9170 Madison Ave · Jacksonville, FL 32208

$90,000

2 bd · 1.0 ba · 708 sqft · SingleFamily public records · 147 Days on market

Built 1948 4,791 sqft lot Est $86k · 5% over

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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 +29.3/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +5.2/15.0
• 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

The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

Key facts

• 2021 roof
• Near parks
• Convenient location

Tags

• RIVERVIEW NEIGHBORHOOD
• 2021 ROOF
• DETACHED GARAGE
• CONVENIENT LOCATION
• NEAR MAJOR ROADWAYS
• NEAR PARKS

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Detached garage; Off-street parking; On-street parking; 1 garage space
• Utilities: Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Entry level on 1st floor
• Construction: Frame construction with wood siding; Shingle roof
• Exterior features: Front porch; Rear porch; Chain link fencing; City street frontage; Asphalt road surface

Interior

• Kitchen: No built-in appliances listed
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Eat-in kitchen; Primary bathroom with tub and shower
• Laundry & utility: Washer hookup in unit; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $316 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% 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; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 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 35% 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 $622 of loan paydown is wiped out by about $3k 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 147 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 25y 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 1948 — expect roof / HVAC / electrical / plumbing capex.
• 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 $79,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 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 1948 — 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: 1.34% ✓
• Cap rate: 10.51%
• Cash-on-cash: 15.07%
• DSCR: 1.67
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $85,668
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9170 Madison Ave	0.00mi	2/1.0	708 (0%)	0mo	$75,000	$106	100
9035 Adams Ave	0.18mi	2/1.0	672 (-5%)	11mo	$94,000	$140	74
9162 6th Ave	0.47mi	2/1.0	672 (-5%)	0mo	$104,900	$156	69
2116 4th Ave	0.44mi	2/1.0	720 (+2%)	11mo	$149,000	$207	67
8974 Jackson Ave	0.26mi	2/1.0	808 (+14%)	2mo	$69,000	$85	62
9230 4th Ave	0.38mi	2/1.0	752 (+6%)	12mo	$36,000	$48	62
8719 5th Ave	0.66mi	2/1.0	700 (-1%)	14mo	$85,000	$121	56
9152 6th Ave	0.47mi	2/1.0	792 (+12%)	4mo	$119,000	$150	55
2140 Jayson Ave	0.53mi	3/1.0 (+1)	768 (+8%)	3mo	$82,000	$107	54
9216 9th Ave	0.62mi	2/1.0	663 (-6%)	20mo	$129,000	$195	44
9703 Campus Ave	0.67mi	3/2.0 (+1)	760 (+7%)	6mo	$90,000	$118	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 2.2%
• Equity multiple: 1.08×
• Total profit: $2,065
• Equity at exit: $13,419

10-year hold

• IRR: 8.6%
• Equity multiple: 1.56×
• Total profit: $14,201
• Equity at exit: $7,782

Cash invested: $25,200 (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: 6.2×

Monthly cashflow live

• Estimated rent: $1,206 high
• Mortgage (P&I): −$472
• Tax from tax record: −$127 /mo · $1,526/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $316

Break-even live

Break-even rent $806

Max offer price $90,000

Occupancy floor 69%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9248 9th Ave Jacksonville, FL	2.0	1.0	646	$995	$1.54	23d	1	0.60mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	23d	1	0.73mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,376	$1.45	2d	9	1.10mi
10535 Lem Turner Rd Jacksonville, FL	1.0–4.0	1.0–2.0	1012	$1,279	$1.26	3d	40	1.24mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,368	$1.33	1d	42	1.35mi

Listing history 26 events

1. 2026-05-05
   status Pending
2. 2026-04-14
   status Active
3. 2026-03-27
   historical
4. 2026-03-19
   status Active
5. 2026-02-16
   price $90,000
6. 2026-02-16
   historical
7. 2026-01-14
   price $73,000
8. 2026-01-06
   price $74,000
9. 2025-12-09
   price $75,000
10. 2025-12-04
    price $77,500
11. 2025-11-18
    price $79,000
12. 2025-11-13
    price $80,000
13. 2025-11-04
    price $85,000
14. 2025-10-21
    listed $90,000 Active
15. 2025-10-10
    soldstatus $718,700
16. 2015-01-22
    historical 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

