1410 W 12th St · Jacksonville, FL 32209

$160,000

5 bd · 2.0 ba · 1,958 sqft · SingleFamily public records · 15 Days on market

Built 1945 Est $211k · 24% under ↓ 22% since listing

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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 +21.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +6.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious Brick Home Near Downtown - Great Potential! Come tour this charming 5-bedroom, 2-bathroom brick home just minutes from downtown! This spacious property features an open floor plan, new flooring, and updated kitchen and bathrooms, creating a comfortable and inviting living space. The home also includes a large bonus room in the back, giving you the opportunity to easily convert the property into a 6-bedroom home--perfect for a large family, rental potential, or extra workspace. While the home could use a little TLC, it offers incredible potential and value. All appliances present during the showing will be included in the sale, making this an even more convenient move-in opportunity. Additional highlight: A/C replaced in 2023 Don't miss the chance to make this versatile property your own. Schedule your tour today!

Key facts

• Open floor plan
• Large bonus room
• Brick home

Tags

• BRICK HOME
• OPEN FLOOR PLAN
• UPDATED KITCHEN
• LARGE BONUS ROOM
• A/C REPLACED

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Electricity connected; Sewer connected; Water connected
• Home design: Single Family Residence; Currently used for residential and investment purposes
• Exterior features: No private pool

Interior

• Kitchen: Electric cooktop; Electric oven; Electric range; Microwave; Refrigerator
• Bedrooms: 5 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Electric cooling
• Interior features: Unfurnished
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $247 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $158k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.1% 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 rising (+1.8%/yr); 394 active listings in the ZIP; 11 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).
• At $1,847/mo this rent would consume 73% 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 $1k of loan paydown is wiped out by about $5k 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 15 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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 1945 — 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 $157,600 (1.5% below list)

Questions for the listing agent

1. Built in 1945 — 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: 1.15% ✓
• Cap rate: 8.14%
• Cash-on-cash: 6.61%
• DSCR: 1.29
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $211,464
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1021 W 13th St	0.42mi	5/2.0	1,974 (+1%)	15mo	$200,000	$101	66
1819 W 10th St	0.55mi	4/2.0 (-1)	1,821 (-7%)	4mo	$206,000	$113	54
1337 W 23rd St	0.55mi	6/3.0 (+1)	1,968 (+0%)	13mo	$212,110	$108	54
1702 W 5th St	0.64mi	4/3.0 (-1)	1,770 (-10%)	16mo	$210,000	$119	31
1307 Grunthal St	0.69mi	4/2.0 (-1)	1,684 (-14%)	13mo	$120,000	$71	29

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: -7.5%
• Equity multiple: 0.73×
• Total profit: $-12,299
• Equity at exit: $23,857

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,156
• Equity at exit: $13,834

Cash invested: $44,800 (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: 394
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,847 high
• Mortgage (P&I): −$839
• Tax from tax record: −$307 /mo · $3,681/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $247

Break-even live

Break-even rent $1,535

Max offer price $160,000

Occupancy floor 82%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1511 W 15th St Jacksonville, FL	5.0	3.0	1720	$2,100	$1.22	23d	1	0.25mi
1355 Grothe St Jacksonville, FL	4.0	1.0	1312	$1,350	$1.03	17d	1	0.49mi
1781 W 3rd St Jacksonville, FL	4.0	2.0	1632	$650	$0.40	23d	1	0.75mi
1288 W 28th St Jacksonville, FL	4.0	1.5	1449	$1,267	$0.87	13d	1	0.80mi
1029 W 25th St Unit 1 Jacksonville, FL	5.0	2.0	1410	$2,200	$1.56	23d	1	0.83mi
1025 W 25th St Unit 1 Jacksonville, FL	5.0	2.0	1500	$2,000	$1.33	23d	1	0.84mi
1149 W 28th St Jacksonville, FL	4.0	2.0	1344	$1,302	$0.97	23d	1	0.88mi
1607 Logan St Jacksonville, FL	4.0	2.0	1232	$1,800	$1.46	23d	1	0.94mi
2415 N Canal St Jacksonville, FL	4.0	2.0	1572	$1,475	$0.94	19d	1	1.14mi
421 Golfair Blvd Jacksonville, FL	4.0	2.5	1761	$1,381	$0.78	16d	1	1.38mi
30 W 12th St Jacksonville, FL	4.0	3.0	1792	$2,580	$1.44	1d	1	1.40mi

