2120 McQuade St · Jacksonville, FL 32209

$129,500

3 bd · 1.0 ba · 1,122 sqft · SingleFamily public records · 242 Days on market

Built 1923 3,920 sqft lot Est $101k · 28% over

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Why this score? — see what drove the D+ 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 +22.7/30.0
• DSCR +7.3/10.0
• 1% rule +5.2/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

Key facts

• Fenced yard
• 3,920 sq ft lot
• Built 1923

Tags

• FENCED YARD
• CLOSED IN FRONT PORCH
• UPDATES HAVE BEEN DONE

Property features AI

Finance

• HOA & community: Sidewalks; Not a senior community

Exterior

• Parking: Additional off-street parking
• Security: Fire alarm; Smoke detectors
• Utilities: Public sewer; Water available; Sewer connected; Electricity connected; Cable available
• Home design: Single family residence; One level; Entry level: 1; East-facing; Current use: Residential / Investment
• Construction: Aluminum siding; Shingle roof
• Exterior features: Back yard fencing (full chain link); Fire alarm; Smoke detectors; City street frontage; Asphalt road surface

Interior

• Kitchen: Convection oven; Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air
• Interior features: Breakfast nook; Glass-enclosed patio/porch
• Laundry & utility: Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $222 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% 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.
• Zoned schools: Grasp Academy (math 18% / reading 14%, grade F, #2,130 of 2,144 statewide, top 99%, 271 students, 52% FRL); Joseph Stilwell Middle School (math 31% / reading 33%, grade F, #448 of 571 statewide, top 79%, 612 students, 68% FRL); William M. Raines High School (math 14% / reading 13%, grade F, #616 of 667 statewide, top 92%, 1,217 students, 78% FRL) — zoned schools average 66% FRL vs 49% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 20% at this address vs 46% district-wide (-25 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 (+1.8%/yr); 399 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).
• At $1,326/mo this rent would consume 52% of the median local household income ($31k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $895 of loan paydown is wiped out by about $4k 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 242 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y 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 1923 — 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 $113,960 (12.0% below list)

Questions for the listing agent

1. It's been on market 242 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1923 — 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. 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?
7. 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.
8. 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.
9. 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: 1.02% ✓
• Cap rate: 8.35%
• Cash-on-cash: 7.34%
• DSCR: 1.33
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $100,980
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2067 Woodside St	0.13mi	3/1.0	1,013 (-10%)	1mo	$34,900	$34	77
2269 Hartridge St	0.35mi	2/1.0 (-1)	1,149 (+2%)	1mo	$55,000	$48	74
2231 Placeda St	0.38mi	2/1.0 (-1)	1,081 (-4%)	2mo	$26,000	$24	70
1831 Broadway Ave	0.36mi	3/2.0	1,050 (-6%)	3mo	$95,000	$90	66
2308 Commonwealth Ave	0.34mi	3/2.0	1,209 (+8%)	2mo	$209,000	$173	65
2202 W 1st St	0.39mi	3/1.0	988 (-12%)	2mo	$56,900	$58	60
306 Woodlawn Ave	0.73mi	3/2.0	1,100 (-2%)	2mo	$70,000	$64	58
2550 Summit St	0.59mi	2/2.0 (-1)	1,083 (-4%)	1mo	$130,000	$120	57
1116 Fairfax St	0.69mi	3/1.0	1,000 (-11%)	2mo	$173,017	$173	48
357 Smith St	0.61mi	3/2.0	1,000 (-11%)	3mo	$142,000	$142	47
1015 Powhattan St	0.73mi	3/2.0	1,252 (+12%)	3mo	$175,000	$140	40
156 Willow Branch Ave	0.63mi	4/2.0 (+1)	1,268 (+13%)	0mo	$105,000	$83	40

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -6.4%
• Equity multiple: 0.77×
• Total profit: $-8,447
• Equity at exit: $19,309

10-year hold

• IRR: 1.8%
• Equity multiple: 1.12×
• Total profit: $4,460
• Equity at exit: $11,197

Cash invested: $36,260 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 399
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,326 high
• Mortgage (P&I): −$679
• Tax from tax record: −$92 /mo · $1,108/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $222

