132 Glenmor Dr #1JonesboroLA71251
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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 132 Glenmor Dr #1, Jonesboro, LA, 71251 uses $41,438 cash to close to unlock $66/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $780/mo, and a $612/mo payment keeps the spread at $6/mo. Purchase price stands at $125,000, and rental yield measures 7.49% with $780/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 103.77% and total cumulative return in cash records $43,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $780/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.81 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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