323 Coverview CtJonesboroGA30238
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
Investment Highlights
Investment property for sale in Jonesboro at 323 Coverview Ct, Jonesboro, GA, 30238 at $349,400 posts ROI 24.99% with $491/mo cash flow from $2,844/mo rent. Total monthly income equals $2,844/mo, and annual cash flow records $5,889/yr on $115,826 to close. Return on cash invested measures 24.99% and rental yield reads 9.77% at the current $349,400. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,533 by year five. Five-year ROI prints 130.84% and total cumulative return in cash totals $151,541.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,844/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
8,842 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30238, Jonesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,520 (100%) |
| Owner Occupied HU | 9,080 (58.5%) |
| Renter Occupied HU | 5,640 (36.3%) |
| Vacant Housing Units | 800 ( 5.2%) |
| Median Home Value | $257,076 |
| Average Home Value | $281,861 |
Housing Distribution
Address Breakdown
Residential
15,009
Single Family
13,810
Multi-Family
1,199
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Mattioli • Vantage Brokerage GA, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7442865
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)