406 W 19th St · Jacksonville, FL 32206

$150,000

4 bd · 1.0 ba · 1,458 sqft · SingleFamily public records · 28 Days on market

Built 1970 Est $157k · at est.

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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 +20.9/30.0
• ARV discount +9.6/15.0
• DSCR +6.6/10.0
• 1% rule +5.3/10.0
• 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

COME AND SEE THIS WELL MAINTAINED 4 BEDROOM 1 BATHROOM HOME IN THE SPRINGFIELD AREA OF JACKSONVILLE. HARDWOOD FLOORS AND THE HVAC WAS REPLACED IN MAY 2024. GREAT INVESTMENT PROPERTY.

Key facts

• New hvac
• Sewer line replaced
• Non-leaky roof

Tags

• GRANITE COUNTER TOPS
• STAINLESS STEEL APPLIANCES
• NEW HVAC
• NEW AIR DUCTS
• SEWER LINE REPLACED
• NON-LEAKY ROOF

Property features AI

Exterior

• Home design: Built in 1970
• Construction: Living area approximately 1,458
• Exterior features: Located in the Springfield subdivision

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $207 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.0% 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 24d 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 $1,545/mo this rent would consume 47% 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 $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

• It's been on market 28 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 19y 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 $63k; list at $150k implies a 138% 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 $147,750 (1.5% below list)

Questions for the listing agent

1. Built in 1970 — 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: 1.03% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.92%
• DSCR: 1.26
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $157,464
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 22nd St	0.37mi	3/1.0 (-1)	1,440 (-1%)	11mo	$155,000	$108	66
3317 N Laura St	0.38mi	4/2.0	1,364 (-6%)	3mo	$65,000	$48	65
1039 Scriven St	0.70mi	4/1.0	1,492 (+2%)	1mo	$23,000	$15	62
2724 Hubbard St	0.47mi	3/1.0 (-1)	1,574 (+8%)	7mo	$50,000	$32	54
119 W 22nd St	0.31mi	4/2.0	1,284 (-12%)	13mo	$181,125	$141	51
141 22nd St	0.27mi	3/2.0 (-1)	1,260 (-14%)	8mo	$80,000	$63	49
104 W 26th St	0.43mi	4/2.0	1,266 (-13%)	8mo	$168,000	$133	47
125 W 11th St	0.44mi	3/3.0 (-1)	1,588 (+9%)	10mo	$419,200	$264	44
1046 W 17th St	0.60mi	4/2.0	1,335 (-8%)	17mo	$73,900	$55	40
111 Long Branch Blvd	0.73mi	3/1.5 (-1)	1,368 (-6%)	10mo	$150,000	$110	40
934 Scriven St	0.60mi	3/2.5 (-1)	1,300 (-11%)	13mo	$226,020	$174	32
1095 W 12th St	0.73mi	3/2.0 (-1)	1,287 (-12%)	12mo	$93,750	$73	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 · 0.94% rent growth · sell at horizon

5-year hold

• IRR: -9.4%
• Equity multiple: 0.66×
• Total profit: $-14,229
• Equity at exit: $22,365

10-year hold

• IRR: -3.0%
• Equity multiple: 0.82×
• Total profit: $-7,704
• Equity at exit: $12,969

Cash invested: $42,000 (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: 8.1×

Monthly cashflow live

• Estimated rent: $1,545 high
• Mortgage (P&I): −$787
• Tax from tax record: −$164 /mo · $1,969/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $207

