2063 Spivey Village TrceJonesboroGA30236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2063 Spivey Village Trce, Jonesboro, GA, 30236 listed at $316,500 pairs $2,330/mo rent with a $1,549/mo payment to leave $247/mo cash flow. Total monthly income runs $2,330/mo, and annual cash flow reaches $2,961/yr on $104,920 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 8.83% at a $316,500 basis. Equity gained on principal adds $2,042/yr, and annual property appreciation at 5% supports $87,443 by year five. Five-year ROI tracks 118.5% and total cumulative return in cash totals $124,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,330/mo property income relative to a $1,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
1,306 sqft lot
$N/A/sqft
$1,800 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurel F Barrett • Keller Williams Southern Premier RE
Mls Name: GAMLS
Mls Provider:
Mls ID: #10376834
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.