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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 8286 Wheeling Pike, Jonesboro, IN, 46938 earns $312/mo cash flow from $1,363/mo rent with a $857/mo payment. Total monthly income totals $1,363/mo, and annual cash flow totals $3,744/yr on $58,013 capital. ROI tracks 26.36% on current figures, and rental yield reads 9.35% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash sums $79,651. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,363/mo property income instead of your personal income.
Single Family
Built in 1900
2.05 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 |
|---|---|---|
| 2025-02-28 | Sold | $175,000 |
| 2025-01-31 | Pending sale | $175,000 |
| 2024-12-29 | Price change | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $582.64 | 8.53% | $111,500 | 2.76% |
| 2023-11-02 | $536.84 | 23.71% | $108,500 | 8.94% |
| 2022-11-02 | $433.96 | 8.18% | $99,600 | 13.44% |
Listed by: Drew Moser • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439828
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.
