1192 W 12th St · Jacksonville, FL 32209

$109,000

2 bd · 1.0 ba · 852 sqft · SingleFamily public records · 48 Days on market

Built 1940 5,227 sqft lot Est $78k · 41% over

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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 +19.1/30.0
• DSCR +6.0/10.0
• 1% rule +4.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

Key facts

• Close to airport
• Large shed
• Fenced backyard

Tags

• LARGE SHED
• FENCED BACKYARD
• CLOSE TO DOWNTOWN
• CLOSE TO AIRPORT

Property features AI

Exterior

• Parking: Additional parking; Other parking
• Utilities: Public sewer; Water available; Sewer available; Electricity available; Cable available
• Home design: Single family residence; One story; Residential use
• Exterior features: Front porch; Back yard fencing; City street frontage; Asphalt road surface

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Entrance foyer; Living room (first floor)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $109k.

Deal economics

• At list price, monthly cash flow is $116 ($1k/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 $104k (4.9% below list).
• Recommended offer: $104k (4.9% below list) — sets the bar for 1% rule.
• Cap rate 7.6% 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 (+1.8%/yr); 399 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• This rent runs 41% of the median local income ($31k/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 $754 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.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $11k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $32k; list at $109k implies a 235% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — 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 $103,665 (4.9% below list)

Questions for the listing agent

1. It's been on market 48 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 1940 — 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. 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?
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: 0.95% ✗
• Cap rate: 7.56%
• Cash-on-cash: 4.54%
• DSCR: 1.20
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $77,532
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2715 Myrtle Ave N	0.29mi	2/1.0	900 (+6%)	3mo	$98,000	$109	75
1480 N Myrtle Ave N	0.51mi	2/1.0	916 (+8%)	2mo	$60,000	$66	62
2810 Jupiter Ave	0.61mi	2/1.0	824 (-3%)	6mo	$37,500	$46	61
2727 N N Davis Rd St	0.50mi	3/1.0 (+1)	904 (+6%)	1mo	$78,000	$86	61
1149 W 20th St	0.42mi	2/1.0	768 (-10%)	4mo	$60,000	$78	60
1526 W 14th St	0.42mi	3/1.0 (+1)	916 (+8%)	3mo	$95,000	$104	60
1339 Hart St	0.58mi	2/2.0	818 (-4%)	4mo	$199,017	$243	58
1279 W 20th St	0.41mi	2/1.0	962 (+13%)	2mo	$87,500	$91	58
1753 W 12th St	0.69mi	3/1.0 (+1)	827 (-3%)	4mo	$45,000	$54	54
2829 Jupiter Ave	0.65mi	2/1.0	780 (-8%)	4mo	$91,500	$117	53
1004 W 26th St	0.72mi	3/1.0 (+1)	936 (+10%)	2mo	$102,500	$110	43
2830 Saturn Ave	0.67mi	3/1.0 (+1)	960 (+13%)	2mo	$72,000	$75	41

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-11,545
• Equity at exit: $16,252

10-year hold

• IRR: -2.9%
• Equity multiple: 0.82×
• Total profit: $-5,553
• Equity at exit: $9,424

Cash invested: $30,520 (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 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 399
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,037 high
• Mortgage (P&I): −$572
• Tax from tax record: −$86 /mo · $1,037/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $116

Break-even live

Break-even rent $890

Max offer price $109,000

Occupancy floor 84%

Sensitivity live

Price	-10% $177	-5% $146	+0% $116	+5% $85	+10% $54
Rent	-10% $34	-5% $75	+0% $116	+5% $156	+10% $197
Rate	-1.0pp $170	-0.5pp $143	base $116	+0.5pp $87	+1.0pp $59

