1721 Ella St · Jacksonville, FL 32209

$45,000

3 bd · 1.0 ba · 816 sqft · SingleFamily · 26 Days on market

Built 1946 Poor condition 0.34 ac lot Est $89k · 49% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Great opportunity! One parcel with 4 lots of record (LOTS 33 34 35 36 ). Across the street from Edward Waters University. Corner parcel. House on the property is in distressed condition (Do not try to enter without permission). Price is reflective of the land value. No Survey provided from the seller. Buyer to verify utility availability and responsible for all due diligence. Water and Electric Connected. Flood Zone X. Zoned: RLD-60 Use Description: RES LD 3-7 UNITS PER AC Approx. 0.34 acres

Key facts

• Zoned rld-60
• Flood zone x
• Corner parcel

Tags

• CORNER PARCEL
• WATER AND ELECTRIC CONNECTED
• FLOOD ZONE X
• ZONED RLD-60

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking (unspecified)
• Utilities: Electricity connected; Water connected; Sewer: unknown
• Home design: Single-family residence; Property attached
• Exterior features: Other exterior structures; Property used for residential purposes; Lot of 0.34 acres

Interior

• Kitchen: Other kitchen appliances (unspecified)
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Has cooling (type unspecified)
• Interior features: Other interior features (unspecified)
• Laundry & utility: Washer/Dryer information not specified

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $45k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $543 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $44k (1.5% below list) — sets the bar for market timing.
• Cap rate 20.8% 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.
• Market conditions: Rents rising (+1.8%/yr); 399 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 43% of the median local income ($31k/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 $311 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 1.8% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($44k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1946 — 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 $44,325 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.40% ✓
• Cap rate: 20.77%
• Cash-on-cash: 51.70%
• DSCR: 3.30
• GRM: 3.5

CMA / ARV

• ARV (on-the-fly): $88,944
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1753 W 12th St	0.20mi	3/1.0	827 (+1%)	4mo	$45,000	$54	85
1444 Grothe St	0.52mi	3/1.0	828 (+2%)	7mo	$75,000	$91	67
1536 W 3rd St	0.52mi	2/1.0 (-1)	776 (-5%)	1mo	$107,000	$138	62
1526 W 14th St	0.36mi	3/1.0	916 (+12%)	3mo	$95,000	$104	60
1593 W 11th St	0.19mi	2/1.0 (-1)	920 (+13%)	6mo	$125,000	$136	60
1464 W 6th St	0.44mi	2/1.0 (-1)	766 (-6%)	6mo	$98,000	$128	59
1339 Hart St	0.62mi	2/2.0 (-1)	818 (+0%)	4mo	$199,017	$243	58
1751 W 20th St	0.57mi	2/1.0 (-1)	880 (+8%)	2mo	$27,500	$31	54
2031 Danson St	0.56mi	2/1.0 (-1)	864 (+6%)	6mo	$72,000	$83	54
1480 N Myrtle Ave N	0.62mi	2/1.0 (-1)	916 (+12%)	2mo	$60,000	$66	44
1810 W 24th St	0.74mi	2/1.0 (-1)	871 (+7%)	7mo	$100,000	$115	44
2715 Myrtle Ave N	0.69mi	2/1.0 (-1)	900 (+10%)	3mo	$98,000	$109	43

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: 48.2%
• Equity multiple: 3.06×
• Total profit: $26,018
• Equity at exit: $6,710

10-year hold

• IRR: 53.4%
• Equity multiple: 5.93×
• Total profit: $62,115
• Equity at exit: $3,891

Cash invested: $12,600 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 399
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,081 high
• Mortgage (P&I): −$236
• Tax est. 1.5%: −$56 /mo · $675/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $543

Break-even live

Break-even rent $394

Max offer price $45,000

Occupancy floor 45%

Sensitivity live

Price	-10% $574	-5% $558	+0% $543	+5% $527	+10% $512
Rent	-10% $457	-5% $500	+0% $543	+5% $586	+10% $628
Rate	-1.0pp $565	-0.5pp $554	base $543	+0.5pp $531	+1.0pp $519

