55 Spivey Chase Ln, Jonesboro, GA, 30236 | $652/mo Cash Flow

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55 Spivey Chase Ln, Jonesboro, GA, 30236 | $652/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jonesboro at 55 Spivey Chase Ln, Jonesboro, GA, 30236 offers a 10.2% rental yield on a $270,000 purchase with $2,296/mo rent. Total monthly income registers $2,296/mo, and a $1,322/mo payment leaves $652/mo available for distribution. Annual cash flow reaches $7,827/yr on $89,505 to close, and return on cash invested stands at 28.65% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 149.65% and total cumulative return in cash at $133,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,296/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1983

2.63 Acres lot

$N/A/sqft

No HOA

More details about the property

This three-bedroom, two-and-a-half-bathroom two-story home, offers plenty of space and opportunity to personalize. Recent updates include a new HVAC system and septic tank. Inside, you'll find a living room with fireplace, a formal dining room, an eat-in kitchen, and a sunroom filled with natural light. The exterior features a two-car garage, a fenced backyard, and sits on approximately 2.63 acres for privacy and room to enjoy. With some cosmetic updates, this property can truly shine-don't miss the chance to make it your own!

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