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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 2959 Drexel Ln, Jonesboro, GA, 30236 generates $1,622/mo in rent and, after a $881/mo payment, leaves $527/mo in cash flow. Total monthly income is $1,622/mo, and annual cash flow is $6,319/yr on $59,637 invested. Return on cash invested sits at 30.51% in year one, and rental yield is 10.82% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 159.56% and total cumulative return in cash sums $95,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.28 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tara Kearney • Porch Property Group, LLC
Mls Name: FMLS GA
Mls ID: #7682217
