3412 Rockwood Dr · Jacksonville, FL 32254

$120,000

2 bd · 1.0 ba · 876 sqft · SingleFamily public records · 352 Days on market

Built 1951 8,712 sqft lot Est $89k · 34% over ↓ 4% since listing

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Why this score? — see what drove the C- 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 +20.2/30.0
• Appreciation +6.7/10.0
• DSCR +6.4/10.0
• 1% rule +5.1/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks

Quaint Home, 2 bedroom 1 bathroom home. Located Near Edgewood Avenue North and West Beaver Street. Just minutes away from I-10 and I-295 West. This home was recently remodeled with a large back yard. Perfect home for a first time home buyer, why pay rent when you can own. Plenty of parking available. Great investment Property for rental purposes. MOTIVATED SELLER. SCHEDULE YOUR SHOWING TODAY. ..

Key facts

• 8,712 sq ft lot
• Garage
• Built 1951

Property features AI

Finance

• Other: Lot size: 0.2 acres
• HOA & community: Not a senior community

Exterior

• Parking: Attached garage
• Utilities: Cable available; Electricity available; Sewer connected; Water available
• Home design: Single family residence; Residential use
• Exterior features: East-facing lot; Private pool: No

Interior

• Kitchen: Electric cooktop; Electric oven; Refrigerator
• Bedrooms: Two bedrooms (both on the first floor)
• Bathrooms: One full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Three total rooms; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $151 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% 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.
• Zoned schools: Annie R. Morgan Elementary School (math 22% / reading 17%, grade F, #2,105 of 2,144 statewide, top 98%, 212 students, 82% FRL); Joseph Stilwell Middle School (math 31% / reading 33%, grade F, #448 of 571 statewide, top 79%, 612 students, 68% FRL); Paxon School/Advanced Studies (math 59% / reading 83%, grade B+, #52 of 667 statewide, top 8%, 1,270 students, 29% FRL).
• 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 19d 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).

Forward outlook

• In year one you build about $5k of equity ($830 loan paydown + $4k 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 $34k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 352 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 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.

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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $105,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 352 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: 1.01% ✓
• Cap rate: 7.80%
• Cash-on-cash: 5.39%
• DSCR: 1.24
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $89,352
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3542 Broadway Ave	0.24mi	2/1.0	840 (-4%)	2mo	$100,000	$119	80
3251 Sunnybrook Ave N	0.21mi	2/1.0	839 (-4%)	4mo	$71,000	$85	80
3378 Lowell Ave	0.26mi	2/1.0	900 (+3%)	9mo	$78,000	$87	76
3223 Mabry Ter	0.24mi	2/1.0	800 (-9%)	8mo	$67,000	$84	67
3033 Lowell Ave	0.55mi	3/1.0 (+1)	884 (+1%)	4mo	$90,000	$102	65
751 Dixon St	0.62mi	2/1.0	923 (+5%)	2mo	$114,000	$124	60
1066 Detroit Cir W	0.74mi	2/1.0	828 (-6%)	3mo	$72,000	$87	54
1060 Prospect St	0.70mi	3/1.0 (+1)	924 (+6%)	2mo	$145,000	$157	52
1073 Melson Ave	0.70mi	3/1.0 (+1)	816 (-7%)	2mo	$45,000	$55	49
3040 Columbus Ave	0.57mi	2/1.0	756 (-14%)	2mo	$130,625	$173	48
750 St Clair St	0.64mi	2/1.0	761 (-13%)	2mo	$77,500	$102	46
3058 Imperial St	0.48mi	3/1.0 (+1)	996 (+14%)	10mo	$75,000	$75	42

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: 12.9%
• Equity multiple: 1.75×
• Total profit: $25,151
• Equity at exit: $56,768

10-year hold

• IRR: 14.0%
• Equity multiple: 3.11×
• Total profit: $70,812
• Equity at exit: $89,737

Cash invested: $33,600 (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: 8.2×

Monthly cashflow live

• Estimated rent: $1,216 high
• Mortgage (P&I): −$629
• Tax from tax record: −$130 /mo · $1,562/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $151

Break-even live

Break-even rent $1,025

Max offer price $120,000

Occupancy floor 83%

Sensitivity live

Price	-10% $219	-5% $185	+0% $151	+5% $117	+10% $83
Rent	-10% $55	-5% $103	+0% $151	+5% $199	+10% $247
Rate	-1.0pp $211	-0.5pp $182	base $151	+0.5pp $120	+1.0pp $88

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3350 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	900	$1,095	$1.22	25d	1	0.09mi
3433 Brookhaven Dr Jacksonville, FL	2.0	1.0	754	$1,295	$1.72	9d	1	0.11mi
3305 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	1012	$1,021	$1.01	25d	1	0.16mi
3303 Broadway Ave Jacksonville, FL	3.0	2.0	1072	$1,550	$1.45	6d	1	0.25mi
3368 Columbus Ave Jacksonville, FL	2.0	1.0	955	$1,300	$1.36	6d	1	0.36mi
3357 Columbus Ave Jacksonville, FL	1.0	1.0	550	$1,000	$1.82	19d	1	0.39mi
3359 Columbus Ave Jacksonville, FL	1.0	1.0	525	$1,000	$1.90	14d	1	0.39mi
3359 Columbus Ave Jacksonville, FL	1.0	1.0	550	$1,000	$1.82	25d	1	0.39mi
5148 Cain Ln Jacksonville, FL	3.0	1.0	1104	$1,306	$1.18	23d	1	0.44mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	25d	1	0.54mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	9d	1	0.54mi
3012 Imperial St Jacksonville, FL	3.0	1.0	1089	$1,395	$1.28	25d	1	0.55mi
3326 W 1st St Jacksonville, FL	2.0	1.0	791	$995	$1.26	25d	1	0.69mi
1037 Detroit St Jacksonville, FL	3.0	2.0	912	$1,250	$1.37	3d	1	0.75mi
5364 Mary Budd Ave Jacksonville, FL	3.0	2.0	836	$1,225	$1.47	5d	1	0.75mi
3515 Dignan St Jacksonville, FL	3.0	1.0	915	$1,036	$1.13	5d	1	0.83mi
912 Huron St Jacksonville, FL	2.0	1.0	900	$1,100	$1.22	16d	1	0.84mi
3055 2nd Street Cir Jacksonville, FL	3.0	1.5	1050	$1,340	$1.28	19d	1	0.87mi
2851 Sophia St Jacksonville, FL	2.0	1.0	846	$1,000	$1.18	25d	3	0.92mi
1227 Dena St Jacksonville, FL	3.0	1.0	1033	$1,325	$1.28	25d	1	0.94mi
1085 Saint Clair St Jacksonville, FL	1.0	1.0	600	$795	$1.32	25d	1	0.94mi
3318 Dignan St Jacksonville, FL	3.0	2.0	960	$1,200	$1.25	25d	1	0.95mi
3101 3rd Street Cir N Jacksonville, FL	2.0	1.0	870	$1,150	$1.32	9d	1	0.95mi
3323 Nolan St Jacksonville, FL	3.0	1.0	927	$1,050	$1.13	3d	1	0.95mi
2862 W 1st St Unit 1 Jacksonville, FL	2.0	1.0	800	$895	$1.12	16d	1	0.95mi
2862 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	6d	1	0.95mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	25d	1	0.95mi
2852 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	9d	1	0.96mi
3319 Hunt St Jacksonville, FL	3.0	1.0	924	$1,295	$1.40	25d	1	0.97mi
3356 Lenox Ave Jacksonville, FL	2.0	1.0	899	$999	$1.11	25d	1	0.98mi
2913 W 2nd St Jacksonville, FL	2.0	1.0	720	$1,000	$1.39	3d	1	1.00mi
676 Bridal Ave Jacksonville, FL	3.0	2.0	1008	$1,450	$1.44	25d	1	1.02mi
628 Meteor St Jacksonville, FL	3.0	1.0	1123	$1,395	$1.24	25d	1	1.05mi
2965 Sunset St Jacksonville, FL	3.0	2.0	1056	$1,375	$1.30	6d	1	1.07mi
2965 Sunset St Jacksonville, FL	3.0	1.5	1056	$1,375	$1.30	9d	1	1.07mi
4718 Ramona Blvd Jacksonville, FL	3.0	1.0	1085	$1,595	$1.47	25d	1	1.08mi
5405 Leaming Ave Jacksonville, FL	3.0	1.0	924	$1,199	$1.30	19d	1	1.08mi
3609 Dellwood Ave Jacksonville, FL	2.0	2.0	936	$1,495	$1.60	25d	1	1.10mi
5433 Leaming Ave Jacksonville, FL	2.0	1.0	548	$1,099	$2.01	22d	1	1.10mi
1612 Alfen St Jacksonville, FL	3.0	1.5	945	$1,113	$1.18	9d	1	1.13mi