Listing history 12 events

1. 2026-04-30
   status Pending
2. 2026-04-07
   listed $160,000 Active
3. 2026-04-04
   historical 851-char remark

   Show marketing remark (851 chars)

   Spacious Brick Home Near Downtown - Great Potential! Come tour this charming 5-bedroom, 2-bathroom brick home just minutes from downtown! This spacious property features an open floor plan, new flooring, and updated kitchen and bathrooms, creating a comfortable and inviting living space. The home also includes a large bonus room in the back, giving you the opportunity to easily convert the property into a 6-bedroom home--perfect for a large family, rental potential, or extra workspace. While the home could use a little TLC, it offers incredible potential and value. All appliances present during the showing will be included in the sale, making this an even more convenient move-in opportunity. Additional highlight: A/C replaced in 2023 Don't miss the chance to make this versatile property your own. Schedule your tour today!

4. 2026-03-12
   price $199,000 851-char remark

   Show marketing remark (851 chars)

   Spacious Brick Home Near Downtown - Great Potential! Come tour this charming 5-bedroom, 2-bathroom brick home just minutes from downtown! This spacious property features an open floor plan, new flooring, and updated kitchen and bathrooms, creating a comfortable and inviting living space. The home also includes a large bonus room in the back, giving you the opportunity to easily convert the property into a 6-bedroom home--perfect for a large family, rental potential, or extra workspace. While the home could use a little TLC, it offers incredible potential and value. All appliances present during the showing will be included in the sale, making this an even more convenient move-in opportunity. Additional highlight: A/C replaced in 2023 Don't miss the chance to make this versatile property your own. Schedule your tour today!

5. 2025-11-05
   listed $205,000 Active 851-char remark

   Show marketing remark (851 chars)

   Spacious Brick Home Near Downtown - Great Potential! Come tour this charming 5-bedroom, 2-bathroom brick home just minutes from downtown! This spacious property features an open floor plan, new flooring, and updated kitchen and bathrooms, creating a comfortable and inviting living space. The home also includes a large bonus room in the back, giving you the opportunity to easily convert the property into a 6-bedroom home--perfect for a large family, rental potential, or extra workspace. While the home could use a little TLC, it offers incredible potential and value. All appliances present during the showing will be included in the sale, making this an even more convenient move-in opportunity. Additional highlight: A/C replaced in 2023 Don't miss the chance to make this versatile property your own. Schedule your tour today!

6. 2023-10-02
   soldstatus $198,000
7. 2023-09-11
   soldstatus $198,000 Closed 158-char remark

   Show marketing remark (158 chars)

   Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

8. 2023-08-29
   status Pending 158-char remark

   Show marketing remark (158 chars)

   Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

9. 2023-04-28
   status Pending 158-char remark

   Show marketing remark (158 chars)

   Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

10. 2023-04-20
    status Active 158-char remark

    Show marketing remark (158 chars)

    Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

11. 2023-01-11
    status Pending 158-char remark

    Show marketing remark (158 chars)

    Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

12. 2023-01-02
    listed $204,000 Active 158-char remark

    Show marketing remark (158 chars)

    Gorgeous 5bed/2bath home conveniently located. It features new floors, new kitchen and a new bathroom. The ac is also new. Come see it before it is too late!!

ⓘ 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: $3,681 · $307/mo
• Projected year-2 tax: $3,681 · $307/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 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,167
• − Mortgage interest: −$8,962
• − Property taxes: −$3,681
• − Insurance: −$800
• − Repairs & maintenance: −$1,773
• − Management: −$1,773
• − Depreciation: −$4,655
• Taxable income: $522
• Est. tax owed @ 24.0%: −$125
• After-tax cash flow: $2,837/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

-21.6% since first listed

12 events — show timeline

• 2026-04-30 Pending — realMLS
• 2026-04-07 Listed $160,000 realMLS
• 2026-04-04 Listing Removed — realMLS
• 2026-03-12 Price Changed $199,000 realMLS
• 2025-11-05 Listed $205,000 realMLS
• 2023-10-02 Sold (Public Records) $198,000 Public Records
• 2023-09-11 Sold (MLS) $198,000 realMLS
• 2023-08-29 Pending — realMLS
• 2023-04-28 Pending — realMLS
• 2023-04-20 Relisted — realMLS
• 2023-01-11 Pending — realMLS
• 2023-01-02 Listed $204,000 realMLS

Property tax history

+18.7%/yr

Latest (2025): $3,681 · +14.9% YoY. Source: county tax records.