7378 Kylan Dr N · Jacksonville, FL 32209

$108,000

3 bd · 2.0 ba · 1,528 sqft · SingleFamily public records · 24 Days on market

Built 1964 8,276 sqft lot

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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 +27.9/30.0
• DSCR +9.9/10.0
• 1% rule +9.1/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Brick beauty, spacious layout, glassed patio, double carport, large entertainment room, unlimited potential, wont last long! Sold As-Is. Seller/Agent makes no representations / warranties expressed or implied as to condition of property. Multiple offers have been received. Seller is requesting highest and best by 4.27.26 @ 10am. See MO form in documents.

Key facts

• Glassed patio
• Double carport
• 8,276 sq ft lot

Tags

• GLASSED PATIO
• DOUBLE CARPORT
• LARGE ENTERTAINMENT ROOM

Property features AI

Finance

• Other:
• Financial info:
• HOA & community: Not a senior community

Exterior

• Parking: Attached carport with space for 2 vehicles
• Security:
• Utilities: Electricity available
• Home design: Single Family Residence; One level; Entry on level 1; Faces south
• Construction: Brick construction
• Exterior features: Other structures on the property; Electricity available

Interior

• Kitchen:
• Bedrooms: 3 bedrooms
• Flooring:
• Bathrooms: 2 full bathrooms
• Heating & cooling: Has cooling (type listed as Other)
• Interior features: Other appliances
• Laundry & utility:

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $108k.

Deal economics

• At list price, monthly cash flow is $332 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $108k).
• Recommended offer: $106k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.0% 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 rising (+1.8%/yr); 394 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• At $1,527/mo this rent would consume 60% of the median local household income ($31k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $747 of loan paydown is wiped out by about $3k 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 24 days — a 2% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $36k; list at $108k implies a 196% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.
• 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 $106,380 (1.5% below list)

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.41% ✓
• Cap rate: 9.98%
• Cash-on-cash: 13.19%
• DSCR: 1.59
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $246,008
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7388 Simms Dr	0.05mi	4/2.0 (+1)	1,525 (-0%)	5mo	$250,000	$164	88
7442 Richardson Rd	0.32mi	4/2.0 (+1)	1,525 (-0%)	5mo	$290,000	$190	76
7500 Queensgate Cir	0.35mi	4/2.0 (+1)	1,607 (+5%)	4mo	$299,990	$187	67
7476 Queensgate Cir	0.40mi	4/2.0 (+1)	1,600 (+5%)	5mo	$280,000	$175	64
7496 Queensgate Cir	0.36mi	4/2.0 (+1)	1,607 (+5%)	7mo	$290,990	$181	64
7143 Rhode Island Dr E	0.58mi	3/1.0	1,524 (-0%)	7mo	$80,000	$52	62
4924 Vermont Rd	0.48mi	4/2.0 (+1)	1,640 (+7%)	2mo	$229,900	$140	59
4924 Hampshire Dr	0.65mi	4/3.0 (+1)	1,670 (+9%)	4mo	$203,900	$122	42
8897 Bronson Ln	0.73mi	3/2.0	1,320 (-14%)	2mo	$155,000	$117	42
8815 Bronson Ln	0.68mi	3/2.0	1,330 (-13%)	6mo	$187,000	$141	42
5985 Dunmire Ave	0.72mi	4/2.5 (+1)	1,665 (+9%)	6mo	$268,017	$161	39
7622 John F Kennedy Dr E	0.70mi	3/1.5	1,303 (-15%)	6mo	$139,000	$107	36

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: 1.7%
• Equity multiple: 1.06×
• Total profit: $1,957
• Equity at exit: $16,103

10-year hold

• IRR: 10.0%
• Equity multiple: 1.73×
• Total profit: $22,129
• Equity at exit: $9,338

Cash invested: $30,240 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 394
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,527 high
• Mortgage (P&I): −$566
• Tax from tax record: −$262 /mo · $3,149/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $332

Break-even live

Break-even rent $1,106

Max offer price $108,000

Occupancy floor 73%

Sensitivity live

Price	-10% $393	-5% $363	+0% $332	+5% $302	+10% $271
Rent	-10% $212	-5% $272	+0% $332	+5% $393	+10% $453
Rate	-1.0pp $387	-0.5pp $360	base $332	+0.5pp $304	+1.0pp $276

