7624 Timberwood Dr · Jacksonville, FL 32256

$165,000

3 bd · 2.0 ba · 1,188 sqft · Manufactured public records · 20 Days on market

Built 1991 4,356 sqft lot Est $143k · 16% over $40/mo HOA · 2% of rent

---

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).

• Cash flow +26.4/30.0
• DSCR +9.0/10.0
• 1% rule +6.1/10.0
• Appreciation +4.2/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• ARV discount +0.4/15.0

Listing remarks MLS

Priced to sell!! Charming 3 bed 2 bath home offers comfort, style, and convenience in an ideal location just minutes from the scenic S.t. Johns River. Inside, you'll find durable luxury vinyl plank flooring throughout the main living areas and cozy carpet in the bedrooms. Seller has since installed blinds in the home. The kitchen is perfect for cooking and entertaining, featuring brand new cabinets, sleek stainless steel appliances, and plenty of prep space. Enjoy bedrooms with spacious walk in closets. Both bathrooms have been tastefully upgraded with designer vanities, stylish tile work, and modern finishes. A beautiful lighting package adds warmth and character throughout the home. Washer and dryer are included! Outside, backyard shed provides great storage for tools and toys, while the oversized attached two-car carport offers plenty of covered parking and convenience.

Key facts

• Designer vanities
• Updated home
• Lvp flooring

Tags

• UPDATED HOME
• LVP FLOORING
• BRAND-NEW CABINETRY
• STAINLESS STEEL APPLIANCES
• OVERSIZED WALK-IN CLOSETS
• DESIGNER VANITIES

Property features AI

Finance

• HOA & community: Homeowners association with $40 monthly fee; Not a senior community

Exterior

• Parking: Attached carport (2 spaces)
• Utilities: Public sewer; Sewer and water connected
• Home design: Double wide manufactured home; One level
• Construction: Vinyl siding; Shingle roof
• Exterior features: Front porch; Fenced yard; Shed(s) on the property; Paved city street frontage

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Primary bathroom includes shower (no tub); Split bedroom floor plan; Walk-in closet(s)
• Laundry & utility: Washer and dryer included; In-unit laundry with electric dryer hookup and washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $431 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $163k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.4% 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: Mandarin Oaks Elementary School (math 70% / reading 63%, grade B+, #473 of 2,144 statewide, top 23%, 988 students, 32% FRL); Twin Lakes Academy Middle School (math 43% / reading 38%, grade F, #360 of 571 statewide, top 64%, 1,076 students, 44% FRL); Atlantic Coast High School (math 37% / reading 48%, grade F, #264 of 667 statewide, top 41%, 2,537 students, 35% FRL).
• Market conditions: Rents flat; 513 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 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 (-1.6%/yr); year-one equity from $1k 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

• It's been on market 20 days — a 2% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $92k; list at $165k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,525 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.11% ✓
• Cap rate: 9.43%
• Cash-on-cash: 11.20%
• DSCR: 1.50
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $142,560
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7622 Sunwood Dr	0.04mi	3/2.0	1,288 (+8%)	7mo	$154,000	$120	78
7726 Plumwood Dr	0.12mi	3/2.0	1,288 (+8%)	15mo	$165,000	$128	68
7537 Covewood Dr	0.13mi	3/2.0	1,296 (+9%)	15mo	$125,000	$96	67
10905 Moorewood Dr	0.11mi	2/2.0 (-1)	1,296 (+9%)	18mo	$85,000	$66	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.58% appreciation · 0.39% rent growth · sell at horizon

5-year hold

• IRR: 3.1%
• Equity multiple: 1.13×
• Total profit: $6,022
• Equity at exit: $35,299

10-year hold

• IRR: 8.2%
• Equity multiple: 1.68×
• Total profit: $31,254
• Equity at exit: $33,332

Cash invested: $46,200 (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 32256

• Home prices YoY: -0.7%
• Rents YoY: 0.4%
• Active inventory: 513
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,838 high
• Mortgage (P&I): −$865
• Tax from tax record: −$47 /mo · $564/yr
• Insurance: −$69
• HOA: −$40
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $431

Break-even live

Break-even rent $1,292

Max offer price $165,000

Occupancy floor 72%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10906 Olivewood Ln Jacksonville, FL	2.0	1.0	784	$1,495	$1.91	17d	1	0.09mi
7703 Erinwood Ct E Jacksonville, FL	3.0	2.0	1123	$1,800	$1.60	4d	1	0.14mi
10598 Cordgrass Ln Jacksonville, FL	1.0–3.0	1.0–2.0	1131	$2,305	$2.04	1d	29	0.71mi
10654 Towns Way Jacksonville, FL	2.0–3.0	2.5	1338	$2,430	$1.82	7d	10	0.85mi
11778 Beardgrass Way Jacksonville, FL	2.0	2.5	1155	$1,750	$1.52	23d	1	0.93mi
11100 Domain Dr Jacksonville, FL	1.0–2.0	1.0–2.5	1000	$2,645	$2.64	1d	5	1.38mi

HOA detail

• Monthly dues: $40 · $480/yr

Listing history 14 events

1. 2026-06-18
   days on market $165,000 Active 20 DOM
2. 2026-06-17
   days on market $165,000 Active 19 DOM
3. 2026-06-16
   days on market $165,000 Active 18 DOM
4. 2026-06-15
   days on market $165,000 Active 17 DOM
5. 2026-06-13
   days on market $165,000 Active 15 DOM
6. 2026-06-13
   days on market $165,000 Active 14 DOM
7. 2026-06-10
   days on market $165,000 Active 11 DOM
8. 2026-06-08
   pricedays on market $165,000 Active 10 DOM
9. 2026-06-07
   days on market $185,000 Active 9 DOM
10. 2026-06-05
    days on market $185,000 Active 6 DOM
11. 2026-06-03
    days on market $185,000 Active 5 DOM
12. 2026-06-02
    days on market $185,000 Active 4 DOM
13. 2026-06-01
    days on market $185,000 Active 3 DOM
14. 2026-05-31
    days on market $185,000 Active 2 DOM

ⓘ 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: $564 · $47/mo
• Projected year-2 tax: $1,370 · $114/mo
• Expected delta: +$806/yr (+$67/mo · 142.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 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 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,056
• − Mortgage interest: −$9,243
• − Property taxes: −$564
• − Insurance: −$825
• − Repairs & maintenance: −$1,765
• − Management: −$1,765
• − HOA: −$480
• − Depreciation: −$4,800
• Taxable income: $2,616
• Est. tax owed @ 24.0%: −$628
• After-tax cash flow: $4,545/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): 58,192
• Household income: $73,570
• Rent vs Own: 61.3% rent · 38.7% own
• Severe rent burden: 2706.0

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 0.68)
• Race & ethnicity: White 51% Black 18% Asian 13% Hispanic / Latino 11% Two or more races 10%
• Hispanic origin (detail): Puerto Rican 4% Cuban 1%
• Common ancestry: Italian 4% Lithuanian 2% Romanian 2%
• Foreign-born: 22% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 9% Other Indo-European 6% Other Asian/Pacific 3%

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: ▼ -1.58%
• Current HPI: 216.5115
• Rent YoY: ▲ 0.39%
• 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

+2366.7% since first listed

12 events — show timeline

• 2026-05-28 Listed $185,000 realMLS
• 2026-05-26 Relisted — realMLS
• 2026-05-26 Listing Removed — realMLS
• 2026-04-30 Listing Removed — realMLS
• 2026-04-10 Price Changed $174,500 realMLS
• 2026-04-06 Price Changed $175,000 realMLS
• 2026-03-30 Price Changed $179,900 realMLS
• 2026-03-12 Listed $199,900 realMLS
• 2026-01-08 Sold (Public Records) $92,000 Public Records
• 2001-10-22 Sold (Public Records) $53,800 Public Records
• 1985-07-01 Sold (Public Records) $7,500 Public Records
• 1982-11-27 Sold (Public Records) $7,500 Public Records

Property tax history

+7.1%/yr

Latest (2025): $564 · +50.4% YoY. Source: county tax records.