6946 Jack Horner Ln · Jacksonville, FL 32210

$111,000

2 bd · 1.0 ba · 975 sqft · SingleFamily public records · 11 Days on market

Built 1961 7,840 sqft lot Est $182k · 39% under

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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 +24.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.0/10.0
• 1% rule +6.7/10.0
• 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 MLS

INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

Key facts

• 7,840 sq ft lot
• Parking
• Built 1961

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Carport (1 space)
• Utilities: Sewer connected; Water available
• Home design: Single family residence; Used for residential purposes
• Exterior features: Lot approximately 0.18 acres; No private pool

Interior

• Kitchen: Electric oven
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric oven

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $111k.

Deal economics

• At list price, monthly cash flow is $235 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $111k).
• Cap rate 8.8% 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 (+2.1%/yr); 441 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $767 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

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.
• Current owner paid $30k; list at $111k implies a 270% 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 $111,000

Questions for the listing agent

1. Built in 1961 — 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. 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.
5. 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.
6. 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: 1.17% ✓
• Cap rate: 8.83%
• Cash-on-cash: 9.06%
• DSCR: 1.40
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $182,325
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2519 March Hare Ln	0.18mi	3/1.5 (+1)	975 (0%)	9mo	$193,000	$198	77
6770 Tinkerbell Ln	0.27mi	3/1.0 (+1)	975 (0%)	6mo	$182,700	$187	77
6787 Miss Muffet Ln S	0.20mi	3/1.0 (+1)	975 (0%)	11mo	$169,900	$174	76
2521 Chris Ct	0.22mi	3/1.5 (+1)	910 (-7%)	1mo	$179,000	$197	71
7205 Eudine Dr S	0.38mi	3/1.0 (+1)	896 (-8%)	11mo	$108,000	$121	55
2254 Firestone Rd	0.25mi	3/1.5 (+1)	1,110 (+14%)	9mo	$170,000	$153	50
7230 Eudine Dr N	0.41mi	3/2.0 (+1)	1,048 (+8%)	11mo	$170,000	$162	50
7233 Koleda Dr	0.41mi	3/1.0 (+1)	1,112 (+14%)	11mo	$100,000	$90	44
2313 Betsy Dr	0.62mi	3/2.0 (+1)	1,080 (+11%)	1mo	$215,000	$199	43
2502 Hugh Edwards Dr	0.56mi	3/2.0 (+1)	1,100 (+13%)	8mo	$180,000	$164	37
6414 Lucente Dr	0.73mi	3/2.0 (+1)	1,056 (+8%)	8mo	$211,300	$200	36
2222 Bills Dr	0.70mi	3/2.0 (+1)	1,100 (+13%)	7mo	$222,000	$202	31

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: -3.6%
• Equity multiple: 0.87×
• Total profit: $-4,159
• Equity at exit: $16,550

10-year hold

• IRR: 5.1%
• Equity multiple: 1.36×
• Total profit: $11,124
• Equity at exit: $9,597

Cash invested: $31,080 (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: 7.2×

Monthly cashflow live

• Estimated rent: $1,294 high
• Mortgage (P&I): −$582
• Tax from tax record: −$159 /mo · $1,908/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $235

Break-even live

Break-even rent $997

Max offer price $111,000

Occupancy floor 77%

Sensitivity live

Price	-10% $297	-5% $266	+0% $235	+5% $203	+10% $172
Rent	-10% $132	-5% $184	+0% $235	+5% $286	+10% $337
Rate	-1.0pp $291	-0.5pp $263	base $235	+0.5pp $206	+1.0pp $177

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: $27,750
• Closing costs: $3,330
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6863 Jack Horner Ln Jacksonville, FL	3.0	1.0	975	$1,095	$1.12	8d	1	0.06mi
6809 Miss Muffet Ln S Jacksonville, FL	3.0	1.0	1095	$1,475	$1.35	5d	1	0.15mi
6746 Jack Horner Ln Jacksonville, FL	3.0	1.0	975	$1,450	$1.49	24d	1	0.24mi
2111 Firestone Rd Unit 3 Jacksonville, FL	2.0	1.0	800	$1,095	$1.37	24d	1	0.31mi
2111 Firestone Rd Jacksonville, FL	2.0	1.0	800	$1,095	$1.37	13d	1	0.31mi
7152 Koleda Dr Jacksonville, FL	3.0	1.0	1110	$1,300	$1.17	4d	1	0.33mi
7101 Wilson Blvd Jacksonville, FL	1.0–3.0	1.0–2.0	903	$1,442	$1.60	2d	23	0.38mi
7101 Wilson Blvd Jacksonville, FL	1.0	1.0	680	$1,305	$1.92	24d	1	0.38mi
7233 Eudine Dr S Jacksonville, FL	3.0	1.5	884	$1,345	$1.52	4d	1	0.44mi
7178 Conant Ave Jacksonville, FL	2.0	1.0	996	$1,000	$1.00	18d	1	0.45mi
7190 Conant Ave Unit 4 Jacksonville, FL	2.0	1.0	700	$1,125	$1.61	11d	1	0.46mi
6595 San Juan Ave Jacksonville, FL	1.0–2.0	1.0	846	$1,250	$1.48	20d	4	0.63mi
6511 San Juan Ave Jacksonville, FL	2.0	2.0	740	$1,200	$1.62	4d	1	0.73mi
3631 Kirkpatrick Cir Jacksonville, FL	2.0–3.0	2.0	1137	$1,250	$1.10	8d	2	0.81mi
3620 Kirkpatrick Cir #4 Jacksonville, FL	2.0	2.0	1118	$1,250	$1.12	18d	1	0.82mi
3620 Kirkpatrick Cir #4 Jacksonville, FL	2.0	2.0	1118	$1,175	$1.05	15d	1	0.82mi
6715 Cotton Tail Ln Jacksonville, FL	3.0	1.5	1120	$1,450	$1.29	15d	1	0.82mi
3680 Kirkpatrick Cir Unit 16-13 Jacksonville, FL	2.0	2.0	940	$1,195	$1.27	24d	1	0.84mi
3680 Kirkpatrick Cir Jacksonville, FL	2.0	2.0	1118	$1,245	$1.11	24d	1	0.84mi
3680 Kirkpatrick Cir Jacksonville, FL	2.0	2.0	1029	$1,222	$1.19	12d	2	0.84mi
3670 Kirkpatrick Cir Unit 14 Jacksonville, FL	2.0	2.0	1118	$1,350	$1.21	18d	1	0.86mi
6349 Kimberly Ln Jacksonville, FL	1.0	1.0	688	$1,095	$1.59	24d	1	0.92mi
1591 Lane Ave S Jacksonville, FL	1.0–3.0	1.0–2.0	954	$1,200	$1.26	24d	1	0.92mi
5821 San Juan Ave Jacksonville, FL	1.0–3.0	1.0–2.0	1056	$1,165	$1.10	4d	7	1.06mi
2039 Niblick Dr Jacksonville, FL	1.0–2.0	1.0–2.0	847	$1,275	$1.51	3d	10	1.08mi
1570 Lane Ave S Jacksonville, FL	1.0–2.0	1.0–1.5	862	$1,425	$1.65	3d	10	1.15mi
7619 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	5d	1	1.17mi
5615 San Juan Ave #208 Jacksonville, FL	2.0	2.0	1115	$1,200	$1.08	24d	1	1.17mi
6066 Wilson Blvd Jacksonville, FL	3.0	3.0	1097	$1,800	$1.64	24d	1	1.20mi
7632 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,290	$1.24	8d	1	1.20mi
7655 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	5d	2	1.22mi
7655 Mailes Ct Jacksonville, FL	2.0	2.0	1040	$1,365	$1.31	8d	1	1.22mi
7650 Mailes Ct #101 Jacksonville, FL	2.0	2.0	1051	$1,200	$1.14	24d	1	1.23mi
7656 Mailes Ct Unit 202 Jacksonville, FL	2.0	2.0	1040	$1,225	$1.18	24d	1	1.24mi
1465 Manotak Point Dr #105 Jacksonville, FL	2.0	2.0	940	$1,295	$1.38	18d	1	1.25mi
2002 Constant Dr Jacksonville, FL	3.0	1.0	1038	$1,580	$1.52	5d	1	1.26mi
1936 Constant Dr Jacksonville, FL	3.0	2.0	1124	$1,645	$1.46	24d	1	1.27mi
7963 Lemans Dr Jacksonville, FL	3.0	1.5	1068	$1,349	$1.26	24d	1	1.28mi
4463 Melvin Cir W Jacksonville, FL	3.0	1.0	782	$1,780	$2.28	22d	1	1.37mi
1443 Winnebago Ave #1 Jacksonville, FL	2.0	1.0	800	$1,025	$1.28	24d	1	1.38mi

Listing history 10 events

1. 2026-04-21
   status Pending
2. 2026-04-10
   listed $111,000 Active
3. 2026-03-23
   historical 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

4. 2026-02-12
   price $116,900 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

5. 2026-02-06
   price $117,500 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

6. 2026-02-02
   price $119,900 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

7. 2026-01-27
   price $124,900 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

8. 2026-01-15
   listed $129,900 Active 683-char remark

   Show marketing remark (683 chars)

   INVESTOR ALERT! LOCATION LOCATION LOCATION!!! CEDAR HILLS ESTATES Concrete Block 2/1 Bungalow with CARPORT. With a strong rental market in CEDAR HILLS ESTATES, this one may offer long term WEALTH BUILDING as part of a rental portfolio, or perhaps could be a great opportunity for a BUY FIX SELL project for a seasoned rehabber/investor. Property is currently occupied by Deedholder's family member, but will be vacant at closing. Roof appears to be newer/ in good shape, but Buyer must verify condition of the property independently. Corporate Seller has equitable interest, and is looking for CASH or Hard Money only, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.

9. 1990-10-01
   soldstatus $30,000
10. 1986-03-01
    soldstatus $36,800

ⓘ 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: $1,908 · $159/mo
• Projected year-2 tax: $1,908 · $159/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 3/10 Moderate
• 🌡 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 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,524
• − Mortgage interest: −$6,218
• − Property taxes: −$1,908
• − Insurance: −$555
• − Repairs & maintenance: −$1,242
• − Management: −$1,242
• − Depreciation: −$3,229
• Taxable income: $1,130
• Est. tax owed @ 24.0%: −$271
• After-tax cash flow: $2,544/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

+201.6% since first listed

10 events — show timeline

• 2026-04-21 Pending — realMLS
• 2026-04-10 Listed $111,000 realMLS
• 2026-03-23 Listing Removed — realMLS
• 2026-02-12 Price Changed $116,900 realMLS
• 2026-02-06 Price Changed $117,500 realMLS
• 2026-02-02 Price Changed $119,900 realMLS
• 2026-01-27 Price Changed $124,900 realMLS
• 2026-01-15 Listed $129,900 realMLS
• 1990-10-01 Sold (Public Records) $30,000 Public Records
• 1986-03-01 Sold (Public Records) $36,800 Public Records

Property tax history

+10.0%/yr

Latest (2025): $1,908 · +14.3% YoY. Source: county tax records.