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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 809 W 9th St, Jonesboro, IN, 46938 at $175,000 posts ROI 24.11% with $203/mo cash flow from $1,254/mo rent. Total monthly income equals $1,254/mo, and annual cash flow records $2,436/yr on $58,013 to close. Return on cash invested measures 24.11% and rental yield reads 8.6% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 125.2% and total cumulative return in cash totals $72,631.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.35 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 |
|---|---|---|
| 2025-04-06 | Listed for sale | $175,000 |
| 2017-07-17 | Sold | $94,900 |
| 2017-06-01 | Listed for sale | $94,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $1061.74 | 2.78% | $117,600 | 7.79% |
| 2023-04-08 | $1033.00 | 21.42% | $109,100 | 5.61% |
| 2022-04-08 | $850.78 | 20.79% | $103,300 | 10.72% |
Listed by: Kayla Poling • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511537
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.
