
• After-tax cash flow: $854/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): 65,729
• Household income: $61,050
• Rent vs Own: 42.6% rent · 57.4% own
• Severe rent burden: 3605.0

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 0.65)
• Race & ethnicity: White 43% Black 38% Hispanic / Latino 10% Two or more races 7% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Slovak 2% Hispanic 2% Italian 1%
• Foreign-born: 10% · Canada, Vietnam, China
• Languages at home: 86% English-only · Spanish 7% French/Haitian/Cajun 2% 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: ▼ -314.81%
• Current HPI: 281.2688
• Rent YoY: ▲ 2.11%
• 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

+121.3% since first listed

8 events — show timeline

• 2026-06-15 Listed $197,000 realMLS
• 2026-03-19 Listing Removed — realMLS
• 2025-12-24 Listed $207,000 realMLS
• 2004-11-18 Sold (Public Records) $77,500 Public Records
• 2004-11-09 Sold (MLS) $77,500 realMLS
• 2004-08-15 Listing Removed — realMLS
• 2004-07-19 Listed $89,900 realMLS
• 2003-08-15 Listed $89,000 realMLS

Property tax history

+5.4%/yr

Latest (2025): $817 · +31.1% YoY. Source: county tax records.