5150 Broadway Ave · Jacksonville, FL 32254

$165,000

3 bd · 2.0 ba · 1,176 sqft · SingleFamily public records · 81 Days on market

Built 1952 7,405 sqft lot Est $154k · 7% over

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Why this score? — see what drove the D+ 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 +15.0/30.0
• Appreciation +6.7/10.0
• DSCR +4.6/10.0
• ARV discount +4.3/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• 1% rule +3.3/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Great investment property being sold in “As Is” condition. This is a 3 bed room 1.5 bath concrete block home that features living room, family room, Kitchen/dining combo, inside laundry room. Nice back yard. Circular driver that gives more parking. Seller or Broker makes no representations or guarantees. Buyer to verify all information. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. See Document for The seller instruction.

Key facts

• 7,405 sq ft lot
• Built 1952
• Listed 81 days

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Circular driveway
• Utilities: Public sewer; Cable available; Electricity connected; Sewer connected; Water connected
• Home design: Single family residence; Residential use
• Exterior features: Lot approximately 0.17 acres; No private pool

Interior

• Kitchen: Electric range; Microwave; Refrigerator; Dishwasher
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air
• Interior features: Central heating; Central air
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $51 ($607/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $137k (17.1% below list).
• Recommended offer: $137k (17.1% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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 15d 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 $7k of equity ($1k loan paydown + $6k 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 $46k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $165k implies a 84% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — 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 $136,763 (17.1% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.83% ✗
• Cap rate: 6.66%
• Cash-on-cash: 1.31%
• DSCR: 1.06
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $154,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5125 Abel Ln	0.10mi	4/2.0 (+1)	1,264 (+8%)	7mo	$165,000	$131	72
3425 Greenbrier Dr	0.48mi	3/2.0	1,224 (+4%)	1mo	$169,900	$139	70
3461 Rockwood Dr	0.38mi	3/1.0	1,222 (+4%)	2mo	$67,000	$55	70
3242 Deason Ave	0.66mi	3/2.0	1,197 (+2%)	2mo	$223,500	$187	65
3406 Greenbrier Dr	0.51mi	2/1.0 (-1)	1,184 (+1%)	2mo	$132,500	$112	65
5140 Columbus Ave	0.16mi	3/1.0	1,314 (+12%)	8mo	$165,000	$126	62
3334 Mabry Ter	0.60mi	2/1.0 (-1)	1,189 (+1%)	13mo	$180,000	$151	51
3315 Sunnybrook Ave N	0.59mi	2/1.0 (-1)	1,212 (+3%)	10mo	$150,000	$124	50
718 Melson Ave	0.71mi	3/2.0	1,287 (+9%)	6mo	$200,000	$155	46
3370 Deason Ave	0.49mi	3/1.0	1,043 (-11%)	12mo	$110,000	$105	45
1050 Hood Ave	0.67mi	3/1.0	1,051 (-11%)	4mo	$73,000	$69	43
1056 Hood Ave	0.68mi	3/1.0	1,024 (-13%)	2mo	$154,500	$151	41

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: 9.2%
• Equity multiple: 1.54×
• Total profit: $24,917
• Equity at exit: $78,056

10-year hold

• IRR: 10.9%
• Equity multiple: 2.68×
• Total profit: $77,414
• Equity at exit: $123,389

Cash invested: $46,200 (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 32254

• Home prices YoY: 1.2%
• Rents YoY: 1.7%
• Active inventory: 172
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,368 high
• Mortgage (P&I): −$865
• Tax from tax record: −$96 /mo · $1,150/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $51

