7432 Gainesville Ave · Jacksonville, FL 32208

$125,000

3 bd · 2.0 ba · 1,042 sqft · SingleFamily public records · 74 Days on market

Built 1977 7,840 sqft lot Est $126k · 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 +21.3/30.0
• ARV discount +7.9/15.0
• DSCR +6.8/10.0
• 1% rule +5.7/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Great home for a first time homeowner, or a Great Investment. This all brick home is just right. Location, Location, Location. No HOA, minutes to the airport or downtown. Make it yours today.

Key facts

• 7,840 sq ft lot
• Garage
• Built 1977

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Attached garage; 1-car garage
• Utilities: Public sewer; Cable available; Electricity connected
• Home design: Single-family residence; Residential use
• Exterior features: 0.18-acre lot

Interior

• Kitchen: Electric range
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric range

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $184 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.9% 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.
• Zoned schools: Northwestern Legends Elementary (math 21% / reading 14%, grade F, #2,117 of 2,144 statewide, top 99%, 528 students, 88% FRL); Joseph Stilwell Middle School (math 31% / reading 33%, grade F, #448 of 571 statewide, top 79%, 612 students, 68% FRL); Jean Ribault High School (math 22% / reading 25%, grade F, #533 of 667 statewide, top 80%, 1,385 students, 71% FRL) — zoned schools average 76% FRL vs 49% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 24% at this address vs 46% district-wide (-21 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-1.4%/yr); 294 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 39% of the median local income ($41k/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 $864 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 74 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $28k; list at $125k implies a 339% 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→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — 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: 1.07% ✓
• Cap rate: 8.06%
• Cash-on-cash: 6.30%
• DSCR: 1.28
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $126,082
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7437 Oriole St	0.08mi	3/2.0	1,032 (-1%)	10mo	$169,000	$164	86
7447 Oriole St	0.08mi	3/1.5	912 (-12%)	8mo	$71,250	$78	67
7400 Fernandina Ave	0.15mi	2/1.0 (-1)	933 (-10%)	1mo	$28,000	$30	66
1224 Kennard St	0.60mi	3/2.0	1,092 (+5%)	6mo	$50,000	$46	59
5752 Oprey St	0.36mi	3/2.0	912 (-12%)	6mo	$110,000	$121	58
7632 Lueders Ave	0.67mi	3/1.0	1,024 (-2%)	6mo	$144,000	$141	57
950 Ashton St	0.64mi	3/1.0	1,000 (-4%)	4mo	$142,500	$143	56
2115 Burgoyne Dr	0.67mi	3/2.0	1,092 (+5%)	8mo	$90,000	$82	54
2231 Palmdale St	0.73mi	3/1.5	1,104 (+6%)	2mo	$75,000	$68	53
1508 Golf Forest Dr	0.69mi	3/2.0	1,100 (+6%)	8mo	$150,000	$136	52
5745 Benedict Rd	0.70mi	3/1.0	904 (-13%)	5mo	$60,000	$66	37
7939 Denham Rd E	0.73mi	3/1.0	1,168 (+12%)	14mo	$154,000	$132	30

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: -10.1%
• Equity multiple: 0.64×
• Total profit: $-12,462
• Equity at exit: $18,638

10-year hold

• IRR: -5.5%
• Equity multiple: 0.69×
• Total profit: $-10,879
• Equity at exit: $10,808

Cash invested: $35,000 (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 32208

• Home prices YoY: -33.6%
• Rents YoY: -1.4%
• Active inventory: 294
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,343 high
• Mortgage (P&I): −$656
• Tax from tax record: −$169 /mo · $2,034/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $184

Break-even live

Break-even rent $1,110

Max offer price $125,000

Occupancy floor 81%

Sensitivity live

Price	-10% $254	-5% $219	+0% $184	+5% $148	+10% $113
Rent	-10% $78	-5% $131	+0% $184	+5% $237	+10% $290
Rate	-1.0pp $247	-0.5pp $215	base $184	+0.5pp $151	+1.0pp $118

