340 Birch St · Jacksonville, FL 32206

$110,000

2 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 8 Days on market

Built 1926 3,920 sqft lot Est $96k · 15% 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 +20.4/30.0
• DSCR +6.5/10.0
• 1% rule +5.3/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.8/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Here's your chance to own this awesome home. Suitable for a family or an investor looking for a turnkey cash flowing opportunity. Newer kitchen, flooring, roof and updated bathrooms. Property was previously rented for 10 years and has been upgraded for sale. Don't hesitate come by and see this beauty today.

Key facts

• 3,920 sq ft lot
• Parking
• Built 1926

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Carport (1 space)
• Utilities: Public sewer; Other utilities
• Home design: Single-family residence; Entry level: 1
• Exterior features: Other detached structures on the property; Lot approximately 0.09 acres

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Cooling system (other)
• Interior features: Electric range; Refrigerator
• Laundry & utility: Unfurnished (no provided washer/dryer)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $144 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Cap rate 7.9% 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.
• Zoned schools: North Shore Elementary (math 49% / reading 36%, grade F, #1,383 of 2,144 statewide, top 65%, 701 students, 86% FRL); Matthew W. Gilbert Middle School (math 26% / reading 17%, grade F, #553 of 571 statewide, top 97%, 688 students, 86% FRL); Jean Ribault High School (math 22% / reading 25%, grade F, #533 of 667 statewide, top 80%, 1,385 students, 71% FRL) — zoned schools average 81% FRL vs 49% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 29% at this address vs 46% district-wide (-16 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 35% of the median local income ($39k/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 $761 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 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 21y 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.
• Current owner paid $51k; list at $110k implies a 116% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — 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 $110,000

Questions for the listing agent

1. Built in 1926 — 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. 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?
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: 1.03% ✓
• Cap rate: 7.86%
• Cash-on-cash: 5.61%
• DSCR: 1.25
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $95,760
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
334 Birch St	0.01mi	3/1.0 (+1)	1,008 (0%)	4mo	$50,000	$50	91
28 W 35th St	0.33mi	3/1.5 (+1)	1,034 (+3%)	4mo	$110,000	$106	70
2822 Flanders St #8-19	0.54mi	2/1.0	983 (-2%)	5mo	$58,000	$59	67
4562 Notter Ave	0.33mi	3/2.0 (+1)	1,052 (+4%)	4mo	$139,000	$132	65
705 Oak Arbor Cir	0.31mi	3/2.0 (+1)	1,094 (+8%)	1mo	$160,000	$146	62
2830 Saturn Ave	0.58mi	3/1.0 (+1)	960 (-5%)	2mo	$72,000	$75	59
4808 Silver St	0.46mi	3/1.0 (+1)	1,120 (+11%)	1mo	$135,000	$121	54
3410 N Lee St	0.68mi	3/1.0 (+1)	1,056 (+5%)	3mo	$100,000	$95	53
1004 W 26th St	0.66mi	3/1.0 (+1)	936 (-7%)	2mo	$102,500	$110	51
3032 Laura St N	0.40mi	3/1.0 (+1)	1,150 (+14%)	4mo	$70,000	$61	50
632 Ivy St	0.46mi	3/1.0 (+1)	890 (-12%)	5mo	$45,000	$51	50
2727 N N Davis Rd St	0.73mi	3/1.0 (+1)	904 (-10%)	1mo	$78,000	$86	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 · 0.94% rent growth · sell at horizon

5-year hold

• IRR: -9.9%
• Equity multiple: 0.64×
• Total profit: $-10,946
• Equity at exit: $16,401

10-year hold

• IRR: -3.6%
• Equity multiple: 0.78×
• Total profit: $-6,737
• Equity at exit: $9,511

Cash invested: $30,800 (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 32206

• Home prices YoY: -23.7%
• Rents YoY: 0.9%
• Active inventory: 194
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,132 high
• Mortgage (P&I): −$577
• Tax from tax record: −$128 /mo · $1,536/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$238
• Net cashflow: $144

