332 W Downing CtJonesboroGA30238
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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 332 W Downing Ct, Jonesboro, GA, 30238 with 5% annual appreciation on a $309,000 basis while $2,488/mo rent supports operations. Total monthly income totals $2,488/mo and a $1,512/mo payment preserves $608/mo for cash returns. Annual cash flow comes to $7,293/yr on $102,434 deployed, and return on cash invested reaches 27.03% in year one. Equity gained on principal adds $1,994/yr, and five-year appreciation sums $85,371 alongside rental yield of 9.66%. Five-year ROI measures 140.88% and total cumulative return in cash totals $144,305.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,488/mo property income versus a $1,512/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.37 Acres lot
$N/A/sqft
No 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
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