1239 McConihe St · Jacksonville, FL 32209

$87,000

2 bd · 1.0 ba · 1,030 sqft · SingleFamily public records · 7 Days on market

Built 1938 5,662 sqft lot Est $107k · 19% under

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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 +25.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +7.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This updated 2 bedroom and one bath is a must see. New roof, ac unit and hot water heater put in 2018, updated kitchen, bathroom, electrical panel, plumbing, update windows and doors. Dining area can easily be made into third bedroom. Tenant occupied with one year lease. Sold as is. Cash only

Key facts

• Bonus living area
• Newer roof
• Craftsman-style home

Tags

• CRAFTSMAN-STYLE HOME
• BONUS LIVING AREA
• NEWER ROOF
• HVAC SYSTEM
• HISTORIC BASEBALL FIELD
• PARK

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: On-street parking
• Utilities: Cable available; Electricity available; Sewer available; Water available
• Home design: Single family residence; Used as residential property
• Exterior features: Lot approximately 0.13 acres; No private pool

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: Electric range; Refrigerator; Central heating; Electric heating; Central air conditioning; Electric cooling

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $87k.

Deal economics

• At list price, monthly cash flow is $214 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $87k).
• Cap rate 9.2% 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 (+1.8%/yr); 394 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 43% of the median local income ($31k/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 $601 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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 8y 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 $64k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1938 — 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 $87,000

Questions for the listing agent

1. Built in 1938 — 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: 1.25% ✓
• Cap rate: 9.24%
• Cash-on-cash: 10.54%
• DSCR: 1.47
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $107,120
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1519 8th St W	0.40mi	3/1.0 (+1)	996 (-3%)	0mo	$20,000	$20	71
1480 N Myrtle Ave N	0.27mi	2/1.0	916 (-11%)	2mo	$60,000	$66	67
1731 W 12th St	0.72mi	2/1.0	1,026 (-0%)	4mo	$40,000	$39	62
1327 7th St W	0.17mi	3/2.0 (+1)	1,152 (+12%)	2mo	$215,017	$187	62
1279 W 20th St	0.66mi	2/1.0	962 (-7%)	1mo	$87,500	$91	57
2715 Myrtle Ave N	0.53mi	2/1.0	900 (-13%)	3mo	$98,000	$109	52
1404 W 18th St	0.58mi	3/1.0 (+1)	1,120 (+9%)	2mo	$80,000	$71	51
1550 W 2nd St	0.65mi	3/2.0 (+1)	972 (-6%)	2mo	$123,500	$127	49
1526 W 14th St	0.54mi	3/1.0 (+1)	916 (-11%)	3mo	$95,000	$104	49
2727 N N Davis Rd St	0.67mi	3/1.0 (+1)	904 (-12%)	1mo	$78,000	$86	43
1314 Rushing St	0.56mi	3/2.0 (+1)	1,147 (+11%)	4mo	$183,000	$160	43
1058 W 17th St	0.53mi	3/2.0 (+1)	1,182 (+15%)	3mo	$200,000	$169	39

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -1.9%
• Equity multiple: 0.93×
• Total profit: $-1,720
• Equity at exit: $12,972

10-year hold

• IRR: 6.4%
• Equity multiple: 1.45×
• Total profit: $11,057
• Equity at exit: $7,522

Cash invested: $24,360 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 394
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,090 high
• Mortgage (P&I): −$456
• Tax from tax record: −$155 /mo · $1,856/yr
• Insurance: −$36
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $214