Break-even live

Break-even rent $950

Max offer price $110,000

Occupancy floor 82%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3732 Lehigh St Jacksonville, FL	2.0	1.0	850	$900	$1.06	15d	1	0.02mi
3730 Lehigh St Unit 3730 Jacksonville, FL	2.0	1.0	850	$900	$1.06	15d	1	0.03mi
154 W 28th St Jacksonville, FL	2.0	2.0	818	$1,138	$1.39	17d	1	0.06mi
118 W 28th St Jacksonville, FL	3.0	2.0	1332	$1,250	$0.94	24d	1	0.12mi
326 Basswood St Jacksonville, FL	3.0	2.0	1317	$1,550	$1.18	24d	1	0.13mi
3728 Silver St Jacksonville, FL	2.0	1.0	916	$1,100	$1.20	24d	1	0.13mi
3927 Notter Ave Jacksonville, FL	2.0	1.0	738	$850	$1.15	21d	1	0.17mi
3927 Notter Ave Jacksonville, FL	2.0	1.0	738	$850	$1.15	14d	1	0.17mi
347 W 23rd St Jacksonville, FL	3.0	1.5	1176	$1,112	$0.95	8d	1	0.24mi
528 W 25th St Jacksonville, FL	2.0	1.0	944	$1,100	$1.17	24d	1	0.26mi
204 W 23rd St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	2d	1	0.26mi
134 W 23rd St Jacksonville, FL	2.0	1.0	768	$1,050	$1.37	24d	1	0.27mi
3914 Springfield Blvd Jacksonville, FL	2.0	1.0	858	$1,050	$1.22	24d	1	0.28mi
3914 Springfield Blvd Jacksonville, FL	2.0	1.0	858	$1,050	$1.22	4d	1	0.28mi
451 Long Branch Blvd Unit 451 Jacksonville, FL	2.0	1.0	1000	$1,350	$1.35	24d	1	0.31mi
34 W 23rd St Jacksonville, FL	3.0	1.5	962	$1,400	$1.46	24d	1	0.31mi
539 W 23rd St #3 Jacksonville, FL	1.0	1.0	795	$775	$0.97	24d	1	0.33mi
666 Basswood St Jacksonville, FL	3.0	1.0	1002	$1,400	$1.40	24d	1	0.38mi
3020 N Laura St Jacksonville, FL	3.0	1.0	1162	$1,300	$1.12	24d	1	0.38mi
2906 Silver St Unit 01 Jacksonville, FL	2.0	1.0	840	$895	$1.07	24d	1	0.42mi
522 W 21st St Jacksonville, FL	3.0	2.0	1045	$1,350	$1.29	24d	1	0.43mi
511 Ivy St Jacksonville, FL	2.0	1.0	900	$995	$1.11	24d	1	0.44mi
22 W 38th St Jacksonville, FL	2.0	1.0	800	$1,100	$1.38	24d	1	0.47mi
643 Linwood Ave Jacksonville, FL	3.0	2.0	1232	$1,325	$1.08	3d	1	0.48mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,095	$1.02	21d	1	0.48mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,075	$1.00	14d	1	0.48mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,095	$1.02	21d	1	0.48mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,075	$1.00	4d	1	0.48mi
4918 N Pearl St Jacksonville, FL	2.0	1.0	850	$895	$1.05	24d	1	0.50mi
517 W 18th St Unit 3 Jacksonville, FL	1.0	1.0	1150	$995	$0.87	4d	1	0.53mi
849 W 30th St Apt 3 Jacksonville, FL	2.0	1.0	750	$965	$1.29	24d	1	0.54mi
4721 E Castlewood Dr Jacksonville, FL	3.0	1.0	1008	$1,250	$1.24	24d	1	0.56mi
610 W 18th St Unit 2 Jacksonville, FL	2.0	1.0	750	$825	$1.10	2d	1	0.59mi
610 W 18th St Unit 1 Jacksonville, FL	2.0	1.0	750	$825	$1.10	24d	1	0.59mi
916 W 25th St Jacksonville, FL	2.0	1.0	816	$1,025	$1.26	17d	1	0.61mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	4d	1	0.62mi
2817 Mars Ave Jacksonville, FL	2.0	1.0	945	$975	$1.03	21d	1	0.65mi
112 E 17th St Unit 1 Jacksonville, FL	1.0	1.0	700	$800	$1.14	24d	1	0.66mi
203 E 17th St #1 Jacksonville, FL	1.0	1.0	943	$847	$0.90	24d	1	0.68mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,181	$1.45	24d	69	0.69mi

Listing history 7 events

1. 2026-06-18
   days on market $110,000 Active 8 DOM
2. 2026-06-17
   days on market $110,000 Active 7 DOM
3. 2026-06-16
   days on market $110,000 Active 6 DOM
4. 2026-06-15
   days on market $110,000 Active 5 DOM
5. 2026-06-13
   days on market $110,000 Active 3 DOM
6. 2026-06-13
   remarks 449-char remark
7. 2026-06-13
   listed $110,000 Active 2 DOM

ⓘ 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: $1,536 · $128/mo
• Projected year-2 tax: $1,536 · $128/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) · 20% 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: $13,590
• − Mortgage interest: −$6,162
• − Property taxes: −$1,536
• − Insurance: −$550
• − Repairs & maintenance: −$1,087
• − Management: −$1,087
• − Depreciation: −$3,200
• Taxable loss: −$33
• Est. tax savings @ 24.0%: +$8
• After-tax cash flow: $1,735/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): 17,105
• Household income: $39,242
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 1057.0

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 (65%)
• Race & ethnicity: Black 65% White 22% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Arabic 1% German/W. Germanic 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: ▼ -64.55%
• Current HPI: 208.1852
• Rent YoY: ▲ 0.94%
• 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

+450.0% since first listed

20 events — show timeline

• 2026-06-03 Listed $110,000 realMLS
• 2020-07-31 Sold (Public Records) $51,000 Public Records
• 2020-07-20 Sold (Public Records) $49,000 Public Records
• 2020-07-16 Sold (MLS) $49,000 realMLS
• 2020-07-02 Pending — realMLS
• 2020-06-22 Relisted — realMLS
• 2020-06-10 Pending — realMLS
• 2020-05-08 Relisted — realMLS
• 2020-05-07 Listing Removed — realMLS
• 2020-04-28 Listed $55,000 realMLS
• 2008-01-30 Listing Removed — realMLS
• 2008-01-29 Sold (MLS) $23,500 realMLS
• 2007-12-13 Listed $34,900 realMLS
• 2007-11-30 Listing Removed — realMLS
• 2007-02-19 Listing Removed — realMLS
• 2007-02-16 Listed $34,900 realMLS
• 2006-08-18 Listed $59,900 realMLS
• 2005-11-08 Listing Removed — realMLS
• 2005-07-11 Listed $64,000 realMLS
• 1999-06-28 Sold (Public Records) $20,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $1,536 · +20.7% YoY. Source: county tax records.