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5903 Droad St Jacksonville, FL	3.0	1.0	1161	$1,400	$1.21	4d	1	0.09mi
1567 Rutledge Ave Jacksonville, FL	3.0	2.0	1050	$1,113	$1.06	25d	1	0.20mi
1750 Rutledge Ave Jacksonville, FL	3.0	2.0	1250	$1,358	$1.09	16d	1	0.48mi
1536 W 45th St Jacksonville, FL	2.0	1.0	800	$1,050	$1.31	25d	1	0.50mi
5736 Teeler Ave Jacksonville, FL	3.0	1.0	852	$1,000	$1.17	25d	1	0.52mi
7927 Reid Ave Jacksonville, FL	3.0	1.0	1055	$1,500	$1.42	25d	1	0.69mi
2312 Palmdale St Jacksonville, FL	3.0	2.0	972	$1,231	$1.27	25d	1	0.72mi
961 Dorchester St Jacksonville, FL	2.0	1.0	884	$1,025	$1.16	4d	1	0.74mi
1834 Meharry Ave Jacksonville, FL	3.0	1.0	1291	$1,295	$1.00	6d	1	0.77mi
6510 Avalon St Jacksonville, FL	4.0	2.0	1488	$1,425	$0.96	25d	1	0.82mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	25d	1	0.83mi
1010 Edgewood Ave W Jacksonville, FL	4.0	2.0	1450	$1,250	$0.86	16d	1	0.83mi
1136 Maynard St Jacksonville, FL	2.0	1.0	919	$1,045	$1.14	25d	1	0.84mi
920 Alderside St Jacksonville, FL	3.0	1.0	1255	$1,195	$0.95	6d	1	0.85mi
2092 Benedict Rd Jacksonville, FL	3.0	1.0	816	$1,095	$1.34	25d	1	0.85mi
1348 Crestwood St Jacksonville, FL	3.0	1.0	1300	$1,100	$0.85	25d	1	0.86mi
1803 W 44th St Unit 1803 Jacksonville, FL	2.0	1.0	750	$950	$1.27	9d	1	0.88mi
5352 Dodge Rd Jacksonville, FL	3.0	2.0	1050	$1,261	$1.20	25d	1	0.89mi
1823 W 44th St Jacksonville, FL	3.0	2.0	1066	$1,500	$1.41	25d	1	0.89mi
2534 Aubrey Ave Jacksonville, FL	4.0	2.0	759	$1,250	$1.65	25d	1	0.90mi
5350 Dodge Rd Jacksonville, FL	3.0	1.0	1000	$1,500	$1.50	25d	1	0.91mi
1975 Rugby Rd Jacksonville, FL	2.0	1.0	992	$1,100	$1.11	9d	1	0.92mi
1959 W 45th St Jacksonville, FL	2.0	1.0	895	$1,245	$1.39	15d	1	0.93mi
4813 Moncrief Rd Jacksonville, FL	2.0–3.0	1.0	755	$920	$1.22	4d	8	0.93mi
2151 Wilberforce Rd Jacksonville, FL	3.0	2.0	1166	$1,249	$1.07	25d	1	0.95mi
2069 Talladega Rd Jacksonville, FL	4.0	2.0	1152	$1,298	$1.13	5d	1	1.02mi
6114 Strawflower Pl Jacksonville, FL	3.0	1.0	1030	$1,200	$1.17	25d	1	1.03mi
8617 3rd Ave Jacksonville, FL	3.0	1.0	1048	$1,200	$1.15	12d	1	1.04mi
2818 Palmdale St Jacksonville, FL	4.0	2.5	1484	$1,900	$1.28	25d	1	1.05mi
1867 W 41st St Jacksonville, FL	3.0	2.0	1218	$1,325	$1.09	19d	1	1.07mi
8642 2nd Ave Jacksonville, FL	3.0	2.0	1074	$1,245	$1.16	3d	1	1.08mi
2108 Talladega Rd Jacksonville, FL	3.0	2.0	1160	$1,579	$1.36	5d	1	1.08mi
8663 5th Ave Jacksonville, FL	2.0	1.0	720	$1,045	$1.45	25d	1	1.11mi
1653 W 35th St Jacksonville, FL	2.0	1.0	800	$825	$1.03	25d	1	1.14mi
7210 Elwood Ave Jacksonville, FL	2.0	1.0	831	$995	$1.20	23d	1	1.16mi
8721 4th Ave Jacksonville, FL	3.0	1.5	1344	$1,399	$1.04	25d	1	1.17mi
1021 Lake Forest Blvd Jacksonville, FL	3.0	1.0	1393	$1,290	$0.93	4d	1	1.18mi
915 Wayne St Jacksonville, FL	4.0	2.0	1220	$1,313	$1.08	4d	1	1.24mi
5306 Paris Ave Jacksonville, FL	3.0	1.0	944	$1,150	$1.22	25d	1	1.24mi
1551 W 33rd St #2 Jacksonville, FL	2.0	1.0	842	$795	$0.94	22d	1	1.24mi

Listing history 3 events

1. 2026-05-11
   status Pending
2. 2026-02-26
   listed $125,000 Active
3. 1977-09-23
   soldstatus $28,500

ⓘ 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: $2,034 · $169/mo
• Projected year-2 tax: $2,034 · $169/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 18 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: $16,113
• − Mortgage interest: −$7,002
• − Property taxes: −$2,034
• − Insurance: −$625
• − Repairs & maintenance: −$1,289
• − Management: −$1,289
• − Depreciation: −$3,636
• Taxable income: $238
• Est. tax owed @ 24.0%: −$57
• After-tax cash flow: $2,147/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): 32,699
• Household income: $41,324
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1765.0

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 (77%)
• Race & ethnicity: Black 77% White 16% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 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: ▼ -110.56%
• Current HPI: 217.9706
• Rent YoY: ▼ -1.36%
• 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

+338.6% since first listed

3 events — show timeline

• 2026-05-11 Pending — realMLS
• 2026-02-26 Listed $125,000 realMLS
• 1977-09-23 Sold (Public Records) $28,500 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,034 · +20.4% YoY. Source: county tax records.