9025 Monroe Ave · Jacksonville, FL 32208

$125,000

2 bd · 1.0 ba · 997 sqft · SingleFamily public records · 243 Days on market

Built 1948 0.25 ac lot Est $117k · 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 +20.3/30.0
• DSCR +6.5/10.0
• 1% rule +5.6/10.0
• ARV discount +4.3/15.0
• 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

Great deal on cute brick bungalow in establish community near trout river. Large 2 car detached garage and huge back yard! Priced to sale! Bring all offers!

Key facts

• New flooring
• Large backyard
• Updated kitchen

Tags

• UPDATED KITCHEN
• NEW FLOORING
• NEW ROOF
• LARGE BACKYARD
• TURNKEY INVESTMENT OPPORTUNITY
• STRONG RENTAL MARKET

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Garage; 2-car garage
• Utilities: Electricity connected; Sewer connected; Water connected
• Home design: Single Family Residence; Used as single family
• Exterior features: Quarter-acre lot

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% 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; 20 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 38% 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 $864 of loan paydown is wiped out by about $4k 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 243 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 24y ago; this cycle's ask has dropped $14k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $26k; list at $125k implies a 381% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; 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 (12.0% below list)

Questions for the listing agent

1. It's been on market 243 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. 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: 1.06% ✓
• Cap rate: 7.84%
• Cash-on-cash: 5.52%
• DSCR: 1.25
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $116,649
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9058 Jefferson Ave	0.12mi	3/1.0 (+1)	936 (-6%)	0mo	$94,250	$101	79
9106 Jefferson Ave	0.15mi	3/2.0 (+1)	1,048 (+5%)	12mo	$160,000	$153	66
1914 Grand St	0.20mi	3/1.0 (+1)	1,084 (+9%)	8mo	$115,000	$106	65
8728 1st Ave	0.49mi	3/1.0 (+1)	972 (-2%)	9mo	$35,000	$36	60
9115 Tyler Ave	0.21mi	2/1.0	866 (-13%)	13mo	$140,020	$162	58
8726 4th Ave	0.58mi	2/1.0	952 (-4%)	10mo	$85,000	$89	57
9007 Van Buren Ave	0.11mi	3/1.0 (+1)	1,142 (+14%)	12mo	$195,000	$171	56
9135 5th Ave	0.49mi	3/1.0 (+1)	896 (-10%)	1mo	$80,500	$90	54
8951 6th Ave	0.53mi	2/1.0	1,122 (+12%)	3mo	$108,000	$96	52
9043 8th Ave	0.62mi	3/1.0 (+1)	952 (-4%)	10mo	$111,500	$117	50
8608 2nd Ave	0.64mi	3/2.0 (+1)	1,045 (+5%)	4mo	$155,000	$148	50
8652 4th Ave	0.66mi	3/2.0 (+1)	1,122 (+12%)	10mo	$187,000	$167	31

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: -11.2%
• Equity multiple: 0.60×
• Total profit: $-13,845
• Equity at exit: $18,638

10-year hold

• IRR: -7.1%
• Equity multiple: 0.61×
• Total profit: $-13,709
• Equity at exit: $10,808

Cash invested: $35,000 (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: 7.9×

Monthly cashflow live

• Estimated rent: $1,324 high
• Mortgage (P&I): −$656
• Tax from tax record: −$177 /mo · $2,129/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $161

Break-even live

Break-even rent $1,120

Max offer price $125,000

Occupancy floor 83%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	4d	1	0.17mi
9017 6th Ave Jacksonville, FL	2.0	1.0	1038	$1,098	$1.06	23d	1	0.54mi
9050 7th Ave Jacksonville, FL	3.0	1.0	896	$1,485	$1.66	23d	1	0.61mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	1d	1	0.62mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	23d	1	0.66mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	10d	1	0.66mi
8253 Lexington Dr Jacksonville, FL	3.0	1.0	910	$1,330	$1.46	23d	1	0.74mi
9248 9th Ave Jacksonville, FL	2.0	1.0	646	$995	$1.54	23d	1	0.75mi
912 Saratoga Blvd Jacksonville, FL	3.0	1.0	930	$1,250	$1.34	23d	1	0.81mi
9553 Campus Ave Jacksonville, FL	1.0	1.0	900	$1,250	$1.39	23d	1	0.82mi
9346 10th Ave Jacksonville, FL	3.0	1.0	985	$1,825	$1.85	23d	1	0.83mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,376	$1.45	2d	9	0.91mi
2389 Hilly Rd Jacksonville, FL	3.0	1.0	908	$1,650	$1.82	23d	1	0.91mi
7927 Reid Ave Jacksonville, FL	3.0	1.0	1055	$1,500	$1.42	23d	1	1.02mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	7d	1	1.11mi
780 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1164	$1,771	$1.52	3d	16	1.13mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,368	$1.33	1d	42	1.15mi
2312 Palmdale St Jacksonville, FL	3.0	2.0	972	$1,231	$1.27	23d	1	1.42mi
10535 Lem Turner Rd Jacksonville, FL	1.0–4.0	1.0–2.0	1012	$1,279	$1.26	3d	40	1.43mi
7350 Linda Dr Jacksonville, FL	1.0	1.0	954	$795	$0.83	7d	1	1.44mi