17. 2014-10-11
    status Active 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

18. 2014-10-10
    historical 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

19. 2014-09-24
    price $26,800 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

20. 2014-09-24
    price $28,800 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

21. 2014-09-24
    listed $29,800 Active 187-char remark

    Show marketing remark (187 chars)

    The owner has lowered the price and wants this home sold! All reasonable offers will be considered. This bungalow features 2 beds, 1 bath and outside storage. Schedule your showing today!

22. 2004-08-01
    historical 294-char remark

    Show marketing remark (294 chars)

    THIS CUTE BUNGALOW HAS BEEN TOTALLY REMODELED & SELLER WILL INSTALL NEW CH/A, RANGE & REFRIG PRIOR TO CLOSING WITH ACCEPTABLE CONTRACT. THIS WILL BE CHEAPER THAN RENT & VERY LOW MAINTENANCE FOR YEARS. HOME HAS CEDAR SIDING. APPLIANCES & CH/A WILL NOT BE INSTALLED UNTIL CLOSING.

23. 2003-03-13
    listed $56,900 294-char remark

    Show marketing remark (294 chars)

    THIS CUTE BUNGALOW HAS BEEN TOTALLY REMODELED & SELLER WILL INSTALL NEW CH/A, RANGE & REFRIG PRIOR TO CLOSING WITH ACCEPTABLE CONTRACT. THIS WILL BE CHEAPER THAN RENT & VERY LOW MAINTENANCE FOR YEARS. HOME HAS CEDAR SIDING. APPLIANCES & CH/A WILL NOT BE INSTALLED UNTIL CLOSING.

24. 2001-08-02
    historical
25. 2001-02-02
    listed $59,900
26. 1990-03-01
    soldstatus $15,000

ⓘ 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: $1,526 · $127/mo
• Projected year-2 tax: $1,526 · $127/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 2/10 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 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,477
• − Mortgage interest: −$5,041
• − Property taxes: −$1,526
• − Insurance: −$450
• − Repairs & maintenance: −$1,158
• − Management: −$1,158
• − Depreciation: −$2,618
• Taxable income: $2,526
• Est. tax owed @ 24.0%: −$606
• After-tax cash flow: $3,192/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

+500.0% since first listed

26 events — show timeline

• 2026-05-05 Pending — realMLS
• 2026-04-14 Relisted — realMLS
• 2026-03-27 Listing Removed — realMLS
• 2026-03-19 Relisted — realMLS
• 2026-02-16 Listing Removed — realMLS
• 2026-02-16 Price Changed $90,000 realMLS
• 2026-01-14 Price Changed $73,000 realMLS
• 2026-01-06 Price Changed $74,000 realMLS
• 2025-12-09 Price Changed $75,000 realMLS
• 2025-12-04 Price Changed $77,500 realMLS
• 2025-11-18 Price Changed $79,000 realMLS
• 2025-11-13 Price Changed $80,000 realMLS
• 2025-11-04 Price Changed $85,000 realMLS
• 2025-10-21 Listed $90,000 realMLS
• 2025-10-10 Sold (Public Records) $718,700 Public Records
• 2015-01-22 Listing Removed — realMLS
• 2014-10-11 Relisted — realMLS
• 2014-10-10 Listing Removed — realMLS
• 2014-09-24 Listed $29,800 realMLS
• 2014-09-24 Price Changed $28,800 realMLS
• 2014-09-24 Price Changed $26,800 realMLS
• 2004-08-01 Listing Removed — realMLS
• 2003-03-13 Listed $56,900 realMLS
• 2001-08-02 Listing Removed — realMLS
• 2001-02-02 Listed $59,900 realMLS
• 1990-03-01 Sold (Public Records) $15,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $1,526 · +20.5% YoY. Source: county tax records.