298 Osceola St · Jacksonville, FL 32204

$94,000

2 bd · 1.0 ba · 812 sqft · SingleFamily public records · 133 Days on market

Built 1918 Est $91k · at est.

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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 +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +6.0/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wow! Corner lot and priced to sell fast! Buyer may qualify for 100% financing or Homes for Heroes. This move-in ready 3BR/1BA home features 812 sq ft of open living space, updated kitchen with stainless steel appliances, and a cozy swing for relaxation. Convenient location near shopping, dining, schools, and parks. Perfect starter home or downsizing opportunity—don't miss this gem!

Key facts

• Private escape
• Open design
• Dedicated bedrooms

Tags

• DEDICATED BEDROOMS
• OPEN DESIGN
• PRIVATE ESCAPE
• HISTORIC NEIGHBORHOOD

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: On-street parking
• Utilities: Electricity connected
• Home design: Single-family residence; One story
• Construction: Shingle roof
• Exterior features: Corner lot; Asphalt road access

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: In-unit laundry; Laminate flooring
• Laundry & utility: Washer/dryer in unit

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $308 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).
• Recommended offer: $83k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.2% 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 fast (+4.7%/yr); 75 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); 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 $650 of loan paydown is wiped out by about $3k 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 + 4.7% rent growth), your $26k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 133 days — a 12% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 22y ago; this cycle's ask has dropped $6k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1918 — 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 $82,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
7. 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.
8. 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: 1.34% ✓
• Cap rate: 10.22%
• Cash-on-cash: 14.04%
• DSCR: 1.62
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $90,944
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2524 Lewis St	0.20mi	2/1.0	828 (+2%)	15mo	$68,000	$82	75
2529 Orion St	0.22mi	2/1.0	858 (+6%)	24mo	$149,000	$174	61
262 Stockton St	0.15mi	3/1.0 (+1)	899 (+11%)	13mo	$35,000	$39	59
2002 Baldwin St	0.74mi	2/1.0	780 (-4%)	6mo	$87,500	$112	54
2603 Rosselle St	0.47mi	2/2.0	840 (+3%)	21mo	$216,000	$257	50
2845 Edison Ave	0.67mi	2/1.0	740 (-9%)	9mo	$63,000	$85	46
2006 Baldwin St	0.73mi	2/1.0	692 (-15%)	20mo	$102,000	$147	24

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 · 4.69% rent growth · sell at horizon

5-year hold

• IRR: 6.3%
• Equity multiple: 1.25×
• Total profit: $6,592
• Equity at exit: $14,016

10-year hold

• IRR: 17.2%
• Equity multiple: 2.53×
• Total profit: $40,375
• Equity at exit: $8,127

Cash invested: $26,320 (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 32204

• Home prices YoY: -28.2%
• Rents YoY: 4.7%
• Active inventory: 75
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,255 high
• Mortgage (P&I): −$493
• Tax from tax record: −$151 /mo · $1,817/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $308

Break-even live

Break-even rent $865

Max offer price $94,000

Occupancy floor 70%

Sensitivity live

Price	-10% $361	-5% $335	+0% $308	+5% $281	+10% $255
Rent	-10% $209	-5% $258	+0% $308	+5% $358	+10% $407
Rate	-1.0pp $355	-0.5pp $332	base $308	+0.5pp $284	+1.0pp $259