Break-even live

Break-even rent $1,282

Max offer price $150,000

Occupancy floor 82%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
503 W 16th St Jacksonville, FL	4.0	1.5	1216	$1,420	$1.17	23d	1	0.13mi
522 W 21st St Jacksonville, FL	3.0	2.0	1045	$1,350	$1.29	23d	1	0.17mi
347 W 23rd St Jacksonville, FL	3.0	1.5	1176	$1,112	$0.95	7d	1	0.26mi
204 W 23rd St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	1d	1	0.28mi
3020 N Laura St Jacksonville, FL	3.0	1.0	1162	$1,300	$1.12	23d	1	0.28mi
34 W 23rd St Jacksonville, FL	3.0	1.5	962	$1,400	$1.46	23d	1	0.38mi
231 W 10th St Jacksonville, FL	3.0	1.0	1200	$1,500	$1.25	23d	1	0.44mi
30 W 12th St Jacksonville, FL	4.0	3.0	1792	$2,580	$1.44	1d	1	0.44mi
421 Golfair Blvd Jacksonville, FL	4.0	2.5	1761	$1,381	$0.78	16d	1	0.48mi
118 W 28th St Jacksonville, FL	3.0	2.0	1332	$1,250	$0.94	23d	1	0.52mi
26 W 27th St Jacksonville, FL	3.0	2.0	1512	$1,300	$0.86	23d	1	0.52mi
1018 W 23rd St Jacksonville, FL	3.0	2.5	1161	$1,600	$1.38	23d	1	0.60mi
2313 Janette St Jacksonville, FL	4.0	2.0	1148	$1,349	$1.18	16d	1	0.62mi
326 Basswood St Jacksonville, FL	3.0	2.0	1317	$1,550	$1.18	23d	1	0.62mi
1025 W 25th St Unit 1 Jacksonville, FL	5.0	2.0	1500	$2,000	$1.33	23d	1	0.67mi
1029 W 25th St Unit 1 Jacksonville, FL	5.0	2.0	1410	$2,200	$1.56	23d	1	0.67mi
1031 W 26th St Jacksonville, FL	3.0	2.0	1261	$1,445	$1.15	23d	1	0.70mi
55 E 9th St Jacksonville, FL	3.0	1.5	1246	$1,675	$1.34	14d	1	0.71mi
28 W 33rd St Jacksonville, FL	4.0	1.0	1395	$898	$0.64	7d	1	0.73mi
666 Basswood St Jacksonville, FL	3.0	1.0	1002	$1,400	$1.40	23d	1	0.75mi
2904 Moncrief Rd Jacksonville, FL	3.0	1.0	952	$1,100	$1.16	23d	1	0.79mi
146 W 6th St Jacksonville, FL	3.0	1.0	1600	$1,475	$0.92	19d	1	0.83mi
1514 Silver St Jacksonville, FL	3.0	2.0	1726	$2,275	$1.32	23d	1	0.87mi
1173 W 27th St Jacksonville, FL	3.0	1.0	1080	$1,145	$1.06	13d	1	0.88mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	3d	1	0.88mi
1149 W 28th St Jacksonville, FL	4.0	2.0	1344	$1,302	$0.97	23d	1	0.88mi
1926 Walnut St Jacksonville, FL	3.0	2.0	1338	$1,418	$1.06	14d	1	0.91mi
1201 W 27th St Jacksonville, FL	3.0	2.0	1120	$1,145	$1.02	23d	1	0.92mi
643 Linwood Ave Jacksonville, FL	3.0	2.0	1232	$1,325	$1.08	2d	1	0.93mi
1220 W 28th St Jacksonville, FL	3.0	1.0	1122	$1,299	$1.16	23d	1	0.95mi
4721 E Castlewood Dr Jacksonville, FL	3.0	1.0	1008	$1,250	$1.24	23d	1	0.96mi
331 W 40th St Jacksonville, FL	4.0	2.0	1536	$1,375	$0.90	3d	1	1.02mi
1288 W 28th St Jacksonville, FL	4.0	1.5	1449	$1,267	$0.87	13d	1	1.03mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	23d	1	1.04mi
1010 E 13th St Jacksonville, FL	3.0	2.0	1220	$1,275	$1.05	13d	1	1.05mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	1.06mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	1.06mi
1410 W 20th St Jacksonville, FL	3.0	2.0	1170	$1,485	$1.27	13d	1	1.08mi
1431 W 21st St Jacksonville, FL	3.0	2.0	1199	$1,425	$1.19	14d	1	1.11mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,459	$1.79	23d	69	1.16mi

Listing history 32 events

1. 2026-06-18
   days on market $150,000 Active 28 DOM
2. 2026-06-17
   days on market $150,000 Active 27 DOM
3. 2026-06-16
   days on market $150,000 Active 26 DOM
4. 2026-06-15
   days on market $150,000 Active 25 DOM
5. 2026-06-10
   days on market $150,000 Active 19 DOM
6. 2026-06-08
   days on market $150,000 Active 18 DOM
7. 2026-06-08
   days on market $150,000 Active 17 DOM
8. 2026-06-03
   days on market $150,000 Active 13 DOM
9. 2026-06-02
   days on market $150,000 Active 12 DOM
10. 2026-06-01
    days on market $150,000 Active 11 DOM
11. 2026-05-31
    days on market $150,000 Active 10 DOM
12. 2026-05-22
    listed $150,000 Active
13. 2024-09-06
    historical 182-char remark

    Show marketing remark (182 chars)

    COME AND SEE THIS WELL MAINTAINED 4 BEDROOM 1 BATHROOM HOME IN THE SPRINGFIELD AREA OF JACKSONVILLE. HARDWOOD FLOORS AND THE HVAC WAS REPLACED IN MAY 2024. GREAT INVESTMENT PROPERTY.

