8941 Jefferson Ave · Jacksonville, FL 32208

$67,500

3 bd · 1.0 ba · 1,204 sqft · SingleFamily public records · 5 Days on market

Built 1951 7,840 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

HIGHEST AND BEST DUE SATURDAY, 10/18/25 BY 5PM. SELLER WILL RESPOND BY MONDAY AT NOON. Investor special with new roof. Home is sold AS-IS, seller to make no repairs.

Key facts

• Good space
• New roof
• 7,840 sq ft lot

Tags

• NEW ROOF
• GOOD SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $605 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Cap rate 17.1% 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 soft (-1.4%/yr); 291 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 ($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 $467 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 $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $20k; list at $68k implies a 238% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $67,500

Questions for the listing agent

1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.18% ✓
• Cap rate: 17.06%
• Cash-on-cash: 38.44%
• DSCR: 2.71
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $157,724
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1819 Clyde St	0.19mi	3/1.0	1,204 (0%)	3mo	$137,000	$114	89
9027 5th Ave	0.39mi	3/2.0	1,209 (+0%)	2mo	$243,020	$201	76
9124 5th Ave	0.46mi	3/1.0	1,220 (+1%)	2mo	$180,000	$148	74
9062 2nd Ave	0.30mi	2/2.0 (-1)	1,232 (+2%)	1mo	$149,900	$122	72
8956 5th Ave	0.41mi	3/1.0	1,284 (+7%)	4mo	$80,000	$62	67
9070 3rd Ave	0.35mi	3/2.0	1,300 (+8%)	1mo	$170,000	$131	66
1116 Stark St	0.73mi	3/1.0	1,190 (-1%)	2mo	$65,000	$55	63
8951 6th Ave	0.43mi	2/1.0 (-1)	1,122 (-7%)	3mo	$108,000	$96	61
9224 10th Ave	0.73mi	4/2.0 (+1)	1,170 (-3%)	0mo	$169,000	$144	52
9166 3rd Ave	0.42mi	4/2.0 (+1)	1,352 (+12%)	3mo	$178,000	$132	48
8608 2nd Ave	0.50mi	3/2.0	1,045 (-13%)	4mo	$155,000	$148	48
8004 Delaware Ave	0.70mi	3/1.0	1,064 (-12%)	1mo	$60,000	$56	47

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: 30.9%
• Equity multiple: 2.24×
• Total profit: $23,381
• Equity at exit: $10,064

10-year hold

• IRR: 36.2%
• Equity multiple: 3.84×
• Total profit: $53,635
• Equity at exit: $5,836

Cash invested: $18,900 (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: 291
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,475 high
• Mortgage (P&I): −$354
• Tax from tax record: −$177 /mo · $2,129/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $605

Break-even live

Break-even rent $708

Max offer price $67,500

Occupancy floor 54%

Sensitivity live

Price	-10% $644	-5% $625	+0% $605	+5% $586	+10% $567
Rent	-10% $489	-5% $547	+0% $605	+5% $664	+10% $722
Rate	-1.0pp $639	-0.5pp $623	base $605	+0.5pp $588	+1.0pp $570

