15255 Molitor Way · Jacksonville, FL 32218

$274,888

3 bd · 2.5 ba · 1,566 sqft · SingleFamily · 111 Days on market

Built 2026 Est $309k · 11% under ↓ 2% since listing

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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 +12.4/15.0
• Cash flow +10.9/30.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• 1% rule +3.2/10.0
• DSCR +3.2/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

Key facts

• Quartz countertops
• Owner's suite
• Open concept layout

Tags

• OPEN CONCEPT LAYOUT
• WHITE SHAKER CABINETS
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• VERSATILE LOFT
• OWNER'S SUITE

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $1,100; Not a senior community

Exterior

• Parking: 2-car garage with garage door opener
• Security: Carbon monoxide detector(s); Smoke detector(s)
• Utilities: Public sewer; Water available; Electricity available; Cable available; Energy-efficient windows
• Home design: Single family residence; Two levels; Residential use
• Construction: Vinyl siding construction; Shingle roof
• Exterior features: Shingle roof; Vinyl siding; Porch; Carbon monoxide detector(s); Smoke detector(s)

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Bedrooms: 3 bedrooms (upper level for bedrooms listed)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Open floor plan; Walk-in closet(s); Porch
• Laundry & utility: Washer hookup; Electric dryer hookup (upper level)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-121 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $257k (6.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (18.1% below list).
• Recommended offer: $225k (18.1% below list) — sets the bar for 1% rule.
• Cap rate 5.8% 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 soft (-0.4%/yr); 728 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 39% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• 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 111 days — a 9% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $27k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $225,183 (18.1% 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 111 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
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. 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: 0.82% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.88%
• DSCR: 0.92
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $308,502
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15250 Molitor Way	0.02mi	3/2.5	1,566 (0%)	1mo	$308,990	$197	98
128 Chipco Ct	0.03mi	3/2.5	1,566 (0%)	2mo	$304,990	$195	97
15260 McMaster Dr	0.04mi	3/2.5	1,566 (0%)	3mo	$273,888	$175	96
15236 McMaster Dr	0.03mi	3/2.5	1,566 (0%)	4mo	$269,888	$172	95
15272 McMaster Dr	0.06mi	3/2.5	1,566 (0%)	4mo	$271,888	$174	94
15267 Mcmaster Dr	0.03mi	3/2.5	1,578 (+1%)	7mo	$291,990	$185	91
15226 Robert Ave	0.02mi	4/2.0 (+1)	1,668 (+6%)	6mo	$299,000	$179	76
14882 MacAdamia Ln	0.66mi	4/2.0 (+1)	1,533 (-2%)	6mo	$308,344	$201	54
14861 Praline Ct	0.64mi	4/2.0 (+1)	1,533 (-2%)	7mo	$314,990	$205	54
14857 Praline Ct	0.66mi	4/2.0 (+1)	1,533 (-2%)	7mo	$334,990	$219	53
14844 MacAdamia Ln	0.73mi	4/2.0 (+1)	1,533 (-2%)	4mo	$329,990	$215	52
14852 MacAdamia Ln	0.71mi	4/2.0 (+1)	1,533 (-2%)	5mo	$319,990	$209	52

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -22.8%
• Equity multiple: 0.24×
• Total profit: $-58,799
• Equity at exit: $40,987

10-year hold

• IRR: -27.6%
• Equity multiple: -0.12×
• Total profit: $-86,469
• Equity at exit: $23,767

Cash invested: $76,969 (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 32218

• Home prices YoY: -25.7%
• Rents YoY: -0.4%
• Active inventory: 728
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,252 high
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,123/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$473
• Net cashflow: $-121

