$215,000

81 Royce Drive, Jonesboro, GA 30238

  • 3 beds |
  • 2 baths |
  • 1,352 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Excellent investment opportunity in Jonesboro! This 3-bedroom, 2 bath single-story brick home offers 1,352 sq ft of living space and is currently tenant-occupied with strong cashflow at $1600 per month (lease in place through July 2026). Built in 1970, the property features central heating and air, wood laminate flooring, ceiling fan in the living room, and a private patio area. The asphalt roof has remaining useful life, and the home is in average, well-maintained condition. Solid rental history and stable tenant make this a turnkey addition to any investor's portfolio. Conveniently located in Jonesboro with easy access to shopping, schools, and major highways. *************INVESTOR OPPORTUNITY********************** _ Priced for Quick Sale at $215,000. This tenant-occupied 3BR/2.5BA brick home generates $1,600 per month ($19,200 annually) with lease secured through July 2026, offering an attractive ~8.9% gross yield at the asking price. The 1,352 SF single-story layout includes central HVAC, wood laminate flooring, patio, and an asphalt roof with remaining life-providing a low-maintenance, stable asset from day one. Strong in-place cash flow with future upside through rent increases and long-term appreciation. Seller is motivated and ready for a smooth, quick closing.

Listing Status:
Active
Date Added:
March 4, 2026
Data Last Updated:
March 5, 2026 at 4:07AM
Listing Office:
Carnegie Cap : 619-517-6791
Listing Agent:
Henry Pailles : 619-517-6791
MLS ID:
10703236
  • General: Master On Main Level
  • Appliances: Electric Water HeaterRangeRefrigeratorStainless Steel Appliance(s)
  • Laundry: Other
  • Basement: None
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Style: ContemporaryRanchTraditional
  • Parking: Off StreetParking Pad
  • Roofing: Composition
  • General: BrickWood SidingOne
  • HOA Amenities: None
  • Originating MLS: Georgia MLS 2
  • County: Clayton
  • Zoning: 13237C E016
  • Utilities: Electricity AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableElectricity on Property
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Henry Pailles , Carnegie Cap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Swint Elementary School

500 Highway 138 W, Jonesboro, GA, 30238

Grades KG-5

0.94 miles away

P

Pointe South Middle School

8495 Thomas Rd, Jonesboro, GA, 30238

Grades 6-8

1.40 miles away

P

Perry Career Academy - Eula Wilburn Ponds Perry Center for

137 Spring St, Jonesboro, GA, 30236

Grades 8-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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