1735 Silver St · Jacksonville, FL 32206

$175,000

4 bd · 2.0 ba · 1,452 sqft · SingleFamily public records · 49 Days on market

Built 1904 4,356 sqft lot Est $315k · 44% under

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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 +20.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +4.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in Historic Springfield, home in need of all systems, gutted and ready to bring a vision to life. Alley access. Home is sold as is, where is. Seller will not pay for a survey. Seller has never lived in property and makes no warranties.

Key facts

• 4,356 sq ft lot
• Built 1904
• Listed 49 days

Property features AI

Finance

• Other: Property used for residential purposes
• HOA & community: Not a senior community

Exterior

• Parking: On-street parking
• Utilities: Public sewer; Sewer available; Water available
• Home design: Single-family residence; Two levels
• Construction: Wood siding exterior; Metal roof
• Exterior features: Front porch; Back yard with wood fencing; City street frontage

Interior

• Kitchen: No appliances included
• Bedrooms: 2 bedrooms
• Heating & cooling: No heating system specified; No cooling system specified
• Interior features: Wood-burning fireplace (2 total)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $237 ($3k/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 $166k (5.2% below list).
• Recommended offer: $166k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 7.9% 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 flat; 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 $1,658/mo this rent would consume 51% of the median local household income ($39k/yr) (locally 1057% 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 49 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $34k; list at $175k implies a 422% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $165,838 (5.2% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.95% ✗
• Cap rate: 7.92%
• Cash-on-cash: 5.81%
• DSCR: 1.26
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $315,084
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1625 Perry St	0.21mi	3/2.5 (-1)	1,571 (+8%)	1mo	$337,000	$215	68
1855 Market St N	0.39mi	3/2.0 (-1)	1,536 (+6%)	2mo	$330,000	$215	66
1839 N Market St	0.39mi	3/2.5 (-1)	1,426 (-2%)	10mo	$310,000	$217	64
1427 N Market St	0.47mi	3/2.5 (-1)	1,454 (+0%)	10mo	$345,000	$237	63
506 E 5th St	0.70mi	4/2.5	1,447 (-0%)	4mo	$285,500	$197	62
303 E 3rd St	0.62mi	3/2.5 (-1)	1,476 (+2%)	1mo	$395,000	$268	61
1553 Hubbard St	0.32mi	3/2.5 (-1)	1,505 (+4%)	14mo	$333,000	$221	60
130 W 6th St	0.16mi	3/3.0 (-1)	1,647 (+13%)	8mo	$357,000	$217	54
125 W 11th St	0.34mi	3/3.0 (-1)	1,588 (+9%)	10mo	$419,200	$264	52
2724 Hubbard St	0.70mi	3/1.0 (-1)	1,574 (+8%)	7mo	$50,000	$32	39
405 W 19th St	0.74mi	3/1.0 (-1)	1,366 (-6%)	18mo	$60,000	$44	32
934 Scriven St	0.72mi	3/2.5 (-1)	1,300 (-10%)	13mo	$226,020	$174	31

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 · 0.94% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.66×
• Total profit: $-16,670
• Equity at exit: $26,093

10-year hold

• IRR: -2.8%
• Equity multiple: 0.83×
• Total profit: $-8,553
• Equity at exit: $15,131

Cash invested: $49,000 (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 32206

• Home prices YoY: -23.7%
• Rents YoY: 0.9%
• Active inventory: 194
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,658 high
• Mortgage (P&I): −$918
• Tax from tax record: −$82 /mo · $986/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $237

