3102 Walt Stephens RdJonesboroGA30236
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3102 Walt Stephens Rd, Jonesboro, GA, 30236 in Jonesboro worth study. Rental yield 3.79%. The 3.79% gross yield is below cash-flow benchmarks at $895,000, but 5% annual appreciation, adding $247,272 over five years, frames this as a capital growth position. Rent of $2,824/mo partially offsets the $4,024/mo payment. Ziffy Mortgage finances appreciation-play properties (0.70 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $170,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 8.0% |
| Monthly Cash Flow | $(2,624) | $1,200 |
City averages based on Jonesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,824 |
| Total Monthly Debt Service | $5,091 |
| DSCR Ratio | 0.55x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
10.69 Acres lot
$N/A/sqft
No 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
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
Single Family
Built in 1958
10.69 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices