16301 DOWING CREEK Drive
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Nearby Schools
Educational options and performance ratings in the area.
Oceanway Elementary School
Oceanway School
First Coast High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
While the 6.15% rental yield appears attractive for the Jacksonville market, the projected monthly cash flow of $31.07 is dangerously thin for a property priced at $465,000. This margin leaves zero room for error; a single HVAC repair, plumbing issue, or one month of vacancy would result in a net annual loss. For a 2,942 sqft single-family home, maintenance costs are typically higher, and this break-even status suggests the investor is solely reliant on the 4% annual appreciation. From a conservative standpoint, the lack of operational liquidity makes this an appreciation-only play with significant cash-call risk, which is generally unsuitable for cash-flow-focused portfolios.
- • High rental yield of 6.15% indicates strong gross revenue potential
- • Large 4-bed, 3-bath footprint is desirable for long-term family tenants
- • Jacksonville remains a steady growth market with 4% expected appreciation
- • Critically low monthly cash flow of $31.07 provides no margin for CapEx or vacancy
- • Large square footage (2,942) increases potential maintenance and turnover costs
- • High sensitivity to interest rate fluctuations and insurance premium hikes in Florida
- • Investment lacks defensive qualities in a high-interest-rate environment
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-02 | Listed for sale | $465,000 | $158 |
| 2025-11-07 | Listing removed | $448,000 | $152 |
| 2025-09-25 | Price change | $448,000 | $152 |
| 2025-08-30 | Listed for sale | $449,000 | $153 |
| 2023-09-28 | Sold | $408,000 | $139 |
| 2023-09-26 | Pending sale | $450,000 | $153 |
| 2023-09-15 | Listed for sale | $450,000 | $153 |
| 2023-09-15 | Listing removed | $0 | – |
| 2023-07-25 | Price change | $469,000 | $159 |
| 2023-07-21 | Price change | $510,000 | $173 |
| 2023-07-03 | Listed for sale | $519,999 | $177 |
| 2011-05-19 | Sold | $205,000 | $70 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $7,896.02 | $377,838 |
| 2023 | $1,853.88 | $270,587 |
| 2022 | $1,756.15 | $215,792 |
| 2021 | $1,642.83 | $209,507 |
| 2020 | $1,547.08 | $206,615 |
| 2019 | $4,318.77 | $201,970 |
| 2018 | $4,278.45 | $198,205 |
| 2017 | $4,278.45 | $194,129 |
| 2016 | $4,179.86 | $190,137 |
| 2015 | $4,161.68 | $188,816 |
| 2014 | $4,197.42 | $187,318 |
| 2013 | $0 | $184,550 |
| 2012 | $0 | $181,466 |
| 2011 | $0 | $190,527 |
| 2010 | $0 | $15,000 |
| 2009 | $0 | $15,000 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $20,796/yr
On $106,950 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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