9251 SPIDER LILY Lane
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Dinsmore Elementary School
Highlands Middle School
Jean Ribault 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
This property presents a significant challenge for a conservative investor due to its negative monthly cash flow of -$185.47. While the 4-bedroom, 2,075 sqft configuration is ideal for long-term family tenants in the growing Jacksonville market, the current financials are imbalanced. A 5.37% rental yield is insufficient to cover debt service, property taxes, and the rising cost of homeowners insurance in Florida. Relying solely on a 4% appreciation rate to offset monthly losses is a speculative strategy rather than a fundamental income-driven investment. Without a significant price reduction or a much larger down payment to eliminate the 'alligator' cash drain, this asset remains a liability to portfolio liquidity.
- • Desirable 4-bedroom layout attracts stable, long-term family tenants
- • Competitive price point of approximately $155 per square foot
- • Located in Jacksonville, a market with consistent population and job growth
- • Moderate 4% projected annual appreciation provides a hedge against inflation
- • Negative monthly cash flow requires the investor to subsidize the property
- • Rental yield of 5.37% is below the threshold for positive leverage in the current interest rate environment
- • Increasingly volatile Florida insurance market poses a threat to future operating expenses
- • Total return is overly dependent on appreciation rather than realized rental income
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-24 | Listed for sale | $322,000 | $155 |
| 2023-03-09 | Sold | $335,900 | $162 |
| 2023-02-06 | Pending sale | $335,900 | $162 |
| 2023-01-25 | Price change | $335,900 | $162 |
| 2023-01-04 | Price change | $339,900 | $164 |
| 2022-12-13 | Price change | $344,900 | $166 |
| 2022-11-28 | Price change | $345,900 | $167 |
| 2022-11-02 | Listed for sale | $349,900 | $169 |
| 2021-03-10 | Sold | $255,000 | $123 |
| 2021-01-15 | Pending sale | $255,000 | $123 |
| 2021-01-14 | Listing removed | $0 | – |
| 2020-12-22 | Pending sale | $255,000 | $123 |
| 2020-12-15 | Listed for sale | $255,000 | $123 |
| 2020-12-09 | Sold | $223,300 | $108 |
| 2013-03-11 | Sold | $139,900 | $67 |
| 2013-01-23 | Listed for sale | $159,900 | $77 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $4,537.46 | $284,266 |
| 2023 | $3,826.98 | $243,384 |
| 2022 | $3,503.56 | $236,296 |
| 2021 | $3,453.48 | $186,259 |
| 2020 | $1,767.59 | $130,998 |
| 2019 | $1,733.47 | $127,576 |
| 2018 | $1,706.44 | $125,198 |
| 2017 | $1,706.44 | $122,623 |
| 2016 | $1,679.94 | $120,101 |
| 2015 | $1,665.23 | $119,267 |
| 2014 | $1,680.41 | $118,321 |
| 2013 | $0 | $125,812 |
| 2012 | $0 | $130,243 |
| 2011 | $0 | $149,681 |
| 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: $14,039/yr
On $74,060 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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