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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 8060 Northcrest Dr, Jonesboro, GA, 30238 offers a 8.71% rental yield on a $255,500 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $1,251/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,594/yr on $84,698 to close, and return on cash invested stands at 24.15% in year one. Equity gained on principal adds $1,649/yr while 5% annual appreciation supports $70,590 over five years. Portfolio math shows five-year ROI at 125.5% and total cumulative return in cash at $106,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $1,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.32 Acres 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 |
|---|---|---|
| 2025-01-07 | Price change | $255,500 |
| 2024-11-04 | Listed for sale | $260,000 |
| 2006-02-09 | Sold | $83,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1512.45 | -17.89% | $68,920 | 22.98% |
| 2022-02-16 | $1841.89 | 41.29% | $56,040 | 33.05% |
| 2021-02-16 | $1303.61 | 22.91% | $42,120 | 18.17% |
Listed by: Geraldine Harper • Millard Bowen Realty Group
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7481489
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