2815 W 7th St · Jacksonville, FL 32254

$79,000

3 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 8 Days on market

Built 1970 8,276 sqft lot Est $136k · 42% under

---

Why this score? — see what drove the A 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Investor special with much of the heavy lifting already completed! This property has been fully gutted to the framing, providing a blank canvas for your vision. The rough electrical, plumbing, and HVAC work have already been completed, and new windows have been installed. The home is ready for the next phase of renovation, including drywall, flooring, trim, fixtures, and finishes. Whether you're looking for your next flip project or a long-term investment, this property offers the opportunity to customize the final design and finishes to maximize its potential. Skip the demolition process and start bringing this project to life. A great opportunity for investors, contractors, or anyone look

Key facts

• Fully gutted
• Blank canvas
• 8,276 sq ft lot

Tags

• FULLY GUTTED
• NEW WINDOWS INSTALLED
• BLANK CANVAS

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking
• Utilities: Other utilities
• Home design: Single family residence; One level; Residential use
• Exterior features: 0.19-acre lot

Interior

• Kitchen: No appliances included
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; No heating or cooling in some areas (listed as None)
• Interior features: Other interior features
• Laundry & utility: No specific laundry or utility appliances listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $526 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Cap rate 14.3% 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 (+1.7%/yr); 172 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $1,371/mo this rent would consume 47% of the median local household income ($35k/yr) (locally 882% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $3k of equity ($546 loan paydown + $3k 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 $22k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $62k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $79,000

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.74% ✓
• Cap rate: 14.29%
• Cash-on-cash: 28.55%
• DSCR: 2.27
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $136,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2952 W 8th St	0.22mi	3/1.5	1,119 (-13%)	3mo	$95,000	$85	64
3125 3rd St Cir S	0.46mi	3/2.0	1,224 (-5%)	4mo	$148,500	$121	63
3058 2nd St Cir	0.49mi	3/2.0	1,334 (+4%)	5mo	$160,000	$120	63
941 Huron St	0.68mi	3/1.0	1,208 (-6%)	2mo	$125,000	$103	57
2904 W 16th St	0.52mi	3/2.0	1,212 (-6%)	9mo	$89,000	$73	55
3036 Detroit Cir	0.60mi	3/2.0	1,248 (-3%)	10mo	$132,000	$106	55
1331 Dena St	0.34mi	2/2.0 (-1)	1,440 (+12%)	1mo	$50,125	$35	54
3032 W 16th St	0.58mi	3/1.0	1,175 (-8%)	8mo	$99,000	$84	52
2935 W 10th St	0.26mi	4/2.0 (+1)	1,458 (+14%)	8mo	$196,000	$134	49
2640 Commonwealth Ave	0.70mi	3/2.0	1,184 (-8%)	8mo	$137,000	$116	43
3026 E Detroit Cir	0.56mi	3/1.0	1,470 (+14%)	11mo	$110,000	$75	41
2380 Automobile Dr	0.74mi	4/2.0 (+1)	1,379 (+7%)	8mo	$198,900	$144	38

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: 34.2%
• Equity multiple: 2.95×
• Total profit: $43,030
• Equity at exit: $37,372

10-year hold

• IRR: 33.3%
• Equity multiple: 5.60×
• Total profit: $101,826
• Equity at exit: $59,077

Cash invested: $22,120 (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: 172
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,371 high
• Mortgage (P&I): −$414
• Tax from tax record: −$109 /mo · $1,312/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $526

Break-even live

Break-even rent $705

Max offer price $79,000

Occupancy floor 57%

Sensitivity live

Price	-10% $571	-5% $549	+0% $526	+5% $504	+10% $482
Rent	-10% $418	-5% $472	+0% $526	+5% $580	+10% $635
Rate	-1.0pp $566	-0.5pp $546	base $526	+0.5pp $506	+1.0pp $485

