








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Jonesboro at 1967 Old Dogwood, Jonesboro, GA, 30238 priced at $225,000 converts $2,028/mo rent into $582/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,028/mo, and annual cash flow totals $6,985/yr on $74,588 invested. Return on cash invested prints 29.27% in year one, and rental yield reads 10.82% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 153.42% and total cumulative return in cash sums $114,429. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,028/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Townhouse
Built in 2017
174.24 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 |
|---|---|---|
| 2025-02-15 | Listed for rent | $1,600 |
| 2025-02-14 | Listing removed | $1,600 |
| 2025-02-06 | Price change | $223,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2189.92 | -8.66% | $87,600 | 24.93% |
| 2022-02-16 | $2397.47 | 18.37% | $70,120 | 16.25% |
| 2021-02-16 | $2025.44 | 4.44% | $60,320 | 4.83% |



What's Special
Pull Down Stairs
Listed by: Aja Small • Keller Williams West Atlanta
Mls Name: GAMLS
Mls Provider:
Mls ID: #10424957
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.