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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 600 W 12th St, Jonesboro, IN, 46938 generates $1,229/mo in rent and, after a $783/mo payment, leaves $269/mo in cash flow. Total monthly income is $1,229/mo, and annual cash flow is $3,225/yr on $53,007 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 9.22% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $71,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,229/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | N/A | N/A | $88,400 | -2.00% |
| 2023-06-25 | N/A | N/A | $90,200 | 5.74% |
| 2022-06-25 | N/A | N/A | $85,300 | 6.23% |
Listed by: Shannon L Decker-Young • House Hunters Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524175
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
