349 Cole Rd, Jacksonville, FL 32218
3 beds · 2 baths · 1,800 sqft sqft
Welcome to 349 Cole Rd, Jacksonville, FL 32218. A 3-bedroom, 2-bathroom, 1800 square foot modular home that blends country charm with modern convenience. Set on a 1-acre lot, this property offers an exceptional opportunity for homebuyers and real estate investors alike. Brand new carpet and only 10 years old this home is move in ready. This property isn't just a home; it's an investment in your future. With an expansive lot, there's ample space for a second investment home, making this a perfect choice for those looking to maximize their return on investment. Embrace sustainable living with fully paid-for solar panels. Not only will you enjoy reduced energy bills, but you'll also be making a positive impact on the environment—a win-win for eco-conscious buyers. Experience the best of both worlds with a location that offers serene country living just minutes from downtown Jacksonville. Enjoy the peace and privacy of a partially fenced yard, ideal for children, pets, or simply unwinding after a long day. Say goodbye to extra costs with NO CDD or HOA fees, giving you the freedom to enjoy your property without restrictions. Plus, with easy access to shopping and entertainment, you're never far from the action. This home at 349 Cole Rd offers unparalleled value in today's competitive real estate market. Whether you're a first-time homebuyer, a seasoned investor, or looking for a peaceful retreat, this property is a smart choice. Don't miss out on this unique opportunity to own a piece of Jacksonville's hidden gems.
Source: REALMLS #2044035
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2044035
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #2044035
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