103 N Allen AveJonesboroLA71251
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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 103 N Allen Ave, Jonesboro, LA, 71251 offers a 5.67% rental yield on a $165,000 purchase with $780/mo rent. 59% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 74.37% and total cumulative return in cash at $40,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71251, Jonesboro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,048 (100%) |
| Owner Occupied HU | 2,349 (58.0%) |
| Renter Occupied HU | 1,019 (25.2%) |
| Vacant Housing Units | 680 (16.8%) |
| Median Home Value | $116,334 |
| Average Home Value | $167,849 |
Housing Distribution
Address Breakdown
Residential
3,560
Single Family
3,457
Multi-Family
103
Businesses
372
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Listed by: RANDY MATHEWS • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2493320
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.