Break-even live

Break-even rent $1,358

Max offer price $175,000

Occupancy floor 81%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
146 W 6th St Jacksonville, FL	3.0	1.0	1600	$1,475	$0.92	19d	1	0.12mi
1514 Silver St Jacksonville, FL	3.0	2.0	1726	$2,275	$1.32	23d	1	0.18mi
231 W 10th St Jacksonville, FL	3.0	1.0	1200	$1,500	$1.25	23d	1	0.28mi
55 E 9th St Jacksonville, FL	3.0	1.5	1246	$1,675	$1.34	14d	1	0.31mi
30 W 12th St Jacksonville, FL	4.0	3.0	1792	$2,580	$1.44	1d	1	0.41mi
1926 Walnut St Jacksonville, FL	3.0	2.0	1338	$1,418	$1.06	14d	1	0.57mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	0.58mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	0.58mi
503 W 16th St Jacksonville, FL	4.0	1.5	1216	$1,420	$1.17	23d	1	0.66mi
1445 Ionia St Jacksonville, FL	4.0	2.0	1640	$1,799	$1.10	23d	1	0.69mi
1153 Walnut St #4 Jacksonville, FL	3.0	1.0	1170	$1,195	$1.02	11d	1	0.74mi
1153 Walnut St #4 Jacksonville, FL	3.0	1.0	1170	$1,195	$1.02	4d	1	0.74mi
1529 Spearing St Jacksonville, FL	3.0	2.0	1077	$1,425	$1.32	4d	1	0.80mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	23d	1	0.81mi
3020 N Laura St Jacksonville, FL	3.0	1.0	1162	$1,300	$1.12	23d	1	0.82mi
706 E 5th St Jacksonville, FL	3.0	2.5	1284	$1,436	$1.12	23d	1	0.82mi
1353 Palmetto St Jacksonville, FL	3.0	2.0	1000	$1,330	$1.33	23d	1	0.82mi
522 W 21st St Jacksonville, FL	3.0	2.0	1045	$1,350	$1.29	23d	1	0.87mi
2313 Janette St Jacksonville, FL	4.0	2.0	1148	$1,349	$1.18	16d	1	0.88mi
204 W 23rd St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	1d	1	0.91mi
34 W 23rd St Jacksonville, FL	3.0	1.5	962	$1,400	$1.46	23d	1	0.92mi
1052 E 10th St Jacksonville, FL	3.0	2.0	1726	$1,725	$1.00	23d	1	0.93mi
720 E 3rd St Jacksonville, FL	3.0	1.0	1076	$1,075	$1.00	23d	1	0.93mi
1130 Spearing St Jacksonville, FL	3.0	1.0	1320	$1,400	$1.06	20d	1	0.93mi
1010 E 13th St Jacksonville, FL	3.0	2.0	1220	$1,275	$1.05	13d	1	0.94mi
1362 Florida Ave Jacksonville, FL	3.0	2.0	1000	$1,268	$1.27	2d	1	0.95mi
347 W 23rd St Jacksonville, FL	3.0	1.5	1176	$1,112	$0.95	7d	1	0.95mi
1115 E 5th St Jacksonville, FL	3.0	2.0	1175	$1,450	$1.23	23d	1	0.98mi
1143 Van Buren St Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	16d	1	1.09mi
26 W 27th St Jacksonville, FL	3.0	2.0	1512	$1,300	$0.86	23d	1	1.10mi
343 E Church St Jacksonville, FL	3.0	3.5	1530	$2,195	$1.43	3d	1	1.13mi
138 E Duval St Jacksonville, FL	3.0	1.5	1450	$3,200	$2.21	23d	1	1.14mi
118 W 28th St Jacksonville, FL	3.0	2.0	1332	$1,250	$0.94	23d	1	1.15mi
1018 W 23rd St Jacksonville, FL	3.0	2.5	1161	$1,600	$1.38	23d	1	1.17mi
700 E Union St Jacksonville, FL	1.0–3.0	1.0–2.0	1070	$3,185	$2.98	4d	63	1.17mi
421 Golfair Blvd Jacksonville, FL	4.0	2.5	1761	$1,381	$0.78	16d	1	1.18mi
2904 Moncrief Rd Jacksonville, FL	3.0	1.0	952	$1,100	$1.16	23d	1	1.19mi
1355 Grothe St Jacksonville, FL	4.0	1.0	1312	$1,350	$1.03	17d	1	1.21mi
1109 Phelps St Jacksonville, FL	3.0	1.0	1120	$850	$0.76	7d	1	1.21mi
1131 Phelps St Jacksonville, FL	3.0	1.0	1120	$895	$0.80	23d	1	1.24mi

