For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Hilliard, the potential for lucrative investments is evident, with single-family properties boasting an impressive COC of 31.3% and manufactured homes offering returns of 22.7%. This article will delve into the most promising deals in Hilliard, showcasing properties that not only deliver high cash on cash returns but also feature attractive characteristics such as strong rental income and favorable cap rates.
By analyzing these data points, investors can uncover opportunities that align with their financial goals and investment strategies. Whether you're a seasoned investor or just starting, understanding which metrics matter most will empower you to make informed decisions in this vibrant market.
Did you know that Hilliard is known for its affordable housing market, making it an attractive destination for real estate investment? With the right insights, you can capitalize on this unique opportunity.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Callahan, FL | Single Family | 31.3% | $190,000 | $2,089 | $1,098 | $2,032 | 12.8% | $991 | 7.6 | 2.2 | $940 | $101 | $0 | $57 |
| Sign up for a free account to view this property's address and details. | Hilliard, FL | Manufactured | 22.7% | $175,000 | $1,821 | $1,158 | $1,763 | 12.1% | $663 | 8.0 | 1.8 | $991 | $109 | $0 | $58 |
| Sign up for a free account to view this property's address and details. | Folkston, GA | Manufactured | 13.8% | $154,900 | $1,314 | $958 | $1,268 | 9.8% | $356 | 9.8 | 1.6 | $782 | $130 | $0 | $46 |
| Sign up for a free account to view this property's address and details. | Callahan, FL | Single Family | 11.8% | $285,000 | $2,208 | $1,648 | $2,122 | 8.9% | $560 | 10.8 | 1.5 | $1,410 | $152 | $0 | $86 |
| 37286 MILL Street, Hilliard, FL 32046 | Hilliard, FL | Single Family | 10.5% | $324,000 | $2,442 | $1,873 | $2,345 | 8.7% | $569 | 11.1 | 1.5 | $1,603 | $173 | $0 | $97 |
| 162 Springhill Cir, Kingsland, GA 31548 | Kingsland, GA | Single Family | 9.0% | $260,000 | $1,972 | $1,580 | $1,894 | 8.7% | $392 | 11.0 | 1.5 | $1,294 | $208 | $0 | $78 |
| 27205 MAGNOLIA Avenue, Hilliard, FL 32046 | Hilliard, FL | Single Family | 7.9% | $220,000 | $1,564 | $1,275 | $1,498 | 8.2% | $289 | 11.7 | 1.4 | $1,092 | $117 | $0 | $66 |
| 349 Woolard Rd, Folkston, GA 31537 | Folkston, GA | Single Family | 4.7% | $295,000 | $2,084 | $1,851 | $1,986 | 8.1% | $233 | 11.8 | 1.3 | $1,551 | $202 | $0 | $98 |
| 1072 Janells River Dr, Folkston, GA 31537 | Folkston, GA | Single Family | 4.5% | $540,000 | $3,772 | $3,368 | $3,547 | 7.9% | $404 | 11.9 | 1.3 | $2,688 | $455 | $63 | $162 |
| 202 Bowline Ln, Kingsland, GA 31548 | Kingsland, GA | Single Family | 3.3% | $415,000 | $2,918 | $2,687 | $2,697 | 7.8% | $231 | 11.9 | 1.2 | $2,182 | $284 | $83 | $138 |
| 15835 COUNTY ROAD 108, Hilliard, FL 32046 | Hilliard, FL | Single Family | 2.1% | $284,900 | $1,747 | $1,646 | $1,662 | 7.0% | $101 | 13.6 | 1.2 | $1,409 | $152 | $0 | $85 |
| 23960 CR 121, Hilliard, FL 32046 | Hilliard, FL | Manufactured | 1.5% | $319,900 | $1,930 | $1,849 | $1,834 | 6.9% | $81 | 13.8 | 1.2 | $1,582 | $171 | $0 | $96 |
| 15959 COUNTY RD 108, Hilliard, FL 32046 | Hilliard, FL | Single Family | -0.7% | $429,000 | $2,435 | $2,482 | $2,306 | 6.5% | -$47 | 14.7 | 1.1 | $2,124 | $229 | $0 | $129 |
| 22465 COUNTY ROAD 121, Hilliard, FL 32046 | Hilliard, FL | Single Family | -3.4% | $599,999 | $3,087 | $3,424 | $2,907 | 5.8% | -$337 | 16.2 | 1.0 | $2,924 | $320 | $0 | $180 |
| 35018 NANCY Road, Callahan, FL 32011 | Callahan, FL | Single Family | -3.4% | $525,000 | $2,737 | $3,035 | $2,579 | 5.9% | -$298 | 16.0 | 1.0 | $2,597 | $280 | $0 | $158 |
| 241595 COUNTY ROAD 121, Hilliard, FL 32046 | Hilliard, FL | Single Family | -5.8% | $468,500 | $2,252 | $2,708 | $2,111 | 5.4% | -$456 | 17.3 | 0.9 | $2,317 | $250 | $0 | $141 |
| 47248 SAWTOOTH RIDGE, Callahan, FL 32011 | Callahan, FL | Single Family | -6.5% | $445,000 | $2,094 | $2,575 | $1,960 | 5.3% | -$481 | 17.7 | 0.9 | $2,204 | $237 | $0 | $134 |
| 39883 PROSPECT Landing, Hilliard, FL 32046 | Hilliard, FL | Single Family | -7.7% | $969,000 | $4,579 | $5,829 | $4,256 | 5.3% | -$1,250 | 17.6 | 0.9 | $4,900 | $606 | $0 | $323 |
| 48206 MERIDIAN Trail, Hilliard, FL 32046 | Hilliard, FL | Single Family | -8.0% | $439,900 | $1,958 | $2,545 | $1,826 | 5.0% | -$587 | 18.7 | 0.8 | $2,178 | $235 | $0 | $132 |
| 452482 OLD DIXIE Highway, Callahan, FL 32011 | Callahan, FL | Single Family | -8.0% | $360,000 | $1,756 | $2,238 | $1,636 | 5.5% | -$482 | 17.1 | 0.9 | $1,893 | $225 | $0 | $120 |
