ZIP CODE 32244 // JACKSONVILLE, FL // DATA AS OF 2026-09-30
Jacksonville, FL (32244) Rental Property Cap Rate & Cash Flow Report
Located in Duval County (Jacksonville, FL), Zip Code 32244 ranks #39 of 500 within this selected sample (92th percentile) with a Zillow ZHVI typical home-value index of $254,345 (-0.9% YoY) and a ZORI observed market rent of $1,594/mo (+0.5% YoY). Requires at least 30.7% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$173/mo
Annual: -$2,073/yr
Modeled Cap Rate
5.25%
NOI: $13,360/yr
Cash-on-Cash Return
-3.54%
Cash Needed: $58,499
1% Rule Ratio
0.63%
Gross Yield: 7.52%
Break-Even Rent
$1,793/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 32244 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,286/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$481/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (32244)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $223,103 | $1,401/mo | 7.54% |
| 2022 | $281,657 | $1,515/mo | 6.45% |
| 2023 | $271,799 | $1,523/mo | 6.72% |
| 2024 | $271,115 | $1,557/mo | 6.89% |
| 2025 | $256,603 | $1,586/mo | 7.42% |
| 2026 | $254,345 | $1,594/mo | 7.52% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 32210 Jacksonville, FL | $220,477 | $1,375/mo | 5.22% | -$156/mo |
| 33025 Miramar, FL | $388,027 | $2,450/mo | 5.30% | -$248/mo |
| 32822 Orlando, FL | $258,437 | $1,653/mo | 5.39% | -$147/mo |
| 34953 Port Saint Lucie, FL | $398,028 | $2,551/mo | 5.40% | -$221/mo |
| 33311 Fort Lauderdale, FL | $363,199 | $2,379/mo | 5.55% | -$157/mo |
| 33064 Deerfield Beach, FL | $361,279 | $2,156/mo | 4.94% | -$339/mo |