8080 Virgo St · Jacksonville, FL 32216

$199,900

2 bd · 2.0 ba · 1,015 sqft · SingleFamily public records · 78 Days on market

Built 1987 3,049 sqft lot Est $216k · 8% under

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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 +12.6/30.0
• ARV discount +10.9/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• DSCR +3.7/10.0
• 1% rule +3.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adorable home on the Southside of Jax! Tile and wood floors throughout. Enjoy a peaceful water view from your back patio. Buyer to verify all info, including HOA & sq ft.

Key facts

• Split-bedroom layout
• Private driveway
• Shaded yard

Tags

• LUXURY VINYL PLANK FLOORING
• VAULTED CEILINGS
• SKYLIGHT
• SPLIT-BEDROOM LAYOUT
• PRIVATE DRIVEWAY
• SHADED YARD

Property features AI

Exterior

• Parking: 1-car garage with garage door opener
• Utilities: Public sewer; Cable available
• Home design: Townhouse; Single-story; Property is attached
• Construction: Wood siding
• Exterior features: Chain link fencing

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Vinyl flooring
• Laundry & utility: Electric and gas dryer hookups in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-26 ($-315/yr) — negative.
• To cash-flow at today's rent, offer at most $195k (2.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (14.6% below list).
• Recommended offer: $171k (14.6% below list) — sets the bar for 1% rule.
• Cap rate 6.1% 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 (-0.2%/yr); 219 active listings in the ZIP; 40 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 33% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $6k 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 78 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y 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 $49k; list at $200k implies a 308% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $170,701 (14.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
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: 0.85% ✗
• Cap rate: 6.14%
• Cash-on-cash: -0.56%
• DSCR: 0.97
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $216,195
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
746 Libra St	0.06mi	2/2.0	1,013 (-0%)	4mo	$162,000	$160	94
7842 Aquarius Cir S	0.19mi	2/2.0	1,033 (+2%)	13mo	$220,000	$213	78
2467 Townsquare Dr	0.50mi	2/2.0	1,034 (+2%)	0mo	$224,000	$217	73
765 Trekker St	0.25mi	3/2.0 (+1)	1,135 (+12%)	1mo	$249,000	$219	63
8179 Woods Ave	0.32mi	3/1.0 (+1)	1,074 (+6%)	6mo	$230,017	$214	61
8360 Century Point Dr N	0.26mi	3/2.0 (+1)	1,140 (+12%)	3mo	$198,000	$174	60
8145 Oden Ave	0.36mi	3/2.0 (+1)	1,109 (+9%)	5mo	$165,000	$149	59
8438 Gemini Rd	0.29mi	3/2.0 (+1)	1,107 (+9%)	18mo	$309,900	$280	51
126 Bowlan St S	0.53mi	2/1.0	1,148 (+13%)	2mo	$189,900	$165	48
7823 Berry Ave	0.71mi	2/1.0	915 (-10%)	12mo	$90,000	$98	36
8166 Oden Ave	0.34mi	3/2.0 (+1)	1,155 (+14%)	24mo	$246,000	$213	36
8894 Kersey Dr	0.74mi	3/1.5 (+1)	1,141 (+12%)	13mo	$245,000	$215	27

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: -20.6%
• Equity multiple: 0.30×
• Total profit: $-39,047
• Equity at exit: $29,806

10-year hold

• IRR: -22.5%
• Equity multiple: 0.01×
• Total profit: $-55,401
• Equity at exit: $17,284

Cash invested: $55,972 (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 32216

• Rents YoY: -0.2%
• Active inventory: 219
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,707 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$243 /mo · $2,919/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $-26

