5400 Collins Road, #119 Plan · Jacksonville, FL 32244

$79,900

3 bd · 2.0 ba · 1,456 sqft · Manufactured · 321 Days on market

Manufactured home Good condition $55/sqft · 40% below area Est $134k · 40% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Condition / age +4.0/5.0
• Schools +3.8/10.0
• Rent growth +3.1/5.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -6.6

Listing remarks

Welcome to life at Continental Village, a Land Leased Manufactured Home Community in Jacksonville. This 2024 residence offers 3 BR, 2 BA, and 1456 sq. ft. With amenities to simplify daily routines, this home is designed to balance space and functionality. Its straightforward layout makes it easy to personalize and enjoy. Schedule your visit with our team today.

Key facts

• Listed 320 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $80k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $472 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.4% 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.
• Zoned schools: Venetia Elementary School (math 52% / reading 47%, grade D, #1,088 of 2,144 statewide, top 53%, 377 students, 48% FRL); Joseph Stilwell Middle School (math 31% / reading 33%, grade F, #448 of 571 statewide, top 79%, 612 students, 68% FRL); Riverside High School (math 24% / reading 39%, grade F, #424 of 667 statewide, top 64%, 1,567 students, 60% FRL).
• Market conditions: Rents rising (+2.2%/yr); 673 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 108d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $552 of loan paydown is wiped out by about $2k 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 + 2.2% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 321 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 321 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.62% ✓
• Cap rate: 13.39%
• Cash-on-cash: 25.34%
• DSCR: 2.13
• GRM: 5.1

CMA / ARV

• ARV (median comp): $134,000
• List price: $79,900
• Delta: -40.37%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5427 Greatpine Ct	0.16mi	3/2.0	1,422 (-2%)	2mo	$180,000	$127	87
7361 Wonder Ln	1.28mi	3/2.0	1,408 (-3%)	2mo	$236,000	$168	58
5646 Pinebay Cir S	0.31mi	2/2.0 (-1)	1,210 (-17%)	1mo	$171,000	$141	55
7420 Hennessy Rd	1.23mi	3/2.0	1,587 (+9%)	2mo	$249,900	$157	49
1745 Laura Ann Ln	0.94mi	3/2.0	1,326 (-9%)	2mo	$270,000	$204	48
4820 Avent Dr	1.46mi	4/2.0 (+1)	1,579 (+8%)	2mo	$239,900	$152	45
7216 Wonder Ln	1.46mi	3/2.0	1,125 (-23%)	0mo	$190,000	$169	40
7611 McCowan Dr	1.10mi	3/2.0	1,196 (-18%)	1mo	$185,000	$155	39
7302 Wonder Ln	1.39mi	3/2.0	1,160 (-20%)	2mo	$313,000	$270	38
470 Kevin Dr	1.41mi	3/2.0	1,805 (+24%)	2mo	$365,000	$202	38
540 Willow Oak Ln	1.34mi	3/2.5	1,667 (+14%)	2mo	$268,000	$161	37
200 Debarry Ave	1.23mi	4/2.0 (+1)	1,699 (+17%)	2mo	$309,000	$182	34

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 · 2.25% rent growth · sell at horizon

5-year hold

• IRR: 18.0%
• Equity multiple: 1.72×
• Total profit: $16,192
• Equity at exit: $11,913

10-year hold

• IRR: 25.9%
• Equity multiple: 3.19×
• Total profit: $49,000
• Equity at exit: $6,908

Cash invested: $22,372 (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 32244

• Home prices YoY: -17.8%
• Rents YoY: 2.2%
• Active inventory: 673
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,297 high
• Mortgage (P&I): −$419
• Tax est. 1.5%: −$100 /mo · $1,198/yr
• Insurance: −$33
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $472

Break-even live

Break-even rent $699

Max offer price $79,900

Occupancy floor 59%

Sensitivity live

Price	-10% $528	-5% $500	+0% $472	+5% $445	+10% $417
Rent	-10% $370	-5% $421	+0% $472	+5% $524	+10% $575
Rate	-1.0pp $513	-0.5pp $493	base $472	+0.5pp $452	+1.0pp $431

