8833 E Bourne DrJonesboroGA30238
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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
Investment property for sale in Jonesboro at 8833 E Bourne Dr, Jonesboro, GA, 30238 listed at $235,000 pairs $1,494/mo rent with a $1,150/mo payment to leave $54/mo cash flow. Total monthly income runs $1,494/mo, and annual cash flow reaches $652/yr on $77,903 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.63% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 107.26% and total cumulative return in cash totals $83,560. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,494/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30238, Jonesboro, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,009
Single Family
13,810
Multi-Family
1,199
Businesses
184
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Listed by: Atiya Parson • Drake Realty, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7563364
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