34 La Main Ct · Jacksonville, FL 32204

$124,900

2 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 97 Days on market

Built 1914 5,662 sqft lot Est $92k · 36% over

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.0/30.0
• DSCR +6.7/10.0
• 1% rule +4.9/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

* * Tenant Occupied, DO NOT TRESPASS * * Nicely renovated 3/2 conveniently located to downtown and i95 providing easy access around the city! Recently updated with new paint and LVP flooring throughout the bedroom and living areas.

Key facts

• Easy access
• Renovated
• New paint

Tags

• RENOVATED
• CONVENIENTLY LOCATED
• EASY ACCESS
• NEW PAINT
• LVP FLOORING

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking; Other parking
• Utilities: Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single-family residence; Used as a residential single-family home
• Construction: Wood siding
• Exterior features: Chain link fencing; City street frontage; Asphalt road

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Central heating and central air conditioning; Cable available
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $176 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (0.9% below list).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 4.0% in Jacksonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#50 in FL, #911 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Duval (urban): math 46% / reading 45% proficiency, ranked #48 of 73 in FL (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.7%/yr); 75 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1914 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,659 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.99% ✗
• Cap rate: 7.98%
• Cash-on-cash: 6.03%
• DSCR: 1.27
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $91,504
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
40 W 11th St	0.21mi	2/1.0	1,196 (+12%)	3mo	$295,000	$247	67
230 E 19th St	0.35mi	3/2.0 (+1)	1,042 (-2%)	7mo	$90,000	$86	65
3032 Laura St N	0.28mi	3/1.0 (+1)	1,150 (+8%)	4mo	$70,000	$61	65
522 W 21st St	0.51mi	3/2.0 (+1)	1,045 (-2%)	6mo	$58,500	$56	60
2822 Flanders St #8-19	0.52mi	2/1.0	983 (-8%)	5mo	$58,000	$59	59
321 W 24th St	0.50mi	3/1.0 (+1)	1,110 (+4%)	7mo	$95,000	$86	59
258 Ravine St	0.50mi	3/1.5 (+1)	1,132 (+6%)	6mo	$149,500	$132	54
334 Birch St	0.67mi	3/1.0 (+1)	1,008 (-5%)	4mo	$50,000	$50	52
2830 Saturn Ave	0.60mi	3/1.0 (+1)	960 (-10%)	2mo	$72,000	$75	50
419 Springfield Ct N	0.53mi	3/1.0 (+1)	1,181 (+11%)	6mo	$160,000	$135	47
228 E 25th St	0.52mi	3/1.0 (+1)	1,187 (+12%)	7mo	$125,000	$105	46
2727 N N Davis Rd St	0.74mi	3/1.0 (+1)	904 (-15%)	1mo	$78,000	$86	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.69% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.80×
• Total profit: $-6,934
• Equity at exit: $18,623

10-year hold

• IRR: 6.2%
• Equity multiple: 1.50×
• Total profit: $17,374
• Equity at exit: $10,799

Cash invested: $34,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32204

• Home prices YoY: -28.2%
• Rents YoY: 4.7%
• Active inventory: 75
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,237 high
• Mortgage (P&I): −$655
• Tax from tax record: −$95 /mo · $1,137/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $176

Break-even live

Break-even rent $1,015

Max offer price $124,900

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
112 E 17th St Unit 1 Jacksonville, FL	1.0	1.0	700	$800	$1.14	24d	1	0.20mi
2063 N Laura St Jacksonville, FL	2.0	1.0	900	$1,250	$1.39	24d	1	0.21mi
2906 Silver St Unit 01 Jacksonville, FL	2.0	1.0	840	$895	$1.07	24d	1	0.24mi
2040 N Laura St Jacksonville, FL	2.0	1.5	1300	$1,498	$1.15	24d	1	0.25mi
3020 N Laura St Jacksonville, FL	3.0	1.0	1162	$1,300	$1.12	24d	1	0.26mi
2025 N Laura St Jacksonville, FL	2.0	1.0	1000	$1,195	$1.20	4d	1	0.27mi
203 E 17th St #1 Jacksonville, FL	1.0	1.0	943	$847	$0.90	24d	1	0.29mi
231 W 10th St Unit 229 Jacksonville, FL	1.0	1.0	900	$1,150	$1.28	24d	1	0.32mi
231 W 10th St Jacksonville, FL	3.0	1.0	1200	$1,500	$1.25	24d	1	0.32mi
229 W 10th St Jacksonville, FL	1.0	1.0	900	$1,150	$1.28	24d	1	0.32mi
34 W 23rd St Jacksonville, FL	3.0	1.5	962	$1,400	$1.46	24d	1	0.36mi
134 W 23rd St Jacksonville, FL	2.0	1.0	768	$1,050	$1.37	24d	1	0.37mi
204 W 23rd St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	2d	1	0.38mi
318 E 19th St Jacksonville, FL	2.0	1.0	1096	$895	$0.82	24d	1	0.42mi
2514 Walnut St Unit 2520 Jacksonville, FL	2.0	1.0	1119	$1,100	$0.98	24d	1	0.43mi
517 W 18th St Unit 3 Jacksonville, FL	1.0	1.0	1150	$995	$0.87	4d	1	0.43mi
55 E 9th St Jacksonville, FL	3.0	1.5	1246	$1,675	$1.34	15d	1	0.43mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,095	$1.02	21d	1	0.45mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,075	$1.00	14d	1	0.45mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,095	$1.02	21d	1	0.45mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,075	$1.00	4d	1	0.45mi
347 W 23rd St Jacksonville, FL	3.0	1.5	1176	$1,112	$0.95	8d	1	0.46mi
522 W 21st St Jacksonville, FL	3.0	2.0	1045	$1,350	$1.29	24d	1	0.49mi
610 W 18th St Unit 2 Jacksonville, FL	2.0	1.0	750	$825	$1.10	2d	1	0.50mi
610 W 18th St Unit 1 Jacksonville, FL	2.0	1.0	750	$825	$1.10	24d	1	0.50mi
435 Springfield Ct N Jacksonville, FL	2.0	1.0	950	$1,100	$1.16	24d	1	0.56mi
539 W 23rd St #3 Jacksonville, FL	1.0	1.0	795	$775	$0.97	24d	1	0.57mi
1926 Walnut St Jacksonville, FL	3.0	2.0	1338	$1,418	$1.06	15d	1	0.59mi
11 E 7th St Unit 1 Jacksonville, FL	2.0	1.0	900	$1,150	$1.28	24d	1	0.59mi
528 W 25th St Jacksonville, FL	2.0	1.0	944	$1,100	$1.17	24d	1	0.60mi
3728 Silver St Jacksonville, FL	2.0	1.0	916	$1,100	$1.20	24d	1	0.60mi
118 W 28th St Jacksonville, FL	3.0	2.0	1332	$1,250	$0.94	24d	1	0.60mi
154 W 28th St Jacksonville, FL	2.0	2.0	818	$1,138	$1.39	17d	1	0.62mi
2817 Mars Ave Jacksonville, FL	2.0	1.0	945	$975	$1.03	21d	1	0.64mi
3730 Lehigh St Unit 3730 Jacksonville, FL	2.0	1.0	850	$900	$1.06	15d	1	0.65mi
3732 Lehigh St Jacksonville, FL	2.0	1.0	850	$900	$1.06	15d	1	0.65mi
2811 Venus St Jacksonville, FL	2.0	1.0	830	$1,087	$1.31	4d	1	0.69mi
1010 E 13th St Jacksonville, FL	3.0	2.0	1220	$1,275	$1.05	14d	1	0.73mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	4d	1	0.76mi
1736 Ionia St Jacksonville, FL	2.0	1.0	1036	$1,650	$1.59	17d	1	0.77mi

