1519 W 6th St · Jacksonville, FL 32209

$105,000

3 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 177 Days on market

Built 1926 4,356 sqft lot Est $112k · 6% under

---

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 +26.1/30.0
• ARV discount +10.2/15.0
• DSCR +8.8/10.0
• 1% rule +6.6/10.0
• 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

Handyman Special. Great Opportunity to fixup and rent or flip.

Key facts

• Central location
• 4,356 sq ft lot
• Built 1926

Tags

• ESTABLISHED NEIGHBORHOOD
• CENTRAL LOCATION
• GENERATE RENTAL INCOME
• POTENTIAL FOR UPGRADES

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking; On-street parking
• Utilities: Public sewer; Electricity connected; Sewer connected; Water connected
• Home design: Single-family residence; One level (entry level: 1)
• Construction: Frame construction; Shingle roof
• Exterior features: Front porch; Chain link fencing; City street frontage on asphalt road

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Eat-in kitchen; Primary bathroom with tub and shower; Partially furnished
• Laundry & utility: In-unit laundry with washer hookup and electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.3% 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 $1,219/mo this rent would consume 48% 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 $726 of loan paydown is wiped out by about $3k 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 177 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 23y ago; this cycle's ask is 18% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
• 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 $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 177 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — 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. 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.
7. 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.
8. 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: 1.16% ✓
• Cap rate: 9.32%
• Cash-on-cash: 10.82%
• DSCR: 1.48
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $111,725
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1519 8th St W	0.20mi	3/1.0	996 (-3%)	0mo	$20,000	$20	86
1550 W 2nd St	0.29mi	3/2.0	972 (-5%)	2mo	$123,500	$127	72
1116 Fairfax St	0.49mi	3/1.0	1,000 (-2%)	2mo	$173,017	$173	71
1731 W 12th St	0.53mi	2/1.0 (-1)	1,026 (+0%)	4mo	$40,000	$39	67
1725 Seminary St	0.58mi	3/1.0	996 (-3%)	3mo	$88,000	$88	66
1314 Rushing St	0.20mi	3/2.0	1,147 (+12%)	4mo	$183,000	$160	64
1480 N Myrtle Ave N	0.27mi	2/1.0 (-1)	916 (-11%)	2mo	$60,000	$66	63
1327 7th St W	0.25mi	3/2.0	1,152 (+12%)	2mo	$215,017	$187	62
1783 W 10th St	0.50mi	3/2.0	1,084 (+6%)	3mo	$211,020	$195	60
1526 W 14th St	0.53mi	3/1.0	916 (-11%)	3mo	$95,000	$104	56
1404 W 18th St	0.72mi	3/1.0	1,120 (+9%)	2mo	$80,000	$71	49
2715 Myrtle Ave N	0.74mi	2/1.0 (-1)	900 (-12%)	3mo	$98,000	$109	38

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: -1.4%
• Equity multiple: 0.95×
• Total profit: $-1,579
• Equity at exit: $15,656

10-year hold

• IRR: 7.0%
• Equity multiple: 1.50×
• Total profit: $14,584
• Equity at exit: $9,078

Cash invested: $29,400 (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: 7.2×

Monthly cashflow live

• Estimated rent: $1,219 high
• Mortgage (P&I): −$551
• Tax from tax record: −$103 /mo · $1,241/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $265

Break-even live

Break-even rent $883

Max offer price $105,000

Occupancy floor 73%

Sensitivity live

Price	-10% $324	-5% $295	+0% $265	+5% $235	+10% $206
Rent	-10% $169	-5% $217	+0% $265	+5% $313	+10% $361
Rate	-1.0pp $318	-0.5pp $292	base $265	+0.5pp $238	+1.0pp $210

