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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% |
Investment property for sale in Jonesboro at 7621 Raleigh Ln, Jonesboro, GA, 30236 offers a 8.9% rental yield on a $329,000 purchase with $2,440/mo rent. Total monthly income registers $2,440/mo, and a $1,610/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,255/yr on $109,064 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 128.53% and total cumulative return in cash at $140,181. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,440/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30236, Jonesboro, GA area.
| 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 |
Residential
19,342
Single Family
15,471
Multi-Family
3,871
Businesses
1,564
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Spain • Mark Spain Real Estate
Mls Name: GAMLS
Mls ID: #10599536
