OFF_MARKETRisky Deal8 days on market

3115 PARENTAL HOME Road

3115 PARENTAL HOME Road, Jacksonville, FL 32216, Jacksonville, FL 32216
$475,000
Zestimate®:$459,500

Listing Price

Property image 1
3115 PARENTAL HOME Road, Jacksonville, FL 32216
Loc: Jacksonville, FL
Days Listed
8
Tax Assessed
$324k
Zestimate®
$460k
Market Rate
Lot Size
2.26 acres
Rent Estimate
$2,656/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Greenfield Elementary School

PK-5
0.5 mi away
3

Southside Middle School

6-8
0.4 mi away
2

Englewood High School

9-12
1.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 4.5/10
Exercise caution due to potential market volatility.
Cap Rate
5.21%
Total ROI
15.7%
Cash Flow
$-339/mo
DSCR
0.86
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Data provided by Haven AI. Disclaimer

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Haven AI

This 4-bedroom property in Jacksonville presents a challenging proposition for a conservative investor. While the price per square foot is reasonable for the market, the monthly cash flow deficit of -$338.86 is a significant concern. A rental yield of 5.21% is insufficient to cover debt service, maintenance, and the rising cost of insurance and taxes in Florida. Relying on a 4% annual appreciation to offset monthly losses is a speculative strategy that violates conservative investment principles. Without a significant down payment to reach cash-neutral status, the property remains a monthly liability rather than an income-generating asset in the current high-interest rate environment.

Strengths
  • Large 2,753 sqft floor plan offers high utility for families
  • Four-bedroom configuration typically sees lower turnover and higher demand
  • Steady 4% projected appreciation aligns with Jacksonville's historical market growth
Considerations
  • Immediate negative monthly cash flow of -$338.86 creates a liquidity drain
  • Rental yield of 5.21% is currently below the cost of mortgage capital
  • Florida's volatile insurance market poses a threat to future expense predictability
  • High entry price relative to income potential necessitates a speculative appreciation play
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-01Listed for sale$475,000$173

Tax History

YearProperty TaxTax Assessment
2024$2,098.57$145,061
2023$2,033.64$140,836
2022$1,856.01$136,734
2021$1,837.93$132,907
2020$1,816.91$131,072
2019$1,791.3$128,126
2018$1,764.14$125,737
2017$1,764.14$123,151
2016$1,737.57$120,379
2015$1,718.39$119,543
2014$1,733.61$118,595
2013$0$116,843
2012$0$120,698
2011$0$119,240
2010$0$117,478
2009$0$114,390
2006$0$108,242
2005$1,487.7$105,089
2004$0$102,028
2003$1,456.79$100,126
2002$0$97,779
2001$0$96,239
2000$0$93,436
1999$0$90,980
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,753
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $475,000Rent Basis: Observed Comp Model ($2,656/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $238/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.90%

NOI: $18,513/yr

Cash-on-Cash Yield
-10.1%

On $109,250 invested

DSCR Ratio
0.63x

Negative debt coverage

5-Yr Leveraged ROI
+43.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$264/mo
Homeowner / Hazard Insurance-$238/mo
Vacancy Reserve (5% of rent)-$133/mo
Repairs & Maintenance (10% of rent)-$266/mo
Property Management (8% of rent)-$212/mo
Total Pure Operating Expenses-$1,113/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,656/mo
Less: Operating Expenses-$1,113/mo
Net Operating Income (NOI)+$1,543/mo
Less: Debt Service (30yr @ 6.75%)-$2,465/mo
Net Cash Flow
$-922/mo
$-11,063/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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