1456 E 24th St · Jacksonville, FL 32206

$97,000

1 bd · 1.0 ba · 542 sqft · SingleFamily public records · 112 Days on market

Built 1930 3,049 sqft lot

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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 +19.9/30.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• 1% rule +4.6/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

Key facts

• New flooring
• New water heater
• Updated bathroom

Tags

• UPDATED KITCHEN CABINETRY
• NEW FLOORING
• UPDATED BATHROOM
• NEW WINDOWS
• NEW WATER HEATER
• STRONG RENTAL POTENTIAL

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Additional parking
• Utilities: Electricity available; Sewer available; Water available
• Home design: Single family residence; One story; Used for residential and investment purposes
• Construction: Vinyl siding; Metal roof
• Exterior features: Chain link, full, and wood fencing; Asphalt road access

Interior

• Kitchen: Microwave; Electric water heater
• Bedrooms: 1 bedroom on the main level
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air
• Interior features: Four total rooms; Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $97k.

Deal economics

• At list price, monthly cash flow is $116 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $93k (4.5% below list).
• Recommended offer: $88k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.7% 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 flat; 194 active listings in the ZIP; 20 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $671 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

• It's been on market 112 days — a 9% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $34k; list at $97k implies a 185% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $88,270 (9.0% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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: 0.96% ✗
• Cap rate: 7.73%
• Cash-on-cash: 5.14%
• DSCR: 1.23
• GRM: 8.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.94% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-10,209
• Equity at exit: $14,463

10-year hold

• IRR: -4.2%
• Equity multiple: 0.75×
• Total profit: $-6,837
• Equity at exit: $8,387

Cash invested: $27,160 (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 32206

• Home prices YoY: -23.7%
• Rents YoY: 0.9%
• Active inventory: 194
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $927 high
• Mortgage (P&I): −$509
• Tax from tax record: −$67 /mo · $801/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$195
• Net cashflow: $116

Break-even live

Break-even rent $780

Max offer price $97,000

Occupancy floor 82%

Sensitivity live

Price	-10% $171	-5% $144	+0% $116	+5% $89	+10% $61
Rent	-10% $43	-5% $80	+0% $116	+5% $153	+10% $190
Rate	-1.0pp $165	-0.5pp $141	base $116	+0.5pp $91	+1.0pp $66

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: $24,250
• Closing costs: $2,910
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1164 E 16th St Jacksonville, FL	2.0	1.0	750	$1,000	$1.33	8d	2	0.44mi
234 E 18th St Jacksonville, FL	1.0	1.0	650	$795	$1.22	5d	1	0.87mi
234 E 18th St Jacksonville, FL	1.0	1.0	650	$850	$1.31	24d	1	0.87mi
1627 E 9th St Unit 1629 Jacksonville, FL	2.0	1.0	656	$1,050	$1.60	24d	1	0.88mi
135 E 17th St Unit 7 Jacksonville, FL	—	1.0	500	$850	$1.70	24d	1	0.97mi
112 E 17th St Unit 1 Jacksonville, FL	1.0	1.0	700	$800	$1.14	24d	1	1.01mi
481 E 44th St Jacksonville, FL	2.0	1.0	668	$899	$1.35	24d	1	1.02mi
3305 N Laura St Unit 2 Jacksonville, FL	2.0	1.0	520	$875	$1.68	24d	1	1.15mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$903	$1.11	24d	69	1.15mi
101 W 21st St Unit 2 Jacksonville, FL	2.0	1.0	635	$1,085	$1.71	24d	1	1.19mi
4603 Wendell Ct Unit 14 Jacksonville, FL	1.0	1.0	400	$850	$2.12	24d	1	1.19mi
1934 Hubbard St Jacksonville, FL	1.0	1.0	600	$990	$1.65	24d	1	1.26mi
18 W 43rd St Unit 20 Jacksonville, FL	—	1.0	500	$600	$1.20	4d	1	1.29mi
18 W 43rd St Jacksonville, FL	2.0	1.0	750	$795	$1.06	5d	1	1.29mi
4226 N Pearl St Jacksonville, FL	1.0	1.0	500	$1,100	$2.20	22d	1	1.32mi
1361 Bridier St Apt 2 Jacksonville, FL	2.0	1.0	700	$935	$1.34	12d	1	1.33mi
1364 Harrison St Jacksonville, FL	2.0	1.0	725	$900	$1.24	24d	2	1.37mi
3933 Boulevard #2 Jacksonville, FL	2.0	1.0	684	$748	$1.09	8d	1	1.43mi
3927 Notter Ave Jacksonville, FL	2.0	1.0	738	$850	$1.15	14d	1	1.47mi
3927 Notter Ave Jacksonville, FL	2.0	1.0	738	$850	$1.15	22d	1	1.47mi

