111 Paradise DrJonesboroLA71251
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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 111 Paradise Dr, Jonesboro, LA, 71251 earns from $1,711/mo rent with a $1,468/mo payment. Total monthly income totals $1,711/mo. ROI tracks 18.14% on current figures, and rental yield reads 6.84% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 93.32% and total cumulative return in cash sums $92,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 2002
1.28 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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