Break-even live

Break-even rent $1,740

Max offer price $195,259

Occupancy floor 97%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8232 Rigel Rd Jacksonville, FL	3.0	2.5	1372	$1,610	$1.17	14d	1	0.01mi
8236 Rigel Rd Jacksonville, FL	3.0	2.5	1358	$1,585	$1.17	24d	1	0.01mi
8252 Rigel Rd Jacksonville, FL	3.0	2.5	1358	$1,625	$1.20	24d	1	0.03mi
551 Eiseman Way Jacksonville, FL	3.0	2.5	1358	$1,620	$1.19	24d	1	0.08mi
8290 Rigel Rd Jacksonville, FL	3.0	2.5	1358	$1,595	$1.17	24d	1	0.09mi
7811 Aquarius Cir S Jacksonville, FL	3.0	2.0	1298	$1,760	$1.36	24d	1	0.28mi
421 Aralia Ln Jacksonville, FL	3.0	2.5	1492	$1,681	$1.13	21d	1	0.28mi
514 Narnia Ct Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.30mi
514 Narnia Ct Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.30mi
513 Narnia Ct Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	4d	1	0.33mi
514 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.35mi
514 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.35mi
471 Matilda Ln Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.36mi
471 Matilda Ln Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	17d	1	0.36mi
558 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	21d	1	0.36mi
558 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.36mi
574 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.36mi
574 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.36mi
451 Matilda Ln Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.37mi
451 Matilda Ln Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	8d	1	0.37mi
535 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.38mi
535 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.38mi
545 Kit St Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.38mi
454 Terabithia Way Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	4d	1	0.39mi
487 Terabithia Way Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	21d	1	0.41mi
487 Terabithia Way Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.41mi
481 Terabithia Way Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	15d	1	0.41mi
481 Terabithia Way Jacksonville, FL	3.0	2.5	1480	$1,845	$1.25	24d	1	0.41mi
8778 Buzz Ct Jacksonville, FL	3.0	2.0	1212	$1,800	$1.49	24d	1	0.41mi
6650 Corporate Center Pkwy Jacksonville, FL	1.0–3.0	1.0–2.0	990	$2,304	$2.33	2d	12	0.59mi
8000 Dandy Ave Jacksonville, FL	3.0	2.0	1330	$1,761	$1.32	8d	1	0.75mi
8319 Dandy Ave Jacksonville, FL	2.0	1.0	883	$1,650	$1.87	24d	1	0.79mi
8308 Free Ave Jacksonville, FL	3.0	2.0	1159	$1,571	$1.36	17d	1	0.87mi
8846 Cavender Dr Jacksonville, FL	3.0	2.0	1176	$1,475	$1.25	15d	1	0.88mi
8846 Cavender Dr Jacksonville, FL	3.0	2.0	1176	$1,475	$1.25	21d	1	0.88mi
7600 Free Ave Jacksonville, FL	3.0	2.0	1229	$1,745	$1.42	24d	1	0.91mi
2613 Sandusky Ave E Jacksonville, FL	3.0	2.0	1116	$1,800	$1.61	8d	1	0.91mi
7632 Hare Ave Jacksonville, FL	3.0	2.0	1169	$1,690	$1.45	24d	1	1.01mi
9027 Dandy Ave Jacksonville, FL	3.0	2.0	1209	$1,741	$1.44	16d	1	1.02mi
8601 Beach Blvd Jacksonville, FL	2.0–3.0	2.0	1234	$1,350	$1.09	2d	3	1.04mi

Listing history 27 events

1. 2026-06-18
   days on market $199,900 Active 78 DOM
2. 2026-06-17
   days on market $199,900 Active 77 DOM
3. 2026-06-16
   days on market $199,900 Active 76 DOM
4. 2026-06-15
   days on market $199,900 Active 75 DOM
5. 2026-06-13
   days on market $199,900 Active 72 DOM
6. 2026-06-10
   days on market $199,900 Active 69 DOM
7. 2026-06-08
   days on market $199,900 Active 68 DOM
8. 2026-06-07
   days on market $199,900 Active 67 DOM
9. 2026-06-03
   days on market $199,900 Active 63 DOM
10. 2026-06-02
    days on market $199,900 Active 62 DOM
11. 2026-06-01
    days on market $199,900 Active 61 DOM
12. 2026-05-31
    days on market $199,900 Active 60 DOM
13. 2026-04-09
    status Active
14. 2026-04-07
    historical Active Under Contract
15. 2026-04-01
    listed $199,900 Active
16. 2014-09-16
    historical 174-char remark

    Show marketing remark (174 chars)

    Adorable home on the Southside of Jax! Tile and wood floors throughout. Enjoy a peaceful water view from your back patio. Buyer to verify all info, including HOA & sq ft.

