Investor commentary
Jacksonville is the most balanced Florida market for new investors — meaningful cash flow without paying Miami or Tampa premiums.
How to interpret Jacksonville's rental yield
A 7.3% rental yield in Jacksonville compares favorably to coastal gateway markets (typically 4–5%) and signals meaningful month-one cash flow potential. Always underwrite with the property's actual taxes and insurance — both can swing materially in this state.
Recommended underwriting adjustments
- Reset property taxes to your purchase price, not the seller's basis.
- Add 6% vacancy as baseline; stress to 9% in worst case.
- Budget 8–10% management plus 8% maintenance + capex reserves.
- Verify insurance quotes from at least two carriers before closing.