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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Jonesboro at 1501 S Wheeling Pike, Jonesboro, IN, 46938 earns $204/mo cash flow from $1,390/mo rent with a $954/mo payment. Total monthly income totals $1,390/mo, and annual cash flow totals $2,447/yr on $64,643 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.55% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 123% and total cumulative return in cash sums $79,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,390/mo property income instead of your personal income.
Single Family
Built in 1968
10,560 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-04-13 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $1810.00 | 5.36% | $87,400 | -3.43% |
| 2023-04-15 | $1718.00 | 5.53% | $90,500 | 5.36% |
| 2022-04-15 | $1628.00 | -3.90% | $85,900 | 5.53% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
