Real Estate Investing in Jacksonville, Florida (32206)
Should you buy in 32206 (Jacksonville, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.2% of homes vacant — above national norms.
- Elevated poverty: 25.2% poverty rate — can affect rent collection.
- Lower household income: $35,313 median — tenant affordability is tighter.
What’s happening in Jacksonville, FL (32206)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32206 Jacksonville
Investors eyeing 32206 need to respect the fundamentals at play. Home values of $134K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 32206 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 32206's metrics run below Duval County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 32206 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 32206 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Jacksonville:
Property Strategy for 32206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $84,693 | $1,150 | 9.8% | +7.7% | $42,347 |
| 3BR | $122,396 | $1,420 | 8.4% | +7.4% | $40,799 |
| 4BR | $209,015 | $1,780 | 6.1% | +6.6% | $52,254 |
| 5BR | $248,551 | — | — | +7.1% | $49,710 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32206 Compare?
| Metric | 32206 | Jacksonville | Jacksonville, FL | Florida |
|---|---|---|---|---|
| Home Value | $134,089 | $159,097 | N/A | $374,697 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,320 | $1,636 | N/A | - |
| Cap Rate | 7.7% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32206 (Jacksonville, FL). Anonymous, moderated, never written by AI.
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Property managers serving Duval County
Manage rentals here? List your business →Community Management Concepts of Jacksonville, an Associa Member Company, offers HOA property management, professional maintenance, real estate, developer, financial, technology, and lifestyle service summary from their website
First Coast Association Management provides HOA management services in Jacksonville, FL. summary from their website
Real Property Management Jacksonville Metro offers property management services for single homes, multiple homes, apartment complexes, and institutional portfolios, with a focus on cost-effective fees summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $134,089 |
| Monthly Rent | $1,320 |
| Price-to-Rent | 8.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.8% |
| Cap Rate | 7.7% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +13.1% ▲ |
🏠 Rent Trends
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +7.6% ▲ |
The estimated cap rate (7.7%) exceeds the current 30-yr mortgage rate (6.5%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32206
Population: 16,809
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32206
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
LAVILLA SCHOOL OF THE ARTS
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,349 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does a duplex house hack pencil in Jacksonville, FL?
House hacking in Jacksonville, FL is reasonable to execute. Prices around $134K and rents of $1,320/mo solid owner-occupant economics.
What type of investing works in Jacksonville, FL?
Most investors in Jacksonville, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How much does a house cost in Jacksonville, FL?
Median home price in Jacksonville, FL is near $134K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
What is the investability score for Jacksonville, FL?
With a 3.0/5 investability score, Jacksonville, FL ranks as a solid market for rental property investors. Median prices of $134K and rents of $1,320/mo drive the underlying numbers.
How landlord-friendly is Jacksonville, FL?
FL ranks as a landlord-friendly state for landlord-tenant law. Jacksonville generally follows the statewide framework, so landlords face reasonable operating rules.
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