17. 2014-08-29
    soldstatus $49,000 174-char remark

    Show marketing remark (174 chars)

    Adorable home on the Southside of Jax! Tile and wood floors throughout. Enjoy a peaceful water view from your back patio. Buyer to verify all info, including HOA & sq ft.

18. 2014-07-17
    listed $54,900 174-char remark

    Show marketing remark (174 chars)

    Adorable home on the Southside of Jax! Tile and wood floors throughout. Enjoy a peaceful water view from your back patio. Buyer to verify all info, including HOA & sq ft.

19. 2007-07-27
    soldstatus $123,000
20. 2007-06-01
    historical 278-char remark

    Show marketing remark (278 chars)

    Back on Market...Buyers Financing Fell through!! Immaculate home. Very clean. Great lake front location. NO HOA FEES! Windows replaced 2000, A/C replaced in '03. Eat-in kitchen, vaulted ceilings, Screened-in porch overlooking lake. Close to downtown and the Southside area!

21. 2007-05-31
    soldstatus $123,000 278-char remark

    Show marketing remark (278 chars)

    Back on Market...Buyers Financing Fell through!! Immaculate home. Very clean. Great lake front location. NO HOA FEES! Windows replaced 2000, A/C replaced in '03. Eat-in kitchen, vaulted ceilings, Screened-in porch overlooking lake. Close to downtown and the Southside area!

22. 2006-07-26
    listed $129,900 278-char remark

    Show marketing remark (278 chars)

    Back on Market...Buyers Financing Fell through!! Immaculate home. Very clean. Great lake front location. NO HOA FEES! Windows replaced 2000, A/C replaced in '03. Eat-in kitchen, vaulted ceilings, Screened-in porch overlooking lake. Close to downtown and the Southside area!

23. 2005-06-23
    soldstatus $110,000
24. 2005-06-17
    historical
25. 2005-06-16
    soldstatus $110,000
26. 2005-05-10
    listed $114,900
27. 1987-04-01
    soldstatus $52,000

ⓘ 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: $2,919 · $243/mo
• Projected year-2 tax: $2,919 · $243/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 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $20,484
• − Mortgage interest: −$11,198
• − Property taxes: −$2,919
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,639
• − Management: −$1,639
• − Depreciation: −$5,815
• Taxable loss: −$3,724
• Est. tax savings @ 24.0%: +$894
• After-tax cash flow: $579/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): 42,298
• Household income: $61,821
• Rent vs Own: 52.1% rent · 47.9% own
• Severe rent burden: 3324.0

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 0.67)
• Race & ethnicity: White 51% Black 22% Hispanic / Latino 16% Two or more races 11% Asian 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 4%
• Common ancestry: Italian 2% Lithuanian 2% American 2%
• Foreign-born: 16% · Canada, Vietnam, Philippines
• Languages at home: 78% English-only · Spanish 11% Other Indo-European 3% Arabic 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: ▼ -221.05%
• Current HPI: 296.9579
• Rent YoY: ▼ -0.21%
• 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

+284.4% since first listed

15 events — show timeline

• 2026-04-09 Relisted — realMLS
• 2026-04-07 Contingent — realMLS
• 2026-04-01 Listed $199,900 realMLS
• 2014-09-16 Listing Removed — realMLS
• 2014-08-29 Sold (MLS) $49,000 realMLS
• 2014-07-17 Listed $54,900 realMLS
• 2007-07-27 Sold (Public Records) $123,000 Public Records
• 2007-06-01 Listing Removed — realMLS
• 2007-05-31 Sold (MLS) $123,000 realMLS
• 2006-07-26 Listed $129,900 realMLS
• 2005-06-23 Sold (Public Records) $110,000 Public Records
• 2005-06-17 Listing Removed — realMLS
• 2005-06-16 Sold (MLS) $110,000 realMLS
• 2005-05-10 Listed $114,900 realMLS
• 1987-04-01 Sold (Public Records) $52,000 Public Records

Property tax history

+14.2%/yr

Latest (2025): $2,919 · +11.2% YoY. Source: county tax records.