2873 Summit DrJonesboroGA30236
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 2873 Summit Dr, Jonesboro, GA, 30236 at $374,999 posts ROI 26.59% with $692/mo cash flow from $2,983/mo rent. Total monthly income equals $2,983/mo, and annual cash flow records $8,304/yr on $124,312 to close. Return on cash invested measures 26.59% and rental yield reads 9.55% at the current $374,999. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,605 by year five. Five-year ROI prints 138.53% and total cumulative return in cash totals $172,215.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,983/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.79 Acres lot
$N/A/sqft
$110 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: Reshanda Fowlerransom • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7455826
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