








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Hilliard at 38150 Oak Grove Dr, Hilliard, FL, 32046 listed at $849,000 pairs $1,920/mo rent with a $4,155/mo payment. Total monthly income runs $1,920/mo. Return on cash invested measures 4.11% in year one, and rental yield registers 2.71% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 18.66% and total cumulative return in cash totals $52,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32046, Hilliard, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,069 (100%) |
| Owner Occupied HU | 3,027 (74.4%) |
| Renter Occupied HU | 784 (19.3%) |
| Vacant Housing Units | 258 ( 6.3%) |
| Median Home Value | $356,963 |
| Average Home Value | $406,535 |
Residential
3,864
Single Family
3,819
Multi-Family
45
Businesses
232
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Price change | $849,000 |
| 2025-02-26 | Price change | $1,099,000 |
| 2025-02-20 | Price change | $849,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-04-03 | $2396.41 | 7.16% | $155,469 | 9.37% |
| 2021-04-03 | $2236.34 | -15.78% | $142,155 | -14.55% |
| 2020-04-03 | $2655.29 | 161.73% | $166,353 | 164.76% |



Listed by: Ralph Bennett • PRISTINE PROPERTIES of NASSAU, LLC
Mls Name: AINCAR
Mls Provider:
Mls ID: #111835
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.