1030 8th St W · Jacksonville, FL 32209

$50,000

3 bd · 2.0 ba · 1,216 sqft · SingleFamily public records · 13 Days on market

Built 2025 3,920 sqft lot

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Brand New Construction Built Home Being Offered At A Great Price. Located On A Corner Lot Just Off Of I-95 North Of Downtown Jacksonville, Near University Of Florida Shands Hospital. Local School just a block away. Great Parks And Recreation Near With Jacksonville's Farmers Market Just A Few Miles Away. This Home Is 90% Completed. Needs Appliances. Being Sold As Is.

Key facts

• 3,920 sq ft lot
• Garage
• Built 2025

Property features AI

Exterior

• Parking: Garage (1 space)
• Utilities: Electricity available; Water available
• Home design: Single family residence; One level
• Construction: Frame construction
• Exterior features: Corner lot

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: No built-in appliances listed

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $630 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Cap rate 21.4% 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 (+1.8%/yr); 394 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); lower-income renter base — watch delinquency; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• At $1,170/mo this rent would consume 46% of the median local household income ($31k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $346 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 1.8% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $16k; list at $50k implies a 223% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $50,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 2.34% ✓
• Cap rate: 21.40%
• Cash-on-cash: 53.97%
• DSCR: 3.40
• GRM: 3.6

CMA / ARV

• ARV (on-the-fly): $182,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1157 W 10th St	0.24mi	3/1.0	1,214 (-0%)	5mo	$157,900	$130	80
1350 McConihe St	0.41mi	3/2.0	1,253 (+3%)	1mo	$190,000	$152	75
1327 7th St W	0.38mi	3/2.0	1,152 (-5%)	2mo	$215,017	$187	72
1318 W 5th St	0.44mi	3/1.0	1,224 (+1%)	3mo	$52,500	$43	72
1058 W 17th St	0.46mi	3/2.0	1,182 (-3%)	3mo	$200,000	$169	71
1215 Grothe St	0.34mi	4/2.0 (+1)	1,148 (-6%)	6mo	$215,017	$187	64
1314 Rushing St	0.74mi	3/2.0	1,147 (-6%)	4mo	$183,000	$160	53
1482 W 7th St	0.55mi	3/1.0	1,325 (+9%)	6mo	$17,500	$13	50
1404 W 18th St	0.68mi	3/1.0	1,120 (-8%)	2mo	$80,000	$71	49
1478 W 11th St	0.56mi	4/2.0 (+1)	1,360 (+12%)	2mo	$152,000	$112	48
1428 Barnett St	0.52mi	3/2.0	1,050 (-14%)	6mo	$158,000	$150	48
1534 W 7th St	0.63mi	4/2.0 (+1)	1,323 (+9%)	5mo	$62,000	$47	47

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: 50.8%
• Equity multiple: 3.19×
• Total profit: $30,601
• Equity at exit: $7,455

10-year hold

• IRR: 55.7%
• Equity multiple: 6.19×
• Total profit: $72,682
• Equity at exit: $4,323

Cash invested: $14,000 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 394
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,170 high
• Mortgage (P&I): −$262
• Tax from tax record: −$12 /mo · $140/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $630

Break-even live

Break-even rent $373

Max offer price $50,000

Occupancy floor 41%

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1024 8th St W Jacksonville, FL	2.0	1.0	816	$950	$1.16	23d	1	0.01mi
1046 W 8th St Jacksonville, FL	2.0	1.0	750	$900	$1.20	23d	1	0.03mi
1785 Mount Herman St Unit 1787 Jacksonville, FL	2.0	1.0	750	$900	$1.20	23d	1	0.04mi
1823 Francis St Jacksonville, FL	2.0	1.0	803	$975	$1.21	23d	1	0.06mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	23d	1	0.29mi
2313 Janette St Jacksonville, FL	4.0	2.0	1148	$1,349	$1.18	16d	1	0.32mi
2314 Teal St Jacksonville, FL	2.0	1.0	750	$1,150	$1.53	23d	1	0.35mi
2324 Moncrief Rd Unit 2324 Jacksonville, FL	2.0	1.0	900	$900	$1.00	23d	1	0.36mi
1666 Myrtle Ave N Unit 1666 Jacksonville, FL	2.0	1.0	700	$925	$1.32	23d	1	0.37mi
2532 Moncrief Rd Jacksonville, FL	2.0	1.0	700	$900	$1.29	23d	1	0.42mi
1320 Francis St Jacksonville, FL	2.0	2.0	1003	$1,095	$1.09	23d	1	0.43mi
1464 N Myrtle Ave Jacksonville, FL	2.0	1.0	1136	$1,400	$1.23	23d	1	0.45mi
1230 W 3rd St Jacksonville, FL	2.0	1.0	750	$950	$1.27	23d	3	0.50mi
1355 Grothe St Jacksonville, FL	4.0	1.0	1312	$1,350	$1.03	17d	1	0.50mi
1460 W 5th St Unit 1 Jacksonville, FL	2.0	1.0	700	$850	$1.21	12d	1	0.58mi
2904 Moncrief Rd Jacksonville, FL	3.0	1.0	952	$1,100	$1.16	23d	1	0.59mi
2811 Venus St Jacksonville, FL	2.0	1.0	830	$1,087	$1.31	4d	1	0.60mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	23d	1	0.61mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	4d	1	0.61mi
1358 Prince St Jacksonville, FL	3.0	3.5	1044	$1,350	$1.29	21d	1	0.63mi
1358 Prince St Jacksonville, FL	3.0	2.5	1044	$1,350	$1.29	23d	1	0.63mi
2817 Mars Ave Jacksonville, FL	2.0	1.0	945	$975	$1.03	21d	1	0.63mi
1504 Perry St Jacksonville, FL	2.0	1.0	800	$1,275	$1.59	14d	1	0.63mi
1376 Prince St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	7d	1	0.63mi
2811 N Myrtle Ave #1 Jacksonville, FL	2.0	2.0	855	$1,121	$1.31	4d	1	0.63mi
1437 Prince St Unit 1437 Jacksonville, FL	2.0	1.0	700	$1,120	$1.60	23d	1	0.65mi
1537 W 7th St Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	7d	1	0.65mi
1537 7th St W Unit B Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	23d	1	0.65mi
1538 Ella St Unit 1 Jacksonville, FL	2.0	1.0	700	$1,100	$1.57	23d	1	0.65mi
610 W 18th St Unit 2 Jacksonville, FL	2.0	1.0	750	$825	$1.10	2d	1	0.67mi
610 W 18th St Unit 1 Jacksonville, FL	2.0	1.0	750	$825	$1.10	23d	1	0.67mi
503 W 16th St Jacksonville, FL	4.0	1.5	1216	$1,420	$1.17	23d	1	0.68mi
1570 Mc Conihe St Unit B Jacksonville, FL	2.0	1.0	714	$875	$1.23	23d	1	0.70mi
231 W 10th St Jacksonville, FL	3.0	1.0	1200	$1,500	$1.25	23d	1	0.75mi
1525 W 15th St Jacksonville, FL	3.0	1.0	1100	$1,245	$1.13	23d	1	0.76mi
1185 W 22nd St Unit U Jacksonville, FL	2.0	1.0	900	$850	$0.94	7d	1	0.76mi
1018 W 23rd St Jacksonville, FL	3.0	2.5	1161	$1,600	$1.38	23d	1	0.77mi
1359 W 20th St Jacksonville, FL	2.0	1.0	901	$1,134	$1.26	17d	1	0.77mi
1410 W 20th St Jacksonville, FL	3.0	2.0	1170	$1,485	$1.27	14d	1	0.77mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,095	$1.02	21d	1	0.78mi

Listing history 10 events

1. 2026-06-18
   days on market $50,000 Active 13 DOM
2. 2026-06-17
   days on market $50,000 Active 12 DOM
3. 2026-06-16
   days on market $50,000 Active 11 DOM
4. 2026-06-15
   days on market $50,000 Active 10 DOM
5. 2026-06-13
   days on market $50,000 Active 8 DOM
6. 2026-06-13
   days on market $50,000 Active 7 DOM
7. 2026-06-09
   days on market $50,000 Active 4 DOM
8. 2026-06-08
   days on market $50,000 Active 3 DOM
9. 2026-06-07
   remarks 535-char remark
10. 2026-06-07
    listed $50,000 Active 2 DOM

ⓘ 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: $140 · $12/mo
• Projected year-2 tax: $415 · $35/mo
• Expected delta: +$275/yr (+$23/mo · 195.9%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,041
• − Mortgage interest: −$2,801
• − Property taxes: −$140
• − Insurance: −$250
• − Repairs & maintenance: −$1,123
• − Management: −$1,123
• − Depreciation: −$1,455
• Taxable income: $7,149
• Est. tax owed @ 24.0%: −$1,716
• After-tax cash flow: $5,840/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): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

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: Predominantly Black (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 1%

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: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• 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

+194.1% since first listed

12 events — show timeline

• 2026-06-04 Listed $50,000 realMLS
• 2026-05-08 Listed $5,000 NFMLS
• 2024-07-19 Relisted — realMLS
• 2024-06-18 Pending — realMLS
• 2024-06-18 Listing Removed — realMLS
• 2024-06-11 Relisted — realMLS
• 2024-06-11 Price Changed $155,000 realMLS
• 2024-06-02 Pending — realMLS
• 2024-04-19 Price Changed $172,500 realMLS
• 2024-02-19 Listed $180,000 realMLS
• 1999-01-21 Sold (Public Records) $15,500 Public Records
• 1990-08-01 Sold (Public Records) $17,000 Public Records

Property tax history

+9.8%/yr

Latest (2025): $140 · -15.0% YoY. Source: county tax records.