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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Jonesboro at 102 E 7th St, Jonesboro, IN, 46938 earns $247/mo cash flow from $1,070/mo rent with a $660/mo payment. Total monthly income totals $1,070/mo, and annual cash flow totals $2,968/yr on $44,719 capital. ROI tracks 26.55% on current figures, and rental yield reads 9.52% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 138.37% and total cumulative return in cash sums $61,877. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,070/mo property income instead of your personal income.
Manufactured
Built in 2003
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $134,900 |
| 2025-06-06 | Listing removed | N/A |
| 2025-04-23 | Pending sale | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1278.00 | 236.00% | $77,900 | 21.91% |
| 2023-07-01 | $380.36 | -2.27% | $63,900 | 5.45% |
| 2022-07-01 | $389.20 | -11.92% | $60,600 | -1.46% |
Listed by: Austin Rich • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525154
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.