Listing history 17 events

1. 2026-06-18
   days on market $124,900 Active 97 DOM
2. 2026-06-17
   days on market $124,900 Active 96 DOM
3. 2026-06-16
   days on market $124,900 Active 95 DOM
4. 2026-06-15
   days on market $124,900 Active 94 DOM
5. 2026-06-13
   days on market $124,900 Active 91 DOM
6. 2026-06-10
   days on market $124,900 Active 88 DOM
7. 2026-06-08
   days on market $124,900 Active 87 DOM
8. 2026-06-07
   days on market $124,900 Active 86 DOM
9. 2026-06-03
   days on market $124,900 Active 82 DOM
10. 2026-06-02
    days on market $124,900 Active 81 DOM
11. 2026-06-01
    days on market $124,900 Active 80 DOM
12. 2026-05-31
    days on market $124,900 Active 79 DOM
13. 2026-03-13
    listed $124,900 Active
14. 2022-05-06
    soldstatus $125,000
15. 2006-12-20
    soldstatus $13,000
16. 2002-03-21
    soldstatus $12,000
17. 2000-09-25
    soldstatus $18,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,137 · $95/mo
• Projected year-2 tax: $1,137 · $95/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,846
• − Mortgage interest: −$6,996
• − Property taxes: −$1,137
• − Insurance: −$624
• − Repairs & maintenance: −$1,188
• − Management: −$1,188
• − Depreciation: −$3,633
• Taxable income: $80
• Est. tax owed @ 24.0%: −$19
• After-tax cash flow: $2,088/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Duval
• NCES district ID: 1200480
• Math proficiency: 46% ▼ -11.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,987
• Composite: 38.97/100
• National rank: #4076
• State rank: #48 of 73 in FL

Livability — Jacksonville

• Score: 83/100
• State rank: #50
• US rank: #911

Category grades

Amenities A+ Commute A+ Cost of living A Crime C Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, FL
• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 9,151
• Household income: $65,063
• Rent vs Own: 71.5% rent · 28.5% own
• Severe rent burden: 866.0

Population outlook (Duval County) Hauer SSP2

• Today (2025): 1,013,010 people
• By 2030: 1,059,228 · +4.6%
• By 2040: 1,141,439 · +12.7%
• By 2050: 1,205,258 · +19.0%
• By 2075: 1,324,282 · +30.7%
• By 2100: 1,319,620 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 55% Black 30% Hispanic / Latino 6% Asian 6% Two or more races 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 1%
• Foreign-born: 7% · China, Canada, Philippines
• Languages at home: 92% English-only · Spanish 3% Chinese 2% Other Asian/Pacific 2%

Political lean MEDSL · Duval

• 2024 margin: Toss-up / Even · D 48.7% · R 50.1% · Other 1.2%
• 2008→2024 swing: +0.4pp no change · 2008: -1.9pp · 2024: -1.5pp
• All cycles: 2024: R+1.5 2020: D+3.8 2016: R+1.5 2012: R+3.6 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -123.96%
• Current HPI: 316.3185
• Rent YoY: ▲ 4.69%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+593.9% since first listed

5 events — show timeline

• 2026-03-13 Listed $124,900 realMLS
• 2022-05-06 Sold (Public Records) $125,000 Public Records
• 2006-12-20 Sold (Public Records) $13,000 Public Records
• 2002-03-21 Sold (Public Records) $12,000 Public Records
• 2000-09-25 Sold (Public Records) $18,000 Public Records

Property tax history

+18.2%/yr

Latest (2025): $1,137 · +26.6% YoY. Source: county tax records.