1331 Dena St · Jacksonville, FL 32254

$62,500

2 bd · 2.0 ba · 1,440 sqft · SingleFamily public records · 148 Days on market

Built 1951 10,018 sqft lot ↓ 42% since listing

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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
• Appreciation +6.7/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to your next investment opportunity! This 2-bedroom, 2-bathroom property sits on a spacious lot and is ready for a full transformation. The home is in need of a full rehab, making it the perfect canvas for investors, renovators, or anyone looking to design a custom living space from the ground up. Inside, you'll find a large den at the rear of the home, offering incredible potential for an expanded living area, home office, entertainment space, or future owner's suite. With the right vision and updates, this home could be reimagined into a modern, functional, and beautifully restored property. If you're searching for a project with solid upside—this is the one. Bring your cont

Key facts

• Large den
• Entertainment space
• Spacious lot

Tags

• SPACIOUS LOT
• LARGE DEN
• EXPANDED LIVING AREA
• HOME OFFICE
• ENTERTAINMENT SPACE

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking
• Utilities: Cable available
• Home design: Single-family residence; Currently used for residential purposes
• Exterior features: Lot of approximately 0.23 acres; Other detached or additional structures present

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Has cooling (type listed as other)
• Interior features: No built-in appliances listed; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $62k.

Deal economics

• At list price, monthly cash flow is $644 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $62k).
• Recommended offer: $55k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.7% vs local median 3.9% 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 (+1.7%/yr); 173 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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).
• This rent runs 45% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $3k of equity ($432 loan paydown + $2k appreciation (3.4% local appreciation)).
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.4% appreciation + 1.7% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 148 days — a 12% lower offer ($55k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $55,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 148 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 1951 — 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: 2.09% ✓
• Cap rate: 18.65%
• Cash-on-cash: 44.14%
• DSCR: 2.96
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $161,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1331 Dena St	0.00mi	2/2.0	1,440 (0%)	1mo	$50,125	$35	99
3058 2nd St Cir	0.16mi	3/2.0 (+1)	1,334 (-7%)	5mo	$160,000	$120	71
3026 E Detroit Cir	0.27mi	3/1.0 (+1)	1,470 (+2%)	11mo	$110,000	$75	66
3125 3rd St Cir S	0.12mi	3/2.0 (+1)	1,224 (-15%)	4mo	$148,500	$121	61
2922 W 11th St	0.44mi	3/1.0 (+1)	1,530 (+6%)	2mo	$150,000	$98	59
3036 Detroit Cir	0.32mi	3/2.0 (+1)	1,248 (-13%)	10mo	$132,000	$106	49
2848 W 11th St	0.48mi	3/2.0 (+1)	1,300 (-10%)	13mo	$224,700	$173	46
2908 Broadway Ave	0.72mi	3/2.5 (+1)	1,268 (-12%)	1mo	$185,000	$146	39
3505 Shadow St	0.63mi	3/2.0 (+1)	1,607 (+12%)	11mo	$195,000	$121	37
3057 Columbus Ave	0.52mi	3/1.0 (+1)	1,266 (-12%)	12mo	$108,500	$86	37
1029 Huron St	0.48mi	3/1.0 (+1)	1,232 (-14%)	11mo	$108,000	$88	35
870 Allison St	0.61mi	3/1.0 (+1)	1,248 (-13%)	10mo	$140,000	$112	32

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

Projected returns pro-forma

3.41% appreciation · 1.7% rent growth · sell at horizon

5-year hold

• IRR: 48.9%
• Equity multiple: 3.75×
• Total profit: $48,206
• Equity at exit: $29,567

10-year hold

• IRR: 47.6%
• Equity multiple: 7.30×
• Total profit: $110,273
• Equity at exit: $46,738

Cash invested: $17,500 (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 32254

• Home prices YoY: 1.2%
• Rents YoY: 1.7%
• Active inventory: 173
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,306 high
• Mortgage (P&I): −$328
• Tax from tax record: −$34 /mo · $413/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $644

Break-even live

Break-even rent $491

Max offer price $62,500

Occupancy floor 46%

Sensitivity live

Price	-10% $679	-5% $661	+0% $644	+5% $626	+10% $608
Rent	-10% $540	-5% $592	+0% $644	+5% $695	+10% $747
Rate	-1.0pp $675	-0.5pp $660	base $644	+0.5pp $627	+1.0pp $611

