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3657 Luxor Way
D- Composite 37.03
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).

  • ARV discount +8.0/15.0
  • Cash flow +7.4/30.0
  • Schools +5.4/10.0
  • Condition / age +5.0/5.0
  • Livability +3.5/5.0
  • Rent growth +3.3/5.0
  • 1% rule +2.8/10.0
  • DSCR +1.5/10.0
  • Appreciation +0.0/10.0

$268,990

3657 Luxor Way · Oakleaf Plantation, FL 32068
3 bd · 2.5 ba · 1,482 sqft · Townhouse · 170 Days on market
Built 2026 Excellent condition 4,791 sqft lot Garage $182/sqft · at area comps Est $272k · at est. $150/mo HOA · 7% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Lennox offers 1,482 sq. ft. of modern living with 3 bedrooms and 2.5 baths. Its open layout connects the kitchen, dining, and great room for effortless entertaining, while the upstairs primary suite and laundry add everyday convenience.

Key facts

  • Innovative features
  • Cabana and pool
  • Open layout

Tags

WATER VIEWOPEN LAYOUTUPSTAIRS PRIMARY SUITECABANA AND POOLENERGY-EFFICIENT CONSTRUCTIONINNOVATIVE FEATURES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $269k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-346 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $219k (18.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (21.8% below list).
  • Recommended offer: $210k (21.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 70/100 on livability (#446 in FL) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: amenities F, commute F, health & safety F.
  • Clay (suburban): math 58% / reading 59% proficiency, ranked #14 of 73 in FL (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Tynes Elementary School (math 65% / reading 63%, grade B, #552 of 2,144 statewide, top 26%, 1,021 students, 43% FRL); Oakleaf Junior High (math 50% / reading 54%, grade C+, #217 of 571 statewide, top 40%, 1,118 students, 46% FRL); Ridgeview High School (math 41% / reading 53%, grade D-, #207 of 667 statewide, top 32%, 1,828 students, 46% FRL).
  • Market conditions: Rents rising (+3.4%/yr); 962 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 29d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,876 units permitted in Clay County in 2024 (14 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Clay 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 170 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
  • 3 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.
Recommended offer $210,454 (21.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 170 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.78% ✗
Cap rate
4.75%
Cash-on-cash
-5.52%
DSCR
0.75
GRM
10.7

CMA / ARV

ARV (median comp)
$271,990
List price
$268,990
Delta
-1.10%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3633 Luxor Way 0.02mi 3/2.5 1,482 (0%) 3mo $263,990 $178 96
3632 Luxor Way 0.12mi 3/2.5 1,482 (0%) 2mo $259,990 $175 92
3629 Luxor Way 0.03mi 3/2.5 1,406 (-5%) 1mo $249,990 $178 89
3645 Luxor Way 0.01mi 3/2.5 1,406 (-5%) 3mo $255,000 $181 89
3641 Luxor Way 0.02mi 3/2.5 1,406 (-5%) 3mo $244,990 $174 88
3653 Luxor Way 0.01mi 3/2.5 1,406 (-5%) 4mo $239,990 $171 88
3786 Cairo Way 0.03mi 3/2.5 1,598 (+8%) 2mo $293,000 $183 84
3782 Cairo Way 0.18mi 3/2.5 1,598 (+8%) 1mo $282,990 $177 78
823 Iken St 0.14mi 3/2.5 1,598 (+8%) 3mo $284,990 $178 78
3794 Cairo Way 0.17mi 3/2.5 1,598 (+8%) 3mo $289,990 $181 77
3766 Cairo Way 0.18mi 3/2.5 1,598 (+8%) 3mo $298,490 $187 76
3260 Chestnut Ridge Way 0.68mi 2/2.0 (-1) 1,381 (-7%) 4mo $247,500 $179 47

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 · 3.35% rent growth · sell at horizon

5-year hold
IRR
-25.2%
Equity multiple
0.14×
Total profit
$-64,779
Equity at exit
$40,107
10-year hold
IRR
-20.1%
Equity multiple
-0.08×
Total profit
$-81,236
Equity at exit
$23,257

Cash invested: $75,317 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
17 active · 22 under contract
Months of supply
5.1 mo (20%/mo absorbed)
Median asking
$252,165 ($177/sqft)
Median days on market
91 d
This list price
65% of active listings are priced below it
ARV vs active asking
+3.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32068