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: $23,500
• Closing costs: $2,820
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2549 Calvin St Jacksonville, FL	2.0	1.0	658	$600	$0.91	17d	1	0.23mi
2551 Calvin St Jacksonville, FL	2.0	1.0	658	$600	$0.91	17d	1	0.23mi
371 Smith St Jacksonville, FL	3.0	2.0	1050	$1,325	$1.26	4d	1	0.40mi
2002 Ernest St Unit A Jacksonville, FL	2.0	1.0	1000	$1,795	$1.79	14d	1	0.61mi
2050 Dellwood Ave #3 Jacksonville, FL	1.0	1.0	785	$970	$1.24	24d	1	0.65mi
2022 Dellwood Ave Unit 2 Jacksonville, FL	2.0	1.0	800	$1,098	$1.37	15d	1	0.66mi
420 Sunshine St Jacksonville, FL	3.0	2.0	1050	$1,350	$1.29	2d	1	0.67mi
2614 Dellwood Ave Jacksonville, FL	3.0	1.0	1122	$2,325	$2.07	4d	1	0.71mi
2525 College St #1214 Jacksonville, FL	1.0	1.0	1019	$1,900	$1.86	24d	1	0.75mi
907 Copeland St Jacksonville, FL	2.0	1.0	784	$1,395	$1.78	24d	1	0.75mi
2136 College St #4 Jacksonville, FL	2.0	1.0	900	$1,250	$1.39	24d	1	0.76mi
1729 Logan St W Unit 3 Jacksonville, FL	2.0	1.0	694	$850	$1.22	24d	1	0.76mi
2328 College St Jacksonville, FL	1.0	1.0	900	$1,350	$1.50	24d	1	0.76mi
2577 Haldumar Ter Jacksonville, FL	2.0	1.0	865	$1,050	$1.21	2d	1	0.77mi
2575 Haldumar Ter Jacksonville, FL	1.0	1.0	775	$965	$1.25	2d	1	0.77mi
2613 Green St Jacksonville, FL	2.0	1.0	665	$1,150	$1.73	20d	1	0.78mi
2611 Green St Jacksonville, FL	2.0	1.0	728	$1,195	$1.64	15d	1	0.78mi
2611 Green St Jacksonville, FL	2.0	1.0	728	$1,195	$1.64	24d	1	0.78mi
2153 Post St Jacksonville, FL	1.0	1.0	540	$875	$1.62	24d	1	0.79mi
2578 Haldumar Ter Jacksonville, FL	2.0	1.0	1114	$2,195	$1.97	15d	1	0.79mi
2128 Woodside St Jacksonville, FL	2.0	1.0	776	$895	$1.15	24d	1	0.80mi
828 Acosta St Unit 1 Jacksonville, FL	1.0	1.0	806	$1,150	$1.43	24d	1	0.81mi
2701 Myra St Jacksonville, FL	3.0	1.0	1065	$1,595	$1.50	21d	1	0.81mi
1979 Yulee St Jacksonville, FL	3.0	2.0	1050	$1,500	$1.43	24d	1	0.81mi
1751 Broadway Ave Jacksonville, FL	2.0	1.0	1000	$1,525	$1.52	4d	1	0.81mi
1534 Morgan St Unit 1-4 Jacksonville, FL	3.0	1.0	694	$999	$1.44	24d	1	0.82mi
2533 Post St Jacksonville, FL	1.0	1.0	950	$1,425	$1.50	17d	1	0.83mi
1657 Union St W Unit 1 Jacksonville, FL	2.0	1.0	700	$1,050	$1.50	2d	1	0.83mi
2619 College St Unit 2 Jacksonville, FL	1.0	1.0	700	$1,050	$1.50	24d	1	0.83mi
2759 Dellwood Ave Jacksonville, FL	3.0	2.0	1080	$2,100	$1.94	20d	1	0.83mi
1651 Union St W Jacksonville, FL	2.0	1.0	675	$900	$1.33	24d	1	0.84mi
232 Chelsea St Unit 4 Jacksonville, FL	2.0	1.0	850	$1,000	$1.18	24d	1	0.84mi
2659 College St Jacksonville, FL	1.0	1.0	639	$995	$1.56	24d	1	0.86mi
2653 College St Unit 2653 Jacksonville, FL	1.0	1.0	907	$1,295	$1.43	3d	1	0.87mi
1539 Union St W Jacksonville, FL	3.0	1.5	1000	$1,144	$1.14	14d	1	0.90mi
1649 State St W Jacksonville, FL	2.0	1.0	540	$780	$1.44	24d	1	0.90mi
2657 Post St Apt 2 Jacksonville, FL	3.0	1.0	1100	$1,700	$1.55	3d	1	0.91mi
844 Tyler St Unit 1 Jacksonville, FL	2.0	1.0	800	$900	$1.12	8d	1	0.94mi
1425 Morgan St Jacksonville, FL	2.0	1.0	850	$650	$0.76	4d	1	0.97mi
2512 Park St Unit 3 Jacksonville, FL	2.0	1.5	800	$1,395	$1.74	4d	1	0.97mi