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: $16,875
• Closing costs: $2,025
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8910 Adams Ave Jacksonville, FL	4.0	2.0	1250	$1,225	$0.98	3d	1	0.09mi
8918 1st Ave Jacksonville, FL	3.0	2.0	1435	$1,321	$0.92	16d	1	0.21mi
9124 Adams Ave Jacksonville, FL	3.0	3.0	1207	$1,800	$1.49	24d	1	0.22mi
9131 Jefferson Ave Jacksonville, FL	3.0	1.0	910	$1,350	$1.48	4d	1	0.24mi
8973 4th Ave Jacksonville, FL	3.0	2.0	1230	$1,438	$1.17	15d	1	0.33mi
9131 4th Ave Jacksonville, FL	3.0	2.0	1209	$1,496	$1.24	21d	1	0.40mi
8721 4th Ave Jacksonville, FL	3.0	1.5	1344	$1,399	$1.04	24d	1	0.42mi
9017 6th Ave Jacksonville, FL	2.0	1.0	1038	$1,098	$1.06	24d	1	0.43mi
9037 6th Ave Jacksonville, FL	3.0	2.0	1156	$1,400	$1.21	24d	1	0.44mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	2d	1	0.47mi
9565 Carbondale Dr W Unit B Jacksonville, FL	3.0	2.0	1400	$2,000	$1.43	24d	1	0.50mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	24d	1	0.51mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	11d	1	0.51mi
9050 7th Ave Jacksonville, FL	3.0	1.0	896	$1,485	$1.66	24d	1	0.51mi
9032 8th Ave Jacksonville, FL	3.0	2.0	1300	$1,500	$1.15	24d	1	0.55mi
9279 6th Ave Jacksonville, FL	3.0	2.0	1150	$1,245	$1.08	4d	1	0.56mi
1021 Lake Forest Blvd Jacksonville, FL	3.0	1.0	1393	$1,290	$0.93	3d	1	0.69mi
8253 Lexington Dr Jacksonville, FL	3.0	1.0	910	$1,330	$1.46	24d	1	0.71mi
9141 12th Ave Jacksonville, FL	3.0	2.0	1209	$1,598	$1.32	20d	1	0.74mi
912 Saratoga Blvd Jacksonville, FL	3.0	1.0	930	$1,250	$1.34	24d	1	0.76mi
915 Wayne St Jacksonville, FL	4.0	2.0	1220	$1,313	$1.08	3d	1	0.77mi
9346 10th Ave Jacksonville, FL	3.0	1.0	985	$1,825	$1.85	24d	1	0.79mi
9148 13th Ave Jacksonville, FL	3.0	1.0	1126	$1,136	$1.01	4d	1	0.82mi
3015 Lansdell Dr Jacksonville, FL	3.0	1.0	1150	$1,350	$1.17	24d	1	0.89mi
7927 Reid Ave Jacksonville, FL	3.0	1.0	1055	$1,500	$1.42	24d	1	0.90mi
2389 Hilly Rd Jacksonville, FL	3.0	1.0	908	$1,650	$1.82	24d	1	0.90mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	8d	1	0.96mi
1000 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	949	$1,684	$1.77	3d	9	0.97mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	24d	1	1.04mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	15d	1	1.04mi
3250 Soutel Dr Jacksonville, FL	3.0	2.0	1352	$1,525	$1.13	24d	1	1.04mi
3344 Soutel Dr Jacksonville, FL	3.0	1.0	1142	$1,325	$1.16	24d	1	1.19mi
800 Broward Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1028	$1,711	$1.66	2d	42	1.21mi
780 Island Point Dr Jacksonville, FL	1.0–3.0	1.0–2.0	1164	$2,143	$1.84	4d	16	1.21mi
2312 Palmdale St Jacksonville, FL	3.0	2.0	972	$1,231	$1.27	24d	1	1.27mi
2534 Aubrey Ave Jacksonville, FL	4.0	2.0	759	$1,250	$1.65	24d	1	1.30mi
2950 Bessent Rd Jacksonville, FL	3.0	2.0	1446	$1,779	$1.23	21d	1	1.44mi
9806 Morgan Marsh Ct Jacksonville, FL	3.0	2.5	1380	$1,609	$1.17	24d	1	1.45mi
9806 Morgan Marsh Ct Unit 9856 Jacksonville, FL	3.0	2.5	1380	$1,609	$1.17	20d	1	1.45mi
9808 Morgan Marsh Ct Jacksonville, FL	3.0	2.5	1380	$1,599	$1.16	24d	1	1.45mi

Listing history 4 events

1. 2025-10-20
   status Pending
2. 2025-10-15
   listed $67,500 Active
3. 1980-06-01
   soldstatus $20,000
4. 1978-08-11
   soldstatus $14,750

ⓘ 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: $2,129 · $177/mo
• Projected year-2 tax: $2,129 · $177/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 6/10 Major FEMA zone X (unshaded) · 54% 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 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,696
• − Mortgage interest: −$3,781
• − Property taxes: −$2,129
• − Insurance: −$338
• − Repairs & maintenance: −$1,416
• − Management: −$1,416
• − Depreciation: −$1,964
• Taxable income: $6,653
• Est. tax owed @ 24.0%: −$1,597
• After-tax cash flow: $5,669/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

+357.6% since first listed

4 events — show timeline

• 2025-10-20 Pending — realMLS
• 2025-10-15 Listed $67,500 realMLS
• 1980-06-01 Sold (Public Records) $20,000 Public Records
• 1978-08-11 Sold (Public Records) $14,750 Public Records

Property tax history

+18.3%/yr

Latest (2025): $2,129 · +509.9% YoY. Source: county tax records.