85 North AveJonesboroGA30228
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Jonesboro at 85 North Ave, Jonesboro, GA, 30228 priced at $155,000 converts $1,481/mo rent into $537/mo cash flow after a $759/mo obligation. Total monthly income equals $1,481/mo, and annual cash flow totals $6,447/yr on $51,383 invested. Return on cash invested prints 32.46% in year one, and rental yield reads 11.47% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 170.05% and total cumulative return in cash sums $87,376. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,481/mo property income covering a $759/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30228, Hampton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,755 (100%) |
| Owner Occupied HU | 15,014 (72.3%) |
| Renter Occupied HU | 4,803 (23.1%) |
| Vacant Housing Units | 938 ( 4.5%) |
| Median Home Value | $321,086 |
| Average Home Value | $333,909 |
Housing Distribution
Address Breakdown
Residential
20,040
Single Family
18,998
Multi-Family
1,042
Businesses
673
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