2371 Jayson Ave · Jacksonville, FL 32208

$79,900

2 bd · 1.0 ba · 792 sqft · SingleFamily public records · 15 Days on market

Built 1955 Est $93k · 15% under

---

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 +30.0/30.0
• ARV discount +14.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

HUGE LOT, on nice and quiet dead end street. House needs total renovation, or, build new!

Key facts

• Large lot
• Shopping
• Built 1955

Tags

• LARGE LOT
• QUIET DEAD-END STREET
• EASY ACCESS TO MAJOR ROADWAYS
• SHOPPING
• DOWNTOWN JACKSONVILLE

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Electricity available; Sewer available; Water available
• Home design: Single Family Residence
• Exterior features: Residential single-family property

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating specified; No cooling specified
• Interior features: No built-in appliances listed

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $519 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.1% vs local median 3.9% 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); 293 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 39% 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 $552 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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.

Risks & watch-outs

• Watch-outs: built in 1955 — 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 $78,701 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — 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: 1.70% ✓
• Cap rate: 14.09%
• Cash-on-cash: 27.85%
• DSCR: 2.24
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $93,456
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2140 Jayson Ave	0.23mi	3/1.0 (+1)	768 (-3%)	3mo	$82,000	$107	77
9703 Campus Ave	0.12mi	3/2.0 (+1)	760 (-4%)	6mo	$90,000	$118	74
9152 6th Ave	0.58mi	2/1.0	792 (0%)	4mo	$119,000	$150	70
2116 4th Ave	0.32mi	2/1.0	720 (-9%)	12mo	$149,000	$207	60
9230 4th Ave	0.51mi	2/1.0	752 (-5%)	12mo	$36,000	$48	58
9346 10th Ave	0.39mi	2/1.0	864 (+9%)	13mo	$124,000	$144	56
9135 5th Ave	0.60mi	3/1.0 (+1)	896 (+13%)	1mo	$80,500	$90	44

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: 18.5%
• Equity multiple: 1.72×
• Total profit: $16,164
• Equity at exit: $11,913

10-year hold

• IRR: 24.7%
• Equity multiple: 2.85×
• Total profit: $41,368
• Equity at exit: $6,908

Cash invested: $22,372 (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: 293
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,357 high
• Mortgage (P&I): −$419
• Tax from tax record: −$101 /mo · $1,209/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $519

Break-even live

Break-even rent $700

Max offer price $79,900

Occupancy floor 57%

Sensitivity live

Price	-10% $564	-5% $542	+0% $519	+5% $497	+10% $474
Rent	-10% $412	-5% $466	+0% $519	+5% $573	+10% $626
Rate	-1.0pp $559	-0.5pp $540	base $519	+0.5pp $498	+1.0pp $477

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9553 Campus Ave Jacksonville, FL	1.0	1.0	900	$1,250	$1.39	24d	1	0.11mi
2389 Hilly Rd Jacksonville, FL	3.0	1.0	908	$1,650	$1.82	24d	1	0.18mi
9346 10th Ave Jacksonville, FL	3.0	1.0	985	$1,825	$1.85	24d	1	0.41mi
9248 9th Ave Jacksonville, FL	2.0	1.0	646	$995	$1.54	24d	1	0.48mi
9050 7th Ave Jacksonville, FL	3.0	1.0	896	$1,485	$1.66	24d	1	0.71mi
9017 6th Ave Jacksonville, FL	2.0	1.0	1038	$1,098	$1.06	24d	1	0.76mi
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	5d	1	0.76mi
10535 Lem Turner Rd Jacksonville, FL	1.0–4.0	1.0–2.0	1012	$1,279	$1.26	4d	40	0.92mi
9658 Gibson Ave Jacksonville, FL	3.0	1.5	977	$1,225	$1.25	24d	1	1.06mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	24d	1	1.12mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	2d	1	1.18mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	11d	1	1.21mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	8d	1	1.35mi

Listing history 11 events

1. 2026-06-21
   days on market $79,900 Active 15 DOM
2. 2026-06-18
   days on market $79,900 Active 12 DOM
3. 2026-06-17
   days on market $79,900 Active 11 DOM
4. 2026-06-16
   days on market $79,900 Active 10 DOM
5. 2026-06-15
   days on market $79,900 Active 9 DOM
6. 2026-06-13
   days on market $79,900 Active 7 DOM
7. 2026-06-13
   days on market $79,900 Active 6 DOM
8. 2026-06-09
   days on market $79,900 Active 3 DOM
9. 2026-06-08
   days on market $79,900 Active 2 DOM
10. 2026-06-07
    remarks 382-char remark
11. 2026-06-07
    listed $79,900 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: $1,209 · $101/mo
• Projected year-2 tax: $1,209 · $101/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 3/10 Moderate
• 🌡 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: $16,288
• − Mortgage interest: −$4,476
• − Property taxes: −$1,209
• − Insurance: −$400
• − Repairs & maintenance: −$1,303
• − Management: −$1,303
• − Depreciation: −$2,324
• Taxable income: $5,273
• Est. tax owed @ 24.0%: −$1,265
• After-tax cash flow: $4,965/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

+415.5% since first listed

13 events — show timeline

• 2026-05-30 Listed $79,900 realMLS
• 2022-01-26 Sold (Public Records) $97,000 Public Records
• 2022-01-04 Sold (Public Records) $45,000 Public Records
• 2021-12-30 Sold (MLS) $45,000 realMLS
• 2021-12-07 Pending — realMLS
• 2021-11-30 Contingent — realMLS
• 2021-11-10 Price Changed $54,900 realMLS
• 2021-10-28 Price Changed $59,800 realMLS
• 2021-10-28 Relisted — realMLS
• 2021-10-22 Pending — realMLS
• 2021-09-20 Listed $89,800 realMLS
• 1996-01-05 Sold (Public Records) $29,500 Public Records
• 1981-04-01 Sold (Public Records) $15,500 Public Records

Property tax history

+13.1%/yr

Latest (2025): $1,209 · +23.5% YoY. Source: county tax records.