8004 Delaware Ave · Jacksonville, FL 32208

$90,000

2 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 13 Days on market

Built 1944 6,534 sqft lot Est $93k · at est.

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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
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• ARV discount +8.7/15.0
• 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

2 bed 1 bath available

Key facts

• Easy access to i-95
• Florida room
• Fenced backyard

Tags

• FLORIDA ROOM
• FENCED BACKYARD
• BUILT-IN BOOKCASE
• DETACHED GARAGE
• EASY ACCESS TO I-95

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 $357 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Cap rate 11.1% 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 39% 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

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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 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→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,000

Questions for the listing agent

1. Built in 1944 — 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: 1.48% ✓
• Cap rate: 11.05%
• Cash-on-cash: 17.01%
• DSCR: 1.76
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $92,568
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8004 Delaware Ave	0.00mi	3/1.0 (+1)	1,064 (0%)	1mo	$60,000	$56	94
1116 Stark St	0.05mi	3/1.0 (+1)	1,190 (+12%)	2mo	$65,000	$55	71
7632 Lueders Ave	0.40mi	3/1.0 (+1)	1,024 (-4%)	6mo	$144,000	$141	65
1012 Brandywine St	0.15mi	3/1.0 (+1)	945 (-11%)	6mo	$115,000	$122	64
7848 Tory Pl N	0.60mi	2/1.0	1,047 (-2%)	7mo	$91,100	$87	64
8608 2nd Ave	0.52mi	3/2.0 (+1)	1,045 (-2%)	4mo	$155,000	$148	61
815 Cornwallis Dr	0.57mi	3/1.0 (+1)	1,042 (-2%)	8mo	$85,000	$82	58
8053 Lexington Dr	0.38mi	3/1.0 (+1)	954 (-10%)	3mo	$85,000	$89	57
1224 Kennard St	0.56mi	3/2.0 (+1)	1,092 (+3%)	6mo	$50,000	$46	56
8728 1st Ave	0.55mi	3/1.0 (+1)	972 (-9%)	9mo	$35,000	$36	47
1230 Kennard St	0.56mi	3/2.0 (+1)	1,209 (+14%)	8mo	$240,000	$199	36
8953 Adams Ave	0.71mi	3/2.0 (+1)	1,176 (+10%)	8mo	$90,000	$77	33

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: 4.6%
• Equity multiple: 1.17×
• Total profit: $4,329
• Equity at exit: $13,419

10-year hold

• IRR: 10.9%
• Equity multiple: 1.72×
• Total profit: $18,264
• 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: 5.6×

Monthly cashflow live

• Estimated rent: $1,329 high
• Mortgage (P&I): −$472
• Tax from tax record: −$183 /mo · $2,200/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $357

Break-even live

Break-even rent $877

Max offer price $90,000

Occupancy floor 68%

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 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	0.23mi
7927 Reid Ave Jacksonville, FL	3.0	1.0	1055	$1,500	$1.42	23d	1	0.27mi
912 Saratoga Blvd Jacksonville, FL	3.0	1.0	930	$1,250	$1.34	23d	1	0.34mi
8253 Lexington Dr Jacksonville, FL	3.0	1.0	910	$1,330	$1.46	23d	1	0.38mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	10d	1	0.52mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	1d	1	0.53mi
7350 Linda Dr Jacksonville, FL	1.0	1.0	954	$795	$0.83	7d	1	0.62mi
8721 4th Ave Jacksonville, FL	3.0	1.5	1344	$1,399	$1.04	23d	1	0.63mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	23d	1	0.64mi
8918 1st Ave Jacksonville, FL	3.0	2.0	1435	$1,321	$0.92	16d	1	0.73mi
8973 4th Ave Jacksonville, FL	3.0	2.0	1230	$1,438	$1.17	14d	1	0.84mi
9017 6th Ave Jacksonville, FL	2.0	1.0	1038	$1,098	$1.06	23d	1	0.92mi
9124 Adams Ave Jacksonville, FL	3.0	3.0	1207	$1,800	$1.49	23d	1	0.93mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	7d	1	0.93mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,376	$1.45	2d	9	0.93mi
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	3d	1	0.95mi
9037 6th Ave Jacksonville, FL	3.0	2.0	1156	$1,400	$1.21	23d	1	0.96mi
9050 7th Ave Jacksonville, FL	3.0	1.0	896	$1,485	$1.66	23d	1	1.00mi
9032 8th Ave Jacksonville, FL	3.0	2.0	1300	$1,500	$1.15	23d	1	1.01mi
9131 4th Ave Jacksonville, FL	3.0	2.0	1209	$1,496	$1.24	21d	1	1.01mi
5903 Droad St Jacksonville, FL	3.0	1.0	1161	$1,400	$1.21	2d	1	1.05mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,368	$1.33	1d	42	1.08mi
2312 Palmdale St Jacksonville, FL	3.0	2.0	972	$1,231	$1.27	23d	1	1.08mi
7210 Elwood Ave Jacksonville, FL	2.0	1.0	831	$995	$1.20	21d	1	1.09mi
7511 N Shore Dr Jacksonville, FL	2.0	1.0	1014	$1,350	$1.33	4d	1	1.11mi
9565 Carbondale Dr W Unit B Jacksonville, FL	3.0	2.0	1400	$2,000	$1.43	23d	1	1.17mi
1567 Rutledge Ave Jacksonville, FL	3.0	2.0	1050	$1,113	$1.06	23d	1	1.17mi
9279 6th Ave Jacksonville, FL	3.0	2.0	1150	$1,245	$1.08	4d	1	1.19mi
472 W 65th St Jacksonville, FL	3.0	1.0	1312	$1,295	$0.99	21d	1	1.20mi
961 Dorchester St Jacksonville, FL	2.0	1.0	884	$1,025	$1.16	2d	1	1.21mi
780 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1164	$1,771	$1.52	3d	16	1.21mi
9141 12th Ave Jacksonville, FL	3.0	2.0	1209	$1,598	$1.32	20d	1	1.21mi
346 W 68th St Jacksonville, FL	3.0	1.0	1114	$1,385	$1.24	4d	1	1.24mi
7124 Lorain St Jacksonville, FL	3.0	1.0	864	$1,043	$1.21	2d	1	1.25mi
9148 13th Ave Jacksonville, FL	3.0	1.0	1126	$1,136	$1.01	3d	1	1.27mi
920 Alderside St Jacksonville, FL	3.0	1.0	1255	$1,195	$0.95	4d	1	1.28mi
9346 10th Ave Jacksonville, FL	3.0	1.0	985	$1,825	$1.85	23d	1	1.37mi
535 W 59th St Jacksonville, FL	3.0	2.0	816	$1,395	$1.71	7d	1	1.40mi
1750 Rutledge Ave Jacksonville, FL	3.0	2.0	1250	$1,358	$1.09	14d	1	1.43mi
1536 W 45th St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	23d	1	1.44mi