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: $19,975
• Closing costs: $2,397
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8271 Pineverde Ln Jacksonville, FL	2.0	2.0	1182	$1,328	$1.12	108d	1	0.09mi
8538 Pineverde Ln Jacksonville, FL	2.0	2.0	1020	$1,365	$1.34	50d	1	0.10mi
8544 Pineverde Ln Jacksonville, FL	2.0	2.0	1020	$1,350	$1.32	10d	1	0.11mi
8326 Windypine Ln Jacksonville, FL	2.0	2.0	1225	$1,325	$1.08	164d	1	0.14mi
5260 Collins Rd Jacksonville, FL	3.0	2.5	1375	$1,645	$1.20	2d	2	0.17mi
5260 Collins Rd Jacksonville, FL	3.0	2.5	1443	$1,575	$1.09	155d	2	0.17mi
5260 Collins Rd #1501 Jacksonville, FL	3.0	2.5	1459	$1,600	$1.10	108d	1	0.17mi
5260 Collins Rd #1401 Jacksonville, FL	3.0	2.5	1596	$1,650	$1.03	148d	1	0.17mi
5258 Collins Preserve Ln Jacksonville, FL	1.0–3.0	1.0–2.0	1002	$2,129	$2.12	1d	22	0.22mi
5524 Greatpine Ln N Jacksonville, FL	3.0	2.0	1450	$1,500	$1.03	157d	1	0.22mi
5550 Oak Crossing Dr Jacksonville, FL	3.0	2.0	1423	$1,800	$1.26	133d	1	0.22mi
5655 Pinehill Ln Jacksonville, FL	3.0	2.0	1348	$1,450	$1.08	55d	1	0.23mi
8155 Pineverde Ln Jacksonville, FL	3.0	2.0	1426	$1,985	$1.39	157d	1	0.25mi
5539 Pinebay Cir N Jacksonville, FL	2.0	2.0	1210	$1,300	$1.07	126d	1	0.25mi
5547 Pinebay Cir N Jacksonville, FL	2.0	2.0	1210	$1,350	$1.12	118d	1	0.26mi
8269 Halls Hammock Ct Jacksonville, FL	3.0	3.0	1539	$1,699	$1.10	164d	1	0.28mi
8227 Oak Crossing Dr W Jacksonville, FL	3.0	2.0	1294	$1,631	$1.26	138d	1	0.28mi
8542 Colony Pine Cir W Jacksonville, FL	2.0	2.0	1185	$1,400	$1.18	10d	1	0.28mi
8570 Colony Pine Cir W Jacksonville, FL	2.0	2.0	1109	$1,320	$1.19	118d	1	0.29mi
8311 Oak Crossing Dr W Jacksonville, FL	3.0	2.0	1324	$1,675	$1.27	19d	1	0.31mi
8224 Halls Hammock Ct Jacksonville, FL	3.0	2.5	1364	$1,690	$1.24	55d	1	0.33mi
8218 Halls Hammock Ct Jacksonville, FL	3.0	2.5	1364	$1,650	$1.21	164d	1	0.33mi
8214 Halls Hammock Ct Unit 8214 Jacksonville, FL	4.0	2.5	1574	$1,850	$1.18	37d	1	0.33mi
5646 Pinebay Cir S Jacksonville, FL	2.0	2.0	1210	$1,495	$1.24	108d	1	0.33mi
8064 Pineverde Ln Jacksonville, FL	3.0	2.0	1333	$1,670	$1.25	0d	1	0.34mi
8745 Whispering Pines Dr Jacksonville, FL	2.0	2.0	1210	$1,400	$1.16	10d	1	0.34mi
5553 Greatpine Ln S Jacksonville, FL	2.0	2.0	1210	$1,345	$1.11	55d	1	0.36mi
5557 Greatpine Ln S Jacksonville, FL	2.0	2.0	1210	$1,495	$1.24	162d	1	0.37mi
5563 Greatpine Ln S Jacksonville, FL	3.0	2.0	1459	$1,695	$1.16	10d	1	0.37mi
5620 Collins Rd Jacksonville, FL	1.0–3.0	1.0–2.0	936	$1,050	$1.12	2d	1	0.38mi
5528 Greatpine Ln S Jacksonville, FL	3.0	2.0	1504	$1,450	$0.96	45d	1	0.38mi
8376 Oak Crossing Dr W Jacksonville, FL	3.0	2.0	1324	$1,645	$1.24	10d	1	0.39mi
8119 Beatle Blvd Jacksonville, FL	3.0	2.0	1468	$1,950	$1.33	55d	1	0.40mi
5357 Tessa Ter Jacksonville, FL	3.0	2.0	1424	$1,799	$1.26	51d	1	0.42mi
5357 Tessa Ter Jacksonville, FL	3.0	2.0	1424	$1,949	$1.37	107d	1	0.42mi
5328 Tessa Ter Jacksonville, FL	3.0	2.0	1314	$1,870	$1.42	37d	1	0.46mi
5337 Lacy Jane Way Jacksonville, FL	3.0	2.0	1516	$1,980	$1.31	108d	1	0.48mi
2078 Tanager Dr Orange Park, FL	3.0	2.0	1664	$1,870	$1.12	112d	1	0.51mi
2066 Tanager Dr Orange Park, FL	3.0	2.0	1617	$2,000	$1.24	151d	1	0.52mi
5065 Knightsbridge Cir N Jacksonville, FL	4.0	2.0	1400	$1,950	$1.39	38d	1	0.52mi

Property features AI

Finance

• Financial info: List price $79,900

Exterior

• Home design: Plan inventory (new construction plan)Single-level residence implied by plan name

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Living area approximately 1,456

