201 Providence Ct #1JonesboroGA30236
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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
Rental property for sale in Jonesboro at 201 Providence Ct #1, Jonesboro, GA, 30236 priced at $759,000 pairs $4,528/mo rent with after a $3,715/mo payment. Total monthly income equals $4,528/mo. Return on cash invested is 19.02% in year one, and rental yield stands at 7.16% on a $759,000 basis. Equity gained on principal adds $4,898/yr, and 5% annual appreciation accumulates to $209,698 by year five. Five-year ROI measures 98.12% and total cumulative return in cash reaches $245,027. For financing, Ziffy Mortgage’s DSCR program evaluates $4,528/mo property income against a $3,715/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.78 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30236, Jonesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,842 (100%) |
| Owner Occupied HU | 10,066 (50.7%) |
| Renter Occupied HU | 8,586 (43.3%) |
| Vacant Housing Units | 1,190 ( 6.0%) |
| Median Home Value | $281,654 |
| Average Home Value | $303,665 |
Housing Distribution
Address Breakdown
Residential
19,342
Single Family
15,471
Multi-Family
3,871
Businesses
1,564
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Listed by: Mary Anderson • DRB Group Georgia LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10410609
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 2024 GAMLS. All rights reserved.