14. 2024-07-01
    listed $175,000 Active 182-char remark

    Show marketing remark (182 chars)

    COME AND SEE THIS WELL MAINTAINED 4 BEDROOM 1 BATHROOM HOME IN THE SPRINGFIELD AREA OF JACKSONVILLE. HARDWOOD FLOORS AND THE HVAC WAS REPLACED IN MAY 2024. GREAT INVESTMENT PROPERTY.

15. 2019-07-12
    soldstatus $63,000 Sold 267-char remark

    Show marketing remark (267 chars)

    Spacious 4 bedroom home located in Springfield, features everything new including granite counter tops,stainless steel appliances, luxury vinyl flooring,fully updated kitchen and bathroom,remote controlled ceiling fans, newer water heater and A/C units and much more!

16. 2019-07-12
    soldstatus $63,000

    Show marketing remark (267 chars)

    Spacious 4 bedroom home located in Springfield, features everything new including granite counter tops,stainless steel appliances, luxury vinyl flooring,fully updated kitchen and bathroom,remote controlled ceiling fans, newer water heater and A/C units and much more!

17. 2019-06-25
    status Pending 267-char remark

    Show marketing remark (267 chars)

    Spacious 4 bedroom home located in Springfield, features everything new including granite counter tops,stainless steel appliances, luxury vinyl flooring,fully updated kitchen and bathroom,remote controlled ceiling fans, newer water heater and A/C units and much more!

18. 2019-06-21
    listed $64,900 Active 267-char remark

    Show marketing remark (267 chars)

    Spacious 4 bedroom home located in Springfield, features everything new including granite counter tops,stainless steel appliances, luxury vinyl flooring,fully updated kitchen and bathroom,remote controlled ceiling fans, newer water heater and A/C units and much more!

19. 2019-04-16
    status Pending
20. 2019-04-16
    historical
21. 2019-04-01
    price $64,900
22. 2019-03-23
    price $67,500
23. 2019-03-16
    price $69,900
24. 2019-03-09
    listed $75,000 Active
25. 2018-12-13
    soldstatus $30,000 Sold
26. 2018-11-30
    status Pending
27. 2018-11-22
    listed $29,900 Active
28. 2008-06-11
    historical
29. 2008-06-06
    soldstatus $24,000
30. 2008-01-03
    listed $27,000
31. 2007-12-21
    historical
32. 2007-11-14
    listed $39,900

ⓘ 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: $1,969 · $164/mo
• Projected year-2 tax: $1,969 · $164/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: $18,540
• − Mortgage interest: −$8,402
• − Property taxes: −$1,969
• − Insurance: −$750
• − Repairs & maintenance: −$1,483
• − Management: −$1,483
• − Depreciation: −$4,364
• Taxable income: $89
• Est. tax owed @ 24.0%: −$21
• After-tax cash flow: $2,467/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

+275.9% since first listed

21 events — show timeline

• 2026-05-22 Listed $150,000 FSBO.com
• 2024-09-06 Listing Removed — realMLS
• 2024-07-01 Listed $175,000 realMLS
• 2019-07-12 Sold (Public Records) $63,000 Public Records
• 2019-07-12 Sold (MLS) $63,000 realMLS
• 2019-06-25 Pending — realMLS
• 2019-06-21 Listed $64,900 realMLS
• 2019-04-16 Pending — realMLS
• 2019-04-16 Listing Removed — realMLS
• 2019-04-01 Price Changed $64,900 realMLS
• 2019-03-23 Price Changed $67,500 realMLS
• 2019-03-16 Price Changed $69,900 realMLS
• 2019-03-09 Listed $75,000 realMLS
• 2018-12-13 Sold (MLS) $30,000 realMLS
• 2018-11-30 Pending — realMLS
• 2018-11-22 Listed $29,900 realMLS
• 2008-06-11 Listing Removed — realMLS
• 2008-06-06 Sold (MLS) $24,000 realMLS
• 2008-01-03 Listed $27,000 realMLS
• 2007-12-21 Listing Removed — realMLS
• 2007-11-14 Listed $39,900 realMLS

Property tax history

+10.9%/yr

Latest (2025): $1,969 · +19.3% YoY. Source: county tax records.