Listing history 11 events

1. 2026-04-21
   status Pending
2. 2026-04-08
   listed $90,000 Active
3. 2022-01-25
   soldstatus $110,000
4. 2022-01-14
   soldstatus $110,000 Sold 22-char remark

   Show marketing remark (22 chars)

   2 bed 1 bath available

5. 2021-11-19
   historical 22-char remark

   Show marketing remark (22 chars)

   2 bed 1 bath available

6. 2021-11-19
   listed $100,000 22-char remark

   Show marketing remark (22 chars)

   2 bed 1 bath available

7. 2006-03-07
   historical 214-char remark

   Show marketing remark (214 chars)

   Wow what a great opportunity. This 3 bedroom 1 bath home could be a very cute mostly brick bungalow with just a little work. Newer gas heater. Detached 1 car garage. Close to I-95 and down town and the airport.

8. 2006-03-03
   soldstatus $80,000
9. 2006-02-27
   soldstatus $80,000 214-char remark

   Show marketing remark (214 chars)

   Wow what a great opportunity. This 3 bedroom 1 bath home could be a very cute mostly brick bungalow with just a little work. Newer gas heater. Detached 1 car garage. Close to I-95 and down town and the airport.

10. 2006-01-29
    listed $99,000 214-char remark

    Show marketing remark (214 chars)

    Wow what a great opportunity. This 3 bedroom 1 bath home could be a very cute mostly brick bungalow with just a little work. Newer gas heater. Detached 1 car garage. Close to I-95 and down town and the airport.

11. 1997-04-24
    soldstatus $47,000

ⓘ 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: $2,200 · $183/mo
• Projected year-2 tax: $2,200 · $183/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) · 22% 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 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,947
• − Mortgage interest: −$5,041
• − Property taxes: −$2,200
• − Insurance: −$450
• − Repairs & maintenance: −$1,276
• − Management: −$1,276
• − Depreciation: −$2,618
• Taxable income: $3,087
• Est. tax owed @ 24.0%: −$741
• After-tax cash flow: $3,544/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

+91.5% since first listed

11 events — show timeline

• 2026-04-21 Pending — realMLS
• 2026-04-08 Listed $90,000 realMLS
• 2022-01-25 Sold (Public Records) $110,000 Public Records
• 2022-01-14 Sold (MLS) $110,000 realMLS
• 2021-11-19 Listed $100,000 realMLS
• 2021-11-19 Listing Removed — realMLS
• 2006-03-07 Listing Removed — realMLS
• 2006-03-03 Sold (Public Records) $80,000 Public Records
• 2006-02-27 Sold (MLS) $80,000 realMLS
• 2006-01-29 Listed $99,000 realMLS
• 1997-04-24 Sold (Public Records) $47,000 Public Records

Property tax history

+6.3%/yr

Latest (2025): $2,200 · +11.5% YoY. Source: county tax records.