Listing history 19 events

1. 2026-05-31
   days on market $125,000 Active 243 DOM
2. 2026-04-27
   price $125,000
3. 2026-03-13
   price $134,300
4. 2026-01-20
   status Active
5. 2025-12-31
   historical
6. 2025-12-18
   price $138,500
7. 2025-09-08
   listed $139,000 Active
8. 2025-01-06
   historical $1,150
9. 2025-01-03
   listed $1,150
10. 2025-01-02
    historical $1,150
11. 2024-12-20
    listed $1,150
12. 2014-02-19
    soldstatus $26,000 156-char remark

    Show marketing remark (156 chars)

    Great deal on cute brick bungalow in establish community near trout river. Large 2 car detached garage and huge back yard! Priced to sale! Bring all offers!

13. 2013-10-28
    listed $29,900 156-char remark

    Show marketing remark (156 chars)

    Great deal on cute brick bungalow in establish community near trout river. Large 2 car detached garage and huge back yard! Priced to sale! Bring all offers!

14. 2002-07-01
    soldstatus $40,000
15. 2002-06-14
    soldstatus $40,000 353-char remark

    Show marketing remark (353 chars)

    BANK OWNED - SOLD ''AS IS''. ''DO NOT FAX ANY OFFERS''-CALL WITH VERBAL OFFERS.ONCE AN OFFER IS ACCEPTED, WE WILL NEED AN ORIGINAL. SPECIAL CONTRACT & ADDENDUM REQUIRED. MUST CLOSE WITH SELLERS ATTY. MINIMUM $1000 BINDER REQUIRED. ''CANNOT ASSIGN''. CALL FOR LOCKBOX CODE. PROOF OF FUNDS OR PRE- QUALIFICATION LETTER MUST BE SUBMITTED WITH CONTRACT.

16. 2002-05-23
    listed $40,950 353-char remark

    Show marketing remark (353 chars)

    BANK OWNED - SOLD ''AS IS''. ''DO NOT FAX ANY OFFERS''-CALL WITH VERBAL OFFERS.ONCE AN OFFER IS ACCEPTED, WE WILL NEED AN ORIGINAL. SPECIAL CONTRACT & ADDENDUM REQUIRED. MUST CLOSE WITH SELLERS ATTY. MINIMUM $1000 BINDER REQUIRED. ''CANNOT ASSIGN''. CALL FOR LOCKBOX CODE. PROOF OF FUNDS OR PRE- QUALIFICATION LETTER MUST BE SUBMITTED WITH CONTRACT.

17. 2000-07-13
    soldstatus $67,000
18. 1998-05-14
    soldstatus $60,000
19. 1998-04-22
    soldstatus $16,900

ⓘ 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: $2,129 · $177/mo
• Projected year-2 tax: $2,129 · $177/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 5/10 Major FEMA zone X (unshaded) · 44% 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: $15,890
• − Mortgage interest: −$7,002
• − Property taxes: −$2,129
• − Insurance: −$625
• − Repairs & maintenance: −$1,271
• − Management: −$1,271
• − Depreciation: −$3,636
• Taxable loss: −$45
• Est. tax savings @ 24.0%: +$11
• After-tax cash flow: $1,944/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

+639.6% since first listed

18 events — show timeline

• 2026-04-27 Price Changed $125,000 realMLS
• 2026-03-13 Price Changed $134,300 realMLS
• 2026-01-20 Relisted — realMLS
• 2025-12-31 Listing Removed — realMLS
• 2025-12-18 Price Changed $138,500 realMLS
• 2025-09-08 Listed $139,000 realMLS
• 2025-01-06 Rental Removed $1,150 RENTALBEAST
• 2025-01-03 Listed for Rent $1,150 RENTALBEAST
• 2025-01-02 Rental Removed $1,150 SHOWMOJO
• 2024-12-20 Listed for Rent $1,150 SHOWMOJO
• 2014-02-19 Sold (MLS) $26,000 realMLS
• 2013-10-28 Listed $29,900 realMLS
• 2002-07-01 Sold (Public Records) $40,000 Public Records
• 2002-06-14 Sold (MLS) $40,000 realMLS
• 2002-05-23 Listed $40,950 realMLS
• 2000-07-13 Sold (Public Records) $67,000 Public Records
• 1998-05-14 Sold (Public Records) $60,000 Public Records
• 1998-04-22 Sold (Public Records) $16,900 Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,129 · +17.4% YoY. Source: county tax records.