$31,000 Renovated And Tenanted Buy To Let Property In Jacksonville. 16.82% Net Yield
- Price: 31000.00 $
- Bedrooms: 2
- Bathrooms: 1
1430 State St W, Jacksonville, FL 32254 is a renovated 2 bedroom, 1 bathroom single family home of 720 square foot on a lot of 3,860 square foot. Built in 1952, the property benefits from off-street parking.
The property is located in the New Town district on the mid-western side of Jacksonville.
This property offers excellent value for money and is priced to sell now! The current Zestimate for the property is $44,753 and Zillow predicts prices in Jacksonville will increase by 6.4% in the next 12 months.
The property is already tenanted on a renewable 12 month lease to ensure you receive an excellent income from day one.
Purchase Price: $31,000
Closing Costs: $1,000 (Estimated)
TOTAL OUTLAY: $32,000
RENTAL INCOME: $7,200
PROPERTY TAXES: $596
TOTAL OUTGOINGS: $1,816
NET INCOME: $5,384
THE NET YIELD IS THEREFORE A FANTASTIC 16.82%
Please contact us for further information or to reserve this property.