Investment metrics, interactive calculators, and data-driven analysis for Jacksonville rental properties.
Pre-filled with Jacksonville medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Jacksonville.
Jacksonville, FL has a population of 985,843 and has been growing at 1.7% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $310,000 paired with median rents of $1,480/mo produces an estimated cap rate of 3.76%.
Property taxes at 0.86% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.4% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 5.3x, homes cost about 5.3 times the local median income of $58,200. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 3.6% annually. Above-average appreciation adds an equity component to total returns, though deals should still pencil on cash flow alone.
Bottom line: At current median prices, Jacksonville is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.