Listing history 36 events

1. 2026-06-18
   days on market $94,000 Active 133 DOM
2. 2026-06-17
   days on market $94,000 Active 132 DOM
3. 2026-06-16
   days on market $94,000 Active 131 DOM
4. 2026-06-15
   days on market $94,000 Active 130 DOM
5. 2026-06-10
   days on market $94,000 Active 124 DOM
6. 2026-06-08
   days on market $94,000 Active 123 DOM
7. 2026-06-07
   days on market $94,000 Active 122 DOM
8. 2026-06-03
   days on market $94,000 Active 118 DOM
9. 2026-06-02
   pricedays on market $94,000 Active 117 DOM
10. 2026-06-01
    days on market $96,000 Active 116 DOM
11. 2026-05-31
    days on market $96,000 Active 115 DOM
12. 2026-05-05
    price $96,000
13. 2026-03-13
    price $98,000
14. 2026-01-20
    listed $100,000 Active
15. 2025-12-04
    historical 390-char remark

    Show marketing remark (390 chars)

    Wow! Corner lot and priced to sell fast! Buyer may qualify for 100% financing or Homes for Heroes. This move-in ready 3BR/1BA home features 812 sq ft of open living space, updated kitchen with stainless steel appliances, and a cozy swing for relaxation. Convenient location near shopping, dining, schools, and parks. Perfect starter home or downsizing opportunity—don't miss this gem!

16. 2025-10-27
    price $110,000 390-char remark

    Show marketing remark (390 chars)

    Wow! Corner lot and priced to sell fast! Buyer may qualify for 100% financing or Homes for Heroes. This move-in ready 3BR/1BA home features 812 sq ft of open living space, updated kitchen with stainless steel appliances, and a cozy swing for relaxation. Convenient location near shopping, dining, schools, and parks. Perfect starter home or downsizing opportunity—don't miss this gem!

17. 2025-09-15
    listed $120,000 Active 390-char remark

    Show marketing remark (390 chars)

    Wow! Corner lot and priced to sell fast! Buyer may qualify for 100% financing or Homes for Heroes. This move-in ready 3BR/1BA home features 812 sq ft of open living space, updated kitchen with stainless steel appliances, and a cozy swing for relaxation. Convenient location near shopping, dining, schools, and parks. Perfect starter home or downsizing opportunity—don't miss this gem!

18. 2025-09-07
    historical $1,200
19. 2025-08-21
    listed $1,200
20. 2025-03-22
    historical $1,200
21. 2025-02-18
    listed $1,200
22. 2024-12-21
    soldstatus $100,000
23. 2024-12-17
    soldstatus $100,000 Closed 461-char remark

    Show marketing remark (461 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home featuring 812 sq ft of cozy living space. The open layout invites natural light, creating a warm and inviting atmosphere. The modern kitchen boasts stainless steel appliances, perfect for culinary enthusiasts. Enjoy the backyard, ideal for entertaining or relaxing. Conveniently located near local amenities, this home is perfect for first-time buyers or those looking to downsize. Don't miss out on this gem!

24. 2024-10-11
    historical Active Under Contract 461-char remark

    Show marketing remark (461 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home featuring 812 sq ft of cozy living space. The open layout invites natural light, creating a warm and inviting atmosphere. The modern kitchen boasts stainless steel appliances, perfect for culinary enthusiasts. Enjoy the backyard, ideal for entertaining or relaxing. Conveniently located near local amenities, this home is perfect for first-time buyers or those looking to downsize. Don't miss out on this gem!

25. 2024-09-28
    price $110,000 461-char remark

    Show marketing remark (461 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home featuring 812 sq ft of cozy living space. The open layout invites natural light, creating a warm and inviting atmosphere. The modern kitchen boasts stainless steel appliances, perfect for culinary enthusiasts. Enjoy the backyard, ideal for entertaining or relaxing. Conveniently located near local amenities, this home is perfect for first-time buyers or those looking to downsize. Don't miss out on this gem!

26. 2024-09-16
    listed $129,000 Active 461-char remark

    Show marketing remark (461 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home featuring 812 sq ft of cozy living space. The open layout invites natural light, creating a warm and inviting atmosphere. The modern kitchen boasts stainless steel appliances, perfect for culinary enthusiasts. Enjoy the backyard, ideal for entertaining or relaxing. Conveniently located near local amenities, this home is perfect for first-time buyers or those looking to downsize. Don't miss out on this gem!

27. 2017-11-02
    soldstatus $35,500 Sold
28. 2017-10-20
    status Pending
29. 2017-10-17
    listed $37,500 Active
30. 2006-03-07
    historical
31. 2005-12-07
    listed $70,000
32. 2004-06-09
    historical
33. 2004-06-04
    soldstatus $24,000
34. 2004-02-25
    listed $32,900
35. 2002-07-03
    soldstatus $52,500
36. 1998-03-09
    soldstatus $9,000

ⓘ 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: $1,817 · $151/mo
• Projected year-2 tax: $1,817 · $151/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 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,060
• − Mortgage interest: −$5,265
• − Property taxes: −$1,817
• − Insurance: −$470
• − Repairs & maintenance: −$1,205
• − Management: −$1,205
• − Depreciation: −$2,735
• Taxable income: $2,364
• Est. tax owed @ 24.0%: −$567
• After-tax cash flow: $3,128/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): 9,151
• Household income: $65,063
• Rent vs Own: 71.5% rent · 28.5% own
• Severe rent burden: 866.0

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 0.60)
• Race & ethnicity: White 55% Black 30% Hispanic / Latino 6% Asian 6% Two or more races 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 1%
• Foreign-born: 7% · China, Canada, Philippines
• Languages at home: 92% English-only · Spanish 3% Chinese 2% Other Asian/Pacific 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: ▼ -123.96%
• Current HPI: 316.3185
• Rent YoY: ▲ 4.69%
• 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

+966.7% since first listed

25 events — show timeline

• 2026-05-05 Price Changed $96,000 realMLS
• 2026-03-13 Price Changed $98,000 realMLS
• 2026-01-20 Listed $100,000 realMLS
• 2025-12-04 Listing Removed — realMLS
• 2025-10-27 Price Changed $110,000 realMLS
• 2025-09-15 Listed $120,000 realMLS
• 2025-09-07 Rental Removed $1,200 Avail
• 2025-08-21 Listed for Rent $1,200 Avail
• 2025-03-22 Rental Removed $1,200 Avail
• 2025-02-18 Listed for Rent $1,200 Avail
• 2024-12-21 Sold (Public Records) $100,000 Public Records
• 2024-12-17 Sold (MLS) $100,000 realMLS
• 2024-10-11 Contingent — realMLS
• 2024-09-28 Price Changed $110,000 realMLS
• 2024-09-16 Listed $129,000 realMLS
• 2017-11-02 Sold (MLS) $35,500 realMLS
• 2017-10-20 Pending — realMLS
• 2017-10-17 Listed $37,500 realMLS
• 2006-03-07 Listing Removed — realMLS
• 2005-12-07 Listed $70,000 realMLS
• 2004-06-09 Listing Removed — realMLS
• 2004-06-04 Sold (MLS) $24,000 realMLS
• 2004-02-25 Listed $32,900 realMLS
• 2002-07-03 Sold (Public Records) $52,500 Public Records
• 1998-03-09 Sold (Public Records) $9,000 Public Records

Property tax history

+9.4%/yr

Latest (2025): $1,817 · +38.9% YoY. Source: county tax records.