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Listed price in listed location currency (USD).
$205,000

430

MLS® 10703236

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1352 sqft
Garage No
Taxes $2,578
Days Active 19
Lot Size 0.267 acres
Approx. Age 1970
Avg. Price Per Sqft $151
MLS® Number 10703236

Property Address: 81 Royce Dr, Jonesboro, GA, 30238-2901

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity in Jonesboro, Georgia. This single-story brick home offers 4 bedrooms and 3 bathrooms with approximately 1, 352 SF of living space. A previous owner professionally converted the garage, adding an additional bedroom and full bathroom (permits unknown), allowing the home to function and rent as a 4BR/3BA, significantly enhancing rental appeal and income potential. Built in 1970, the home features central heating and air, wood laminate flooring, ceiling fan in the living room, private patio, and an asphalt roof with remaining life. The property is tenant occupied and currently rented for $1, 600 per month, with lease in place through July 2026, providing immediate and stable income for the next owner. Investor Opportunity: Priced for a quick sale at $215, 000, this income-producing property offers immediate cash flow with $1, 600/month in-place rent ($19, 200 annually), producing an estimated ~8.9% gross yield at the asking price. The 4-bedroom / 3-bathroom configuration-made possible by the converted garage suite-significantly increases rental demand and value perception compared to typical 3-bedroom homes in the area. Solid brick construction, central HVAC, laminate floors, and a stable tenant already in place make this a turnkey investment. Strong ROI potential with additional upside through future rent increases and long-term appreciation in the growing Clayton County, Georgia rental market. Seller motivated and seeking a fast, smooth closing.
MLS® Number10703236
Laundry LevelOther
Central VacNo
FireplaceNo
Acreage0.267
Exterior
GarageNo
Approx. Age1970
BasementNone
DrivewayOff Street, Parking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$205,000List Price

Home Appraisal

This property is estimated to sell between: $201,000 and $207,000.
Similar properties in this area sold on average for: $201,272
Expected to sell in 53 days. Similar properties sold in 72 days. This home has been on eXp Realty for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
81 Royce Dr, Jonesboro, GA

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