Break-even live

Break-even rent $1,304

Max offer price $165,000

Occupancy floor 91%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5148 Cain Ln Jacksonville, FL	3.0	1.0	1104	$1,306	$1.18	21d	1	0.06mi
5364 Mary Budd Ave Jacksonville, FL	3.0	2.0	836	$1,225	$1.47	3d	1	0.26mi
3433 Brookhaven Dr Jacksonville, FL	2.0	1.0	754	$1,295	$1.72	8d	1	0.41mi
3450 Lowell Ave Jacksonville, FL	3.0	2.0	1209	$1,578	$1.31	24d	1	0.41mi
3350 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	900	$1,095	$1.22	24d	1	0.56mi
3368 Columbus Ave Jacksonville, FL	2.0	1.0	955	$1,300	$1.36	4d	1	0.58mi
3303 Broadway Ave Jacksonville, FL	3.0	2.0	1072	$1,550	$1.45	4d	1	0.62mi
3305 Sunnybrook Ave N Jacksonville, FL	2.0	1.0	1012	$1,021	$1.01	24d	1	0.62mi
3326 W 1st St Jacksonville, FL	2.0	1.0	791	$995	$1.26	24d	1	0.76mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	8d	1	0.76mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	24d	1	0.76mi
5405 Leaming Ave Jacksonville, FL	3.0	1.0	924	$1,199	$1.30	17d	1	0.95mi
3012 Imperial St Jacksonville, FL	3.0	1.0	1089	$1,395	$1.28	24d	1	0.98mi
1305 Melson Ave Jacksonville, FL	3.0	2.0	1224	$1,399	$1.14	20d	1	1.01mi
3034 Detroit Cir E Jacksonville, FL	3.0	2.0	1300	$1,399	$1.08	24d	1	1.05mi
1037 Detroit St Jacksonville, FL	3.0	2.0	912	$1,250	$1.37	2d	1	1.08mi
3055 2nd Street Cir Jacksonville, FL	3.0	1.5	1050	$1,340	$1.28	17d	1	1.09mi
3101 3rd Street Cir N Jacksonville, FL	2.0	1.0	870	$1,150	$1.32	8d	1	1.15mi
3688 Dillon St Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	24d	1	1.16mi
1227 Dena St Jacksonville, FL	3.0	1.0	1033	$1,325	$1.28	24d	1	1.16mi
2851 Sophia St Jacksonville, FL	2.0	1.0	846	$1,000	$1.18	24d	3	1.25mi
2862 W 1st St Unit 1 Jacksonville, FL	2.0	1.0	800	$895	$1.12	15d	1	1.26mi
2862 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	4d	1	1.26mi
912 Huron St Jacksonville, FL	2.0	1.0	900	$1,100	$1.22	15d	1	1.26mi
2913 W 2nd St Jacksonville, FL	2.0	1.0	720	$1,000	$1.39	2d	1	1.28mi
2852 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	8d	1	1.28mi
2965 Sunset St Jacksonville, FL	3.0	2.0	1056	$1,375	$1.30	4d	1	1.28mi
2965 Sunset St Jacksonville, FL	3.0	1.5	1056	$1,375	$1.30	8d	1	1.28mi
1612 Alfen St Jacksonville, FL	3.0	1.5	945	$1,113	$1.18	8d	1	1.29mi
4718 Ramona Blvd Jacksonville, FL	3.0	1.0	1085	$1,595	$1.47	24d	1	1.31mi
3515 Dignan St Jacksonville, FL	3.0	1.0	915	$1,036	$1.13	3d	1	1.33mi
853 Mikael Ave Jacksonville, FL	3.0	2.0	1025	$1,600	$1.56	24d	1	1.34mi
3550 Edison Ave Jacksonville, FL	3.0	2.0	1230	$1,463	$1.19	4d	1	1.36mi
3352 Dillon St Jacksonville, FL	3.0	2.0	1229	$1,372	$1.12	24d	1	1.36mi
2939 W 6th St Jacksonville, FL	3.0	2.0	1269	$1,225	$0.97	2d	1	1.37mi
2902 W 5th St Jacksonville, FL	3.0	2.0	1379	$1,050	$0.76	8d	1	1.38mi
214 Santa Barbara Ave Jacksonville, FL	3.0	2.0	1127	$1,308	$1.16	15d	1	1.39mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	24d	1	1.40mi
628 Meteor St Jacksonville, FL	3.0	1.0	1123	$1,395	$1.24	24d	1	1.40mi
740 Ernona St Jacksonville, FL	2.0	1.0	800	$1,200	$1.50	8d	1	1.43mi