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2902 W 5th St Jacksonville, FL	3.0	2.0	1379	$1,050	$0.76	8d	1	0.20mi
2939 W 6th St Jacksonville, FL	3.0	2.0	1269	$1,225	$0.97	2d	1	0.23mi
2854 Wickwire St Jacksonville, FL	2.0	1.0	948	$1,300	$1.37	4d	1	0.29mi
2965 Sunset St Jacksonville, FL	3.0	1.5	1056	$1,375	$1.30	8d	1	0.30mi
2965 Sunset St Jacksonville, FL	3.0	2.0	1056	$1,375	$1.30	4d	1	0.30mi
2939 W 11th St Jacksonville, FL	3.0	1.0	1086	$1,295	$1.19	24d	1	0.32mi
1612 Alfen St Jacksonville, FL	3.0	1.5	945	$1,113	$1.18	8d	1	0.34mi
1227 Dena St Jacksonville, FL	3.0	1.0	1033	$1,325	$1.28	24d	1	0.42mi
3055 2nd Street Cir Jacksonville, FL	3.0	1.5	1050	$1,340	$1.28	18d	1	0.50mi
3004 W 16th St Unit 1 Jacksonville, FL	3.0	2.0	1456	$1,526	$1.05	24d	1	0.57mi
3034 Detroit Cir E Jacksonville, FL	3.0	2.0	1300	$1,399	$1.08	24d	1	0.57mi
3078 W 15th St Jacksonville, FL	3.0	1.0	1128	$1,200	$1.06	24d	1	0.58mi
1305 Melson Ave Jacksonville, FL	3.0	2.0	1224	$1,399	$1.14	21d	1	0.58mi
1037 Detroit St Jacksonville, FL	3.0	2.0	912	$1,250	$1.37	2d	1	0.63mi
912 Huron St Jacksonville, FL	2.0	1.0	900	$1,100	$1.22	15d	1	0.75mi
1213 Moat St Jacksonville, FL	2.0	2.5	1022	$1,283	$1.26	18d	1	0.79mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	24d	1	0.83mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	24d	1	0.83mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	8d	1	0.83mi
2587 Orchard St Jacksonville, FL	2.0	2.0	992	$1,295	$1.31	8d	1	0.89mi
2345 W 15th St Jacksonville, FL	3.0	2.0	1112	$1,400	$1.26	24d	1	0.91mi
3012 Imperial St Jacksonville, FL	3.0	1.0	1089	$1,395	$1.28	24d	1	0.91mi
2344 W 18th St Jacksonville, FL	3.0	1.5	1129	$1,425	$1.26	15d	1	0.96mi
2693 W 25th St Jacksonville, FL	3.0	1.5	1300	$1,450	$1.12	24d	1	0.98mi
2661 W 25th St Jacksonville, FL	4.0	2.0	1031	$1,350	$1.31	24d	1	1.00mi
2319 Almeda St Jacksonville, FL	3.0	1.0	1200	$1,078	$0.90	2d	1	1.02mi
3368 Columbus Ave Jacksonville, FL	2.0	1.0	955	$1,300	$1.36	5d	1	1.04mi
1145 N Canal St Jacksonville, FL	2.0	2.0	1184	$1,396	$1.18	3d	1	1.04mi
2410 McQuade St Jacksonville, FL	3.0	2.0	1307	$1,425	$1.09	24d	1	1.05mi
2185 Kingston St Jacksonville, FL	3.0	2.0	1230	$1,381	$1.12	24d	1	1.05mi
2154 Placeda St Jacksonville, FL	4.0	1.5	1124	$1,500	$1.33	22d	1	1.05mi
3362 Lowell Ave Jacksonville, FL	3.0	2.0	1682	$1,400	$0.83	8d	1	1.10mi
3303 Broadway Ave Jacksonville, FL	3.0	2.0	1072	$1,550	$1.45	4d	1	1.10mi
2415 N Canal St Jacksonville, FL	4.0	2.0	1572	$1,475	$0.94	20d	1	1.11mi
2169 W 14th St Jacksonville, FL	3.0	1.0	972	$1,200	$1.23	3d	1	1.13mi
2011 W 5th St Jacksonville, FL	3.0	1.0	988	$1,150	$1.16	24d	1	1.16mi
3450 Lowell Ave Jacksonville, FL	3.0	2.0	1209	$1,578	$1.31	24d	1	1.20mi
3305 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	1012	$1,021	$1.01	24d	1	1.21mi
2134 Danson St Jacksonville, FL	3.0	1.5	1080	$995	$0.92	3d	1	1.22mi
2134 Danson St Jacksonville, FL	3.0	1.5	1080	$995	$0.92	4d	1	1.22mi

Listing history 7 events

1. 2026-06-18
   days on market $79,000 Active 8 DOM
2. 2026-06-17
   days on market $79,000 Active 7 DOM
3. 2026-06-16
   days on market $79,000 Active 6 DOM
4. 2026-06-15
   days on market $79,000 Active 5 DOM
5. 2026-06-13
   days on market $79,000 Active 3 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $79,000 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: $1,312 · $109/mo
• Projected year-2 tax: $1,312 · $109/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: $16,448
• − Mortgage interest: −$4,425
• − Property taxes: −$1,312
• − Insurance: −$395
• − Repairs & maintenance: −$1,316
• − Management: −$1,316
• − Depreciation: −$2,298
• Taxable income: $5,385
• Est. tax owed @ 24.0%: −$1,292
• After-tax cash flow: $5,022/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

+305.1% since first listed

3 events — show timeline

• 2026-06-10 Listed $79,000 realMLS
• 2001-05-11 Sold (Public Records) $62,000 Public Records
• 1975-12-12 Sold (Public Records) $19,500 Public Records

Property tax history

+18.1%/yr

Latest (2025): $1,312 · +24.6% YoY. Source: county tax records.