7129 Northland St · Jacksonville, FL 32208

$93,500

2 bd · 2.0 ba · 684 sqft · SingleFamily public records

Built 1922 Est $83k · 13% over

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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 +25.0/30.0
• DSCR +8.2/10.0
• 1% rule +6.4/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• ARV discount +1.7/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

Key facts

• Built 1922

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).
• Cap rate 8.9% 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 soft (-1.4%/yr); 291 active listings in the ZIP; 8 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).
• This rent runs 31% 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 $646 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

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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 $19k; list at $94k implies a 392% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1922 — 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 $93,500

Questions for the listing agent

1. Built in 1922 — 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: 1.14% ✓
• Cap rate: 8.91%
• Cash-on-cash: 9.34%
• DSCR: 1.42
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $82,764
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7129 Northland St	0.00mi	2/2.0	684 (0%)	1mo	$50,000	$73	99
617 E 57th St	0.28mi	2/1.0	772 (+13%)	7mo	$136,000	$176	56
803 E 58th St	0.35mi	2/1.0	716 (+5%)	21mo	$50,000	$70	54
161 W 65th St	0.53mi	2/1.0	780 (+14%)	8mo	$94,762	$121	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.80×
• Total profit: $-5,268
• Equity at exit: $13,941

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $147
• Equity at exit: $8,084

Cash invested: $26,180 (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: 291
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,062 high
• Mortgage (P&I): −$490
• Tax from tax record: −$105 /mo · $1,265/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $204

Break-even live

Break-even rent $803

Max offer price $93,500

Occupancy floor 76%

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: $23,375
• Closing costs: $2,805
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6701 N Main St Jacksonville, FL	1.0	1.0	700	$950	$1.36	23d	1	0.40mi
92 W 55th St Jacksonville, FL	2.0	1.0	624	$845	$1.35	21d	1	0.64mi
481 E 44th St Jacksonville, FL	2.0	1.0	668	$899	$1.35	23d	1	0.78mi
18 W 43rd St Jacksonville, FL	2.0	1.0	750	$795	$1.06	4d	1	0.98mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,181	$1.45	23d	69	1.06mi
6460 Lanark Ave Jacksonville, FL	2.0	1.0	708	$1,095	$1.55	23d	1	1.06mi
4603 Wendell Ct Unit 14 Jacksonville, FL	1.0	1.0	400	$850	$2.12	23d	1	1.33mi
851 Broxton St Unit 851 Jacksonville, FL	1.0	1.0	700	$875	$1.25	17d	1	1.47mi

Listing history 16 events

1. 2026-06-18
   pricestatusdays on marketlisting id $93,500 Under Contract
2. 2026-04-15
   status Pending
3. 2026-03-29
   listed $93,000 Active
4. 2018-06-30
   historical 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

5. 2018-02-13
   price $39,900 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

6. 2018-01-25
   price $39,939 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

7. 2017-12-28
   price $39,949 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

8. 2017-11-28
   price $39,950 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

9. 2017-08-29
   price $39,999 385-char remark

   Show marketing remark (385 chars)

   Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

10. 2017-08-14
    price $44,000 385-char remark

    Show marketing remark (385 chars)

    Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

11. 2017-06-20
    listed $45,000 Active 385-char remark

    Show marketing remark (385 chars)

    Great rental income property or great starter for a small family! Pull up a chair and enjoy this front patio which also has a ramp built on the side of the house leading up to the deck/patio! Nice size kitchen & master bedroom that's equipped with a walk-in shower! Property is currently occupied by a tenant *Enjoy an instant rental income!!!* Schedule a property showing today!

12. 2007-06-27
    historical 29-char remark

    Show marketing remark (29 chars)

    COMPLETELY REMODELED IN 2006.

13. 2006-12-27
    listed $59,000 29-char remark

    Show marketing remark (29 chars)

    COMPLETELY REMODELED IN 2006.

14. 1998-04-28
    soldstatus $19,000
15. 1998-04-28
    soldstatus $41,000
16. 1997-09-11
    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: $1,265 · $105/mo
• Projected year-2 tax: $1,265 · $105/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 4/10 Moderate FEMA zone X (unshaded) · 17% 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: $12,738
• − Mortgage interest: −$5,237
• − Property taxes: −$1,265
• − Insurance: −$468
• − Repairs & maintenance: −$1,019
• − Management: −$1,019
• − Depreciation: −$2,720
• Taxable income: $1,010
• Est. tax owed @ 24.0%: −$242
• After-tax cash flow: $2,204/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

+933.3% since first listed

15 events — show timeline

• 2026-04-15 Pending — realMLS
• 2026-03-29 Listed $93,000 realMLS
• 2018-06-30 Listing Removed — realMLS
• 2018-02-13 Price Changed $39,900 realMLS
• 2018-01-25 Price Changed $39,939 realMLS
• 2017-12-28 Price Changed $39,949 realMLS
• 2017-11-28 Price Changed $39,950 realMLS
• 2017-08-29 Price Changed $39,999 realMLS
• 2017-08-14 Price Changed $44,000 realMLS
• 2017-06-20 Listed $45,000 realMLS
• 2007-06-27 Listing Removed — realMLS
• 2006-12-27 Listed $59,000 realMLS
• 1998-04-28 Sold (Public Records) $41,000 Public Records
• 1998-04-28 Sold (Public Records) $19,000 Public Records
• 1997-09-11 Sold (Public Records) $9,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $1,265 · +24.8% YoY. Source: county tax records.