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2324 Moncrief Rd Unit 2324 Jacksonville, FL	2.0	1.0	900	$900	$1.00	24d	1	0.24mi
2532 Moncrief Rd Jacksonville, FL	2.0	1.0	700	$900	$1.29	24d	1	0.26mi
1823 Francis St Jacksonville, FL	2.0	1.0	803	$975	$1.21	24d	1	0.28mi
1046 W 8th St Jacksonville, FL	2.0	1.0	750	$900	$1.20	24d	1	0.29mi
1044 Reiman St Jacksonville, FL	2.0	1.0	630	$895	$1.42	24d	1	0.30mi
1024 8th St W Jacksonville, FL	2.0	1.0	816	$950	$1.16	24d	1	0.31mi
1666 Myrtle Ave N Unit 1666 Jacksonville, FL	2.0	1.0	700	$925	$1.32	24d	1	0.33mi
2811 N Myrtle Ave #1 Jacksonville, FL	2.0	2.0	855	$1,121	$1.31	5d	1	0.34mi
1785 Mount Herman St Unit 1787 Jacksonville, FL	2.0	1.0	750	$900	$1.20	24d	1	0.35mi
2904 Moncrief Rd Jacksonville, FL	3.0	1.0	952	$1,100	$1.16	24d	1	0.35mi
2314 Teal St Jacksonville, FL	2.0	1.0	750	$1,150	$1.53	24d	1	0.38mi
1235 W 5th St Jacksonville, FL	2.0	1.0	600	$895	$1.49	24d	1	0.44mi
1538 Ella St Unit 1 Jacksonville, FL	2.0	1.0	700	$1,100	$1.57	24d	1	0.45mi
1525 W 15th St Jacksonville, FL	3.0	1.0	1100	$1,245	$1.13	24d	1	0.45mi
1523 W 15th St Jacksonville, FL	1.0	1.0	600	$925	$1.54	24d	1	0.45mi
1359 W 20th St Jacksonville, FL	2.0	1.0	901	$1,134	$1.26	18d	1	0.47mi
1537 W 7th St Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	8d	1	0.50mi
1537 7th St W Unit B Jacksonville, FL	3.0	1.0	950	$1,050	$1.11	24d	1	0.50mi
1570 Mc Conihe St Unit B Jacksonville, FL	2.0	1.0	714	$875	$1.23	24d	1	0.53mi
1185 W 22nd St Unit U Jacksonville, FL	2.0	1.0	900	$850	$0.94	8d	1	0.53mi
1460 W 5th St Jacksonville, FL	2.0	1.0	675	$875	$1.30	13d	1	0.54mi
1460 W 5th St Unit 1 Jacksonville, FL	2.0	1.0	700	$850	$1.21	13d	1	0.54mi
1454 Francis St Jacksonville, FL	3.0	2.0	1084	$1,243	$1.15	24d	1	0.55mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	24d	1	0.56mi
1478 W 5th St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	5d	1	0.56mi
2811 Venus St Jacksonville, FL	2.0	1.0	830	$1,087	$1.31	5d	1	0.58mi
2817 Mars Ave Jacksonville, FL	2.0	1.0	945	$975	$1.03	22d	1	0.62mi
1104 W 24th St Jacksonville, FL	2.0	1.0	786	$600	$0.76	18d	1	0.62mi
1230 W 3rd St Jacksonville, FL	2.0	1.0	750	$950	$1.27	24d	3	0.63mi
1437 Prince St Unit 1437 Jacksonville, FL	2.0	1.0	700	$1,120	$1.60	24d	1	0.65mi
1526 W 22nd St Jacksonville, FL	2.0	1.0	624	$900	$1.44	17d	1	0.65mi
1363 W 24th St Jacksonville, FL	2.0	1.0	660	$995	$1.51	5d	1	0.65mi
1124 W 25th St #4 Jacksonville, FL	2.0	1.0	676	$1,000	$1.48	24d	1	0.66mi
1320 Francis St Jacksonville, FL	2.0	2.0	1003	$1,095	$1.09	24d	1	0.67mi
1376 Prince St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	8d	1	0.68mi
1145 W 25th St Unit 1 Jacksonville, FL	2.0	1.0	676	$775	$1.15	18d	1	0.68mi
1358 Prince St Jacksonville, FL	3.0	2.5	1044	$1,350	$1.29	24d	1	0.69mi
1358 Prince St Jacksonville, FL	3.0	3.5	1044	$1,350	$1.29	22d	1	0.69mi
1593 W 21st St Jacksonville, FL	2.0	1.0	805	$922	$1.15	24d	1	0.69mi
3416 N Lee St Unit 1 Jacksonville, FL	2.0	1.0	680	$995	$1.46	24d	1	0.70mi