| 35095 BRANDY Lane, Callahan, FL 32011 | Callahan, FL | Single Family | -8.4% | $299,000 | $1,419 | $1,838 | $1,319 | 5.3% | -$419 | 17.6 | 0.9 | $1,551 | $187 | $0 | $100 |
| 45361 AMERICAN DREAM Drive, Callahan, FL 32011 | Callahan, FL | Single Family | -9.3% | $490,000 | $2,100 | $2,857 | $1,928 | 4.7% | -$757 | 19.4 | 0.8 | $2,424 | $261 | $25 | $147 |
| 37662 SOLI DEO GLORIA Way, Hilliard, FL 32046 | Hilliard, FL | Single Family | -10.2% | $1,199,000 | $4,877 | $6,924 | $4,517 | 4.5% | -$2,047 | 20.5 | 0.8 | $5,925 | $639 | $0 | $360 |
| 17667 ANDREWS Road, Hilliard, FL 32046 | Hilliard, FL | Single Family | -11.3% | $435,000 | $1,699 | $2,517 | $1,568 | 4.3% | -$818 | 21.3 | 0.7 | $2,154 | $232 | $0 | $131 |
| 48077 MERIDIAN Trail, Hilliard, FL 32046 | Hilliard, FL | Single Family | -11.8% | $489,999 | $1,871 | $2,834 | $1,724 | 4.2% | -$963 | 21.8 | 0.7 | $2,426 | $261 | $0 | $147 |
| 46548 SAULS Road, Callahan, FL 32011 | Callahan, FL | Single Family | -11.9% | $535,000 | $2,028 | $3,092 | $1,867 | 4.2% | -$1,064 | 22.0 | 0.7 | $2,646 | $285 | $0 | $161 |
| 15534 COUNTY ROAD 108, Hilliard, FL 32046 | Hilliard, FL | Single Family | -12.0% | $534,500 | $2,021 | $3,092 | $1,861 | 4.2% | -$1,071 | 22.0 | 0.7 | $2,647 | $285 | $0 | $160 |
| 55281 YELLOW JACKET Drive, Callahan, FL 32011 | Callahan, FL | Single Family | -12.7% | $499,999 | $2,082 | $3,140 | $1,915 | 4.6% | -$1,058 | 20.0 | 0.7 | $2,661 | $312 | $0 | $167 |
| 29173 ST MARY'S Circle, Hilliard, FL 32046 | Hilliard, FL | Single Family | -17.2% | $650,000 | $2,086 | $3,954 | $1,869 | 3.5% | -$1,868 | 26.0 | 0.6 | $3,331 | $406 | $0 | $217 |
| 47566 TURKEY TOWN Lane, Hilliard, FL 32046 | Hilliard, FL | Single Family | -19.6% | $785,000 | $2,154 | $4,722 | $1,892 | 2.9% | -$2,568 | 30.4 | 0.5 | $3,969 | $491 | $0 | $262 |
| 473951 MIDDLE Road, Hilliard, FL 32046 | Hilliard, FL | Single Family | -21.2% | $599,000 | $1,294 | $3,412 | $1,114 | 2.2% | -$2,118 | 38.6 | 0.4 | $2,913 | $319 | $0 | $180 |
Cash on Cash Return: 31.3%
Price: $190,000
Rent: $2,089
Total Payment: $1,098
Cap Rate: 12.8%
Cash Flow: $991
GRM: 7.6
DSCR: 2.2
Location: Booth Street
Last Updated: 01/01/1900
First Seen: 11/30/2024
This charming single-family home on Booth Street is an excellent investment opportunity. With a cash on cash return of 31.3%, it stands out in the market. The property generates a strong rental income of $2,089, resulting in a cash flow of $991 after expenses. The cap rate of 12.8% indicates a solid return, making it a prime choice for investors seeking high cash flow properties in Hilliard.
Cash on Cash Return: 22.7%
Price: $175,000
Rent: $1,821
Total Payment: $1,158
Cap Rate: 12.1%
Cash Flow: $663
GRM: 8.0
DSCR: 1.8
Location: Kings Ferry Road
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home on Kings Ferry Road offers a cash on cash return of 22.7%, making it a strong contender in the Hilliard market. With a rental income of $1,821, the property yields a cash flow of $663. The cap rate of 12.1% further emphasizes its investment potential, appealing to those searching for high cap rate properties in Hilliard.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the properties listed above are not only profitable but also represent some of the best cash on cash return in Hilliard.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property’s ability to cover its debt obligations. For instance, the Booth Street property has a GRM of 7.6 and a DSCR of 2.2, indicating a strong ability to generate income and cover debt, making it a low-risk investment.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, if the Kings Ferry Road property reduces its total payment by $100 through cost-saving measures, the cash flow would increase, making it even more attractive to investors.
Investing in condos versus single-family homes presents different advantages. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, with the single-family home on Booth Street showing a higher cash on cash return compared to the manufactured home on Kings Ferry Road.
With its attractive investment properties and strong financial metrics, Hilliard stands out as a prime location for real estate investment. The properties highlighted offer exceptional cash flow and cap rates, making them ideal for savvy investors. Don’t miss out on these high-return opportunities—contact us today for more information or to sign up for real-time updates on investment properties in Hilliard!