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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% |
Rental property for sale in Jonesboro at 540 Flint Ridge Ct, Jonesboro, GA, 30238 offers $2,131/mo rent that, after a $1,566/mo payment, leaves $129/mo cash flow. Total monthly income is $2,131/mo, and annual cash flow is $1,545/yr on $106,080 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 7.99% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 110.75% and total cumulative return in cash reaches $117,483. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,131/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1,955 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30238, Jonesboro, GA area.
| 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 |
Residential
15,009
Single Family
13,810
Multi-Family
1,199
Businesses
184
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Listed for sale | $320,000 |
| 2001-05-25 | Sold | $120,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3316.42 | 5.25% | $118,800 | 33.00% |
| 2022-02-16 | $3151.00 | 30.10% | $89,320 | 26.95% |
| 2021-02-16 | $2421.98 | 16.35% | $70,360 | 15.16% |
Listed by: Basil Sullivan • Blackhawk Realty Group, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7513349
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