Listing history 26 events

1. 2026-06-21
   days on market $109,000 Active 48 DOM
2. 2026-06-18
   days on market $109,000 Active 45 DOM
3. 2026-06-17
   days on market $109,000 Active 44 DOM
4. 2026-06-16
   days on market $109,000 Active 43 DOM
5. 2026-06-15
   days on market $109,000 Active 42 DOM
6. 2026-06-13
   days on market $109,000 Active 39 DOM
7. 2026-06-10
   days on market $109,000 Active 36 DOM
8. 2026-06-08
   days on market $109,000 Active 35 DOM
9. 2026-06-07
   days on market $109,000 Active 34 DOM
10. 2026-06-05
    days on market $109,000 Active 31 DOM
11. 2026-06-03
    days on market $109,000 Active 30 DOM
12. 2026-06-02
    days on market $109,000 Active 29 DOM
13. 2026-06-01
    days on market $109,000 Active 28 DOM
14. 2026-05-31
    days on market $109,000 Active 27 DOM
15. 2026-05-12
    price $109,000
16. 2026-05-04
    listed $119,900 Active
17. 2025-03-06
    historical $1,150
18. 2025-01-14
    price $1,150
19. 2025-01-09
    price $1,200
20. 2024-12-08
    listed $1,300
21. 2020-08-06
    soldstatus $32,500 Sold 452-char remark

    Show marketing remark (452 chars)

    Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

22. 2020-07-31
    status Pending 452-char remark

    Show marketing remark (452 chars)

    Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

23. 2020-07-17
    historical Active - Contingent 452-char remark

    Show marketing remark (452 chars)

    Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

24. 2020-07-12
    price $50,000 452-char remark

    Show marketing remark (452 chars)

    Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

25. 2020-07-06
    listed $55,000 Active 452-char remark

    Show marketing remark (452 chars)

    Calling all investors!! Seller is Motivated! Bring all offers. Property has great rental potential. Modern fireplace with built in speakers in the living area. Newer stainless steel appliances convey. High end lighting fixtures and shutter window coverings throughout. Electric wires and new panel box were added a few years ago. The detached garage has electric, drywall, and window ac unit with potential to be converted to man cave or in-law suite.

26. 1984-08-01
    soldstatus $10,000

ⓘ 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: $1,037 · $86/mo
• Projected year-2 tax: $1,037 · $86/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: $12,440
• − Mortgage interest: −$6,106
• − Property taxes: −$1,037
• − Insurance: −$545
• − Repairs & maintenance: −$995
• − Management: −$995
• − Depreciation: −$3,171
• Taxable loss: −$409
• Est. tax savings @ 24.0%: +$98
• After-tax cash flow: $1,485/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): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

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 (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% 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: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• 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

+990.0% since first listed

12 events — show timeline

• 2026-05-12 Price Changed $109,000 realMLS
• 2026-05-04 Listed $119,900 realMLS
• 2025-03-06 Rental Removed $1,150 NEFLMLS
• 2025-01-14 Price Changed $1,150 NEFLMLS
• 2025-01-09 Price Changed $1,200 NEFLMLS
• 2024-12-08 Listed for Rent $1,300 NEFLMLS
• 2020-08-06 Sold (MLS) $32,500 realMLS
• 2020-07-31 Pending — realMLS
• 2020-07-17 Contingent — realMLS
• 2020-07-12 Price Changed $50,000 realMLS
• 2020-07-06 Listed $55,000 realMLS
• 1984-08-01 Sold (Public Records) $10,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $1,037 · +27.8% YoY. Source: county tax records.