8040 Hammond Blvd · Jacksonville, FL 32220

$214,999

3 bd · 2.0 ba · 2,160 sqft · SingleFamily public records · 82 Days on market

Built 1971 0.26 ac lot Est $320k · 33% under

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Why this score? — see what drove the C- 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).

• ARV discount +15.0/15.0
• Cash flow +13.9/30.0
• 1% rule +4.3/10.0
• DSCR +4.2/10.0
• 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 home to this charming 4 bedroom, 2 bath property offering tons of space and a warm, inviting feel throughout. Fresh paint and previous updates give the home a clean, modern look, and it's truly move in ready with just light personal touches to make it completely your own. The layout offers incredible flexibility, whether you need an office, a playroom, or room for a growing family. Sitting on just over a quarter acre, the lot provides plenty of outdoor space to enjoy. Tucked in a quiet, established area yet only a quick drive to Downtown Jacksonville, the Jacksonville Airport, shopping, dining, and more, this home blends comfort, convenience, and potential. Come make it uniquely yours!

Key facts

• Large yard
• Ample cabinet space
• Functional layout

Tags

• FUNCTIONAL LAYOUT
• AMPLE CABINET SPACE
• LARGE YARD
• ROOM FOR OUTDOOR ACTIVITIES

Property features AI

Finance

• Other: Lot approximately 0.26 acres
• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking
• Utilities: Utilities: Other
• Home design: Single family residence
• Exterior features: Ranch-style current use

Interior

• Kitchen: Electric oven; Electric range
• Bedrooms: 4 bedrooms (all on the main level)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: 7 total rooms; Unfurnished
• Laundry & utility: Utilities: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $23 ($277/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 $200k (6.8% below list).
• Recommended offer: $200k (6.8% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: Thomas Jefferson Elementary (math 60% / reading 55%, grade C+, #764 of 2,144 statewide, top 36%, 446 students, 57% FRL); Charger Academy (math 33% / reading 26%, grade F, #469 of 571 statewide, top 84%, 961 students, 71% FRL); Edward H. White High School (math 31% / reading 25%, grade F, #464 of 667 statewide, top 70%, 1,538 students, 64% FRL).
• Market conditions: 112 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $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

• It's been on market 82 days — a 6% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 11y ago; this cycle's ask has dropped $66k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $200,278 (6.8% below list)

Questions for the listing agent

1. It's been on market 82 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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: 0.93% ✗
• Cap rate: 6.42%
• Cash-on-cash: 0.46%
• DSCR: 1.02
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $319,680
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8147 Mariner St	0.15mi	4/2.0 (+1)	1,989 (-8%)	3mo	$240,000	$121	72
8174 Devoe St	0.31mi	3/2.0	2,068 (-4%)	12mo	$167,500	$81	68
7825 Ramona Blvd W	0.44mi	3/2.0	2,354 (+9%)	10mo	$348,000	$148	56
8048 Gordean Rd	0.59mi	4/2.0 (+1)	2,228 (+3%)	8mo	$331,000	$149	56

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: -15.5%
• Equity multiple: 0.45×
• Total profit: $-33,294
• Equity at exit: $32,057

10-year hold

• IRR: -7.0%
• Equity multiple: 0.55×
• Total profit: $-26,794
• Equity at exit: $18,589

Cash invested: $60,200 (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: 8.9×

Monthly cashflow live

• Estimated rent: $2,003 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$342 /mo · $4,105/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$421
• Net cashflow: $23

Break-even live

Break-even rent $1,974

Max offer price $214,999

Occupancy floor 94%

Sensitivity live

Price	-10% $145	-5% $84	+0% $23	+5% $-38	+10% $-99
Rent	-10% $-135	-5% $-56	+0% $23	+5% $102	+10% $181
Rate	-1.0pp $131	-0.5pp $78	base $23	+0.5pp $-33	+1.0pp $-89

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
726 Sailor Grove Ln Jacksonville, FL	4.0	2.5	1554	$1,850	$1.19	4d	1	0.47mi
711 Cahoon Rd N Jacksonville, FL	4.0	2.0	1670	$1,850	$1.11	16d	1	0.97mi
915 Cedar Slough Dr Jacksonville, FL	3.0	2.0	1574	$2,195	$1.39	25d	1	1.21mi
7010 Arques Rd Jacksonville, FL	3.0	1.0	1428	$1,595	$1.12	15d	1	1.39mi
7010 Arques Rd Jacksonville, FL	3.0	1.0	1428	$1,595	$1.12	13d	1	1.39mi