Listing history 26 events

1. 2026-06-18
   days on market $175,000 Active 49 DOM
2. 2026-06-17
   days on market $175,000 Active 48 DOM
3. 2026-06-16
   days on market $175,000 Active 47 DOM
4. 2026-06-15
   days on market $175,000 Active 46 DOM
5. 2026-06-13
   days on market $175,000 Active 43 DOM
6. 2026-06-10
   days on market $175,000 Active 40 DOM
7. 2026-06-08
   days on market $175,000 Active 39 DOM
8. 2026-06-07
   days on market $175,000 Active 38 DOM
9. 2026-06-05
   days on market $175,000 Active 35 DOM
10. 2026-06-03
    days on market $175,000 Active 34 DOM
11. 2026-06-02
    days on market $175,000 Active 33 DOM
12. 2026-06-01
    days on market $175,000 Active 32 DOM
13. 2026-05-31
    days on market $175,000 Active 31 DOM
14. 2026-04-30
    listed $195,000 Active
15. 2012-03-15
    listed $16,000 247-char remark

    Show marketing remark (247 chars)

    Located in Historic Springfield, home in need of all systems, gutted and ready to bring a vision to life. Alley access. Home is sold as is, where is. Seller will not pay for a survey. Seller has never lived in property and makes no warranties.

16. 2010-11-24
    historical 339-char remark

    Show marketing remark (339 chars)

    Unfinished project with lots of work already done. Plans available for current project or change and make it your own. New roof, structural repairs include home being leveled with new piers, floor joists and sills - interior gutted with studs exposed. Estimate to finish is about $120K. Come be part of the revitalization of Springfield!!!

17. 2010-05-24
    listed $29,800 339-char remark

    Show marketing remark (339 chars)

    Unfinished project with lots of work already done. Plans available for current project or change and make it your own. New roof, structural repairs include home being leveled with new piers, floor joists and sills - interior gutted with studs exposed. Estimate to finish is about $120K. Come be part of the revitalization of Springfield!!!

18. 2007-12-21
    soldstatus $33,500
19. 2007-12-21
    listed $33,500
20. 2007-11-01
    historical
21. 2007-05-01
    listed $129,900
22. 2004-06-30
    historical
23. 2004-06-19
    soldstatus $57,400
24. 2004-06-04
    soldstatus $57,400
25. 2004-01-06
    listed $64,900
26. 1988-04-01
    soldstatus $12,000

ⓘ 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: $986 · $82/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$467/yr (+$39/mo · 47.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 68% 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: $19,901
• − Mortgage interest: −$9,803
• − Property taxes: −$986
• − Insurance: −$875
• − Repairs & maintenance: −$1,592
• − Management: −$1,592
• − Depreciation: −$5,091
• Taxable loss: −$38
• Est. tax savings @ 24.0%: +$9
• After-tax cash flow: $2,857/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): 17,105
• Household income: $39,242
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 1057.0

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 (65%)
• Race & ethnicity: Black 65% White 22% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Arabic 1% German/W. Germanic 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: ▼ -64.55%
• Current HPI: 208.1852
• Rent YoY: ▲ 0.94%
• 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

+1525.0% since first listed

13 events — show timeline

• 2026-04-30 Listed $195,000 realMLS
• 2012-03-15 Listed $16,000 realMLS
• 2010-11-24 Listing Removed — realMLS
• 2010-05-24 Listed $29,800 realMLS
• 2007-12-21 Listed $33,500 realMLS
• 2007-12-21 Sold (MLS) $33,500 realMLS
• 2007-11-01 Listing Removed — realMLS
• 2007-05-01 Listed $129,900 realMLS
• 2004-06-30 Listing Removed — realMLS
• 2004-06-19 Sold (Public Records) $57,400 Public Records
• 2004-06-04 Sold (MLS) $57,400 realMLS
• 2004-01-06 Listed $64,900 realMLS
• 1988-04-01 Sold (Public Records) $12,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $986 · +26.9% YoY. Source: county tax records.