Break-even live

Break-even rent $2,405

Max offer price $257,416

Occupancy floor —

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: $68,722
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15584 Moss Hollow Dr Jacksonville, FL	3.0	2.0	1789	$950	$0.53	23d	1	0.39mi
15670 Coulter Ct Jacksonville, FL	4.0	3.0	2128	$2,300	$1.08	23d	1	0.45mi
15662 Chir Pine Dr Jacksonville, FL	4.0	2.0	1913	$2,350	$1.23	4d	1	0.45mi
302 Bernard Rd Jacksonville, FL	2.0	2.0	2000	$1,950	$0.97	23d	1	0.61mi
14884 Praline Ct Jacksonville, FL	4.0	2.5	2180	$2,300	$1.06	10d	1	0.63mi
111 Brazil Nut Cir Jacksonville, FL	3.0	2.5	1560	$2,200	$1.41	7d	1	0.73mi
14522 Macadamia Ln Jacksonville, FL	3.0	2.5	1556	$2,300	$1.48	23d	1	0.85mi
14757 Cashew Ave Jacksonville, FL	3.0	2.0	1519	$2,100	$1.38	14d	1	0.86mi
14742 Cashew Ave Jacksonville, FL	4.0	2.5	2103	$3,200	$1.52	23d	1	0.90mi
14695 Macadamia Ln Jacksonville, FL	4.0	3.0	2009	$2,400	$1.19	23d	1	0.99mi
14635 Macadamia Ln Jacksonville, FL	3.0	2.0	1857	$2,100	$1.13	23d	1	0.99mi
219 Terrapin Ct Jacksonville, FL	4.0–5.0	2.5–3.0	2307	$2,395	$1.04	2d	2	1.12mi
14416 Gossett St Jacksonville, FL	3.0	2.0	1196	$2,100	$1.76	23d	1	1.20mi
14355 N Main St Jacksonville, FL	1.0–3.0	1.0–2.0	1068	$2,675	$2.50	1d	43	1.33mi
14228 Gossett St Jacksonville, FL	4.0	2.0	1759	$1,948	$1.11	23d	1	1.42mi
15803 Douglas Lake Dr Jacksonville, FL	4.0	2.0	1857	$2,056	$1.11	7d	1	1.47mi

Listing history 23 events

1. 2026-06-18
   days on marketlisting id $274,888 Active 111 DOM
2. 2026-06-18
   days on marketlisting id $274,888 Active 63 DOM
3. 2026-06-18
   days on market $274,888 Active 112 DOM
4. 2026-06-17
   days on market $274,888 Active 111 DOM
5. 2026-06-16
   days on market $274,888 Active 110 DOM
6. 2026-06-15
   days on market $274,888 Active 109 DOM
7. 2026-06-10
   days on market $274,888 Active 103 DOM
8. 2026-06-08
   days on market $274,888 Active 102 DOM
9. 2026-06-07
   days on market $274,888 Active 101 DOM
10. 2026-06-03
    days on market $274,888 Active 97 DOM
11. 2026-06-02
    pricedays on market $274,888 Active 96 DOM
12. 2026-06-01
    days on market $279,888 Active 95 DOM
13. 2026-05-31
    days on market $279,888 Active 94 DOM
14. 2026-05-06
    price $299,990 940-char remark

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

15. 2026-05-06
    price $301,990 940-char remark

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

16. 2026-05-06
    price $299,990 940-char remark

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

17. 2026-05-05
    price $299,990 793-char remark

    Show marketing remark (793 chars)

    Discover Your Dream Home in the Park Grove Community! Welcome to the Auburn Plan where modern design meets comfort. This elegant 2-story home features a flowing open layout that connects a spacious kitchen, sophisticated great room, and inviting dining area. The kitchen is a culinary haven with stylish cabinetry, quartz countertops, and stainless steel appliances, including a range, microwave, and dishwasher. The first floor also includes a convenient powder room. Upstairs, enjoy a tranquil primary suite with a private bath featuring dual vanity sinks and a large loft perfect for relaxation or entertaining. A spacious 2-car garage adds functionality. With energy-efficient Low-E insulated dual-pane windows and a 1-year limited home warranty, this home offers style and peace of mind.

