1560 Iris WalkJonesboroGA30238
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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 1560 Iris Walk, Jonesboro, GA, 30238 listed at $206,400 pairs $2,016/mo rent with a $1,010/mo payment to leave $760/mo cash flow. Total monthly income runs $2,016/mo, and annual cash flow reaches $9,120/yr on $68,422 cash to close. Return on cash invested measures 33.24% in year one, and rental yield registers 11.72% at a $206,400 basis. Equity gained on principal adds $1,332/yr, and annual property appreciation at 5% supports $57,025 by year five. Five-year ROI tracks 174.26% and total cumulative return in cash totals $119,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,016/mo property income relative to a $1,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2018
2,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30238, Jonesboro, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,009
Single Family
13,810
Multi-Family
1,199
Businesses
184
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