Break-even live

Break-even rent $1,045

Max offer price $129,500

Occupancy floor 78%

Sensitivity live

Price	-10% $295	-5% $258	+0% $222	+5% $185	+10% $149
Rent	-10% $117	-5% $169	+0% $222	+5% $274	+10% $327
Rate	-1.0pp $287	-0.5pp $255	base $222	+0.5pp $188	+1.0pp $154

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: $32,375
• Closing costs: $3,885
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2128 Woodside St Jacksonville, FL	2.0	1.0	776	$895	$1.15	25d	1	0.11mi
2012 Baldwin St Jacksonville, FL	3.0	2.0	1232	$1,445	$1.17	25d	1	0.16mi
1923 Broadway Ave Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	25d	1	0.26mi
1979 Yulee St Jacksonville, FL	3.0	2.0	1050	$1,500	$1.43	25d	1	0.26mi
2185 Kingston St Jacksonville, FL	3.0	2.0	1230	$1,381	$1.12	25d	1	0.34mi
2154 Placeda St Jacksonville, FL	4.0	1.5	1124	$1,500	$1.33	23d	1	0.35mi
1145 N Canal St Jacksonville, FL	2.0	2.0	1184	$1,396	$1.18	4d	1	0.42mi
2325 Westbrook Cir N Jacksonville, FL	3.0	2.0	812	$1,200	$1.48	25d	1	0.47mi
2410 McQuade St Jacksonville, FL	3.0	2.0	1307	$1,425	$1.09	25d	1	0.52mi
1751 Broadway Ave Jacksonville, FL	2.0	1.0	1000	$1,525	$1.52	6d	1	0.55mi
1995 W 4th St Jacksonville, FL	4.0	1.5	1213	$1,375	$1.13	25d	1	0.58mi
1213 Moat St Jacksonville, FL	2.0	2.5	1022	$1,283	$1.26	19d	1	0.60mi
371 Smith St Jacksonville, FL	3.0	2.0	1050	$1,325	$1.26	6d	1	0.61mi
2011 W 5th St Jacksonville, FL	3.0	1.0	988	$1,150	$1.16	25d	1	0.62mi
1911 W 3rd St Jacksonville, FL	3.0	1.0	912	$1,050	$1.15	6d	1	0.64mi
1319 Woods St Jacksonville, FL	3.0	2.0	1103	$1,221	$1.11	25d	1	0.71mi
1934 W 6th St Jacksonville, FL	3.0	1.0	948	$1,125	$1.19	25d	1	0.72mi
2587 Orchard St Jacksonville, FL	2.0	2.0	992	$1,295	$1.31	9d	1	0.74mi
1657 Union St W Unit 1 Jacksonville, FL	2.0	1.0	700	$1,050	$1.50	3d	1	0.74mi
420 Sunshine St Jacksonville, FL	3.0	2.0	1050	$1,350	$1.29	3d	1	0.75mi
1866 W 6th St Jacksonville, FL	3.0	1.0	1064	$1,120	$1.05	5d	1	0.77mi
1783 W 3rd St Jacksonville, FL	3.0	1.0	816	$650	$0.80	25d	1	0.79mi
1710 W 2nd St Unit A Jacksonville, FL	2.0	1.0	939	$800	$0.85	25d	1	0.80mi
1607 Logan St Jacksonville, FL	4.0	2.0	1232	$1,800	$1.46	25d	1	0.81mi
3035 Fitzgerald St Jacksonville, FL	2.0	1.0	900	$1,021	$1.13	4d	1	0.83mi
1721 Campus St Jacksonville, FL	3.0	2.0	909	$1,400	$1.54	25d	1	0.84mi
1545 Union St W Jacksonville, FL	3.0	2.0	1253	$1,400	$1.12	4d	1	0.84mi
1788 W 5th St Jacksonville, FL	3.0	2.0	948	$1,295	$1.37	25d	1	0.85mi
1539 Union St W Jacksonville, FL	3.0	1.5	1000	$1,144	$1.14	15d	1	0.85mi
1733 McMillan St Jacksonville, FL	3.0	2.0	1211	$1,265	$1.04	6d	1	0.88mi
844 Tyler St Unit 1 Jacksonville, FL	2.0	1.0	800	$900	$1.12	9d	1	0.91mi
841 Ontario St Jacksonville, FL	2.0	1.0	1000	$1,285	$1.28	25d	1	0.94mi
1640 W 4th St Unit 1 Jacksonville, FL	4.0	2.0	1119	$1,675	$1.50	21d	1	0.95mi
3118 Dignan St Jacksonville, FL	4.0	2.0	1103	$1,148	$1.04	3d	1	0.95mi
1470 Windle St Jacksonville, FL	3.0	2.0	1170	$1,425	$1.22	16d	1	0.96mi
2008 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	23d	1	0.98mi
2012 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	22d	1	0.99mi
1448 Union St W Jacksonville, FL	3.0	1.0	958	$1,200	$1.25	25d	1	0.99mi
2526 Phyllis St Jacksonville, FL	3.0	2.0	1300	$1,800	$1.38	25d	1	1.00mi
1934 Ella St Jacksonville, FL	3.0	1.0	1045	$1,095	$1.05	22d	1	1.01mi

Listing history 26 events

1. 2026-06-21
   days on market $129,500 Active 242 DOM
2. 2026-06-18
   days on market $129,500 Active 239 DOM
3. 2026-06-17
   days on market $129,500 Active 238 DOM
4. 2026-06-16
   days on market $129,500 Active 237 DOM
5. 2026-06-15
   days on market $129,500 Active 236 DOM
6. 2026-06-10
   days on market $129,500 Active 230 DOM
7. 2026-06-08
   days on market $129,500 Active 229 DOM
8. 2026-06-08
   days on market $129,500 Active 228 DOM
9. 2026-06-03
   days on market $129,500 Active 224 DOM
10. 2026-06-02
    days on market $129,500 Active 223 DOM
11. 2026-06-01
    days on market $129,500 Active 222 DOM
12. 2026-05-31
    days on market $129,500 Active 221 DOM
13. 2025-10-22
    listed $129,500 Active
14. 2025-04-09
    status Active 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

15. 2025-04-09
    price $129,500 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

16. 2023-08-29
    status Pending 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

17. 2023-04-18
    status Pending 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

18. 2023-04-18
    historical 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

19. 2023-03-24
    listed $125,400 Active 190-char remark

    Show marketing remark (190 chars)

    Nice 3 bedroom 1 bath home with new roof updated kitchen, and bath . A/C about 2 years old needs a little TLC but will make a great 1St time home or investment property for the right person.

20. 2023-02-21
    historical 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

21. 2022-10-05
    status Active 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

22. 2022-08-29
    status Pending 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

23. 2022-08-29
    historical 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

24. 2022-08-10
    status Active 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

25. 2022-07-23
    status Pending 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

26. 2022-07-08
    listed $124,900 Active 167-char remark

    Show marketing remark (167 chars)

    Cozy 3 bedroom 1 bath home with a new roof . Kitchen updated, A/C unit 2 years old. Will make a great home or investment property. Being sold as is needs a little TLC.

ⓘ 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: $1,108 · $92/mo
• Projected year-2 tax: $1,108 · $92/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 · 20 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: $15,908
• − Mortgage interest: −$7,254
• − Property taxes: −$1,108
• − Insurance: −$648
• − Repairs & maintenance: −$1,273
• − Management: −$1,273
• − Depreciation: −$3,767
• Taxable income: $585
• Est. tax owed @ 24.0%: −$141
• After-tax cash flow: $2,522/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): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

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 (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• 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

+3.7% since first listed

14 events — show timeline

• 2025-10-22 Listed $129,500 realMLS
• 2025-04-09 Relisted — realMLS
• 2025-04-09 Price Changed $129,500 realMLS
• 2023-08-29 Pending — realMLS
• 2023-04-18 Pending — realMLS
• 2023-04-18 Listing Removed — realMLS
• 2023-03-24 Listed $125,400 realMLS
• 2023-02-21 Listing Removed — realMLS
• 2022-10-05 Relisted — realMLS
• 2022-08-29 Pending — realMLS
• 2022-08-29 Listing Removed — realMLS
• 2022-08-10 Relisted — realMLS
• 2022-07-23 Pending — realMLS
• 2022-07-08 Listed $124,900 realMLS

Property tax history

+17.9%/yr

Latest (2025): $1,108 · +25.9% YoY. Source: county tax records.