18. 2026-05-05
    price $299,990

    Show marketing remark (793 chars)

    Discover Your Dream Home in the Park Grove Community! Welcome to the Auburn Plan where modern design meets comfort. This elegant 2-story home features a flowing open layout that connects a spacious kitchen, sophisticated great room, and inviting dining area. The kitchen is a culinary haven with stylish cabinetry, quartz countertops, and stainless steel appliances, including a range, microwave, and dishwasher. The first floor also includes a convenient powder room. Upstairs, enjoy a tranquil primary suite with a private bath featuring dual vanity sinks and a large loft perfect for relaxation or entertaining. A spacious 2-car garage adds functionality. With energy-efficient Low-E insulated dual-pane windows and a 1-year limited home warranty, this home offers style and peace of mind.

19. 2026-04-16
    listed $301,990 Active 793-char remark

    Show marketing remark (793 chars)

    Discover Your Dream Home in the Park Grove Community! Welcome to the Auburn Plan where modern design meets comfort. This elegant 2-story home features a flowing open layout that connects a spacious kitchen, sophisticated great room, and inviting dining area. The kitchen is a culinary haven with stylish cabinetry, quartz countertops, and stainless steel appliances, including a range, microwave, and dishwasher. The first floor also includes a convenient powder room. Upstairs, enjoy a tranquil primary suite with a private bath featuring dual vanity sinks and a large loft perfect for relaxation or entertaining. A spacious 2-car garage adds functionality. With energy-efficient Low-E insulated dual-pane windows and a 1-year limited home warranty, this home offers style and peace of mind.

20. 2026-04-07
    price $301,990

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

21. 2026-04-07
    price $301,990 940-char remark

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

22. 2026-02-27
    listed $305,990 Active 940-char remark

    Show marketing remark (940 chars)

    Welcome to the Auburn floor plan, a thoughtfully designed two-story home that combines style and functionality. The main floor features a spacious open-concept layout, seamlessly connecting the kitchen, dining, and living areas. The kitchen is designed with white shaker cabinets, quartz countertops, and stainless steel appliances, creating a modern and inviting space to gather. A convenient half bathroom is located on the main floor for guests. Upstairs, a versatile loft offers the perfect spot for a media area, home office, or additional lounge space. Three bedrooms provide comfort and privacy, including a spacious owner's suite with an ensuite bathroom featuring dual sinks and a walk-in closet. A second full bathroom and a conveniently located laundry room complete the upper level, adding ease to your daily routine. The Auburn plan delivers the ideal balance of open living and private retreats, perfect for today's lifestyle.

23. 2026-02-26
    listed $305,990 Active

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

Taxation est. · year 1

• Rental income: $27,022
• − Mortgage interest: −$15,398
• − Property taxes: −$4,123
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,162
• − Management: −$2,162
• − Depreciation: −$7,997
• Taxable loss: −$6,194
• Est. tax savings @ 24.0%: +$1,487
• After-tax cash flow: $38/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): 72,905
• Household income: $69,638
• Rent vs Own: 32.7% rent · 67.3% own
• Severe rent burden: 2289.0

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 0.64)
• Race & ethnicity: Black 48% White 35% Hispanic / Latino 9% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 6% · Canada, Jamaica, Vietnam
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 1% 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: ▼ -90.73%
• Current HPI: 262.2329
• Rent YoY: ▼ -0.40%
• 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

-2.0% since first listed

10 events — show timeline

• 2026-05-06 Price Changed $299,990 Zillow
• 2026-05-06 Price Changed $301,990 Zillow
• 2026-05-06 Price Changed $299,990 Zillow
• 2026-05-05 Price Changed $299,990 AINCAR
• 2026-05-05 Price Changed $299,990 realMLS
• 2026-04-16 Listed $301,990 AINCAR
• 2026-04-07 Price Changed $301,990 realMLS
• 2026-04-07 Price Changed $301,990 Zillow
• 2026-02-27 Listed $305,990 Zillow
• 2026-02-26 Listed $305,990 realMLS