2916 W 11th St · Jacksonville, FL 32254

$115,000

2 bd · 1.0 ba · 894 sqft · SingleFamily public records · 80 Days on market

Built 1951 8,276 sqft lot Est $84k · 37% over

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Why this score? — see what drove the C 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 +22.8/30.0
• DSCR +7.3/10.0
• Appreciation +6.7/10.0
• 1% rule +5.6/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Don't miss this great affordable opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and VERY Large Back Yard. Features Central A/C , Equipped Kitchen, Ceramic Tile Floors throughout, all fresh paint and indoor washer/dryer connections. PERFECT Starter Home, or Investment Property. Location is very convenient to Downtown, I-10 and I-95 access to everywhere..

Key facts

• Open airy layout
• Living dining combo
• Ceramic tile floors

Tags

• OPEN AIRY LAYOUT
• LIVING DINING COMBO
• SEPARATE FAMILY ROOM
• CENTRAL A C
• CERAMIC TILE FLOORS
• EQUIPPED KITCHEN

Property features AI

Finance

• Financial info: $1,384 annual tax (2025)
• HOA & community: Not a senior community

Exterior

• Parking: Additional parking
• Utilities: Electricity available and connected; Water connected; Sewer available and connected
• Home design: Single Family Residence; Residential use
• Exterior features: Residential single family property; No private pool; Lot approximately 0.19 acres

Interior

• Kitchen: Electric range; Electric oven; Refrigerator; Dishwasher
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Electric water heater; Central heating; Central electric cooling
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.4% 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 $5k of equity ($795 loan paydown + $4k 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 $32k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y 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 $88k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,100 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — 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. 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.
7. 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.
8. 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: 8.37%
• Cash-on-cash: 7.42%
• DSCR: 1.33
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $84,036
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2916 W 11th St	0.00mi	2/1.0	894 (0%)	1mo	$111,500	$125	99
3044 W 9th St W	0.22mi	2/1.0	852 (-5%)	2mo	$55,000	$65	80
2156 Allandale Cir N	0.19mi	2/1.0	941 (+5%)	6mo	$88,100	$94	78
2846 W 8th St	0.21mi	3/1.0 (+1)	929 (+4%)	2mo	$133,500	$144	77
1739 Melson Ave	0.38mi	3/1.0 (+1)	849 (-5%)	7mo	$78,500	$92	63
1630 Detroit St	0.27mi	3/2.0 (+1)	976 (+9%)	4mo	$106,000	$109	60
3173 3rd St Cir	0.59mi	2/1.0	936 (+5%)	9mo	$65,500	$70	57
1073 Huron St	0.71mi	3/1.0 (+1)	916 (+2%)	3mo	$77,000	$84	55
1317 St Clair St	0.48mi	2/1.0	768 (-14%)	2mo	$81,500	$106	52
1066 Detroit Cir W	0.73mi	2/1.0	828 (-7%)	3mo	$72,000	$87	51
1073 Melson Ave	0.75mi	3/1.0 (+1)	816 (-9%)	2mo	$45,000	$55	44
1095 Detroit St	0.64mi	3/1.0 (+1)	1,009 (+13%)	7mo	$112,675	$112	38

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: 14.7%
• Equity multiple: 1.85×
• Total profit: $27,483
• Equity at exit: $54,403

10-year hold

• IRR: 15.6%
• Equity multiple: 3.33×
• Total profit: $74,945
• Equity at exit: $85,998

Cash invested: $32,200 (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: 7.8×

Monthly cashflow live

• Estimated rent: $1,222 high
• Mortgage (P&I): −$603
• Tax from tax record: −$115 /mo · $1,384/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $199