Listing history 34 events

1. 2026-06-21
   days on market $214,999 Active 82 DOM
2. 2026-06-19
   price $214,999 Active 79 DOM
3. 2026-06-18
   days on market $219,999 Active 79 DOM
4. 2026-06-17
   days on market $219,999 Active 78 DOM
5. 2026-06-16
   days on market $219,999 Active 77 DOM
6. 2026-06-15
   days on market $219,999 Active 76 DOM
7. 2026-06-13
   days on market $219,999 Active 73 DOM
8. 2026-06-10
   days on market $219,999 Active 70 DOM
9. 2026-06-08
   days on market $219,999 Active 69 DOM
10. 2026-06-07
    days on market $219,999 Active 68 DOM
11. 2026-06-03
    days on market $219,999 Active 64 DOM
12. 2026-06-02
    days on market $219,999 Active 63 DOM
13. 2026-06-01
    days on market $219,999 Active 62 DOM
14. 2026-05-31
    days on market $219,999 Active 61 DOM
15. 2026-05-11
    price $229,950
16. 2026-04-27
    price $249,950
17. 2026-03-31
    listed $280,900 Active
18. 2026-01-22
    historical 702-char remark

    Show marketing remark (702 chars)

    Welcome home to this charming 4 bedroom, 2 bath property offering tons of space and a warm, inviting feel throughout. Fresh paint and previous updates give the home a clean, modern look, and it's truly move in ready with just light personal touches to make it completely your own. The layout offers incredible flexibility, whether you need an office, a playroom, or room for a growing family. Sitting on just over a quarter acre, the lot provides plenty of outdoor space to enjoy. Tucked in a quiet, established area yet only a quick drive to Downtown Jacksonville, the Jacksonville Airport, shopping, dining, and more, this home blends comfort, convenience, and potential. Come make it uniquely yours!

19. 2026-01-12
    price $205,000 702-char remark

    Show marketing remark (702 chars)

    Welcome home to this charming 4 bedroom, 2 bath property offering tons of space and a warm, inviting feel throughout. Fresh paint and previous updates give the home a clean, modern look, and it's truly move in ready with just light personal touches to make it completely your own. The layout offers incredible flexibility, whether you need an office, a playroom, or room for a growing family. Sitting on just over a quarter acre, the lot provides plenty of outdoor space to enjoy. Tucked in a quiet, established area yet only a quick drive to Downtown Jacksonville, the Jacksonville Airport, shopping, dining, and more, this home blends comfort, convenience, and potential. Come make it uniquely yours!

20. 2025-12-16
    price $215,000 702-char remark

    Show marketing remark (702 chars)

    Welcome home to this charming 4 bedroom, 2 bath property offering tons of space and a warm, inviting feel throughout. Fresh paint and previous updates give the home a clean, modern look, and it's truly move in ready with just light personal touches to make it completely your own. The layout offers incredible flexibility, whether you need an office, a playroom, or room for a growing family. Sitting on just over a quarter acre, the lot provides plenty of outdoor space to enjoy. Tucked in a quiet, established area yet only a quick drive to Downtown Jacksonville, the Jacksonville Airport, shopping, dining, and more, this home blends comfort, convenience, and potential. Come make it uniquely yours!

21. 2025-11-25
    listed $235,000 Active 702-char remark

    Show marketing remark (702 chars)

    Welcome home to this charming 4 bedroom, 2 bath property offering tons of space and a warm, inviting feel throughout. Fresh paint and previous updates give the home a clean, modern look, and it's truly move in ready with just light personal touches to make it completely your own. The layout offers incredible flexibility, whether you need an office, a playroom, or room for a growing family. Sitting on just over a quarter acre, the lot provides plenty of outdoor space to enjoy. Tucked in a quiet, established area yet only a quick drive to Downtown Jacksonville, the Jacksonville Airport, shopping, dining, and more, this home blends comfort, convenience, and potential. Come make it uniquely yours!