Home prices YoY
-27.5%
Rents YoY
3.4%
Active inventory
962
Price-to-rent
10.7×

Monthly cashflow live

Estimated rent
$2,105 high interval (Pro) →
Mortgage (P&I)
−$1,411
Tax est. 1.5%
−$336 /mo · $4,035/yr
Insurance
−$112
HOA
−$150
Vacancy / Maint / Mgmt
−$442
Net cashflow
$-346

Break-even live

Break-even rent $2,543
Max offer price $218,874
Occupancy floor —

Sensitivity live

Price -10% $-160 -5% $-253 +0% $-346 +5% $-439 +10% $-532
Rent -10% $-513 -5% $-429 +0% $-346 +5% $-263 +10% $-180
Rate -1.0pp $-211 -0.5pp $-278 base $-346 +0.5pp $-416 +1.0pp $-487

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
$67,248
Closing costs
$8,070
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3608 York Ln Middleburg, FL 3.0 2.5 1624 $2,474 $1.52 0d 78 0.12mi
3363 Roundabout Dr Middleburg, FL 3.0 2.5 1420 $1,997 $1.41 10d 1 0.22mi
3587 Evers Cv Middleburg, FL 3.0 2.0 1557 $1,799 $1.16 28d 1 0.30mi
3587 Evers Cv Middleburg, FL 3.0 2.0 1557 $1,799 $1.16 10d 1 0.30mi
3592 Evers Cv Middleburg, FL 4.0 2.0 1700 $2,200 $1.29 2d 1 0.32mi
3302 Roundabout Dr Middleburg, FL 3.0 2.0 1606 $2,097 $1.31 10d 1 0.32mi
3604 Prairie Wind Ct Middleburg, FL 2.0 2.5 1160 $1,595 $1.38 10d 1 0.44mi
656 Sunny Stroll Dr Middleburg, FL 3.0 2.0 1345 $1,779 $1.32 109d 1 0.46mi
660 Sunny Stroll Dr Middleburg, FL 3.0 2.0 1662 $1,815 $1.09 10d 1 0.47mi
827 Rivertree Pl Middleburg, FL 2.0 2.5 1160 $1,600 $1.38 10d 1 0.50mi
827 Rivertree Pl Middleburg, FL 2.0 2.5 1160 $1,750 $1.51 55d 1 0.50mi
903 Rivertree Pl Middleburg, FL 2.0 2.5 1160 $1,665 $1.44 138d 1 0.53mi
903 Rivertree Pl Middleburg, FL 2.0 2.5 1160 $1,665 $1.44 128d 1 0.53mi
728 Sunny Stroll Dr Middleburg, FL 4.0 2.0 1860 $2,200 $1.18 164d 1 0.54mi
824 Integra Park Dr Middleburg, FL 1.0–3.0 1.0–2.0 1068 $2,242 $2.10 0d 19 0.67mi
816 Redtail Ln Middleburg, FL 4.0 2.0 1821 $2,100 $1.15 55d 1 0.88mi
3480 Waterford Oaks Dr Orange Park, FL 4.0 2.0 1768 $2,197 $1.24 29d 1 0.99mi
3480 Waterford Oaks Dr Unit 22 Orange Park, FL 3.0 2.0 1768 $1,500 $0.85 49d 1 0.99mi
3349 Horseshoe Trail Dr Orange Park, FL 3.0 2.0 1771 $2,060 $1.16 48d 1 1.01mi
761 Turkey Point Dr Orange Park, FL 4.0 2.0 1753 $2,365 $1.35 1d 1 1.11mi
670 Grover Ln Orange Park, FL 3.0 2.5 1704 $1,950 $1.14 112d 1 1.14mi
488 Tynes Blvd Middleburg, FL 4.0 2.5 1875 $2,250 $1.20 10d 1 1.17mi
607 Reese Ave Orange Park, FL 3.0 2.5 1475 $1,800 $1.22 10d 1 1.17mi
619 Grover Ln Orange Park, FL 3.0 2.5 1683 $1,895 $1.13 133d 1 1.19mi
3938 Bloomfield Ct Middleburg, FL 3.0 2.5 1715 $2,275 $1.33 158d 1 1.20mi
3938 Bloomfield Ct Middleburg, FL 3.0 2.5 1715 $2,195 $1.28 55d 1 1.20mi
3905 Aubrey Ln Orange Park, FL 3.0 3.0 1580 $1,900 $1.20 9d 1 1.21mi
3861 Aubrey Ln Orange Park, FL 3.0 2.5 1564 $1,800 $1.15 10d 1 1.21mi
1255 Bedrock Dr Orange Park, FL 4.0 2.0 1673 $1,861 $1.11 7d 1 1.24mi
3949 Leatherwood Dr Orange Park, FL 3.0 2.0 1732 $2,070 $1.20 20d 1 1.25mi
979 Misty Maple Ct Orange Park, FL 4.0 2.0 1673 $2,107 $1.26 2d 1 1.30mi
3750 Silver Bluff Blvd Orange Park, FL 2.0–3.0 2.0–3.0 1862 $1,850 $0.99 143d 2 1.32mi
3750 Silver Bluff Blvd Orange Park, FL 3.0 2.5–3.0 1760 $1,850 $1.05 133d 1 1.32mi
4007 Leatherwood Dr Orange Park, FL 3.0 2.5 1817 $2,166 $1.19 103d 1 1.35mi
1064 Moosehead Dr Orange Park, FL 4.0 2.0 1713 $1,949 $1.14 112d 1 1.38mi
1063 Moosehead Dr Orange Park, FL 3.0 2.0 1513 $1,950 $1.29 10d 1 1.39mi
3899 Pebble Brooke Cir Orange Park, FL 3.0 2.0 1502 $1,950 $1.30 2d 1 1.47mi
3886 Pebble Brooke Cir Orange Park, FL 3.0 2.0 1502 $1,850 $1.23 164d 1 1.47mi

Property features AI

Finance

HOA & community
Association with monthly fee ($150)Community amenities include dog park, park, and playground

Exterior

Parking
Attached garage with garage door opener (1 garage space)
Utilities
Public sewerCable availableElectricity connectedSewer connectedWater connected
Home design
TownhouseAttached property
Construction
Fiber cement constructionShingle roof
Exterior features
Fenced (type: other)Shingle roofFiber cement exteriorProperty is attached (townhouse)Residential use

Interior

Kitchen
DisposalElectric rangeENERGY STAR qualified dishwasherMicrowaveRefrigerator
Bedrooms
3 bedrooms (all on the second level)
Flooring
CarpetTile
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heatingCentral air conditioning
Interior features
Entrance foyerKitchen islandOpen floorplanPantryPrimary bathroom with shower (no tub)Smart home featuresWalk-in closet(s)
Laundry & utility
Upper-level laundry

Listing history 50 events

  1. 2026-11-08
    days on market $268,990 Active 170 DOM
  2. 2026-11-07
    days on market $268,990 Active 169 DOM
  3. 2026-11-06
    days on market $268,990 Active 168 DOM
  4. 2026-11-05
    days on market $268,990 Active 167 DOM
  5. 2026-11-04
    pricedays on market $268,990 Active 166 DOM
  6. 2026-11-02
    days on market $269,990 Active 164 DOM
  7. 2026-11-01
    days on market $269,990 Active 163 DOM
  8. 2026-10-31
    days on market $269,990 Active 162 DOM
  9. 2026-10-30
    days on market $269,990 Active 161 DOM
  10. 2026-10-29
    days on market $269,990 Active 160 DOM
  11. 2026-10-28
    days on market $269,990 Active 159 DOM
  12. 2026-10-27
    days on market $269,990 Active 158 DOM
  13. 2026-10-26
    days on market $269,990 Active 157 DOM
  14. 2026-10-25
    days on market $269,990 Active 156 DOM
  15. 2026-10-24
    days on market $269,990 Active 155 DOM
  16. 2026-10-23
    days on marketlisting id $269,990 Active 154 DOM
  17. 2026-10-23
    days on market $269,990 Active 211 DOM
  18. 2026-10-22
    days on market $269,990 Active 210 DOM
  19. 2026-10-21
    days on market $269,990 Active 209 DOM
  20. 2026-10-20
    days on market $269,990 Active 208 DOM
  21. 2026-10-19
    days on market $269,990 Active 207 DOM
  22. 2026-10-18
    days on market $269,990 Active 206 DOM
  23. 2026-10-17
    days on market $269,990 Active 205 DOM
  24. 2026-10-16
    days on market $269,990 Active 204 DOM
  25. 2026-10-15
    days on market $269,990 Active 203 DOM
  26. 2026-10-14
    days on market $269,990 Active 202 DOM
  27. 2026-10-13
    days on market $269,990 Active 201 DOM
  28. 2026-10-12
    days on market $269,990 Active 200 DOM
  29. 2026-10-11
    days on market $269,990 Active 199 DOM
  30. 2026-10-10
    days on market $269,990 Active 198 DOM
  31. 2026-10-09
    days on market $269,990 Active 197 DOM
  32. 2026-10-08
    days on market $269,990 Active 196 DOM
  33. 2026-10-07
    days on market $269,990 Active 195 DOM
  34. 2026-10-06
    days on market $269,990 Active 194 DOM
  35. 2026-10-05
    days on market $269,990 Active 193 DOM
  36. 2026-10-04
    days on market $269,990 Active 192 DOM
  37. 2026-10-03
    days on market $269,990 Active 191 DOM
  38. 2026-10-02
    days on market $269,990 Active 190 DOM
  39. 2026-10-01
    days on market $269,990 Active 189 DOM
  40. 2026-09-30
    days on market $269,990 Active 188 DOM
  41. 2026-09-29
    days on market $269,990 Active 187 DOM
  42. 2026-09-28
    days on market $269,990 Active 186 DOM
  43. 2026-09-27
    days on market $269,990 Active 185 DOM
  44. 2026-09-25
    days on market $269,990 Active 183 DOM
  45. 2026-09-24
    days on market $269,990 Active 182 DOM
  46. 2026-09-23
    days on market $269,990 Active 181 DOM
  47. 2026-09-22
    days on market $269,990 Active 180 DOM
  48. 2026-09-21
    days on market $269,990 Active 179 DOM
  49. 2026-09-20
    days on market $269,990 Active 178 DOM
  50. 2026-09-19
    days on market $269,990 Active 177 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,254
− Mortgage interest
−$15,068
− Property taxes
−$4,035
− Insurance
−$1,345
− Repairs & maintenance
−$2,020
− Management
−$2,020
− HOA
−$1,800
− Depreciation
−$7,825
Taxable loss
−$8,859
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,126
After-tax cash flow
$-2,030/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.

Condition & rehab AI · 12 photos

Excellent 100/100 None rehab

This move-in-ready townhome is in excellent condition with modern amenities and a beautiful outdoor setting.

Value-add opportunities

  • Both landscaping — enhances curb appeal and adds value ↑
  • Both smart home features — increases comfort and energy efficiency ↑
D Composite school gradezoned avg 54/100

Zoned Schools

Elementary Tynes Elementary School B FL #552/2,144 Nat'l #5,798/41,679 Middle Oakleaf Junior High C+ FL #217/571 Nat'l #3,033/14,009 High Ridgeview High School D- FL #207/667 Nat'l #6,330/17,239

Schools (NCES district)

District
Clay
NCES district ID
1200300
Math proficiency
58% ▼ -8.00%
Reading proficiency
59% ▼ -3.00%
Median HH income
$59,379
Composite
50.73/100
National rank
#1815
State rank
#14 of 73 in FL
B Composite livability gradescore 70/100

Livability — Oakleaf Plantation

Score
70/100
State rank
#446
US rank
#8083

Category grades

Amenities F Commute F Cost of living B- Crime B+ Employment A+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Oakleaf Plantation, FL
County
Clay County · 230,495 people
City population
40,366
Metro
Jacksonville, FL
Population (ZIP)
58,983
Household income
$84,431
Rent vs Own
20.7% rent · 79.3% own
Severe rent burden
16% of renters

Population outlook (Clay County) Hauer SSP2

Today (2025)
230,495 people
By 2030
242,427 · +5.2%
By 2040
262,244 · +13.8%
By 2050
275,148 · +19.4%
By 2075
295,397 · +28.2%
By 2100
287,592 · +24.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 13% Two or more races 10% Black 7%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5%
Languages at home
87% English-only · Spanish 9% Arabic 1% German/W. Germanic 1%

Political lean MEDSL · Clay

2024 margin
Solid R (+39.3) · D 29.9% · R 69.2%
2008→2024 swing
+3.6pp toward D · 2008: -42.8pp · 2024: -39.3pp
All cycles
2024: R+39.3 2020: R+37.1 2016: R+44.3 2012: R+45.8 2008: R+42.8

Not yet ingested

Civics
—

Price history

+0.7% since first listed
6 events — show timeline
  • 2026-05-07 Price Changed $274,990 Zillow
  • 2026-05-06 Price Changed $274,990 realMLS
  • 2026-04-25 Relisted — Zillow
  • 2026-04-25 Delisted — Zillow
  • 2026-04-03 Listed $272,990 realMLS
  • 2026-03-25 Listed $272,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…