Break-even live

Break-even rent $970

Max offer price $115,000

Occupancy floor 79%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2939 W 11th St Jacksonville, FL	3.0	1.0	1086	$1,295	$1.19	24d	1	0.04mi
2854 Wickwire St Jacksonville, FL	2.0	1.0	948	$1,300	$1.37	4d	1	0.11mi
1612 Alfen St Jacksonville, FL	3.0	1.5	945	$1,113	$1.18	7d	1	0.31mi
3138 W 15th St Jacksonville, FL	2.0	1.0	734	$1,150	$1.57	7d	1	0.36mi
3138 W 15th St Jacksonville, FL	2.0	1.0	734	$1,150	$1.57	24d	1	0.36mi
2965 Sunset St Jacksonville, FL	3.0	1.5	1056	$1,375	$1.30	7d	1	0.39mi
2965 Sunset St Jacksonville, FL	3.0	2.0	1056	$1,375	$1.30	4d	1	0.39mi
3101 3rd Street Cir N Jacksonville, FL	2.0	1.0	870	$1,150	$1.32	7d	1	0.50mi
1227 Dena St Jacksonville, FL	3.0	1.0	1033	$1,325	$1.28	24d	1	0.52mi
2913 W 2nd St Jacksonville, FL	2.0	1.0	720	$1,000	$1.39	2d	1	0.54mi
3055 2nd Street Cir Jacksonville, FL	3.0	1.5	1050	$1,340	$1.28	17d	1	0.57mi
2862 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	4d	1	0.62mi
2862 W 1st St Unit 1 Jacksonville, FL	2.0	1.0	800	$895	$1.12	14d	1	0.62mi
2852 W 1st St Jacksonville, FL	2.0	1.0	800	$895	$1.12	7d	1	0.63mi
1085 Saint Clair St Jacksonville, FL	1.0	1.0	600	$795	$1.32	24d	1	0.65mi
2851 Sophia St Jacksonville, FL	2.0	1.0	846	$1,000	$1.18	24d	3	0.69mi
2627 Wylene St Jacksonville, FL	2.0	2.0	594	$1,400	$2.36	24d	1	0.70mi
1037 Detroit St Jacksonville, FL	3.0	2.0	912	$1,250	$1.37	2d	1	0.78mi
3326 W 1st St Jacksonville, FL	2.0	1.0	791	$995	$1.26	24d	1	0.83mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	7d	1	0.90mi
1021 Woodstock Ave Jacksonville, FL	3.0	2.0	1012	$1,495	$1.48	24d	1	0.90mi
912 Huron St Jacksonville, FL	2.0	1.0	900	$1,100	$1.22	14d	1	0.97mi
2540 W 25th St Jacksonville, FL	3.0	1.5	854	$1,295	$1.52	14d	1	0.99mi
2345 W 15th St Jacksonville, FL	3.0	2.0	1112	$1,400	$1.26	24d	1	0.99mi
5355 New Kings Rd Unit 10 Jacksonville, FL	2.0	1.0	528	$775	$1.47	24d	1	1.03mi
1213 Moat St Jacksonville, FL	2.0	2.5	1022	$1,283	$1.26	17d	1	1.05mi
3359 Columbus Ave Jacksonville, FL	1.0	1.0	550	$1,000	$1.82	24d	1	1.06mi
3359 Columbus Ave Jacksonville, FL	1.0	1.0	525	$1,000	$1.90	12d	1	1.06mi
3357 Columbus Ave Jacksonville, FL	1.0	1.0	550	$1,000	$1.82	17d	1	1.07mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	24d	1	1.08mi
3012 Imperial St Jacksonville, FL	3.0	1.0	1089	$1,395	$1.28	24d	1	1.08mi
5355 New Kings Rd Unit 21 Jacksonville, FL	2.0	1.0	700	$800	$1.14	4d	1	1.10mi
5355 New Kings Rd Unit 24 Jacksonville, FL	1.0	1.0	600	$700	$1.17	7d	1	1.10mi
3368 Columbus Ave Jacksonville, FL	2.0	1.0	955	$1,300	$1.36	4d	1	1.10mi
2325 Westbrook Cir N Jacksonville, FL	3.0	2.0	812	$1,200	$1.48	24d	1	1.15mi
2587 Orchard St Jacksonville, FL	2.0	2.0	992	$1,295	$1.31	7d	1	1.15mi
3303 Broadway Ave Jacksonville, FL	3.0	2.0	1072	$1,550	$1.45	4d	1	1.19mi
3516 Penton St Jacksonville, FL	3.0	1.0	1000	$1,350	$1.35	24d	1	1.23mi
2169 W 14th St Jacksonville, FL	3.0	1.0	972	$1,200	$1.23	3d	1	1.24mi
5141 Shenandoah Ave Jacksonville, FL	1.0–3.0	1.0–2.0	950	$1,000	$1.05	2d	4	1.26mi

