Jonesboro, GA — Rental Investment Analysis

🟢GOODsolid returns

Cap Rate

6.0%

Above average

Monthly Cash Flow

-$84

After all expenses

Price-to-Rent

10.7

Investor-friendly

DSCR

0.94

Fails

📊 Key Metrics

Median Home Price
$244,876
Average Rent (3BR)
$1,910/mo
Price-to-Rent Ratio
10.7(good)
1% Rule
0.78%(fails — need 1%+)
Cash-on-Cash Return
-1.6%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.5%(-0.8% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

0.83%

of assessed value (GA avg)

Median Income

$61,980

household (GA avg)

Rent-to-Income

37%

Stretched

Section 8 Max Rent

$1,910/mo

3BR voucher payment

🏛️ GA Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.83% effective

Population Trend

+1.6% (3yr)

🏘️ Best Zip Codes in Jonesboro for Investors

30238
Cap Rate: 6.5%Cash Flow: +$28/mo$229,461
30236
Cap Rate: 5.5%Cash Flow: -$196/mo$260,292

All Zip Codes in Jonesboro

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
302386.5%+$28$229,461$1,920/mo1.02
302365.5%-$196$260,292$1,900/mo0.86