1060 La Marche Dr · Jacksonville, FL 32205

$119,500

3 bd · 2.0 ba · 1,644 sqft · SingleFamily public records · 6 Days on market

Built 1956

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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
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home in established neighborhood, waiting for new memory's to cultivate. Brick fire place and porch to relax. One Year Home Warranty included. Security system.

Key facts

• Near dining
• Near shopping
• Major roadways

Tags

• SPACIOUS LOT
• ESTABLISHED NEIGHBORHOOD
• NEAR SHOPPING
• NEAR DINING
• MAJOR ROADWAYS

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Carport (1 space)
• Utilities: Cable available
• Home design: Single-family residence
• Exterior features: No private pool; Residential use

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other appliances (unspecified)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $455 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Cap rate 10.9% 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.
• Market conditions: Rents rising (+1.7%/yr); 318 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 32% of the median local income ($65k/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 $826 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.
• At projected returns (-3.0% appreciation + 1.7% rent growth), your $33k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 19y ago; this cycle's ask is 5% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $46k; list at $120k implies a 160% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — 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 $119,500

Questions for the listing agent

1. Built in 1956 — 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: 1.45% ✓
• Cap rate: 10.86%
• Cash-on-cash: 16.30%
• DSCR: 1.73
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $251,532
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
951 Grace Ter	0.32mi	3/2.0	1,559 (-5%)	0mo	$265,000	$170	76
1002 Cherbourg Ave E	0.16mi	4/2.0 (+1)	1,543 (-6%)	5mo	$237,200	$154	73
6791 Grace Cir N	0.43mi	3/2.5	1,620 (-2%)	4mo	$215,000	$133	72
6791 Grace Ln	0.34mi	3/1.5	1,587 (-4%)	10mo	$140,000	$88	68
6845 Cherbourg Ave S	0.13mi	4/2.0 (+1)	1,505 (-8%)	8mo	$230,000	$153	68
964 Grace Ter	0.27mi	3/2.5	1,792 (+9%)	8mo	$290,000	$162	64
6742 Grace Ln	0.36mi	3/2.0	1,759 (+7%)	9mo	$145,000	$82	64
1141 Le Brun Dr	0.21mi	4/2.0 (+1)	1,759 (+7%)	12mo	$306,020	$174	63
913 Le Brun Dr	0.32mi	4/3.0 (+1)	1,734 (+6%)	8mo	$237,000	$137	60
6922 Rollo Rd	0.26mi	3/1.0	1,400 (-15%)	8mo	$189,900	$136	52
6970 Deauville Rd	0.41mi	3/2.0	1,410 (-14%)	11mo	$230,000	$163	48
949 Granville Rd	0.42mi	3/1.0	1,425 (-13%)	8mo	$197,000	$138	48

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 · 1.73% rent growth · sell at horizon

5-year hold

• IRR: 5.8%
• Equity multiple: 1.22×
• Total profit: $7,474
• Equity at exit: $17,818

10-year hold

• IRR: 14.0%
• Equity multiple: 2.06×
• Total profit: $35,350
• Equity at exit: $10,332

Cash invested: $33,460 (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 32205

• Rents YoY: 1.7%
• Active inventory: 318
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,737 high
• Mortgage (P&I): −$627
• Tax from tax record: −$241 /mo · $2,898/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $455

Break-even live

Break-even rent $1,162

Max offer price $119,500

Occupancy floor 69%

Sensitivity live

Price	-10% $522	-5% $488	+0% $455	+5% $421	+10% $387
Rent	-10% $317	-5% $386	+0% $455	+5% $523	+10% $592
Rate	-1.0pp $515	-0.5pp $485	base $455	+0.5pp $424	+1.0pp $392

