236 E 46th St · Jacksonville, FL 32208

$149,000

3 bd · 2.0 ba · 1,160 sqft · SingleFamily public records · 3 Days on market

Built 1937 4,791 sqft lot Est $147k · at est.

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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 +15.8/30.0
• ARV discount +7.0/15.0
• DSCR +4.9/10.0
• Livability +4.2/5.0
• 1% rule +3.9/10.0
• 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

Cute bungalow, split family floor plan, does have owner's suite. Great for investor. Needs updating and some elbow grease.

Key facts

• Fenced yard
• Driveway
• Owner's suite

Tags

• SPLIT FAMILY FLOOR PLAN
• OWNER'S SUITE
• NATURAL MORNING LIGHT
• FENCED YARD
• DRIVEWAY

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Off-street parking
• Utilities: Public sewer; Cable available
• Home design: Single family residence; One story
• Construction: Vinyl siding; Shingle roof
• Exterior features: Chain link fencing; City street frontage

Interior

• Kitchen: Electric oven; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Split bedroom layout
• Laundry & utility: Washer hookup in unit; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $69 ($833/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 $133k (11.0% below list).
• Recommended offer: $133k (11.0% below list) — sets the bar for 1% rule.
• Cap rate 6.9% 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: North Shore Elementary (math 49% / reading 36%, grade F, #1,383 of 2,144 statewide, top 65%, 701 students, 86% FRL); Matthew W. Gilbert Middle School (math 26% / reading 17%, grade F, #553 of 571 statewide, top 97%, 688 students, 86% FRL); Andrew Jackson High School (math 30% / reading 26%, grade F, #464 of 667 statewide, top 70%, 870 students, 54% FRL) — zoned schools average 75% FRL vs 49% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 31% at this address vs 46% district-wide (-15 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-1.4%/yr); 294 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 20y 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.
• Current owner paid $41k; list at $149k implies a 263% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1937 — 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 $132,557 (11.0% below list)

Questions for the listing agent

1. Built in 1937 — 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. 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?
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: 0.89% ✗
• Cap rate: 6.85%
• Cash-on-cash: 2.00%
• DSCR: 1.09
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $147,320
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
118 E 45th St	0.13mi	3/1.0	1,132 (-2%)	3mo	$161,000	$142	84
250 E 48th St	0.10mi	3/1.0	1,027 (-12%)	3mo	$110,000	$107	70
264 E 45th St	0.06mi	3/1.0	1,328 (+14%)	2mo	$105,000	$79	67
4808 Silver St	0.60mi	3/1.0	1,120 (-3%)	1mo	$135,000	$121	62
628 E 59th St	0.62mi	3/1.0	1,213 (+5%)	1mo	$97,000	$80	59
6711 Drayton St	0.57mi	3/1.0	1,088 (-6%)	3mo	$138,000	$127	56
732 57th Street Ct	0.61mi	3/1.0	1,089 (-6%)	3mo	$153,900	$141	55
110 Tallulah Ave	0.69mi	3/1.0	1,102 (-5%)	2mo	$181,000	$164	54
317 W 41st St	0.62mi	3/2.0	1,268 (+9%)	2mo	$125,000	$99	54
558 E 60th St	0.67mi	3/2.0	1,306 (+13%)	2mo	$210,000	$161	46
50 W 58th St	0.60mi	2/1.0 (-1)	1,004 (-13%)	2mo	$71,000	$71	40
429 W 46th St	0.65mi	2/1.0 (-1)	1,020 (-12%)	2mo	$167,000	$164	38

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: -16.4%
• Equity multiple: 0.43×
• Total profit: $-23,622
• Equity at exit: $22,216

10-year hold

• IRR: -14.4%
• Equity multiple: 0.28×
• Total profit: $-29,941
• Equity at exit: $12,883

Cash invested: $41,720 (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: 294
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,326 high
• Mortgage (P&I): −$781
• Tax from tax record: −$134 /mo · $1,612/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $69

Break-even live

Break-even rent $1,238

Max offer price $149,000

Occupancy floor 90%

Sensitivity live

Price	-10% $154	-5% $112	+0% $69	+5% $27	+10% $-15
Rent	-10% $-35	-5% $17	+0% $69	+5% $122	+10% $174
Rate	-1.0pp $144	-0.5pp $107	base $69	+0.5pp $31	+1.0pp $-9

