Updated Jacksonville Rental Near Major Employment Corridors
A clean, updated Florida rental balancing current income potential with long-term market appreciation.
This 3-bedroom, 2-bath property offers approximately 1,560 square feet and was built in 1986. The projected monthly rent is $1,950, with estimated monthly operating expenses of $720, producing projected net monthly income of $1,230. Based on the asking price of $229,000, the projected cap rate is 6.4%.
The property is currently vacant or being prepared for tenant placement, giving the next owner flexibility on lease terms and screening. Professional property management is included or already arranged for a smoother transition.
The projected ROI of 9.4% combines the income profile with a conservative market appreciation assumption. Figures are estimates intended for listing presentation and should be independently verified during due diligence.

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