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	5d	1	0.07mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	24d	1	0.07mi
1460 W 5th St Unit 1 Jacksonville, FL	2.0	1.0	700	$850	$1.21	12d	1	0.09mi
1537 7th St W Unit B Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	24d	1	0.13mi
1537 W 7th St Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	8d	1	0.13mi
1570 Mc Conihe St Unit B Jacksonville, FL	2.0	1.0	714	$875	$1.23	24d	1	0.18mi
1437 Prince St Unit 1437 Jacksonville, FL	2.0	1.0	700	$1,120	$1.60	24d	1	0.18mi
1355 Grothe St Jacksonville, FL	4.0	1.0	1312	$1,350	$1.03	18d	1	0.19mi
1640 W 4th St Unit 1 Jacksonville, FL	4.0	2.0	1119	$1,675	$1.50	20d	1	0.23mi
1538 Ella St Unit 1 Jacksonville, FL	2.0	1.0	700	$1,100	$1.57	24d	1	0.25mi
1464 N Myrtle Ave Jacksonville, FL	2.0	1.0	1136	$1,400	$1.23	24d	1	0.26mi
1666 Myrtle Ave N Unit 1666 Jacksonville, FL	2.0	1.0	700	$925	$1.32	24d	1	0.27mi
1376 Prince St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	8d	1	0.27mi
1358 Prince St Jacksonville, FL	3.0	2.5	1044	$1,350	$1.29	24d	1	0.30mi
1358 Prince St Jacksonville, FL	3.0	3.5	1044	$1,350	$1.29	22d	1	0.30mi
1710 W 2nd St Unit A Jacksonville, FL	2.0	1.0	939	$800	$0.85	24d	1	0.38mi
1788 W 5th St Jacksonville, FL	3.0	2.0	948	$1,295	$1.37	24d	1	0.38mi
1470 Windle St Jacksonville, FL	3.0	2.0	1170	$1,425	$1.22	15d	1	0.40mi
1783 W 3rd St Jacksonville, FL	3.0	1.0	816	$650	$0.80	24d	1	0.40mi
1230 W 3rd St Jacksonville, FL	2.0	1.0	750	$950	$1.27	24d	3	0.40mi
844 Tyler St Unit 1 Jacksonville, FL	2.0	1.0	800	$900	$1.12	8d	1	0.42mi
1740 W 9th St Jacksonville, FL	4.0	2.0	1148	$1,285	$1.12	21d	1	0.42mi
1448 Union St W Jacksonville, FL	3.0	1.0	958	$1,200	$1.25	24d	1	0.43mi
1539 Union St W Jacksonville, FL	3.0	1.5	1000	$1,144	$1.14	14d	1	0.45mi
1545 Union St W Jacksonville, FL	3.0	2.0	1253	$1,400	$1.12	3d	1	0.46mi
1425 Morgan St Jacksonville, FL	2.0	1.0	850	$650	$0.76	4d	1	0.48mi
1607 Logan St Jacksonville, FL	4.0	2.0	1232	$1,800	$1.46	24d	1	0.51mi
1657 Union St W Unit 1 Jacksonville, FL	2.0	1.0	700	$1,050	$1.50	2d	1	0.52mi
1319 Woods St Jacksonville, FL	3.0	2.0	1103	$1,221	$1.11	24d	1	0.53mi
1866 W 6th St Jacksonville, FL	3.0	1.0	1064	$1,120	$1.05	4d	1	0.57mi
1776 Spires Ave Unit 2 Jacksonville, FL	2.0	1.0	800	$1,125	$1.41	5d	1	0.57mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	24d	1	0.59mi
1046 W 8th St Jacksonville, FL	2.0	1.0	750	$900	$1.20	24d	1	0.61mi
1525 W 15th St Jacksonville, FL	3.0	1.0	1100	$1,245	$1.13	24d	1	0.62mi
1934 Ella St Jacksonville, FL	3.0	1.0	1045	$1,095	$1.05	21d	1	0.62mi
1320 Francis St Jacksonville, FL	2.0	2.0	1003	$1,095	$1.09	24d	1	0.63mi
1024 8th St W Jacksonville, FL	2.0	1.0	816	$950	$1.16	24d	1	0.63mi
1911 W 3rd St Jacksonville, FL	3.0	1.0	912	$1,050	$1.15	5d	1	0.63mi
1751 Broadway Ave Jacksonville, FL	2.0	1.0	1000	$1,525	$1.52	5d	1	0.63mi
2306 Fairfax St Unit 3 Jacksonville, FL	2.0	1.0	700	$650	$0.93	24d	1	0.64mi