Listing history 25 events

1. 2026-06-18
   days on market $97,000 Active 112 DOM
2. 2026-06-17
   days on market $97,000 Active 111 DOM
3. 2026-06-16
   days on market $97,000 Active 110 DOM
4. 2026-06-15
   days on market $97,000 Active 109 DOM
5. 2026-06-10
   days on market $97,000 Active 103 DOM
6. 2026-06-08
   days on market $97,000 Active 102 DOM
7. 2026-06-07
   days on market $97,000 Active 101 DOM
8. 2026-06-03
   days on market $97,000 Active 97 DOM
9. 2026-06-02
   days on market $97,000 Active 96 DOM
10. 2026-06-01
    days on market $97,000 Active 95 DOM
11. 2026-05-31
    days on market $97,000 Active 94 DOM
12. 2026-05-02
    price $97,000
13. 2026-04-03
    price $97,900
14. 2026-02-16
    listed $99,500 Active
15. 2026-02-02
    status Active 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

16. 2026-01-28
    status Pending 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

17. 2026-01-28
    historical 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

18. 2026-01-19
    price $107,500 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

19. 2026-01-16
    price $110,000 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

20. 2026-01-12
    price $112,500 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

21. 2025-12-22
    price $115,000 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

22. 2025-12-04
    listed $130,000 Active 644-char remark

    Show marketing remark (644 chars)

    This fully updated and freshly painted 1 bedroom, 1 bathroom home is a fantastic opportunity for both investors and first-time homebuyers. The property features new flooring, new kitchen, new bathroom, new windows, and a new hot water heater. The A/C unit is less than 5 years old, offering added efficiency and reliability. Move-in ready and low maintenance, this home is ideal for owner-occupants seeking affordability or investors looking for a turnkey rental in a high-demand area. Conveniently located near downtown Jacksonville and major roadways. Home is being sold As Is. Buyer inspections encouraged. Schedule your showing today!

23. 2025-03-19
    soldstatus $34,000 Closed 126-char remark

    Show marketing remark (126 chars)

    Calling all Cash buyers for this cute 1 Bedroom 1 Bath house, with a lot of potential to renovate,flip or rent! Selling AS IS

24. 2025-03-07
    status Pending 126-char remark

    Show marketing remark (126 chars)

    Calling all Cash buyers for this cute 1 Bedroom 1 Bath house, with a lot of potential to renovate,flip or rent! Selling AS IS

25. 2025-02-28
    listed $40,000 Active 126-char remark

    Show marketing remark (126 chars)

    Calling all Cash buyers for this cute 1 Bedroom 1 Bath house, with a lot of potential to renovate,flip or rent! Selling AS IS

ⓘ 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: $801 · $67/mo
• Projected year-2 tax: $805 · $67/mo
• Expected delta: +$4/yr ($0/mo · 0.5%)

ⓘ 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 ≥106°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: $11,122
• − Mortgage interest: −$5,434
• − Property taxes: −$801
• − Insurance: −$485
• − Repairs & maintenance: −$890
• − Management: −$890
• − Depreciation: −$2,822
• Taxable loss: −$199
• Est. tax savings @ 24.0%: +$48
• After-tax cash flow: $1,444/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): 17,105
• Household income: $39,242
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 1057.0

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 (65%)
• Race & ethnicity: Black 65% White 22% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Arabic 1% German/W. Germanic 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: ▼ -64.55%
• Current HPI: 208.1852
• Rent YoY: ▲ 0.94%
• 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

+142.5% since first listed

14 events — show timeline

• 2026-05-02 Price Changed $97,000 realMLS
• 2026-04-03 Price Changed $97,900 realMLS
• 2026-02-16 Listed $99,500 realMLS
• 2026-02-02 Relisted — realMLS
• 2026-01-28 Pending — realMLS
• 2026-01-28 Listing Removed — realMLS
• 2026-01-19 Price Changed $107,500 realMLS
• 2026-01-16 Price Changed $110,000 realMLS
• 2026-01-12 Price Changed $112,500 realMLS
• 2025-12-22 Price Changed $115,000 realMLS
• 2025-12-04 Listed $130,000 realMLS
• 2025-03-19 Sold (MLS) $34,000 realMLS
• 2025-03-07 Pending — realMLS
• 2025-02-28 Listed $40,000 realMLS

Property tax history

+6.0%/yr

Latest (2025): $801 · +27.8% YoY. Source: county tax records.