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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% |
Investment property for sale in Jonesboro at 244 Country Club Dr, Jonesboro, GA, 30238 at $144,900 posts ROI 37.33% with $698/mo cash flow from $1,944/mo rent. Total monthly income equals $1,944/mo, and annual cash flow records $8,370/yr on $48,034 to close. Return on cash invested measures 37.33% and rental yield reads 16.1% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 199.48% and total cumulative return in cash totals $95,821.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1974
3,920 sqft lot
$N/A/sqft
$3,420 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 |
|---|---|---|
| 2024-10-11 | Price change | $144,900 |
| 2024-09-27 | Price change | $149,900 |
| 2024-09-16 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2160.58 | 52.92% | $59,840 | 66.22% |
| 2022-10-18 | $1412.85 | 35.50% | $36,000 | 36.36% |
| 2021-10-18 | $1042.69 | -1.25% | $26,400 | N/A |
Listed by: Cheryl Kypreos • GK Properties LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10378463
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.
