10248 Fm 1602JonesboroTX76538
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Jonesboro at 10248 Fm 1602, Jonesboro, TX, 76538 projects strong ROI of -1.38%. Rental yield 1.49%. With 5% annual appreciation, the property builds $1,104,850 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
213 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76538, Jonesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 334 (63.6%) |
| Renter Occupied HU | 61 (11.6%) |
| Vacant Housing Units | 130 (24.8%) |
| Median Home Value | $288,889 |
| Average Home Value | $377,328 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
13
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Listed by: Wesley Stout • The Platinum Group Real Estate
Mls Name: NTREIS
Mls ID: #20445983
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.