Listing history 50 events

1. 2026-11-08
   days on market $79,900 Active 321 DOM
2. 2026-11-07
   days on market $79,900 Active 320 DOM
3. 2026-11-06
   days on market $79,900 Active 319 DOM
4. 2026-11-05
   days on market $79,900 Active 318 DOM
5. 2026-11-04
   days on market $79,900 Active 317 DOM
6. 2026-11-02
   days on market $79,900 Active 315 DOM
7. 2026-11-01
   days on market $79,900 Active 314 DOM
8. 2026-10-31
   days on market $79,900 Active 313 DOM
9. 2026-10-30
   days on market $79,900 Active 312 DOM
10. 2026-10-29
    days on market $79,900 Active 311 DOM
11. 2026-10-28
    days on market $79,900 Active 310 DOM
12. 2026-10-27
    days on market $79,900 Active 309 DOM
13. 2026-10-26
    days on market $79,900 Active 308 DOM
14. 2026-10-25
    days on market $79,900 Active 307 DOM
15. 2026-10-24
    days on market $79,900 Active 306 DOM
16. 2026-10-23
    days on market $79,900 Active 305 DOM
17. 2026-10-22
    days on market $79,900 Active 304 DOM
18. 2026-10-20
    days on market $79,900 Active 302 DOM
19. 2026-10-19
    days on market $79,900 Active 301 DOM
20. 2026-10-18
    days on market $79,900 Active 300 DOM
21. 2026-10-17
    days on market $79,900 Active 299 DOM
22. 2026-10-16
    days on market $79,900 Active 298 DOM
23. 2026-10-15
    days on market $79,900 Active 297 DOM
24. 2026-10-14
    days on market $79,900 Active 296 DOM
25. 2026-10-13
    days on market $79,900 Active 295 DOM
26. 2026-10-12
    days on market $79,900 Active 294 DOM
27. 2026-10-11
    days on market $79,900 Active 293 DOM
28. 2026-10-10
    days on market $79,900 Active 292 DOM
29. 2026-10-09
    days on market $79,900 Active 291 DOM
30. 2026-10-08
    days on market $79,900 Active 290 DOM
31. 2026-10-07
    days on market $79,900 Active 289 DOM
32. 2026-10-06
    days on market $79,900 Active 288 DOM
33. 2026-10-05
    days on market $79,900 Active 287 DOM
34. 2026-10-04
    days on market $79,900 Active 286 DOM
35. 2026-10-03
    days on market $79,900 Active 285 DOM
36. 2026-10-02
    days on market $79,900 Active 284 DOM
37. 2026-10-02
    days on market $79,900 Active 283 DOM
38. 2026-09-30
    days on market $79,900 Active 282 DOM
39. 2026-09-29
    days on market $79,900 Active 281 DOM
40. 2026-09-28
    days on market $79,900 Active 280 DOM
41. 2026-09-27
    days on market $79,900 Active 279 DOM
42. 2026-09-25
    days on market $79,900 Active 277 DOM
43. 2026-09-24
    days on market $79,900 Active 276 DOM
44. 2026-09-23
    days on market $79,900 Active 275 DOM
45. 2026-09-22
    days on market $79,900 Active 274 DOM
46. 2026-09-21
    days on market $79,900 Active 273 DOM
47. 2026-09-19
    days on market $79,900 Active 271 DOM
48. 2026-09-18
    days on market $79,900 Active 270 DOM
49. 2026-09-17
    days on market $79,900 Active 269 DOM
50. 2026-09-16
    days on market $79,900 Active 268 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,564
• − Mortgage interest: −$4,476
• − Property taxes: −$1,198
• − Insurance: −$400
• − Repairs & maintenance: −$1,245
• − Management: −$1,245
• − Depreciation: −$2,324
• Taxable income: $4,676
• Est. tax owed @ 24.0%: −$1,122
• After-tax cash flow: $4,547/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 · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $7,280–$21,840 screening

This manufactured home is in good condition with modern finishes and a well-maintained exterior. It is ready for immediate occupancy and can be enhanced with minor exterior improvements to boost its value.

Value-add opportunities

• Both Painting the exterior siding — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Adding a small front porch — Can increase both resale and rental value by adding a welcoming entryway. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Venetia Elementary School D FL #1,088/2,144 Nat'l #12,785/41,679 Middle Joseph Stilwell Middle School F FL #448/571 Nat'l #8,317/14,009 High Riverside High School F FL #424/667 Nat'l #10,753/17,239

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

A Composite livability gradescore 83/100

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 · 1,013,010 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 63,592
• Household income: $62,204
• Rent vs Own: 43.7% rent · 56.3% own
• Severe rent burden: 14% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 39% Black 35% Hispanic / Latino 15% Two or more races 10% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 3%
• Languages at home: 83% English-only · Spanish 9% Tagalog/Filipino 3% French/Haitian/Cajun 2%

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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: ▼ -64.22%
• Current HPI: 296.5375
• Rent YoY: ▲ 2.25%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Financial info: List price $79,900

Exterior

• Home design: Plan inventory (new construction plan)Single-level residence implied by plan name

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Living area approximately 1,456