1049 Stark St · Jacksonville, FL 32208

$125,000

3 bd · 1.0 ba · 1,103 sqft · SingleFamily public records · 224 Days on market

Built 1944 8,276 sqft lot Est $135k · 7% under

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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 +24.8/30.0
• ARV discount +10.7/15.0
• DSCR +8.0/10.0
• 1% rule +6.3/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BACK ON MARKET, motivated seller!!! Well maintained traditional all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. This home has only had 1 owner and has plenty of room if you want to expand. Bring your ideas and make this house a home again. Property is located minutes from I-95, River City Marketplace, downtown and close to the river and parks. Bring all reasonable offers, close quickly!

Key facts

• Remodeled bathroom
• New flooring
• Updated kitchen

Tags

• UPDATED KITCHEN
• REMODELED BATHROOM
• NEW FLOORING

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Additional parking
• Utilities: Electricity connected; Sewer connected; Water connected
• Home design: Single family residence used as a single family
• Exterior features: Lot of 0.19 acres; No private pool

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $263 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% 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 soft (-1.4%/yr); 291 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 41% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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 224 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $125k implies a 317% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 224 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 1944 — 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: 1.13% ✓
• Cap rate: 8.82%
• Cash-on-cash: 9.03%
• DSCR: 1.40
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $134,566
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8004 Delaware Ave	0.10mi	3/1.0	1,064 (-4%)	1mo	$60,000	$56	88
1116 Stark St	0.05mi	3/1.0	1,190 (+8%)	2mo	$65,000	$55	83
1012 Brandywine St	0.09mi	3/1.0	945 (-14%)	6mo	$115,000	$122	66
1134 Bunker Hill Blvd	0.15mi	3/2.0	1,245 (+13%)	5mo	$185,000	$149	63
7632 Lueders Ave	0.44mi	3/1.0	1,024 (-7%)	6mo	$144,000	$141	63
1224 Kennard St	0.58mi	3/2.0	1,092 (-1%)	6mo	$50,000	$46	62
8053 Lexington Dr	0.29mi	3/1.0	954 (-14%)	3mo	$85,000	$89	62
815 Cornwallis Dr	0.52mi	3/1.0	1,042 (-6%)	8mo	$85,000	$82	60
7848 Tory Pl N	0.51mi	2/1.0 (-1)	1,047 (-5%)	7mo	$91,100	$87	57
8608 2nd Ave	0.61mi	3/2.0	1,045 (-5%)	4mo	$155,000	$148	56
1230 Kennard St	0.59mi	3/2.0	1,209 (+10%)	8mo	$240,000	$199	46
7825 Tory Pl	0.64mi	3/1.0	1,252 (+14%)	2mo	$170,000	$136	46

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.78×
• Total profit: $-7,615
• Equity at exit: $18,638

10-year hold

• IRR: -0.5%
• Equity multiple: 0.97×
• Total profit: $-1,007
• Equity at exit: $10,808

Cash invested: $35,000 (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 32208

• Home prices YoY: -33.6%
• Rents YoY: -1.4%
• Active inventory: 291
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,417 high
• Mortgage (P&I): −$656
• Tax from tax record: −$148 /mo · $1,777/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $263

Break-even live

Break-even rent $1,083

Max offer price $125,000

Occupancy floor 76%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1021 Lake Forest Blvd Jacksonville, FL	3.0	1.0	1393	$1,290	$0.93	2d	1	0.11mi
915 Wayne St Jacksonville, FL	4.0	2.0	1220	$1,313	$1.08	2d	1	0.18mi
912 Saratoga Blvd Jacksonville, FL	3.0	1.0	930	$1,250	$1.34	23d	1	0.20mi
8253 Lexington Dr Jacksonville, FL	3.0	1.0	910	$1,330	$1.46	23d	1	0.25mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	23d	1	0.34mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	14d	1	0.34mi
7927 Reid Ave Jacksonville, FL	3.0	1.0	1055	$1,500	$1.42	23d	1	0.40mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	1d	1	0.62mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	10d	1	0.63mi
8910 Adams Ave Jacksonville, FL	4.0	2.0	1250	$1,225	$0.98	2d	1	0.70mi
8721 4th Ave Jacksonville, FL	3.0	1.5	1344	$1,399	$1.04	23d	1	0.72mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	23d	1	0.74mi
8918 1st Ave Jacksonville, FL	3.0	2.0	1435	$1,321	$0.92	16d	1	0.78mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,684	$1.77	2d	9	0.81mi
8973 4th Ave Jacksonville, FL	3.0	2.0	1230	$1,438	$1.17	14d	1	0.90mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,711	$1.66	1d	42	0.94mi
9124 Adams Ave Jacksonville, FL	3.0	3.0	1207	$1,800	$1.49	23d	1	0.95mi
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	3d	1	0.96mi
9017 6th Ave Jacksonville, FL	2.0	1.0	1038	$1,098	$1.06	23d	1	0.99mi
9037 6th Ave Jacksonville, FL	3.0	2.0	1156	$1,400	$1.21	23d	1	1.03mi
7210 Elwood Ave Jacksonville, FL	2.0	1.0	831	$995	$1.20	21d	1	1.06mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	7d	1	1.06mi
9131 4th Ave Jacksonville, FL	3.0	2.0	1209	$1,496	$1.24	21d	1	1.06mi
7511 N Shore Dr Jacksonville, FL	2.0	1.0	1014	$1,350	$1.33	4d	1	1.07mi
9050 7th Ave Jacksonville, FL	3.0	1.0	896	$1,485	$1.66	23d	1	1.08mi
780 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1164	$2,143	$1.84	3d	16	1.08mi
9032 8th Ave Jacksonville, FL	3.0	2.0	1300	$1,500	$1.15	23d	1	1.08mi
9565 Carbondale Dr W Unit B Jacksonville, FL	3.0	2.0	1400	$2,000	$1.43	23d	1	1.14mi
472 W 65th St Jacksonville, FL	3.0	1.0	1312	$1,295	$0.99	21d	1	1.15mi
5903 Droad St Jacksonville, FL	3.0	1.0	1161	$1,400	$1.21	2d	1	1.17mi
346 W 68th St Jacksonville, FL	3.0	1.0	1114	$1,385	$1.24	4d	1	1.17mi
7124 Lorain St Jacksonville, FL	3.0	1.0	864	$1,043	$1.21	2d	1	1.21mi
2312 Palmdale St Jacksonville, FL	3.0	2.0	972	$1,231	$1.27	23d	1	1.22mi
9279 6th Ave Jacksonville, FL	3.0	2.0	1150	$1,245	$1.08	4d	1	1.24mi
961 Dorchester St Jacksonville, FL	2.0	1.0	884	$1,025	$1.16	2d	1	1.25mi
1567 Rutledge Ave Jacksonville, FL	3.0	2.0	1050	$1,113	$1.06	23d	1	1.28mi
9141 12th Ave Jacksonville, FL	3.0	2.0	1209	$1,598	$1.32	20d	1	1.30mi
920 Alderside St Jacksonville, FL	3.0	1.0	1255	$1,195	$0.95	4d	1	1.31mi
2534 Aubrey Ave Jacksonville, FL	4.0	2.0	759	$1,250	$1.65	23d	1	1.34mi
9148 13th Ave Jacksonville, FL	3.0	1.0	1126	$1,136	$1.01	3d	1	1.36mi