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: $15,625
• Closing costs: $1,875
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2965 Sunset St Jacksonville, FL	3.0	1.5	1056	$1,375	$1.30	8d	1	0.07mi
2965 Sunset St Jacksonville, FL	3.0	2.0	1056	$1,375	$1.30	5d	1	0.07mi
1227 Dena St Jacksonville, FL	3.0	1.0	1033	$1,325	$1.28	24d	1	0.09mi
3055 2nd Street Cir Jacksonville, FL	3.0	1.5	1050	$1,340	$1.28	18d	1	0.15mi
1612 Alfen St Jacksonville, FL	3.0	1.5	945	$1,113	$1.18	8d	1	0.15mi
2939 W 6th St Jacksonville, FL	3.0	2.0	1269	$1,225	$0.97	2d	1	0.16mi
2902 W 5th St Jacksonville, FL	3.0	2.0	1379	$1,050	$0.76	8d	1	0.17mi
1305 Melson Ave Jacksonville, FL	3.0	2.0	1224	$1,399	$1.14	21d	1	0.22mi
3034 Detroit Cir E Jacksonville, FL	3.0	2.0	1300	$1,399	$1.08	24d	1	0.26mi
1037 Detroit St Jacksonville, FL	3.0	2.0	912	$1,250	$1.37	2d	1	0.37mi
2939 W 11th St Jacksonville, FL	3.0	1.0	1086	$1,295	$1.19	24d	1	0.46mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	24d	1	0.48mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	8d	1	0.48mi
2854 Wickwire St Jacksonville, FL	2.0	1.0	948	$1,300	$1.37	5d	1	0.53mi
912 Huron St Jacksonville, FL	2.0	1.0	900	$1,100	$1.22	15d	1	0.61mi
3078 W 15th St Jacksonville, FL	3.0	1.0	1128	$1,200	$1.06	24d	1	0.64mi
3012 Imperial St Jacksonville, FL	3.0	1.0	1089	$1,395	$1.28	24d	1	0.66mi
3368 Columbus Ave Jacksonville, FL	2.0	1.0	955	$1,300	$1.36	5d	1	0.69mi
3004 W 16th St Unit 1 Jacksonville, FL	3.0	2.0	1456	$1,526	$1.05	24d	1	0.70mi
3362 Lowell Ave Jacksonville, FL	3.0	2.0	1682	$1,400	$0.83	8d	1	0.75mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	24d	1	0.75mi
3303 Broadway Ave Jacksonville, FL	3.0	2.0	1072	$1,550	$1.45	5d	1	0.77mi
3450 Lowell Ave Jacksonville, FL	3.0	2.0	1209	$1,578	$1.31	24d	1	0.85mi
3305 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	1012	$1,021	$1.01	24d	1	0.89mi
2587 Orchard St Jacksonville, FL	2.0	2.0	992	$1,295	$1.31	8d	1	0.89mi
3350 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	900	$1,095	$1.22	24d	1	0.93mi
1213 Moat St Jacksonville, FL	2.0	2.5	1022	$1,283	$1.26	18d	1	1.02mi
2410 McQuade St Jacksonville, FL	3.0	2.0	1307	$1,425	$1.09	24d	1	1.09mi
5148 Cain Ln Jacksonville, FL	3.0	1.0	1104	$1,306	$1.18	22d	1	1.19mi
3688 Dillon St Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	24d	1	1.23mi
2185 Kingston St Jacksonville, FL	3.0	2.0	1230	$1,381	$1.12	24d	1	1.24mi
3352 Dillon St Jacksonville, FL	3.0	2.0	1229	$1,372	$1.12	24d	1	1.27mi
2345 W 15th St Jacksonville, FL	3.0	2.0	1112	$1,400	$1.26	24d	1	1.27mi
1145 N Canal St Jacksonville, FL	2.0	2.0	1184	$1,396	$1.18	4d	1	1.27mi
2693 W 25th St Jacksonville, FL	3.0	1.5	1300	$1,450	$1.12	24d	1	1.28mi
3515 Dignan St Jacksonville, FL	3.0	1.0	915	$1,036	$1.13	4d	1	1.28mi
2344 W 18th St Jacksonville, FL	3.0	1.5	1129	$1,425	$1.26	15d	1	1.33mi
3318 Dignan St Jacksonville, FL	3.0	2.0	960	$1,200	$1.25	24d	1	1.33mi
3323 Nolan St Jacksonville, FL	3.0	1.0	927	$1,050	$1.13	2d	1	1.35mi
3035 Fitzgerald St Jacksonville, FL	2.0	1.0	900	$1,021	$1.13	4d	1	1.37mi

Listing history 5 events

1. 2026-04-30
   status Pending
2. 2026-04-19
   price $62,500
3. 2026-02-26
   price $78,100
4. 2026-01-24
   price $91,800
5. 2025-12-03
   listed $108,000 Active

ⓘ 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: $413 · $34/mo
• Projected year-2 tax: $519 · $43/mo
• Expected delta: +$106/yr (+$9/mo · 25.7%)

ⓘ 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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 18 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: $15,674
• − Mortgage interest: −$3,501
• − Property taxes: −$413
• − Insurance: −$312
• − Repairs & maintenance: −$1,254
• − Management: −$1,254
• − Depreciation: −$1,818
• Taxable income: $7,121
• Est. tax owed @ 24.0%: −$1,709
• After-tax cash flow: $6,015/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): 13,927
• Household income: $34,953
• Rent vs Own: 50.2% rent · 49.8% own
• Severe rent burden: 882.0

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 0.56)
• Race & ethnicity: Black 60% White 28% Two or more races 7% Hispanic / Latino 5%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Slovak 1% Hispanic 1% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% French/Haitian/Cajun 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: ▲ 3.41%
• Current HPI: 282.2981
• Rent YoY: ▲ 1.70%
• 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

-42.1% since first listed

5 events — show timeline

• 2026-04-30 Pending — realMLS
• 2026-04-19 Price Changed $62,500 realMLS
• 2026-02-26 Price Changed $78,100 realMLS
• 2026-01-24 Price Changed $91,800 realMLS
• 2025-12-03 Listed $108,000 realMLS

Property tax history

+3.3%/yr

Latest (2025): $413 · +76.2% YoY. Source: county tax records.