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: $29,875
• Closing costs: $3,585
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
909 La Marche Dr Jacksonville, FL	3.0	1.0	1326	$1,600	$1.21	21d	1	0.19mi
7010 Arques Rd Jacksonville, FL	3.0	1.0	1428	$1,595	$1.12	15d	1	0.20mi
7010 Arques Rd Jacksonville, FL	3.0	1.0	1428	$1,595	$1.12	12d	1	0.20mi
6781 Grace Ln Jacksonville, FL	4.0	3.0	1296	$2,300	$1.77	25d	1	0.35mi
734 Bent Baum Rd Jacksonville, FL	3.0	2.5	1725	$1,650	$0.96	25d	1	0.57mi
909 Westgate Dr Jacksonville, FL	3.0	1.5	1051	$1,595	$1.52	5d	1	0.67mi
863 Westgate Dr Jacksonville, FL	3.0	2.0	1287	$1,800	$1.40	18d	1	0.72mi
1116 Palisades Dr Jacksonville, FL	3.0	2.0	1161	$1,550	$1.34	4d	1	0.88mi
1570 Lane Ave S Jacksonville, FL	1.0–2.0	1.0–1.5	862	$1,425	$1.65	3d	10	0.91mi
6128 Hollow Ct Key Hollow Jacksonville, FL	3.0	3.0	1492	$1,800	$1.21	25d	1	0.94mi
5710 Lenox Ave Jacksonville, FL	1.0–4.0	1.0–2.0	988	$1,299	$1.31	25d	1	0.99mi
6161 Park St Jacksonville, FL	3.0	2.0	1209	$1,473	$1.22	17d	1	1.03mi
5687 Atlee Ave Jacksonville, FL	3.0	1.0	1130	$1,350	$1.19	25d	1	1.06mi
1209 Ellis Rd S Jacksonville, FL	4.0	2.5	1665	$1,698	$1.02	17d	1	1.08mi
5671 Ellis Trace Dr Jacksonville, FL	3.0	2.0	1197	$1,595	$1.33	25d	1	1.09mi
5647 Ellis Trace Dr Jacksonville, FL	3.0	2.0	1200	$1,595	$1.33	16d	1	1.12mi
6037 Marsha Dr Jacksonville, FL	3.0	1.0	1296	$1,250	$0.96	16d	1	1.15mi
7777 Normandy Blvd Jacksonville, FL	1.0–3.0	1.0–2.0	1040	$1,999	$1.92	4d	19	1.15mi
1591 Lane Ave S Jacksonville, FL	1.0–3.0	1.0–2.0	954	$1,485	$1.56	25d	1	1.19mi
214 Santa Barbara Ave Jacksonville, FL	3.0	2.0	1127	$1,308	$1.16	16d	1	1.19mi
1289 Neva St Jacksonville, FL	3.0	2.5	1509	$1,585	$1.05	25d	1	1.23mi
1485 Fouraker Rd Jacksonville, FL	1.0–3.0	1.0–2.0	947	$1,965	$2.07	3d	55	1.24mi
1756 Lane Ave S Unit 1 Jacksonville, FL	3.0	2.0	1254	$1,399	$1.12	9d	1	1.24mi
1252 Mull St Jacksonville, FL	3.0	2.5	1509	$1,496	$0.99	17d	1	1.27mi
8054 Graff Ln Jacksonville, FL	3.0	2.0	1117	$1,699	$1.52	3d	1	1.29mi
1303 Mull St Jacksonville, FL	3.0	2.5	1409	$1,725	$1.22	25d	1	1.34mi
1335 Mull St Jacksonville, FL	3.0	2.5	1409	$1,725	$1.22	25d	1	1.36mi
1128 Comanche St Jacksonville, FL	4.0	2.5	1539	$1,761	$1.14	4d	1	1.37mi
1374 Lake Shore Blvd Jacksonville, FL	4.0	2.0	1456	$2,150	$1.48	9d	2	1.38mi
7841 Mariner St Jacksonville, FL	3.0	2.0	1209	$1,625	$1.34	18d	1	1.40mi
7847 Mariner St Jacksonville, FL	3.0	2.0	1209	$1,599	$1.32	25d	1	1.41mi
5304 Attleboro St Unit NA Jacksonville, FL	3.0	2.5	1987	$1,900	$0.96	25d	1	1.41mi
7810 Spring Branch Dr S Jacksonville, FL	3.0	2.0	1284	$1,960	$1.53	3d	1	1.43mi
6039 Oracle Ct Unit 1 Jacksonville, FL	3.0	2.5	2010	$2,600	$1.29	4d	1	1.45mi

Listing history 10 events

1. 2026-04-29
   status Pending
2. 2026-04-26
   price $119,500
3. 2026-04-26
   status Active
4. 2026-04-23
   status Pending
5. 2026-04-20
   listed $113,900 Active
6. 2016-12-29
   soldstatus $45,900
7. 2008-02-19
   historical 170-char remark

   Show marketing remark (170 chars)

   Beautiful home in established neighborhood, waiting for new memory's to cultivate. Brick fire place and porch to relax. One Year Home Warranty included. Security system.

8. 2007-08-19
   listed $154,900 170-char remark

   Show marketing remark (170 chars)

   Beautiful home in established neighborhood, waiting for new memory's to cultivate. Brick fire place and porch to relax. One Year Home Warranty included. Security system.

9. 1990-07-01
   soldstatus $55,000
10. 1981-12-23
    soldstatus $31,733

ⓘ 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: $2,898 · $241/mo
• Projected year-2 tax: $2,898 · $241/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 2/10 Low
• 🌡 Heat 8/10 Severe 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 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,847
• − Mortgage interest: −$6,694
• − Property taxes: −$2,898
• − Insurance: −$598
• − Repairs & maintenance: −$1,668
• − Management: −$1,668
• − Depreciation: −$3,476
• Taxable income: $3,846
• Est. tax owed @ 24.0%: −$923
• After-tax cash flow: $4,531/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): 29,148
• Household income: $64,789
• Rent vs Own: 45.2% rent · 54.8% own
• Severe rent burden: 1398.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Black 21% Hispanic / Latino 11% Two or more races 7% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4% Cuban 1%
• Common ancestry: Slovak 3% Lithuanian 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Dominican Republic
• Languages at home: 88% English-only · Spanish 8% Vietnamese 1% 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: ▼ -386.70%
• Current HPI: 310.4566
• Rent YoY: ▲ 1.73%
• 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

+276.6% since first listed

10 events — show timeline

• 2026-04-29 Pending — realMLS
• 2026-04-26 Price Changed $119,500 realMLS
• 2026-04-26 Relisted — realMLS
• 2026-04-23 Pending — realMLS
• 2026-04-20 Listed $113,900 realMLS
• 2016-12-29 Sold (Public Records) $45,900 Public Records
• 2008-02-19 Listing Removed — realMLS
• 2007-08-19 Listed $154,900 realMLS
• 1990-07-01 Sold (Public Records) $55,000 Public Records
• 1981-12-23 Sold (Public Records) $31,733 Public Records

Property tax history

+9.1%/yr

Latest (2025): $2,898 · +13.1% YoY. Source: county tax records.