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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 9503 S 600th Rd E, Jonesboro, IN, 46938 listed at $380,000 pairs $3,419/mo rent with a $1,860/mo payment to leave $1,138/mo cash flow. Total monthly income runs $3,419/mo, and annual cash flow reaches $13,654/yr on $125,970 cash to close. Return on cash invested measures 30.75% in year one, and rental yield registers 10.8% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 160.72% and total cumulative return in cash totals $202,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,419/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
2.68 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 |
|---|---|---|
| 2024-06-14 | Sold | $380,000 |
| 2024-04-10 | Listed for sale | $380,000 |
| 2022-10-24 | Sold | $263,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kayla Poling • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202411755
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.
