1047 JAYHIL DRIVE
About This Property
If you've been searching for an affordable home in a highly desirable location, this is one worth seeing.
This 3 bedroom, 2 bathroom residence is situated on a spacious corner lot with a southwest-facing view, offering both privacy and outdoor enjoyment. The property features a large patio ideal for entertaining, along with a fully fenced yard.
Inside, the home offers a bright and open family room with vaulted ceilings, ceramic tile flooring throughout, and a functional eat-in kitchen complete with wood-look flooring and double pantries for added storage.
Recent updates provide peace of mind and long-term value, including a new roof in 2022, new French doors leading to the backyard in 2023, a tankless water heater installed in 2024, and a new A/C system with air handler in 2025. In addition, all major appliances were replaced in 2026, including the stove, refrigerator, washer, and dryer.
The location is a standout feature. The home is within walking distance to the elementary school just 3 to 4 blocks away and approximately a 20-minute walk to the high school. It is also conveniently located about 1.5 miles from Publix and just 2 miles from the Florida Turnpike, with close proximity to Lake Minneola, the National Training Center, South Lake Hospital, and UCF's South Lake campus, as well as a variety of shopping and dining options.
Minneola continues to experience significant growth and development. The recently opened AdventHealth hospital has added both convenience and economic momentum to the area. The upcoming Hills Town Center will introduce new retail, dining, and community spaces, and Crooked Can is set to establish its new headquarters and food hall nearby, further enhancing the area's appeal and long-term potential.
Whether you are a first-time homebuyer or an investor, this property presents a compelling opportunity in a rapidly growing part of Central Florida.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017