Listing history 44 events

1. 2026-06-10
   days on market $105,000 Active 177 DOM
2. 2026-06-08
   days on market $105,000 Active 176 DOM
3. 2026-06-08
   days on market $105,000 Active 175 DOM
4. 2026-06-03
   days on market $105,000 Active 171 DOM
5. 2026-06-02
   days on market $105,000 Active 170 DOM
6. 2026-06-01
   days on market $105,000 Active 169 DOM
7. 2026-05-31
   days on market $105,000 Active 168 DOM
8. 2026-05-14
   price $110,000
9. 2026-05-08
   status Active
10. 2026-05-06
    historical
11. 2026-04-15
    status Active
12. 2026-03-24
    historical
13. 2026-03-18
    price $112,500
14. 2026-03-12
    price $115,000
15. 2026-02-09
    status Active
16. 2025-12-01
    historical
17. 2025-12-01
    price $119,000
18. 2025-11-18
    price $77,000
19. 2025-11-13
    price $78,000
20. 2025-11-04
    price $79,000
21. 2025-10-28
    price $80,000
22. 2025-10-09
    price $85,000
23. 2025-10-04
    status Active
24. 2025-10-03
    historical Active Under Contract
25. 2025-09-30
    price $88,000
26. 2025-09-11
    listed $89,000 Active
27. 2025-08-26
    soldstatus $1,750,000
28. 2025-08-26
    soldstatus $1,750,000
29. 2025-04-29
    soldstatus $958,345
30. 2016-10-27
    historical
31. 2016-03-14
    listed $22,000
32. 2014-05-14
    historical 63-char remark

    Show marketing remark (63 chars)

    Handyman Special. Great Opportunity to fixup and rent or flip.

33. 2013-10-16
    listed $17,000 63-char remark

    Show marketing remark (63 chars)

    Handyman Special. Great Opportunity to fixup and rent or flip.

34. 2008-07-14
    historical
35. 2007-11-14
    listed $60,000
36. 2005-08-22
    historical
37. 2005-08-10
    soldstatus $51,050
38. 2005-05-30
    historical
39. 2005-02-27
    listed $79,900
40. 2005-02-08
    listed $49,900
41. 2004-03-11
    historical
42. 2004-01-29
    soldstatus $27,650
43. 2003-12-13
    listed $29,900
44. 1998-01-21
    soldstatus $14,200

ⓘ 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: $1,241 · $103/mo
• Projected year-2 tax: $1,241 · $103/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 · 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: $14,624
• − Mortgage interest: −$5,882
• − Property taxes: −$1,241
• − Insurance: −$525
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$3,055
• Taxable income: $1,582
• Est. tax owed @ 24.0%: −$380
• After-tax cash flow: $2,800/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

+674.6% since first listed

37 events — show timeline

• 2026-05-14 Price Changed $110,000 realMLS
• 2026-05-08 Relisted — realMLS
• 2026-05-06 Listing Removed — realMLS
• 2026-04-15 Relisted — realMLS
• 2026-03-24 Listing Removed — realMLS
• 2026-03-18 Price Changed $112,500 realMLS
• 2026-03-12 Price Changed $115,000 realMLS
• 2026-02-09 Relisted — realMLS
• 2025-12-01 Price Changed $119,000 realMLS
• 2025-12-01 Listing Removed — realMLS
• 2025-11-18 Price Changed $77,000 realMLS
• 2025-11-13 Price Changed $78,000 realMLS
• 2025-11-04 Price Changed $79,000 realMLS
• 2025-10-28 Price Changed $80,000 realMLS
• 2025-10-09 Price Changed $85,000 realMLS
• 2025-10-04 Relisted — realMLS
• 2025-10-03 Contingent — realMLS
• 2025-09-30 Price Changed $88,000 realMLS
• 2025-09-11 Listed $89,000 realMLS
• 2025-08-26 Sold (Public Records) $1,750,000 Public Records
• 2025-08-26 Sold (Public Records) $1,750,000 Public Records
• 2025-04-29 Sold (Public Records) $958,345 Public Records
• 2016-10-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-03-14 Listed $22,000 Stellar MLS as Distributed by MLS Grid
• 2014-05-14 Listing Removed — realMLS
• 2013-10-16 Listed $17,000 realMLS
• 2008-07-14 Listing Removed — realMLS
• 2007-11-14 Listed $60,000 realMLS
• 2005-08-22 Listing Removed — realMLS
• 2005-08-10 Sold (MLS) $51,050 realMLS
• 2005-05-30 Listing Removed — realMLS
• 2005-02-27 Listed $79,900 realMLS
• 2005-02-08 Listed $49,900 realMLS
• 2004-03-11 Listing Removed — realMLS
• 2004-01-29 Sold (MLS) $27,650 realMLS
• 2003-12-13 Listed $29,900 realMLS
• 1998-01-21 Sold (Public Records) $14,200 Public Records

Property tax history

+10.2%/yr

Latest (2025): $1,241 · +29.5% YoY. Source: county tax records.