Ranch home in Jacksonville, FL
This 962-square-foot Ranch home in Jacksonville, FL includes 2 bedrooms and 2 bathrooms. The Ranch styling carries through the home's design.
| Price | $230,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Sqft | 962 |
|---|
| Architectural style | Ranch (61% match) |
|---|
| Address | 2140 FELCH Avenue, Jacksonville, FL 32207 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $230K, this home is 27% below the $315K median for 1610 similar Ranch homes in Jacksonville, FL.
- That works out to $239 per square foot, 24% above the $193 comparable rate.
- New to market (4 days), so expect competition.
| This home | $230,000 |
|---|
| Ranch median in Jacksonville, FL | $315,000 (1610 homes) |
|---|
| Price per sq ft | $239 vs. $193 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,520/month with 20% down at a 7.28% 30-year fixed rate. You would need about $65,126 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,259/mo |
|---|
| Property tax (new-buyer reassessed rate) | $174/mo |
|---|
| Homeowners insurance | $86/mo |
|---|
| Total monthly | $1,520/mo |
|---|
| Down payment (20%) | $46,000 |
|---|
| Income needed | $65,126/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (72 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (72/100) |
|---|
| Beats renting in | 30% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $129,186 |
|---|
| Range (10th to 90th pct) | $79,840 to $185,128 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Jacksonville, FL where local data is thin.
Local home values
Typical home values in Jacksonville, FL have risen about 18% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia