413 Canterbury WayJonesboroGA30236
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 413 Canterbury Way, Jonesboro, GA, 30236 in Jonesboro. Rental yield 5.16%. At $1,286,300 with 5.16% gross yield, current distributions are modest, but the 5% appreciation rate projects $355,381 in new equity by year five, complemented by $11,847/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.96) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $323,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 8.0% |
| Monthly Cash Flow | $(2,556) | $1,200 |
City averages based on Jonesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,531 |
| Total Monthly Debt Service | $7,575 |
| DSCR Ratio | 0.73x |
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 2002
0.89 Acres lot
$N/A/sqft
$62 monthly 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 2002
0.89 Acres lot
$N/A/sqft
$62 monthly 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