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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 8562 Creekwood Way, Jonesboro, GA, 30238 offers a 9.23% rental yield on a $150,000 purchase with $1,154/mo rent. Total monthly income registers $1,154/mo, and a $734/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,895/yr on $49,725 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 133.97% and total cumulative return in cash at $66,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,154/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A 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 |
|---|---|---|
| 2025-06-17 | Listed for sale | $150,000 |
| 2024-06-04 | Sold | $90,000 |
| 2018-04-06 | Sold | $61,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-17 | $165.71 | -39.70% | $42,040 | 48.66% |
| 2022-06-17 | $274.83 | 69.70% | $28,280 | 26.78% |
| 2021-06-17 | $161.95 | N/A | $22,307 | N/A |
Listed by: Joseph Nelson • A-1 Realty Group
Mls Name: GAMLS
Mls Provider:
Mls ID: #10545159
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
