Estimated market value
$160,000
Low $153,600 · Midpoint $160,000 · High $166,400
Confidence65%Sales comparison approach
CompCasa estimate$160,000Current analysis
$153,600$160,000 midpoint$166,400
Price / sq ft$173
Derived from Redfin listing LD+JSON
About the property
Renovated Tenant-Occupied 3BR Investment Close to Jacksonville Nodes
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.
Location & nearby
Jacksonville, FL
Researched nearby locations
⌖Nearby parks and green spaces (local options within short drive)
⌖Golf courses and waterfront recreation accessible within a short drive
Location
926 Pheasant Dr, Jacksonville, FL, 32218
Editorial neighborhood context
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.
Nearby access summary
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.
Market context
A factual market snapshot around 926 Pheasant Dr.
Editorial market perspective
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.
Highlights & features
What stands out about this property.
01Move-in ready condition at time of tenant occupancy
02Recently renovated prior to current tenant placement
03Currently leased at $1,580/month (includes pet fee)
04Lease term runs through May 2026 — immediate rental income
05Offered at $160,000 (~$173/sqft)
Interior Features
- 3 bedrooms, 1 full bathroom
- 924 square feet of single-level living
- Renovated prior to current tenancy
- Efficient, workmanlike floor plan
- Tenant-occupied with active lease through May 2026
Exterior & Lot
- 1960-built single-family dwelling
- Modest, low-maintenance lot (lot size not listed)
- Drive-by viewing requested — do not disturb tenant
Location & Neighborhood
- Jacksonville, FL — ZIP Code 32218
- Duval County location
- Convenient access to Jacksonville-area amenities and employment corridors (confirm specific commute routes with agent)
Walkability & Recreation
- Walkability Rating: 35/100 — Car-Dependent
- Nearby parks and green spaces (local options within short drive)
- Hiking and biking routes and community recreational facilities available within the greater Jacksonville area
- Golf courses and waterfront recreation accessible within a short drive