300 E 9th StJonesboroIN46938
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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 300 E 9th St, Jonesboro, IN, 46938 earns $419/mo cash flow from $1,546/mo rent with a $919/mo payment. Total monthly income totals $1,546/mo, and annual cash flow totals $5,028/yr on $62,223 capital. ROI tracks 27.99% on current figures, and rental yield reads 9.88% at a $187,700 purchase. Equity gained on principal adds $1,211/yr, and 5% annual appreciation supports $51,858 over five years. Five-year ROI reaches 145.91% and total cumulative return in cash sums $90,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,546/mo property income instead of your personal income.
Single Family
Built in 1949
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
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