8321 Old Plank Rd · Jacksonville, FL 32220

$125,000

3 bd · 2.0 ba · 1,066 sqft · SingleFamily public records · 43 Days on market

Built 1972 10,523 sqft lot Est $216k · 42% under

---

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 +9.8/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this 3-bedroom, 2-bath home located in a well-established area of Jacksonville, offering a fantastic opportunity for investors, renovators, or buyers looking to add their personal touch. With a functional layout and well-proportioned bedrooms, this property provides a solid foundation for your vision and upgrades. The spacious yard offers plenty of room for outdoor living, expansion, or future enhancements. The bathrooms adds convenience, while the overall layout presents great potential to reimagine and modernize the space. Conveniently situated near major roadways, shopping, and dining, this property is ideal for those seeking value and upside potential. Bring your creativity and transform this home into something special--don't miss this great investment opportunity! Please note that the property has sustained fire damage to the interior

Key facts

• Spacious yard
• 0.24 acre lot
• Garage

Tags

• SPACIOUS YARD
• WELL-ESTABLISHED AREA

Property features AI

Finance

• Other: Unfurnished; Residential, zoned RLD-60

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces south
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.24-acre lot
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: No appliances included
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $504 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.1% 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.
• Market conditions: 112 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $864 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 + 3.0% rent growth), your $35k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.48% ✓
• Cap rate: 11.13%
• Cash-on-cash: 17.28%
• DSCR: 1.77
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $216,398
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
424 Jackson Ave N	0.17mi	3/2.0	1,149 (+8%)	12mo	$80,000	$70	69
8245 Arnot St	0.25mi	3/2.0	1,196 (+12%)	15mo	$240,000	$201	55
8131 Oklahoma St	0.39mi	3/2.0	1,209 (+13%)	8mo	$245,020	$203	53
8479 Three Creeks Blvd	0.54mi	2/2.0 (-1)	1,182 (+11%)	1mo	$214,000	$181	51
8051 Driggers St	0.49mi	3/2.0	1,200 (+13%)	7mo	$213,303	$178	50
8124 Wyoming St	0.38mi	3/2.0	1,209 (+13%)	13mo	$245,020	$203	49
125 Clapton Way	0.65mi	3/2.0	1,146 (+8%)	11mo	$222,222	$194	48
8125 Oklahoma St	0.39mi	3/2.0	1,209 (+13%)	15mo	$245,020	$203	47
8045 Driggers St	0.50mi	3/2.0	1,209 (+13%)	10mo	$244,900	$203	46
8057 Driggers St	0.49mi	3/2.0	1,209 (+13%)	11mo	$244,900	$203	46
107 Devoe St	0.64mi	3/2.0	1,190 (+12%)	6mo	$210,000	$176	45
8535 Lori Ann Ct	0.59mi	3/2.0	1,224 (+15%)	14mo	$268,000	$219	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.7%
• Equity multiple: 1.34×
• Total profit: $11,920
• Equity at exit: $18,638

10-year hold

• IRR: 17.9%
• Equity multiple: 2.49×
• Total profit: $52,041
• Equity at exit: $10,808

Cash invested: $35,000 (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 32220

• Home prices YoY: -18.1%
• Active inventory: 112
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,845 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$246 /mo · $2,951/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $504

Break-even live

Break-even rent $1,207

Max offer price $125,000

Occupancy floor 68%

Sensitivity live

Price	-10% $575	-5% $539	+0% $504	+5% $468	+10% $433
Rent	-10% $358	-5% $431	+0% $504	+5% $577	+10% $650
Rate	-1.0pp $567	-0.5pp $536	base $504	+0.5pp $471	+1.0pp $439

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8331 Old Plank Rd Jacksonville, FL	3.0	2.0	1080	$1,595	$1.48	18d	1	0.01mi
7847 Mariner St Jacksonville, FL	3.0	2.0	1209	$1,599	$1.32	25d	1	1.00mi
7841 Mariner St Jacksonville, FL	3.0	2.0	1209	$1,625	$1.34	18d	1	1.00mi
8054 Paschal St Jacksonville, FL	4.0	1.0	1192	$1,850	$1.55	25d	1	1.02mi

Listing history 10 events

1. 2026-06-10
   days on market $125,000 Active 43 DOM
2. 2026-06-08
   days on market $125,000 Active 42 DOM
3. 2026-06-07
   days on market $125,000 Active 41 DOM
4. 2026-06-05
   days on market $125,000 Active 38 DOM
5. 2026-06-03
   days on market $125,000 Active 37 DOM
6. 2026-06-02
   days on market $125,000 Active 36 DOM
7. 2026-06-01
   days on market $125,000 Active 35 DOM
8. 2026-05-31
   days on market $125,000 Active 34 DOM
9. 2026-05-04
   listed $125,000 Active 863-char remark

   Show marketing remark (863 chars)

   Welcome to this 3-bedroom, 2-bath home located in a well-established area of Jacksonville, offering a fantastic opportunity for investors, renovators, or buyers looking to add their personal touch. With a functional layout and well-proportioned bedrooms, this property provides a solid foundation for your vision and upgrades. The spacious yard offers plenty of room for outdoor living, expansion, or future enhancements. The bathrooms adds convenience, while the overall layout presents great potential to reimagine and modernize the space. Conveniently situated near major roadways, shopping, and dining, this property is ideal for those seeking value and upside potential. Bring your creativity and transform this home into something special--don't miss this great investment opportunity! Please note that the property has sustained fire damage to the interior

10. 2026-04-27
    listed $125,000 Active

ⓘ 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: $2,951 · $246/mo
• Projected year-2 tax: $2,951 · $246/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 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 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,137
• − Mortgage interest: −$7,002
• − Property taxes: −$2,951
• − Insurance: −$625
• − Repairs & maintenance: −$1,771
• − Management: −$1,771
• − Depreciation: −$3,636
• Taxable income: $4,381
• Est. tax owed @ 24.0%: −$1,052
• After-tax cash flow: $4,995/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): 12,298
• Household income: $81,792
• Rent vs Own: 13.7% rent · 86.3% own
• Severe rent burden: 177.0

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 0.58)
• Race & ethnicity: White 61% Black 19% Hispanic / Latino 11% Two or more races 11% Asian 5%
• Hispanic origin (detail): Cuban 7%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 8% · Canada
• Languages at home: 95% English-only · Spanish 4% Arabic 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: ▼ -64.90%
• Current HPI: 293.7943
• Rent YoY: —
• 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

+0.0% since first listed

2 events — show timeline

• 2026-05-04 Listed $125,000 realMLS
• 2026-04-27 Listed $125,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+13.0%/yr

Latest (2025): $2,951 · +12.1% YoY. Source: county tax records.