1456 W 20th St · Jacksonville, FL 32209

$135,000

4 bd · 2.0 ba · 2,457 sqft · SingleFamily public records · 458 Days on market

Built 1948 10,000 sqft lot Est $206k · 35% under

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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 +28.9/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

Key facts

• 2 story home
• Matured landscape
• 0.23 acre lot

Tags

• 2 STORY HOME
• MATURED LANDSCAPE

Property features AI

Finance

• Other: Zoned RLD-60
• Financial info: No lease restrictions indicated
• HOA & community: No association indicated; No association approval required

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single-family residence; Two stories; Faces south
• Construction: Concrete construction; Shingle roof; Slab foundation; Built on a 0.22-acre lot
• Exterior features: French doors; Exterior lighting; Chain link fencing; Concrete road/driveway

Interior

• Kitchen: Cooktop; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Ceramic tile; Wood
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $457 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.4% 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); 394 active listings in the ZIP; 5 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 $1,819/mo this rent would consume 72% of the median local household income ($31k/yr) (locally 2921% 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 $933 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.
• At projected returns (-3.0% appreciation + 1.8% rent growth), your $38k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 458 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 8y ago; this cycle's ask has dropped $30k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 458 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 1948 — 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: 1.35% ✓
• Cap rate: 10.36%
• Cash-on-cash: 14.52%
• DSCR: 1.65
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $206,388
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1519 W 28th St	0.42mi	3/2.5 (-1)	2,392 (-3%)	11mo	$145,000	$61	59
1572 W 30th St	0.51mi	3/3.0 (-1)	2,592 (+6%)	6mo	$217,000	$84	53

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: 3.6%
• Equity multiple: 1.14×
• Total profit: $5,152
• Equity at exit: $20,129

10-year hold

• IRR: 11.9%
• Equity multiple: 1.89×
• Total profit: $33,594
• Equity at exit: $11,672

Cash invested: $37,800 (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: 394
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,819 high
• Mortgage (P&I): −$708
• Tax from tax record: −$215 /mo · $2,586/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $457

Break-even live

Break-even rent $1,240

Max offer price $135,000

Occupancy floor 70%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1511 W 15th St Jacksonville, FL	5.0	3.0	1720	$2,100	$1.22	23d	1	0.23mi
1781 W 3rd St Jacksonville, FL	4.0	2.0	1632	$650	$0.40	23d	1	1.08mi
421 Golfair Blvd Jacksonville, FL	4.0	2.5	1761	$1,381	$0.78	16d	1	1.23mi
1943 Hardee St #1 Jacksonville, FL	3.0	2.0	1622	$1,248	$0.77	4d	1	1.27mi
1931 Silver St Jacksonville, FL	3.0	2.0	2132	$2,600	$1.22	23d	1	1.45mi

Listing history 50 events

1. 2026-06-18
   days on market $135,000 Active 458 DOM
2. 2026-06-17
   days on market $135,000 Active 457 DOM
3. 2026-06-16
   days on market $135,000 Active 456 DOM
4. 2026-06-15
   days on market $135,000 Active 455 DOM
5. 2026-06-10
   days on market $135,000 Active 449 DOM
6. 2026-06-08
   days on market $135,000 Active 448 DOM
7. 2026-06-08
   days on market $135,000 Active 447 DOM
8. 2026-06-03
   days on market $135,000 Active 443 DOM
9. 2026-06-02
   days on market $135,000 Active 442 DOM
10. 2026-06-01
    days on market $135,000 Active 441 DOM
11. 2026-05-31
    days on market $135,000 Active 440 DOM
12. 2026-05-19
    status Active
13. 2026-05-18
    status Pending
14. 2026-02-02
    price $135,000
15. 2026-01-28
    status Active
16. 2025-11-20
    status Pending
17. 2025-06-23
    price $145,000
18. 2025-06-23
    status Active
19. 2025-06-09
    status Pending
20. 2025-04-04
    status Active
21. 2025-03-04
    status Pending
22. 2025-03-02
    price $155,000
23. 2024-12-18
    status Active
24. 2024-10-25
    listed $165,000 Active
25. 2024-08-31
    historical
26. 2024-07-16
    status Active
27. 2024-06-06
    status Pending
28. 2024-05-23
    status Active
29. 2024-05-08
    status Pending
30. 2024-04-02
    status Active
31. 2024-03-31
    historical
32. 2023-10-18
    status Active
33. 2023-10-13
    status Pending
34. 2023-09-20
    status Active
35. 2023-09-13
    status Pending
36. 2023-09-11
    price $165,000
37. 2023-07-31
    price $190,000
38. 2023-06-16
    listed $195,000 Active
39. 2022-11-15
    soldstatus $120,000
40. 2022-11-14
    soldstatus $120,000 Closed 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

41. 2022-07-12
    status Pending 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

42. 2022-06-01
    status Active 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

43. 2022-05-25
    status Pending 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

44. 2022-02-01
    status Active 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

45. 2022-01-19
    status Pending 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

46. 2021-06-22
    price $160,000 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

47. 2021-06-16
    status Active 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

48. 2021-06-08
    historical 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

49. 2021-03-08
    listed $175,000 Active 89-char remark

    Show marketing remark (89 chars)

    Beautiful 2 story home, very private, matured landscape, lots of rooms and very spacious.

50. 2019-06-10
    soldstatus $88,000

ⓘ 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: $2,586 · $215/mo
• Projected year-2 tax: $2,586 · $215/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 6/10 Major FEMA zone X (unshaded) · 71% 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: $21,827
• − Mortgage interest: −$7,562
• − Property taxes: −$2,586
• − Insurance: −$675
• − Repairs & maintenance: −$1,746
• − Management: −$1,746
• − Depreciation: −$3,927
• Taxable income: $3,585
• Est. tax owed @ 24.0%: −$860
• After-tax cash flow: $4,627/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

+80.5% since first listed

48 events — show timeline

• 2026-05-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-02 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-06-23 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-06-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-04-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-02 Price Changed $155,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-10-25 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-07-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-06-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-05-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-05-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-04-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-10-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-10-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-09-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-09-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-09-11 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
• 2023-07-31 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-16 Listed $195,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-15 Sold (Public Records) $120,000 Public Records
• 2022-11-14 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2022-07-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-06-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-05-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-01-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-06-22 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2021-06-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-06-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-03-08 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2019-06-10 Sold (Public Records) $88,000 Public Records
• 2019-06-07 Sold (MLS) $88,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-05-06 Listed $92,000 Stellar MLS as Distributed by MLS Grid
• 2019-04-25 Sold (MLS) $34,000 realMLS
• 2019-04-05 Pending — realMLS
• 2019-03-12 Price Changed $42,500 realMLS
• 2018-12-07 Price Changed $47,900 realMLS
• 2018-11-05 Listed $49,900 realMLS
• 2006-06-07 Sold (Public Records) $74,800 Public Records

Property tax history

+11.2%/yr

Latest (2025): $2,586 · +10.1% YoY. Source: county tax records.