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
205 E 44th St Jacksonville, FL	3.0	1.0	955	$1,075	$1.13	22d	1	0.11mi
349 E 45th St Jacksonville, FL	2.0	1.0	954	$1,175	$1.23	9d	1	0.12mi
217 E 48th St Jacksonville, FL	3.0	1.0	979	$1,096	$1.12	12d	1	0.13mi
345 E 44th St Jacksonville, FL	3.0	1.0	1145	$1,150	$1.00	25d	1	0.14mi
222 E 43rd St Jacksonville, FL	2.0	1.0	840	$946	$1.13	25d	1	0.17mi
18 W 43rd St Jacksonville, FL	2.0	1.0	750	$795	$1.06	6d	1	0.34mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,459	$1.79	25d	69	0.37mi
549 E 55th St Jacksonville, FL	3.0	2.0	1230	$1,488	$1.21	12d	1	0.40mi
555 E 55th St Jacksonville, FL	3.0	2.0	1230	$1,488	$1.21	12d	1	0.41mi
567 E 55th St Jacksonville, FL	3.0	2.0	1230	$1,488	$1.21	16d	1	0.42mi
33 W 55th St Jacksonville, FL	4.0	2.0	1387	$1,321	$0.95	4d	1	0.45mi
141 W 43rd St Jacksonville, FL	3.0	2.0	1022	$1,231	$1.20	4d	1	0.46mi
516 E 58th St Jacksonville, FL	4.0	2.0	1232	$1,725	$1.40	9d	1	0.49mi
41 Tallulah Ave Jacksonville, FL	3.0	1.0	1092	$1,390	$1.27	4d	1	0.57mi
6418 Sapphire Dr Jacksonville, FL	3.0	1.5	1296	$1,350	$1.04	25d	1	0.58mi
22 W 38th St Jacksonville, FL	2.0	1.0	800	$1,100	$1.38	25d	1	0.59mi
319 W 49th St Jacksonville, FL	2.0	1.0	977	$1,200	$1.23	25d	1	0.64mi
524 E 60th St Jacksonville, FL	3.0	1.0	1212	$1,195	$0.99	9d	1	0.64mi
525 E 60th St Jacksonville, FL	3.0	2.0	1120	$1,471	$1.31	25d	1	0.66mi
425 W 47th St Jacksonville, FL	3.0	1.5	1083	$1,193	$1.10	9d	1	0.68mi
4918 N Pearl St Jacksonville, FL	2.0	1.0	850	$895	$1.05	25d	1	0.68mi
7115 Lucky Dr W Jacksonville, FL	3.0	1.0	1158	$1,500	$1.30	25d	1	0.73mi
814 E 60th St Jacksonville, FL	2.0	1.0	981	$1,199	$1.22	3d	1	0.74mi
6945 Nelms St Jacksonville, FL	4.0	2.0	1128	$1,550	$1.37	4d	1	0.75mi
562 W 49th St Jacksonville, FL	3.0	1.0	1091	$1,195	$1.10	25d	1	0.78mi
511 Ivy St Jacksonville, FL	2.0	1.0	900	$995	$1.11	25d	1	0.78mi
841 E 60th St Jacksonville, FL	3.0	1.0	954	$1,225	$1.28	25d	1	0.78mi
7140 Buffalo Ave Jacksonville, FL	2.0	1.0	832	$1,321	$1.59	25d	1	0.80mi
28 W 33rd St Jacksonville, FL	4.0	1.0	1395	$898	$0.64	9d	1	0.80mi
609 E 30th St Jacksonville, FL	2.0	2.0	818	$1,138	$1.39	25d	1	0.80mi
356 Duray Ct Jacksonville, FL	3.0	2.0	1070	$1,425	$1.33	15d	1	0.81mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	5d	1	0.83mi
385 Duray Ct Jacksonville, FL	3.0	1.0	932	$1,250	$1.34	21d	1	0.84mi
451 Long Branch Blvd Unit 451 Jacksonville, FL	2.0	1.0	1000	$1,350	$1.35	25d	1	0.86mi
6460 Lanark Ave Jacksonville, FL	2.0	1.0	708	$1,095	$1.55	25d	1	0.86mi
7525 Oakwood St Jacksonville, FL	3.0	1.0	945	$1,375	$1.46	16d	1	0.89mi
643 Linwood Ave Jacksonville, FL	3.0	2.0	1232	$1,325	$1.08	4d	1	0.90mi
5616 Calvin Ave Jacksonville, FL	3.0	1.0	1008	$1,195	$1.19	9d	1	0.91mi
343 W 60th St Jacksonville, FL	3.0	1.0	1238	$1,299	$1.05	22d	1	0.91mi
209 Woodrow St Jacksonville, FL	3.0	1.0	1282	$1,325	$1.03	25d	1	0.91mi

Listing history 3 events

1. 2026-06-21
   days on market $149,000 Active 3 DOM
2. 2026-06-18
   remarks 196-char remark
3. 2026-06-18
   listed $149,000 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: $1,612 · $134/mo
• Projected year-2 tax: $1,612 · $134/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: $15,907
• − Mortgage interest: −$8,346
• − Property taxes: −$1,612
• − Insurance: −$745
• − Repairs & maintenance: −$1,273
• − Management: −$1,273
• − Depreciation: −$4,335
• Taxable loss: −$1,677
• Est. tax savings @ 24.0%: +$402
• After-tax cash flow: $1,235/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

+142.3% since first listed

17 events — show timeline

• 2026-06-18 Listed $149,000 realMLS
• 2026-04-23 Listing Removed — realMLS
• 2026-03-24 Relisted — realMLS
• 2026-03-16 Listing Removed — realMLS
• 2026-02-24 Price Changed $115,000 realMLS
• 2026-01-20 Listed $125,000 realMLS
• 2009-06-30 Sold (Public Records) $41,000 Public Records
• 2009-06-13 Listing Removed — realMLS
• 2009-06-12 Sold (MLS) $41,000 realMLS
• 2009-01-12 Listed $42,000 realMLS
• 2009-01-10 Listing Removed — realMLS
• 2008-04-08 Listed $42,000 realMLS
• 2006-10-09 Listing Removed — realMLS
• 2006-09-13 Listed $105,000 realMLS
• 2006-09-12 Listing Removed — realMLS
• 2006-08-07 Listed $105,000 realMLS
• 1999-07-16 Sold (Public Records) $61,500 Public Records

Property tax history

+7.1%/yr

Latest (2025): $1,612 · +18.4% YoY. Source: county tax records.