5460 Missouri Ave · Jacksonville, FL 32254

$249,000

4 bd · 3.0 ba · 1,410 sqft · Land · 155 Days on market

Built 2026 5,227 sqft lot

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Appreciation +6.7/10.0
• Cash flow +5.7/30.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• 1% rule +1.2/10.0
• DSCR +0.1/10.0

Listing remarks MLS

Great fixer upper investor property. Needs rehab. 3/1 with new stucco exterior. Big lot. Property to be sold 'as-is', Seller to make no repairs. Make an offer!

Key facts

• 5,227 sq ft lot
• Built 2026
• Listed 154 days

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other/unassigned parking
• Security: Smoke detector(s)
• Utilities: Public sewer; Cable available; Electricity available; Water available
• Home design: Single family residence; Two levels; Entry level is 1; Home faces north; Property attached
• Exterior features: Asphalt road access; No private pool

Interior

• Kitchen: Electric range; Microwave; Refrigerator
• Bedrooms: Four bedrooms (Bedroom 2 on first level; Bedrooms 3 and 4 on second level)
• Bathrooms: Three full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Smoke detector(s); Ten total rooms
• Laundry & utility: Unfurnished unit (no washer/dryer specified)

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath land listed at $249k.

Deal economics

• At list price, monthly cash flow is $-934 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $114k (54.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $154k (38.3% below list).
• Recommended offer: $114k (54.3% below list) — sets the bar for cash-flow.

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: Pickett Elementary School (math 57% / reading 37%, grade D-, #1,191 of 2,144 statewide, top 57%, 200 students, 73% FRL); Jean Ribault Middle School (math 28% / reading 24%, grade F, #506 of 571 statewide, top 89%, 679 students, 78% 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 74% FRL vs 49% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 46% district-wide (-13 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.7%/yr); 173 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $10k of equity ($2k loan paydown + $8k appreciation (3.4% local appreciation)).
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 4, 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 155 days — a 12% lower offer ($219k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 16y 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 $13k; list at $249k implies a 1815% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,856 (54.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 155 days. Have you received any prior offers? Is the seller open to a 54% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.62% ✗
• Cap rate: 3.85%
• Cash-on-cash: -8.73%
• DSCR: 0.61
• GRM: 13.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.41% appreciation · 1.7% rent growth · sell at horizon

5-year hold

• IRR: -6.2%
• Equity multiple: 0.63×
• Total profit: $-25,704
• Equity at exit: $117,794

10-year hold

• IRR: -1.5%
• Equity multiple: 0.76×
• Total profit: $-16,980
• Equity at exit: $186,205

Cash invested: $69,720 (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: 173
• Price-to-rent: 13.5×

Monthly cashflow live

• Estimated rent: $1,536 high
• Mortgage (P&I): −$1,306
• Tax est. 1.5%: −$311 /mo · $3,735/yr
• Insurance: −$104
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $-934

Break-even live

Break-even rent $2,718

Max offer price $113,856

Occupancy floor —

Sensitivity live

Price	-10% $-762	-5% $-848	+0% $-934	+5% $-1,020	+10% $-1,106
Rent	-10% $-1,055	-5% $-995	+0% $-934	+5% $-873	+10% $-813
Rate	-1.0pp $-809	-0.5pp $-871	base $-934	+0.5pp $-998	+1.0pp $-1,064

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5239 Potomac Ave Jacksonville, FL	3.0	2.0	1392	$1,432	$1.03	9d	1	0.30mi
5141 Shenandoah Ave Jacksonville, FL	1.0–3.0	1.0–2.0	950	$1,200	$1.26	3d	4	0.38mi
3078 W 15th St Jacksonville, FL	3.0	1.0	1128	$1,200	$1.06	25d	1	1.23mi
6412 New Kings Rd Unit 2 Jacksonville, FL	3.0	2.0	1300	$1,400	$1.08	19d	1	1.30mi
3004 W 16th St Unit 1 Jacksonville, FL	3.0	2.0	1456	$1,526	$1.05	25d	1	1.30mi
6718 Gaspar Cir W Jacksonville, FL	3.0	2.0	1068	$1,305	$1.22	25d	1	1.39mi
6705 Gaspar Cir E Jacksonville, FL	3.0	1.5	1116	$1,254	$1.12	19d	1	1.42mi
2939 W 11th St Jacksonville, FL	3.0	1.0	1086	$1,295	$1.19	25d	1	1.48mi

Listing history 18 events

1. 2026-06-21
   days on market $249,000 Active 155 DOM
2. 2026-06-18
   days on market $249,000 Active 152 DOM
3. 2026-06-17
   days on market $249,000 Active 151 DOM
4. 2026-06-16
   days on market $249,000 Active 150 DOM
5. 2026-06-15
   days on market $249,000 Active 149 DOM
6. 2026-06-10
   days on market $249,000 Active 143 DOM
7. 2026-06-08
   days on market $249,000 Active 142 DOM
8. 2026-06-08
   days on market $249,000 Active 141 DOM
9. 2026-06-03
   days on market $249,000 Active 137 DOM
10. 2026-06-02
    days on market $249,000 Active 136 DOM
11. 2026-06-01
    days on market $249,000 Active 135 DOM
12. 2026-05-31
    days on market $249,000 Active 134 DOM
13. 2026-05-07
    price $249,900
14. 2026-04-14
    price $258,000
15. 2025-12-09
    listed $260,000 Active
16. 2010-11-16
    soldstatus $13,000 163-char remark

    Show marketing remark (163 chars)

    Great fixer upper investor property. Needs rehab. 3/1 with new stucco exterior. Big lot. Property to be sold 'as-is', Seller to make no repairs. Make an offer!

17. 2010-05-07
    listed $13,900 163-char remark

    Show marketing remark (163 chars)

    Great fixer upper investor property. Needs rehab. 3/1 with new stucco exterior. Big lot. Property to be sold 'as-is', Seller to make no repairs. Make an offer!

18. 2003-12-22
    soldstatus $71,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone AE · 24% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥107°F today · 17 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: $18,431
• − Mortgage interest: −$13,948
• − Property taxes: −$3,735
• − Insurance: −$6,364
• − Repairs & maintenance: −$1,474
• − Management: −$1,474
• − Depreciation: −$7,244
• Taxable loss: −$15,808
• Est. tax savings @ 24.0%: +$3,794
• After-tax cash flow: $-7,413/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

+252.0% since first listed

6 events — show timeline

• 2026-05-07 Price Changed $249,900 realMLS
• 2026-04-14 Price Changed $258,000 realMLS
• 2025-12-09 Listed $260,000 realMLS
• 2010-11-16 Sold (MLS) $13,000 realMLS
• 2010-05-07 Listed $13,900 realMLS
• 2003-12-22 Sold (Public Records) $71,000 Public Records

Property tax history

-8.6%/yr

Latest (2025): $451 · +14.8% YoY. Source: county tax records.