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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 1535 Iris Walk, Jonesboro, GA, 30238 uses $74,588 cash to close to unlock $7,308/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,101/mo payment keeps the spread at $609/mo. Purchase price stands at $225,000, and rental yield measures 11.55% with $2,165/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 156.31% and total cumulative return in cash records $116,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,099 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 30238, Jonesboro, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,520 (100%) |
| Owner Occupied HU | 9,080 (58.5%) |
| Renter Occupied HU | 5,640 (36.3%) |
| Vacant Housing Units | 800 ( 5.2%) |
| Median Home Value | $257,076 |
| Average Home Value | $281,861 |
Residential
15,009
Single Family
13,810
Multi-Family
1,199
Businesses
184
Date | Event | Price |
|---|---|---|
| 2024-12-31 | Listed for sale | $225,000 |
| 2024-12-14 | Pending sale | $225,000 |
| 2024-11-04 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3509.96 | 17.17% | $96,160 | 27.60% |
| 2022-02-16 | $2995.58 | 26.07% | $75,360 | 27.30% |
| 2021-02-16 | $2376.16 | -1.23% | $59,200 | N/A |
Listed by: Yan Huang • Virtual Properties Realty.Net, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7480995
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