2895 W Fm 217JonesboroTX76538
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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 2895 W Fm 217, Jonesboro, TX, 76538 listed at $255,250 pairs $2,682/mo rent with a $1,249/mo payment to leave $867/mo cash flow. Total monthly income runs $2,682/mo, and annual cash flow reaches $10,406/yr on $84,615 cash to close. Return on cash invested measures 32.21% in year one, and rental yield registers 12.61% at a $255,250 basis. Equity gained on principal adds $1,647/yr, and annual property appreciation at 5% supports $70,521 by year five. Five-year ROI tracks 170.06% and total cumulative return in cash totals $143,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,682/mo property income relative to a $1,249/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1995
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76538, Jonesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 334 (63.6%) |
| Renter Occupied HU | 61 (11.6%) |
| Vacant Housing Units | 130 (24.8%) |
| Median Home Value | $288,889 |
| Average Home Value | $377,328 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
13
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