Break-even live

Break-even rent $819

Max offer price $87,000

Occupancy floor 75%

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: $21,750
• Closing costs: $2,610
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1666 Myrtle Ave N Unit 1666 Jacksonville, FL	2.0	1.0	700	$925	$1.32	23d	1	0.15mi
1046 W 8th St Jacksonville, FL	2.0	1.0	750	$900	$1.20	23d	1	0.21mi
1024 8th St W Jacksonville, FL	2.0	1.0	816	$950	$1.16	23d	1	0.24mi
1823 Francis St Jacksonville, FL	2.0	1.0	803	$975	$1.21	23d	1	0.25mi
1785 Mount Herman St Unit 1787 Jacksonville, FL	2.0	1.0	750	$900	$1.20	23d	1	0.28mi
1464 N Myrtle Ave Jacksonville, FL	2.0	1.0	1136	$1,400	$1.23	23d	1	0.30mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	23d	1	0.37mi
1460 W 5th St Unit 1 Jacksonville, FL	2.0	1.0	700	$850	$1.21	12d	1	0.38mi
2324 Moncrief Rd Unit 2324 Jacksonville, FL	2.0	1.0	900	$900	$1.00	23d	1	0.40mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	4d	1	0.40mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	23d	1	0.40mi
1537 W 7th St Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	7d	1	0.41mi
1537 7th St W Unit B Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	23d	1	0.41mi
1538 Ella St Unit 1 Jacksonville, FL	2.0	1.0	700	$1,100	$1.57	23d	1	0.41mi
1230 W 3rd St Jacksonville, FL	2.0	1.0	750	$950	$1.27	23d	3	0.43mi
2532 Moncrief Rd Jacksonville, FL	2.0	1.0	700	$900	$1.29	23d	1	0.44mi
1570 Mc Conihe St Unit B Jacksonville, FL	2.0	1.0	714	$875	$1.23	23d	1	0.46mi
1437 Prince St Unit 1437 Jacksonville, FL	2.0	1.0	700	$1,120	$1.60	23d	1	0.47mi
1320 Francis St Jacksonville, FL	2.0	2.0	1003	$1,095	$1.09	23d	1	0.48mi
1376 Prince St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	7d	1	0.49mi
2314 Teal St Jacksonville, FL	2.0	1.0	750	$1,150	$1.53	23d	1	0.49mi
1358 Prince St Jacksonville, FL	3.0	3.5	1044	$1,350	$1.29	21d	1	0.49mi
1358 Prince St Jacksonville, FL	3.0	2.5	1044	$1,350	$1.29	23d	1	0.49mi
2811 N Myrtle Ave #1 Jacksonville, FL	2.0	2.0	855	$1,121	$1.31	4d	1	0.54mi
2904 Moncrief Rd Jacksonville, FL	3.0	1.0	952	$1,100	$1.16	23d	1	0.56mi
1525 W 15th St Jacksonville, FL	3.0	1.0	1100	$1,245	$1.13	23d	1	0.57mi
1410 W 20th St Jacksonville, FL	3.0	2.0	1170	$1,485	$1.27	14d	1	0.65mi
1359 W 20th St Jacksonville, FL	2.0	1.0	901	$1,134	$1.26	17d	1	0.66mi
2811 Venus St Jacksonville, FL	2.0	1.0	830	$1,087	$1.31	4d	1	0.72mi
1470 Windle St Jacksonville, FL	3.0	2.0	1170	$1,425	$1.22	14d	1	0.72mi
1448 Union St W Jacksonville, FL	3.0	1.0	958	$1,200	$1.25	23d	1	0.73mi
1431 W 21st St Jacksonville, FL	3.0	2.0	1199	$1,425	$1.19	14d	1	0.73mi
1185 W 22nd St Unit U Jacksonville, FL	2.0	1.0	900	$850	$0.94	7d	1	0.74mi
1425 Morgan St Jacksonville, FL	2.0	1.0	850	$650	$0.76	3d	1	0.75mi
2817 Mars Ave Jacksonville, FL	2.0	1.0	945	$975	$1.03	21d	1	0.76mi
844 Tyler St Unit 1 Jacksonville, FL	2.0	1.0	800	$900	$1.12	7d	1	0.76mi
1788 W 5th St Jacksonville, FL	3.0	2.0	948	$1,295	$1.37	23d	1	0.78mi
1710 W 2nd St Unit A Jacksonville, FL	2.0	1.0	939	$800	$0.85	23d	1	0.79mi
2306 Fairfax St Unit 1 Jacksonville, FL	3.0	1.0	900	$700	$0.78	23d	1	0.80mi
2306 Fairfax St Unit 3 Jacksonville, FL	2.0	1.0	700	$650	$0.93	23d	1	0.81mi

Listing history 7 events

1. 2026-06-18
   days on market $87,000 Active 7 DOM
2. 2026-06-17
   days on market $87,000 Active 6 DOM
3. 2026-06-16
   days on market $87,000 Active 5 DOM
4. 2026-06-15
   days on market $87,000 Active 4 DOM
5. 2026-06-13
   days on market $87,000 Active 2 DOM
6. 2026-06-13
   remarks 659-char remark
7. 2026-06-13
   listed $87,000 Active 1 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: $1,856 · $155/mo
• Projected year-2 tax: $1,856 · $155/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 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,079
• − Mortgage interest: −$4,873
• − Property taxes: −$1,856
• − Insurance: −$435
• − Repairs & maintenance: −$1,046
• − Management: −$1,046
• − Depreciation: −$2,531
• Taxable income: $1,291
• Est. tax owed @ 24.0%: −$310
• After-tax cash flow: $2,257/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): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

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 (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• 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

+123.1% since first listed

17 events — show timeline

• 2026-06-03 Listed $87,000 realMLS
• 2020-02-26 Sold (MLS) $64,500 realMLS
• 2020-01-31 Pending — realMLS
• 2020-01-28 Relisted — realMLS
• 2020-01-22 Pending — realMLS
• 2020-01-14 Price Changed $64,500 realMLS
• 2020-01-02 Price Changed $65,000 realMLS
• 2019-12-15 Price Changed $65,500 realMLS
• 2019-11-24 Listed $68,000 realMLS
• 2018-10-08 Sold (MLS) $27,000 realMLS
• 2018-09-27 Pending — realMLS
• 2018-09-24 Price Changed $29,900 realMLS
• 2018-09-21 Price Changed $31,500 realMLS
• 2018-09-13 Price Changed $32,900 realMLS
• 2018-09-06 Price Changed $34,900 realMLS
• 2018-08-31 Price Changed $36,900 realMLS
• 2018-08-28 Listed $39,000 realMLS

Property tax history

+6.7%/yr

Latest (2025): $1,856 · +16.4% YoY. Source: county tax records.