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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 9472 Cypress Ln, Jonesboro, GA, 30238 uses $39,747 cash to close to unlock $9,805/yr annual cash flow and $817/mo monthly cash flow. Total monthly income runs $1,742/mo, and a $587/mo payment keeps the spread at $817/mo. Purchase price stands at $119,900, and rental yield measures 17.43% with $1,742/mo rent. Return on cash invested shows 44.58% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 237.24% and total cumulative return in cash records $94,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,742/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$2,340 annually 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 |
|---|---|---|
| 2024-05-10 | Price change | $119,900 |
| 2024-04-10 | Listed for sale | $125,900 |
| 2021-07-27 | Sold | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $177.60 | -53.68% | $42,760 | 26.06% |
| 2022-10-18 | $383.38 | -56.35% | $33,920 | 52.52% |
| 2021-10-18 | $878.39 | 14.22% | $22,240 | 15.66% |
Listed by: Kimberley L. Dailey • Dailey & Assoc Cert Brokers
Mls Name: GAMLS
Mls Provider:
Mls ID: #10278842
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 2024 GAMLS. All rights reserved.