Listing history 20 events

1. 2026-06-16
   status $165,000 Pending 81 DOM
2. 2026-06-15
   days on market $165,000 Active Under Contract 81 DOM
3. 2026-06-13
   days on market $165,000 Active Under Contract 78 DOM
4. 2026-06-10
   days on market $165,000 Active Under Contract 75 DOM
5. 2026-06-08
   days on market $165,000 Active Under Contract 74 DOM
6. 2026-06-07
   statusdays on market $165,000 Active Under Contract 73 DOM
7. 2026-06-03
   days on market $165,000 Active 69 DOM
8. 2026-06-02
   days on market $165,000 Active 68 DOM
9. 2026-06-01
   days on market $165,000 Active 67 DOM
10. 2026-05-31
    days on market $165,000 Active 66 DOM
11. 2026-05-18
    price $165,000
12. 2026-03-26
    listed $175,000 Active
13. 2018-11-08
    soldstatus $89,900
14. 2018-08-19
    status Pending
15. 2018-08-11
    listed $89,900 Active
16. 2014-10-17
    soldstatus $16,000 Sold 616-char remark

    Show marketing remark (616 chars)

    Great investment property being sold in “As Is” condition. This is a 3 bed room 1.5 bath concrete block home that features living room, family room, Kitchen/dining combo, inside laundry room. Nice back yard. Circular driver that gives more parking. Seller or Broker makes no representations or guarantees. Buyer to verify all information. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. See Document for The seller instruction.

17. 2014-10-15
    status Pending 616-char remark

    Show marketing remark (616 chars)

    Great investment property being sold in “As Is” condition. This is a 3 bed room 1.5 bath concrete block home that features living room, family room, Kitchen/dining combo, inside laundry room. Nice back yard. Circular driver that gives more parking. Seller or Broker makes no representations or guarantees. Buyer to verify all information. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. See Document for The seller instruction.

18. 2014-08-21
    listed $19,900 Active 616-char remark

    Show marketing remark (616 chars)

    Great investment property being sold in “As Is” condition. This is a 3 bed room 1.5 bath concrete block home that features living room, family room, Kitchen/dining combo, inside laundry room. Nice back yard. Circular driver that gives more parking. Seller or Broker makes no representations or guarantees. Buyer to verify all information. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. See Document for The seller instruction.

19. 2004-04-30
    soldstatus $75,000
20. 1980-09-01
    soldstatus $29,000

ⓘ 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: $1,150 · $96/mo
• Projected year-2 tax: $1,370 · $114/mo
• Expected delta: +$220/yr (+$18/mo · 19.1%)

ⓘ 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 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 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,412
• − Mortgage interest: −$9,243
• − Property taxes: −$1,150
• − Insurance: −$825
• − Repairs & maintenance: −$1,313
• − Management: −$1,313
• − Depreciation: −$4,800
• Taxable loss: −$2,232
• Est. tax savings @ 24.0%: +$536
• After-tax cash flow: $1,142/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

+469.0% since first listed

10 events — show timeline

• 2026-05-18 Price Changed $165,000 realMLS
• 2026-03-26 Listed $175,000 realMLS
• 2018-11-08 Sold (Public Records) $89,900 Public Records
• 2018-08-19 Pending — realMLS
• 2018-08-11 Listed $89,900 realMLS
• 2014-10-17 Sold (MLS) $16,000 realMLS
• 2014-10-15 Pending — realMLS
• 2014-08-21 Listed $19,900 realMLS
• 2004-04-30 Sold (Public Records) $75,000 Public Records
• 1980-09-01 Sold (Public Records) $29,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $1,150 · +21.4% YoY. Source: county tax records.