Listing history 26 events

1. 2026-06-21
   days on market $120,000 Active 352 DOM
2. 2026-06-18
   days on market $120,000 Active 349 DOM
3. 2026-06-17
   days on market $120,000 Active 348 DOM
4. 2026-06-16
   days on market $120,000 Active 347 DOM
5. 2026-06-15
   days on market $120,000 Active 346 DOM
6. 2026-06-10
   days on market $120,000 Active 340 DOM
7. 2026-06-08
   days on market $120,000 Active 339 DOM
8. 2026-06-08
   days on market $120,000 Active 338 DOM
9. 2026-06-03
   days on market $120,000 Active 334 DOM
10. 2026-06-02
    days on market $120,000 Active 333 DOM
11. 2026-06-01
    days on market $120,000 Active 332 DOM
12. 2026-05-31
    days on market $120,000 Active 331 DOM
13. 2026-04-02
    status Active
14. 2026-01-07
    price $120,000
15. 2025-09-25
    price $125,000
16. 2025-09-25
    status Active
17. 2025-01-07
    status Active
18. 2024-12-10
    status Pending
19. 2024-12-10
    historical
20. 2024-12-10
    historical
21. 2024-10-11
    price $121,000
22. 2024-09-11
    status Active
23. 2024-09-06
    historical
24. 2024-08-08
    price $124,000
25. 2024-06-09
    price $124,999
26. 2024-03-07
    listed $125,000 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: $1,562 · $130/mo
• Projected year-2 tax: $1,562 · $130/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 8/10 Severe 7 d/yr ≥107°F today · 19 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: $14,590
• − Mortgage interest: −$6,722
• − Property taxes: −$1,562
• − Insurance: −$600
• − Repairs & maintenance: −$1,167
• − Management: −$1,167
• − Depreciation: −$3,491
• Taxable loss: −$120
• Est. tax savings @ 24.0%: +$29
• After-tax cash flow: $1,841/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

-4.0% since first listed

14 events — show timeline

• 2026-04-02 Relisted — realMLS
• 2026-01-07 Price Changed $120,000 realMLS
• 2025-09-25 Price Changed $125,000 realMLS
• 2025-09-25 Relisted — realMLS
• 2025-01-07 Relisted — realMLS
• 2024-12-10 Pending — realMLS
• 2024-12-10 Listing Removed — realMLS
• 2024-12-10 Listing Removed — realMLS
• 2024-10-11 Price Changed $121,000 realMLS
• 2024-09-11 Relisted — realMLS
• 2024-09-06 Listing Removed — realMLS
• 2024-08-08 Price Changed $124,000 realMLS
• 2024-06-09 Price Changed $124,999 realMLS
• 2024-03-07 Listed $125,000 realMLS

Property tax history

+21.6%/yr

Latest (2025): $1,562 · +18.7% YoY. Source: county tax records.