22. 2021-11-30
    soldstatus $199,000
23. 2021-11-24
    soldstatus $199,000 Sold 698-char remark

    Show marketing remark (698 chars)

    MULTIPLE OFFERS by 5pm on Tuesday (10/26). Brilliantly Updated Home with Renovated Kitchen! Nestled on a sprawling 0.25-acre lot in a sought-after area, this 4BR/2BA, 2,160sqft property impresses with a fully fenced yard, hardwood flooring throughout, a neutral color scheme, an oversized living room, and a remodeled kitchen featuring SS appliances, solid surface countertops, subway tile backsplash, long peninsula w/seating, and an adjoining dining area. Idyllic and perfect for entertaining, the backyard boasts beautiful mature hardwood trees, tons of greenspace,and ample room for hosting parties. Discover relaxation in the primary bedroom, which has double closets and a renovated en suite.

24. 2021-10-27
    status Pending 698-char remark

    Show marketing remark (698 chars)

    MULTIPLE OFFERS by 5pm on Tuesday (10/26). Brilliantly Updated Home with Renovated Kitchen! Nestled on a sprawling 0.25-acre lot in a sought-after area, this 4BR/2BA, 2,160sqft property impresses with a fully fenced yard, hardwood flooring throughout, a neutral color scheme, an oversized living room, and a remodeled kitchen featuring SS appliances, solid surface countertops, subway tile backsplash, long peninsula w/seating, and an adjoining dining area. Idyllic and perfect for entertaining, the backyard boasts beautiful mature hardwood trees, tons of greenspace,and ample room for hosting parties. Discover relaxation in the primary bedroom, which has double closets and a renovated en suite.

25. 2021-10-24
    listed $199,000 Active 698-char remark

    Show marketing remark (698 chars)

    MULTIPLE OFFERS by 5pm on Tuesday (10/26). Brilliantly Updated Home with Renovated Kitchen! Nestled on a sprawling 0.25-acre lot in a sought-after area, this 4BR/2BA, 2,160sqft property impresses with a fully fenced yard, hardwood flooring throughout, a neutral color scheme, an oversized living room, and a remodeled kitchen featuring SS appliances, solid surface countertops, subway tile backsplash, long peninsula w/seating, and an adjoining dining area. Idyllic and perfect for entertaining, the backyard boasts beautiful mature hardwood trees, tons of greenspace,and ample room for hosting parties. Discover relaxation in the primary bedroom, which has double closets and a renovated en suite.

26. 2021-02-07
    status Pending
27. 2021-02-07
    historical
28. 2021-02-04
    status Active
29. 2021-01-26
    status Pending
30. 2021-01-22
    listed $179,000 Active
31. 2020-01-29
    historical
32. 2020-01-29
    listed $148,000 Active
33. 2015-08-22
    listed $31,388 Active - Auction
34. 2015-08-21
    soldstatus $31,388 Sold

ⓘ 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: $4,105 · $342/mo
• Projected year-2 tax: $4,105 · $342/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: $24,033
• − Mortgage interest: −$12,043
• − Property taxes: −$4,105
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,923
• − Management: −$1,923
• − Depreciation: −$6,255
• Taxable loss: −$3,290
• Est. tax savings @ 24.0%: +$789
• After-tax cash flow: $1,066/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

+632.6% since first listed

20 events — show timeline

• 2026-05-11 Price Changed $229,950 realMLS
• 2026-04-27 Price Changed $249,950 realMLS
• 2026-03-31 Listed $280,900 realMLS
• 2026-01-22 Listing Removed — realMLS
• 2026-01-12 Price Changed $205,000 realMLS
• 2025-12-16 Price Changed $215,000 realMLS
• 2025-11-25 Listed $235,000 realMLS
• 2021-11-30 Sold (Public Records) $199,000 Public Records
• 2021-11-24 Sold (MLS) $199,000 realMLS
• 2021-10-27 Pending — realMLS
• 2021-10-24 Listed $199,000 realMLS
• 2021-02-07 Pending — realMLS
• 2021-02-07 Listing Removed — realMLS
• 2021-02-04 Relisted — realMLS
• 2021-01-26 Pending — realMLS
• 2021-01-22 Listed $179,000 realMLS
• 2020-01-29 Listed $148,000 realMLS
• 2020-01-29 Listing Removed — realMLS
• 2015-08-22 Listed $31,388 realMLS
• 2015-08-21 Sold (MLS) $31,388 realMLS

Property tax history

+7.6%/yr

Latest (2025): $4,105 · +7.3% YoY. Source: county tax records.