$160,000
3 Bed · 1 Bath · 924 Sq Ft
Turnkey single-level rental — leased through May 2026
3
Beds
1
Baths
924
Sq Ft
1960
Built
This compact, updated single-family residence is being offered as a cash-flow-ready opportunity: the home was renovated prior to the current tenancy and is leased at $1,580/month (tenant pays a pet fee) with the lease in place through May 2026. Located at 926 Pheasant Dr in Jacksonville (ZIP 32218), the 924-square-foot layout delivers three bedrooms and one full bath in a single-level plan that’s easy to manage for investors or an owner-occupant who plans to take possession when the lease expires.
The seller refreshed the property before placing the current tenant, addressing the needs of a rental-ready home and improving appeal and durability. At a list price of $160,000 — roughly $173 per square foot — this property sits at an accessible entry point to Jacksonville’s single-family market. The 1960 construction reflects a straightforward, efficient floor plan that maximizes useable space across living areas and bedrooms.
For investors, the immediate rental income and existing lease remove leasing startup time and provide predictable cash flow while the property continues to appreciate with the broader Jacksonville market. For future owner-occupants, the modest footprint keeps maintenance costs lower and offers a practical layout for downsizers or small families. Because the home is tenant-occupied, the listing is currently available for drive-by viewing only; please do not disturb residents. Interested buyers should call the listing agent to schedule a private showing or to request the tenant lease and rent roll.
This offering is well-suited to buyers seeking an approachable price point in Duval County with hands-off income from day one or those wanting a manageable home to personalize once the lease term concludes. The seller-provided renovation work and current tenancy combine to make 926 Pheasant Dr a pragmatic, value-oriented option in Jacksonville’s entry-level single-family segment.
926 Pheasant Dr sits in a residential section of Jacksonville (32218) characterized by modest, established housing and practical access to the city’s employment and service corridors. Residents typically enjoy short drives to grocery shopping, schools, and community amenities, with Jacksonville’s larger recreational and cultural offerings a short commute away. The neighborhood appeals to renters, first-time buyers, and investors seeking lower-entry-price single-family homes in Duval County.
This price band—single-family homes listed under $200,000 in Jacksonville’s 32218 area—remains attractive for investors seeking yield and buyers seeking an affordable entry to homeownership. The listing’s valuation midpoint aligns with local automated estimates at $160,000 and a price-per-square-foot figure of $173, giving you a data-based benchmark for comparisons. With a tenant in place through May 2026 and $1,580/month rent, the property offers immediate gross rental income that is uncommon for comparable turn-key listings.
Broader market conditions in Jacksonville have moderated from the rapid appreciation of previous years; while inventory has increased from historic lows, demand for affordable single-family homes continues to be steady. That dynamic typically favors sellers in the sub-$200K segment because of persistent renter demand and limited supply of fully renovated, turnkey rentals. Estimated-value confidence is moderate (0.65), so buyers should request a current market snapshot from the agent — including recent days-on-market figures, comparable sales, and active inventory counts — to evaluate timing and pricing strategy. For investors, this is a compelling moment to lock in cash flow with an already-occupied asset; for owner-occupants, watch for comparable resale data as the lease expiration approaches to time a purchase and move-in.
Accessible green spaces and community parks are available within a short drive; regional trails, golf courses, and riverfront recreation across Jacksonville expand options for weekend outdoor activities.
Low
$154K
Midpoint
$160K
High
$166K
$173/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
926 Pheasant Dr sits in a residential section of Jacksonville (32218) characterized by modest, established housing and practical access to the city’s employment and service corridors. Residents typically enjoy short drives to grocery shopping, schools, and community amenities, with Jacksonville’s larger recreational and cultural offerings a short commute away. The neighborhood appeals to renters, first-time buyers, and investors seeking lower-entry-price single-family homes in Duval County.
Market data is based on aggregated public records and may not reflect real-time conditions.
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