1321 Private Road 16021JonesboroTX76538
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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 1321 Private Road 16021, Jonesboro, TX, 76538 earns from $1,559/mo rent with a $1,713/mo payment. Total monthly income totals $1,559/mo. ROI tracks 10.29% on current figures, and rental yield reads 5.35% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 52.51% and total cumulative return in cash sums $60,926. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Single Family
Built in 2023
10.01 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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