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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 213 King St, Jonesboro, GA, 30236 offers $2,866/mo rent that, after a $1,243/mo payment, leaves $1,320/mo cash flow. Total monthly income is $2,866/mo, and annual cash flow is $15,844/yr on $84,201 cash. Return on cash invested measures 38.73% in year one, and rental yield stands at 13.54% at a $254,000 entry. Equity gained on principal adds $1,639/yr while 5% annual appreciation compounds into $70,176 by year five. Five-year ROI records 203.65% and total cumulative return in cash reaches $171,474. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,866/mo property income versus a $1,243/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30236, Jonesboro, GA area.
| 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 |
Residential
19,342
Single Family
15,471
Multi-Family
3,871
Businesses
1,564
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Price change | $254,000 |
| 2024-08-28 | Listed for sale | $265,000 |
| 2024-06-24 | Sold | $127,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $398.60 | 1.16% | $11,040 | 9.96% |
| 2022-09-16 | $394.03 | 5.24% | $10,040 | 5.91% |
| 2021-09-16 | $374.42 | 2.70% | $9,480 | 3.99% |
Listed by: Muhammad Gumanneh • EXP Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7445196
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