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4910 Rhode Island Dr N Jacksonville, FL	3.0	2.0	1300	$1,696	$1.30	24d	1	0.43mi
6705 Gaspar Cir E Jacksonville, FL	3.0	1.5	1116	$1,254	$1.12	18d	1	0.66mi
6731 W Virginia Ct Jacksonville, FL	3.0	1.0	1188	$1,225	$1.03	22d	1	0.68mi
6718 Gaspar Cir W Jacksonville, FL	3.0	2.0	1068	$1,305	$1.22	24d	1	0.71mi
8645 Samona Dr W Jacksonville, FL	4.0	1.0	1196	$1,250	$1.05	24d	1	0.72mi
4895 Churchill Dr Jacksonville, FL	3.0	2.0	1303	$1,900	$1.46	24d	1	0.79mi
6623 Kinlock Dr W Jacksonville, FL	3.0	2.5	2081	$1,610	$0.77	5d	1	0.79mi
8036 Mattox Ave Jacksonville, FL	4.0	2.0	1160	$1,480	$1.28	17d	1	0.88mi
6412 New Kings Rd Unit 1 Jacksonville, FL	2.0	2.0	1200	$1,200	$1.00	18d	1	0.92mi
6412 New Kings Rd Unit 2 Jacksonville, FL	3.0	2.0	1300	$1,400	$1.08	18d	1	0.92mi
8534 Addison Rd Jacksonville, FL	4.0	2.0	1410	$1,995	$1.41	24d	1	0.93mi
8119 Siskin Ave Jacksonville, FL	2.0	2.0	1102	$1,650	$1.50	24d	1	0.95mi
8119 Siskin Ave Jacksonville, FL	2.0	2.0	1102	$1,650	$1.50	18d	1	0.95mi
8509 Addison Rd Jacksonville, FL	4.0	2.0	1494	$1,675	$1.12	24d	1	0.95mi
8367 Tubman Ct Jacksonville, FL	4.0	1.5	1398	$1,790	$1.28	18d	1	0.98mi
6188 Pettiford Dr W Jacksonville, FL	3.0	2.0	1499	$1,850	$1.23	13d	1	1.05mi
8516 Bermuda Rd Jacksonville, FL	3.0	2.0	1492	$1,625	$1.09	21d	1	1.15mi
4144 Katanga Dr N Jacksonville, FL	3.0	1.0	1114	$1,095	$0.98	24d	1	1.17mi
7860 Rondo Ave Jacksonville, FL	3.0	2.0	1064	$1,410	$1.33	8d	1	1.29mi
4643 Williamsburg Ave Jacksonville, FL	3.0	2.0	1209	$1,496	$1.24	3d	1	1.29mi
9340 Sibbald Rd Jacksonville, FL	4.0	2.0	1228	$1,606	$1.31	4d	1	1.29mi
4737 Portsmouth Ave Jacksonville, FL	4.0	2.0	1396	$1,148	$0.82	24d	1	1.35mi
6609 Miriam St Jacksonville, FL	3.0	2.0	1200	$1,425	$1.19	8d	1	1.46mi
9504 Evesham Rd Jacksonville, FL	4.0	2.0	1966	$1,645	$0.84	24d	1	1.46mi

Listing history 3 events

1. 2026-05-14
   status Pending
2. 2026-04-20
   listed $108,000 Active
3. 1978-04-11
   soldstatus $36,500

ⓘ 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: $3,149 · $262/mo
• Projected year-2 tax: $3,149 · $262/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,320
• − Mortgage interest: −$6,050
• − Property taxes: −$3,149
• − Insurance: −$540
• − Repairs & maintenance: −$1,466
• − Management: −$1,466
• − Depreciation: −$3,142
• Taxable income: $2,508
• Est. tax owed @ 24.0%: −$602
• After-tax cash flow: $3,385/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): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

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: Predominantly Black (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• 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

+195.9% since first listed

3 events — show timeline

• 2026-05-14 Pending — realMLS
• 2026-04-20 Listed $108,000 realMLS
• 1978-04-11 Sold (Public Records) $36,500 Public Records

Property tax history

+13.9%/yr

Latest (2025): $3,149 · +9.4% YoY. Source: county tax records.