1201 E Main StJonesboroLA71251
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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
Rental property for sale in Jonesboro at 1201 E Main St, Jonesboro, LA, 71251 generates $780/mo in rent, after a $929/mo payment. Total monthly income is $780/mo. Return on cash invested sits at 12.36% in year one, and rental yield is 4.93% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 62.46% and total cumulative return in cash sums $39,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
N/A 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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