Listing history 13 events

1. 2026-04-29
   status Pending
2. 2026-04-27
   price $125,000
3. 2026-03-13
   price $135,250
4. 2026-01-07
   status Active
5. 2026-01-01
   status Pending
6. 2025-12-18
   price $139,500
7. 2025-09-08
   listed $140,000 Active
8. 2014-03-30
   historical 501-char remark

   Show marketing remark (501 chars)

   BACK ON MARKET, motivated seller!!! Well maintained traditional all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. This home has only had 1 owner and has plenty of room if you want to expand. Bring your ideas and make this house a home again. Property is located minutes from I-95, River City Marketplace, downtown and close to the river and parks. Bring all reasonable offers, close quickly!

9. 2014-03-26
   soldstatus $30,000 501-char remark

   Show marketing remark (501 chars)

   BACK ON MARKET, motivated seller!!! Well maintained traditional all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. This home has only had 1 owner and has plenty of room if you want to expand. Bring your ideas and make this house a home again. Property is located minutes from I-95, River City Marketplace, downtown and close to the river and parks. Bring all reasonable offers, close quickly!

10. 2013-09-11
    listed $33,000 501-char remark

    Show marketing remark (501 chars)

    BACK ON MARKET, motivated seller!!! Well maintained traditional all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. This home has only had 1 owner and has plenty of room if you want to expand. Bring your ideas and make this house a home again. Property is located minutes from I-95, River City Marketplace, downtown and close to the river and parks. Bring all reasonable offers, close quickly!

11. 2013-06-30
    historical 243-char remark

    Show marketing remark (243 chars)

    Well maintained all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. Home is located minutes from I-95, River City Marketplace and downtown.

12. 2012-12-15
    listed $43,500 243-char remark

    Show marketing remark (243 chars)

    Well maintained all brick home on a corner lot that boasts hardwood floors, formal living and dining rooms, galley style kitchen with an eat in area, and spacious rooms. Home is located minutes from I-95, River City Marketplace and downtown.

13. 2012-05-13
    listed $55,900

ⓘ 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: $1,777 · $148/mo
• Projected year-2 tax: $1,777 · $148/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,998
• − Mortgage interest: −$7,002
• − Property taxes: −$1,777
• − Insurance: −$625
• − Repairs & maintenance: −$1,360
• − Management: −$1,360
• − Depreciation: −$3,636
• Taxable income: $1,238
• Est. tax owed @ 24.0%: −$297
• After-tax cash flow: $2,863/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): 32,699
• Household income: $41,324
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1765.0

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 (77%)
• Race & ethnicity: Black 77% White 16% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 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: ▼ -110.56%
• Current HPI: 217.9706
• Rent YoY: ▼ -1.36%
• 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

+123.6% since first listed

13 events — show timeline

• 2026-04-29 Pending — realMLS
• 2026-04-27 Price Changed $125,000 realMLS
• 2026-03-13 Price Changed $135,250 realMLS
• 2026-01-07 Relisted — realMLS
• 2026-01-01 Pending — realMLS
• 2025-12-18 Price Changed $139,500 realMLS
• 2025-09-08 Listed $140,000 realMLS
• 2014-03-30 Listing Removed — realMLS
• 2014-03-26 Sold (MLS) $30,000 realMLS
• 2013-09-11 Listed $33,000 realMLS
• 2013-06-30 Listing Removed — realMLS
• 2012-12-15 Listed $43,500 realMLS
• 2012-05-13 Listed $55,900 realMLS

Property tax history

+8.7%/yr

Latest (2025): $1,777 · +17.7% YoY. Source: county tax records.