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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 302 E 12th St, Jonesboro, IN, 46938 earns $690/mo cash flow from $1,442/mo rent with a $602/mo payment. Total monthly income totals $1,442/mo, and annual cash flow totals $8,285/yr on $40,775 capital. ROI tracks 40.23% on current figures, and rental yield reads 14.07% at a $123,000 purchase. Equity gained on principal adds $794/yr, and 5% annual appreciation supports $33,983 over five years. Five-year ROI reaches 211.78% and total cumulative return in cash sums $86,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,442/mo property income instead of your personal income.
Single Family
Built in 1966
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
| 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 |
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-02-20 | Sold | $123,000 |
| 2024-12-31 | Pending sale | $124,900 |
| 2024-09-24 | Listed for sale | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1180.00 | 5.17% | $39,000 | -33.90% |
| 2023-11-02 | $1122.00 | 5.45% | $59,000 | 5.17% |
| 2022-11-02 | $1064.00 | 1.92% | $56,100 | 5.45% |
What's Special
Storage
Listed by: Alexis Johnson • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202418565
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
