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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% |
Rental property for sale in Jonesboro at 207 S 3rd Ave, Jonesboro, IN, 46938 generates $1,627/mo in rent and, after a $905/mo payment, leaves $517/mo in cash flow. Total monthly income is $1,627/mo, and annual cash flow is $6,204/yr on $61,328 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 10.55% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 156.83% and total cumulative return in cash sums $96,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,627/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kylie Sonner • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls ID: #202529167