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1923 Fairfax St Jacksonville, FL	2.0	1.0	616	$835	$1.36	15d	1	0.10mi
1776 Spires Ave Unit 2 Jacksonville, FL	2.0	1.0	800	$1,125	$1.41	5d	1	0.22mi
1570 Mc Conihe St Unit B Jacksonville, FL	2.0	1.0	714	$875	$1.23	24d	1	0.24mi
1538 Ella St Unit 1 Jacksonville, FL	2.0	1.0	700	$1,100	$1.57	24d	1	0.25mi
2306 Fairfax St Unit 3 Jacksonville, FL	2.0	1.0	700	$650	$0.93	24d	1	0.25mi
2306 Fairfax St Unit 1 Jacksonville, FL	3.0	1.0	900	$700	$0.78	24d	1	0.25mi
2310 Fairfax St Jacksonville, FL	2.0	1.0	726	$600	$0.83	24d	1	0.26mi
2312 Fairfax St Jacksonville, FL	3.0	1.0	726	$650	$0.90	18d	1	0.26mi
1934 Ella St Jacksonville, FL	3.0	1.0	1045	$1,095	$1.05	21d	1	0.28mi
1845 W 13th St Unit 1 Jacksonville, FL	2.0	1.0	800	$850	$1.06	24d	1	0.28mi
1824 W 14th St Unit 3 Jacksonville, FL	2.0	1.0	674	$775	$1.15	24d	1	0.29mi
1537 W 7th St Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	8d	1	0.29mi
1537 7th St W Unit B Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	24d	1	0.29mi
1788 W 5th St Jacksonville, FL	3.0	2.0	948	$1,295	$1.37	24d	1	0.36mi
2210 Pullman Ave Jacksonville, FL	3.0	1.0	940	$1,050	$1.12	4d	1	0.36mi
1866 W 6th St Jacksonville, FL	3.0	1.0	1064	$1,120	$1.05	5d	1	0.40mi
1640 W 4th St Unit 1 Jacksonville, FL	4.0	2.0	1119	$1,675	$1.50	20d	1	0.41mi
2016 McMillan St Jacksonville, FL	2.0	1.0	812	$650	$0.80	24d	1	0.41mi
1525 W 15th St Jacksonville, FL	3.0	1.0	1100	$1,245	$1.13	24d	1	0.42mi
2116 McMillan St Jacksonville, FL	3.0	1.5	1120	$1,425	$1.27	22d	1	0.43mi
1783 W 3rd St Jacksonville, FL	3.0	1.0	816	$650	$0.80	24d	1	0.45mi
1319 Woods St Jacksonville, FL	3.0	2.0	1103	$1,221	$1.11	24d	1	0.46mi
2036 W 11th St Jacksonville, FL	2.0	2.5	698	$1,250	$1.79	22d	1	0.46mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	5d	1	0.47mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	24d	1	0.47mi
2012 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	21d	1	0.48mi
2008 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	22d	1	0.48mi
1934 W 6th St Jacksonville, FL	3.0	1.0	948	$1,125	$1.19	24d	1	0.49mi
1901 Pullman Ct Jacksonville, FL	2.0	1.0	969	$1,295	$1.34	8d	1	0.49mi
2004 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	22d	1	0.49mi
2100 Palafox St Jacksonville, FL	2.0	1.0	750	$975	$1.30	24d	1	0.49mi
2020 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	24d	1	0.49mi
2002 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	22d	2	0.49mi
1460 W 5th St Unit 1 Jacksonville, FL	2.0	1.0	700	$850	$1.21	13d	1	0.50mi
1460 W 5th St Jacksonville, FL	2.0	1.0	675	$875	$1.30	13d	1	0.50mi
1721 Campus St Jacksonville, FL	3.0	2.0	909	$1,400	$1.54	24d	1	0.50mi
2000 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	24d	1	0.50mi
1710 W 2nd St Unit A Jacksonville, FL	2.0	1.0	939	$800	$0.85	24d	1	0.53mi
1911 W 3rd St Jacksonville, FL	3.0	1.0	912	$1,050	$1.15	5d	1	0.53mi
2040 W 15th St Jacksonville, FL	2.0	1.0	1036	$1,050	$1.01	24d	1	0.55mi

Listing history 6 events

1. 2026-06-05
   status $45,000 Pending 26 DOM
2. 2026-06-03
   days on market $45,000 Active 26 DOM
3. 2026-06-02
   days on market $45,000 Active 25 DOM
4. 2026-06-01
   days on market $45,000 Active 24 DOM
5. 2026-05-31
   days on market $45,000 Active 23 DOM
6. 2026-05-08
   listed $45,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 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: $12,969
• − Mortgage interest: −$2,521
• − Property taxes: −$675
• − Insurance: −$225
• − Repairs & maintenance: −$1,038
• − Management: −$1,038
• − Depreciation: −$1,309
• Taxable income: $6,164
• Est. tax owed @ 24.0%: −$1,479
• After-tax cash flow: $5,034/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.

Condition & rehab AI · 5 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and improvements to become move-in ready. Significant work is needed on the roof, exterior, landscaping, and interior systems to increase its value.

Repairs flagged

• Major roof — Significant damage and potential leaks.
• Major exterior siding — Severe damage and peeling paint.
• Major interior walls and flooring — No condition assessment possible, but likely significant damage and wear.
• Major HVAC and mechanical systems — No condition assessment possible, but likely inoperable or in need of major repairs.
• Major landscaping — Overgrown and unkempt, detracting from curb appeal and property value.
• Major windows — No condition assessment possible, but likely in need of replacement or repair to improve energy efficiency and security.

Value-add opportunities

• Both Landscaping and exterior improvements — Aesthetic improvements can enhance both resale and rental value.
• Both HVAC and mechanical system upgrades — Modernizing these systems can improve comfort and energy efficiency, attracting buyers and renters.
• Both Interior repairs and updates — Addressing interior issues can significantly improve the home's livability and appeal to potential buyers and renters.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Significant damage and potential leaks.	Major	$15,000–50,000
exterior siding · Severe damage and peeling paint.	Major	$15,000–50,000
interior walls and flooring · No condition assessment possible, but likely significant damage and wear.	Major	$15,000–50,000
HVAC and mechanical systems · No condition assessment possible, but likely inoperable or in need of major repairs.	Major	$15,000–50,000
landscaping · Overgrown and unkempt, detracting from curb appeal and property value.	Major	$15,000–50,000
windows · No condition assessment possible, but likely in need of replacement or repair to improve energy efficiency and security.	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both Landscaping and exterior improvements — Aesthetic improvements can enhance both resale and rental value. ↑
• Both HVAC and mechanical system upgrades — Modernizing these systems can improve comfort and energy efficiency, attracting buyers and renters. ↑
• Both Interior repairs and updates — Addressing interior issues can significantly improve the home's livability and appeal to potential buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

1 event — show timeline

• 2026-05-08 Listed $45,000 realMLS