This 3-bed, 1-bath, 1,533 sqft single-family home in Jacksonville's 32209 zip offers an estimated rent range of $1,100–$1,375/month, based on comparable units and current Rent Zestimate data. Annual gross revenue potential is $13.2K–$16.5K. With an asking price of $126.9K, the payback period (gross rent multiplier) falls in the 7.7–9.6 year range. Jacksonville’s rental market is currently softening due to increased supply, but demand remains steady and long-term fundamentals are strong[1][2][3]. The home’s solid size, brick exterior, and proximity to schools are positives, though the 1-bath layout and unfinished renovations may temper immediate rentability.
To maximize rental income, completing the renovation is key—focus on modernizing the kitchen, bathroom, and flooring, and consider adding curb appeal or security features. For owners considering a sale, marketing to value-add investors or Section 8 landlords could help command a premium. Consider flexible lease options, as vacancy rates are temporarily elevated in the area[3]. Positioning as a move-in ready property post-upgrade will attract more stable tenants.