Looking for an Investment? Low Maintenance Home with a 5-6% ROI! The Farms of Jacksonville | $349,900 | MLS 3001230 | Attention Investors!!! Beautiful Craftsman-style townhouse in the newest building at The Farms of Jacksonville, just blocks from historic downtown with great dining, shopping, wine-tasting, hiking trails and Britt Amphitheater for an easy, low-maintenance lifestyle. Main level features hardwood floors with open-concept living, dining and kitchen with gas range, a powder room, closet and finished garage. Lovely private park-like common area off back patio. Upstairs features tiled walk-in shower in master bath, laundry room, vaulted ceilings with fans in bedrooms and French doors leading from master bedroom to second story covered balcony. Two additional bedrooms and another full bath with tub complete the 2nd level. Townhouse features granite counters throughout and custom window treatments. This home has been well-maintained and is move-in ready. Structural warranty that will transfer to buyer is valid until June 2026. Exterior maintenance, community center, and landscaping covered by HOA.
Current Market Rent for subject property:
- $2,300/M Furnished
- Net Return:
- 27,600 Annual gross rent
- -$0 Annual Maintenance HOA covered exterior
- -$2,660 Annual Taxes
- -$450 Annual Insurance
- -$1,860 Annual HOA Fees
- -$3,000 Annual Utilities typically paid by owner
- Total $19,630/ Year in net returns
- 27,600 Annual gross rent
- Return on Investment based on $19,630 in yearly returns is between 5 and 6%
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