Listing history 18 events

1. 2026-06-01
   days on market $115,000 Active 80 DOM
2. 2026-05-31
   days on market $115,000 Active 79 DOM
3. 2026-04-16
   price $115,000
4. 2026-03-13
   listed $120,000 Active
5. 2025-07-29
   soldstatus $88,500 Closed 404-char remark

   Show marketing remark (404 chars)

   Don't miss this great affordable opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and VERY Large Back Yard. Features Central A/C , Equipped Kitchen, Ceramic Tile Floors throughout, all fresh paint and indoor washer/dryer connections. PERFECT Starter Home, or Investment Property. Location is very convenient to Downtown, I-10 and I-95 access to everywhere..

6. 2025-07-18
   soldstatus $88,500
7. 2025-07-12
   status Pending 404-char remark

   Show marketing remark (404 chars)

   Don't miss this great affordable opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and VERY Large Back Yard. Features Central A/C , Equipped Kitchen, Ceramic Tile Floors throughout, all fresh paint and indoor washer/dryer connections. PERFECT Starter Home, or Investment Property. Location is very convenient to Downtown, I-10 and I-95 access to everywhere..

8. 2025-07-03
   listed $87,900 Active 404-char remark

   Show marketing remark (404 chars)

   Don't miss this great affordable opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and VERY Large Back Yard. Features Central A/C , Equipped Kitchen, Ceramic Tile Floors throughout, all fresh paint and indoor washer/dryer connections. PERFECT Starter Home, or Investment Property. Location is very convenient to Downtown, I-10 and I-95 access to everywhere..

9. 2014-05-24
   historical 351-char remark

   Show marketing remark (351 chars)

   Don't miss this great opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and Huge Yard. Location is convenient to Downtown, I-10 and I-95 access. Won't last long at this price. COMES WITH ALL APPLIANCES, TWO NEW WINDOW UNITS AND A NEW HOT WATER HEATER! House has ducts for central heating and air but no unit.

10. 2014-04-04
    listed $17,000 351-char remark

    Show marketing remark (351 chars)

    Don't miss this great opportunity with this 2 Bed/1 Bath Bungalow with Living/Dining Combo, Separate Family Room, and Huge Yard. Location is convenient to Downtown, I-10 and I-95 access. Won't last long at this price. COMES WITH ALL APPLIANCES, TWO NEW WINDOW UNITS AND A NEW HOT WATER HEATER! House has ducts for central heating and air but no unit.

11. 2014-01-31
    soldstatus $9,900
12. 2013-10-14
    listed $9,900
13. 2006-06-27
    historical
14. 2006-01-27
    listed $59,900
15. 2005-04-11
    historical
16. 2005-04-11
    historical
17. 2005-01-25
    listed $69,500
18. 2004-10-11
    listed $72,000

ⓘ 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: $1,384 · $115/mo
• Projected year-2 tax: $1,384 · $115/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 19 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: $14,663
• − Mortgage interest: −$6,442
• − Property taxes: −$1,384
• − Insurance: −$575
• − Repairs & maintenance: −$1,173
• − Management: −$1,173
• − Depreciation: −$3,345
• Taxable income: $571
• Est. tax owed @ 24.0%: −$137
• After-tax cash flow: $2,251/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

+59.7% since first listed

16 events — show timeline

• 2026-04-16 Price Changed $115,000 realMLS
• 2026-03-13 Listed $120,000 realMLS
• 2025-07-29 Sold (MLS) $88,500 realMLS
• 2025-07-18 Sold (Public Records) $88,500 Public Records
• 2025-07-12 Pending — realMLS
• 2025-07-03 Listed $87,900 realMLS
• 2014-05-24 Listing Removed — realMLS
• 2014-04-04 Listed $17,000 realMLS
• 2014-01-31 Sold (MLS) $9,900 realMLS
• 2013-10-14 Listed $9,900 realMLS
• 2006-06-27 Listing Removed — realMLS
• 2006-01-27 Listed $59,900 realMLS
• 2005-04-11 Listing Removed — realMLS
• 2005-04-11 Listing Removed — realMLS
• 2005-01-25 Listed $69,500 realMLS
• 2004-10-11 Listed $72,000 realMLS

Property tax history

+9.1%/yr

Latest (2025): $1,384 · +22.1% YoY. Source: county tax records.