Cash-flowing rental portfolio built for steady, diversified returns with immediate income in place. There are four houses total. Each property is operated as a room-by-room rental, generating approximately $2,150 per month (Room 1: $750, Room 2: $650, Room 3: $750), equating to $25,800 annually per property in gross rental income. Properties have undergone targeted renovations, including updated kitchens with new cabinets, countertops, and appliances, new flooring, upgraded electrical, and newer water heaters, with select homes also featuring new roofs and/or HVAC systems. Designed to meet strong workforce housing demand, this model reduces vacancy risk and offers scalable income potential. Portfolio includes: 304 Goodwin St, 447 Ellis Rd, and 556 Ernona St.
Parking:
Carport, Off Street
Current Use
Multi-Family, Residential, Single Family
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
5620 BAGNAL Road, Jacksonville, FL, 32205
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
